Fashola: Lagos Discounted Land for Dangote Refinery
Former Lagos Governor Babatunde Fashola revealed the state discounted land for the Dangote Refinery to secure the $19 billion investment, emphasizing strategic economic benefits.
Category : Business
Delta Governor Makes 13th-Month Salary Permanent for Workers
Delta Governor Sheriff Oborevwori has institutionalised a permanent 13th-month salary for civil servants, approved by the State Executive Council, with a bill set for the House of Assembly.
Ukraine Military Publishes Salaries of Regulars and Officers
Ukraine military publishes monthly salaries: regulars earn over N615,000, officers start at N769,606, plus combat pay up to N923,527, as disclosed on its website.
Solar Engineer Mounts Panels on Wall, Explains Reasons
A Nigerian solar engineer went viral for installing solar panels on a wall instead of the roof, citing erosion concerns, landlord restrictions, and budget constraints.
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FG Unveils 10 Things About Power Force Programme for N150,000
President Tinubu's Power Force programme trains 5,000 youths for smart meter deployment, with monthly earnings of N90,000-N150,000. Applications open July 4, 2026.
Qoray Mobility Energies Introduces Founding Executive Team
Qoray Mobility Energies has formally announced its founding executive team, comprising industry veterans from the energy and mobility sectors.
Golden Penny rewards dealers with over ₦266M prizes
Golden Penny Foods awarded over ₦266 million in cash and three Toyota Hilux trucks to dealers at its 2026 B2C Conference, also launching Golden Penny Penne 500g.
Nigerian Lady Spends N85m on Uncompleted Building
A Nigerian lady revealed she spent N85 million on an uncompleted storey building, sparking mixed reactions online. The video went viral on TikTok.
Nigerians react as Tinubu launches programme to train 5,000 meter installers
President Bola Tinubu launches 'The Power Force' to train 5,000 young Nigerians as meter installers, sparking mixed reactions online amid comparisons to earlier remarks on selling akara.
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Lady Spends Over N500k on Father's Parlour Renovation
A Nigerian lady renovated her father's old parlour for over N500,000, sharing a viral before-and-after video on TikTok that left viewers in awe.
Fire Outbreak at Bono Energy Terminal in Lagos
Lagos Fire Service battles fire at Bono Energy Terminal in Apapa. Cause unknown; video shows firefighters at work.
Imported Petrol Price Crashes Below Dangote Refinery Rate
Imported petrol landing cost drops to N1,075 per litre, N60 cheaper than Dangote Refinery's price, as global crude oil prices fall below $71 per barrel.
PZ Cussons Posts N260.46 Billion Revenue in FY2026
PZ Cussons Nigeria reports N260.46 billion revenue for FY2026, up 12% from prior year, driven by price adjustments and product innovation despite economic challenges.
Beta Glass Plc Posts ₦37.5bn Revenue, Strong Growth at AGM
Beta Glass Plc reports ₦37.54bn Q1 2026 revenue, injects over ₦1 trillion into Nigerian economy in a decade, and reconstitutes board at 52nd AGM.
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Beta Glass Plc AGM: N37.5B Revenue, Board Renewal
Beta Glass Plc held its 52nd AGM, reporting N37.5 billion revenue and outlining a strong growth trajectory backed by board renewal and strategic investments.
QORAY unveils founding executive leadership team
QORAY Mobility & Energies Ltd introduces its founding Executive Leadership Team, led by CEO Olabanjo Alimi, with over 2,150 EVs deployed and ₦20 billion in clean energy assets across Nigeria.
SEC Approves 7 More Crypto Firms in Nigeria
Nigeria's SEC admits seven new crypto firms into its regulatory sandbox with Approval-in-Principle, strengthening oversight of the digital asset sector.
Dangote, Importers Blame Each Other as Petrol Stays Above N1,000
Despite falling global crude prices, petrol remains above N1,000 per litre in Nigeria. Dangote refinery cites high-cost crude inventory, while importers resist price controls.
Fire Destroys Bode Traditional Herbs Market in Ibadan
A fire gutted the Bode Traditional Herbs Market in Ibadan early Friday, destroying goods worth millions of naira. No casualties were reported.
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Entrepreneur Visits Dangote Oil Refinery, Shares Joy in Video
Simon Guobadia, CEO of Simcol Group, visited the Dangote Oil Refinery in Lagos for the first time and expressed excitement on Facebook ahead of the impending IPO.
New Cooking Gas Prices Emerge Nationwide as Dangote, Others Cut Rates
Nigeria depots slash cooking gas prices after weeks of hikes, driven by falling global crude oil. Techno Oil now sells at N1,075/kg, Ardova at N1,080/kg. Analysts say prices could fall further.
Spiro Raises $215M: Not Just an Electric Okada Company
Spiro raised $215 million from infrastructure investors, not typical VCs. The pan-African firm is building a battery-swap network across seven countries, including Nigeria, positioning itself as a distributed power grid rather than just an e-bike maker.
Naira Mixed Against Dollar: Black Market Falls, Official Gains
The naira depreciated in the black market but appreciated in the official market on July 3, 2026, closing at N1,370.15/$1 in NAFEM, with mixed trends against other currencies.
Nigeria Power Force: Apply for Tinubu's 5,000 Youth Jobs
Nigeria opens applications for free Power Force training for 5,000 youths in meter installation and wiring under the Presidential Metering Initiative.
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Asisa, UNILAG Host Fifth National Risk Compendium
The Association of Insurance and Risk Managers in Nigeria (ASISA) and UNILAG will co-host the fifth edition of the National Risk Compendium on July 15, 2026, focusing on emerging risks.
StockHut: Nigeria’s #1 Choice for Crypto Trading
StockHut has emerged as Nigeria’s leading crypto trading platform, offering zero-fee trades, robust security, and local currency support, attracting over 500,000 users.
Itsekiri Global Homecoming 2026: Investment for Warri Growth
The Itsekiri Global Homecoming 2026 aims to attract global investment for Warri's socio-economic development, uniting diaspora and local leaders.
How Digital Tools Drive Nigerian SME Growth: The Playbook
Digital tools are transforming Nigerian SMEs, turning ambition into reality. This playbook reveals key strategies for growth, including e-commerce, fintech, and digital marketing adoption.
Tinubu Commissions West Africa's Largest Lithium Plant
President Tinubu inaugurated a 6,000-metric-tonne-per-day lithium processing plant in Nasarawa, creating over 1,000 jobs and banning raw mineral exports.
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FG Inaugurates 6,000 MT Lithium Processing Plant in Nigeria
The Federal Government inaugurates Nigeria's largest lithium processing plant with 6,000 metric tonne capacity, boosting mining sector and local processing.
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