A partial collapse of Nigeria's national electricity grid has left five South-East states without power, with restoration efforts ongoing amid concerns over upcoming gas facility maintenance that could reduce supply by 20%.
A Nigerian woman in Calgary, Canada, shared her experience shipping 120kg of foodstuffs and clothing from Nigeria, detailing the costs involved and sparking reactions from the diaspora community.
Aviation safety experts outline critical early indicators, such as equipment malfunctions and adverse weather, that may precede air crashes, emphasizing the chain-of-events theory in accident prevention.
Nigeria's cooking gas prices have fallen significantly, with Dangote Refinery reducing its ex-depot rate to N760 per kilogram. Improved forex stability and local production are driving the downward trend, offering relief to households.
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Nigeria's new tax reforms clarify that Nigerians abroad are not taxed on foreign income or remittances, addressing fears of double taxation with DTAs and residency rules.
Nigeria's foreign exchange reserves have surged to $48.5 billion, reaching their highest level in nearly 13 years, providing significant support for the naira and signaling economic strength amid ongoing reforms.
The Nigerian equities market sustained its bullish momentum on Thursday, with the All-Share Index rising 1.40% as investors gained N1.71 trillion. Banking, consumer goods, and industrial stocks led the rally.
The Managing Director of Dangote Refinery announced that the facility is operating in phases to optimize efficiency, aiming to meet domestic petroleum demand before expanding exports across Africa.
Azikel Group refutes a N1 billion lawsuit claim, stating it's a blackmail attempt by a failed trainee. The company defends its philanthropic aviation programme for Bayelsa youths.
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A Nigerian-Canadian cybersecurity coach expresses conflicted emotions over the naira's appreciation against the Canadian dollar, highlighting impacts on exchange power and life in Nigeria.
Power generation companies in Nigeria reveal unpaid electricity invoices have reached N6 trillion, attributing it to revenue shortfalls and weak remittances. The Association of Power Generation Companies rejects Nigeria Labour Congress allegations of exto
Nigeria's debt to the World Bank's International Development Association surged to $18.7 billion, marking an 11.3% annual increase and raising concerns over fiscal sustainability and revenue management.
The Federal Government has announced a phased timeline for enforcing Nigeria's new tax laws, targeting full rollout by 2028, with medium-sized companies first to adopt e-invoicing in 2026.
The federal government has launched the SMEDAN ICSS programme, offering 6,122 Nigerian youths business loans from N250,000 to N5 million with single-digit interest, plus training and mentorship.
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The Nigerian naira recorded contrasting movements across official and parallel markets while external reserves climbed above $48.5 billion, providing the Central Bank with enhanced capacity to stabilize the currency.
President Bola Tinubu has eliminated the 30% management fee previously retained by NNPC Limited on profit oil and gas, directing revenues to flow directly to the Federation Account.
Nigeria Revenue Service enforces mandatory electronic invoicing for large businesses, with MTN Nigeria as the first to comply. The system aims to enhance tax compliance and digital administration.
President Bola Tinubu has signed an executive order requiring all oil and gas revenues to be paid directly into the Federation Account, aiming to strengthen public finances and curb revenue leakages in Nigeria's petroleum sector.
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CFG Africa's dual-city investment forum highlighted non-interest finance as a strategic hedge against market volatility, with experts showcasing strong returns and advocating for policy shifts to boost economic stability.
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Nigeria strengthens its position as West Africa's aviation hub with direct flights connecting Lagos to 30 countries across four continents, including a new Brazil route set to launch soon.
The proposed merger between Unity Bank and Providus Bank has successfully exceeded the Central Bank of Nigeria's N200 billion minimum capital requirement for national banking licenses. Regulatory approvals and shareholder support have positioned the combi
The Niger Delta Development Commission has initiated a six-week CNG conversion training programme for 400 youths, aiming to equip them with skills for Nigeria's clean energy sector and reduce unemployment.
The Federal Airports Authority of Nigeria has repaired the non-functional wall clocks at Murtala Mohammed International Airport following a viral social media post by a pilot highlighting the issue.
Nigerian pilot Arinze Odira reveals that wall clocks at Murtala Muhammed International Airport in Lagos, meant to display times for five countries, are not working, citing a poor culture of excellence.
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The Nigerian Content Development and Monitoring Board (NCDMB) has reiterated that all upstream oil and gas companies must pay a mandatory 1% levy and obtain a compliance certificate to access regulatory services.
Nigerian billionaire Abdulsamad Rabiu's net worth surged to $12.3 billion on February 18, 2026, driven by gains in BUA Cement and BUA Foods on the Nigerian Exchange. His wealth increased by $915 million in a single day, with year-to-date gains of $2.13 bi
A suspected carbon monoxide gas leak at a mining site in Plateau State's Zurak area has killed 37 miners and hospitalized 25 others, highlighting severe safety lapses in underground operations.
Aliko Dangote has urged the federal government to convene a national retreat to address Nigeria's electricity challenges, warning that unstable power supply threatens manufacturing and job creation. He emphasized stronger protection for local industries.
Zenith Bank Plc has issued a strong public warning about a fraudulent AI-generated video falsely showing Chairman Jim Ovia promoting an investment scheme. The bank disowned the manipulated clip and urged Nigerians to disregard it.
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The Federal Government has introduced a new financing initiative offering youth-led MSMEs loans up to N5 million at single-digit interest rates, in partnership with GIZ and Jaiz Bank.
