The Ibadan Electricity Distribution Company has announced power outages affecting multiple communities in Osun State due to heavy rainfall, technical faults, and maintenance work, with restoration efforts ongoing.
An event planner and space designer, Ngozi Igbo, has publicly shared a message from a male worker she employs, criticizing his unprofessional remark on her personal video.
Food prices in Nigeria have skyrocketed ahead of Eid al-Fitr, with rice reaching N61,000 per 50kg bag. Ramadan demand and rising logistics costs drive inflation, threatening household budgets nationwide.
A humanitarian foundation has provided essential food items to over 1,000 families in Niger State ahead of Eid Al-Fitri, aiming to ease economic pressures during the festive season.
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Solad Power Group sells its first International Renewable Energy Certificates, marking a key step in Nigeria's clean energy transition and aligning with a national framework projected to generate $3 billion annually by 2030.
Dangote Refinery has increased its cooking gas price to N800/kg, with depot owners charging even higher rates. Analysts link this to rising global crude oil prices and Middle East tensions affecting supply chains.
The Nigerian naira depreciated to N1,353 per dollar in the official window amid rising foreign exchange demand, while external reserves fell slightly to $49.83 billion. Global oil prices surged due to Middle East tensions.
The Nigerian Shippers' Council has urged freight forwarders to engage in dialogue over tariff disputes with MSC, warning that industrial actions could harm the economy. Protests continue despite calls for talks.
Nigeria's downstream oil sector sees a N94.53 per litre price gap favoring imports, with 249,000 metric tonnes of fuel recently arriving. Retail prices remain high, sparking debate over import policies and local refining capacity.
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The Nigerian Airspace Management Agency has deployed a mobile control tower at Murtala Muhammed International Airport, enhancing safety and operations after a fire damaged facilities.
QNET Nigeria highlights the critical need for transparent communication between companies and consumers to combat misinformation and ensure product safety during a Lagos consumer rights event.
Ethiopian Airlines announces the resumption of its direct passenger service between Addis Ababa and Atlanta, restarting on May 21 after a temporary suspension in February.
NOVA Bank Limited has appointed Jude Anele as its Managing Director and CEO, following CBN approval. With over 33 years of banking experience, Anele will lead the bank's growth strategy post-recapitalisation.
German experts at the WACEE conference in Lagos called for a policy shift to transform West Africa's green energy into sustainable livelihoods and investable assets, emphasizing reliable renewable sources and stable regulatory frameworks to attract global
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Former Ogun State governors Gbenga Daniel and Olusegun Osoba commended Champion Newspapers Limited for its resilience amid Nigeria's economic challenges at its annual awards in Lagos, honoring over 50 individuals and organizations for excellence.
The Bank of Industry and MTN Nigeria Foundation have unveiled a N1 billion partnership fund to support women-led businesses across Nigeria through the Y’ellopreneur 3.0 programme, providing equipment financing and training for 200 female entrepreneurs.
The Courier and Logistics Services Staff Association of Nigeria calls for regulatory reforms and palliatives to address escalating fuel prices impacting operational costs and supply chains.
Nigeria's current account surplus fell sharply by 26% to $14.04 billion in 2025, driven by declining oil exports and rising imports, as the Central Bank of Nigeria reports ongoing pressures on external accounts.
Deap Capital Management & Trust Plc has announced a N3 billion strategic investment plan and conversion of N2.03 billion debt to equity to strengthen its financial position and drive sustainable growth.
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The Central Bank of Nigeria has issued new guidelines requiring banks, mobile money operators, and other financial institutions to deploy automated anti-money laundering systems to enhance financial crime detection and compliance.
A new S&P Global report projects African nations will borrow $155 billion in 2026, pushing total sovereign commercial debt above $1.2 trillion, driven by refinancing needs and fiscal demands.
SITA introduces Bag Radar, a cloud-based AI analytics tool that predicts and prevents baggage mishandling at airports like MMIA, enhancing efficiency and passenger satisfaction.
Smartcomply, an Africa-focused compliance tech firm, announced its AI-powered Adhere platform aligns with the Central Bank of Nigeria's new baseline standards for automated anti-money laundering solutions, offering financial institutions a faster complian
The Shipping Association of Nigeria justifies increased maritime service charges as a cost-recovery measure, while freight forwarders protest the hike, warning of higher cargo clearance costs and inflation.
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United Bank for Africa and the Nigerians in Diaspora Commission reinforce their collaboration to enhance diaspora-driven investments, leveraging UBA's new banking platform for wealth creation and economic growth in Nigeria.
MTN Nigeria has invested $1 billion in 2025 to boost broadband penetration above 70%, deploying over 2,850 new sites and focusing on hybrid connectivity solutions for rural areas.
Delta State Governor Sheriff Oborevwori has announced a detailed plan to resolve persistent power issues, including infrastructure upgrades and policy reforms to boost supply and economic growth.
A new report reveals Africa's external debt exceeding $1 trillion is forcing governments to prioritize fossil fuel extraction over health and education, disproportionately impacting women and vulnerable communities.
Nigeria has signed a $496 million dairy investment deal with UK-based Asset Green Ltd to enhance food security, reduce imports, and modernize agriculture. The project includes climate-smart farming and a processing facility.
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Energy analyst Samuel Caulcrick explains how the Nigerian Independent System Operator (NISO) will reform the power sector by unbundling TCN, improving grid stability, and addressing demand-side challenges.
