Nigeria Launches Language Toolkits for AfCFTA Trade
Nigeria unveils simplified trade toolkits in English, Hausa, and Arabic to ease business under AfCFTA, targeting SMEs and informal traders.
Category : Business
CBN New Transfer Charges: Sending Above ₦10,000 Costs ₦60
The Central Bank of Nigeria introduces zero fees for transfers below ₦5,000, while higher-value transfers may cost ₦60 due to stamp duty changes.
Jigawa, UNICEF Vaccinate 2.6M Children Against Polio
Jigawa State and UNICEF vaccinated over 2.6 million children against polio, exceeding the target with 116% coverage. Non-compliance cases were addressed through community engagement.
Experts Call for Enforcement of Anti-Tree Felling Laws
Experts urge Nigerian governments to enforce anti-tree felling laws and support regenerative agriculture to combat climate change, deforestation, and land degradation.
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Over 80% of Women-Owned Businesses in Nigeria Lack Credit Access
The Federal Government reveals that over 80% of women-owned businesses in Nigeria lack access to formal credit, limiting growth. Stakeholders urged to improve capital access.
Man Borrowed N20k, Now Owes N86k After 247 Days
A Nigerian man who borrowed N20k from a loan app laments after seeing his outstanding debt of over N86k after 247 days, sparking mixed reactions online.
Naira Beats African Currencies, Appreciates 6.7% in 2026
The naira tops African currencies in 2026 with 6.7% gain against the dollar, driven by policy reforms and improved forex supply, despite external reserve decline.
12 States with Highest Petrol Prices in Nigeria After Iran War
Anambra tops list at ₦1,441.22 per litre in March 2026, followed by Sokoto and Borno. Regional disparities highlight fuel cost burden on motorists.
Waltersmith Starts Petrol Production, Competes with Dangote
Waltersmith Petroman Oil Limited expands refinery to 10,000 bpd, adding petrol and aviation fuel, boosting local production and competition in Nigeria's downstream sector.
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FG Reaffirms Safety and Economic Benefits of Biotech Crops
NBRDA advocates biotechnology crops for food security, assuring safety of GM crops in Nigeria after rigorous evaluation by biosafety agency.
Guardian Cartoon: Nigeria's Economic Struggles
A satirical cartoon highlights Nigeria's economic woes, including inflation, currency devaluation, and the rising cost of living.
Transcorp Power Declares N41.25bn Dividend, Revenue Up
Transcorp Power Plc declared a total dividend of N41.25 billion for 2025 as revenue rose to N398.27 billion, driven by capacity expansion and operational efficiency.
African Wealth Fuels Global Mobility Demand
High-net-worth Africans increasingly seek global mobility solutions for wealth protection and expansion, says Savory & Partners CEO.
NUPENG President Commits to Workers Welfare and Union Growth
Salimon Oladiti, new NUPENG president, vows to enhance workers' welfare, strengthen the union, and build on predecessors' achievements at the Quadrennial Delegates Conference.
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GIG Mobility CEO Urges Tech Adoption for Transport Efficiency
GIG Mobility Nigeria CEO Dr Enahoro Okhae calls for wider technology adoption in the mobility sector to improve travel convenience and drive the future of transportation in Nigeria.
56 Startups Join SIA Foundry 3.0 Bootcamp in West Africa
SIA Startup Foundry 3.0 kicks off with 56 startups from Nigeria, Ghana, Ethiopia, focusing on AI, edtech, and agritech, with 30% female-led.
Freight forwarders condemn sale of empty containers in dollars
Freight forwarders condemn Grimaldi Group's sale of empty containers in USD, calling it a threat to Nigeria's economic stability and the Naira.
NACCIMA Decries Red Tape Hindering Non-Oil Export Trade
NACCIMA raises concerns over low export participation by MSMEs, unveils Export Express Support Centre to simplify processes and boost non-oil exports.
Zenith Bank Opens Côte d'Ivoire Subsidiary to Expand in West Africa
Zenith Bank Plc has launched a subsidiary in Côte d'Ivoire to strengthen its presence in Francophone West Africa and boost financial intermediation within the WAEMU region.
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Stakeholders Back Gas, Balanced Energy Mix for Growth
Prof. Barth Nnaji and other stakeholders advocate for natural gas and a balanced energy mix to drive Nigeria's economic growth, citing infrastructure and policy gaps.
LASG Unveils N10bn Cooperative Fund, Industrial Policy
Lagos State launches a N10 billion cooperative fund and industrial policy 2025-2030 to drive Africa's industrial agenda, targeting MSMEs and infrastructure.
BIC Nigeria Pledges Job Creation, Long-Term Investment
BIC reaffirms commitment to Nigeria, focusing on local partnerships, supply chain investment, and job creation to drive sustainable growth.
Nigeria to Boost China Partnership for Affordable Housing
Nigeria strengthens ties with China to tackle housing deficit through modular tech. Minister Darma unveils reforms with KPIs, targeting urban renewal and slum upgrades.
Rural Women Empowerment Key to Food Security – NGO
NEWOMCII urges Nigerian government to support grassroots agriculture, empowering women in farming, arts, and crafts to enhance food security and self-reliance.
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Health, Business Outreach for Ikotun Traders Despite Rain
Gbonse Foundation for Economic Development held a medical and business outreach for Ikotun Market traders despite heavy rainfall, offering health checks, loans, and support.
Afriland Properties Hits N4.07bn Revenue, Declares Dividend
Afriland Properties Plc reports N4.07bn revenue for 2025, up 8% from prior year. Gross profit rises to N3.51bn. Dividend of 24 kobo per share approved.
Argentil Group Unveils New Brand, Signals Growth Shift
Argentil Group unveils a new corporate identity, marking a transition to a more ambitious phase focused on capital allocation and Africa's economic growth.
Abia LIFE-ND Disburses Capital to 616 Graduates
Abia LIFE-ND project begins disbursement of startup capital from ₦472,000 to ₦1.2 million to 616 trained youths and women in agriculture, aiming to boost food security and reduce unemployment.
Transcorp Power Declares N41.2bn Dividend for 2025
Transcorp Power Plc declares N41.2 billion dividend for 2025, as shareholders approve results at 13th AGM in Abuja. Revenue rises to N398.27 billion.
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Housing Minister Resumes, Vows Sustainability in Projects
New Minister of Housing Muttaqha Rabe Darma resumes duty, promising sustainability in housing projects and urging occupants to maintain homes, not rely on government.
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