Small-cap stocks surge 417.5% in four months
Five small-cap stocks on the NGX delivered an average year-to-date gain of 417.5%, driven by retail inflows and speculative appetite, with combined market cap rising to N1.63 trillion.
Category : Business
Alake Urges Stronger African Alliance in Mineral Sector
Nigeria's Minister of Solid Minerals, Dr. Dele Alake, calls for enhanced regional cooperation among African nations to strengthen the continent's position in global mineral supply chains.
Nigeria Raises Crude Prices as Oil Glut Fears Grow, Dangote Hikes Petrol
Nigeria increases crude prices amid oil glut fears. Dangote refinery raises petrol depot price to N1,275 per litre, sparking concerns of retail pump prices hitting N1,500.
Nigeria Loses 24m Tonnes of Topsoil Yearly, FG Warns
Nigeria loses 24 million tonnes of topsoil yearly due to erosion, threatening food security. Germany commits $2.2 million to improve soil health.
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Pre-Engagement Sessions Key to Minimum Wage Harmony
NECA's Director-General, Adewale-Smatt Oyerinde, advocates pre-engagement sessions with labour to prevent industrial crisis ahead of 2027 minimum wage negotiations.
Airlines, airport users decry FAAN's multiple charges
Stakeholders criticize FAAN's multiple charges at Nigerian airports, saying high fees on passengers, airlines, and businesses hinder growth and increase costs.
Oyetola Inaugurates Institute of Maritime Studies at UNILAG
Minister Adegboyega Oyetola unveils the Institute of Maritime Studies at UNILAG, emphasizing knowledge-driven development and human capital growth for Nigeria's blue economy.
African airlines cargo demand up 7% in March
African airlines saw a 7% year-on-year increase in air cargo demand in March, the strongest globally, while global demand fell 4.8% due to Middle East crisis.
Club Distributes Food to 30 Lagos Families in Outreach
Bossmind Club provided food items to 30 vulnerable families in Lagos as part of its anniversary outreach, aiming to ease economic hardship and support the community.
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Turning NiMet's Rainy Seasons Warning Into Action
NiMet's 2026 Seasonal Climate Prediction warns of longer rainy seasons in Lagos and 12 other states, demanding urgent action from governments, farmers, and communities to mitigate risks.
Nigeria's Green Tax: Climate Action or Revenue Drive?
Nigeria's 2026 green tax on vehicles sparks debate: is it climate action or a revenue grab? Experts question its effectiveness amid weak infrastructure and inequality.
Distribution and Local Partnerships Key in Nigeria's Consumer Market
In Nigeria's consumer market, distribution and local partnerships are crucial for growth. BIC Nigeria highlights how structured networks and local manufacturing drive success.
Campaigners Urge Restoration of Environmental Health Units
Campaigners call for urgent restoration of local government environmental health departments to combat malaria, emphasizing sanitation and vector control over revenue generation.
AMJON to recognise Ahmed, Funmilayo, others at confab
AMJON will honour Dr. Prevail Ahmed, Dr. Festus Nwiue, Comrade Hannah Funmilola, and others at its 2026 conference in Lagos, focusing on port efficiency and technology.
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Is Nigeria Rich or Poor? Detailed Analysis
Nigeria is a lower-middle-income country with a GDP per capita of $824, yet 63% of its population experiences multidimensional poverty, creating a wealth paradox.
Stakeholders Urge Innovation and Private Investment for Africa Livestock
At an Abuja forum, stakeholders called for innovation, private capital, and stronger partnerships to revive Africa's livestock sector amid rising food demand and climate pressures.
DLM Launches 'My DLM Story' Campaign for Talent Development
DLM Capital Group launches 'My DLM Story: Rising Through the Ranks' campaign, highlighting employee career growth and internal progression through structured opportunities.
Oando Foundation Awards N20m to 10 Youth Innovators
Oando Foundation disburses N20m to 10 young innovators in its Green Youth Upskilling Programme, expanding with a second cohort in Lagos.
Rotimi Bankole's Rise from Mentee to Media Mogul
Rotimi Bankole, mentored by Dr Ken Onyeali Ikpe, now leads SBI Media. Their story highlights mentorship's role in building lasting leadership.
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ActionAid Warns Against Farmland Conversion to Residential Areas
ActionAid Nigeria warns that converting farmlands to residential use worsens food insecurity, highlighting barriers for smallholder women farmers and youth.
Cooking Gas Prices Surge in Nigeria: NBS March 2026 Data
The average cost of cooking gas in Nigeria rose sharply in March 2026, with 5kg cylinders hitting N7,655.73 and 12.5kg at N19,652.83, driven by global tensions and inflation.
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From Idea to Scale: Why Africa's Entrepreneurs Must Apply to ABH Now
Africa's Business Heroes (ABH) offers $1.5M prize pool, mentorship, and visibility. Applications extended to May 7, 2026. Founders must apply now.
Alake Seeks Stronger Africa Alliance in Mineral Economy
Dr Oladele Alake urges African nations to unite for greater control of mineral value chains, stressing that cooperation under AMSG is key to economic transformation.
Robert Rushing Net Worth and Low Key Life with Toya Johnson
Discover Robert Rushing's net worth, biography, career as a sports manager, marriage to Toya Johnson, children, and more about the fitness entrepreneur.
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Dangote Jet Fuel Exports Surge as Airlines Lament Shortage
Dangote refinery capitalizes on strong global jet fuel margins, exporting to Europe, while Nigerian airlines struggle with soaring prices and supply shortages.
Bayelsa Bridge Completion Brings Joy to Communities
Residents of Sabagriea and Polaku in Bayelsa celebrate the completion of a long-neglected bridge, reducing travel time to Yenagoa from two hours to 15 minutes.
North-West Climate Summit Targets Investment, Jobs, Green Growth
The North-West Climate Summit 2026 aims to reposition the region from climate vulnerability to a hub for investment, resilience, and green economic growth.
ACCI Roundtable to Bridge Funding Gap for Women Businesses
ACCI hosts a stakeholder roundtable on non-interest funding for women-owned businesses to improve financial inclusion and expand access to capital for female entrepreneurs.
Senate Fast-Tracks Yuguda’s CBN Deputy Governor Confirmation
The Senate swiftly advanced Lamido Abubakar Yuguda's confirmation as CBN Deputy Governor, granting him a 'take a bow and go' privilege to bypass questioning.
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Ibukun Awosika leaves Cadbury Nigeria board after 15 years
Ibukun Awosika steps down from Cadbury Nigeria Plc board after 15 years, effective May 1, 2026. She served since October 2009 and is a former First Bank chairman.
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