NGX Extends Losses: Panic Selling Erases N2.36trn Market Value
The Nigerian stock market extended its losing streak on Monday, with panic selling erasing N2.36 trillion in market value as the NGX All-Share Index fell by 3,682.70 points.
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FG approves ₦286bn for maritime upgrades with pilot boats
The Federal Government approved ₦286 billion for maritime projects, including six pilot boats, firefighting vessels, and Escravos Channel dredging to modernize ports.
N30m Empowerment Fund Unveiled as GiNN 5.0 Attracts 10,000+ Youths
Over 10,000 Nigerian youths gathered at GiNN 5.0 in Lagos, where N30 million was pledged for youth businesses and awards honored young achievers across sectors.
271 Evacuated Nigerians Arrive Lagos from South Africa
271 Nigerians evacuated from South Africa arrived in Lagos on Tuesday, June 30, aboard an Air Peace flight, as part of the Federal Government's response to rising anti-immigration tensions.
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Domestic airfare up 20.8% YoY to N157,552 in May 2026
Domestic air travel fare rose 20.8% year-on-year to N157,552 in May 2026, from N130,361 in May 2025, according to the National Bureau of Statistics.
Cooking Gas Price Drops to N1,100-N1,650/kg as Supply Improves
Cooking gas prices have dropped to between N1,100 and N1,650 per kilogram nationwide due to improved supply and lower depot prices, ending months of high costs.
Tinubu Approves ₦3.9 Trillion for 27 Road Projects
President Bola Tinubu has approved 27 major road projects worth ₦3.9 trillion across 15 states to boost infrastructure and economic growth, Minister David Umahi announced.
Naira falls to N1,395/$ in parallel, N1,385 official
The Naira depreciated to N1,395 per dollar in the parallel market from N1,386, and to N1,385 in the official NFEM, widening the gap to N9.
Emir of Zazzau Urges Families to Cut Lavish Wedding Spending
The Emir of Zazzau, Ahmed Nuhu Bamalli, urged families to reduce excessive wedding spending and redirect funds to support the poor, criticizing lavish expenses on makeup and aso ebi amid economic hardship.
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FG Urges Marketers to Reduce Petrol Prices Amid Global Oil Drop
The federal government has called on petroleum marketers to reduce petrol prices in line with declining global crude oil prices, but says it cannot fix prices due to deregulation.
Remi Tinubu Responds to Akara Criticism, Unveils N100m for Women
Nigeria's First Lady Remi Tinubu defends small business support after backlash over akara-selling comments, announces N100 million package for 2,000 female traders in Jigawa state.
First Lady Defends Akara Remarks, Cites N100m Grants
Nigeria's First Lady Remi Tinubu defends her akara business advice, revealing N100m distributed to 2,000 petty traders with N50,000 each, dismissing backlash.
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7 flood-prone areas in Lagos every resident must know
From Lekki to Isheri, discover the seven Lagos communities most vulnerable to flooding, why they flood every rainy season and how residents can stay safe.
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5 Reasons Lagos Is Experiencing Worse Flooding in 2026
Heavy rains, blocked drains, rapid urbanisation, rising sea levels, and ageing infrastructure are making Lagos flood worse in 2026, damaging homes, businesses, and roads.
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5 Money Habits for Business Resilience with LiquidCrest
LiquidCrest Microfinance Bank helps Nigerian businesses build five key money habits—separating finances, saving consistently, understanding credit, keeping records, and investing idle cash—to survive and scale.
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Tinubu approves free CAC registration for 250,000 small businesses
President Tinubu has approved free CAC registration for 250,000 MSMEs nationwide. Beneficiaries will also receive technical training and business support. Applications are via the SMEDAN portal.
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South Korea unveils $1.2 trillion AI and chip investment plan
South Korea announces a $1.2 trillion public-private investment in AI data centres and semiconductor manufacturing, led by Samsung and SK hynix, to boost global tech leadership.
FG Approves Free CAC Registration for 250,000 Businesses
The Federal Government approves free CAC registration for 250,000 MSMEs, with training and development support, to boost formalisation and financial inclusion.
Blord recounts terrifying kidnap attempt, dramatic escape
Nigerian crypto entrepreneur Blord shared a harrowing account of an alleged kidnap attempt while driving his son to school, claiming he escaped by switching his Mercedes GLA to sport mode after gunmen shot at his tires.
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Out There Media and Pulse Africa Form Digital Ad Superpower
Out There Media and Pulse Africa partner to create a digital advertising superpower across Africa, combining Mobucks™ technology with Pulse's local execution to reach 300M subscribers.
South Korea unveils $880bn chip and AI plan for rural areas
South Korea announces $880bn investment to expand semiconductor hubs, AI data centres, and robotics facilities beyond Seoul, aiming to revitalise rural economies and secure global AI leadership.
From Mobile Phones to Smart Homes: itel Home Evolution
itel Home expands to 112 stores across Nigeria, evolving from mobile phones to a one-stop digital home appliance retail chain, enhancing access to technology.
Eko Power Alerts Lagos Residents of Power Cuts, Unveils Affected Locations
Eko Electricity Distribution Plc reports widespread blackout affecting millions in Lagos due to grid failure, highlighting ongoing vulnerabilities in Nigeria's electricity transmission system.
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OPay launches Emergency Lock and Safety PIN for Nigerian users
OPay introduces Emergency Lock and Safety PIN to help Nigerians protect funds instantly during security threats, with a 24-hour freeze that cannot be reversed.
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Three Brazilian sisters aged 100+ set world record for oldest siblings
Three Brazilian sisters with a combined age of 316 have been named the world's oldest living trio of siblings by Guinness World Records. Researchers are studying their DNA to uncover secrets of longevity.
Petrol Landing Cost Drops to N1,003 Per Litre, Diesel, LPG Also Fall
The landing cost of imported petrol in Nigeria has fallen to N1,003 per litre, widening the price gap with Dangote Refinery and raising hopes of lower pump prices for Nigerians.
Lawyer: What to Do If You Can't Pay Lawsuit Fines
A Nigerian lawyer explains that unpaid lawsuit fines don't disappear; they follow you forever, with interest, and bankruptcy is a terrible option. He advises caution on the road.
Providus, Unity Banks Merge to Form ProvidusUnity Bank
Providus Bank and Unity Bank have officially merged to form ProvidusUnity Bank, aiming to deepen financial inclusion and support Nigeria's economic growth with enhanced services.
Nigeria Ranked Most Generous Country in World
Nigeria tops the 2025 CAF World Giving Report with 2.8% of income donated, making it the most generous country globally. The report surveyed 60,000 people across 105 countries.
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NAFDAC Campaign Urges Nigerians to Read Food Labels for Health
NAFDAC launches 'Read the Food Label Campaign' to reduce diet-related diseases. Director-General Mojisola Adeyeye urges Nigerians to check sugar, sodium, and ingredients. NCDs cause 29% of deaths in Nigeria.
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