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NBC Launches 2026 Youth Empowered Program at UNILAG
Nigerian Bottling Company has commenced its 2026 Youth Empowered program at University of Lagos, continuing its commitment to youth development with skills training and business grants.
Category : Business
United Nigeria Airlines Acquires 11 Aircraft for Global Routes
United Nigeria Airlines announces acquisition of 11 new aircraft to launch long-haul flights including Lagos-New York, Dubai, and Johannesburg by 2026, expanding its fleet to 21 planes.
Naira Gains N70 as CBN Opens Dollar Tap for BDCs
The Nigerian naira strengthened by N70 against the US dollar in the parallel market after the Central Bank allowed BDCs to access $150,000 weekly from official sources.
Tinubu Commends BOI's N636bn Loans, Agriculture Leads
President Bola Tinubu has commended the Bank of Industry for disbursing N636 billion in loans in 2025, with agriculture receiving the largest share of N202 billion. The funding aims to boost productive capacity across sectors.
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Valentine's Day: Spend on Love While Saving Money in Nigeria
Learn how PalmPay's Spend & Save feature helps Nigerians balance Valentine's Day expenses with financial goals. Discover the #LoveWithPalmPay campaign with N800,000 prize pool.
Workers Protest NAFDAC Alcohol Ban Enforcement in Lagos
FOBTOB union members protested at NAFDAC's Lagos office, claiming federal directives to suspend sachet alcohol ban enforcement pending policy implementation, while NAFDAC denies receiving formal orders.
Nigeria's Fire Crisis: 70% Linked to Faulty Electrical Cables
Industry experts warn that substandard electrical cables and poor installation practices are responsible for 70% of fire outbreaks across Nigeria, calling for urgent coordinated action to prevent further disasters.
Goldman Sachs Counsel Resigns Over Epstein Links
Former White House counsel Kathryn Ruemmler resigns from Goldman Sachs after emails reveal extensive ties to Jeffrey Epstein, including gifts and disparaging remarks about Trump.
CBN Fines Banks N10m for Unaccredited Cheque Printers
The Central Bank of Nigeria has announced strict sanctions, including fines up to N10 million, for deposit money banks that use unaccredited cheque printers to enhance security and efficiency in the clearing system.
Nigerian Man, 31, Shares POS Earnings, Lives with Parents
A 31-year-old Nigerian man has opened up on social media about earning 500 naira daily as a POS attendant, living with his parents, and being in debt, sparking widespread reactions and encouragement online.
3-Day Power Outage in 5 States as Gas Maintenance Cuts 934MW
Nigeria's electricity generation will drop by 934.96MW during a three-day gas facility maintenance from February 12-15, 2026, affecting five states and potentially causing nationwide load shedding.
FG Opens FarmerMoni Portal for N300,000 Loans to Farmers
The Nigerian government has launched the GEEP FarmerMoni portal for 2025/2026, offering interest-free loans up to N300,000 to smallholder farmers to boost agriculture and food security nationwide.
FG Holds Back N300bn Solar Funds for Universities, Hospitals
The Nigerian federal government has failed to release the N300 billion budgeted in 2025 for solar power projects in universities and teaching hospitals, stalling implementation amid revenue shortfalls.
FG Opens Portal for Zero-Interest Loans Up to N300,000
The Federal Government has launched applications for interest-free loans up to N300,000 through MarketMoni, TraderMoni, and FarmerMoni programs targeting entrepreneurs and farmers nationwide.
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Traders Use Price & Volume to Understand Market Momentum
Market momentum is often misunderstood as speed, but it's better defined as persistence. Learn how traders combine price and volume data to identify sustainable trends and avoid common pitfalls in trading strategies.
Keyamo Orders Immediate Redeployment of Aviation Directors
The Federal Ministry of Aviation and Aerospace Development has approved the immediate redeployment of directors across four key aviation agencies, including NAMA, NCAA, NiMet, and NSIB. Minister Festus Keyamo and Permanent Secretary Yakubu Kofarmata signe
Maduka Regrets Missing Flutterwave Investment Chance
Coscharis Group founder Dr. Cosmas Maduka expresses regret for not investing in Flutterwave, praising its growth as proof of Nigerian entrepreneurial excellence.
Otedola: Naira Below N1,000/$ As Dangote Refinery Hits Full Capacity
Billionaire Femi Otedola projects the naira could appreciate below N1,000 per dollar by year-end, citing Dangote Refinery's full capacity production as key driver.
Ikeja Electric Warns of Power Cuts Over ID Deadline
Ikeja Electric customers face possible electricity disruptions if they fail to submit TIN, NIN, or CAC numbers by February 20, 2026, under Nigeria's new tax law requirements.
Fresh Cooking Gas Prices Released Nationwide by Major Marketers
Major oil marketers and depot owners have announced updated liquefied petroleum gas (LPG) prices across Nigeria, with rates varying by location and supplier. The adjustments come amid improved naira stability and increased local production meeting 87% of
Nigerian Man Uses Solar, Lithium Battery for Constant Power
A Nigerian crypto specialist shares his experience with a solar setup featuring a 15kWh Cworth lithium battery, powering two ACs and eliminating reliance on the national grid.
Free Oil & Gas Training for 10,000 Nigerian Youths Launched
The Nigerian Content Development and Monitoring Board has initiated a comprehensive training program to equip 10,000 youths with technical skills for employment in Nigeria's oil and gas industry.
CBN Allows BDCs to Buy Dollars from Official Market to Boost Liquidity
The Central Bank of Nigeria has authorized licensed bureaux de change to purchase up to $150,000 weekly from official sources, aiming to narrow the gap between official and parallel market rates and improve retail dollar access.
CBN Bans Money Bouquets as Naira Abuse Before Valentine's
The Central Bank of Nigeria has classified money bouquets as a form of naira abuse, warning offenders face prison or fines. This crackdown comes just before Valentine's Day celebrations.
GOP Lawmakers Defy Trump on Canada Tariffs
In a rare rebuke, six House Republicans joined Democrats to pass a measure targeting Trump's tariffs on Canada, signaling growing GOP unease with his trade policies despite presidential veto threats.
NDIC Uses New Act to Recover N1.5trn from Failed Banks
The Nigeria Deposit Insurance Corporation is intensifying efforts to recover approximately N1.5 trillion in debts and assets from nearly 150 failed financial institutions using enhanced legal provisions under the NDIC Act 2023.
Top 10 Nigerian States with Highest Foreign Debt in 2025
Nigerian states paid N455.38bn in foreign debt service in 2025, a 25.77% increase from 2024. Lagos leads with N92.80bn, as top 10 states account for 69% of repayments, raising fiscal concerns.
Flutterwave's 10th Anniversary Gala Attracts Top Figures
Former presidents, governors, and entertainment stars gathered in Lagos to celebrate Flutterwave's decade of operations, highlighting the fintech company's impact on Africa's digital payment landscape.
Naira Gains for Third Week After CBN BDC Policy Change
The Nigerian Naira appreciated against the US dollar, pound sterling, and euro in the official market, marking a third weekly gain following the CBN's decision to permit BDCs to buy dollars from banks.
Aso Villa Switches to Solar Power, Ditches National Grid
Nigeria's Presidential Villa completes solar power project, plans full transition from national grid by March 2026 to reduce costs and address billing irregularities.
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