Nigeria's GI Inaction Costs Billions in Global Trade
Nigeria risks losing billions in export revenue by lacking Geographical Indication laws, while Ghana protects Kente. Experts urge urgent action to safeguard products like Adire and Benue yam.
Category : Business
Nigerian Woman's UK Success: 2 Cars, Company in 4 Years
A Nigerian woman who moved to the UK with nothing shares her inspiring journey of struggle and triumph. Discover how she built a healthcare company and bought two cars within four years.
ARCN Boss Demands Adequate Funding for SERVICOM
ARCN Executive Secretary Dr. Abubakar Dabban Adamu urges constant funding for SERVICOM to achieve 100% service delivery, especially in agriculture. Learn about the push for reform.
TIN Not Mandatory for Personal Bank Accounts - FG
The Federal Government clarifies that Tax Identification Numbers are only required for personal bank accounts used for business transactions. Learn the new rules before the January 2026 deadline.
Naira Weakens Against Dollar in Official, Black Markets
The Nigerian naira depreciated against the US dollar on Monday, December 1, dropping to N1,448.44/$1. Despite rising foreign reserves, currency pressure persists. Full details inside.
FG, ActionAid Unveil Plan to Transform Nigeria's Food System
Nigeria unveils a National Agroecology Strategy to build climate-resilient agriculture and empower smallholder farmers. Discover how this plan aims to secure sustainable food production.
Ecobank Nigeria Tender Offer for 2026 Eurobond
Ecobank Nigeria offers to buy back its outstanding 2026 senior Eurobond early. The move aims to optimize its balance sheet and strengthen its debt profile. Read details.
Industry Leaders Demand Excellence in Marketing Communications
NIPR and EXMAN presidents call for discipline, collaboration, and tech adoption to elevate Nigeria's marketing communications sector to global standards. Read more.
Nigeria Loses $10bn Yearly to Post-Harvest Waste
Nigeria loses up to $10 billion annually from post-harvest losses, threatening food security and economic growth. Agritech CEO Segun Alabi calls for urgent action on storage and logistics.
TotalEnergies Sells 40% Nigerian Offshore Stake to Chevron
TotalEnergies divests 40% stake in two Nigerian offshore licences to Chevron, forming a new joint venture to accelerate exploration in the West Delta basin. This marks a strategic realignment amid Nigeria's push for new oil investments.
National Debt Rises to N152.4 Trillion
Nigeria's public debt surges to N152.39 trillion as experts warn short-term investments threaten fiscal stability. State debts see historic decline. Read the full analysis.
Nigeria Hosts First International Airshow for Aviation Centenary
Nigeria marks 100 years of aviation with its first-ever International Airshow in Abuja, backed by Flybird AMSL & Minister Keyamo. Discover how this event bridges Africa's connectivity gaps.
FG Urged to Unlock N70tr Maritime Revenue for Debt
Olisa Agbakoba Legal urges FG to implement maritime reforms, unlocking N70 trillion yearly to service Nigeria's N152.4 trillion public debt and stop massive revenue losses.
NDIC Seeks NIESV Collaboration on Bank Depositor Safety
NDIC MD Thompson Sunday urges NIESV to deepen collaboration for accurate asset valuation in bank liquidation, crucial for protecting depositors' funds. Read more.
Business Confidence High as Firms Expand Inventory for Yuletide
Nigeria's private sector expands for 13th straight month. PMI at 53.6 points as companies build inventory for Christmas demand. Inflation eases, boosting business outlook for 2025. Read more.
Asian Markets Rise as US Rate Cut Bets Ease Japan Bond Fears
Asian stocks climbed Tuesday as weak US data fueled Fed rate cut optimism, offsetting concerns over rising Japanese bond yields. Samsung Electronics surged over 2% on its new triple-fold phone launch.
AI's Role in Fixing Nigeria's Tax Trust Deficit
Nigeria's new 2025 tax reforms face public skepticism. This analysis explores how Artificial Intelligence, not just policy changes, can build trust by ensuring transparency in revenue collection and spending.
5 Strategies for December Focus in Nigeria
Dr. Abiola Salami reveals five powerful strategies for Nigerian professionals to stay productive in December and gain a decisive edge for 2026. Don't let the holiday mode steal your momentum.
FITC: 3 Keys for Africa's Future Entrepreneurs
Dr Chizor Malize of FITC outlines innovation, resilience, and dynamism as essential for African youth to build sustainable enterprises. Learn the mandates for success.
Transafam Unveils Health Programme for Host Community Elders
Transafam Power Limited has launched an annual Elderly Wellness Day in Okoloma-Afam, Rivers, providing medical care and supplies. The initiative underscores its commitment to community health beyond power generation.
Pacific Island Office Aids Sanctions-Busting Oil Smuggling
A beachside office in the Cook Islands is being used by dozens of tankers to smuggle Russian and Iranian oil, undermining Western sanctions. New Zealand expresses alarm. Read the full investigation.
Expert Calls for Urgent Reforms in Nigeria's Energy Sector
Dr. Chinedu Ogwus calls for science-driven reforms in Nigeria's energy sector, highlighting a $28bn annual loss and unreliable power for 70 million citizens. Discover the roadmap for change.
Nigeria's GDP Hits 3.98% in Q3 2025
Nigeria's economy expanded by 3.98% in Q3 2025, fueled by strong performances in Agriculture, ICT, and Finance. Get the full breakdown of the NBS report and what it means for the nation's growth trajectory.
Barber's Shop Demolished After Huge Investment
A Nigerian businessman's fully-equipped barbing salon was demolished after months of work, leaving him devastated. He blames a terrible access road and a difficult landlord.
Nigeria's GDP grows 3.98% in Q3 2025, NBS reports
Nigeria's economy expanded by 3.98% year-on-year in Q3 2025, driven by services and agriculture. Get the full breakdown of sectoral performance from the NBS data.
New Airline Offers 60% Cheaper Abuja-Ilorin Fares
UMZA Air begins operations on the Abuja-Ilorin route with permanently low fares, sparking a rush for tickets. Analysts say this could break the fare monopoly and benefit North Central travellers.
Nigerian man's N2m flat has no water, light, rent hiked
A Nigerian man paid N2 million for an apartment only to find no water or electricity. After one year, his landlord issued a quit notice and raised the rent to over N3 million. Read his full story and tenant rights in Nigeria.
FAAN Reviews Past Recruitments, 300 Staff Affected
FAAN begins a major review of recruitment exercises from 2015-2017 and 2019, targeting alleged job racketeering. Over 300 staff, mainly in Fire Service and AVSEC, may be demoted. Read the full details.
Nigeria eyes $10bn from 50 oil blocks lease
Nigeria's NUPRC launches 2025 oil licensing round for 50 blocks, aiming to raise $10bn and boost output by 400,000 barrels per day. Discover the transparent bidding process.
US-UK Pharma Deal: Tariffs Lifted, NHS Drug Prices Rise
The US has exempted UK pharmaceuticals from import tariffs in a new trade deal. In exchange, Britain's NHS will pay 25% more for new US drugs. Read the full details and implications here.
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