Following Dangote Refinery's pricing adjustments, private depots across Nigeria have reduced petrol loading rates, sparking intense competition in the downstream fuel market. Major hubs like Lagos, Warri, and Calabar see significant price cuts, potentiall
Nigeria's Securities and Exchange Commission has released a full list of 38 unregistered digital platforms it has shut down, warning fintech operators about investor risks in the capital market.
The Central Bank of Nigeria has issued new baseline standards requiring financial institutions to implement automated anti-money laundering systems to detect suspicious transactions and enhance compliance with financial crime regulations.
The African Energy Chamber urges African governments and companies to boycott the 2026 Africa Energies Summit in London due to alleged discriminatory hiring practices by organizers.
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As UK unemployment is projected to peak at 5.3% in 2026, this guide outlines essential financial support available to jobseekers including Jobseeker's Allowance and Universal Credit.
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SIMS Nigeria launches a new digital centre on Allen Avenue in Ikeja, offering up to 70% discounts on smart electronics from brands like Samsung and TCL during a flash sale event.
Enugu State government plans to generate 1,000 megawatts of electricity from coal reserves while cracking down on illegal mining operations across the state.
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Baobab Microfinance Bank Nigeria has unveiled the Green Finance Project, a training initiative to develop skilled professionals who can provide responsible solar energy advice to households and SMEs in Lagos, addressing rising energy costs and advisory ga
President Bola Tinubu has appointed Lamido Abubakar Yuguda as the new Deputy Governor of the Central Bank of Nigeria, pending Senate confirmation. Yuguda replaces Bala Bello, who now serves as Special Adviser to the President on Political Economy.
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Essential steps for travellers leaving the Middle East during conflict, including visa checks, flight disruptions, and alternative routes through UAE and Saudi Arabia.
Canada, Brazil, Vietnam, Lithuania, and Namibia are implementing aggressive tourism strategies to attract international visitors in 2026 through visa reforms, major events, and marketing campaigns.
FCMB Group Plc has successfully raised over ₦400 billion through public offers and other transactions, meeting the ₦500 billion capital requirement to retain its international banking licence in Nigeria.
International Energy Agency members agree to largest-ever emergency oil stock release of 400 million barrels to combat supply disruptions from Middle East tensions and stabilize volatile global markets.
The Federal Government is tracking escalating Middle East conflicts involving the US, Israel, and Iran to protect Nigeria's economic stability, citing risks to oil prices and capital flows.
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President Tinubu has directed the immediate rollout of 100,000 CNG conversion kits across Nigeria to provide cheaper fuel alternatives amid rising petrol costs, with prices hitting up to ₦1,380 per litre in major cities.
The Nigerian Electricity Regulatory Commission has issued a directive requiring private transmission substation operators to register and obtain permits within 45 days to enhance grid stability and oversight.
Petrol prices in Enugu have surged to N1,500 per litre, forcing transport operators to raise fares. Many residents now trek between bus stops to cut costs, with further price hikes projected.
A British couple, aged 66 and 64, drowned at Shellharbour Beach in New South Wales while visiting relatives. Off-duty nurses attempted CPR, but both were declared dead. The incident highlights Australia's summer drowning toll.
SUNU Assurances Nigeria Plc plans to raise N9.3 billion through a Rights Issue to strengthen its capital base and comply with new N15 billion minimum capital requirements for non-life insurers under Nigeria's Insurance Industry Reform Act.
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Governor Dapo Abiodun of Ogun State has introduced a youth empowerment blueprint offering grants up to N10 million, digital skills training, and agricultural support to tackle unemployment and foster innovation.
PE Energy Limited and Siemens AG are advancing efforts to modernize Nigeria's electricity infrastructure, deploying AI-driven grid technology and local engineering to tackle grid instability and metering issues.
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Maltina celebrates 50 years in Nigeria with a nationwide Nourishment Tour targeting one million students, featuring science experiments and nutrition education in partnership with STEM Africa Fest and ambassador Kiekie.
President Bola Tinubu asserts Nigeria's economy is recovering from early challenges, with state governors no longer needing bank loans to pay workers' salaries, citing reforms and improved financial stability.
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Reality TV star Mercy Eke collaborates with OPPO to spotlight the new Reno15 Series smartphone, blending style and technology for content creators in Nigeria.
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President Bola Tinubu has approved fiscal incentives to enable the Final Investment Decision on the Bonga Southwest deepwater oil project, which could attract $20 billion in foreign direct investment.
The OCHF Foundation launches a quarterly grant program offering N500,000 each to 10 Nigerian entrepreneurs to overcome capital barriers and scale their businesses effectively.
Oil marketers warn that petrol prices in Nigeria could have soared to N1,500 per litre without local refining capacity from Dangote Refinery, citing global oil volatility and exchange rate pressures.
Nigeria's non-oil exports soared to N12.36 trillion in 2025, up from N9.09 trillion in 2024, driven by growth in agriculture, manufacturing, and solid minerals, according to the National Bureau of Statistics.
President Bola Tinubu has directed the immediate nationwide deployment of approximately 100,000 compressed natural gas conversion kits to alleviate transportation costs amid rising fuel prices, driven by Middle East conflict.
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Nigeria's Federal Government has suspended petrol import licenses for major marketers, strengthening Dangote Refinery's position as it now supplies 64% of national demand and plans a $750 million expansion.
