Nigerian Car Dealers Turn to Electric Vehicles
Nigerian car dealers report a sharp drop in petrol car sales. The industry is now exploring electric and gas-powered vehicles as the future, despite infrastructure challenges. Read more.
Category : Business
NGX Opens Week Bullish as ASI Rises 0.58%
The Nigerian stock market started the week positively, with the All-Share Index gaining 0.58% and market capitalisation increasing by N744.99 billion. Discover the top gainers and trading activity details.
Customs Introduces New Rules for Courier Companies
The Nigeria Customs Service has launched a new Standard Operating Procedure for courier firms using Delivered Duty Paid. Learn the key requirements and compliance steps.
Nokia Phones Ordered in 2010 Finally Delivered After 16 Years
A Libyan phone dealer finally receives a shipment of Nokia phones ordered in 2010, after 16 years of delay caused by civil war and logistics collapse. Read the full story.
60 CBN recruits stranded 28 months after job offer
60 newly hired Central Bank of Nigeria staff face hardship after resigning for jobs they never started. They appeal to CBN Governor & President Tinubu for help. #CBN #Employment
Freight Agents Shut Down MSC Apapa Over New Charges
Freight forwarders in Lagos ports have shut down Mediterranean Shipping Company's Apapa office, protesting a new charge hike. They warn of rising import costs and consumer inflation. Read the full story.
Nigerian Doctor in Germany Lists Benefits of Paying 42% Tax
A Nigerian doctor in Germany highlights benefits like unemployment aid and child support after paying taxes, sparking debate on Nigeria's tax reforms. What do Nigerians get?
OGFTZ Fire: No Casualties, Investigation Ongoing
A fire at Good Mattress FZE in Ogun-Guangdong Free Trade Zone was contained with no lives lost. Management commends emergency response. Investigation into cause continues.
Osun empowers 2000 with PoS terminals, grants
Osun State Government has empowered 2000 women and youths with PoS terminals, CAC certificates, and grants to boost entrepreneurship and financial independence. Read more about this historic initiative.
Iran Currency Collapses, Naira Exchange Rate Hits Record
Iran's rial hits historic low amid protests and 42% inflation. The Nigerian naira now trades at N1 to 698.55 Iranian Rial. Read the full analysis of the crisis and its global implications.
PETROAN Urges FG to Revive Refineries by Q1 2026
PETROAN advises the Federal Government to focus on rehabilitating Nigeria's refineries to cut fuel prices and boost the economy. Read the full analysis and political implications.
Heineken CEO Resigns Amid Struggles to Boost Beer Sales
Heineken CEO Dolf van den Brink steps down unexpectedly. His tenure saw pandemic, inflation, and market volatility. Discover the future of the global brewer.
Naira Gap Widens: Official Rate Gains, Parallel Market Weakens
Nigeria's naira shows a split performance as the official rate gains to ₦1,423.17 per dollar while the parallel market weakens to ₦1,480. Discover the causes and implications of the widening exchange rate gap.
45 Countries Nigerians Can Visit Visa-Free
Nigerian passport holders can now enter 45 countries without a pre-arranged visa, boosting travel freedom. See the full list and latest updates.
Davido's Sister Sharon Adeleke Reflects on Business Pressure
Sharon Adeleke, CEO of Ronawigs, opens up about the pressure of privilege, revealing that access to funds doesn't guarantee success. Read her candid lessons on strategy, team, and accountability.
Standard Chartered 2026 Paid Internship for Nigerians
Standard Chartered Bank launches its 2026 Internship Programme for Nigerian students and graduates. Gain paid, hands-on global banking experience and a pathway to a finance career. Apply now!
22 Banks Secure Licences as CBN Recapitalisation Nears
With weeks to the March 31, 2026 deadline, 22 of Nigeria's 34 banks have met the CBN's new capital requirements. Discover which banks are safe and how mergers are reshaping the industry for stability and growth.
EKEDC Downgrades Lagos Feeders from Band A to E
EKEDC has downgraded seven Lagos feeders, moving some customers from Band A to Band E and slashing daily power supply to as low as four hours. Discover the affected areas and the public outcry.
)
Access Bank, Visa Launch Corporate Card for Nigerian Firms
Access Bank partners with Visa to launch a new Corporate Credit Card for medium & large Nigerian businesses. It offers a 45-day interest-free period and digitizes expense tracking via the Visa Spend Clarity platform.
NNPC Reduces Diesel Price in Abuja, Lagos, Other States
NNPC slashes diesel prices in Abuja, Lagos & other states, offering cost relief. Get the latest rates & NBS data on regional price variations across Nigeria.
NDIC Releases N24.3bn Second Dividend for Heritage Bank
The NDIC has announced a second liquidation dividend of N24.3 billion for Heritage Bank depositors with balances over N5 million. Learn about the payout rate and future recovery prospects.
Fuel Price War Deepens as Marketers Undercut Dangote
A fierce petrol price war is reshaping Nigeria's fuel market as independent marketers slash prices below Dangote's N739 rate. Discover how this battle for customers is impacting motorists and the industry's future.
Fidelity Bank Meets CBN's N500bn Capital Requirement
Fidelity Bank Plc has successfully raised its capital base to N564.5bn, crossing the CBN's N500bn threshold for international banks. Discover how the recapitalisation race is reshaping Nigeria's banking sector with the March 2026 deadline looming.
18 Insurers Ready for NAICOM Capital Verification
Only 18 out of over 50 insurers are ready for NAICOM's capital verification ahead of the July 30 deadline. The exercise aims to strengthen the sector and boost claims payment. Read more.
NDIC Declares N24.3bn Heritage Bank Liquidation Dividend
The NDIC announces a second liquidation dividend of N24.3bn for Heritage Bank depositors with balances above N5m. Learn how to claim your funds and what it means for the liquidation process.
Nigeria's New Tax Laws: Reality Check on Corruption & Trust
Nigeria's historic tax reforms replace colonial-era laws, but public trust is undermined by deep-rooted corruption and fears of fund mismanagement. Can Tinubu's government convince citizens?
Nigerian States Groan Under Relentless Fibre Cut Attacks
New NCC data exposes a severe fibre cut crisis, with over 19,000 incidents in 8 months. Telecoms lose N27bn, disrupting banking, healthcare & security nationwide. Read the full report.
Lagos Electric Ferries, FG Bans Wooden Boats
Lagos plans electric ferries to cut fares, while the Federal Government urges a ban on unsafe wooden boats after tragic accidents. Read the latest on Nigeria's water transport safety.
Nigeria Luxury Property Market Growth Forecast for 2026
Nigeria's luxury real estate is projected for steady growth in 2026, fueled by diaspora inflows and wealth concentration. Discover key trends in Lagos and Abuja.
Tax Misinterpretation Fuels Price Hikes in Nigeria
Nigeria's new tax reforms trigger market chaos as traders exploit confusion, imposing arbitrary price increases. Experts warn of gaps and unintended consequences. Read the full analysis.
Page 353 of 452