Naira Strengthens, Black Market Dollar at ₦1,478
The naira appreciates at NAFEM as black market traders adjust rates. CBN approves 82 BDCs, warns public to verify operators. Get the latest forex market analysis.
Category : Business
Fuel War Deepens as Dangote's N739 Price Hits Nationwide
Independent fuel marketers lament plummeting sales after Dangote Refinery slashes petrol price to N739 per litre at MRS stations nationwide. Discover the market shift and financial strain.
Navy rescues 20 from burning ship in Cross River
The Nigerian Navy saved 20 crew members after their vessel caught fire on the Calabar waterways. One crew member is missing as search operations continue. Read the full story.
NBA Calls for Suspension of Tax Law Implementation
The Nigerian Bar Association demands a suspension of new tax laws pending a probe into alleged alterations, citing threats to legislative integrity. Full details inside.
NCAA secures N1bn passenger refunds in 2025
Nigeria's NCAA facilitated over N1 billion in passenger refunds in 2025, marking its highest-ever volume. The authority credits stricter enforcement and 24/7 consumer support for the shift.
Navy Saves 20 from Burning Ship off Calabar
The Nigerian Navy rescued 20 crew members after their vessel, MV Chimba Express, caught fire on the Calabar waterways. One crew member remains missing as search efforts continue. Read the full report.
40 NGX Stocks Give Investors 100%+ Returns in 2025
A review of the Nigerian stock market in 2025 reveals 40 listed companies doubled investors' wealth, with 11 stocks soaring over 200%. Discover the top performers and the outlook for 2026.
Tax Reforms Chief Denies Bank Account Freeze Rumours
Taiwo Oyedele dismisses false claims that accounts without TIN will be frozen in 2026. Get the facts and avoid misinformation about Nigeria's tax reforms.
DMO Issues Fresh Warning to States Over Borrowing Rules
The Debt Management Office urges state governments to strictly comply with borrowing laws to avoid loan approval delays. Learn the key guidelines for responsible debt management.
NBA Calls for Investigation into Tax Law Discrepancies
The Nigerian Bar Association demands a transparent probe into alleged differences between the tax laws passed by NASS and those released to the public. Read the full story.
NNPC's Oleum Promo Returns: Win Up to ₦100 Million
NNPC Retail relaunches its Oleum Scratch & Win promo with bigger prizes, including ₦100 million cash, cars, and generators. Learn how to participate from Dec 20, 2025, to March 31, 2026.
New Fuel Taxes in 2026 to Raise Petrol, Diesel Prices
President Tinubu's government plans a 15% levy on imported petrol and diesel, plus a 5% fossil fuel surcharge from 2026. Experts warn of soaring costs for Nigerians. Full analysis inside.
Dangote Opens Hotline to Report Overpriced Petrol at MRS
Dangote Refinery launches a hotline for Nigerians to report MRS stations selling petrol above N739. The move aims to protect consumers and ensure price transparency amid a major market shift.
Firm Gifts Cars to Top-Performing Realtors in Enugu
Powell Homes and Shelters Ltd celebrated its top realtors by awarding brand-new cars at its year-end event in Enugu, hosted by Nollywood's Patience Ozokwor. Discover how the company motivates excellence.
Airport Clash: 'You're Not Nigerian' Claim Sparks Outrage
A heated argument erupted at Warri Airport after staff allegedly denied a lady's Nigerian nationality because she held a foreign passport. Watch the viral video and see the full story.
CBN Intervention Boosts Naira, Dollar Rate Improves
The Nigerian naira staged a strong recovery on Monday after the Central Bank sold $150 million to dealers. The official rate appreciated to ₦1,456.56 per dollar, easing short-term pressure. Read the full analysis.
Experts Back Tinubu, Pledge 2.3 Million Agricultural Jobs
Agricultural experts under EDUFACS pledge to create 2.3 million jobs, supporting President Tinubu's food security agenda. Learn how large-scale farming and youth training will boost Nigeria's economy.
Dangote: Don't Pay Over N739 for Petrol, Use Hotline
Aliko Dangote directs Nigerians to buy fuel at the new N739/litre price. His refinery launches a hotline to report overcharging stations and warns against artificial scarcity. Read more.
16 Banks Meet CBN Capital Target Ahead of 2026 Deadline
With 100 days left, Nigeria's banking sector races to meet CBN's recapitalisation deadline. ACAMB dismisses closure rumours as 16 banks already meet requirements. Read the latest updates.
Makinde Vows to Solve Herder-Farmer Clash in Oyo
Oyo State Governor Seyi Makinde commits to working with stakeholders for lasting peace between farmers and herders. Read about the summit and the state's anti-open grazing law.
US Q3 GDP Grows 3.2%, AI Investment Fuels Momentum
The US economy posted solid 3.2% growth in Q3 2025, driven by AI investment. The delayed data shows resilience despite labour market concerns and Fed rate cuts. Read more.
Sanwo-Olu Links Prosperity to Sound Governance
Lagos Governor Babajide Sanwo-Olu says strong boards and sound governance are critical for Nigeria's economic growth. Read his full speech at the CIoD awards.
NGX Adds N256bn in Festive Santa Claus Rally
The Nigerian stock market surged by N256 billion on Monday, with the All-Share Index rising to 152,459.07 points. Analysts see continued gains driven by strong fundamentals. Read the full market analysis.
₦1Bn Youth Entrepreneurship Drive: 13 Nigerians Get ₦250M+
Thinklab Group fulfills its ₦1bn pledge, investing over ₦250 million in 13 young Nigerian entrepreneurs via the Thinkpreneur programme. A strategic move for national development.
Lafarge Africa Unveils 'Beyond Buildings' Infrastructural Campaign
Lafarge Africa Plc premieres its 'Beyond Buildings' campaign, highlighting over six decades of contributions to Nigeria's infrastructure, job creation, and community development. Discover the legacy.
NIPRD Flags Nigeria's Reliance on One WHO Antimalarial
NIPRD warns Nigeria's reliance on a single WHO-prequalified antimalarial limits local manufacturing. The institute trains pharma firms to tap into the $161m global market, urging tax reliefs and incentives.
NBA: Poor Governance Threatens Nigerian Indigenous Companies
The Nigerian Bar Association, Lagos Branch, warns that weak corporate governance and poor succession plans threaten the survival of indigenous Nigerian companies. Learn the critical role of lawyers and AI.
PENGASSAN laments high cost of living, urges salary review
PENGASSAN President Festus Osifo warns of a massive brain drain in Nigeria's oil sector due to devaluation and stagnant wages. The union demands urgent salary reviews and criticizes economic policies.
FirstBank Appoints Amaeshi as Pioneer Business Ethics Chair
First Bank of Nigeria appoints Prof. Kenneth Amaeshi as the first occupier of the Samuel Asabia Professorial Chair of Business Ethics at UNILAG, marking a major step for ethical leadership in Africa.
New Brand Clarity Engine for Nigerian SMEs Launched
Culture Communications launches QuickWins, an AI-powered brand strategy engine for Nigerian SMEs. Get fast, affordable agency-level creative direction to grow your business.
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