LAWMA Urges Proper Waste Disposal to Prevent Flooding
LAWMA calls on Lagos residents to adopt proper waste disposal habits to maintain cleanliness and prevent flooding, especially during the Easter period.
Category : Business
Africa Could Raise $469 Billion Yearly in Tax Revenue: AfDB
The African Development Bank states that African nations could boost tax revenue by $469.4 billion yearly through digital tools and stronger enforcement, addressing a critical shortfall in funding for development.
Policyholders Become Co-Owners via Blockchain Insurance
MAIDS launches Nigeria's first blockchain-enabled mutual insurance model, approved by NAICOM, shifting policyholders to active co-owners with tokenized premiums and profit-sharing to boost transparency and access.
Bankable Solutions Key to Nigeria's Green Transport Success
Nigeria's shift to green transport hinges on making projects financially viable for businesses, with private sector innovation and inclusive design crucial for a sustainable transition from policy to practice.
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AXA Mansard Health Backs AMSA Conference for Healthcare Innovation
AXA Mansard Health Limited sponsors the 2026 Association of Medical Students of Africa Conference, signaling a strategic push for healthcare innovation and talent development across the continent.
NGX Gains N837bn Amid Strong Corporate Performance
Investors on the Nigerian Exchange Limited gained N837 billion last week, driven by improved full-year financials from listed companies and new share listings, despite mixed sectoral performance and declining trading activity.
Nigeria Seeks Policy Reforms to Scale Black Soldier Fly Larvae for Feed
Stakeholders at an ILRI roundtable in Ibadan urge urgent policy changes, investment, and research coordination to adopt Black Soldier Fly Larvae as a sustainable protein source for livestock feed, targeting integration by 2030.
Kuku Highlights Nigeria's Aviation Investment Prospects
FAAN MD Olubunmi Kuku states Nigeria's aviation sector offers strong investment opportunities due to market fundamentals, government reforms, and expanding infrastructure, positioning it as a key hub in West and Central Africa.
MeCure Redeems N3 Billion Bond, Boosts Market Trust
MeCure Industries Plc has fully redeemed its N3 billion Senior Secured Bond on schedule, highlighting the company's strong financial management and solid cash flow. The CFO emphasized this milestone strengthens investor confidence and supports future grow
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Irele Tower Launches EDGE-Certified Green Offices in Lagos
Irele Tower, a nine-storey EDGE-certified building, has opened in Lagos Free Trade Zone, offering 12,000 sqm of office and retail space with 26% less energy and 46% less water use than conventional structures.
AXA Mansard Launches Women's Financial Mentorship Drive
AXA Mansard Investment Limited has launched a mentorship initiative targeting young professional women in Nigeria to enhance financial literacy and investment participation, addressing gender gaps in wealth creation.
Baby Born on Caribbean Airlines Flight to New York
A Caribbean Airlines passenger gave birth aboard Flight 005 as it approached JFK Airport on April 5. Air traffic control recordings reveal the dramatic moments, with the pilot requesting a direct approach and medical personnel ready upon landing.
Pepsi Pulls Wireless Festival Funding Over Kanye West Backlash
Pepsi has ended its sponsorship of the Wireless Festival following public backlash over Kanye West's headline booking, citing concerns over the rapper's controversial history and statements.
Power, Talent Gaps Threaten Nigeria's Hospitality Growth
Hospitality entrepreneur Adegbe Ogbeh warns that infrastructure deficits, talent shortages, and economic pressures are major constraints for Nigeria's hospitality sector, despite steady growth and rising standards.
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Bank Recapitalisation Challenges Persist, Says Cardoso
CBN Governor Yemi Cardoso highlights ongoing challenges in Nigeria's banking recapitalisation, aimed at strengthening financial resilience and supporting economic growth, with over ₦4.65 trillion raised.
Nigerian Big 5 Banks Double Staff Wage Bills in 2025
Nigeria's largest tier-one banks, known as FUGAZ, collectively spent approximately N1.23 trillion on personnel expenses in 2025, marking significant increases from 2024 due to inflation, salary adjustments, and expanded hiring across the sector.
Tinubu Approves $2bn Power Debt Deal to Boost Electricity
President Bola Tinubu has approved a 3.3 trillion naira ($2 billion) payment plan to settle legacy debts in Nigeria's power sector, aiming to improve electricity supply and financial stability nationwide.
Tinubu Approves N3.3trn Electricity Debt Payment Plan
President Bola Tinubu has approved a N3.3 trillion payment plan to settle legacy debts in Nigeria's power sector, aiming to enhance electricity reliability and support economic growth through comprehensive reforms.
Ifedayo Agoro Launches Women Entrepreneurs Empowerment Program
Ifedayo Agoro, founder of Dang! Lifestyle, introduces a comprehensive one-year program designed to empower women entrepreneurs through mindset shifts and profit strategies, addressing unique barriers in business development.
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FG Reassures Nigerians on CNG Safety After Kaduna Blast
The Federal Government has reassured Nigerians on the safety of compressed natural gas (CNG) following an explosion in Kaduna, emphasizing its strong safety record and ongoing investigations.
69 Nigerian Barge Firms Liquidate, N211.9bn Lost
High charges, foreign dominance, and regulatory bottlenecks have forced 69 indigenous barge operators into liquidation, wiping out over N211.9 billion in investments. Only 14 of 83 registered firms remain active.
Tangerine's Women's Month: Impact Beyond Celebration
Tangerine Insurance marked International Women's Month with a dual approach: visiting a female correctional centre in Lagos and hosting a symposium on women's leadership in Africa, emphasizing empathy and systemic change.
Naira's Mixed Performance Against Dollar as CBN, GTBank Set New Rates
The naira weakened slightly at the official market but held steady in the black market, with GTBank showing appreciation. Experts attribute stability to CBN's remittance policy for IMTOs.
Man Shows Father's 1999 CBN Award, Amazes Nigerians
A London-based Nigerian man reveals a Central Bank of Nigeria award honoring his father's 20 years of service in 1999, sparking social media buzz and discussions on legacy and wealth.
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Lawyer Sues Airline Over 'Seat-Only' Business Class Policy
A Lagos-based lawyer, Dr. Sheriff Abiodun Adesanya, has filed a lawsuit against Air Peace Limited at the Federal High Court in Lagos, challenging the airline's 'seat-only' business-class upgrade policy. The suit alleges misrepresentation and breach of con
Air Peace London Route from Gateway Airport Announced
Air Peace CEO Allen Onyema announces plans for international flights from Gateway International Airport to London, praising the facility's world-class infrastructure and expansion plans by Governor Abiodun.
Air Peace to Launch London Flights from Gateway Airport
Air Peace, Nigeria's largest airline, plans to start international flights from Gateway International Airport in Ogun State to London this summer, as announced by CEO Allen Onyema.
Air Peace London Flights from Ogun Gateway Airport This Summer
Air Peace announces plans to operate flights from Gateway International Airport in Ogun State to London Gatwick and Heathrow this summer, boosting Nigeria's aviation sector.
PETAN, Akwa Ibom Sign MoU for Oil and Gas Growth
The Petroleum Technology Association of Nigeria (PETAN) and Akwa Ibom State Government have signed an MoU to jointly develop oil and gas assets, aiming to enhance investment, infrastructure, and economic value in Nigeria's energy sector.
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Fuel Imports Surge as Marketers Rival Dangote Refinery
Independent marketers like Bovas and Matrix Energy are intensifying fuel imports, bringing PMS and diesel to Nigerian ports to compete with Dangote Refinery, potentially stabilizing supply and easing prices.
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