Nigerian Solar Expert's Electric Lifter Goes Viral
A Nigerian solar installer has sparked online buzz by showcasing an electric machine that effortlessly lifts 30kg solar panels to roofs, drawing praise and questions from viewers.
Category : Business
Nigeria Stock Market Soars 31% in 2026, Naira Rally Boosts Cap
Nigerian equities rank second globally for dollar returns in 2026, surging 31% as market capitalization climbs to $84 billion. The naira's 7% gain against the dollar fuels investor confidence and foreign participation.
X Users Debate Rising Cost of Living: Budgeting vs. Income
A viral X post sparks intense debate on Nigeria's economy, with users arguing whether budgeting can fix the cost-of-living crisis or if stagnant wages are the real issue, highlighting divergent views on consumer habits and financial realities.
Gas Leak at Illegal Mining Site in Plateau Kills 37
A suspected toxic gas leak at an illegal mining site in Plateau state has resulted in the deaths of 37 miners, with survivors hospitalized. The incident highlights safety concerns in unregulated mining operations.
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Nigeria Leads West Africa in Accelerated Eco Currency Push
West African leaders have intensified efforts to launch the long-delayed Eco regional currency, with Nigeria playing a central role in harmonizing monetary policies and meeting strict macroeconomic benchmarks for the ambitious 2027 target.
Naira Gains: Dollar Below N1,400 at Black Market, New Rates Set
The Nigerian naira has appreciated significantly, with the dollar exchange rate dropping below N1,400 at the black market. Traders announce new rates amid improved forex supply and rising external reserves.
Mshel Hutu Exclusive Real Estate Appreciates 35% in One Year
Mshel Hutu Exclusive, launched last year by Mshel Homes, has seen up to 35% appreciation due to its prime location and sustainable amenities like golf courses, a school, and a resort hotel. Investors are urged to act now to secure long-term returns.
Nigeria Loses N1.76tn Revenue from OPEC Quota Shortfall
Nigeria lost an estimated N1.76 trillion in potential crude oil revenue after failing to meet its OPEC production quota between January 2025 and January 2026, highlighting persistent structural challenges in the oil sector.
Dangote Daughters Appointed to Top Executive Positions
Aliko Dangote has appointed his daughters Halima, Fatima, and Mariya to key executive roles within the Dangote Group, as part of a leadership restructuring and succession plan aimed at driving expansion under Vision 2030.
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Dangote Predicts Naira at N1,000 per Dollar by 2026
Billionaire industrialist Aliko Dangote forecasts the Nigerian naira could appreciate to N1,000 against the US dollar by 2026, citing government economic reforms and import restrictions as key drivers.
Man Calls Out Employee for Alleged Fund Diversion
A businessman has publicly accused an employee of diverting company funds into her personal account and savings box, alleging this occurred while he struggled with business losses and loans.
TCN Maintenance at Niger Substation to Cause Brief Outages
The Transmission Company of Nigeria schedules maintenance at Zungeru Substation in Niger State on February 18-19, 2026, with brief power interruptions expected in Kontagora, Tegina, Yauri, and nearby communities.
Dangote Halts Sales as New N777 Depot Price Emerges in Talks
Dangote Refinery suspends gantry sales to negotiate with fuel importers and marketers as new depot pricing emerges around N777 per litre, aiming to stabilize Nigeria's fuel market through coordinated supply framework.
FAAN Ends All Cash Transactions at Airports by 2026
The Federal Airports Authority of Nigeria (FAAN) has announced a ban on all cash transactions across its nationwide airport operations, effective February 29, 2026, in compliance with the federal government's cashless policy.
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Ramadan 2026: Food Price Surge in Nigeria
Ahead of Ramadan, Nigerian markets see sharp increases in staple food prices like rice and beans, with some areas reporting doubled costs, while Lagos and Kano show relative stability.
GTBank Quick Airtime Loan Launches for N10,000 Limit
Guaranty Trust Bank introduces Quick Airtime Loan, offering up to N10,000 for instant airtime access, leveraging fintech collaboration with HabariPay to enhance Nigeria's financial ecosystem.
Agro Real Estate Rivals Commercial Real Estate in Returns
At AAREDS 2026, industry leaders highlighted structured agro real estate investments in crops like oil palm and cocoa as competitive alternatives to commercial real estate, emphasizing governance and institutional backing for long-term yields.
Eterna, Fuelmetrics Launch Self-Service Fuel Stations
Eterna Plc partners with Fuelmetrics Limited to deploy self-service fuel terminals across Nigeria, enabling digital payments and real-time tracking to enhance efficiency and transparency in fuel retailing.
Naira Gains as Banks Quote New Dollar Rate in Market Rally
The Nigerian naira appreciates to ₦1,335.95 per dollar, with external reserves rising to $47.8 billion, boosting market confidence and liquidity across official and parallel markets.
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10 Most Affordable Nigerian States as Inflation Drops
New NBS data shows Nigeria's inflation fell to 15.10% in January 2026, with Ebonyi, Katsina, and Imo among the top 10 most affordable states to live in based on lowest inflation rates.
Singapore Airlines First Class: $14,000 Luxury Flight Experience
A traveller paid nearly $14,000 for a first-class suite on Singapore Airlines, showcasing private rooms, spa-like bathrooms, and personalized service in a viral TikTok video.
Only 20% of Nigeria's Waste Managed, Engineers Raise Alarm
Environmental engineers in Nigeria have raised serious concerns that only 20% of the country's waste is properly managed, threatening public health and sustainability. The warning came during the inauguration of new NIEE leadership in Abuja.
Lady Criticizes N1 Million Apartment Rent in Lagos
A Nigerian lady posted a video expressing disappointment over a N1 million apartment for rent in Lagos State, highlighting housing affordability issues in urban areas.
Man's Dusty Daily Commute on Kasoa-Winneba Road Goes Viral
A Ghanaian man's TikTok video showing his daily struggle with excessive dust on the Kasoa to Winneba road has gone viral, sparking reactions about infrastructure and work conditions.
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20 Countries Where Nigerians Can Earn Highest Salaries in 2026
New data reveals the top 20 global destinations where Nigerian professionals can secure the highest net monthly salaries in 2026, with Switzerland leading at $7,692 monthly.
NRS Sets July 2026 Deadline for E-Invoicing System
The Nigeria Revenue Service has announced a phased rollout of its E-Invoicing and Electronic Fiscal System, with medium-sized businesses required to comply by July 1, 2026.
AfDB Grants Nigeria $200M Loan for Wheat, Rice Farmers
The African Development Bank has approved a $200 million loan to support Nigeria's agricultural sector, focusing on climate-smart farming and technology-driven initiatives to increase wheat and rice production.
Workers Protest at NAFDAC Over Sachet Alcohol Ban
Food and beverage sector workers staged protests at NAFDAC's Lagos office, warning that factory closures linked to the sachet alcohol ban threaten millions of jobs and worsen economic pressure.
Food Inflation Drop Raises Farmer Income Concerns in Nigeria
Nigeria's food inflation fell sharply to 8.89% in January 2026, but CPPE warns prolonged price declines could threaten farmer incomes and rural stability.
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Millionaire CEO and Family Killed in Colorado Plane Crash
Four victims, including a millionaire CEO, his son, nephew, and another CEO, died in a Colorado plane crash near Steamboat Springs. The NTSB and FAA are investigating the incident.
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