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.
Category : Business
Nord Automobiles unveils 9% vehicle financing scheme
Nord Automobiles launches a single-digit interest vehicle financing scheme in Nigeria, offering loans at 9% with up to 48-month repayment to boost new car ownership.
SMEDAN DG Commends Falcon Chemicals for Innovation
SMEDAN's Director-General Charles Odii praised Falcon Chemicals Limited for its innovation during a facility tour, noting the firm qualifies for export funding.
Hajj 2026 Airlift Begins May 3 from Ogun Airport
The National Hajj Commission of Nigeria schedules inaugural flight for May 3, 2026, from Gateway International Airport, Ogun State, marking a new era for pilgrim departures.
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Experts Defend FG's Intervention in Aviation Fuel Crisis
Aviation stakeholders back the Federal Government's intervention in the aviation fuel crisis, warning that unchecked market forces could cripple the sector.
Nigerian households at risk from firewood cooking
NASENI and partners launch initiatives to distribute clean cookstoves to millions of Nigerian households, addressing health and environmental hazards from firewood.
Middle East Crisis Drives 12.6% Surge in Cooking Gas Prices
Cooking gas price in Nigeria rose 12.6% month-on-month in March 2026 due to Middle East crisis. Kaduna recorded highest price at N9,212.21.
Tinubu Hails CBN Reforms and Bank Recapitalisation Efforts
President Tinubu commended CBN Governor Cardoso for foreign exchange reforms and bank recapitalisation, boosting investor confidence during Ogun airport inauguration.
Champion Breweries Transitions to Group, Posts N14.4B Revenue
Champion Breweries Plc reports N14.36 billion revenue, a 69% increase, after transitioning to a group reporting structure following its acquisition of enJOYbev B.V.
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NADDC, Pi-CNG/EV Deepen Partnership for Clean Mobility
NADDC and Pi-CNG/EV meet to accelerate Nigeria's transition to CNG and electric vehicles, focusing on policy alignment and nationwide rollout.
Vitel Wireless Partners Opay, Moniepoint for Airtime Access
Vitel Wireless partners Opay and Moniepoint to enable seamless airtime and data purchases, expanding mobile connectivity across Nigeria, especially in rural areas.
First Direct US Flight in Seven Years Lands in Venezuela
The first direct US-Venezuela flight in seven years landed in Caracas, marking a diplomatic thaw. American Airlines resumed the route after Maduro's removal and easing of sanctions.
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Dangote Refinery Sets Aviation Fuel at ₦1,820/Litre
Dangote Refinery fixes Jet A1 price at ₦1,820 per litre to boost transparency, but airlines still pay ₦2,230 amid rising operational costs in Nigeria.
SGN Empowers 1,000 Farmers in Ondo State
Sunshine Grassroots Network distributes agricultural inputs to 1,000 farmers in Ondo, boosting food security and supporting Tinubu's re-election bid.
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Nigerdock Begins Snake Island Port Operations
Nigerdock has commenced operations at Snake Island Port in partnership with the Federal Government, marking 40 years in Nigeria's maritime sector and enhancing cargo handling and trade efficiency.
FEC Approves $2.99B Rail Projects for 3 Cities
The Federal Executive Council approved $2.99 billion rail contracts for Lagos, Kano, and Kaduna to boost infrastructure and economic growth, Finance Minister Taiwo Oyedele announced.
Cybervergent v3.0 Launch and Expansion into Kenya, Ghana, SA
Cybervergent launches AI-powered v3.0 platform for continuous risk and compliance management, expanding into Kenya, Ghana, and South Africa with local partnerships.
VFD Group Posts N5.19 Billion PBT in Q1 2026
VFD Group Plc reports N5.19 billion PBT in Q1 2026, a 26% increase year-on-year, driven by disciplined capital deployment and strong investment income growth.
Airport Car Park Not a Garage: Bi-Courtney Explains Tariffs
Bi-Courtney Aviation clarifies that MMA2 car park is for short stays, not long-term parking, after tariff review to discourage misuse.
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Meta Shares Plunge 10% as Google Surges on AI Earnings Divergence
Meta shares fell nearly 10% after earnings, while Google soared over 6%. Investors distinguish between Big Tech AI spending strategies.
Nigeria's 2026 budget: ₦15.81tn for debt servicing
Nigeria allocates ₦15.81 trillion for debt servicing in 2026, a major portion of the ₦68.32 trillion budget, raising concerns over fiscal sustainability.
Cross-Asset Trading Guide for Uncertain Markets
Learn how traders can navigate volatile markets by understanding cross-asset relationships between oil, gold, FX, and equities in 2026.
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University Non-Teaching Staff to Strike Indefinitely Friday
University administrative and non-teaching staff in Nigeria will begin an indefinite strike on Friday after failed negotiations with the federal government over unpaid salaries and welfare issues.
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Tinubu Nominates Joseph Tegbe as New Power Minister
President Bola Ahmed Tinubu nominates fiscal expert Joseph Tegbe as Minister of Power, pending Senate confirmation, to drive reforms and grid stability.
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Otu Flags Off 1,000-Unit Housing Scheme for Civil Servants
Governor Bassey Otu of Cross River State has launched a 1,000-unit 'People-First' housing scheme for civil servants in Akpabuyo, aiming to improve welfare and provide affordable homeownership.
Ecuador Starts Fracking in Amazon Rainforest
Ecuador has initiated hydraulic fracturing in the Amazon rainforest for the first time, aiming to boost oil production amid energy shortages and declining output.
Oil Price Hits $125 Per Barrel, Highest Since 2022
Brent crude briefly reached $125.60, the highest since 2022, driven by US-Iran tensions and UAE's OPEC exit, before easing to $116.50.
Cowpea breakthrough: New lines resist Striga parasite
Researchers develop gene-pyramided cowpea lines with strong resistance to Striga gesnerioides without compromising yield, offering hope for smallholder farmers in sub-Saharan Africa.
NNPC Hikes Petrol Prices to N1,320 in Lagos, N1,364 in Abuja
NNPC raises petrol prices to N1,320 per litre in Lagos and N1,364 in Abuja, citing rising supply costs. Other marketers follow suit.
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Bayelsa Pledges Ongoing Support for IFAD/LIFE-ND Projects
Bayelsa Commissioner for Agriculture expresses satisfaction with IFAD/LIFE-ND partnership, urging beneficiaries to use resources wisely to boost food security.
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