10 Essential Places to Explore in Ibadan, Nigeria
Discover Ibadan's rich cultural heritage and hidden gems through these 10 iconic locations, from historic landmarks like Cocoa House to natural wonders like Ado Awaye Suspended Lake.
Category : Business
Lagos Port Agents Protest Shipping Charge Increase
Freight forwarders in Lagos ports have shut down operations at major shipping firms, protesting increased charges and demanding immediate reversal before any dialogue.
10 Must-Visit Destinations in Ibadan, Nigeria
Explore Ibadan's rich history and culture with these 10 essential spots, from colonial landmarks to serene natural escapes, offering a unique glimpse into Nigeria's timeless heritage.
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8 Passport Mistakes That Could Ruin Your Trip
From using your passport as a rental deposit to traveling with damaged pages, these eight common passport errors can lead to denied boarding, entry refusal, or legal issues. Learn what every traveler must avoid to ensure smooth journeys.
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NALDA Vows to Move Nigerians from Poverty to Prosperity
The National Agricultural Land Development Authority (NALDA) has reiterated its commitment to transform Nigeria's agricultural sector and lift millions from poverty to prosperity, as announced by Executive Secretary Engr Cornelius Adebayo at a recent lead
IBEDC Announces Power Outage in Osun After Heavy Rainfall
The Ibadan Electricity Distribution Company has announced power outages affecting multiple communities in Osun State due to heavy rainfall, technical faults, and maintenance work, with restoration efforts ongoing.
Event Planner Shares Male Worker's Unprofessional Comment
An event planner and space designer, Ngozi Igbo, has publicly shared a message from a male worker she employs, criticizing his unprofessional remark on her personal video.
Rice Hits N61,000 as Food Prices Surge Ahead of Eid in Nigeria
Food prices in Nigeria have skyrocketed ahead of Eid al-Fitr, with rice reaching N61,000 per 50kg bag. Ramadan demand and rising logistics costs drive inflation, threatening household budgets nationwide.
Sallah Packages Reach 1,000+ Families in Niger State
A humanitarian foundation has provided essential food items to over 1,000 families in Niger State ahead of Eid Al-Fitri, aiming to ease economic pressures during the festive season.
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Nigeria's First I-REC Sale Boosts Carbon Market Growth
Solad Power Group sells its first International Renewable Energy Certificates, marking a key step in Nigeria's clean energy transition and aligning with a national framework projected to generate $3 billion annually by 2030.
Dangote Refinery Raises Cooking Gas Prices Amid Global Pressure
Dangote Refinery has increased its cooking gas price to N800/kg, with depot owners charging even higher rates. Analysts link this to rising global crude oil prices and Middle East tensions affecting supply chains.
Naira Slips to N1,353/$ as CBN Releases New Dollar Rates
The Nigerian naira depreciated to N1,353 per dollar in the official window amid rising foreign exchange demand, while external reserves fell slightly to $49.83 billion. Global oil prices surged due to Middle East tensions.
Shippers' Council Urges Dialogue as Freight Forwarders Protest MSC
The Nigerian Shippers' Council has urged freight forwarders to engage in dialogue over tariff disputes with MSC, warning that industrial actions could harm the economy. Protests continue despite calls for talks.
Imported Petrol Cheaper Than Domestic by N94 as Imports Surge
Nigeria's downstream oil sector sees a N94.53 per litre price gap favoring imports, with 249,000 metric tonnes of fuel recently arriving. Retail prices remain high, sparking debate over import policies and local refining capacity.
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NAMA Deploys Mobile Control Tower at Lagos Airport
The Nigerian Airspace Management Agency has deployed a mobile control tower at Murtala Muhammed International Airport, enhancing safety and operations after a fire damaged facilities.
QNET Nigeria Emphasizes Consumer Communication at WCRD Event
QNET Nigeria highlights the critical need for transparent communication between companies and consumers to combat misinformation and ensure product safety during a Lagos consumer rights event.
Ethiopian Airlines Resumes Addis Ababa-Atlanta Flights
Ethiopian Airlines announces the resumption of its direct passenger service between Addis Ababa and Atlanta, restarting on May 21 after a temporary suspension in February.
NOVA Bank Names Jude Anele as Managing Director and CEO (19.03.2026)
NOVA Bank Limited has appointed Jude Anele as its Managing Director and CEO, following CBN approval. With over 33 years of banking experience, Anele will lead the bank's growth strategy post-recapitalisation.
Experts Urge Policy Shift to Turn West Africa's Green Energy into Assets
German experts at the WACEE conference in Lagos called for a policy shift to transform West Africa's green energy into sustainable livelihoods and investable assets, emphasizing reliable renewable sources and stable regulatory frameworks to attract global
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Daniel, Osoba Hail Newspapers' Resilience at Awards
Former Ogun State governors Gbenga Daniel and Olusegun Osoba commended Champion Newspapers Limited for its resilience amid Nigeria's economic challenges at its annual awards in Lagos, honoring over 50 individuals and organizations for excellence.
N1 Billion Fund Launched for Women-Led Businesses by BOI and MTN
The Bank of Industry and MTN Nigeria Foundation have unveiled a N1 billion partnership fund to support women-led businesses across Nigeria through the Y’ellopreneur 3.0 programme, providing equipment financing and training for 200 female entrepreneurs.
Logistics Workers Lament Rising Fuel Costs, Seek Aid
The Courier and Logistics Services Staff Association of Nigeria calls for regulatory reforms and palliatives to address escalating fuel prices impacting operational costs and supply chains.
Nigeria's Current Account Surplus Drops 26% to $14.04B
Nigeria's current account surplus fell sharply by 26% to $14.04 billion in 2025, driven by declining oil exports and rising imports, as the Central Bank of Nigeria reports ongoing pressures on external accounts.
Deap Capital Unveils N3bn Plan and Debt Restructuring
Deap Capital Management & Trust Plc has announced a N3 billion strategic investment plan and conversion of N2.03 billion debt to equity to strengthen its financial position and drive sustainable growth.
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CBN Requires Automated AML Systems for Banks and Fintechs
The Central Bank of Nigeria has issued new guidelines requiring banks, mobile money operators, and other financial institutions to deploy automated anti-money laundering systems to enhance financial crime detection and compliance.
Africa's Public Debt Nears $1.2 Trillion Amid Fiscal Strain
A new S&P Global report projects African nations will borrow $155 billion in 2026, pushing total sovereign commercial debt above $1.2 trillion, driven by refinancing needs and fiscal demands.
AI Bag Radar Cuts Baggage Issues at Airports
SITA introduces Bag Radar, a cloud-based AI analytics tool that predicts and prevents baggage mishandling at airports like MMIA, enhancing efficiency and passenger satisfaction.
Firm's AI Platform Meets CBN's AML Automation Rules
Smartcomply, an Africa-focused compliance tech firm, announced its AI-powered Adhere platform aligns with the Central Bank of Nigeria's new baseline standards for automated anti-money laundering solutions, offering financial institutions a faster complian
Shipping Firms Defend Service Charge Hike Amid Protests
The Shipping Association of Nigeria justifies increased maritime service charges as a cost-recovery measure, while freight forwarders protest the hike, warning of higher cargo clearance costs and inflation.
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UBA, NiDCOM Deepen Pact to Unlock Diaspora Capital
United Bank for Africa and the Nigerians in Diaspora Commission reinforce their collaboration to enhance diaspora-driven investments, leveraging UBA's new banking platform for wealth creation and economic growth in Nigeria.
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