Aliko Dangote unveils a major petrochemical plant in Nigeria, producing 400,000 tonnes of detergent raw materials annually to dominate African supply chains and compete with multinationals like Unilever and PZ Cussons.
Aliko Dangote reveals Nigerians can invest in Dangote Refinery shares within 4-5 months, with dividends payable in naira or dollars. He calls on Tinubu's government to reduce imports and boost local manufacturing to strengthen the naira.
A viral video claims Nigeria will replace the naira with the Eco currency in 2027, but officials confirm the Eco's development depends on strict economic criteria, with no announcement to abolish the naira.
Nigeria's naira appreciates sharply, causing dollar hoarders to offload currency at losses. External reserves climb to $48.5 billion, boosting market confidence and narrowing the gap between official and parallel exchange rates.
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MultiChoice suspends its customary April price increases for DStv and GOtv subscribers, a strategic shift under Canal+ ownership aimed at stabilizing and growing the customer base amid significant subscriber losses.
The Federal Government plans to disconnect the Presidential Villa from the national power grid by March 2026 after completing a solar power installation. The project, funded with N10bn in 2025 and an additional N7bn proposed for 2026, aims to cut energy c
The Canadian dollar has crashed below N1,000 against the naira, offering hope for cheaper visa fees and proof-of-funds requirements for Nigerians relocating to Canada. The naira's strong performance is backed by rising foreign reserves and improved market
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Ondo State government announces plans to transform into a leading industrial hub through the 2026 Investment Summit, leveraging natural resources and diaspora investments under the 'OUR EASE' agenda.
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Practical guidance on creating an inclusive workplace during Ramadan and Lent. Learn how to support fasting colleagues with empathy while maintaining professionalism and avoiding awkward situations.
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SPAR Market Nigeria celebrates its retail journey with the opening of a new hypermarket at Novare Central Mall in Abuja, marking its 17th store nationwide and fourth location in the capital city.
Abuja Investments Company Limited is undergoing institutional renewal under Minister Nyesom Wike, shifting from passive asset management to active investment stewardship with major global expos.
Explore the collapse of 10 notable Nigerian banks, including Savannah Bank and Heritage Bank, due to governance failures, capital issues, and regulatory actions by the CBN.
In Nigeria's online trading scene, broker leverage and margin settings significantly influence trader psychology, risk perception, and decision-making processes, often determining success more than market analysis alone.
FAAN addresses a viral claim of detention for filming at MMIA, stating the passenger was in a restricted area and not detained, but guided on privacy and security rules.
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The Central Bank of Nigeria has approved 82 recapitalised BDC operators to access up to $150,000 weekly from the NFEM to improve dollar supply in the retail market and support naira stability.
Commercial banks and telecom operators in Nigeria have resolved their four-year dispute over unpaid USSD charges, clearing nearly N300 billion in debt and transitioning to a new end-user billing model.
Former US President Donald Trump announces a temporary 10% global tariff under Section 122 of the Trade Act, lasting 150 days, following the Supreme Court's invalidation of previous emergency duties.
Daniel Unah, born and raised in Cameroon, has relocated to Calabar, Nigeria, after a visit revealed life was easier and more affordable there. He shared his story on TikTok, receiving widespread support from Nigerians.
The US Supreme Court has ruled 6-3 that President Trump's global tariffs were unlawful, marking a rare setback for his administration. The decision affects billions in tariffs but leaves some measures intact.
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Nigeria's total public debt increased to N153.29 trillion as of September 30, 2025, according to the Debt Management Office, with domestic debt at N81.81 trillion and external debt at N71.47 trillion.
Khalifa Rabiu emerges as the heir to the $15 billion BUA Group, marking a pivotal generational transition in Nigeria's industrial landscape. His global education and operational experience position him to steer the conglomerate's future growth and economi
Brent crude exceeds Nigeria's 2026 budget benchmark, while the naira appreciates below N1,400/$1 and external reserves hit an eight-year high, signaling economic recovery.
Florence Adejole, a University of Ibadan graduate, celebrates earning a first-class honours degree in agriculture after facing criticism for her course choice, inspiring netizens with her resilience.
The Nigerian naira strengthens sharply to N1,345 per dollar in the parallel market, forcing speculators to offload dollars. The gap with the official rate narrows to just 0.29%, marking a significant convergence.
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Niger Delta Safety Watch has written an open letter to President Bola Ahmed Tinubu, calling for urgent review of the pipeline surveillance contract held by Government Ekpemupolo (Tompolo). The group cites significant oil production losses and accuses Tomp
Nigeria's currency depreciated at the official forex window, closing at ₦1,341.35 per dollar, despite external reserves rising to $48.5 billion. High demand for foreign currency and reduced central bank intervention contributed to the decline.
Bureau de Change operators report they have not been able to access the Central Bank of Nigeria's official foreign exchange window despite policy approval. Operational challenges including settlement account requirements and banking processes are creating
Nigeria grieves the loss of Chief Israel C. Ogbue, former UBA chairman, who passed away peacefully at 99. He leaves a legacy of over 60 years in public and private service, with tributes pouring in from colleagues and citizens.
Petrol prices at Lagos private depots have risen sharply, with Dangote-linked fuel now selling at N800 per litre. The increase follows Dangote Refinery's suspension of gantry sales and global crude oil prices climbing above $72 per barrel.
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The Nigerian naira has surged to one of its strongest levels in nearly two years, closing at 1,347.78 per dollar in the official market, driven by improved liquidity and Central Bank interventions.
