EU Ambassadors Assess Kannywood's Job Creation Potential
A European Union delegation visited Kannywood in Kano to explore how the film industry can create jobs, skills, and social change for youth in northern Nigeria.
Category : Business
Nigeria, Tanzania, Ethiopia Lead Mission 300 Milestone
Nigeria, Tanzania, and Ethiopia are leading beneficiaries of Mission 300, which has connected over 50 million people to electricity across 40 African countries, the World Bank and AfDB report.
NIPOST Validates Digital Postcode Model for Nigeria
NIPOST has validated a digital postcode model assigning unique addresses to all buildings in Nigeria, with rollout expected in October to boost security, emergency response, and e-commerce.
Boeing, ATT Academy Partner to Boost Nigeria Aviation Training
Boeing partners with Aviation Techniks Academy to deliver a six-week technical training for United Nigeria Airlines and ValueJet, enhancing Nigeria's aviation sector.
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BlockDAG Buyback at $0.10 Attracts Inflows as XRP, Chainlink Test Support
BlockDAG's $0.10 buyback program draws capital as XRP tests $1.13 support and Chainlink consolidates at $7.80 amid market volatility.
Ripple Invests in Flutterwave Series E for Stablecoin Payments
Flutterwave announces strategic investment and partnership with Ripple to accelerate stablecoin payments in Africa, embedding RLUSD into its payment rails and leveraging XRP Ledger for faster cross-border transactions.
AHF Africa Demands Debt Relief for Youth Investment
AIDS Healthcare Foundation urges African leaders to prioritize youth healthcare, education, and social protection over debt servicing on Day of the African Child.
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Dangote Slashes Petrol Price to ₦1,175 per Litre
Dangote Refinery reduces petrol depot price by ₦75 to ₦1,175 per litre, citing easing Middle East tensions and lower global oil prices, sparking hopes of reduced pump prices.
UNICEF upgrades 24 water, sanitation facilities in Katsina
UNICEF will retrofit 24 water and sanitation facilities in schools and health centres across four Katsina LGAs under the CRIBS II project, funded by UK FCDO.
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Petrol Depot Prices Crash on Dangote Refinery Rate Cut
Nigeria's petrol depot prices drop sharply after Dangote Refinery slashes rates by N75 and global crude falls to $82.68, raising hopes of cheaper fuel for motorists.
NCC Reviews Mobile Termination Rates After 8-Year Hiatus
The NCC has initiated a consultancy study to review Mobile Termination Rates for the first time in eight years, aiming to reflect current economic realities and technological changes in Nigeria's telecom sector.
NERC Orders N15m Compensation for Electrical Deaths
NERC mandates N15 million minimum compensation for deaths from electrical accidents, with new safety reforms requiring insurance and penalties up to N20 million for violations.
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Nigeria's Plastic Ban: Manufacturers Oppose, Items Affected
The Manufacturers Association of Nigeria opposes a proposed ban on single-use plastics under 80 microns, citing economic harm. Items like thin bags, straws, and cutlery could be banned.
Nigeria to Assign Unique Digital Addresses to Every Building
The Federal Government plans to assign a unique digital address to every building in Nigeria using GIS technology, aiming to tackle fraud, insecurity and delivery challenges. First phase rollout expected in October 2026.
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Engineer cries out after being scammed with fake granite
An engineer has lamented after discovering that materials supplied to him as granite were actually baked clay moulded to resemble the real stone.
Naira Appreciates 0.55% at Official FX Window as Reserves Hit 13-Year High
The naira strengthened by 0.55% at the official FX window, closing at N1,356.27/$1, supported by external reserves hitting a 13-year high of $50.505 billion.
Rising Debt Squeezes Developing Nations, UNCTAD Finds
A new UNCTAD report reveals that rising borrowing costs are squeezing developing nations, reducing funds for schools, healthcare, and climate action, worsening the $4.3 trillion SDG financing gap.
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Visa West Africa Marks Africa Day 2026 with Cultural Pride
Visa marked Africa Day 2026 by celebrating culture and digital commerce in West Africa, highlighting commitment to the region's economic transformation and financial inclusion.
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Dangote Plans Mega Free Trade Zone in Ondo State's Olokola
Aliko Dangote revives plans for a massive free trade zone in Olokola, Ondo State, featuring dedicated power, gas, cement, and manufacturing investments to boost industrial growth.
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Elon Musk's Net Worth Hits $1.3 Trillion After SpaceX Rally
Elon Musk's net worth surged to $1.3 trillion as SpaceX shares rallied nearly 20%, adding $165 billion in one day and briefly pushing the company's valuation above $3 trillion.
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Nigerians Question FG Electric Tricycle Plan Amid Power Crisis
The Federal Government's plan to deploy 10,000 electric tricycles from August faces skepticism as Nigerians question feasibility amid unreliable electricity supply and security challenges.
NGX Investors Lose N984bn as Bearish Sentiment Returns
Bearish sentiment on the Nigerian Exchange led to N984bn loss as profit-taking hit banking, oil & gas, industrial, and consumer stocks. Market breadth closed negative.
Nigerian Graduate Farmer Lists 4 Career Mistakes, Offers Advice
A Nigerian agribusiness entrepreneur shares four costly career mistakes she made as a young graduate, offering advice on gaining experience, avoiding early machinery purchases, prioritizing health, and investing in real estate.
Dangote Cuts Petrol Price by N75 as Oil Prices Drop
Dangote Refinery reduces petrol ex-depot price by N75 to N1,175 per litre, citing easing Middle East tensions and lower crude oil prices, boosting hopes for lower pump prices.
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Naira Falls to N1,400 per Dollar in Parallel Market
The naira depreciated to N1,400 per dollar in the parallel market on Tuesday, while gaining to N1,356 in the official window.
Adamawa, Kwara, Rivers Lead States With Highest Food Inflation
Food inflation fell to 16.96% year-on-year in May 2026. Adamawa, Kwara, and Rivers recorded the highest rates, while Borno saw the lowest.
Cooking Gas Prices Surge from N1,000 to N2,400/kg
Cooking gas prices in Nigeria have risen from N1,000 to N2,400/kg due to supply shortages. Marketers plan to import more LPG to stabilize the market and reduce costs for consumers.
Petrol May Drop to N1,000/L as Crude Falls, Dangote Cuts Rate
Energy experts predict petrol price could drop to N1,000 per litre as crude oil falls and Dangote Refinery slashes ex-depot price by N75, sparking optimism for cheaper fuel in Nigeria.
Dangote Refinery Cuts Petrol Price by N75 to N1,175
Dangote Refinery reduces petrol gantry price by N75 per litre to N1,175, citing easing Middle East tensions. The move is expected to trigger further price cuts from competitors.
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CBN Orders Banks, Fintechs to Store Payment Data Locally by 2027
The Central Bank of Nigeria has mandated that all payment transaction data generated in Nigeria must be stored on local servers from January 1, 2027, to enhance data sovereignty and regulatory oversight.
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