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.
Category : Business
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.
Prudential Zenith Life Celebrates Sales Excellence, Charts 2026 Outlook
Prudential Zenith Life Insurance celebrated its top sales performers at a gala night themed 'Driven'. The event on January 9, 2026, recognised Emerald, Diamond, and MDRT achievers, awarding them international trips. MD Funmi Omo highlighted the company's
Sir Steve Omojafor at 80: A Life in Journalism and Advertising
Sir Steve Omojafor, founder of STB-Macainn, reflects on his 80-year journey, from Daily Times reporter to advertising pioneer, sharing timeless lessons on success and contentment.
New Platform Helps Nigerian Farmers Comply with EU Deforestation Law
Agrolinking unveils AgTrail, a digital traceability platform to help Nigerian farmers and exporters meet strict EU deforestation regulations, safeguarding vital export earnings.
SEC Sets New N7bn, N2bn Capital Thresholds for Market Operators
Nigeria's SEC has significantly increased minimum capital requirements for capital market operators, including issuing houses and trustees, with a June 2027 deadline. Learn the new thresholds and what it means for market stability.
Man Shares Agent's Rent List: 'Drink Fee' Causes Stir
A Nigerian man's quest to rent an apartment took a shocking turn when an agent sent a list including a 'drink fee'. See the full breakdown and public reactions.
Nigeria's Food Inflation Drops: See Top 10 Costly States
NBS data shows Nigeria's food inflation fell to 10.84% in Dec 2025. Discover the 10 states where food was most expensive and the items that saw price drops. #NigeriaEconomy
First Female NUPRC Chief Eyesan Drives Upstream Reforms
Chief Mrs. Oritsemeyiwa Eyesan makes history as the first woman to lead Nigeria's upstream oil regulator. Discover her strategic vision for boosting production, gas monetisation, and transparency to attract investment and secure Nigeria's energy future.
Businesswoman Nenye Uzowulu slams critics calling her illiterate
Nigerian entrepreneur Nenye Uzowulu responds to mockery about her lack of formal education by listing her global business achievements. She declares herself a 'productive illiterate' who cannot be shamed.
23 Nigerian Banks Successfully Recapitalise Ahead of CBN Deadline
Major Nigerian banks like FirstBank, UBA, and Access Bank have successfully met the CBN's N500bn capital requirement. See how this strengthens Nigeria's financial system and supports economic growth.
UN Warns of Famine in Northern Nigeria
The UN warns 55 million in West and Central Africa face acute food insecurity, with 15,000 in Borno, Nigeria, one step from famine. Violence and aid cuts are to blame. Urgent funding is needed.
SEC Hikes Minimum Capital for Market Operators
Nigeria's SEC has announced major capital increases for brokers, dealers, and digital asset firms, effective June 2027. Learn how this reform will reshape the market.
Naira Rallies to N1,418/$ in Official and Parallel Markets
The Nigerian Naira recorded significant gains against the US Dollar on January 15, 2026, closing at N1,419.28 officially. This rally, driven by improved forex supply and a positive 4.49% GDP forecast, signals growing economic confidence. Read the full ana
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