22 Banks Secure as 2026 Recapitalization Deadline Nears
As the March 31, 2026 deadline looms, 22 of 34 Nigerian banks have secured their licenses under new CBN capital rules. Find out which banks are safe and what mergers are reshaping the sector.
Category : Business
FG Releases 2026 Approved Loan Apps List
Discover the top 10 loan apps in Nigeria for 2026 as the FCCPC releases its approved list of 457 digital lenders. Compare interest rates, loan amounts, and key borrowing tips.
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Weird Nigerian Businesses That Made Millions
From mobile toilets to unbranded perfumes, discover 9 unusual Nigerian business ideas that generated millions by creatively solving common problems. Learn why they succeeded.
MRS Displaces NNPC as Nigeria's Cheapest Petrol Seller
MRS Oil Nigeria, backed by Dangote Refinery, now sells petrol at N739/litre, undercutting NNPC's prices. This marks a major shift in Nigeria's downstream fuel market dominance. Discover the new pricing landscape.
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Ethiopia starts building Africa's biggest $12.7bn airport
Ethiopia has launched construction of a $12.7 billion mega-airport in Bishoftu, designed to handle 110 million passengers annually. The project aims to cement the country's status as Africa's premier aviation hub. Read more about this historic infrastruct
Dangote Refinery Blames Ex-NMDPRA for Petrol Import Spike
Dangote Refinery denies supply breakdown with marketers, accuses former NMDPRA leaders of licensing excessive petrol imports in late 2025. IPMAN supports local refinery capacity.
Oyedele faults KPMG report on Nigeria's new tax laws
Taiwo Oyedele clarifies Nigeria's new tax laws, countering KPMG's report. He explains policy intent behind capital gains, FX deductions, and defends reforms designed to strengthen the Naira and protect local industries.
Taraba Boosts Livestock Sector with New Facilities, Assets
Taraba State commissions vital livestock infrastructure and distributes assets to farmers under the World Bank's L-PRES project, aiming to enhance food security and economic growth. Read more.
FG Responds to KPMG's Critique of New Tax Laws
The Presidential Fiscal Policy and Tax Reforms Committee has responded to KPMG's assessment of Nigeria's new tax laws, stating identified 'errors' are often policy disagreements. Read the full details.
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Secret Flight: How Exiled Somali Leader's Body Left Lagos
A Kenyan pilot details the covert 1995 operation to transport former Somali President Siad Barre's body from Lagos, Nigeria, to Somalia for burial. Read the full story of the secret mission.
Group Defends Tinubu's Approval of NNPC Legacy Balance Reconciliation
An advocacy group supports President Tinubu's move to reconcile NNPC's legacy balances, removing $1.42bn and N5.57trn deemed unrecoverable. They call for transparency in Nigeria's energy revenue management.
Banks Face Pressure as CBN Closes Easy-Money Window
Nigeria's banking sector braces for tough days as the CBN's termination of pandemic-era loan relief exposes hidden losses, pushing NPLs above the regulatory limit. Discover the sectors most at risk.
CBN Projects Petrol Price at N950/Litre in 2026
The Central Bank of Nigeria predicts petrol prices could rise to N950 per litre by 2026. Read the full analysis and what it means for Nigeria's economy and energy costs.
Ex-Ogun Adviser Slams Tinubu's Tax Reform as Anti-People
Former Ogun State Special Adviser, Dr Ibrahim Osinowo, criticises President Tinubu's tax reforms, calling them anti-people and a burden on struggling Nigerians. Read his full statement.
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PETROAN, NNPCL in Talks for Port Harcourt Refinery Takeover
PETROAN confirms discussions with NNPCL to acquire and revive the Port Harcourt Refinery for $2 billion. The move aims to boost local refining and stabilise fuel prices in Nigeria.
NANS Praises NCC Over New Refund Framework for Telecoms
Nigerian students hail NCC's new 30-second automatic refund rule for failed airtime and data transactions. Learn how this ₦10bn consumer protection move impacts millions.
Trump Pitches Venezuela Oil to US Majors, Faces Doubts
US President Trump urges oil executives to invest in Venezuela's vast reserves post-Maduro capture, promising security. CEOs remain wary, citing past seizures and calling the nation 'uninvestable'.
Nigeria's Oil Production to Hit 1.8mbpd by Q2 2026
A new report projects Nigeria's oil production could reach 1.8 million barrels per day by Q2 2026, driven by Ogoni fields revival and pipeline security. Discover the key milestones and economic impact.
Turkish Airlines' ₺100bn Investment for 26,000 Jobs
Turkish Airlines launches a massive ₺100 billion investment in eight new facilities, aiming to create 26,000 jobs in 2026 and become the world's top airline by 2033. Read more.
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Nigeria First Policy Fails to Boost Manufacturing Sector
Despite the 'Nigeria First' policy and past Executive Orders, Nigeria's manufacturing sector operates below 50% capacity. Experts cite weak enforcement and infrastructure gaps as key failures.
NOSDRA Boss Calls for Deliberate Food Production Drive
NOSDRA DG Chukwuemeka Woke advocates for a collective national effort in agriculture to achieve food security and economic stability in Nigeria. Read his full call to action.
SIFAX Group's 2026 Plan: Innovation & Social Impact Focus
SIFAX Group Chairman Dr. Taiwo Afolabi outlines 2026 strategy focused on innovation-driven growth and social impact via the Ajoke Ayisat Afolabi Foundation. Read about the conglomerate's expansion plans.
Govt Orders Airlines, Shipping Lines to Submit Manifests via NSW
The Federal Government has directed all shipping lines and airlines to submit cargo manifests via the National Single Window platform. This move aims to streamline trade, cut delays, and boost revenue. Read the full details.
Businesswoman's Grand Container Arrival Goes Viral
A Nigerian businesswoman's grand celebration for her second container shipment in Uyo, Akwa Ibom, trends on TikTok, drawing massive crowd and mixed reactions online. Watch the video and see netizens' comments.
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Guardian's 2025 Top 100 CEOs: Raymond Ijeomah's Rise
Discover how Raymond Ijeomah, CEO of Fortreal Rei Ltd, turned adversity into a real estate empire. Named among Nigeria's Top 100 Strategic CEOs, his TESS initiative is reshaping the sector. Read his transformative journey.
Analyst Defends Tinubu's 2026 Tax Reform Amid Suspension Calls
APC chieftain Atoyebi Paul commends President Tinubu's new tax acts set for 2026, arguing the outdated law needed reform despite public agitation for suspension. Details inside.
FG Establishes Nigeria House Davos for WEF 2026
Nigeria will debut its first official National House at the World Economic Forum in Davos in 2026. The platform aims to project economic reforms and attract foreign investment under a Public-Private Partnership. Read more.
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SBA Group's 'The SBA Solution' Bolsters African FMCG
SBA Group launches 'The SBA Solution,' reinforcing its role as Sub-Saharan Africa's critical FMCG technical backbone. Discover how they ensure operational continuity and cost efficiency for over 100 manufacturers.
SA Woman Laments Costly $314 Nigerian Tourist Visa
A South African TikToker expresses shock at paying $314 for a single-entry Nigerian tourist visa, calling it her most expensive ever. She plans to experience Nigerian culture in 2026.
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Blord: ₦60M Church Project Doubled My Wealth at 25
Cryptocurrency entrepreneur Blord recounts spending ₦60 million to roof his community's abandoned church at age 25 and claims the act significantly boosted his finances. Read the full story and netizens' reactions.
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