The Presidency has clarified President Tinubu's ₦3.3 trillion debt settlement plan for power generation companies, stating it's a structured reform effort based on verified claims rather than a reward for unverified obligations.
The World Bank has called on Nigeria's Federal Government to reopen petrol imports to boost competition and lower prices, sparking reactions from marketers and energy experts.
Private depot owners have reduced petrol prices across Nigeria to compete with Dangote Refinery, with ex-depot rates now ranging from N1,210 to N1,240 per litre. This price war is expected to benefit consumers in the coming days.
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Discover the remarkable journey of Ezekiel Izuogu, who built Nigeria's first fully indigenous car, the Z-600, in 1997, and the challenges that prevented its mass production.
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Nigerian digital publishers are learning from sports-driven audiences how to implement practical affiliate workflows. Mobile habits and faster campaign tools are reshaping monetization strategies as attention spans shorten and user journeys become more co
A Nigerian remote worker shares his positive experience with a solar inverter purchased in 2024, highlighting cost savings and productivity gains amid frequent power outages.
Nigerian households face a 5% increase in cooking gas prices due to rising global crude oil costs, driven by Middle East tensions. Dangote Refinery and depot owners adjust rates swiftly, impacting family budgets.
Governor Umo Eno has received the feasibility report for the Ibom Deep Seaport, reaffirming his administration's commitment to moving the project toward implementation. The report outlines a PPP framework and plans for a regional transhipment hub.
MTN Group has granted performance shares worth approximately N463.7 million to its Nigeria CEO Karl Toriola as part of a broader equity incentive plan for senior executives. The shares will vest over three years and are tied to specific performance target
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A Nigerian man recounts his experience applying for jobs at CBN and NNPC, highlighting how a friend with a first-class degree was selected on merit, sparking reactions on social media.
A Nigerian remote worker is saving for a 2.5 KVA solar inverter with lithium batteries to avoid generator noise and fuel stress, sharing his progress on social media as he approaches the 50% payment needed for installation.
The Central Bank of Nigeria has dismissed false social media claims about Polaris Bank's liquidation, labeling them as misinformation and reaffirming the stability of Nigeria's banking sector.
A Lagos-based e-hailing driver shares a detailed cost breakdown showing how advertised earnings of N60,000-N100,000 daily often shrink to just N3,000-N5,000 profit after fuel, commissions, and personal expenses.
Iran has issued guidance for vessels to use alternative routes in the Strait of Hormuz due to sea mine risks, following a temporary reopening as part of a ceasefire with the US.
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Iran faces severe economic hardship with inflation surging past 50%, sharp price increases for essentials, widespread job losses, and a collapsing currency following recent conflict and sanctions.
President Bola Tinubu has inaugurated the newly completed Ojota-Opebi Link Bridge in Lagos, describing it as a catalyst for economic growth. The 5.04km project, conceived during his governorship, was unveiled alongside the LAGIS Building and BATAC adminis
A young Nigerian businesswoman has gone viral after revealing her 2.5 million Naira investment in a 7kVA solar inverter and tubular batteries to combat constant blackouts affecting her cake and pastries business.
Nigeria's electricity supply remains critically low at 3,000-4,000MW, weeks after Power Minister Adebayo Adelabu promised improvements. Gas shortages, payment disputes, and infrastructure limitations continue to plague the sector despite government assura
The Association of Licensed Set Top Box Manufacturers of Nigeria accuses the National Broadcasting Commission of undermining due process and stalling the digital switch-over project, warning of legal consequences.
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Nigerians, especially tricycle riders, are lamenting the enforcement of multiple road taxes across states, contradicting the Federal Government's ban. Operators detail high costs, extortion, and systemic issues that drain earnings.
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Residents in seven northern Nigerian states will face scheduled power outages from April 9 to May 22, 2026, as authorities upgrade transmission infrastructure to improve grid reliability and efficiency.
A Ugandan lady, Simpo Gladys, has commended the staff at Murtala Mohammed International Airport for their professional conduct during her recent visit, contrasting it with her experience two years ago when officials reportedly begged for dollars.
Venezuela's interim president Delcy Rodriguez announced a wage hike effective May 1st, addressing workers suffering from hyperinflation and economic collapse.
The Arewa Youth Consultative Forum endorses the National Assembly's move to extend Tantita Security Services' pipeline surveillance contract, citing reduced vandalism and economic benefits.
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Dangote Petroleum Refinery has reduced its ex-depot diesel price to N1,750 per litre, a N200 drop from N1,950. The adjustment follows the resumption of loading operations and comes amid global oil market volatility.
The Central Bank of Nigeria introduces enhanced BVN guidelines to combat banking fraud. Key measures include one-device limits, transaction caps, and stricter verification for device switching.
Electricity consumers in seven northern Nigerian states will face six weeks of scheduled power outages due to maintenance on the Jos-Gombe transmission line, aimed at modernizing the national grid.
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Baobab Microfinance Bank Nigeria has officially moved its headquarters to 129 Ikorodu Road, Lagos, marking a strategic expansion to improve financial accessibility for small businesses and individuals across Nigeria.
Nigeria's $76 billion telecoms sector faces a severe infrastructure theft crisis, with 656 critical power assets stolen in 2025 and vandalism escalating into 2026, causing network outages and financial losses.
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The Nigerian naira appreciated by N15 to close at N1,371.82 per dollar in the official market, even as foreign reserves fell by $1.08 billion amid global tensions. Analysts link the decline to reduced inflows, while the IMF urges stronger buffers.
