Petrol Prices Surge at Nigerian Depots Amid Middle East Tensions
Fresh petrol price hikes hit major Nigerian depots as marketers raise ex-depot costs amid Middle East conflict, with average increase of 0.46% and prices up to N1,100 per litre.
Category : Business
Omokri lists 12 reasons to invest in Nigeria under Tinubu
Reno Omokri presents 12 economic indicators urging investors to prioritize Nigeria, citing FDI highs, reserve records, and international endorsements under President Tinubu.
CAC Deadline: Nigerian Businesses Must Update Letterheads by Aug 1
The Corporate Affairs Commission will enforce CAMA 2020 disclosure rules from August 1, requiring businesses to display director details on letterheads, invoices, and quotations, with SMEs facing the highest compliance costs.
Ford Rehires 300 Inspectors After AI Fails Quality Test
Ford rehired over 300 veteran quality inspectors after AI systems failed to match human expertise in vehicle production, leading to a return to the top of the JD Power quality study for the first time since 2010.
Nigeria tourism needs destination marketing, better infrastructure
Nigeria's tourism sector requires improved infrastructure and destination marketing to unlock growth, says Boulevard GCEO, citing poor roads and lack of promotion as key barriers.
Top 10 US Companies Sponsoring H-1B Visas for Nigerians in 2026
Google, Amazon, and Microsoft lead H-1B sponsors for Nigerians in 2026. Discover top US companies filing thousands of visa petitions for skilled professionals.
NGX Meets FTSE Russell, International Investors in London
NGX officials met FTSE Russell and global investors in London to address T1 classification concerns, aiming to retain Nigeria's status in FTSE equity indexes and boost foreign investment.
Cyprus 2026 Visa-Free Entry List for EU and Over 60 Countries
Cyprus confirms visa-free entry for EU/EEA citizens and over 60 non-EU countries including US, UK, Canada, Australia, Japan, UAE, Brazil for up to 90 days in 2026.
UAE Releases 6 Simple Steps to Start a Business in Dubai
The UAE Ministry of Economy outlines a straightforward six-step process for investors to establish companies across all seven emirates, including online options.
Saudi Arabia Lists 13 Asian Countries Eligible for eVisa 2026
Saudi Arabia's 2026 eVisa guidelines approve 13 Asian nations for fast-track entry. The multiple-entry visa allows up to 90 days stay for tourism, Umrah, and events.
Saudi Arabia Lists 40 European Countries for eVisa in 2026
Saudi Arabia has published its official list of 40 European countries whose citizens can apply for a tourist eVisa in 2026, granting a one-year multiple-entry permit for up to 90 days per visit.
UK Updates Visa Rules for Over 100 Countries
The UK reaffirms visa requirements for nationals of over 100 countries, including Nigeria and India, for visits under six months, with exemptions for some Chinese and Taiwanese travellers.
Argentina Lists 120+ Countries for Visa-Free Entry
Argentina confirms citizens of over 120 countries can visit without a visa. South Africa, US, UK, Germany, Japan included. Travellers must meet entry requirements.
Nigerian Fintech Gigbanc Shuts Down, Sets Withdrawal Deadline
Nigerian fintech Gigbanc ceases operations after three years, citing funding challenges and rising costs. Customers must withdraw funds by July 31.
Naira Falls to N1,381/$1 as FX Reserves Hit $51.7B
The Nigerian naira depreciated to N1,381 per US dollar on Friday, while foreign exchange reserves reached a record $51.7 billion, according to central bank data.
Top 10 Most Populous African Countries 2026
Nigeria remains Africa's most populous nation in 2026 with over 223 million people, followed by Ethiopia and Egypt, according to UN data.
Top Nigerian Stocks: Week Ended July 10, 2026
Nigerian stocks saw mixed performance with Dangote Cement leading gains. Discover the top gainers and losers for the week ended July 10, 2026, and market insights.
Dangote Refinery Draws $100m Offer from Tanzania Billionaire
Tanzania's richest man, Mohammed Dewji, offers $100 million for Dangote's proposed $17 billion East African refinery, sparking investor rush. He prefers Tanzania but will invest even if built in Kenya.
Before Moniepoint and OPay, This Fintech Came First
Discover the fintech that pioneered Nigeria's digital payments before Moniepoint and OPay, its role in the cashless policy, and the legacy that shaped today's giants.
UK Student Visa Fees for Nigerians Updated
The UK government updated student visa fees: standard visa costs $775 (over N1 million at official rate), excluding health surcharge and other fees.
Canada Updates Entry Rules: Visa, eTA List for Nigerians
Canada revises travel requirements, clarifying visa and eTA rules for Nigerians, US citizens, and other nationalities. Nigerian passport holders still need a visitor visa.
Keyamo Releases CCTV, Demands Obi Apologise and Pay N25,000 Fine
Aviation Minister Festus Keyamo released CCTV footage showing Peter Obi's car unattended for 30 minutes at Abuja airport, demanding a public apology and N25,000 fine payment within one week.
NERC Names 3 Foreign Countries Owing Nigeria $12.66M
NERC reveals Togo, Benin, Niger owe $12.66M for Q1 2026 electricity, paying only 27.57% of $17.48M bill; domestic customers pay 95%.
Titilayo Adesoga: Agriculture Is About Opportunity, Not Just Food
Titilayo Adesoga argues that agriculture in Nigeria must be redefined as a tool for economic empowerment and equitable opportunity, not merely food production.
Naira Slips to N1576/€1 Against Euro Despite Strong Reserves
The Nigerian naira depreciated to N1576 per euro in the official market on July 11, 2026, despite robust external reserves of $42.5 billion, according to FMDQ data.
Nigeria's Fastest-Growing Sectors Employ Just 2.7%
Nigeria's six fastest-growing sectors employ only 2.7% of the workforce, according to CardinalStone, highlighting a disconnect between GDP growth and job creation.
Air Peace Windshield Shatters in Johannesburg, Replacement Sent
An Air Peace aircraft's windshield shattered in Johannesburg, delaying the evacuation of 270 Nigerians. A replacement Boeing 777 was dispatched, and passengers were accommodated.
Northern Governors Launch N1bn Monthly Security Fund
Governors of 19 northern states launch Northern Nigeria Security Trust Fund, pledging ₦1 billion monthly contributions to tackle banditry, terrorism, and kidnapping.
Jigawa Windstorm: 7 Dead, 53 Injured, Thousands Affected
At least seven people died and 53 were injured in a severe windstorm in Jigawa State, affecting 5,403 households across 120 communities in 13 LGAs.
Nigeria's Health Reforms Drive Economic Growth Beyond Healthcare
Nigeria's health reforms under President Tinubu are attracting $5 billion in investments, expanding manufacturing, and building human capital, contributing to long-term economic growth beyond better health outcomes.
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