Adesina Lab Launches to Help African Founders
Adesina Lab launches to help African founders build investment-ready companies, offering mentorship, funding access, and strategic support.
Adesina Lab launches to help African founders build investment-ready companies, offering mentorship, funding access, and strategic support.
Babatunde Fashola disclosed that Lagos reduced land price to secure the Dangote Refinery, crediting Commissioner Olusola Oworu for arguing the long-term economic gains outweighed immediate revenue.
Air Peace achieved the largest seat increase among African airlines in July 2026, adding 250,000 seats, according to a new report.
Canada's IRCC published a list of 7 professional categories eligible for faster permanent residence via Express Entry, sparking interest among Nigerians considering relocation.
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RecommendedThe Central Bank of Nigeria confirms that all versions of the ₦100 banknote remain legal tender, urging businesses and the public to stop rejecting them over false expiry claims.
MTN Nigeria has restored its XtraTime airtime and data lending service, suspended since April due to FCCPC regulations. Eligible prepaid subscribers can now borrow up to ₦1,295 by dialing *303#.
The Nigerian Exchange recorded N7.23 billion in block trades, with Zenith Bank accounting for most of the deals, highlighting strong investor activity.
Grene Capital expands Jabi Lake Mall solar capacity by 150% to 1.5MWp, adding 900kWp to meet 50% of mall energy needs and reduce diesel use.
MTN Nigeria has restored its airtime and data borrowing service, allowing millions of subscribers to access emergency credit by dialling *303# after weeks of disruption due to a regulatory dispute.
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RecommendedNigeria Immigration Service launches an updated step-by-step guide for contactless passport renewal, allowing eligible Nigerians abroad to complete biometrics remotely without embassy visits.
HUTU by Aiben has surpassed Eko Atlantic to become Nigeria’s largest private residential development, with 5,000 homes and a $500 million investment.
Dangote Petroleum Refinery launches free petrol delivery for marketers in 6 states at N1,075/litre with 10-day credit, requiring minimum 250,000 litres purchase.
Saudi Arabia launches 2026 eVisa for 66 countries: multiple-entry, 90-day stay, covers tourism, family visits, Umrah. Excludes Hajj and study.
The Federal Government targets 5 million households to switch from firewood and kerosene to LPG under the Decade of Gas Initiative, aiming to reduce carbon emissions and improve public health.
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RecommendedThe UAE confirmed visa-free entry for citizens of 70+ countries in 2026, including 49 nations with 90-day stays and 7 conditional visa-on-arrival countries.
IPMAN confirms petrol prices have dropped by N125 per litre nationwide, with current prices ranging from N1,155 to N1,299 per litre, down from N1,340.
Aliko Dangote confirms Dangote Industries will build a new refinery in Lamu, Kenya, within 30 months, reducing East Africa's fuel import dependence.
UK police have published annual salaries: constables start at £42,210 (N77.4m) and sergeants earn £63,000 (N115.5m), converted to Nigerian naira.
Dangote Group confirms a $17 billion oil refinery on Kenya's Lamu Island, with 700,000 bpd capacity, to reduce East Africa's fuel import dependence.
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RecommendedClaims that Dangote petrol is cheaper outside Nigeria are unsubstantiated. No verifiable evidence supports lower prices abroad, despite regional fuel trade reports.
Xenergi Limited has initiated a mandatory takeover bid for Premier Paint Plc, offering N1.95 per share, totaling N76.27 million, following its acquisition of a controlling stake.
EFCC handed over 1,452 recovered items, including bunk beds and mattresses, to the Federal Ministry of Education to support schools, as part of asset recovery efforts.
The average annual rent in Lekki Phase 1 has surged to N10 million, the highest in five years, driven by demand for luxury housing and limited supply.
Shareholders of FCMB Group Plc have approved a total dividend of N23.08 billion for the 2025 financial year, representing a 50 kobo per share payout, at the company's annual general meeting.
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RecommendedUS-based hydrogen expert Dr Michael Taiwo has pledged N1 million to three Nigerian students who won gold at the International STEM Olympiad in Rome, sparking widespread praise.
PenCom begins reviewing the Pension Reform Act 2014 after 12 years without amendment, targeting implementation gaps, improved retirement outcomes, and expanded coverage for women and informal workers.
Aondoakura Christopher resigned from The Alternative Bank after 1 year 7 months and joined Globus Bank as a relationship manager, sharing his journey on LinkedIn.
Dangote Refinery exported 466,000 metric tonnes of jet fuel to Europe in June 2025, surpassing US exports, while Nigerian airlines face high domestic prices.
The Dangote Group's proposed oil refinery on Kenya's coast will cost an estimated $17 billion and take about five years to build, according to a company spokesperson.
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RecommendedThe Nigerian trader who went viral for claiming she makes N2.5 million monthly from selling roasted corn has retracted her statement, admitting she never made that amount.