MTN Invests $1B, Targets 70%+ Broadband in Nigeria
MTN Nigeria has invested $1 billion in 2025 to boost broadband penetration above 70%, deploying over 2,850 new sites and focusing on hybrid connectivity solutions for rural areas.
Category : Business
Oborevwori's Blueprint to Fix Delta's Electricity Challenges
Delta State Governor Sheriff Oborevwori has announced a detailed plan to resolve persistent power issues, including infrastructure upgrades and policy reforms to boost supply and economic growth.
Africa's Debt Crisis Drives Fossil Fuel Extraction
A new report reveals Africa's external debt exceeding $1 trillion is forcing governments to prioritize fossil fuel extraction over health and education, disproportionately impacting women and vulnerable communities.
Nigeria Secures $496M UK Dairy Deal for Food Security
Nigeria has signed a $496 million dairy investment deal with UK-based Asset Green Ltd to enhance food security, reduce imports, and modernize agriculture. The project includes climate-smart farming and a processing facility.
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NISO to Strengthen Power Grid, Unbundle TCN - Analyst
Energy analyst Samuel Caulcrick explains how the Nigerian Independent System Operator (NISO) will reform the power sector by unbundling TCN, improving grid stability, and addressing demand-side challenges.
Foreign Investors Back Nigeria's Reforms for Long-Term Capital
Global investors at the Africa Capital Forum in London praised Nigeria's economic reforms, noting improved transparency and stability, while urging a shift towards sustainable long-term investments to boost growth.
LAWMA Seeks Functional Waste Management Facilities in Lagos
Experts and LAWMA officials call for improved waste infrastructure, resident cooperation, and sustainable practices to tackle Lagos's waste management challenges.
LG's Ramadan Outreach: Iftar Meals and Rewards for Faithful
LG Electronics has deepened its community engagement during Ramadan by providing Iftar meals in mosques and centers, alongside customer rewards and appliance promotions to support Muslim faithful across Nigeria.
LG's Ramadan Outreach: Iftar Meals and Rewards for Nigerian Muslims
LG Electronics has deepened its Ramadan community engagement in Nigeria, providing Iftar meals in mosques and centers while rewarding customers with promotions and appliances to foster unity during the holy month.
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NRC Announces Eid-El-Fitr Train Services for Festive Travel
The Nigerian Railway Corporation has introduced special Eid-el-Fitr train services with extra trips on Lagos-Ibadan and Abuja-Kaduna routes, plus a free Iddo-Osogbo service in partnership with Osun State.
Banks Raise ₦2.5 Trillion as Recapitalisation Nears Deadline
Nigeria's banking sector has raised nearly ₦2.5 trillion in recapitalisation, with 25 of 38 banks meeting new requirements. Stakeholders now shift focus to deploying funds into productive sectors like MSMEs and infrastructure.
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What Nigerian Workers Want in 2026: Key Insights
As Q1 2026 unfolds, Nigerian employees are making critical career decisions based on daily workplace experiences, shifting focus from policies to practical improvements.
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Abdulsamad Rabiu: Africa's 3rd Richest Man at $11.2B
Nigerian billionaire Abdulsamad Rabiu's net worth surges to $11.2 billion, making him Africa's third richest man. Explore his journey from Kano to building the BUA Group empire in cement, sugar, and consumer goods.
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Why Nigeria's Plane Tickets Are Expensive and Not Getting Cheaper
Analysis of Nigeria's expensive airfares reveals forex crisis, high fuel costs, multiple taxes, and infrastructure challenges as primary drivers, with no relief expected soon.
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Lagos Residents Face Four-Month Blackout Over Maintenance
Residents and businesses in Amuwo-Odofin, Lagos, may experience a four-month power outage as TCN and Ikeja Electric begin maintenance on a 132kV substation, aiming to improve infrastructure reliability.
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Pressdia Marks First Year Expanding African Business Media Access
Pressdia, Africa's digital PR marketplace, celebrates its first anniversary after helping over 1,000 businesses distribute press releases to 20,000+ media outlets worldwide, enhancing visibility for African companies.
33 Graduates Trained in Pipeline Engineering by MJD, NCDMB, Renaissance
MJD Oilfield Services Ltd., in partnership with NCDMB and Renaissance Africa Energy, has launched a 12-month training programme for 33 Nigerian engineering graduates in pipeline pigging and corrosion control.
Imo Sachet Water Production Suspended Over Rising Costs
Sachet water producers in Imo State have suspended operations for three days due to escalating production expenses, causing shortages and price hikes across Owerri and surrounding areas.
Israeli Airstrike Destroys Iran's South Pars Gas Field
An Israeli airstrike has destroyed Iran's South Pars gas field, the world's largest natural gas reserve, escalating Middle East tensions and threatening global energy security with oil prices surging 5%.
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Foundation Floods Niger with Sallah Packages for 1,000+ Families
The Future Pathways Foundation has provided essential food packages to over 1,000 families in Niger State during Sallah, aiming to alleviate economic hardship and promote communal solidarity through its humanitarian outreach.
Banks Close Branches for Eid Holidays, Advise Digital Use
Commercial banks across Nigeria have announced a two-day closure of branches on March 19-20, 2026, in compliance with federal government public holidays for Eid-el-Fitr. Customers are urged to use digital channels like mobile apps and ATMs during this per
Lagos Community Faces 4-Month Power Outage for Substation Upgrade
Ikeja Electric has announced a planned four-month power disruption in the Amuwo-Odofin area of Lagos due to rehabilitation of a 132kV GIS substation at Amuwo Transmission Station.
Storytelling as Strategic Tool for Policy Influence, Brand Growth
Communication experts highlight storytelling as a critical tool for organizations to strengthen brand identity, build trust, and influence public policy. They emphasize its power to humanize complex ideas and create emotional connections in an era of info
Nigeria Spent N5.7 Trillion on Crude Imports in 2025
Nigeria imported crude oil worth N5.734 trillion in 2025 despite being Africa's top producer, as domestic refineries faced severe feedstock shortages and supply chain challenges.
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Moniepoint Denies Customer Arrests Over Court Case
Moniepoint Microfinance Bank clarifies that legal proceedings involve cyberstalking and impersonation charges, not customer complaints, amid allegations of coordinated online disinformation.
Traders Fair 2026 in Lagos Highlights Nigeria's Financial Markets
Lagos hosts Traders Fair 2026, uniting global experts and local traders to explore Nigeria's booming financial markets, fintech innovations, and trading strategies in an interactive event.
NRC Passenger Revenue Falls 16.3% in Q4 2025
The Nigerian Railway Corporation's passenger revenue declined to N1.6 billion in Q4 2025, a 16.3% drop from the previous year, due to reduced passenger numbers, while cargo transport saw a slight increase.
Abuja's 50th Anniversary Redesign Impacts Developers and Buyers
As Abuja marks its 50th anniversary with major citywide redesigns, developers in districts like Idu and Katampe are adjusting plans to align with new infrastructure projects. This has led to construction delays and layout changes for buyers, though indust
NUPRC Advances Nigeria's 2025 Oil Licensing Round
Nigeria's oil licensing round enters a decisive phase as NUPRC completes pre-qualification for 50 oil blocks, with only qualified firms proceeding to bid submission.
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Expert Urges Temporary Fuel Subsidy if Petrol Hits N2,000/Litre
An energy expert has advised the Nigerian government to consider reintroducing petrol subsidies as a temporary measure if global oil price volatility pushes pump prices toward N2,000 per litre.
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