Nigerian electricity distribution companies are quietly refunding customers for failing to meet minimum 20-hour daily power supply under Band A tariff, with EKEDC issuing credits like N30,628.90.
Nigeria's NMDPRA has issued new fuel import permits to seven major marketers for Q3 2026 as petrol stocks drop to 16 days, aiming to stabilise supply amid Dangote Refinery export threats.
Dangote Refinery dismisses claims of exporting fuel to Lomé, Togo, for re-importation into Nigeria, calling them false and commercially indefensible.
The SEC has issued a cease and desist against unauthorised promotions of a purported Dangote Refinery IPO, ordering capital market operators to refund all collected deposits within 24 hours.
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Victoria Funsho, a University of Ibadan graduate, built and now manages her fashion brand Fovafashion across all platforms while earning a B.Sc. in Statistics.
President Tinubu convenes emergency meeting with security agencies to address cooking gas hoarding and diversion as prices hit N2,500/kg in some areas.
The federal government has ordered security agencies to crack down on LPG hoarders, illegal storage operators, and product diversion as cooking gas prices soar to N2,500/kg in some areas.
Abigail Qurix, a fixed assets officer at the Central Bank of Nigeria, celebrated her 5th work anniversary on LinkedIn, drawing mixed reactions from netizens.
Currency outside Nigeria's banking system rose to N5.193 trillion in May 2026, up 2.16% from April, signaling persistent cash reliance despite CBN tight monetary policy. Private sector credit also rebounded slightly but remains below recent highs.
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A Nigerian man named Chidera, who trained to become a reverend father, left the seminary to start a solar panel business, explaining his decision.
Amid the 'japa' trend, five countries including Ireland, Germany, New Zealand, Canada, and Australia offer skilled worker visas with clear pathways to permanent residency in 2026.
The Federal Government has introduced fresh measures to reduce soaring LPG prices after retail rates crossed N2,000/kg, with NMDPRA revealing price disparities and supply deficits.
Nigeria's diaspora remittances fell to $5.30 billion in Q1 2026 from $5.72 billion in Q4 2025, according to CBN data, while the current account surplus surged 255.7% to $4.98 billion.
FAAN raises airport cab tariff from ₦500 to ₦1,500 and sets October 2026 as final deadline for vehicle upgrade to 2012 models or newer, sparking pushback from operators.
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Nigerian students spend thousands on data monthly. NCC's proposed zero-rated free internet plan for approved educational platforms could change that, with a 12-month pilot phase.
Taraba State reduces sanitation workers' monthly allowance from N15,000 to N10,000, citing resource management after new hires. Chairman defends decision amid backlash.
MTN Group plans to shut down its 3G network across Africa by 2030, as 4G and 5G take over. Nigeria's 3G usage dropped to 5.32% in April 2026, but experts warn millions may be left behind.
PETROAN has demanded a reduction in petrol pump prices nationwide, citing the fall of Brent crude to about $77 per barrel and lower landing costs.
The British pound weakened against the naira and dollar after UK PM Keir Starmer resigned, with the naira trading at N1,806 per pound amid CBN reforms and $51 billion reserves.
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Elon Musk's net worth plunged $152 billion in one day after SpaceX shares tumbled 16.43%. Aliko Dangote also lost nearly $1 billion as the Nigerian stock market shed over N2 trillion.
The Nigerian Exchange rose 0.97% on Monday, June 22, driven by bargain hunting in banking stocks led by First Holdco, GTCO, and Zenith Bank, pushing the banking sector up 4.84%.
Nigeria's naira appreciated to N1,369 per dollar in the official market as external reserves climbed to $51.06 billion, the highest since 2009, boosting forex confidence.
At least 13 people died and 66 were injured in a technical explosion at Qatar's Ras Laffan LNG facility. Energy Minister says exports unaffected, but repairs may cut output for years.
Nigeria's external reserves rose to $51.06 billion, exceeding the CBN's year-end target, as the naira strengthened across FX markets, gaining N1.35 at the official market and N5 in the parallel market.
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Petroleum marketers in Nigeria are cutting petrol depot prices as landing costs fall, with Rain Oil leading a N18/litre reduction in Lagos, raising hopes of lower pump prices.
Anambra State disbursed ₦80 million to 80 startups as part of its vision to become Africa's Silicon Valley, alongside graduating 400 tech professionals.
Ogun State temporarily relocates students of Our Lady of Apostles Girls Grammar School after methane gas leak. Governor Dapo Abiodun confirms investigation with NMDPRA and university geologists.
APC has won all 10 LGAs declared so far in the Ekiti governorship election, leading with 182,331 votes against PDP's 28,777 as INEC continues collation.
Governor Dikko Radda of Katsina State plans to end raw livestock exports and focus on local meat processing to create jobs and boost farmers' earnings.
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Oscar Amaechina, president of Afri-mission and Evangelical Network, discusses how insecurity and poverty drive displacement in Nigeria, his group's rental housing for 72 displaced families, and solutions to stem the tide.
