NiDCOM Chief Congratulates Rosaline as Islington Mayor
NiDCOM chairman Hon. Abike Dabiri-Erewa congratulates Rosaline on her election as Mayor of Islington, UK, praising her dedication to community service.
Category : Business
From N1,300 to N2,000/kg: Why Cooking Gas Prices Skyrocketed
Discover how seasonal logistics and holiday cooking rushes pushed cooking gas prices from N1,300 to nearly N2,000 per kg overnight in Nigeria.
Lagos Unveils Tenancy Bill to Curb Rent Hikes and Exploitation
Lagos State government introduces a new tenancy bill to curb arbitrary rent increases, illegal charges, and exploitation by unregistered estate agents, with mandatory registration and fast-track dispute resolution.
Ajaga Foundation Expands Youth and Welfare Support in Lagos
Sheriff Olasheni Ajaga expands youth empowerment and welfare support in Lagos through his foundation, targeting vulnerable groups with scholarships and vocational training.
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Choplife Gaming to Launch betPawa in Mali
Choplife Gaming secures PMU Mali license to launch betPawa, expanding mobile-first gaming in Africa with sports betting, casino, and mobile money.
SALI Tools Enters Nigeria, Vows Faster Delivery and Support
SALI Tools officially enters Nigeria with a new Lagos hub, aiming to improve delivery timelines and customer support for industrial tools across West Africa.
Nigeria's Oil Wealth Traps Niger Delta in Pollution, Poverty
A documentary reveals Niger Delta communities suffer from severe pollution and poverty despite decades of oil extraction, with 589 spills in 2024 alone.
DStv Shake-Up Looms as Canal+ Reworks Pricing and Adds Channels
Canal+ is overhauling DStv's pricing and content structure to attract budget-conscious subscribers, adding more channels and expanding FIFA World Cup coverage across all tiers.
NRC Suspends Warri-Itakpe Train Service Due to Operations
The Nigerian Railway Corporation suspends Warri-Itakpe train service for operational assessments to ensure safety and reliability, with resumption date to be announced soon.
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Dangote Refinery IPO to Transform Nigerian Capital Market
Dangote Refinery's proposed IPO, valued at up to $50 billion, could raise $5 billion and reshape capital formation in Nigeria, offering naira shares with dollar-linked dividends.
Kano Governor Approves ₦20,000 Eid Bonus for Workers
Kano State Governor Abba Kabir Yusuf has approved ₦20,000 for workers on Grade Levels 01–14 ahead of Eid-el-Kabir to ease financial burden.
Congo Grants Visa-Free Access to All Africans from 2027
Republic of Congo announces visa-free entry for all African nationals starting January 1, 2027, joining a growing list of countries promoting open borders across Africa.
Fatimah Bamisedun: Innovator Turning Fragmentation into Opportunity
Fatimah Bamisedun, founder of ANRE Solutions, discusses cross-sector interoperability, her journey from Industrial Chemistry to KPMG, and building systems that connect fragmented industrial and digital environments.
Dangote Refinery Reverses Diesel Price to N1,700
Dangote Refinery has reversed its diesel price cut, raising the ex-depot cost from N1,600 to N1,700 per litre effective May 27, 2026, to protect coastal traders amid rising global crude oil prices.
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World Bank Cancels $718 Million Nigeria Power Loan
Nigeria and World Bank cancel $717.7 million power sector loan amid crisis. Experts blame poor policy coordination and implementation failures.
NAICOM Issues First Insurtech Licence in Nigeria
NAICOM grants Nigeria's first operational insurtech licence to CBI Partering Insurtech Limited, marking a milestone in digital insurance expansion and regulatory innovation.
SEREC Seeks Balanced Regulation in Shipping Charges Row
SEREC urges balanced regulation protecting users and providers in Nigeria's maritime sector, following a petition against proposed shipping charge increases.
Cooking Gas Hits N2,000/kg, Strains Households
Cooking gas prices soar to N2,000 per kg in Nigeria, forcing families to ration usage and adjust meal plans amid rising costs.
Lagos State Targets 14,022 Housing Units by Year End
Lagos State Government has delivered 10,623 affordable homes over seven years and aims to reach 14,022 units by year end, despite a national deficit of 14.925 million units.
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Sahara Starts Bunkering in Mauritania to Boost Maritime Trade
Sahara Group has commenced bunkering operations in Mauritania after obtaining a 2026 licence, aiming to strengthen the country's maritime hub status and improve vessel efficiency.
Igbo Business Leaders, SEDC Partner for Southeast Growth
Igbo business leaders and the South-East Development Commission partner for economic development, launching a £500m venture capital fund to empower youth and curb brain drain.
Healthy diet cost doubles after fuel subsidy removal
The cost of a healthy diet in Nigeria has risen by 119% since fuel subsidy removal in 2023, now at N1,541 daily per adult, driven by animal source foods and inflation.
Lagos-Ibadan Expressway gridlock over Kara market
Commuters faced severe gridlock on the Lagos-Ibadan Expressway due to Eid-el-Kabir trading activities at Kara Cattle Market, with ram prices tripling amid rising costs.
MTN Plans Fibre Investments for 8 Million Homes
MTN Nigeria plans to invest more in fibre to connect eight million homes in three years, shifting from mobile to fixed broadband, says exec Tobe Okigbo.
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Champion Breweries Assures Investors of Sustainable Growth
Champion Breweries Plc reassures shareholders of sustainable growth despite economic challenges. Chairman Imo-Abasi Jacob highlights expansion, dividends, and new canning line.
$20B Guinea Port Project Leads Africa Maritime Growth
West and Central African nations eye $20B Guinea deep seaport to boost global trade competitiveness, with $27.8B in total port investments planned.
Nigeria's Economic Challenges and Path to Recovery
Nigeria faces economic hurdles including inflation and unemployment, but recovery is possible through policy reforms and diversification.
Petrol, Diesel Prices to Stay High as Crude Oil Above $100
The IEA warns that rising global crude oil prices above $100 per barrel will sustain high fuel costs, worsening Nigeria's energy crisis with petrol over N1200 per litre.
REA Expands Clean Energy Drive with Agro Deal
REA signs MoUs with NCX and YIN to boost clean energy, agro-industrial productivity, and innovation-led economic development in Nigeria.
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Leveraging Nigeria's Youth for National Growth
Nigeria's youthful majority can drive national growth through intentional policies, empowerment, and good governance, as highlighted in the annual Pastor E.A. Adeboye Public Lecture.
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