NIBSS assures seamless festive e-payments
NIBSS promises hitch-free digital transactions this yuletide, backed by N384 trillion quarterly volume. FCCPC warns transporters against arbitrary fare hikes. Read more.
Category : Business
NCRIB Calls for Stronger Synergy Among Insurers
NCRIB President Ekeoma Ezeibe calls for a unified insurance industry to unlock Nigeria's economic potential. Learn how collaboration can drive growth and innovation.
Lagos, NIOB Partner on Physical Planning and Development
Lagos State Government commits to collaboration with NIOB to enforce building standards, ensure safety, and promote sustainable urban growth. Learn about the new regulatory push.
Greensand Project to Store CO2 Under North Sea in 2025
Denmark's North Sea, once an oil hub, will soon store imported European CO2. The Greensand CCS project, led by Ineos, aims to bury 400,000 tonnes annually, marking a major shift in fighting climate change. Read more.
Dave Uduanu Named JA Nigeria Board Chairman
Junior Achievement Nigeria appoints Dave Uduanu as its new Board Chairman, succeeding Olaniyi Yusuf after a decade. The organisation aims to expand its impact on youth empowerment.
Nigeria Rallies Businesses for National Biodiversity Plan
Nigeria intensifies efforts to halt biodiversity loss, mobilising private sector support for its 2025-2030 National Biodiversity Strategy. Business leaders convened in Lagos to shape a practical Business Action Plan aligned with global goals.
Nigeria's FIRS Hits ₦47.39 Trillion Revenue with Reforms
Nigeria's Federal Inland Revenue Service (FIRS) achieved record revenue of ₦47.39 trillion from 2023-2025 through major tax reforms and technology. Discover how new laws and digital systems are reshaping tax collection for 2026.
Why Investing in People Drives Long-Term Business Success
Dr. Cornelius Collins Balogun argues that sustainable growth in Nigeria hinges on leaders prioritizing human capital over short-term profits. Discover how people-focused leadership builds resilient organisations.
Dangote Issues N100bn Defamation Ultimatum
Aliko Dangote threatens a N100 billion lawsuit against Engr. Kailani Mohammed over alleged defamatory claims about his business past. The businessman has seven days to retract and apologize.
7 Steps for Nigeria to Become Africa's Energy Leader
Energy expert Canice Emeka outlines seven non-negotiable steps Nigeria must take by 2035 to become Africa's largest and most reliable energy powerhouse. Learn the plan.
Fire Destroys Sabuwar Lale Furniture Market in Kano
A devastating fire has razed the Sabuwar Lale furniture market in Kano, destroying dozens of shops and goods worth millions of naira. Traders are counting losses and pleading for government assistance. Read the full report.
Dangote Explains Higher Cement Price in Nigeria
Aliko Dangote attributes Nigeria's high cement prices to multiple taxes and levies. He explains why exported cement is cheaper and calls for reforms to ease the burden on local consumers.
Temvert Foundation Accredited for WTO Conference in Cameroon
Temvert Empowerment Foundation secures accreditation to attend the WTO MC14 in Yaoundé, Cameroon. Founder Temitayo Olatunde highlights the link between youth education and global trade benefits.
MRS, NNPC Stations Defy Dangote's Lower Petrol Price
Filling stations in Lagos and other cities are still selling petrol at N850-N990 per litre, ignoring Dangote Refinery's new N699 rate. Find out why prices remain high and when relief is expected.
CBN Projects Naira Stability, Lower Borrowing Costs for 2026
The Central Bank of Nigeria's latest survey reveals businesses expect naira stability and lower borrowing rates into 2026, despite ongoing challenges like insecurity and high taxes. Read the full report.
Christmas Traffic Chaos: Abuja-Imo Travellers Stranded
A traveller's video reveals severe gridlock on Lokoja road as Nigerians head home for Christmas. See the shocking footage of the standstill.
Rivers State Promises Open Arms to Investors at Trade Fair
Rivers State Investment Promotion Agency pledges to improve ease of doing business and tackle negative perceptions to attract investments. Key stakeholders call for protection of existing businesses.
Dangote Refinery Resumes Free Petrol Delivery at N699/Litre
Dangote Petroleum Refinery has resumed free nationwide petrol delivery to stations at a new price of ₦699 per litre, aiming to stabilise Nigeria's fuel market. Learn about the incentives and registration process.
Private Sector Joins Push for Stability in Nigeria
Key Nigerian private sector actors unite with civil society to design market-driven strategies for economic resilience and preventing violent extremism in fragile states. Discover the innovative plans.
Only 1.4% of Nigeria's budget goes to agriculture
Nigeria's agriculture sector gets a meager 1.4% of the federal budget annually, hindering mechanisation and food security. Experts call for urgent investment to combat rising food costs and insecurity. Read the full analysis.
Elon Musk's Wealth Hits $749bn, Widens Lead
Elon Musk's net worth surges to $749 billion, making him nearly $500 billion richer than Larry Page. Discover the Tesla and SpaceX deals behind this historic wealth leap.
Presidency Breaks Silence on Alleged Tax Law Alterations
The Nigerian Presidency rejects claims that newly signed tax reform laws were secretly altered. Atiku, Obi, and lawmakers demand investigation as Reps set up probe committee.
Naira Suffers Sharpest Fall Amid Deepening Dollar Scarcity
The Nigerian naira recorded its steepest depreciation in weeks, falling to N1,469.90 per dollar despite CBN interventions. Discover the causes and market outlook.
Indomie Clarifies NAFDAC Alert, Assures Product Safety
Dufil Prima Foods clarifies that the NAFDAC safety alert concerns a product not sold in Nigeria. The company assures consumers that locally made Indomie noodles are safe for consumption.
CBN Issues New Order to Banks on Foreign Card Use
The Central Bank of Nigeria directs Access, Zenith, UBA & others to improve foreign card acceptance, aiming to resolve transaction failures for tourists and returning Nigerians.
CBN Orders Banks to Accept Foreign Cards on ATMs, POS
The Central Bank of Nigeria mandates banks to reconfigure ATMs and POS terminals for international cards. New security measures for transactions above $200 daily are also introduced.
China's Rare Earths Mining Boom in Jiangxi Province
Explore how China's secretive rare earth mining in Jiangxi fuels global tech and defense, shaping trade wars and forcing EU and US to seek alternatives. Discover the strategic power buried in red soil.
Passengers forced to jump from Air Congo plane in Kindu
Passengers on an Air Congo flight were forced to jump from a Boeing 737-800 at Kindu Airport due to missing stairs. No injuries reported. Details on the aviation safety incident here.
Nigerian Farm Owner Uses Double Pay to Stop Workers' Holiday
A Nigerian farm owner reveals his strategy to keep workers during Christmas: double salary. The move has ignited a fierce online debate about capitalism, family time, and workers' rights. Read the full story and reactions.
ADC Alleges Forgery in Tinubu's Tax Laws
The ADC accuses President Tinubu of inserting draconian clauses into 2025 tax laws via forgery, demanding immediate suspension and a public inquiry. Read the full details.
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