How Much to Be Considered Rich in Nigeria? Explained
Discover the income thresholds for being considered rich in Nigeria. Earning ₦2 million monthly places you among the top earners. Learn more.
Category : Business
NELFUND Denies Suspension of Student Upkeep Allowances
NELFUND refutes fake reports of student upkeep suspension, warns against AI-generated misinformation, and confirms continued disbursement.
Power Grid Vandalism: A National Economic Emergency
Nigeria loses ₦15 billion daily due to electricity infrastructure vandalism. This crisis of poverty, crime, and policy failure demands urgent action.
Nigeria Signs Aviation Development Deal with AfDB
Nigeria signed a Letter of Intent with the African Development Bank to boost aviation development and infrastructure across Africa.
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Segilola Resources Commissions Water Factory, Road in Osun
Segilola Resources commissions community-owned water factory and road projects in Osun, creating over 80 jobs and boosting economic growth.
Forex Brokers from Seychelles Top 5 Picks 2026
Discover the top 5 Forex brokers from Seychelles for African traders in 2026, focusing on trust, reliability, and modern trading platforms.
Nigerian Solar Engineer Displays Fast-Charging Battery
A Nigerian solar engineer shared a viral post about a 16kWh battery that charges extremely fast. The post sparked reactions from netizens concerned about installation safety.
Tinubu Hails Olanipekun's Healthcare Donation in Ekiti
President Tinubu commends Chief Wole Olanipekun for donating a modern healthcare facility in Ikere-Ekiti, highlighting private sector's role in improving rural health systems.
SEDC Unveils Winners of SE Venture Capital Programme
The South East Development Commission reveals winners of its first Venture Capital Pitch Competition, supporting startups in healthcare, AI, clean energy, and more.
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AfDB Appoints Keyamo Champion for $7bn Africa Aviation
AfDB appoints Nigeria's Festus Keyamo as African Champion for $7bn Integrated Aviation Transformation Programme, aiming to revolutionize Africa's air transport sector.
NATOP South West Inaugurates Oyo State Chapter
The Nigeria Association of Tour Operators inaugurates its Ibadan chapter, marking a milestone for the South West Zone and Oyo State.
NESREA Advocates Circular Economy as Experts Call for Clean Energy
NESREA intensifies circular economy advocacy at UI symposium, with experts urging clean energy transition and fossil fuel phase-out for sustainable development.
Lagos yet to implement tourism promotion agency law
Seven years after the Lagos State Tourism Promotion Agency Law was passed, the state government has not fully implemented it, says Dr. Lucky George of ATC.
CPPE Hails 3.89% Q1 GDP Growth, Urges Stronger Capacity
CPPE praises Nigeria's 3.89% Q1 2026 GDP growth but warns reliance on commerce is unsustainable, calling for deeper industrialisation and value addition.
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Kerosene Prices Near N4,000 per Litre, NBS Data Shows
New NBS data reveals household kerosene prices approaching N4,000 per litre in some Nigerian states, driven by inflation and energy market pressures.
PTML Customs Records ₦181bn Revenue, New Chief Vows Reforms
PTML Customs Command records ₦181bn revenue milestone as new Acting Controller Nura Miko pledges integrity-driven reforms and efficient trade facilitation.
Monthly vs Annual Rent in Nigeria: Which Is Better in 2026?
Compare monthly and annual rent in Nigeria for 2026. Understand financial burden, flexibility, hidden fees, and landlord acceptance to choose the best option for you.
ICT Firms Partner for Secure Cloud Communication
Galaxy Backbone and Simba Infrastructure partner to deliver secure, locally hosted cloud communication solutions for public and private sectors in Nigeria.
ECOWAS: Nigeria to Be 5th Richest Globally in 50 Years
ECOWAS forecasts Nigeria could become the world's fifth richest country within 50 years, driven by regional trade expansion and economic reforms.
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Ondo Adopts Federal Salary Scale for Health Workers
Ondo State adopts federal salary scale for health workers, plans to recruit more medical personnel to strengthen healthcare delivery, says Governor Aiyedatiwa.
Kano Ranked Best State for Raising Family in Nigeria
SBM Intelligence ranks Kano as the best state to raise a family in Nigeria, surpassing Lagos and Abuja. Cross River comes last in the eight-state assessment.
CBN Halts Rate Cuts Over Global Inflation Worries
The Central Bank of Nigeria has paused interest rate cuts due to global disinflation risks and economic uncertainties, signaling caution in monetary policy.
Young Nigerian Man Shows Massive Egg Yield from Noiler Chicken Farm
A young Nigerian man who started noiler chicken poultry farming months ago shows off the many eggs his chickens have produced, sparking interest in his feeding methods.
Nigerian Investors Lose N889bn in Stock Market Slump
Nigerian investors lost N889 billion in one day as the stock market closed lower ahead of the Sallah break, driven by sell-offs across major sectors.
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Chelsea Demand £120m for Enzo Fernandez
Chelsea will demand a club-record £120m if Enzo Fernandez pushes for a summer move to Real Madrid, making him the third most expensive sale in English football history.
Kano Amirul Hajj Greets Pilgrims in Mina for Sallah
Kano State Amirul Hajj, Emir of Gaya, Dr. Aliyu Ibrahim Abdulkadir, led a delegation to pilgrims' tents in Mina, Saudi Arabia, to convey Sallah greetings and urge prayers for peace and development.
Fahmy Named Mondelēz West Africa Managing Director
Ayman Fahmy has been appointed Managing Director for West Africa at Mondelēz International, effective May 15, 2026. He will lead Cadbury Nigeria and drive market expansion.
Dangote Refinery Can Save Nigeria N15 Trillion Yearly
Dele Oye says Dangote Refinery can save Nigeria N15 trillion yearly in fuel import costs and generate $11 billion forex through local refining and exports.
Meta Launches Paid Subscriptions for Instagram, Facebook, WhatsApp
Meta has launched global paid subscriptions for Instagram, Facebook, and WhatsApp, offering premium features to reduce ad dependency and diversify revenue.
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Kenya Now Leads Nigeria in Startup Capital Attraction
Kenya has overtaken Nigeria as Africa's leading venture capital destination, capturing nearly one-third of the continent's $3.1 billion funding in 2025, according to a new report.
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