The Federal Government has waived N3 billion in business name registration fees for MSMEs, leading to a surge in daily filings from hundreds to nearly 10,000. Over 60,000 businesses have registered, gaining access to funding and growth opportunities.
The Nigeria Labour Congress has warned of nationwide industrial action over recurring grid collapses, criticizing power sector privatization and rejecting tariff hikes while demanding state intervention.
A passenger train carrying 80 people derailed in Switzerland after being struck by a massive avalanche near Goppenstein. Police report likely injuries as rescue operations continue amid heavy snowfall.
A small plane crashed in Camarillo, Ventura County, California, on Sunday night, February 15, with both occupants rescued and hospitalized in critical condition. No structures were hit, and authorities are investigating the incident.
The Nigeria Customs Service has introduced a One-Stop-Shop initiative to streamline cargo clearance to 48 hours, aiming to eliminate duplicate inspections and reduce compliance costs for traders.
The Presidential Fiscal Policy and Tax Reforms Committee has dismissed viral claims that the Nigeria Tax Act 2025 imposes a 25% levy on building materials, construction funds, or bank savings. The committee clarified the law's actual provisions, which inc
United Bank for Africa (UBA) has launched a new diaspora investment platform to help Africans abroad move beyond remittances and build long-term wealth through banking, investments, pensions, insurance, and real estate services.
Nigeria commits to providing office facilities, naval ships, helicopters, and personnel for the Combined Maritime Task Force headquarters to combat transnational crime and enhance maritime security in the Gulf of Guinea region.
Electricity Distribution Companies in Nigeria have introduced new compliance requirements for corporate customers under the Nigeria Tax Act 2025. Ikeja Electric has set a February 20 deadline for businesses to submit identification documents to avoid serv
Nigeria's downstream petroleum sector faces a fierce price war as depot owners reduce petrol prices to around N780 per litre, competing with Dangote Refinery's N744 rate. Consumers benefit from lower pump prices, potentially stabilizing the fuel market am
A tragic mining pit collapse in Ebonyi State's Ikwo LGA has claimed three lives and injured four others, with illegal mining activities blamed for the incident.
The Tinubu administration clarifies that the Nigeria Tax Act 2025 imposes no 25% levy on construction materials, countering misinformation from former minister Rotimi Amaechi.
The Nigerian Exchange recorded a significant trading volume of 4.652 billion shares worth N193.326 billion in one week, with the All-Share Index gaining 6.16%. Financial services led the activity, while Zichis Agro Allied topped the gainers list.
A tragic mining pit collapse in Ebonyi State's Enyim Agalegu community has resulted in three fatalities and four injuries, sparking calls for safer mining practices and highlighting ongoing dangers in Nigeria's mining sector.
Access Bank is recruiting experienced professionals for branch manager, relationship officer, and Chinese desk manager positions across Nigeria. Requirements include business degrees and relevant banking experience.
Tetracore Energy Group has officially commissioned a new 60,000 Standard Cubic Metres per Day Auto Compressed Natural Gas facility in Ogere, Ogun State. This strategic investment aims to provide cleaner, cost-effective fuel for transportation and industri
Nigerian banks are in the final phase of meeting the Central Bank's March 2026 recapitalization deadline, with FCMB undergoing verification and other institutions exploring mergers, foreign investment, and capital raises amid fintech competition.
Intense competition among Nigerian petrol marketers has led to significant price reductions at filling stations, with Dangote Refinery lowering gantry prices and retailers adjusting pump rates to retain market share.
German engineering giant Siemens has formally restarted its $2.3 billion power agreement with Nigeria, aiming to boost grid capacity from 4,000MW to 25,000MW and end chronic electricity shortages through infrastructure overhaul.
NRS Executive Chairman Zacch Adedeji emphasizes that Nigeria's revenue reform success depends on leadership mindset transformation, not just policies or technology. He warns that hidden beliefs about control and perfection can undermine institutional chan
Renowned cleric Jerry Eze has unveiled a $525,000 grant program to support 100 young Nigerian entrepreneurs in agriculture, technology, and manufacturing sectors, with KPMG appointed to ensure transparent management.
Nigeria's currency market sees narrowing gap as Central Bank reopens dollar sales to BDCs. The naira posted weekly gain despite slight depreciation on Friday, reflecting recovery trends.
The Nigerian naira depreciated against the US dollar in both official and parallel markets on Friday, February 13, 2026, closing at N1,355.42/$1 at NAFEM. However, it gained against the Pound Sterling and Euro. Analysts cite strong FX demand and CBN's non
NPA Managing Director Dr. Abubakar Dantsoho calls on traders and investors to leverage new Export Process Terminals and partnerships to boost Nigeria's global trade competitiveness.
Zenith Bank founder Jim Ovia details starting with N20 million in 1990, growing to $4 billion in 20 years, and overcoming Nigeria's infrastructure challenges through BYOI strategy.
Nigeria's proposed sugar tax increase from N10 to N130 per litre could raise drink prices by 20-50%, impacting health, jobs, and consumer budgets amid debates on effectiveness and equity.
AMNI International Petroleum Development Company Limited has dismissed reports of receivership, clarifying that a Federal High Court order pertains only to limited administrative functions in the Cenroc dispute.
Valentine's Day in Nigeria drives massive consumer spending, benefiting businesses like florists, restaurants, and hotels. This article explores the top seven sectors cashing in on the love season, highlighting economic impacts and challenges.
A Nigerian woman's viral TikTok post about leaving her banking job on January 1, 2026, to start her own business has ignited widespread reactions and discussions about career transitions.
Kano Electricity Distribution Company introduces ATM-enabled self-service kiosks in partnership with FUCIL Datatech Limited to simplify electricity payments and drive digital transformation.