The Federal Government has raised N501 billion through bonds to settle historic electricity sector debts, aiming to restore investor confidence and improve power supply for over 12 million customers.
Beauty entrepreneur Laura Ikeji Kanu has publicly decried the alarming increase in rental costs in Lagos, warning that many businesses are closing quietly. In a video appeal to Governor Sanwo-Olu, she highlights how annual rents now match former house pur
The Nigerian National Petroleum Company Limited has increased petrol prices in Lagos and Abuja, with prices now at N835 and N839 per litre respectively. This follows Dangote Refinery's recent price adjustment amid rising global crude oil costs.
Nigerian workers report increased take-home pay in January 2026 as new tax reforms reduce PAYE deductions. Presidential committee confirms early benefits.
At World Economic Forum, Christopher Aleo of iSwiss Pay advocates for fintech, clean energy investments and Europe-Africa partnership to unlock Africa's economic potential.
Nigeria's national electricity grid collapsed three times in January 2026, with distribution companies citing insufficient power generation as the primary cause.
Amazon announces expansion of workforce reductions to 16,000 positions globally as part of restructuring to streamline operations amid economic challenges.
The Central Bank of Nigeria has authorized a two-month grace period for importers to use expired NAFDAC licenses in processing Form M applications due to system migration challenges.
The Nigerian naira strengthened to a record high of ₦1,400 to the US dollar in official trading, continuing an appreciation trend driven by CBN reforms and improved forex liquidity.
NISO identifies voltage fault at Gombe transmission substation as cause of Tuesday's national grid disturbance, clarifying it was a partial collapse, not total, with restoration completed within hours.
The International Air Transport Association reveals airlines face severe financial pressure as $1.2 billion in ticket revenues remain trapped globally due to foreign exchange restrictions.
Ajit Pawar, deputy chief minister of Maharashtra state, perished in a plane crash near Baramati along with four others. The aircraft from Mumbai crash-landed in a field, with investigations ongoing.
Taraba State Governor Agbu Kefas partners with World Bank's L-PRES Project to fully automate Jalingo Ultra-Modern Abattoir, aiming to boost hygiene, capacity, and economic growth in Nigeria's North-East.
Lagos State Internal Revenue Service Chairman Ayodele Subair clarifies that the agency's power to recover unpaid taxes through third parties is a legal, court-backed process for recalcitrant defaulters, not arbitrary account seizures.
A private jet crash near Baramati, India, has killed Maharashtra Deputy Chief Minister Ajit Pawar and four others, including pilots and security staff, sparking national mourning.
Nigeria's foreign exchange reserves surge to $46.012 billion, the highest level since 2018, driven by petroleum reforms and increased crude production, offering optimism for the naira's stability.
Rachel Green, 44, passed away on a Delta flight from Minnesota to London. Coroner cites heart condition and prescription drug combination as likely causes of death.
The landing cost of imported petrol has dropped below Dangote Refinery's gantry price, sparking debates on market competition and pricing dynamics in Nigeria's energy sector.
Nigeria's naira appreciates sharply to ₦1,401.22 per dollar in official market, marking strongest performance since FX reforms. Rising external reserves boost confidence amid global oil price concerns.
Following Dangote Refinery's N96 increase in petrol ex-depot price, oil marketers nationwide have adjusted pump prices to between N839 and N900 per litre. The refinery cited temporary festive price support ending and assured steady supply of 50 million li
The Nigerian stock market closed bullish on Tuesday with the All-Share Index rising 0.12% to 165,713.82 points. Market capitalization increased by N125.65 billion to N106.09 trillion amid positive sentiment.
A Nigerian woman's decision to bring her pet dog to work sparked a viral confrontation with her HR manager, igniting online debates about workplace professionalism and pet policies.
Lagos State government announces new tax recovery method using third parties under Power of Substitution law. Banks, employers, tenants may be compelled to pay defaulters' taxes.
The Nigerian federal government has allocated N30.34 billion in the 2026 budget for solar mini-grids and inverters to power government facilities, schools, and communities amid grid instability.
Rayyan Microfinance Bank has unveiled a N2 billion non-interest intervention package targeting MSMEs in Borno State, with special focus on women entrepreneurs and clean energy projects to revive the local economy.
A scientist who sued her employer for not inviting her to a Christmas party while on sick leave has lost her discrimination claim at an employment tribunal in Scotland.
The Nigerian Naira appreciated in official foreign exchange markets while depreciating in the black market to N1490/$. Analysts predict continued stability amid rising external reserves.
A Nigerian content creator sparked online debate after sharing YouTube earnings showing significant tax deduction, initially blaming the Nigerian government before realizing it was US tax withholding.
MultiChoice announces fresh price reductions on DStv decoders, enhances entry-level packages with more channels, and introduces shared payment feature to retain subscribers amid streaming competition.
A Nigerian woman's viral video about a beeping sound from her solar setup with four tubular batteries has ignited discussions about battery types and energy management during frequent national grid failures.