Parallex Bank Leads Nigeria's Digital Banking Renaissance
Dr. Olufemi Bakre, MD/CEO of Parallex Bank, outlines the bank's pivotal role in shaping Africa's digital banking future. Discover his leadership philosophy and the bank's growth trajectory.
Category : Business
Pregnant Woman Assaulted in Abuja Property Demolition
A pregnant woman was beaten and dragged by FHA security during a demolition on disputed land in Abuja, despite an active court case ordering status quo. Read the shocking details.
Egbochie's ATCO Homes Success & UN Ambassador Role
Discover how Bartholomew Egbochie built ATCO Homes from selling recharge cards. His journey to UN Ambassador and insights on Nigeria's real estate boom. Read his exclusive interview.
Banks Rush to Raise N4.14trn for CBN Recapitalisation
Nigerian banks are in a race against time to raise N4.14 trillion before the CBN's March 2026 recapitalisation deadline. Discover how this move aims to build a $1 trillion economy.
Tinubu Explains Hidden Benefits of New 2026 Tax Laws
President Bola Tinubu assures Nigerians the 2026 tax regime will ease burdens on the poor and small businesses, exempting essentials like food and medicine. Discover the full details.
Cessna 172 Crashes at Owerri Airport, No Fatalities
A Skypower Express Cessna 172 crashed at Sam Mbakwe Airport, Owerri. All four onboard survived. NSIB has launched an investigation into the incident. Read the latest details.
Court dismisses suit challenging PIA host community provisions
A Federal High Court in Warri has dismissed a suit seeking to invalidate key Petroleum Industry Act provisions on host community liability. The court affirmed the Act's validity. Read the full details.
US Firm Petitions IGP Over MT Thor Tanker Vandalism
NUJENIX Corporation petitions IGP Egbetokun over alleged unlawful seizure & vandalism of MT Thor tanker in Nigeria, citing military interference. Read the full details.
Kwara Govt Accused of Sabotaging Trade Fair
KWACCIMA alleges the Kwara State government deliberately withdrew support, harming the 12th Trade Fair's success and foreign participation. Read the full details.
Fuel Price Crashes After Dangote Refinery Slashes Rate
Following Dangote Refinery's price cut to N699 per litre, private depot prices have crashed, ranging from N702.50 to N820. MRS stations now sell at N739. Read the full impact.
German Business Confidence Falls to 7-Month Low
German business sentiment dropped for a second month in December, hitting its lowest point in seven months. The industrial slump and weak Christmas sales signal a bleak economic end to 2025. Read more.
Solar Installer's Apprentice Breaks Roof, Pays Cost
A Nigerian solar installer's apprentice caused significant roof damage during a panel installation. The incident highlights common challenges in Nigeria's booming solar sector. Read the full story.
NDIC Details N2m Payout for Failed Mortgage Banks
The NDIC has initiated a payout of up to N2 million per depositor for customers of Aso Savings and Union Homes. Learn about the verification process and what happens to balances above the insured limit.
ECN DG Launches 3-Day Digital Transformation Programme
The Energy Commission of Nigeria (ECN) has launched a 3-day capacity-building programme to upgrade its ICT infrastructure and staff skills, aligning with the Federal Government's digital transformation agenda. Read more.
Union Bank Unveils 'Endless Possibilities' Campaign
Union Bank of Nigeria launches its 'Endless Possibilities' campaign, celebrating Nigerian resilience and ambition. Discover how the 108-year-old bank supports growth.
MRS Petrol Price Drops to N739 After Dangote Cut
MRS filling stations in Lagos slash petrol price to N739 per litre following Dangote Refinery's gantry price reduction, sparking motorist relief and a fierce industry debate over market stability.
Man Pays N200k for Air Peace Flight, Criticises Service
A Nigerian man, Sammie, shares his experience flying Air Peace for N200,000. He criticises being served water in a plastic cup and an all-white crew on the one-hour flight. Read his full story and public reactions.
Bitcoin Self-Custody Service Launches in Nigeria
Stealth Money introduces Africa's pioneering Bitcoin self-custody platform in Nigeria, offering secure hardware wallet delivery in Naira. Take control of your digital assets today.
Plane Somersaults at Owerri Airport, 4 Injured
A Skypower Express Cessna 172 somersaulted at Sam Mbakwe Airport in Owerri. The NSIB confirms four occupants were hospitalised. Details on the emergency diversion emerge.
Nigeria's oil rigs stuck at 41 amid OPEC expansion
Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.
ISPs Seek Policy Help for Underserved Areas
Internet providers urge government intervention to expand services to unserved regions. High costs and infrastructure vandalism threaten growth despite rising demand for broadband.
NSC Chief: Nigeria Must Remove Barriers to Regional Trade
NSC CEO Pius Akutah urges Nigeria to become a maritime hub, detailing reforms in ports, dry ports, transit parks & dispute resolution saving billions. A must-read for business.
UNCTAD: 2025 Global Trade to Surpass $35 Trillion
UNCTAD projects global trade will exceed $35 trillion in 2025, driven by emerging markets. However, growth is expected to slow in 2026. Read the full analysis.
Industry Leaders Demand Urgent Cybersecurity Framework for Maritime
Maritime experts warn of rising AI-driven cyberattacks on Nigeria's ports and vessels. Stakeholders push for a national cybersecurity framework to protect trade and national security. Read the full report.
ACCI Urges FG to Prioritise Security for Business Survival
The Abuja Chamber of Commerce warns that insecurity is crippling businesses. President Emeka Obegolu calls for urgent action on ranching and illegal mining to stimulate economic growth.
Nigeria risks missing blue-economy boom, NSE warns
Nigerian engineers warn policy gaps and outdated tech threaten Nigeria's share of the multi-trillion dollar blue economy. Urgent action needed to harness ocean wealth.
NLC: Nigerian Workers' Crisis Worse Than Civil War
The Nigeria Labour Congress warns that financial insecurity is crippling workers, with real wages declining. Urgent government action is needed to stabilise the economy and protect incomes.
TotalEnergies Unveils TEMC+ for Enhanced Mobility Payments
TotalEnergies Marketing Nigeria Plc has launched the TEMC+ card, a tech-driven platform for secure payments and real-time fleet management. Nationwide migration ends Dec 31, 2025.
Asian Markets Drift, Oil Up on Venezuela Blockade
Asian equities showed mixed performance as US jobs data failed to boost rate cut expectations. Oil prices surged over 1% after Trump ordered a blockade of Venezuelan tankers. Get the latest market analysis.
LCCI Calls for Tax Harmonisation and Transparency
LCCI President Leye Kupoluyi urges clarity and an end to multiple taxation as Nigeria's new tax law approaches. He warns against punitive levies that stifle business growth. Read more.
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