Nigeria Revamps Ports for AfCFTA Cargo Flows
Nigeria overhauls ports under AfCFTA, with NPA MD Dantsoho citing efficiency as key to capturing regional cargo flows and boosting the blue economy.
Category : Business
Sowore Accuses Telecom Cartel of Bleeding Nigerians Dry
Omoyele Sowore calls out MTN, Airtel, Glo, and 9mobile for poor service, data loss, and exploitation, demanding action against the telecom cartel.
Ogun Pilgrims Arrive in Saudi Arabia for Hajj 2026
First batch of 345 Ogun pilgrims lands in Saudi Arabia for 2026 Hajj, marking Gateway International Airport's inaugural international flight.
DELSU Graduate, 22, Balances 2 Businesses and School, Celebrates
A 22-year-old Delta State University graduate shares her story of running two businesses while earning her degree, inspiring many online.
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States Paying Above, Below N70,000 Minimum Wage in Nigeria
Two years after the N70,000 minimum wage law, states like Imo pay N104,000, while others remain at the benchmark or below. Full list emerges.
Binani Air Launches in Nigeria, Announces Inaugural Flight Date
Binani Air opens ticket sales for its inaugural flight on May 10, 2026, promising cheaper fares and a new standard of reliability in Nigerian aviation.
SWDC Launches N80 Billion Rural Transformation Summit in Ibadan
The Southwest Development Commission will launch an N80 billion rural transformation initiative at a summit in Ibadan, aiming to develop 137 self-sustaining communities across six states.
Study Transforms Lagos Waste Challenges into Opportunity
A baseline study in Ajegunle-Ikorodu, Lagos, aims to transform waste management into a model of circular economy and community resilience, leveraging informal recycling and local engagement.
Why Nigerian Traders Still Use MT4 for Automated Trading
As the naira stabilizes, Nigerian retail traders increasingly turn to MT4 for automated strategies, valuing familiarity, consistency, and reliability over newer platforms.
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Lady Reveals DStv Called Her With Promo Offer After She Abandoned
A young lady shared how DStv contacted her with a promotional offer after she stopped using the service due to price hikes, sparking online reactions.
CBN Scraps Card Fees, Free Email Alerts in New Banking Charges
The Central Bank of Nigeria has eliminated card maintenance fees and made email alerts free under a revised banking charges framework effective May 1, 2026, bringing relief to millions.
NLNG Directs All Cooking Gas to Local Market, Prices May Drop
NLNG now supplies 100% of its LPG to Nigeria's domestic market due to rising demand. Train 7 will boost capacity by 35%, potentially lowering prices.
Top 10 Cheapest Petrol Depots in Nigeria Amid Rising PMS Prices
Lagos remains cheapest petrol market in Nigeria, with Aiteo, Ascon, Bono, Nipco at ₦1204. Warri sees highest volatility, with ₦131 price gap. Late-April surge signals ongoing pressure.
Nigeria Needs Domestic Capital for Infrastructure, Says PIDG CEO
PIDG CEO Phillipe Valahu discusses domestic capital mobilisation, credit enhancement, and PPPs to bridge Nigeria's infrastructure gap.
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Atiku Slams FG Over Declining Reserves Despite N5tr Oil Windfall
Atiku Abubakar criticizes the FG for poor economic management as external reserves drop to $48.45bn despite a N5tr oil windfall, warning of unsustainable naira support.
Tax Ombud Seeks Media Support for Fiscal Reform Education
Dr John Nwabueze, Tax Ombud CEO, urges media to educate taxpayers on filing complaints and accessing redress, as the office prepares to launch a website and toll-free call centre.
NAICOM Moves to Prevent Insurance Firms Collapse
NAICOM reassures no insurance company will collapse before July 2026 recapitalisation deadline, supporting weak firms through mergers and restructuring.
Alaafin, Stakeholders Hail Tegbe's Nomination as Power Minister
President Tinubu nominates Joseph Tegbe as Minister of Power, earning praise from the Alaafin of Oyo and stakeholders for his reform-driven credentials.
Cowry Asset Warns of Slower Growth in Nigeria's Economy
Cowry Asset Management warns of cautious optimism as Nigeria's PMI falls below 50 for first time in 16 months, signaling slower growth and potential contraction.
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Nigeria's Economic Woes in New Cartoon
A recent cartoon depicts Nigeria's struggling economy, with citizens facing high costs and low purchasing power amid policy changes.
Anatomy of Reform (5): Solvency Signal, Debt Rebalancing
Analysis of Nigeria's solvency signal through securitisation of Ways and Means, its impact on debt management, and the crowding out effect on the real sector.
SWDC CEO: Weak institutions, not leaders, key to Nigeria's woes
Dr. Charles Akinola says Nigeria's governance challenges stem from weak institutional design, not leadership. SWDC plans N80b rural transformation programme in Ibadan.
NIA Calls for Better Recordkeeping and Market Reforms
NIA tasks industry leaders on recordkeeping and sustained market reforms during its 55th anniversary, emphasizing institutional memory and collaboration.
Nigeria's PMI Rises to 52.4 in April Amid Inflation Worries
Nigeria's private sector PMI rose to 52.4 in April, marking third month of growth, but escalating fuel costs and inflation pressures persist, limiting expansion.
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Stock Investors Gain N56.6 Trillion in Four Months
Nigerian equities market sees N56.62 trillion gain in four months, driven by energy, industrial goods, banking, and consumer goods sectors.
FIABCI Advocates 5P Model for Nigeria Housing Crisis
FIABCI calls for integrated Public-Private-People-Policy-Partnerships to tackle Nigeria's 28 million housing deficit, urging a shift from welfare to economic foundation.
Lagos Workers Demand N225,000 Minimum Wage Amid NLC Talks
Organised labour plans to renegotiate the national minimum wage by July 2026, while Lagos NLC demands an increase from N85,000 to N225,000 due to rising living costs.
Nigeria Seeks Fair Support for Net-Zero Shipping Goal
Nigeria calls for equitable support in global shipping decarbonisation, urging frameworks that reflect developing nations' economic realities at IMO meeting.
Fasua: Structural Gaps Persist Despite Reform Gains
Dr Tope Fasua says Nigeria's economic reforms show gains but warns structural gaps remain, urging deeper transformation for long-term success.
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AMATO Launches Rescue Team for Lagos Road Safety
AMATO launches a rescue team and inaugurates new executives to address safety and operational challenges for truckers servicing Lagos seaports.
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