Sachet Alcohol Ban Rushed, Harmful to Economy - CSO
Concerned Citizens for Change criticizes NAFDAC's sachet alcohol ban as rushed and economically damaging, calling for stakeholder consultation and policy implementation.
Category : Business
Nigeria's Power Grid Collapses, Causes Nationwide Blackout
Nigeria's electricity grid collapsed on Friday afternoon, causing a nationwide blackout as power generation dropped to zero megawatts across all distribution companies.
NEDC Flags Off Road, Bridge Construction in Yobe
The North East Development Commission has initiated construction of a 2.5km road and two bridges in Potiskum, Yobe State, aimed at enhancing connectivity and economic growth in post-insurgency recovery efforts.
KEDCO Suspends Strike After N170m Payment, N174m Bonus Pledged
Kano Electricity Distribution Company (KEDCO) has suspended its workers' strike after paying N170 million in arrears and committing to settle N174 million in 2025 bonus payments during February 2026 salary cycle.
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Rotary Club Donates Borehole to Lagos Market
Rotary Club of Lagos Central donates a borehole and generating set to Sandgrouse Market on Lagos Island to improve water access, hygiene, and economic activity.
Ejiogu Named Sun Entrepreneur of the Year 2025
Industrialist High Chief Duru Mike Ejiogu receives the Sun Entrepreneur of the Year award for his transformative leadership and community impact across Nigeria.
Atunlo Sustech Pilots CarbonScope360 Under New Carbon Framework
Atunlo Sustech initiates a pilot of CarbonScope360, a carbon measurement tool, following Nigeria's carbon trading framework approval, aiming to enhance emissions tracking and data transparency for corporate climate compliance.
Staplus Homes Advances Affordable Housing in Lagos-Ogun
Lagos-based real estate firm Staplus Homes intensifies efforts to combat Nigeria's housing deficit by developing affordable residential estates with secure land and incentives for middle-income earners.
IJBOYS Vows Greater Impact in Ijebuland Development
The newly elected executive of Ijebu Boys Association (IJBOYS) commits to expanding health, education, and economic initiatives in Ijebuland, building on past successes.
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Local Capital Mobilisation Key for Africa's Future: Fund Managers
At the 2026 WEF in Davos, female investors and fund managers called for deeper local capital mobilisation to ensure Africa's long-term economic sustainability, reducing reliance on foreign funds.
HURMA Petitions Sanwo-Olu Over Monarch's Farmland Takeover
Human Rights Monitoring Agenda appeals to Lagos Governor Babajide Sanwo-Olu to investigate Onikotun of Ikotun's alleged illegal seizure of Ola family's farmland, with N100m losses claimed.
NSAN Faults New Port Fees, Warns of Trade Costs
The National Shippers Association of Nigeria expresses concern over increased port charges by the Nigerian Shippers' Council, warning it could raise import costs and inflation.
Nigeria Eyes $7.7 Trillion Halal Goldmine for Economic Fix
Nigeria explores the $7.7 trillion global halal economy as a solution to inflation and forex shortages, with experts highlighting its ethical framework and export potential beyond religious boundaries.
Parallex Bank Sponsors Youth Awards, Backs African Talent
Parallex Bank Plc has sponsored the 2025 Future Africa Leaders Awards, honoring 10 young Africans for community impact. The bank's MD emphasized Nigeria's youth potential and commitment to empowerment.
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FMAFS-IITA MoU Boosts Soil Health for Food Security
The Federal Ministry of Agriculture and Food Security and IITA have signed an MoU to strengthen soil health, improve fertilizer efficiency, and enhance farm productivity across Nigeria through data-driven initiatives.
PRWF Global Launch Absorbs Nigerian Women in PR
The Public Relations Women Foundation announces global expansion, transitioning from Nigerian Women in PR to an international hub focused on emerging markets.
EWAS: Bridging Nigeria's 2% Energy Gap for Food Sovereignty
A new initiative by Mastercard Foundation and Global Energy Alliance targets Nigeria's agricultural energy deficit to reduce post-harvest losses and create jobs for young women.
Tinubu Approves Ogun Oil Drilling, Renames Olokola Port
President Tinubu approves commercial oil drilling at Tongeji Island in Ogun State, making it an oil-producing state, and renames Olokola Deep Seaport as Blue Marine Economic Zone to boost economy.
Hajj-Umrah Expo 2026 Set for Abuja to Enhance Pilgrimage Experience
Nigeria will host the Hajj-Umrah Expo 2026 from January 28-30 in Abuja, aiming to improve pilgrimage management, attract investment, and position the country as West Africa's faith-based tourism hub.
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PINL Offers to Mediate FG-Ogoni Oil Exploration Talks
Pipeline Infrastructure Nigeria Limited plans to mediate between the Federal Government and Ogoni stakeholders to resume oil exploration in Rivers State, addressing community concerns and economic goals.
Weak Policies, Neglect Push Families to Homelessness in Nigeria
Across Nigeria, government-led demolitions displace thousands due to weak enforcement and lack of compensation, leaving families without homes or livelihoods in urban centers.
Shettima at WEF: Africa Must Build Its Own Prosperity
Vice President Kashim Shettima advocates for homegrown solutions and local production at WEF 2026, highlighting Nigeria's Dangote Refinery as a model for African economic transformation.
Power Sector Leaders Meet for Energy Security Dialogue in Lagos
Key stakeholders including ministers, regulators, and investors gather in Lagos for an executive dialogue addressing Nigeria's power sector challenges post-Electricity Act 2023.
Aviation Leader Criticizes New Tax Law, Calls for Willingness
Professor Obiora Okonkwo, spokesperson for Airline Operators of Nigeria, discusses the impact of the new tax law on aviation, emphasizing the need for transparency and government presence to foster tax compliance.
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Jumoke Michael-Ojo: Intentional Environments Transform Women's Leadership
Growth catalyst Jumoke Michael-Ojo discusses how intentional environments, community support, and holistic design empower women to thrive without burnout in leadership roles.
Lagos Demolitions Displace Thousands in Makoko, Other Communities
Lagos State Government's urban renewal drive has led to forceful evictions in waterfront communities like Makoko and Owode Onirin, displacing thousands and raising human rights concerns.
National Grid Collapse in 2026 Leaves Nigeria in Darkness
Nigeria's electricity grid suffered its first nationwide collapse in 2026, with generation dropping to zero megawatts and leaving most distribution companies without power allocation.
Kemi Omotosho's MultiChoice CEO Role: Leadership Shift
Kemi Omotosho's appointment as MultiChoice Nigeria CEO highlights a move beyond gender symbolism to trust in hard mandates during economic challenges.
Sir Steve Omojafor's 80-Year Journey in Media and Advertising
Sir Steve Omojafor, founder of STB-Macainn, reflects on his 80-year life, from Daily Times reporter to advertising pioneer, sharing insights on career, family, and Nigeria's future.
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Distillers Protest Sachet Alcohol Ban, Cite Economic Harm
Nigerian distillers and labor unions protest NAFDAC's ban on sachet alcoholic drinks, warning of massive job losses and economic damage while disputing claims of underage access.
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