Nigeria's financial and telecom regulators have introduced new rules requiring immediate refunds for failed airtime and data purchases, with a central monitoring system to track compliance.
Malaysia introduces a digital platform enabling direct hiring of foreign workers, eliminating intermediaries to reduce costs and prevent exploitation.
Nigerian senators propose eliminating electricity subsidies to reduce fiscal pressure and fund the 2026 budget, potentially raising power costs for consumers nationwide.
Nigeria's federation account recorded over N35 trillion in inflows during 2025, marking a significant 29.63% increase from the previous year's N27 trillion, according to official figures released by the accountant-general.
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Governor Dapo Abiodun emphasizes agriculture as the foundation for Ogun State's economic transformation, with OGSTEP and OGFIMS driving 28 projects to boost aquaculture, poultry, and food security.
Dangote Petroleum Refinery reduces Premium Motor Spirit price from N799.50 to N772.50 per litre, marking one of 2026's sharpest single adjustments amid competitive pressures.
Nigeria's foreign exchange market sees its widest gap in three years as political actors stockpile dollars ahead of 2027 elections, creating economic pressures.
CBN Governor Olayemi Cardoso warns that excess liquidity and 2027 election cycle spending could undermine Nigeria's recent economic stability gains if not carefully managed.
Major energy marketers report imported petrol landing cost at N721.80/litre, significantly lower than Dangote Refinery's N799/litre price, creating a N77.2 price gap per litre.
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The Nigerian naira has recorded its strongest performance against the US dollar since May 2024, with CBN Governor Yemi Cardoso expressing optimism about sustained monetary reforms.
The Federal Government has rejected calls from northern governors to suspend mining activities, citing severe economic consequences for the region and Nigeria.
Access Bank's planned acquisition of South Africa's Bidvest Bank has collapsed due to unmet conditions and regulatory hurdles, raising concerns about the Nigerian bank's expansion strategy.
Businessman Isaac Fayose has sparked controversy by claiming Igbo people are easily influenced by money and have remained silent about Nnamdi Kanu's detention in Sokoto prison, contrasting it with Yoruba efforts to free Sunday Igboho.
A Nigerian lady shares excitement on social media after landing a new job with a significant salary increase and premium gadgets, sparking congratulatory reactions online.
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Nigerian innovators are turning plastic waste from environmental burden into economic opportunity through recycling, creating jobs and community impact via circular economy models.
Russia's Domodedovo International Airport, seized in a nationalization bid, has been sold to a Sheremetyevo-linked company for $850 million amid ongoing asset seizures.
The Federal Government has unveiled the N25 Million Happy Woman Empowerment Programme to support women entrepreneurs with grants, digital skills training, and business mentorship across Nigeria.
NERC data shows Nigeria's power plants operated at only 36% availability in January 2026, with 13,625MW installed capacity generating just 4,421MW, highlighting gas supply and operational issues.
Residents of Greater Lagos County Apartments in Surulere have written to Governor Sanwo-Olu, alleging that Megamound Investment Limited has failed to deliver promised utilities and services despite full payment.
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Engr. Umar Abdullahi Ganduje distributed 120 solar irrigation pumps and 160 solar systems to farmers and SMEs in Kano, supporting President Tinubu's Renewed Hope Agenda.
Analysis of the world's strongest currencies based on US dollar value in February 2026, featuring Middle Eastern oil-backed currencies and traditional European powerhouses.
The Nigeria Deposit Insurance Corporation advises customers to properly link BVN to accounts for swift reimbursement of insured deposits if banks fail, with coverage up to N5 million.
Nigerian tomato farmers forecast stable prices during Ramadan 2026 due to peak harvest season coinciding with fasting period, breaking traditional price hike patterns.
Nigerian Electricity Regulatory Commission explains how to distinguish between free DISREP meters and paid MAP meters to prevent exploitation by DisCos.
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Africa's oil refining industry undergoes significant transformation with Dangote Refinery leading at 650,000 barrels daily capacity, reducing Nigeria's fuel imports and reshaping regional energy security.
NRS Chairman Dr. Zacch Adedeji calls for Nigeria to move beyond crude oil exports, emphasizing productive complexity and learning from Vietnam's economic transformation.
The Central Bank of Nigeria has approved the Bank of Industry to operate a Non-Interest Banking window, expanding ethical financing options for businesses during the banking sector recapitalisation exercise.
Several Nigerian filling stations have reduced petrol pump prices below NNPC and Dangote refinery rates, with some selling as low as N812 per litre amid intense market competition.
The Nigerian naira shows resilience against the US dollar in early February 2026, trading at ₦1,363.84 in official markets and ₦1,440-₦1,455 in parallel markets amid CBN policy support.
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The Central Bank of Nigeria purchased $72 million to moderate the naira's rapid appreciation, as external reserves surged by $736.67 million to $46.91 billion, boosting market confidence.
