Julius Rone: Nigeria's Energy Man of the Moment
Julius Rone of UTM Offshore clinches New Telegraph & The Sun awards for pioneering Nigeria's first FLNG project, boosting gas exports and energy security. Discover his impact.
Category : Business
Petrol Prices Fall in Lagos, Calabar as Competition Grows
Nigerians see relief as depot owners slash petrol prices to ₦702 per litre. Increased competition and supply drive the drop, with more reductions expected. Read the full analysis.
Heirs Energies Doubles Oil Production to 50,000 BPD
Tony Elumelu's Heirs Energies has doubled crude oil production to over 50,000 barrels per day in five years, reviving 100 wells and boosting gas output. Discover how this achievement strengthens Nigeria's energy security.
ASO Savings & Loans Delisted, Shareholders Lose Investments
NGX delists ASO Savings and Loans Plc following CBN's licence revocation. Shareholders face total loss as regulatory crackdown intensifies. Full details inside.
Jerry Eze Unveils $300,000 Grant For Nigerian Youths
Pastor Jerry Eze has announced a $300,000 grant programme for 100 young Nigerian entrepreneurs in agriculture, tech, and manufacturing. Each gets $3,000. Apply now!
Naira Appreciates to N1,417.95/$ in Official Market
The Nigerian naira strengthened by 0.25% against the US dollar last week, closing at N1,417.95/$. Analysts attribute the gain to improved liquidity but warn of vulnerability to dollar inflows.
Why Diaspora Investors Are Losing Confidence in Nigeria
Winhomes CEO Stella Okengwu reveals how policy instability and property demolitions are discouraging Nigerians abroad from investing back home. Read her full account.
Lady Finds Apartment Occupied After Holiday, Landlord Denies Her
A Nigerian medical student in Otukpo is stranded after her landlord rented out her apartment while she was away. She shares her ordeal and seeks advice. Read the full story and see public reactions.
Plane Vanishes in Indonesia, 11 Feared Dead
An ATR 42-500 plane with 11 people onboard lost contact with air traffic control and is believed to have crashed in Indonesia. Rescue teams are searching the Leang-Leang area.
Air France Marks 80 Years in Nigeria with Exhibition
Air France celebrates 80 years of operations in Nigeria with a historic exhibition in Lagos. The event highlights decades of aviation, culture, and economic ties between Nigeria and France. Visit the showcase at Alliance Française until February 7, 2026.
Qatar Airways plane with 260 returns to Lagos after fault
A Qatar Airways flight from Lagos to Doha made an emergency return after a technical fault. All 260 passengers and crew evacuated safely. Full details on the aviation incident.
FG Inaugurates Team to Implement National IP Policy
The Federal Government has inaugurated a Technical Working Group to implement the new National Intellectual Property Policy and Strategy (NIPPS), aiming to boost innovation and economic growth.
Nigerian Banks Secure Licences Under New CBN Capital Rules
Discover which Nigerian banks have secured international and national licences under the CBN's new capital requirements. Stay informed on the banking sector's transformation.
N-HYPPADEC, Taraba Govt Strengthen Ties for Development
N-HYPPADEC seeks stronger partnership with Taraba State to tackle environmental and socio-economic challenges in power-producing communities. Governor Kefas pledges full support.
Naira Gains 0.5% to Close Week at N1,417 Per Dollar
The Nigerian Naira appreciated to N1,417.95 per dollar, buoyed by rising external reserves. Analysts cite improved FX transparency and policy credibility for the positive trend. Read more on the economic outlook.
Ikorodu Ferry Terminal Reopens January 19
The Lagos State Waterways Authority (LASWA) announces the reopening of Ikorodu Ferry Terminal on Monday, January 19, 2026, following successful clearance of water hyacinth. Ferry operators are directed to resume normal services.
Google Appeals US Search Monopoly Decision
Google files appeal against US court ruling that it holds an illegal online search monopoly. The tech giant argues the order to share data with rivals risks trade secrets.
Fintiri Backs Livestock Development in Adamawa
Governor Ahmadu Fintiri pledges support for livestock sector growth as a key economic driver during Minister Maiha's visit. Plans for national ranching policy advance.
Guardian's Dr Alexander Thomopulos Passes Away at 78
Dr Alexander Aristotelis Thomopulos, the technocrat who helped reposition The Guardian, has died at 78. A philanthropist and environmental pioneer, his legacy blends rigour with humanity. Read his remarkable story.
Oyedele: I can die for Nigeria as a tax reformer
Taiwo Oyedele, head of Nigeria's tax reform committee, declares readiness to sacrifice for fiscal reforms, detailing capital gains tax exemptions. Business leaders highlight persistent high costs and economic misalignment.
Nigeria's Emerald Forest Reserve Gains Key Biodiversity Status
Osun State's Emerald Forest Reserve earns global Key Biodiversity Area status, driven by IITA-led research confirming the endangered Ibadan Malimbe. A win for conservation.
Leasing Industry Targets Stronger Growth in 2026
Nigeria's leasing industry, with volumes exceeding N5 trillion, is set for stronger growth in 2026. Driven by economic stability and key reforms, it's a vital financing channel for businesses. Read more.
Nigerian Domestic Airfares Soar to N500,000
Nigerians are trapped as airfares hit N500,000 for one-hour flights. With unsafe roads, flying is a necessity, not a luxury. We analyze the crisis and demand government action.
NNPCL Boss: Company is Reliable Engine of Economic Growth
NNPCL GCEO Bayo Ojulari declares the state oil firm a reliable engine for Nigeria's economy, citing record production and key infrastructure milestones. Read his full vision for 2026.
Heirs Energies Doubles Oil Production to 50,000bpd
Heirs Energies reports doubling oil production to over 50,000bpd and boosting gas output, while acquiring a major stake in Seplat. See how Africapitalism drives Nigeria's energy security.
Farmers Demand Govt Subsidy for Solar Irrigation Systems
A new study reveals high awareness but low adoption of solar-powered irrigation among smallholder farmers in Kebbi. They are calling for government subsidies to boost food security and climate adaptation.
PalmPay's Purple December 2025: A Nigerian Festive Tradition
PalmPay's Purple December 2025 campaign evolved from simple giveaways into a shared digital experience for Nigerians, fostering community, celebrating savings goals, and embedding itself into the festive timeline. Discover the moments that defined it.
Lagos, LCCI Partner on World-Class Convention Centre
Lagos State partners with LCCI to develop a major convention centre near Alaro City, aiming to boost business, tourism, and solidify Lagos as Africa's top investment hub. Read more.
Expert: Digital Tools, SaaS Can Transform Nigeria's Energy
Schneider Electric's Elijah Daniel urges investment in IoT, analytics & SaaS to tackle Nigeria's strained grid. He says tech must align with policy for real progress. Read the full analysis.
Turkish Airlines Sponsors 2026 Open Golf Tournament
Turkish Airlines renews title sponsorship for the 2026 Turkish Airlines Open golf tournament in Antalya. CEO Bilal Ekşi emphasizes sport's role in unity and Türkiye's global tourism vision. Read more.
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