Nigeria Gets $1.25bn World Bank Boost for Jobs, Growth
The World Bank approved $1.25 billion for Nigeria to boost jobs, investment, and growth, targeting electricity, broadband, health, and agriculture reforms.
Category : Business
14 Youth Empowerment, Funding, Skills Opportunities for Nigerian Youths
Nigerian youths can apply for 14 empowerment and funding programmes offering grants, loans, training, and employment support from government agencies and partners.
Cooking gas prices drop to ₦1,100–₦1,500 as supply improves
Cooking gas prices in Nigeria have dropped to between ₦1,100 and ₦1,500 per kg in major cities, following improved supply and lower depot prices. See the full list of new prices across Nigerian cities.
Trump Defends $1.2B Crypto Earnings While in Office
President Trump defends earning $1.2 billion from family crypto ventures, citing market growth and blind trusts, amid ethics questions.
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Trump says US couldn't build Qatari-gifted Air Force One
President Trump praised the Qatari-gifted Air Force One, stating the US couldn't build such a plane, as it embarked on its inaugural flight to North Dakota.
Lady Spends N35m on Building Foundation in Lagos, Shows Video
A Nigerian lady spent N35 million on just the foundation of her house in Lagos. She shared a video and breakdown, sparking mixed reactions online.
Naira Rises Against Dollar as Forex Turnover Surges 20%
Nigeria's naira gains against the dollar as forex turnover surges 20% to $269.898 million, with external reserves rising to $51.429 billion, boosting market stability.
Oyo Teachers Suspend Strike Over Abduction, Resume Thursday
Oyo NUT suspends strike triggered by abduction of teachers and students, directing members to resume work Thursday after security assurances from state government.
Nigerian Lady Spends N750k on Solar System, Gives Honest Review
A Nigerian lady who installed a solar system one month ago reveals she spent N750,000 on the setup, which powers her TV and fridge, and shares her honest review.
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World Bank rewards 5 Nigerian states with $3m each for education, healthcare reforms
The World Bank has approved $27 million in performance-based incentives for Nigerian states under the HOPE Governance Programme, with Bayelsa, Borno, Kano, Kebbi and Yobe receiving the largest rewards for education and healthcare reforms.
CBN Revokes Licences of 46 Microfinance Banks Across Nigeria
The Central Bank of Nigeria revokes licences of 46 microfinance banks for regulatory breaches, effective July 1, 2026, to strengthen the financial system and protect depositors.
Diaspora Insurance Eases Funeral Financial Burden for Africans Abroad
Diaspora Insurance offers tailored funeral insurance to Africans abroad, providing guaranteed acceptance, immediate cash payouts, and worldwide coverage to ease repatriation and burial costs.
FG Begins Green Tax Collection: 5 Key Things Nigerians Should Know
Nigeria's Green Tax surcharge on imported vehicles with large engines takes effect July 1, 2026; electric vehicles, buses, and locally made cars are exempt.
Nigerian Man Installs Solar System, Shares Cost of N600k
A Nigerian man installed a solar inverter system to enjoy constant electricity, sharing the total cost of N600,000 for the setup, including panels and accessories.
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Altinvest launches guide to demystify Shariah-compliant investing
Altinvest, the ethical digital investment platform from The Alternative Bank, has launched 'Your Money, Your Value,' a free guide to help Nigerians understand Shariah-compliant investing and make informed decisions.
Lagos Blue Book 2026: Land values up 525%, costs rise
Lagos State's 2026 Blue Book raises official land valuations by 300-525%, increasing statutory fees like Governor's Consent and stamp duty, making property transactions significantly more expensive.
DStv Drops HBO Shows as Canal+ Cites Licensing Talks
DStv Premium subscribers lose access to HBO series like House of the Dragon as Canal+ confirms ongoing licensing negotiations, raising questions about the value of expensive packages.
NDIC Pays N37.65 Billion to Failed Bank Depositors
NDIC disbursed N37.65 billion to failed bank depositors in 2025, including N4.06 billion to insured depositors and N33.59 billion in liquidation dividends, while recovering N42.69 billion in debts.
NNPC reduces petrol price to N1,210 per litre in Lagos, Abuja
NNPC has cut petrol pump prices to N1,210 per litre in Lagos and Abuja, down from N1,260, following a decline in global crude oil prices and government directives.
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Nigeria Slashes Import Duties by 50%, Introduces Green Tax on SUVs
Nigeria cuts Customs duties on imported vehicles by up to 50% while introducing a Green Tax Surcharge on engines over 2,000cc, targeting luxury SUVs and sports cars.
Oil and Gas Discovered in Plateau State After Five-Year Study
A five-year geological study funded by PTDF and UNIJOS reveals oil and natural gas deposits in Plateau State, with natural gas as the most commercially viable resource.
Akara Seller N5,000 Daily Profit Defends First Lady Remarks
A Lagos akara vendor reveals N12,000 daily costs, N5,000 profit, and defends First Lady Oluremi Tinubu's advice on starting small businesses amid national debate.
LPG Prices Drop to ₦1,100/kg as Supply Surges
Nigeria's LPG prices have plummeted to an average of ₦1,100 per kilogramme, with Lagos recording the cheapest rates at ₦1,095/kg, as improved supply and competition drive down costs.
FCCPC warns marketers over slow fuel price drops despite falling crude
FCCPC warns that consumers have not benefited from falling crude oil prices, threatening sanctions against businesses exploiting buyers in the downstream petroleum sector.
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ACAMB Urges Banks to Deepen QR Code Payment Adoption
The Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) has urged banks to deepen digital payment adoption, including QR codes, following a visit to NIBSS in Lagos.
UBA, Transcorp, United Capital Top Stock Picks This Week
UBA, Transcorp, and United Capital are among top stock picks this week, as analysts predict strong gains in the Nigerian equities market.
Lagos-Calabar Highway Bans Motorcycles, Tricycles
The Federal Ministry of Works bans commercial motorcycles and tricycles on the Lagos-Calabar Coastal Highway to protect the new road. Trucks also face parking restrictions.
Ogun: Gas emissions in Ijebu-Ode are natural geological events
Ogun State government says recurring gas emissions in Ijebu-Ode are natural geological events linked to fault lines, not traditional myths, after students were hospitalised.
Onanuga's Economic Denial: Nigerians Face Hardship Despite Reforms
Bayo Onanuga dismisses claims of hardship under Tinubu, but data shows naira depreciation, inflation, and poverty rising; reforms cause pain before gain.
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N290M Grants Disbursed to Indigent Gombe Students by Foundation
The Velocity Humanitarian Foundation has disbursed N290 million in grants to indigent students in Gombe State, with N10 million given to 100 students outside the state.
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