Pastor Adefarasin: Counting in Naira Means You Are Poor
House on the Rock Pastor Paul Adefarasin sparks debate after saying Nigerians who count their wealth in naira are poor due to currency devaluation.
Category : Business
2026 Hajj Commences with 1.5 Million Pilgrims in Mecca
Over 1.5 million pilgrims arrived in Mecca for the 2026 Hajj, performing Tawaf and heading to Mina amid heightened security due to regional tensions.
Dangote Refinery Suit: AGF Leads Defence, NNPC Warns of Risks
The Federal Government, led by the AGF, defends against Dangote Refinery's suit to halt fuel import licences, with NNPC warning of energy security risks.
Nigeria GDP Grows 3.89% in Q1 2026, Agriculture Leads
Nigeria's GDP grew 3.89% in Q1 2026, up from 3.13% a year earlier. Agriculture rebounded sharply with 3.15% growth, signaling economic stabilization.
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DSO to Unlock N605b Advertising Market, Boost Economy
NBC says Nigeria's Digital Switch-Over will unlock a N605.2 billion advertising market, expand TV access, and boost the creative economy with a new strategy.
Big Tech, AI firms earn up to $160,000 from users' data
New research from Web3 Foundation reveals Big Tech and AI companies can earn up to $160,000 in commercial value from a single user's lifetime data, with global value reaching $745 trillion.
Digital switchover to unlock N605bn economy, $1bn spectrum
The Federal Government says Nigeria's Digital Switch-Over programme will unlock N605 billion in advertising revenue and generate over $1 billion from spectrum auctions.
Nigeria GDP Growth Slows to 3.89% in Q1 2026
Nigeria's GDP grew 3.89% in Q1 2026, down from 4.07% in Q4 2025 but up from 3.13% in Q1 2025, according to NBS data.
Africa Builds Payment Systems to Cut Dollar Dependency
African financial institutions and regional blocs are developing payment systems to reduce reliance on the US dollar for intra-African trade, aiming to lower costs and improve efficiency.
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Cooking Gas Price Hike Deepens Woes for Nigerian Households
Cooking gas prices rise again in Nigeria, with a 12.5kg cylinder now costing over N18,000. Experts warn of more increases, pushing families toward alternatives.
How to Find an Online Casino in Nigeria That Fits You
Discover how to choose the best online casino in Nigeria. Compare games, payments, bonuses, and mobile experience for a safe and fun gambling experience.
Nigeria Third-Largest World Bank Borrower with $18.5bn
Nigeria remains the World Bank's third-largest borrower with $18.5 billion in IDA debt, as fresh loans are sought for power, agriculture, and digital reforms amid rising fiscal pressures.
Growtech West Africa 2027 Launch in Lagos at Defining Moment
Growtech West Africa 2027 launches in Lagos from 26-28 January 2027, connecting global agri-innovation with West Africa's rapidly growing food economy projected to exceed $480 billion by 2030.
$100 Google Play Card to Naira: Best Rates 2026
Find the best rates for converting your $100 Google Play gift card to Naira. USA cards pay up to ₦106,000 on ApexPay. Compare rates by country and trade instantly.
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CBN Won't Return to Market-Distorting Interventions
CBN Governor Olayemi Cardoso warns against renewed pressure for intervention programmes, emphasizing orthodox monetary policy and transparency.
NCAA suspends no pay no service policy for airlines
The Nigeria Civil Aviation Authority has suspended its 'no pay, no service' directive against domestic airlines owing statutory charges, following consultations and concerns over high operational costs.
Dangote Refinery IPO: Wall Street-Size Listing for African Investors
Dangote Refinery plans a historic IPO up to $5 billion, opening ownership to everyday Africans, reshaping capital markets, and democratizing wealth creation.
FCCPC Suspends Digital Lending Rules, Telcos Resume Loans
FCCPC halts enforcement of 2025 digital lending regulations after court order, allowing MTN, Airtel, and others to resume airtime and data lending services for millions of Nigerians.
Lagos Hosts WHX 2026 with Global Healthcare Leaders
WHX 2026 opens June 2 in Lagos, gathering over 8,000 visitors, 500 exhibitors from 40+ countries, and 30 speakers to boost healthcare trade and digitization in West Africa.
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Cheaper Petrol Hope as Strait of Hormuz Talks Advance
Global crude prices fall over 5% on optimism over Strait of Hormuz reopening, raising hopes of cheaper petrol in Nigeria. Depot prices vary across regions.
Otti launches ₦1.3bn water projects in Abia
Abia Governor Alex Otti flags off ₦1.3 billion rehabilitation of Ubakala and Ariaria water schemes, aiming to provide clean water to thousands of residents.
Instant Phone Repair Approvals Now Available in Nigeria
Cube Cover and SLOT Systems launch Super Fix for smartphone protection in Nigeria, offering instant repair approvals and affordable plans starting from ₦5,000 annually.
NBS to Release Q1 GDP, Capital Importation Reports
NBS set to publish Q1 2026 GDP and capital importation data, while AfDB annual meetings begin. Dangote plans $2bn refinery fundraising, NCAA sanctions airlines, NCC reviews telecom policy.
Cooking Gas Price Hits N2,000/kg Amid Depot Scarcity
Nigerian households face soaring LPG prices as depot scarcity pushes retail cost to N2,000/kg. Experts urge government intervention to ease the burden.
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NCAA Suspends No Pay, No Service Over N12bn Airline Debts
The Nigerian Civil Aviation Authority has suspended its 'No Pay, No Service' directive for 11 airlines owing N12 billion in statutory charges, citing fuel costs and industry stability.
Paystack Founders: Shola Akinlade and Ezra Olubi Biography
Discover the inspiring journey of Paystack founders Shola Akinlade and Ezra Olubi, Nigerian entrepreneurs who sold their fintech startup to Stripe for $200 million.
NTTF President Seeks Customs Duty Waivers for Sports Gear
Dr Adesoji Tayo, NTTF president, calls on the federal government to grant sports federations concessions to clear imported equipment without paying customs duties, citing high costs hindering athlete training and performance.
Nigeria Power Crisis to Persist Without Grid Reforms: Don
Prof. Peter Olabisi Oluseyi warns Nigeria's electricity shortages are now an economic threat, urging decentralised systems and grid reforms to end the crisis.
WUF13 Delegates Urge Stronger Global Action on Housing Crisis
Delegates from 176 countries at WUF13 in Baku call for renewed action to address the global housing crisis, emphasizing integrated solutions and climate resilience.
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PAC Research Proposes Incremental Housing, Finance Boost
PAC Research reports recommend incremental housing models, deeper finance penetration, and PPPs to address Nigeria's housing deficit, highlighting trillion-naira investment opportunities.
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