Cocoa Alliance Demands $6,000 Price Floor, Continental Bloc
COCEFAAA calls for a $6,000 per tonne price floor and an African Cocoa Producers' Bloc to address the 6% value capture by Africa in the global cocoa market.
Category : Business
Nigeria's housing deficit exceeds 20 million units
Nigeria's housing deficit exceeds 20 million units as rising construction costs drive up rents in Abuja and Lagos. Developers urge government intervention to reduce building material prices and expand mortgage financing.
Femi Otedola Boosts First HoldCo Stake with N29.6bn Buy
Femi Otedola acquires 680.8 million shares in First HoldCo via private placement at N44 per share, raising his ownership to 20.42% and strengthening control.
Soludo Injects N80m into 80 Startups for Anambra Tech
Anambra Governor Chukwuma Soludo disburses N80 million to 80 startups and graduates 400 tech professionals, aiming to position the state as Africa's Silicon Valley.
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Nigerian Couple Seeks Gestational Surrogates for Family
A Nigerian couple is seeking healthy, responsible women to become gestational surrogates. Earn monthly payments and a bonus for helping them start a family. No egg donation involved.
FG Issues Guidelines for New Tax Regime Transition
The Federal Government releases guidelines for transitioning to the Tax Acts 2025, effective January 1, 2026, ensuring clarity and fairness in tax administration.
PariPesa Awards Toyota Starlet to Lucky Winner of Promo
PariPesa concluded its 'Bet for a Car!' promo by awarding a Toyota Starlet to Mr. Olutola Popoola in Lagos, celebrating months of monthly prizes and user engagement.
Game Aggregation Reshapes Online Casino Experience
Discover how casino game aggregation via a single API is transforming online casinos, enabling faster content delivery, scalability, and compliance for operators worldwide.
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First Nigerian Shell EVP and Country Chair appointed
Elohor Aiboni appointed Shell's Executive Vice President and Country Chair for Nigeria, becoming the first Nigerian to hold the combined leadership role. She assumes office August 1, 2026.
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Abia Governor Unveils Aircraft Named After Achebe, Monarch
Abia State Governor Alex Otti unveiled two Boeing 737-800NG aircraft for United Nigeria Airlines, named after Chinua Achebe and Igwe Alfred Achebe, celebrating cultural icons and aviation growth.
PariPesa Crowns Winner of Bet for a Car Promo
PariPesa concluded its Bet for a Car promo by awarding a Toyota Starlet to Mr Olutola Popoola in Lagos, celebrating months of monthly prizes and user engagement.
CBN Report Reveals N134bn Lost to Banking Fraud
Nigeria lost N134.48bn to banking fraud between 2020 and 2025, per CBN report. Losses peaked in 2024 at N52.26bn due to a major internal case, then dropped in 2025 amid stricter controls.
Nigerian Stock Market Falls for Second Straight Day
The Nigerian stock market declined for a second consecutive day as investors engaged in profit-taking, with the All-Share Index dropping by 3,397.80 points and market capitalization losing N2.179 trillion.
2026 Crypto Mining Review: 5 Platforms Including ASDeFi
A review of five cryptocurrency mining platforms in 2026, highlighting ASDeFi's AI-driven cloud mining system, security, and global ecosystem. Includes step-by-step guide.
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Four Key Things You Need to Enjoy Nigeria's FreeTV
Nigeria's FreeTV offers 100+ channels with no monthly fees, but setup costs and legal concerns arise. Learn what you need to get started.
Oil Prices Hit Lowest Since US-Iran Conflict
Oil prices fell sharply on Thursday, June 18, dropping to their lowest since the US-Iran conflict, as a US-Iran agreement boosted supply prospects.
Exported Dangote Fuel Returns to Nigeria via Togo Hub
S&P Global reveals Nigerian marketers import Dangote refinery products via Lomé, Togo, with 70-80% of sea-borne fuel coming from the refinery between March and May 2026.
IMF Warns Stablecoins Could Undermine Naira and Monetary Policy
The IMF warns that growing use of US dollar stablecoins in Nigeria could weaken demand for naira and undermine monetary policy, posing risks to financial integrity.
Nigeria's Health Sector: Progress After 27 Years of Democracy
After 27 years of democracy, Nigeria's health sector shows progress in workforce, immunization, and financial protection, but challenges remain in implementation and sustainability.
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World Bank: Apapa, Tin Can Among Top 20 Improved Ports
The World Bank has recognized Apapa and Tin Can Island ports in Lagos as among the 20 most improved ports globally in its latest Container Port Performance Index.
Enugu Airport Concession to Boost $30bn Economy Goal
The concession of Enugu airport is expected to support the state's ambitious $30 billion economy target, according to an official. The move aims to attract investment and improve infrastructure.
ACAMB Marks 30th Anniversary with Tree-Planting in Lagos (19.06.2026)
The Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) kicked off its 30th anniversary with a tree-planting exercise in Lekki, Lagos, promoting environmental sustainability and industry unity.
Navy Uncovers Hidden Oil Storage Site, Recovers 17,000 Litres
The Nigerian Navy has uncovered a hidden storage site in the South-South region, recovering 17,000 litres of crude oil and arresting suspects involved in oil theft.
Awka Households Lament Soaring Cooking Gas Prices
Residents of Awka, Anambra State, are grappling with high cooking gas prices, now N1,700 per kg, and call for government intervention to ease the burden.
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NCDMB Hosts Ghana National Oil Coy on Local Content Study
The Nigerian Content Development and Monitoring Board (NCDMB) hosted a delegation from Ghana National Petroleum Corporation for a benchmarking study on local content implementation in the oil and gas sector.
Nigeria's AfCFTA Strategy: Ambition, Progress, and Delivery
Ehi Braimah examines Nigeria's AfCFTA strategy, highlighting progress in trade under the Guided Trade Initiative and challenges like weak infrastructure, logistics, and private sector readiness.
Nigeria Nuclear Power Plans Alive: IAEA DG
The International Atomic Energy Agency (IAEA) confirms Nigeria's nuclear power programme remains active despite delays, with ongoing support from the agency.
Access to Financing Biggest Challenge for African Aviation
Nigeria's Minister of Aviation, Festus Keyamo, identifies access to financing as the biggest challenge facing the African aviation sector, calling for innovative solutions.
Aircraft Leasing Firm to Accept Naira Payments
Nigeria's new aircraft leasing company will allow local airlines to pay in naira, reducing forex pressure and boosting the aviation sector.
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JustMarkets Launches SpaceX Stocks CFDs Trading
JustMarkets announces the launch of SpaceX stocks and CFDs trading, allowing clients to trade shares of the private space exploration company.
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