Iwerekun School wins 10th Tolaram Science Challenge
Iwerekun Community Senior High School wins the 10th Tolaram Science Challenge for the third consecutive year, sponsored by Lagos Free Zone to promote STEM education in Ibeju-Lekki.
Category : Business
Anambra Orders Drainage Cleanup, 5-Hour Lockdown
Anambra State Government orders immediate drainage cleanup and a five-hour lockdown to combat gully erosion and flooding, effective July 4, 2026.
SROL Reaffirms Responsible Mining at AFNIS 2026
Segilola Resources Operating Limited (SROL) reaffirmed its commitment to responsible mining at the 5th Africa Natural Resources and Energy Investment Summit (AFNIS) 2026 in Abuja, promoting sustainable development.
Akwa Ibom oil community Okoritak still drinks from corked well
Okoritak, an oil-producing community in Akwa Ibom hosting nine oil assets, relies on water from a corked oil well for drinking, prompting urgent calls for government and industry intervention.
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BUA Group Denies Bid to Acquire 70% Stake in Kano Pillars
BUA Group and its chairman, Abdul Samad Rabiu, have not submitted any bid to acquire a 70% stake in Kano Pillars FC, the company has clarified, urging the public to disregard the false reports.
Nigeria's Lithium, Copper, Bauxite Deposits Key to Clean Energy
A new report identifies Nigeria's lithium, copper and bauxite deposits as strategic resources to accelerate clean energy transition and domestic industrialisation.
FAAN resumes Lagos airport flights after flooding
Flight operations have resumed at Lagos airport's temporary international terminal after flooding caused by construction drainage disruption, FAAN confirms.
Unilever Nigeria Names New Executive Director
Unilever Nigeria Plc has appointed Modupe Femi-Okunbanjo as Executive Director, replacing Ibrahim Sodipe who resigned effective 30 June, citing her finance and governance expertise.
Musk regains trillionaire status after SpaceX, Tesla rally
Elon Musk's net worth surged by $62.3 billion to over $1 trillion after SpaceX and Tesla shares rallied, restoring his trillionaire status following a June decline.
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Universal Insurance Profit Halves on Soaring Claims
Universal Insurance's 2025 profit plunged nearly 50% to N867.9 million as insurance service expenses doubled to N8.3 billion, driven by huge fire insurance claims.
FEC approves N215 billion for CNG bus programme
Nigeria's FEC approved N215 billion for 200 CNG buses to cut transport costs, with Minister Oyedele urging operators to pass savings to commuters.
Nigeria accesses $1.5bn from $5bn Abu Dhabi facility
Nigeria has drawn the first $1.5 billion from its $5 billion financing arrangement with First Abu Dhabi Bank, Finance Minister Taiwo Oyedele confirmed.
Weak systems, not talent, hold back Nigeria's creative economy
A new report finds Nigeria's creative industry faces systems challenges, with 83% of professionals losing over 10% of work time to admin tasks, hindering global competitiveness.
NBC commissions three new production lines in Oyo, Kano
Nigerian Bottling Company has commissioned three new production lines at its Asejire and Challawa plants, part of a $1 billion five-year investment programme in Nigeria.
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Adesuwa Okunbo Rhodes: $80 million after 8 years of rejection
Adesuwa Okunbo Rhodes, founder of Aruwa Capital Management, now manages an $80 million portfolio after overcoming eight years of rejection based on her age, race, and gender.
FTSE Russell Halts Nigeria Frontier Market Upgrade
FTSE Russell places Nigeria's reclassification to frontier market status under further review due to concerns over the new T+1 settlement cycle's impact on foreign investors.
Nigeria draws first $1.5bn from $5bn Abu Dhabi deal
Nigeria has accessed the first $1.5 billion from its $5 billion financing facility with First Abu Dhabi Bank, Finance Minister Taiwo Oyedele confirmed, to refinance debt and fund infrastructure.
TCN Announces 10-Hour Power Outage in Ondo Communities
The Transmission Company of Nigeria (TCN) has announced a 10-hour power outage affecting Ondo Town and Okitipupa on June 30 for critical upgrade works.
Nigeria Q3 2026 Public Holiday: Eid ul-Mawlid Only
Nigeria will have only one public holiday in the third quarter of 2026: Eid ul-Mawlid, tentatively on August 26, marking Prophet Muhammad's birth.
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UI Aspirant with 212 JAMB Score Cries Out, Says She's Doomed
A University of Ibadan aspirant with a JAMB score of 212 cries out online, saying she is doomed as the score may not secure her admission to study Medicine and Surgery.
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5 Ways to Check Flood Risk in Lagos Before Renting
Flooding has affected several Lagos neighbourhoods this rainy season. Here are five simple ways to check if a neighbourhood may be prone to flooding before signing a tenancy agreement.
BUA Denies Rabiu Bid for Kano Pillars
BUA Group has debunked reports that chairman Abdul Samad Rabiu bid N1.5 billion for a 70% stake in Kano Pillars, urging the public to ignore false claims.
Group Defends First Lady's 'Akara' Remarks as Economic Call
A pro-government group defends First Lady Oluremi Tinubu's 'akara' comment as a call for economic empowerment, urging Nigerians to embrace small businesses.
Domestic Airfare Hits N157,552 in May 2026, Kano Most Expensive
Nigerian domestic airfare averaged N157,552 in May 2026, up 0.12% monthly and 20.86% year-on-year. Kano recorded the highest fare at N184,139, while Gombe had the lowest at N135,800.
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Man pays N3m annual rent for 2-bedroom flat in Lagos
A Lagos resident pays N3 million yearly for a two-bedroom apartment in Abule Egba, equipped with solar inverter and imported chairs, sparking debate on rental costs.
Bus Fares Rise in Nigeria: City and Intercity Costs Increase
Nigerians paid more for bus transport in May 2026 as city fares rose to N1,431.25 and intercity to N9,699.55, with Ondo and Zamfara recording highest costs.
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Tinubu approves 27 road projects worth ₦3.9 trillion
President Tinubu has approved 27 road projects valued at over ₦3.9 trillion across 15 states, including a ₦1.8 trillion dual carriageway in Niger State awarded to Aliko Dangote.
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Nigeria Ranked World's Most Generous Country in 2025
Nigeria tops the World Giving Report 2025 as the most generous country, with citizens donating 2.83% of income and 89% participating in monetary giving.
Ford Hires Back 300 Engineers After AI Fails
Ford rehires over 300 veteran quality inspectors after AI tools failed to match human expertise in detecting defects and supply issues at manufacturing plants.
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Naira Falls Against Dollar as Foreign Investors Exit Nigerian Markets
Nigeria's naira depreciated 0.20% as foreign investors exit amid political uncertainty and hawkish Fed, with FPI dropping 25.9% in May 2026.
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