Priest Applauds Jerry Eze Grant, Urges Faith and Planning
A Catholic priest in Haiti praises Pastor Jerry Eze's $720,000 business grant, highlighting the lesson of combining faith with strategic planning.
Category : Business
Nigeria, South Africa Seek Stronger Trade and Infrastructure Ties
Stakeholders from Nigeria and South Africa met in Lagos to deepen trade, infrastructure, and economic cooperation, emphasizing actionable outcomes to boost intra-African trade under AfCFTA.
Naira Holds Steady at N1,374/$ as May Begins
The Nigerian naira opened May 2026 at N1,374/$ in official and parallel markets, supported by Central Bank interventions amid steady demand and inflation concerns.
NNPCL Hikes May Crude Oil Prices by $7, Petrol Up in Lagos Abuja
NNPCL increases crude oil prices by up to $7 per barrel for May 2026, raising petrol costs to ₦1,320 in Lagos and ₦1,364 in Abuja amid global tensions.
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COWA Starts Tree Planting in Imo Against Global Warming
The Customs Officers Wives Association begins a tree planting campaign in Imo State, aiming to educate students on global warming and environmental sustainability.
Nigeria’s Cheap Electricity: A Hidden Cost Crisis
Nigeria’s low grid tariff hides a costly reality: self-generation via diesel or petrol is far more expensive, trapping citizens in a broken system.
Rethinking Nigeria’s Investment Strategy Over the Next Decade
Nigeria’s investment landscape is evolving, requiring a shift from traditional assets to intelligent, tech-driven strategies. The upcoming FSDH conference explores this new paradigm.
Muslim Man Shares Screenshot of Jerry Eze Foundation Grant
A Muslim cybersecurity expert, Yunus Oyetunde, praised Pastor Jerry Eze after receiving N4.2 million from the Jerry Eze Foundation grant, highlighting unity beyond religious boundaries.
MTN Nigeria Shareholders Approve N152b Fintech Stake Sale
MTN Nigeria shareholders approved the sale of a majority stake in its fintech arms to MTN Group for N152 billion, shifting capital burden and regulatory oversight.
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ATCON Rallies Indigenous ISPs for $900m Fibre Revolution
ATCON urges indigenous ISPs to lead Nigeria's $900m broadband expansion, emphasizing last-mile connectivity and local innovation.
NIWA Targets West Africa Trade Boost with Cargo Jetty
NIWA unveils plans for a West Coast cargo jetty to enhance seamless movement of goods across West Africa, leveraging its waterways and experience from the Calabar-Cameroon route.
OPay Signs MoUs with 4 Schools, Expands ₦1.2bn Scholarship
OPay expands ₦1.2 billion scholarship programme to 24 institutions, signing MoUs with four more tertiary schools to support 20 students each annually.
Cooking Gas Prices Rise to N7,655 for 5kg Cylinder
Cooking gas prices in Nigeria jumped to N7,655.73 for a 5kg cylinder in March 2026, a 12.6% monthly increase. Kaduna recorded the highest price, while Bauchi had the lowest. Experts blame forex volatility and global tensions.
FG Unveils N150bn Smart Highway Plan with CCTV, Solar Lights
The Federal Government announces a N150 billion smart highway project with CCTV, solar lights, and concrete technology for 50-100 year durability.
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Abaribe: Tax Without Impact is Extortion at CITN Event
Senator Abaribe and stakeholders warn that tax collection without visible public impact is extortion, as 1,400 new professionals join CITN amid Nigeria's tax reforms.
FG resolves MM2 dispute, approves aircraft leasing firm
The Federal Executive Council approved resolution of the MM2 concession dispute with Bi-Courtney and established a Nigerian aircraft leasing company to support local airlines.
Lagos Rolls Out Industrial Policy to Support MSMEs
Lagos State launches Industrial Policy 2025-2030 targeting reforms to support MSMEs, with N124 million invested in education by COWLSO.
Cost-of-Living Crisis Overshadows May Day in Nigeria
Nigerian workers mark May Day under severe cost-of-living pressures as N70,000 minimum wage loses value amid inflation, fuel price surge, and food price hikes.
Kwara Bridge Collapse Disrupts Travel, Food Supply
Mooro bridge collapse in Kwara halts vehicular movement, threatens food supply to Ilorin and neighbouring states. Govt begins palliative work.
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Katsina seals deal for 50,000 solar AI streetlights
Katsina State partners with Conflow Power Group and Mora Energy to deploy 50,000 solar-powered iLamp units with AI compute, becoming Africa's first AI-powered smart state.
FEC Approves $2.9B Rail Projects for Lagos, Kano, Kaduna
The Federal Executive Council has approved $2.99 billion for rail projects in Lagos, Kano, and Kaduna to boost infrastructure and economic growth.
Nigeria's $1 Trillion Economy Threatened by Skills Gap
Stakeholders at a NACCIMA TVET summit in Lagos call for urgent reforms to tackle Nigeria's skills gap, warning it threatens the $1 trillion economy target.
Seplat Energy Posts $840.7M Revenue, Declares 9 Cents Dividend
Seplat Energy reported $840.7 million Q1 revenue and $37.9 million profit, declaring a 9 cents per share dividend, a 96% year-on-year increase.
UBA Pushes Bank-Fintech Collaboration at African Conference
UBA hosted its inaugural Fintech Conference, urging deeper collaboration between banks and fintechs to drive financial inclusion and innovation across Africa.
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Dangote Refinery Recalls Redeployed Engineers
Dangote Refinery recalls engineers redeployed after disciplinary actions, offering a second chance following appeals and internal review.
Nigeria Business Activity Contracts in April 2026
Nigeria's PMI fell to 49.4 in April 2026, first contraction in 16 months, driven by rising costs and weakening demand across industry and services.
Data-Driven Trust Key to Unlocking $32.3bn SME Gap
CRC Credit Bureau calls for data-driven trust infrastructure to unlock Nigeria's $32.3 billion SME financing gap, as MD Dr Popoola delivers lecture at KWASU.
Ethiopian Airlines to Acquire Six B787 Dreamliners
Ethiopian Airlines and Boeing announce the purchase of six B787-9 Dreamliners, expanding intercontinental routes and cargo capacity from Addis Ababa.
Toyota, Daimler, Volvo Join for Hydrogen Fuel Cells
Toyota joins Daimler Truck and Volvo's Cellcentric fuel-cell joint venture to develop hydrogen-powered transport solutions for heavy-duty vehicles.
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NRC Rolls Out New Train Cleaning Standard, Empowers Providers
The Nigerian Railway Corporation has unveiled a new cleaning SOP to enhance passenger safety and hygiene, empowering service providers through training and quality control.
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