Million Tree Initiative Targets NIJ, Port Harcourt
One Million Tree Initiative (OMTI) announces tree planting at NIJ, Lagos and Port Harcourt for World Environment Day, aiming to boost urban green cover.
Category : Business
Morocco Declares Exceptional Eid Al Adha Holiday 2026
Morocco announces an exceptional public holiday on May 29, 2026, for Eid Al Adha. The government also introduces measures to stabilize livestock prices amid the celebration.
LG Unveils Smart HVAC at Mega Clima Nigeria 2026
LG Electronics unveiled advanced HVAC solutions at Mega Clima Nigeria 2026, including AI-powered VRF systems, reinforcing its leadership in energy-efficient cooling technologies in West Africa.
Leadership is service, not control, says Adeola Olaniyi
Adeola Olaniyi, a business development professional, argues that true leadership is rooted in service, emotional intelligence, and empowering others, not authority or titles.
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BMONI, Mastercard Launch Instant Cards in Nigeria
BMONI and Mastercard collaborate to introduce instant virtual and physical cards in Nigeria, enabling seamless local and cross-border transactions for consumers.
Oyo Rolls Out N120m Food Support Scheme for Workers
Oyo State launches N120m food support scheme for civil servants ahead of Eid-el-Kabir, offering subsidized rice, oil, and rams with three-month repayment.
EEDC Launches SuperEdge Integrated Billing System
EEDC completes SuperEdge billing system integration, enhancing prepaid and postpaid services with QR code authentication, SMS payments, and self-service features.
NADF Unveils Fertiliser Manual to Boost Crop Yield
NADF launches Nigeria's first harmonised fertiliser recommendation guide to improve crop yields, soil health, and efficient fertiliser use nationwide.
GTBank Caps Naira Debit Card Spending at $20,000 Quarterly
Guaranty Trust Bank sets a $20,000 quarterly limit on international transactions via naira debit cards, with an exchange rate of N1,381 per dollar, reflecting Nigeria's volatile FX market.
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Accion MfB Marks 20 Years of Impact and Empowerment
Accion Microfinance Bank celebrated its 20th anniversary in Lagos, reflecting on two decades of empowering entrepreneurs, reducing poverty, and transforming communities across Nigeria.
Discovery Health Rebrands Vitality to Global Health Solutions
Discovery Health rebrands Vitality Health International (Africa) to Discovery Health - Global Health Solutions, expanding healthcare offerings for employers across Nigeria and Africa.
Ginger Crisis in Nigeria: 5 Alternatives as Prices Soar
Nigeria's ginger shortage due to fungal disease has caused prices to skyrocket. Discover five effective substitutes like cloves, cinnamon, and turmeric for your cooking.
Nigeria Launches New Tax Incentive System, 149 Firms Exempted
Nigeria transitions to performance-based tax incentives, phasing out blanket holidays. 149 pioneer companies retain exemptions under new Economic Development Incentive.
Diaspora Investors Fear Nigerian Real Estate Over Trust Deficit
Industry leaders at a virtual summit highlighted that trust deficits remain the biggest barrier to diaspora investment in Nigerian real estate, with calls for accountability and pre-funded projects.
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NADDC, BPP tighten vehicle procurement rules, prioritise local assembly
NADDC and BPP introduce new framework mandating MDAs to prioritise locally assembled vehicles, boosting domestic manufacturing and aligning spending with national economic goals.
Lagos IGR Hits ₦1.87 Trillion, Total Revenue Reaches ₦2.6 Trillion
Lagos State generated ₦2.6 trillion total revenue in 2025, with IGR contributing ₦1.87 trillion, driven by digital tax reforms and fiscal discipline.
Festus Asikhia: Leadership Beyond Business Through Learning
Festus Uwakhemen Asikhia's journey reflects leadership beyond business success, emphasizing continuous learning, governance, and societal impact.
UI Graduate Bags Degree in Agricultural Economics
Oluwagbemileke Elizabeth, a University of Ibadan graduate, earned a degree in agricultural economics despite initially wanting nursing. She now embraces her path and shares her gratitude.
Oil Prices Drop as US Awaits Iran Response to Peace Deal
Global crude oil prices fell to $102 per barrel amid hopes of US-Iran peace talks, easing Middle East tensions. Nigeria faces mixed impact.
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FG Approves Five Deep Seaports to Reclaim Cargo Traffic
The Federal Government has approved certification for five deep seaports to stop Nigeria from losing over 70% of cargo traffic to neighbouring countries.
Ogun Commissions Cassava Centre, Solar Borehole
Ogun State Government commissions a cassava processing centre and solar-powered borehole in Obafe community to boost food security and agro-industrial development.
2026 World Cup Ball Trionda Needs Charging Before Play
Trionda, the official 2026 World Cup ball, features a 14-gram sensor that requires charging before matches. It transmits real-time data to VAR for offside and goal-line decisions.
Naira Gains Against US Dollar, Euro in Official Market
The naira appreciated against the US dollar and euro in the official market on May 21, 2026, while slightly falling against the British pound. CBN reaffirms commitment to exchange rate stability.
Cross River Launches VoSEP for Youth Entrepreneurial Skills
Cross River State launches VoSEP to train youths in vocational skills and entrepreneurship, aiming to reduce unemployment and foster self-reliance.
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Insurance Isn't Only for the Rich: Why Every Nigerian Needs It
Discover why insurance is essential for every Nigerian, offering financial protection, legal compliance, and peace of mind against unexpected disasters.
Chinese Firms May Control 51% Stake in Two Nigerian Refineries
NNPC Ltd is considering a partnership that could give Chinese investors a controlling 51% stake in the Port Harcourt and Warri refineries to revive operations and ensure long-term profitability.
Oil Prices Drop as US Proposes Peace Deal to Iran
Global crude oil prices fell to $102 per barrel amid hopes of US-Iran peace talks, easing supply disruption fears and stabilizing markets.
Alaoji Power Plant Returns, Adds 370MW to Nigeria Grid
Alaoji Open Cycle Power Plant in Abia State resumes operation after two years, adding 370MW to Nigeria's grid and boosting industrial growth.
CBN Invites Bids for Construction, Consultancy Projects in 2026
The Central Bank of Nigeria calls for Expressions of Interest from contractors and consultants for 2026 projects covering construction, ICT, consultancy, and security upgrades.
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Abuja Podcaster Regrets Starlink, Details N800k Loss
Abuja-based podcaster KAA laments wasting over N800k on Starlink, citing poor upload speeds. He advises others against buying the device, sparking mixed reactions online.
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