Lebara Enters Nigeria Telecom with UK Support

Lebara, backed by UK diplomatic efforts, has officially entered Nigeria's competitive telecom sector, unveiling its 0724 number series and aiming to connect diaspora and domestic users through innovative services and partnerships.

Cement Prices Soar Above N10,000 Per Bag in Nigeria

Cement prices have skyrocketed above N10,000 per bag in Nigeria, with major brands like Dangote and BUA increasing costs due to production and logistics. Dealers report new rates up to N11,500, impacting construction and housing projects nationwide.

Stock Market Loses N514bn as Bearish Trend Continues

The Nigerian equities market sustained its bearish momentum for the second consecutive session, wiping N514 billion off investors' wealth. The All-Share Index fell 0.41% as profit-taking hit banking, consumer goods, and oil and gas stocks.

Petrol Prices Drop 17.77% in January 2026, NBS Reveals

The National Bureau of Statistics reports a significant 17.77% year-on-year decrease in petrol prices for January 2026, with Cross River, Rivers, and Nasarawa recording the highest prices while Ekiti, Enugu, and Kaduna have the lowest.

Chinese Boss Drops $26M Cash at Party, Tells Staff to Take It

A Chinese crane manufacturing company stunned 7,000 employees by stacking $26 million in cash at its annual celebration, inviting them to take home as much as they could physically carry. The firm's billionaire owner explained his unconventional bonus met

Union Bank Calms Customers After CBN Recapitalisation Remarks

Union Bank of Nigeria has issued a strong statement assuring customers of deposit security and operational stability following recent comments by the Central Bank of Nigeria governor on recapitalisation timelines for banks under regulatory intervention.

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