The Federal Government has introduced a 'Fly Now, Pay Later' initiative allowing Nigerians to book domestic flights and pay in installments. This scheme aims to address rising airfares and improve financial inclusion.
Global payments firm NALA has obtained an IMTO licence from Nigeria's Central Bank and integrated with NIBSS, enabling faster, cheaper remittances into Nigerian accounts and wallets.
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The Nigerian Consumer Credit Corporation introduces a financing scheme allowing eligible citizens to book domestic flights immediately and pay in installments, addressing soaring airfare costs.
Dangote Refinery collaborates with fuel marketers to improve nationwide petrol distribution and reduce supply risks, as experts call for competitive market measures to stabilize prices.
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A sudden blackout at Murtala Muhammed International Airport's international wing disrupted travel, caused by a damaged power cable during maintenance, with power later restored.
Ogun State introduces the Additional Pension Benefit (APB), a pension reform offering retirees payouts from 116% to 280% of annual emoluments. Governor Abiodun's initiative ensures timely gratuity payments and addresses pension liabilities, praised by lab
Major Nigerian banks including Access, UBA, and Zenith have increased savings account interest rates to 7-8% annually following Central Bank monetary policy adjustments. However, inflation at 15.06% continues to erode real returns for households despite n
The Tunjii Salami Foundation disbursed nearly N12 million in Ramadan relief across Osun State, providing food packages to vulnerable households and seed capital to 20 entrepreneurs for business development.
NESREA's Director-General, Prof. Innocent Barikor, highlights growing public awareness of wildlife conservation, citing recent pangolin handovers in Kano and Akwa Ibom as positive indicators.
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QNET Nigeria highlights the critical role of transparent communication between companies and consumers at a Lagos event, addressing misinformation and promoting ethical direct selling practices.
The Nigerian naira appreciates by 0.99% in the official market, closing at ₦1,344.42 per dollar. Nigeria's external reserves exceed $50 billion, bolstering confidence in the currency's stability amid rising global oil prices and geopolitical tensions.
Energy economist Obianuju Ezenwanne warns that Nigeria's electricity system is collapsing due to structural failures in generation, transmission, and distribution, leading to persistent power outages.
Neuro Gum, which walked away without a deal on Shark Tank, has grown into a $100 million brand with over 20,000 retail locations and 500 million units sold.
The Mastercard Foundation has launched the third cycle of its FAST programme, offering grants up to $15,000, training, and mentorship to young African entrepreneurs, with a focus on inclusivity.
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The Bank Verification Number (BVN) has evolved from a banking security tool into Nigeria's foundational Digital Public Infrastructure, enabling loan recovery, reducing fraud, and creating a trusted identity layer for financial inclusion.
Over 16 states in Nigeria are struggling to implement effective electricity regulatory systems under decentralization, raising concerns about service quality and investment. Issues include legal disputes, regulatory abuse, and delays in setting up state c
Nigeria loses $500 million yearly due to delayed ICTN implementation, fueling smuggling, arms trafficking, and illicit trade, with billions in seizures reported by customs and agencies.
Minister Taiwo Oyedele and NTPIC Chairman Joseph Tegbe outline how landmark fiscal reforms will ease burdens on workers and SMEs while boosting economic competitiveness.
The World Food Programme warns that the ongoing Middle East conflict could push 10.4 million West and Central Africans into acute food insecurity, with 31 African nations requiring urgent external food assistance.
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Maritime lawyer Olisa Agbakoba reveals Nigeria loses N22 trillion annually from offshore oil rig tax evasion and foreign dominance in marine services, urging urgent legal reforms.
Starsight Energy Africa Group secures $15 million mezzanine debt funding from British International Investment to expand renewable solar solutions for Nigeria's commercial and industrial sector, addressing the country's persistent power challenges.
A new policy review identifies key structural challenges hindering Nigeria's MSMEs, including limited finance access, weak infrastructure, and high informality, contributing to business mortality.
Transnational Corporation Plc announced robust 2025 financial results with N544.41 billion revenue and N179.5 billion profit before tax, driven by power, hospitality, and energy segments amid operational challenges.
Nigeria's Zenith Bank Plc plans a London Stock Exchange listing by 2027 to access foreign capital, expand operations in the UK and West Africa, and strengthen its international presence amid Nigeria's banking recapitalization drive.
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Nigeria's housing deficit is now officially 14.9 million units, shifting debate from speculation to evidence. However, data alone is insufficient without urgent policy action, scalable delivery, and accountability to address the crisis effectively.
Minister Doris Uzoka-Anite asserts Nigeria's growth requires 95% private sector-driven economy. Bagudu outlines $1 trillion GDP target by 2030 through 7% annual growth and National Development Plan coordination.
Eight stocks account for 61% of Nigeria's N127 trillion market cap, raising concerns about market concentration and systemic risks, with MTN Nigeria leading at N16.4 trillion.
Breathometer secured a historic $1 million investment from all five Sharks on Shark Tank but collapsed due to product inaccuracies and FTC intervention, becoming a cautionary business tale.
The Africa Export Import Bank predicts global headline inflation will fall to around 3.8% by late 2026, despite persistent services inflation in advanced economies and ongoing geopolitical risks.
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The African Development Bank has approved a $5.52 million grant to WATAF to boost tax systems in six West African nations, aiming to improve revenue collection and curb financial leakages.
