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 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'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.
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.
Nigerian manufacturers oppose a Senate bill to raise sugary drink taxes to 20%, fearing massive job losses. Health Ministry backs the tax for public health funding. Read the full debate.
Tesla's sales surge 34.6% in Norway, setting a new annual record, while facing a sharp decline across the EU. Read about the factors driving this Nordic success story.
Airbus confirms a supplier quality problem affecting some A320 metal panels, causing a stock plunge. The issue is contained, with fewer than 100 planes grounded for a separate software fix.
UBA MD Oliver Alawuba cautions Nigerians to treat loans responsibly as bank lending hits N46.7 trillion. CIBN also addresses 'Japa' impact with new fund. Read more.
Nigeria has completed the headquarters of the $5 billion Africa Energy Bank in Abuja. Minister Heineken Lokpobiri confirms all host obligations are met, paving the way for operations to begin. Read more.
Lagos slashes rice price to N57,000 per 50kg bag, triggering market-wide reductions. Farmers forecast further price drops ahead of Christmas but criticize import policies. Read for full market analysis.
The FCTA has revoked 1,095 property titles in Abuja's elite districts for non-payment of statutory charges. High-profile names like Patience Jonathan and Ganduje are on the list. Enforcement begins November 25, 2025. Read the full details.
Lagos Governor Babajide Sanwo-Olu advocates for a transformative economic partnership between Nigeria and South Africa at the Nigeria-South Africa Chamber of Commerce's 25th-anniversary event. Discover the new strategic vision.
The Securities and Exchange Commission (SEC) Nigeria is transforming the capital market with new laws, investor protection, and tech. Market cap hit N91.3 trillion in November 2025. Discover the blueprint for economic prosperity.
PAC Asset Management reinforced its dedication to generational wealth building at the 2025 Isimi Lagos Polo Festival. Discover how luxury, sustainability, and investment converged.
Taxtech explains Nigeria's new progressive tax law: minimum wage earners pay zero tax, low-income workers see lower rates, boosting purchasing power. High earners pay more.
A US Navy officer and a female flight instructor are presumed dead after their Cessna Skyhawk crashed into Lake Pontchartrain. Search operations have been suspended. Read the full story.
Dangote Refinery increases cooking gas price to N820 per kg, triggering nationwide retail hikes just before Christmas. Analysts question the move amid favourable global oil trends. Read more.
Nigerians get festive relief as rice prices drop significantly. A 50kg bag now sells for around N60,000 due to improved local harvests and border reopening. Read more.
Airbus detects a 'supplier quality issue' on some A320 metal panels, causing a stock plunge. This is the second problem for the jet in a week. Read the full details and market impact.
The CPPE warns that the Senate's plan to increase excise duty on non-alcoholic drinks is economically disruptive and threatens jobs. They urge its withdrawal. Read more.
Britain withdraws funding for TotalEnergies' Mozambique LNG project, citing national interests. The $20bn project, paused after a deadly 2021 attack, faces new hurdles. Read more on the implications for Africa's energy sector.
Britain withdraws funding for TotalEnergies' Mozambique LNG project, citing national interests. The $20bn project, halted by jihadist violence, faces new hurdles. Read the full analysis.
Finance experts at an ICAN event in Ibadan call for urgent policy reforms, economic diversification, and boosted local production to stabilise Nigeria's economy ahead of 2026, warning against inflation and oil reliance.
Nigeria's manufacturing sector contributed N584.63bn to VAT revenue in the first half of 2025, leading all sectors despite economic challenges. Read the full NBS report analysis.
Women in Maritime and Energy (WIME) celebrates Nigeria's re-election to IMO Council Category C, calling it a win for Africa's maritime leadership and a boost for the blue economy. Read more.
French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron subsidiary. Deal aims to develop new opportunities in Nigeria's oil sector.
French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron. The deal aims to derisk and develop new opportunities in Nigeria's oil sector. Full details inside.
Nigeria loses an estimated $10 billion yearly due to post-harvest losses, threatening food security. Expert Segun Alabi calls for urgent action on storage, processing, and turning waste into wealth.
OPEC confirms Nigeria's oil production quota remains at 1.5 million barrels per day until December 2026 to ensure global market stability. Read the full details.
Nigeria's comprehensive Tax Act 2025 takes effect Jan 1, 2026. This guide explains new rates, deductions, and how to calculate your tax as a salary earner or freelancer.