Ssonic Gas Foundation Launched to Support Vulnerable Nigerians
Dr. Ifeoma Douglas calls on Nigerians to complement government efforts in aiding the less privileged. The Ssonic Gas Company Foundation launch in Abuja distributed aid to thousands.
Category : Business
4.5m Nigerians to Get Climate-Smart Agric Empowerment
The Federal Government partners with UNESCO REF to train 4.5 million Nigerians in hydroponics and kenaf farming, boosting food security and climate resilience. Learn how this initiative promises significant income.
NUPRC's $10bn Licensing Round Hailed as Global Transparency Model
UK-based GETI commends NUPRC's digital licensing portal, projecting $10bn investment. A new benchmark for Africa's oil sector under Engr. Gbenga Komolafe's leadership.
Nigeria's Economy Grows 3.98% in Q3 2025
Nigeria's economy expanded by 3.98% in Q3 2025, with services and agriculture leading growth. The non-oil sector remains a key driver. Discover the full breakdown and what it means for the nation's economic outlook.
Naira Strengthens as Dollar Inflows Surge Over 64%
The Nigerian Naira receives a significant boost as dollar inflows into the FX market jump by 64.24% to $841.10 million, improving liquidity and strengthening the official rate. Read the full analysis.
BoI disburses ₦1.27tr to enterprises, supports 900,000 jobs
The Bank of Industry disbursed over ₦1.27 trillion across 14 sectors in 2024, supporting 900,000 jobs. The bank is expanding green finance and renewable energy investments to drive Nigeria's industrial transformation.
Oborevwori Unveils Cubana Millennium City in Asaba
Delta State Governor Sheriff Oborevwori has unveiled the Cubana Millennium City, a luxury real estate project by Obi Cubana, signaling strong investor trust in Delta's economy and security.
NNPC's N5.4trn Profit Sets New Public Sector Standard
Policy group CEAR praises NNPC's historic N5.4 trillion profit, crediting CEO Bayo Ojulari's leadership for resetting standards in Nigeria's oil and gas sector. Discover the details.
Lagos Tenancy Bill 2025: Offences & Penalties Detailed
The proposed Lagos State 2025 Tenancy Bill introduces strict penalties, including fines up to N1,000,000 and imprisonment, to curb exploitative housing practices. Learn the key offences for landlords, agents, and tenants.
NCDMB, BOI unveil $100m fund, local content hits 61%
NCDMB and BOI launch a $100m Equity Investment Scheme to boost indigenous oil & gas firms. Nigerian content performance rises to 61%. New rules make certificates non-transferable from 2026.
Soft Drink Tax Hike Risks Jobs and Inflation, CPPE Warns
The CPPE warns Nigeria's proposed excise duty increase on beverages may trigger job losses and worsen inflation. Experts urge broader public health strategies instead. Read more.
Fragrance Planet: 6 Years of Redefining Nigerian Perfume Industry
Founded by Kosiso Ilechukwu in 2018, Fragrance Planet celebrates over six years as a leading Nigerian perfume brand, offering affordable luxury scents from its Lekki flagship store. Discover their journey.
New Lagos Rent Law: What Landlords, Tenants Must Know
Lagos State proposes a new tenancy law to cap advance rent, regulate agents, and ban illegal evictions. Discover the major changes and what they mean for you.
MTN Network Outage Hits Three Northern States
MTN Nigeria alerts customers to a service disruption affecting 2G, 3G, and 4G networks in Kebbi, Zamfara, and Sokoto states due to a fibre cut. Engineers are working to restore connectivity. #MTN #NetworkOutage #Nigeria
FG Launches Device Credit for 15,000 Nigerians
The Federal Government, via CREDICORP, launches a national digital device credit programme to make smartphones and laptops affordable for over 15,000 working Nigerians, boosting digital inclusion.
SEC to Freeze Accounts of Ponzi Scheme Promoters
Nigeria's SEC vows to freeze accounts and seal offices of Ponzi promoters, warning of N316bn losses. Learn how to spot and avoid illegal investment scams.
German Economy in 'Deepest Crisis' Since WWII
Germany's economy faces its worst post-war crisis, with industry leaders urging urgent government action to reverse the decline. Read the full analysis.
OECD Raises 2025 Growth Forecasts for US, Eurozone
The OECD says the world economy has been 'surprisingly resilient,' raising its 2025 growth estimates for the US and eurozone. Discover the key drivers and potential risks, including AI valuation concerns.
Nigerian Banks Hit N33.24 Trillion in Customer Deposits
Ten Nigerian banks recorded over N33.24 trillion in savings deposits by September 2025, a 6.8% annual increase. See which Tier-2 banks led the growth and the latest CBN savings rates.
Bread Prices Skyrocket, Bakers Deny Flour Cost Drop
Nigerian bakers refute viral claims of a flour price crash, revealing high production costs keep bread prices steep. Learn why your loaf costs more and what's next.
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.
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.
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