MTN, Zenith Lead NGX H1 Earnings Reporting in July
MTN Nigeria and Zenith Bank are among the first to release H1 2026 results on the NGX, with peak reporting expected in the last week of July. Investors await key earnings data.
Category : Business
UAE Adds Six Nations to 60-Day Visa-on-Arrival List
The UAE expanded its visa-on-arrival program to include six new nationalities, offering 14-day or 60-day stays for travelers with valid residency from designated countries.
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21bet.ng Launch Enhances Matchday for Crypto Football Fans
21bet.ng enters Nigeria as a crypto casino and sportsbook, tapping into football passion and crypto familiarity to improve the matchday experience for digitally savvy fans.
Saudi Arabia Launches Package Visa Pilot for Tourists
Saudi Arabia debuted a Package Visa pilot program bundling flights, hotels, and tourist entry visas into a single transaction through approved travel vendors.
Nigerian Stock Market Gains N1.87 Trillion
The Nigerian stock market rose by N1.865 trillion on Tuesday, driven by gains in industrial, insurance, oil & gas, consumer goods, and banking stocks, with the All-Share Index climbing to 237,083.28 points.
Nigeria's Green Tax: Lower Import Duties Impact Car Prices
Nigeria's new Green Tax imposes environmental levies on high-emission vehicles while reducing import duties, reshaping car prices for buyers and dealers.
Ajaokuta Steel Revival Deal with Chinese Firm Due by 2026
Nigeria expects to finalize a deal with a Chinese firm by end of 2026 to revive the Ajaokuta Steel Mill, aiming to boost local steel production and reduce imports.
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Adesuwa Okunbo-Rhodes: From Lehman Brothers at 18 to $80m Fund
Adesuwa Okunbo-Rhodes shares how she started in investment banking at 18 with Lehman Brothers, later joined J.P. Morgan, and now manages $80 million at Aruwa Capital, investing in underserved SMEs.
MTN Slashes Airtime Borrowing Limit to N5,000 as *303# Restored
MTN Nigeria restored its airtime and data borrowing service via *303#, slashing the maximum limit from N10,000 to N5,000. Subscribers must clear outstanding balances before new advances.
Adesina Lab Launches to Help African Founders
Adesina Lab launches to help African founders build investment-ready companies, offering mentorship, funding access, and strategic support.
Fashola Reveals Land Price Cut That Kept Dangote Refinery in Lagos
Babatunde Fashola disclosed that Lagos reduced land price to secure the Dangote Refinery, crediting Commissioner Olusola Oworu for arguing the long-term economic gains outweighed immediate revenue.
Air Peace Records Africa's Biggest Seat Increase in July 2026
Air Peace achieved the largest seat increase among African airlines in July 2026, adding 250,000 seats, according to a new report.
Canada Lists 7 Pros for Faster PR in 2026
Canada's IRCC published a list of 7 professional categories eligible for faster permanent residence via Express Entry, sparking interest among Nigerians considering relocation.
CBN: All Old ₦100 Notes Remain Legal Tender
The Central Bank of Nigeria confirms that all versions of the ₦100 banknote remain legal tender, urging businesses and the public to stop rejecting them over false expiry claims.
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MTN XtraTime restored: How to borrow airtime and data again
MTN Nigeria has restored its XtraTime airtime and data lending service, suspended since April due to FCCPC regulations. Eligible prepaid subscribers can now borrow up to ₦1,295 by dialing *303#.
NGX Records N7.23 Billion Block Trades
The Nigerian Exchange recorded N7.23 billion in block trades, with Zenith Bank accounting for most of the deals, highlighting strong investor activity.
Grene Capital expands Jabi Lake Mall solar to 1.5MWp
Grene Capital expands Jabi Lake Mall solar capacity by 150% to 1.5MWp, adding 900kWp to meet 50% of mall energy needs and reduce diesel use.
MTN Restores Airtime and Data Borrowing Service After Dispute
MTN Nigeria has restored its airtime and data borrowing service, allowing millions of subscribers to access emergency credit by dialling *303# after weeks of disruption due to a regulatory dispute.
NIS Unveils Contactless Passport Renewal Guide for Diaspora
Nigeria Immigration Service launches an updated step-by-step guide for contactless passport renewal, allowing eligible Nigerians abroad to complete biometrics remotely without embassy visits.
HUTU by Aiben Beats Eko Atlantic as Nigeria’s Largest Private Residential Dev
HUTU by Aiben has surpassed Eko Atlantic to become Nigeria’s largest private residential development, with 5,000 homes and a $500 million investment.
Dangote Refinery Free Petrol Delivery at N1,075/Litre in 6 States
Dangote Petroleum Refinery launches free petrol delivery for marketers in 6 states at N1,075/litre with 10-day credit, requiring minimum 250,000 litres purchase.
Saudi Arabia 2026 eVisa: 66 Countries Eligible
Saudi Arabia launches 2026 eVisa for 66 countries: multiple-entry, 90-day stay, covers tourism, family visits, Umrah. Excludes Hajj and study.
FG Plans to Move 5 Million Nigerian Households to Cooking Gas
The Federal Government targets 5 million households to switch from firewood and kerosene to LPG under the Decade of Gas Initiative, aiming to reduce carbon emissions and improve public health.
UAE 2026 Visa-Free Entry List: 70+ Countries Eligible
The UAE confirmed visa-free entry for citizens of 70+ countries in 2026, including 49 nations with 90-day stays and 7 conditional visa-on-arrival countries.
Petrol Prices Drop by N125 per Litre Across Nigeria
IPMAN confirms petrol prices have dropped by N125 per litre nationwide, with current prices ranging from N1,155 to N1,299 per litre, down from N1,340.
Dangote Confirms New Kenya Refinery, Sets 30-Month Completion
Aliko Dangote confirms Dangote Industries will build a new refinery in Lamu, Kenya, within 30 months, reducing East Africa's fuel import dependence.
UK Police Reveal Annual Salaries for Constables and Sergeants
UK police have published annual salaries: constables start at £42,210 (N77.4m) and sergeants earn £63,000 (N115.5m), converted to Nigerian naira.
Dangote Plans $17bn Mega Refinery in Kenya, Location Confirmed
Dangote Group confirms a $17 billion oil refinery on Kenya's Lamu Island, with 700,000 bpd capacity, to reduce East Africa's fuel import dependence.
Fact-Check: Is Dangote Petrol Cheaper Abroad?
Claims that Dangote petrol is cheaper outside Nigeria are unsubstantiated. No verifiable evidence supports lower prices abroad, despite regional fuel trade reports.
Xenergi Launches N76 Million Mandatory Takeover Bid for Premier Paint
Xenergi Limited has initiated a mandatory takeover bid for Premier Paint Plc, offering N1.95 per share, totaling N76.27 million, following its acquisition of a controlling stake.
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