Verve Issues 100 Million Payment Cards Across Africa
Verve International celebrates issuing 100 million payment cards, a landmark for Africa's digital economy and financial inclusion. Discover how this homegrown brand is reshaping payments.
Category : Business
Nigerian Lady Builds Business Place from Scratch, Video Viral
A young Nigerian entrepreneur's joy after building her business place from the ground up has inspired many. Watch the transformation and see the reactions. #SuccessStory #Nigeria
CBN Removes Cash Deposit Limits, Raises Withdrawal Cap
Nigeria's Central Bank has abolished cash deposit limits and raised weekly withdrawal thresholds to N500k for individuals. New policy takes effect January 2026.
EU Agrees to Ban All Russian Gas Imports by Autumn 2027
The European Union has struck a landmark deal to end all imports of Russian gas by 2027. Get the full timeline and details on this major energy shift.
Nigerian domestic airfares skyrocket 150% for festive season
Nigerians face soaring airfares and tough travel choices this festive season as ticket prices surge up to 150% on major routes. Get the latest price breakdown and expert analysis.
Nigeria Stock Market Gains N1.29trn, ASI Rises 1.20%
The Nigerian Exchange closed positive on Tuesday, December 2, 2025, with investors gaining over N1.29 trillion. The All-Share Index rose by 1.20%. Read the full market analysis.
NNPC, Depots Slash Petrol Prices After Dangote's Move
Nigerians get relief as petrol prices drop nationwide. NNPC and private depots cut rates after Dangote Refinery's pledge to supply 50 million litres daily, sparking intense market competition.
CrediCorp's New Credit Scheme for Smartphones, Laptops
CrediCorp launches a digital device credit programme to help over 15,000 Nigerians afford smartphones and laptops. Apply now to boost your productivity and join the digital economy.
CBN Sets 72-Hour Deadline for Banks to Refund Fraud
The Central Bank of Nigeria issues strict new rules forcing banks to refund fraud victims within 16 days. Learn how this impacts you and the fight against financial crime.
Airbus cuts 2025 delivery forecast over A320 panel quality issue
Airbus reduces its 2025 aircraft delivery target from 820 to 790 due to a supplier quality issue on A320 fuselage panels. The company says up to 628 jets may need inspection.
REVOO Electric Motorcycles Launch in Nigeria
Transsion's REVOO brand launches 4 electric motorcycle models in Lagos, promising lower costs and eco-friendly rides. Discover the A11, A12, C32 & E52 specs.
EU to Ban All Russian Gas Imports by Autumn 2027
The European Union has agreed to ban all Russian gas imports by 2027, aiming to cut off funds for Moscow's war. Discover the timeline and implications for energy security.
Spain's Pork Industry on Alert Over Swine Fever Outbreak
African Swine Fever detected in Spanish wild boars, causing major trade disruptions. Nigeria's importers should monitor the situation closely for potential market impacts.
Indian rupee hits record low past 90 per dollar
India's rupee falls to a historic low beyond 90 against the US dollar, driven by foreign outflows and stalled US trade talks. Analysts see a new market-aligned approach from the central bank. Read more for the full analysis.
Christmas Cash Demand Hits New Highs in Nigeria
Nigerians are scrambling for physical cash ahead of Christmas, driven by fears of ATM downtimes. The CBN tightens oversight as over N4.4 trillion remains outside banks. Read the full analysis.
Contractors Protest N760bn Debt, Disrupt Ministry
Indigenous contractors block the Federal Ministry of Finance in Abuja, demanding payment of N760 billion for completed 2024 projects. The protest disrupts government activities as financial distress deepens.
Nigeria's Telecom GDP Contribution Hits 9.1% in Q3
Nigeria's telecom sector demonstrates resilience, contributing 9.1% to GDP in Q3 2025. Driven by mobile data demand and 5G rollout, the industry remains a key non-oil pillar. Discover the full economic impact.
Food Bank Targets 40m Nigerians in Hunger Intervention
MATAN Food Bank launches an automated digital initiative to provide direct food access for over 40 million Nigerians, backed by the House of Representatives. Read how this plan tackles the nation's food crisis.
Africa's Private Wealth Exodus Threatens Development
Experts in Lagos warn that Africa's development is stunted by massive private wealth flowing offshore. Building local Family Offices is key to keeping capital at home. Read more.
OPay Clinches SERAS 2025 Social Impact Award
OPay wins the prestigious SERAS 2025 Award for Social Impact. Discover how its ₦1.2B scholarship and empowerment programs are transforming lives across Nigeria.
IXPN Links Digital Economy to Local Internet Traffic
IXPN's MD, Muhammed Rudman, says localising internet traffic is vital for Nigeria's digital economy, boosting speed, security, and saving millions. Learn why this is a national imperative.
Asian Markets Up Ahead of US Jobs, Inflation Data
Most Asian markets gained Wednesday, tracking Wall Street, as investors await crucial US jobs and inflation data that will shape the Federal Reserve's rate decision next week. Read more.
Edo Land Revocation Sparks Investor Nightmare
The alleged revocation of Presco Plc's C of O by the Edo State government risks billions in agro-investments and 15,000+ jobs. Will political moves derail the state's economic growth? Read more.
Why Rare Earth Metals Are Crucial for Tech and Energy
Discover how 'rare earth' metals from China power everything from smartphones to fighter jets. As the EU plans to boost production, learn why these elements are a global strategic chip.
NNPC's ₦5.4trn Profit Shows Impact of Reforms
NNPC Limited's record ₦5.4 trillion profit for 2024 is hailed as proof of successful reforms under Bayo Ojulari. Discover how operational discipline and commercial changes are reshaping Nigeria's oil and gas sector.
UK Group GETI Praises NUPRC's $10bn Licensing Round
UK's GETI commends NUPRC for transparent $10bn oil licensing round. Digital portal for 50 blocks aligns Nigeria with global best practices, boosting investor confidence. Read more.
San Francisco sues food giants over ultra-processed products
San Francisco files a landmark lawsuit against major food producers like Kellogg and Nestle, alleging they knowingly caused a public health crisis. Read the full details.
Keyamo Apologises for Nigeria Airshow, Promises Better Future
Aviation Minister Festus Keyamo apologised for the poor outcome of the maiden Nigeria International Airshow but pledged significant improvements for future editions. Read his full vision for Nigeria's aviation future.
Man Finds Tree He Planted in School 15 Years Ago
A Nigerian man revisits his Lagos secondary school to find the tree he planted 15 years ago standing tall. His heartwarming story inspires many online. Read more.
Trump Eyes Economic Adviser Hassett for Fed Chair Role
President Donald Trump suggests Kevin Hassett could be his pick for Federal Reserve Chairman. Get the full details on this potential nomination and its implications.
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