The Central Bank of Nigeria has announced strict sanctions, including fines up to N10 million, for deposit money banks that use unaccredited cheque printers to enhance security and efficiency in the clearing system.
A 31-year-old Nigerian man has opened up on social media about earning 500 naira daily as a POS attendant, living with his parents, and being in debt, sparking widespread reactions and encouragement online.
Nigeria's electricity generation will drop by 934.96MW during a three-day gas facility maintenance from February 12-15, 2026, affecting five states and potentially causing nationwide load shedding.
The Nigerian government has launched the GEEP FarmerMoni portal for 2025/2026, offering interest-free loans up to N300,000 to smallholder farmers to boost agriculture and food security nationwide.
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The Nigerian federal government has failed to release the N300 billion budgeted in 2025 for solar power projects in universities and teaching hospitals, stalling implementation amid revenue shortfalls.
The Federal Government has launched applications for interest-free loans up to N300,000 through MarketMoni, TraderMoni, and FarmerMoni programs targeting entrepreneurs and farmers nationwide.
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The Federal Ministry of Aviation and Aerospace Development has approved the immediate redeployment of directors across four key aviation agencies, including NAMA, NCAA, NiMet, and NSIB. Minister Festus Keyamo and Permanent Secretary Yakubu Kofarmata signe
Coscharis Group founder Dr. Cosmas Maduka expresses regret for not investing in Flutterwave, praising its growth as proof of Nigerian entrepreneurial excellence.
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Billionaire Femi Otedola projects the naira could appreciate below N1,000 per dollar by year-end, citing Dangote Refinery's full capacity production as key driver.
Ikeja Electric customers face possible electricity disruptions if they fail to submit TIN, NIN, or CAC numbers by February 20, 2026, under Nigeria's new tax law requirements.
Major oil marketers and depot owners have announced updated liquefied petroleum gas (LPG) prices across Nigeria, with rates varying by location and supplier. The adjustments come amid improved naira stability and increased local production meeting 87% of
A Nigerian crypto specialist shares his experience with a solar setup featuring a 15kWh Cworth lithium battery, powering two ACs and eliminating reliance on the national grid.
The Nigerian Content Development and Monitoring Board has initiated a comprehensive training program to equip 10,000 youths with technical skills for employment in Nigeria's oil and gas industry.
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The Central Bank of Nigeria has authorized licensed bureaux de change to purchase up to $150,000 weekly from official sources, aiming to narrow the gap between official and parallel market rates and improve retail dollar access.
The Central Bank of Nigeria has classified money bouquets as a form of naira abuse, warning offenders face prison or fines. This crackdown comes just before Valentine's Day celebrations.
In a rare rebuke, six House Republicans joined Democrats to pass a measure targeting Trump's tariffs on Canada, signaling growing GOP unease with his trade policies despite presidential veto threats.
The Nigeria Deposit Insurance Corporation is intensifying efforts to recover approximately N1.5 trillion in debts and assets from nearly 150 failed financial institutions using enhanced legal provisions under the NDIC Act 2023.
Nigerian states paid N455.38bn in foreign debt service in 2025, a 25.77% increase from 2024. Lagos leads with N92.80bn, as top 10 states account for 69% of repayments, raising fiscal concerns.
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Former presidents, governors, and entertainment stars gathered in Lagos to celebrate Flutterwave's decade of operations, highlighting the fintech company's impact on Africa's digital payment landscape.
The Nigerian Naira appreciated against the US dollar, pound sterling, and euro in the official market, marking a third weekly gain following the CBN's decision to permit BDCs to buy dollars from banks.
Nigeria's Presidential Villa completes solar power project, plans full transition from national grid by March 2026 to reduce costs and address billing irregularities.
Dangote Petroleum Refinery achieves full operational capacity of 650,000 barrels per day, marking a historic milestone for Nigeria's oil industry and boosting domestic fuel supply.
The Nigerian government has launched the FarmerMoni Dry and Wet Season Programme, offering interest-free loans of up to N300,000 to 22,000 farmers nationwide to boost agricultural productivity and food security.
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The Nigeria Deposit Insurance Corporation reimbursed customers of Heritage Bank, Union Homes, and Aso Savings within three days of closure by using linked BVNs to transfer funds quickly to alternative accounts.
The Federal Government plans to begin selling state-owned assets to private investors from 2026 to strengthen the economy and attract investment, as announced by Finance Minister Wale Edun.
A single-engine aircraft experienced engine failure and was forced to land on a busy Gainesville street, colliding with three vehicles and causing minor injuries.
A Nigerian woman's video documenting her frustrating apartment search in Lagos has gone viral, revealing substandard living conditions like mold, unsafe areas, and cramped spaces.
A young Nigerian woman's emotional online appeal for job opportunities has gone viral, highlighting widespread youth unemployment and the struggle to gain experience.
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An Arik Air Boeing 737 made an emergency diversion to Benin Airport after experiencing engine failure during a Lagos to Port Harcourt flight. All 80 passengers were safely disembarked.
