Investors gain N1.7tr in NGX Santa-Claus rally

The Nigerian stock market's Santa-Claus rally intensified last week, adding N1.7 trillion to investor wealth. Market capitalisation hit N96.94 trillion as pre-Christmas buying boosted key sectors. Read the full analysis.

Dangote Demands Retraction or Faces N100bn Suit

Aliko Dangote gives Kaduna businessman Kailani Mohammed 7 days to retract libellous publication accusing him of 'unclean business' or face a N100 billion lawsuit. Full details.

NSIA's 2025 Review: $3B Assets, Key Projects

Nigeria's Sovereign Wealth Fund, NSIA, surpasses $3 billion in assets in 2025, launching major projects in healthcare, renewable energy, and tech innovation. Read the full review of a year of progress.

World Bank Approves $500m for Nigerian MSMEs

The World Bank has greenlit a $500 million package to boost credit access for Nigeria's MSMEs. The FINCLUDE project targets women-led and agribusiness firms to drive growth and jobs. Read more.

NOVA Bank Opens Owerri Office, Gets Land for HQ

Imo State Governor Hope Uzodinma pledges land for NOVA Bank's permanent regional headquarters in Owerri. The new flagship office aims to boost SME support and job creation across South-East and South-South Nigeria.

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.

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.

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.

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.

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.

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