Nigeria Customs Deploys Tech, Seizes N760m Goods
Nigeria Customs Service deploys new tracking technology nationwide, intercepts 20 containers worth N769.5m in Kano. Read how tech is fighting economic sabotage.
Category : Business
Ogun Assembly Commends Housing Ministry on GRA Regeneration
Ogun State House of Assembly lauds Housing Ministry for affordable housing and GRA regeneration. Commissioner unveils plans for an International Conference Centre, Appeal Court complex, and more. Governor appoints new Statistician-General.
Fed's Williams Sees No Urgency for Further Rate Cuts
New York Fed President John Williams says recent US inflation data was distorted by a government shutdown and Black Friday sales, advising patience on further interest rate cuts. Get the full analysis.
EU-Mercosur Trade Deal Postponed to January 12
The historic EU-Mercosur trade pact, creating the world's largest free trade zone, faces delay due to farmer protests. A new signing date is now targeted for January 12 in Paraguay. Get the full details.
Conoil Pays ₦2.43bn Dividend to Shareholders for 2024
Conoil Plc announces a massive ₦2.428 billion dividend payout for 2024, rewarding shareholders with 350 kobo per share. Discover how the company achieved 60.5% revenue growth amidst Nigeria's economic challenges.
Rome Imposes €2 Fee for Trevi Fountain Access
Rome will charge visitors €2 to access the Trevi Fountain from February 1, 2025, to manage crowds. Free viewing from a distance remains. Find out the details.
FAAN Cracks Down on Airport Extortion for Christmas Travel
FAAN activates strict measures against staff extortion & deploys over 80 security personnel at Lagos airport to manage festive traffic. Read details on new cashless system & terminal updates.
Air India Crash: Victim Families, Survivor Get Compensation
Following the 2025 Air India Boeing 787 crash, interim compensation has been paid to the lone survivor, victims' families, and ground survivors. Total liabilities reach hundreds of millions of dollars. Read the full report.
Naira's 2025 Recovery: How CBN Policies Made the Difference
The Naira staged a remarkable recovery in 2025, closing stronger than 2024. Discover the 4 key CBN FX policies that drove stability and what experts predict for 2026.
New Lagos Bill: Jail, Fine for Abusive Landlords
Lagos State's new Tenancy Bill proposes severe penalties, including N1m fines and jail, for landlords who harass tenants or evict without court orders. Read the full details.
Dangote Fuel Price Drop to ₦739 Goes Viral
Nigerians celebrate as Dangote Group reduces fuel price to ₦739 per litre. A young man's viral post declares 'Dangote has won the battle.' Read the public's reaction.
Senate Confirms New NMDPRA, NUPRC CEOs After Resignations
The Senate has confirmed new heads for Nigeria's oil regulatory bodies following the resignations of Farouk Ahmed and Gbenga Komolafe amid serious corruption allegations from Aliko Dangote. Read the full details of the scandal and swift political response
HFM Score & Roar Promotion: Win BMW, UK Trip
HFM's exciting Score & Roar promotion combines football passion with trading. Register now for a chance to win a BMW 4 Series, an all-expenses-paid UK Premier League trip & more. Ends Feb 28, 2026.
Nigeria 5th in Africa for Lowest Fuel Prices
Nigeria emerges as the 5th African nation with the cheapest fuel, thanks to the Dangote Refinery's impact. See the full top 10 list and analysis of pricing factors.
Naira Depreciates as Dollar Demand Outpaces CBN Supply
The Nigerian naira weakened further at the official forex market, trading at ₦1,457.84 per dollar. Analysts cite weak inflows and high demand, but remain hopeful due to strong external reserves.
Fidson Healthcare Plans N21 Billion Capital Raise
Fidson Healthcare Plc announces a N21 billion rights issue to boost manufacturing and African expansion. The offer is priced at N35 per share for existing shareholders. Read more.
Transcorp Hilton Abuja Lights Up 2025 Christmas Tree
Transcorp Hilton Abuja officially launched the 2025 holiday season with its annual Christmas Tree Lighting Ceremony. The event featured performances, special guests, and unveiled festive packages for guests.
PANDEF Endorses Tinubu's Oil Sector Reforms
The Pan-Niger Delta Forum has endorsed President Tinubu's oil and gas reforms, praising key appointments but calling for greater inclusion of local professionals and expanded environmental cleanup. Read more.
₦2M Grants Disbursed to Emerging Entrepreneurs in Lagos
The Carol & Prince Arheghan Foundation has disbursed ₦2 million in grants to four young entrepreneurs at its 2025 Business Summit in Lagos. The initiative aims to boost grassroots business development and youth empowerment in Nigeria.
Nigeria's Economy to Grow 4.2% in 2026 - Economist
A PwC Nigeria economist forecasts 4.2% economic growth for Nigeria in 2026, driven by reforms and key sectors, but warns of risks like insecurity and inflation. Read the full analysis.
Man's Joy Over Company's December Package of Food Items
A Nigerian employee expresses joy after his company gifts staff 50kg rice, oil, and frozen chicken as a December package. See the reactions online!
Dangote Refinery Slashes Petrol Price to N699, Offers Free Delivery
Dangote Petroleum Refinery announces a N699 per litre gantry price for petrol station owners, with free nationwide delivery and a 10-day credit facility. IPMAN urges members to patronise the refinery.
French Budget Fails, Political Gridlock Worsens
French lawmakers fail to agree on 2026 budget, deepening political crisis. Prime Minister Lecornu faces setback as deficit concerns grow. Read the full analysis.
Otedola Acquires N14.8bn First HoldCo Shares, Stake Hits 18%
Billionaire Femi Otedola consolidates control of First HoldCo, buying N14.8bn shares to raise his ownership stake above 18%. Discover the details of this strategic move.
How Nigeria's Banking Giants Conquered CBN Recapitalisation
An in-depth review of Nigeria's banking recapitalisation exercise. Discover which 16 banks have met the CBN's new capital requirements and the impact on the financial sector. Read the full analysis now.
NNPC Petrol Price List: Abuja N835, Lagos N840, Gombe N965
NNPC releases new petrol prices nationwide ahead of Christmas. Abuja is now the cheapest at N835 per litre, while Gombe is the most expensive at N965. See the full state-by-state breakdown here.
US Visa Ban Threatens Nigeria's $4 Billion Economy
Economists warn Nigeria could lose up to $4 billion in annual remittances due to new US travel restrictions. The ban disrupts business, education, and investment flows.
Africa's Digital Payments Hit $2 Trillion, Nigeria Leads
A new report reveals Africa processed $2 trillion via instant payments in 2024. Nigeria's NIP system is rated highly, but fraud concerns remain a key barrier to wider adoption. Learn more.
Mexican budget airlines Volaris and Viva agree to merge
Volaris and Viva, two leading Mexican low-cost carriers, have agreed to merge, pending 2026 regulatory approval. The deal aims to expand affordable air travel in Mexico amid industry turbulence. Read the full details.
Oracle Stock Volatility Reflects Wall Street's AI Doubts
Oracle shares, a barometer for AI market sentiment, swing wildly amid project financing concerns and a major TikTok deal. Discover the risks and rewards of the AI infrastructure boom.
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