Asian Markets Drop on Tech Worries, Nvidia in Focus
Asian stocks followed Wall Street lower amid concerns over AI tech valuations. All eyes are on Nvidia's earnings and key US jobs data this week. Read more for the full market analysis.
Category : Business
700 Million Africans Face Food Insecurity - Red Cross
Red Cross warns over 700 million Africans face food insecurity. New Zero Hunger Initiative launched in Abuja aims to combat hunger through community-led solutions. Join the fight against hunger.
FG suspends NIHOTOUR activities, reviews tourism rules
Federal Government halts NIHOTOUR enforcement nationwide pending regulatory review. Minister Hannatu Musawa acts on industry complaints about heavy-handed operations. Full details on the tourism sector shake-up.
Zenith Bank to Acquire Paramount Bank in Kenya
Zenith Bank Plc is set to enter the Kenyan market by acquiring Paramount Bank, marking a strategic step in its pan-African expansion. The deal awaits regulatory approval from Nigerian and Kenyan authorities.
Tinubu Warns Fragmented Markets Threaten African Trade
President Tinubu reaffirms Nigeria's commitment to efficient African borders that facilitate trade. Learn how AfCFTA reforms aim to boost intra-African commerce by 2030.
Ebonyi ranks lowest in 2025 FAAC payouts
Ebonyi State received the lowest FAAC allocation of ₦112.19B between January-August 2025, highlighting Nigeria's revenue imbalance. Discover the states that got the most and least.
Africa Receives Only 2.3% of $2.4trn Clean Energy Funds
Global renewable investment hits $2.4 trillion but sub-Saharan Africa gets only $18 billion, raising concerns about energy transition inequality. Nigeria and oil-dependent economies face urgent need to adapt.
Ukraine-Greece Energy Deal Boosts US LNG Imports
Ukraine secures vital US LNG imports through Greece's Trans-Balkan pipeline as EU plans Russian gas ban by 2027. Zelensky announces January deliveries amid ongoing energy security challenges.
Dangote Refinery Takes Credit for Petrol Price Cut
Dangote Petroleum Refinery asserts responsibility for recent petrol pump price reduction, citing gantry price cuts independent of government tariff reversal. Read full details.
Petrol Price Cut: NNPC Sells at N910 in Lagos
NNPC has reduced petrol prices across Nigeria, offering relief to motorists. Dangote Refinery clarifies the reason behind the price adjustment. Read for full details and state-by-state breakdown.
VDM and Mr Jollof to face law over plane fight - NCAA
NCAA confirms Martins Otse (VDM) and Freedom Atsepoyi (Mr Jollof) will face legal consequences for their physical altercation aboard Abuja-bound aircraft. Full investigation underway.
Inflation falls to 16.05% in October 2025
Nigeria's inflation rate drops to 16.05% in October 2025, marking the lowest level since 2017. Discover how food prices and policy changes are driving this positive trend.
France Reaffirms Commitment to Nigerian Businesses
French Consul General pledges deeper economic cooperation with Nigeria at Lagos business forum. Energy, agriculture, tech sectors identified for growth. Learn about upcoming partnerships.
AIHN Honors Resilient Nigerian Companies Amid Challenges
Association of Issuing Houses of Nigeria recognizes companies thriving despite economic headwinds. See award winners and market outlook for 2025.
Mutfwang Commissions 100kw Solar Grid in Plateau
Governor Caleb Mutfwang commissions 100kw solar mini-grid in Namu, Plateau State, marking major rural electrification milestone. Project funded by GEF and UNDP.
Tinubu: Fragmented African Markets Limit Prosperity
President Tinubu warns Africa's fragmented markets hinder industrial growth and global negotiation power. He reaffirms Nigeria's commitment to border modernization and AfCFTA success for continental trade.
Imo Secures 30.6 Hectares for Modular Refinery
Imo State government acquires 30.6 hectares in Nekede for Iheoma Marginal Field modular refinery project, promising job creation and economic boost for the region.
Nigeria's Inflation Falls to 16.05% in October
Nigeria's inflation rate declines to 16.05% in October 2025, marking seventh consecutive month of decrease. Food prices show moderation. Read latest economic update.
Opay USSD Codes Guide: All Banking Services via *955#
Learn how to use Opay USSD code *955# for banking without internet. Complete guide for transfers, balance checks, data purchase and account activation in Nigeria.
Delborough Lagos Appoints Ex-OPEC President to Board
Delborough Lagos strengthens leadership with appointment of former OPEC President Prof Emmanuel Ibe Kachikwu to board. Discover how this strategic move enhances Africa's luxury hospitality sector.
Local Refiners Demand Crude Price Regulation in Nigeria
Nigerian petroleum refiners urge government intervention on crude oil pricing and supply challenges. CORAN seeks regulatory protection to compete against importers.
Nigeria targets N160bn wheat production for 2025/2026
Federal Government aims for N160 billion wheat output in 2025/2026 dry season to boost food sovereignty. 80,000 farmers registered across 16 states.
VDM, Mr Jollof Face Punishment After Airport Fight
United Nigeria Airlines and NCAA react strongly to physical altercation involving VDM and Mr Jollof during boarding at Asaba Airport. Possible prosecution and blacklisting expected.
Emirates orders 65 Boeing 777X jets despite delays
Emirates places massive $38 billion order for 65 Boeing 777-9 aircraft at Dubai Airshow 2025, demonstrating confidence despite seven-year delivery delays. Read more.
NUEE Threatens National Blackout Over Staff Attack
Nigerian electricity workers threaten nationwide shutdown after police brutality in Imo State. Union demands immediate release of abducted staff and safety guarantees.
Nigeria's $14.23bn Sanitation Economy by 2030
Vice President Shettima urges accelerated action to tap Nigeria's $14.23 billion sanitation economy potential by 2030. Learn how this impacts public health and national development.
NCAA Probes VDM & Mr Jollof Aircraft Fight
Nigerian Civil Aviation Authority launches investigation into viral aircraft fight between celebrities Verydarkman and Mr Jollof. Safety concerns raised as authorities vow to apply full force of the law.
EU cuts 2026 eurozone growth forecast over trade tensions
The EU has revised its 2026 eurozone growth forecast down to 1.2% due to global trade tensions. Inflation is expected to fall below the ECB's target. Discover the full economic impact.
Sell Bitcoin to Naira in Seconds with Monica Cash
Monica Cash offers Nigerians instant Bitcoin to Naira conversion at competitive rates. Convert BTC securely, pay bills, and access virtual dollar cards all in one app. Join 500,000+ trusted users today!
Awareness Gap Blocks NGX Tech Listings, Report Reveals
New TLP Advisory report reveals 53% of Nigerian tech founders lack awareness about NGX listing process, while 77% face currency mismatch. Discover the solutions for local exits.
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