SMEDAN Reopens N50,000 Grant Portal for Small Businesses
SMEDAN has reopened applications for its N50,000 Conditional Grant Scheme for nano and micro businesses. The non-repayable grant aims to boost growth and job creation across Nigeria.
Category : Business
Nigeria Petrol Consumption Drops 52M Litres in H1 2026
Nigeria's petrol consumption fell by 52 million litres in H1 2026, as high pump prices curb demand despite Dangote refinery's increased output.
Australia Launches Jobs Website for Foreign Workers and Families
Australia launches immigrationsaustralia.com.au, a website for foreigners to find jobs and relocate with families, joining UK and Germany in skilled worker portals.
Egypt Launches E-Visa on Arrival with QR Code for Tourists
Egypt's new electronic visa on arrival system, effective August 1, 2026, replaces paper visas with QR codes, easing entry for eligible tourists.
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Japan Digital Nomad Visa 2026: 51 Countries Eligible
Japan releases official list of 51 countries for its Digital Nomad Visa in 2026. Applicants must prove annual income of 10 million yen. No African country is on the primary list.
Sunbeth Global Gets Investment Grade Ratings from Agusto, IA
Sunbeth Global Concepts secures investment-grade ratings from Agusto & Co. and Intelligence Africa, affirming strong financial health and growth prospects.
Regency Alliance Raises N6.04bn, Meets NAICOM Capital
Regency Alliance Insurance has raised N6.04 billion, meeting NAICOM's recapitalization requirement ahead of the December 2025 deadline.
India buys 2m barrels of Nigeria's Utapate, Okwuibome crude
India purchases 2 million barrels of Nigeria's Utapate and Okwuibome crude for September delivery, boosting Nigeria's oil exports and revenue.
Top 10 Highest Minimum Wages 2026: Full List
Luxembourg leads with $3,100+ monthly minimum wage in 2026. Australia, Ireland, Germany follow. See the full top 10 list and why wages vary.
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Canada Announces 5 PR Routes for Medical Doctors
Canada unveils five immigration pathways for international medical doctors to obtain permanent residence, including a new Express Entry category and 5,000 reserved PNP spaces.
Dangote, Sinoma Sign $800m Deal for Itori Cement Plant
Dangote Industries and Sinoma International sign $800m MoU to expand Itori cement plant, doubling capacity to 12M metric tonnes, boosting jobs and exports.
Cooking Gas Prices Drop to N1,400/kg as New Depot Rates Released
LPG depot prices fall to N1,005-N1,050/kg, retail drops to N1,400/kg in Lagos, Enugu, a 39% decline from June highs.
Why Investors Hesitate to Back Nigeria's Tourism
Tour Buddy founder reveals key barriers deterring investors from Nigeria's tourism, citing infrastructure gaps, insecurity, and policy inconsistency, despite sector's vast potential.
FG Opens N1,000 Savings Bonds With Up to 14.96% Interest
The DMO opens FGN Savings Bonds at N1,000/unit, offering 13.963% and 14.963% annual interest, with subscriptions closing August 7, 2026.
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August Dividend Race: 8 NGX Companies Set Qualification Dates
Eight NGX-listed firms have announced dividend qualification dates in August 2026, offering investors a chance to earn payouts. Key dates and amounts revealed.
Banking Stocks Lift Nigerian Market by N288bn
Banking stocks drove a N288 billion gain in Nigerian equities, lifting the market despite a broad selloff, as investors sought value in the sector.
Cooking Gas Prices Crash Below N1,400/kg in Lagos, Enugu
LPG prices drop nearly 39% across Nigeria, with Lagos and Enugu seeing gas at N1,400/kg, easing household budgets amid inflation.
NNPC Cuts Petrol Price to N1,299, Dangote Undercuts Depots
NNPC reduces petrol price to N1,299 per litre, following MRS's cut, as Dangote Refinery maintains lowest ex-depot price at N1,215, intensifying competition.
Canada Lists 5 Immigration Routes for Medical Doctors
Canada offers five permanent residency pathways for medical doctors, including Express Entry, PNP, Atlantic program, and rural and francophone pilots, as announced by IRCC.
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Okonjo-Iweala: Delta can become Nigeria's next industrial hub
WTO chief Ngozi Okonjo-Iweala urges Nigeria to improve maintenance culture, says Delta can become next industrial hub via AfCFTA and supply chain shifts.
Delta Launches $100m Fund for Private Investment
Delta State launches a $100 million fund to attract private investment, aiming to boost economic growth and job creation.
Soludo: No Debt Borrowed Since Becoming Governor
Anambra Governor Charles Soludo says Nigeria's economy is stabilising and he hasn't borrowed any money since taking office, urging Nigerians to patronise local products to create jobs.
Guinea Insurance Raises N12.6bn, Exceeds NAICOM Capital
Guinea Insurance has raised N12.6 billion, surpassing NAICOM's capital requirement. The company announces its compliance with new recapitalization rules.
NACCIMA Opens $150M Fund for Nigerian Businesses
NACCIMA launches $150M offshore fund for Nigerian businesses, offering loans from $10M with 7.5-year terms. Applications open via portal.
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NNPC Profit Drops 35.4% to N2.28trn in H1 2026
NNPC's H1 2026 profit fell 35.4% to N2.28 trillion, trailing 2025 by N1.25 trillion, as earnings declined amid lower production and market challenges.
Beta Glass H1 2026: Revenue Up 1.9% to N79.71bn
Beta Glass Plc reports strong Q2 2026 with revenue up 13.8% to N42.18bn, lifting H1 revenue to N79.71bn. PAT stands at N16.16bn for H1.
Otedola's Net Worth Hits $1.8B as First HoldCo Crosses N6trn
Femi Otedola's net worth reached $1.8 billion on August 3, 2026, the highest since 2018, as First HoldCo's market cap crossed N6 trillion.
UK Passport Renewal Fees 2026: Online vs Paper Costs
The UK government has set passport renewal fees for 2026: £102 online, £115.50 by paper. Online is cheaper, saving applicants £13.50.
Cooking Gas Prices Crash as NLNG Halts Exports to Boost Supply
Nigerian cooking gas retailers slash prices to N1,150/kg as NLNG dedicates 100% of LPG to local market, following global oil decline and improved supply.
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Atiku Rejects GDP Celebrations, Cites IMF Poverty Data
Atiku Abubakar challenges Tinubu's GDP celebration, citing IMF data that 63% of Nigerians live below the poverty line, urging focus on living standards.
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