Africa's $163bn Debt Crisis Needs EU Action
African leaders warn Europe must help break debt cycle as countries pay $163bn annually. Unsustainable debt hampers climate resilience and development across the continent.
Category : Business
N1.65trn PIA Funds Denied to Niger Delta
House Committee exposes how Niger Delta lost N1.65 trillion in environmental cleanup funds due to PIA implementation failures. Lawmakers demand immediate action.
US imposes $100 surcharge on foreign park visitors
The Trump administration announces $100 surcharge for foreign visitors to US national parks starting 2026. Annual passes triple to $250 for non-residents. Learn how this affects Nigerian travelers.
Rivers remains key oil investment hub - Fubara
Governor Siminalayi Fubara assures investors Rivers State is secure and open for oil and gas business. Discover opportunities in Nigeria's hydrocarbon heartland.
IUX Brokerage Grows 68%, Enhances Client Protection
IUX brokerage reports explosive 68% quarterly growth to $541B in trading volume. Discover their risk management safeguards including negative balance protection and segregated funds for Nigerian traders.
Reps query non-implementation of PIA environmental funds
House of Representatives committee warns of deepening ecological crisis in Niger Delta as ₦1.65 trillion environmental funds remain unimplemented four years after PIA enactment. Urgent action needed.
FG Denies Open Grazing Ban, Plans Ranching Transition
Federal Government clarifies open grazing is not banned, announces phased transition to modern ranching using 4.5M hectares of reserves. Learn about the new livestock development strategy.
FG Clarifies Tax Law Misconceptions for 2026
Federal Government clarifies misconceptions about new 2026 tax reforms. Most Nigerians will pay less or no tax. VAT removed from food, education, healthcare.
Cross River & REA Tackle Rural Power Crisis
Cross River State and REA launch clean energy partnership to end electricity blackouts affecting 15 LGAs. Initiative aims to transform rural economies and reduce generator dependency.
Petrol Workers Applaud NNPCL Health Insurance Scheme
NNPC filling station workers commend new health insurance scheme covering 7,000 employees. Workers urge NUPENG to conduct elections and private marketers to follow NNPCL's example.
NBS Reports Significant Drop in Nigerian Food Prices
NBS data reveals a welcome decline in prices of beans, garri, and maize in Nigeria for September 2025. Discover the latest food price trends and regional variations.
FG to Seize Dana Air Assets for Passenger Refunds
Aviation Minister Festus Keyamo directs NCAA to pursue Dana Air's assets to refund passengers after a damning safety report forced the airline's suspension. Read the full details.
Nigeria Bans Open Grazing to Stop Farmer-Herder Clashes
Federal government declares final ban on open grazing nationwide. Minister Maiha announces ranching alternative as solution to decades-long conflicts. Read full details.
St. Kitts & Nevis Citizenship: Nigeria's New Dream
Nigerian elites are securing St. Kitts & Nevis citizenship for visa-free global travel, tax benefits, and family security. Discover the limited-time offer for a family of four. Act now!
$50,000, Free Tablets for SMEs at AfCFTA Summit
Nigerian SMEs can win $50,000 in AWS credits and free tablets at the Mentor Matchup Challenge 7.0 summit in Lagos on Dec 4-5. Learn how to scale your business for AfCFTA markets.
IUX Trading Volumes Jump 68% Amid Rapid Growth
IUX broker reports 68% quarterly growth to $541B. Explore how their negative balance protection, zero stop-out, and segregated funds safeguard Nigerian traders in volatile markets.
EU spares Germany from budget rules over defence spending
European Union exempts Germany from budget deficit punishment due to increased defence spending. Learn how EU rules adapt to security threats.
Abia Seals Tinubu's Campaign Office in Umuahia
Abia State government has sealed President Tinubu's campaign office in Umuahia for violating tax laws. The action was taken by the Ministry of Lands and Housing on November 25. Read full details.
CBN Retains 27% Interest Rate to Combat Inflation
Nigeria's Central Bank maintains Monetary Policy Rate at 27% to stabilize prices. MPC keeps tight monetary stance as inflation shows signs of easing. Full details inside.
CBN Retains MPR at 27%, Delays Loan Rate Cuts
Nigeria's Central Bank maintains 27% interest rate to fight inflation. Businesses and borrowers face continued high loan costs as monetary tightening persists. Learn what this means for you.
5 Govt Loans & Grants for Nigerians Under Tinubu
Discover 5 government loan and grant schemes under Tinubu's administration helping Nigerians overcome economic hardship. Learn how to apply for NELFUND, CrediCorp, and more.
US Retail Sales Growth Slows to 0.2% in September
US retail sales cooled to 0.2% growth in September as consumers face higher prices and Trump's tariffs impact costs. Discover how value-hunting trends are reshaping spending.
EU to challenge China's rare earths dominance
EU industry chief Stephane Sejourne declares Europe must break dependence on China's rare earths, calling export controls a 'racket'. New strategy coming December 3.
Chinese mining CEO arrested in Kyrgyzstan
Kyrgyz authorities detain Chinese CEO of gold mining firm accused of major environmental damage amid growing anti-China sentiment. Read full details.
Nigeria's Money Supply Jumps to N117.8 Trillion
Nigeria's money supply surged by 75.9% to N117.78 trillion in two years, CBN data reveals. Experts warn this could trigger inflation if it outpaces economic productivity.
Naira Exchange Rate: CBN Sets N1,453/$ Amid $250M Injection
Naira strengthens against US dollar in official market, closing at N1,453.84/$1 after CBN's $250 million intervention. Get latest forex updates and market analysis.
Christmas Airfares Hit N800,000 as Airlines Face Crisis
Air Peace, United Nigeria, Aero Contractors raise ticket prices to South-East routes as aircraft shortage bites. Return tickets now cost N800,000 for Christmas travel.
Access Bank Unveils Detty Fusion for Festive Season
Access Bank introduces Detty Fusion, a CSR initiative connecting Nigerians to verified festive experiences while supporting SMEs and creative entrepreneurs during December celebrations.
CBN to ban serial bounced cheque issuers for 5 years
CBN proposes 5-year ban for serial dud cheque offenders to restore confidence in Nigeria's payment system. Stakeholders have 3 weeks for feedback.
Two Ogun factories sealed for safety violations
Federal Government seals True Metals Nigeria Limited and Phoenix Steel Mills in Ogun State over severe occupational safety breaches. Minister warns employers endangering workers' lives.
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