Five major Nigerian banks have released their 2025 financial results, reporting a combined profit after tax of N502 billion and significant growth in customer deposits, signaling strong public trust and sector resilience.
Dangote Refinery's production of petrol, diesel, jet fuel, petrochemicals, and detergent materials is reducing Nigeria's import dependence and boosting local industries.
The Lagos State Government has sealed Ladipo Spare Parts Market due to repeated environmental infractions, including indiscriminate refuse disposal and illegal street trading.
Techno Oil has launched a major LPG cylinder manufacturing operation in Nigeria, producing 5 million cylinders annually with rigorous safety standards to make cooking gas safer and more affordable.
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Nigerian Ports Authority, PEBEC, and PCEC conclude Lagos stakeholder engagement aiming to slash cargo dwell time to 7 days through operational reforms and digital systems.
Nigeria's naira appreciated by 1.5% as external reserves climbed to $46.91 billion, stabilizing both official and parallel markets with improved FX inflows and reduced outflows.
Nigeria's Corporate Affairs Commission has delisted over 400,000 non-compliant companies while implementing a complete digital registration system to enhance business operations.
The Federal Government has announced a comprehensive $2.5 billion strategy to settle power sector debts and upgrade transmission infrastructure, aiming to stabilize electricity for 12 million customers.
Zenith Bank's first female CEO Adaora Umeoji celebrates her birthday while leading Nigeria's most profitable bank and inspiring women in corporate leadership.
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A Nigerian job seeker secured immediate employment after making a specific statement during her interview, showcasing the power of strategic communication in career advancement.
A Nigerian hairstylist has sparked online debate after publicly requesting financial assistance from men to start her business, explicitly stating she won't offer favors in return for the support.
A Nigerian woman shares her experience switching to solar energy, spending N3.8 million for a system that powers her air conditioner and refrigerator round-the-clock.
Lafarge Africa announces expansion of Ashaka and Sagamu cement plants to 5.5 million metric tonnes annually, sparking market optimism but analysts caution on price reductions.
The Nigerian government will restart petrol and diesel import permits by mid-February 2026 due to supply concerns as Dangote Refinery experiences falling crude deliveries and rising prices.
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The Nigerian government faces a critical decision on rice imports that could reverse recent price drops. Experts warn that closing import channels may trigger inflation while protecting local farmers.
Nigeria has spent approximately ₦7 trillion on electricity since privatization in 2013, yet power supply remains unstable under four successive administrations. Experts blame partial privatization, corruption, and weak political will for the persistent da
Delta State leads Nigeria's 2025 FAAC allocation rankings with ₦649.67 billion, followed by Rivers and Lagos States. Analysis reveals oil production and commercial activity drive fiscal distributions.
Lady Ada Chukwudozie joined Vice President Shettima and Southeast governors to launch the SEV2050 blueprint, highlighting manufacturing advantages and challenges in the region.
The Nigeria Upstream Petroleum Regulatory Commission warns that illegal oil activities in southern regions are reducing funds for host community development and have caused deadly incidents.
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SMEDAN reveals Nigerian entrepreneurs divert MSME loans for personal expenses like weddings and cars, threatening funding schemes and small business growth.
Nigeria's tax reforms under President Tinubu are delivering tangible benefits to salary earners, with reduced PAYE deductions leading to higher net pay for workers across income brackets.
The Nigerian naira has appreciated significantly, trading at a two-year high against the US dollar. Experts predict further gains for naira and four other African currencies due to improved forex supply and economic factors.
Analysis of Nigeria's economic reforms from 2023-2025 shows initial hardship followed by gradual stabilization, with staple prices easing and targeted interventions providing relief.
Chisco Transport has officially launched a vehicle assembly plant in Lagos, rolling out 80 luxury buses and 40 trucks to compete with Innoson in Nigeria's growing auto industry.
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Dangote Petroleum Refinery has revealed its high-capacity gantry loading facility with 91 bays, capable of evacuating nearly 3,000 trucks daily to enhance fuel supply efficiency and reduce logistics costs across Nigeria.
Japan will restart the Kashiwazaki-Kariwa nuclear plant next week after fixing an alarm malfunction. This marks TEPCO's first reactor restart since Fukushima 2011, amid local opposition and national energy strategy.
Ghana's move to import petrol from Nigeria's Dangote Refinery could reshape West Africa's energy market, potentially affecting pump prices across the region while highlighting Nigeria's growing refining dominance.
NNPC Limited has revealed that Nigeria's four government-owned refineries were shut down due to persistent commercial losses, low utilization rates, and rising operating costs.
Dangote Refinery announces plans to produce surfactants locally, reducing import dependence and potentially lowering detergent prices in Nigeria and West Africa.
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The Nigerian naira fell by 0.57% against the US dollar in the official foreign exchange market, ending a three-day appreciation streak as dollar demand surged against limited supply.
