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.
Category : Business
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.
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.
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.
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.
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.
WBD Supports Netflix Deal, Reopens Paramount Talks
Warner Bros. Discovery reaffirms its Netflix merger agreement while temporarily reopening discussions with Paramount Global for a potential competing bid, urging shareholders to approve the Netflix deal.
Naira Hits Two-Year High as Dollar Crashes by N83
The Nigerian naira appreciated to N1,347.78 per dollar at the official market, its highest level in two years, with the dollar crashing by over N83 since January. The Central Bank's expected BDC guidelines and improved liquidity are driving the gains.
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Peak Milk Ramadan Campaign: 'Journey to Iftar' Bus in Lagos
Peak Milk from FrieslandCampina WAMCO Nigeria Plc celebrates Ramadan with a nationwide campaign focused on sharing and nourishment. The highlight is a branded bus in Lagos offering fasting Muslims a memorable ride culminating in communal Iftar.
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Three Crowns Milk Ramadan Campaign Promotes Healthy Nourishment
Three Crowns Milk from FrieslandCampina WAMCO Nigeria Plc has launched its 'Get Nourished This Treasured Month' campaign for Ramadan, focusing on healthy nutrition, community engagement, and family traditions through on-ground activities and digital story
Raheem Okoya: Not Just Spending Dad's Money, Says Billionaire's Son
Raheem Okoya, son of industrialist Razaq Okoya, refutes claims his lifestyle is funded solely by his father's fortune. He reveals his salary, music investors, and decade-long preparation for his executive role at Eleganza Industries.
Nigeria's Telecom Infrastructure Ready for Election Transmission - Telcos
ALTON Chairman Engr. Gbenga Adebayo states Nigeria has adequate telecom infrastructure for real-time electronic transmission of election results, countering Senate claims of inadequacy.
Rabiu Becomes Africa's Fourth Richest, Dangote Nears $32 Billion
Nigerian industrialist Abdulsamad Rabiu overtakes Egyptian magnate Naguib Sawiris to become Africa's fourth richest with $11.3 billion net worth, while Aliko Dangote approaches $32 billion, highlighting Nigeria's growing industrial influence.
Dangote Signs $400M Deal to Expand Refinery to 1.4M Barrels Daily
Dangote Group has signed a $400 million construction equipment agreement with China's XCMG to support the expansion of its refinery from 650,000 to 1.4 million barrels per day, with polypropylene and urea production also set to increase significantly.
Nigeria Commits Ships, Helicopters for Gulf of Guinea Task Force
Nigeria has committed to hosting the Combined Maritime Task Force headquarters for the Gulf of Guinea, pledging to provide offices, ships, helicopters, and personnel to enhance regional maritime security against piracy and trafficking.
CBN Joins ECOWAS to Fast-Track Eco Currency for 2027 Launch
The Central Bank of Nigeria collaborates with West African central banks to advance the Eco single currency project, targeting a 2027 launch with strict economic criteria for member nations.
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