Bayelsa, Kogi, Yobe Cheapest for Kerosene in April 2026
NBS reports average kerosene price rose 22.49% month-on-month to N2,976.94 per litre in April 2026. Bayelsa, Kogi, Yobe cheapest; Sokoto, Kebbi, Lagos highest.
Category : Business
Firm Partners APPN to Tackle Substandard Pipes in Construction
Kazeem Royal Properties partners APPN to combat substandard plumbing materials, boost quality and safety in Nigeria's construction industry.
Sokoto Gov Gives Pilgrims N450,000 Each for Hajj
Governor Ahmed Aliyu approved 1,000 Saudi Riyals (about N450,000) for each of the 2,410 Sokoto pilgrims in Saudi Arabia for the 2026 Hajj, as a Sallah support package.
Nigerian Graduate Dumps Certificate to Become Farmer in Village
A Nigerian graduate who returned to his village to start farming shares his journey. Despite community opposition and job rejections, he persists and gains online support.
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Global Heating Reshapes Mecca Climate, Hajj Pilgrims Face Heat
Global heating has fundamentally altered Mecca's climate, exposing millions of hajj pilgrims to extreme heat even outside summer. New analysis shows May temperatures regularly hit 40C (104F), making pilgrimage increasingly hazardous.
US Treasury Prepares $250 Bill with Trump Portrait
The US Treasury is preparing to print $250 bills featuring President Donald Trump's face, pending Congress approval to change the law prohibiting living presidents on currency.
Richest Chef 2026: Kimbal Musk Leads with $1.4 Billion
Kimbal Musk is the richest chef in 2026 with $1.4 billion. Alan Wong, Gordon Ramsay, and Nobu Matsuhisa follow in the top culinary fortunes ranked by net worth.
Nigerian Lady Loses 25 Broilers to Strange Disease
A Nigerian poultry farmer lost over 25 broiler chickens to cough and coccidiosis despite high biosecurity. Experts suggest sawdust and poor ventilation as causes.
Petrol Price Up 23.69% in April 2026, NBS Reports
The average petrol price in Nigeria rose to N1,532.93 per litre in April 2026, a 23.69% increase from last year. Yobe, Edo, and Bauchi recorded highest prices.
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BMONI, Mastercard Partner for Instant Cards in Nigeria
Mastercard and BMONI partner to launch instant Naira and US dollar virtual and physical cards, enabling seamless local and international payments for Nigerians.
ATC Decries Non-Implementation of Lagos Tourism Law
The African Travel Commission criticizes the Lagos State Government for failing to fully implement the Tourism Promotion Agency Law seven years after its passage, hindering sector growth.
AfDB Warns Africa Trade Finance Gap May Reach $86.6 Billion
The African Development Bank warns Africa's trade finance gap could reach $86.6 billion by 2027 due to geopolitical tensions, rising energy costs, and tighter credit conditions.
CPPE Hails 3.89% GDP Growth, Urges Stronger Capacity
CPPE praises Nigeria's 3.89% Q1 GDP growth, highlighting non-oil sector dominance but warns sustainable transformation needs industrialisation and higher value addition.
Unions Reject AfDB, World Bank Mission 300 Plan
Labour unions in Nigeria and Africa reject the AfDB-World Bank Mission 300 electricity initiative, warning it may increase debt without delivering sustainable power.
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Toyota Introduces 2026 RAV4 to Nigerian Market
Toyota-by-CFAO Nigeria launches the 2026 RAV4, offering global-spec SUVs with a 3-year warranty, nationwide service, and three variants. Deliveries begin immediately.
Union Bank Upgrades Lagos School via Employee-Led CSR
Union Bank's UnionCares programme renovates Ansar-Ud-Deen Primary School in Ebute-Metta, providing toilets, classrooms, borehole, generator, and learning materials.
Telcos May Introduce Data Calculator to Curb Complaints
Nigerian telcos are considering a data calculator tool to help subscribers measure usage and address rising complaints about data depletion.
Wema Bank Names 10-Year-Old as One-Day CEO for Children's Day
Wema Bank named 10-year-old Chinamanda Diamond Ozoakpata winner of its 2026 One-Day MD/CEO Children's Day, promoting financial literacy and early leadership among Nigerian children.
Tinubu Reforms: Macro Stability Amid Economic Survival Strain
Three years after President Tinubu's economic reforms, macroeconomic indicators show recovery, but Nigerians face rising costs and weak purchasing power.
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N4.65 Trillion Recapitalisation: Capital Market Matures
Nigeria's banks raised N4.65 trillion in a historic recapitalisation, signalling capital market maturity, investor confidence, and regulatory coordination, according to a report.
Talent Development Thrives with Ownership Mindset
Camille Petersen argues that talent development succeeds when managers and employees co-own growth, embedding learning into daily work for strategic workforce readiness.
Nigeria's Economy and Statistical Manipulation Analysis
An in-depth look at how fiscal opacity, hidden budgets, and data manipulation threaten Nigeria's economic stability and democratic trust.
African Airlines Cargo Demand Up 7.7% in April 2026
African airlines saw a 7.7% cargo demand increase in April 2026, surpassing the global average of 4%, while capacity dropped 9.4% year-on-year.
State airlines not in economic interest, says expert
Olufemi Adeniji, CEO of Nigame Aircraft Consultancy, criticizes state-owned airlines as unsustainable and a way to siphon funds, citing poor maintenance and lack of economic viability.
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Transport Reforms in Abia, Enugu: Progress and Pain
Enugu and Abia states push multimodal transport integration, but residents cite livelihood losses, inadequate compensation, and neglect of other sectors.
Nigeria Lags in Multimodal Logistics: Inefficiency, Corruption
Nigeria's multimodal logistics system is plagued by poor infrastructure, corruption, and fragmented regulation, driving up costs and weakening economic competitiveness.
NIHORT trains 67 farmers on plantain, banana varieties
NIHORT trained 67 farmers on rapid multiplication of new plantain and banana varieties HORTIPLAN and HORTIBAN, boosting productivity and food security.
IFSERAR, Alliance Farms Partner on Livestock Production
IFSERAR and Alliance Farms collaborate to advance data-driven livestock production, focusing on genetic improvement, nutrition, and digital monitoring to boost efficiency and productivity.
Companion Calls for Strategic Zakat System for Welfare
The Companion, an association of Muslim professionals, calls for a strategic zakat system to reduce poverty, distributing N133 million to 260 beneficiaries across six states.
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Cassava Sorbitol Production to Reduce Nigeria's Imports
Nigeria, the world's largest cassava producer, can produce sorbitol locally to meet industrial demand, reducing reliance on imports. A new plant in Oyo State leads the way.
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