Digital Payments Empower Nigeria's 39 Million MSMEs on MSME Day
Nigeria has over 39 million MSMEs contributing 48% of GDP. PalmPay's digital ecosystem and Hustle Grant help businesses scale, as highlighted on World MSME Day.
Category : Agriculture
Cornerstone Insurance Profit Drops 54.6% on Naira Reversal
Cornerstone Insurance's post-tax profit fell 54.6% in 2025 as foreign exchange gains reversed from N30.8bn to -N6.1bn, following naira devaluation impacts.
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How to Fund Your Child's Education Abroad in Nigeria
Learn how to fund your child's education abroad in Nigeria with structured plans like Leadway Education Target Plan, offering flexibility and protection.
Former FCMB Banker Returns After 7 Years, Shows Welcome Pack
Dr David Ephraim Mathias, a former FCMB employee, returned to the bank after seven years and shared his welcome pack on LinkedIn, calling it a fruitful homecoming.
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Depots Cut Petrol Below Dangote’s N1,127 in Energy Competition
Private depot owners have slashed petrol prices below Dangote’s N1,127/litre, intensifying competition in Nigeria’s downstream sector. Aiteo and MRS Tincan sell at N1,125, while Bono and others offer N1,126.
Lagos Govt Apologizes for Waste Evacuation Failures
Lagos State Government acknowledges waste evacuation lapses, apologizes to residents, and outlines plans for a circular waste economy and waste-to-energy investments.
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Lagos waste crisis: Tokunbo Wahab apologises to residents
Lagos Environment Commissioner Tokunbo Wahab apologises to residents over poor waste collection, outlines plans for waste-to-energy projects and reforms to tackle the state's waste management crisis.
Cooking Gas Price Drops 31.8% to N1,500/kg in Nigeria
Cooking gas prices in Nigeria have fallen by about 31.8% to N1,500 per kilogramme, offering relief to households. Improved supply and regulatory actions are key drivers.
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Nigeria delisted from 2026 Math Olympiad over funding
Nigeria has been downgraded to observer status at the 2026 International Mathematical Olympiad due to chronic funding failures, reviving debate over support for gifted students.
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NUC Approves Taraba State University of Tropical Agriculture
The National Universities Commission has approved Taraba State University of Tropical Agriculture, Science, Technology, and Climate Action (TSU-TASCA) in Gembu, focusing on agriculture, technology, sustainability, and climate resilience.
PalmPay Hustle Grant Boosts GreenTead Farm to Multi-Million Naira
John Adekunle Akinloye used the PalmPay Hustle Grant to expand GreenTead Farm, investing in irrigation and tomato processing to generate over N2 million in revenue.
Dangote Refinery Slashes Fuel Price Again to N1,125
Dangote Refinery reduces petrol gantry price to N1,125 per litre from N1,175, marking a N50 drop. Total reduction in two weeks reaches N125 per litre amid falling crude oil prices.
Top 10 Biggest Banks in Africa in 2026: SA, Nigeria, Egypt Lead
Africa's top 10 banks in 2026: Standard Bank leads, followed by FirstRand, NBE, Absa, Nedbank, UBA, Banque Misr, CIB, Ecobank Ghana, and Sterling Bank.
Tinubu: Africa must add value to mineral resources
President Tinubu declares open AFNIS 2026, urging Africa to move beyond raw material supply, build value chains, and attract partnerships that promote local jobs and technology transfer.
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Bank Credit to Private Sector Rises to N81trn
Nigerian bank lending to the private sector rose to N81.041 trillion in May 2026, while cash outside banks hit a record N5.193 trillion, CBN data shows.
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FG discovers platinum, gold, lithium, rare earth minerals in Kaduna
The Federal Government announces a world-class polymetallic mineral province in Kaduna, with deposits of platinum, gold, lithium, and rare earth elements, potentially transforming Nigeria's economy beyond oil.
Dangote Refinery Slashes Petrol Price by N50 as Crude Drops
Dangote Petroleum Refinery cuts petrol price by N50 per litre to N1,125, citing falling crude oil prices below $73 per barrel amid easing Middle East tensions.
UK Publishes Salaries of Designers, Developers, Programmers
The UK government has disclosed annual salaries for graphic designers, web developers, and programmers on its careers website, with starting pay ranging from £25,000 to £30,000.
10 Strongest Earthquakes Ever Recorded Worldwide
Two powerful earthquakes in Caracas, Venezuela, killed 32 and injured 700. The US Geological Survey lists the 10 most powerful quakes ever recorded; Venezuela's do not rank among them.
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Nigerians Still Paying N1,200/Litre Petrol Despite Crude Crash
Global crude oil prices fell to about $73 per barrel after the US-Iran peace deal, but petrol prices in Nigeria remain high at N1,205 per litre, frustrating consumers.
UK Salaries for Lecturers, Bank Managers, Accountants Published
The UK government has disclosed starting and experienced annual salaries for university lecturers, bank managers, and private practice accountants, with figures converted to Nigerian naira.
OPay and the Rise of Nigeria's New Economic Infrastructure
OPay is driving Nigeria's digital economy by building payment infrastructure, advancing financial inclusion, and supporting the CBN's Payment System Vision 2028.
Man Selling AC Water Shares Business Update, Reactions Pour In
A man who sells water from air conditioners shares an update about his business, sparking mixed reactions from Nigerians online.
Nigeria Discovers Major Polymetallic Mineral Province in Kaduna
Nigeria announces a world-class polymetallic mineral province in Kaduna, containing platinum group metals, gold, nickel, copper, lithium, and rare earth elements, boosting mining investment.
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FG discovers major platinum, lithium, rare metals in Kaduna
The Federal Government announced a major polymetallic mineral province in Kaduna with platinum, lithium, gold, and rare earths, boosting Nigeria's mining sector.
65-Year-Old Man Set to Sell N1.5M Building for N350M After 36 Years
A 65-year-old Nigerian man purchased a two-storey building for N1.5 million in 1990 and is now set to sell it for N350 million in 2026, highlighting massive real estate appreciation over 36 years.
Diesel Price Surges 86.40% to N3,277/Litre in May 2026
The National Bureau of Statistics (NBS) reports that the average diesel price in Nigeria rose 86.40% year-on-year to N3,277.47 per litre in May 2026, with Nasarawa recording the highest price.
NYSC Took Him to Iseyin for One Year, 11 Years Later He Still Calls It Home
Taiwo Samuel Ogunleye moved to Iseyin for NYSC in 2014 expecting one year; over a decade later, he calls it home, building a life and career in agriculture.
CIFCFIN Raises Concern Over ICAN’s Forensic Accounting Certification
CIFCFIN warns that ICAN's new forensic accounting certification, CFAN, may cause confusion, dilute standards, and undermine Nigeria's fight against financial crime.
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Petrol Price Up 55.31% to N1,596/Litre in May 2026
NBS reports average petrol price rose 55.31% year-on-year to N1,596.25 per litre in May 2026, with Edo, Bauchi, and Benue recording highest prices.
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