Tasty Tom & De Rica Promo Ends, Awards 18 Millionaires
The Millionaire Splash promotion by Tasty Tom and De Rica has officially concluded, creating 18 new millionaires and rewarding over 216,000 Nigerians with cash prizes and airtime.
Category : Business
Oranto Petroleum Details Senegal Exit Over Contract Breach
Nigerian billionaire Arthur Eze's Oranto Petroleum reveals it suspended Senegal investments due to government contract breaches, disputing claims of inadequate investment.
All Indonesian Plane Crash Victims Found After 7 Days
Search teams have recovered all ten victims from the Indonesian plane that crashed in Mount Bulusaraung, South Sulawesi, concluding a week-long rescue mission.
CVFF Portal Opens After 23 Years, $25M for Shipowners
After 23 years, Nigeria's Federal Government has launched the CVFF portal, providing indigenous shipowners access to up to $25 million each for vessel acquisition with 6.5% interest rates.
Tinubu Approves Shell Bonga Project Incentives, Demands 2027 FID
President Bola Tinubu has approved targeted incentives for Shell's Bonga South West deep-offshore oil project to attract investment, create jobs, and boost Nigeria's economy, with a demand for Final Investment Decision before 2027.
Tinubu Approves Oil Drilling and Seaport in Ogun
President Bola Tinubu has approved commercial oil drilling at Tongeji Island and the Olokola Deep Seaport project in Ogun State, with the Nigerian Navy establishing a security base.
Japan Suspends World's Biggest Nuclear Plant Restart
Japan has suspended the restart of the Kashiwazaki-Kariwa nuclear plant after an alarm triggered during startup, with no timeline for resolution. The plant had been offline since the 2011 Fukushima disaster.
Nigerian Stock Market Closes Bearish on Thursday
The Nigerian stock market ended Thursday's trading session in negative territory, with the All-Share Index dropping 0.52% as investors took profits in cement, oil and gas, and banking sectors.
CBN Discloses Payments to Depositors of Failed Banks in 2025
The Central Bank of Nigeria has disclosed payments of N3.31 billion to insured depositors and significant sums to uninsured depositors of failed financial institutions during the first half of 2025.
Top Bitcoin Selling Platforms in Nigeria for 2026
Discover the top 7 trusted platforms to sell Bitcoin in Nigeria in 2026, focusing on speed, security, and fair rates to avoid scams and delays.
Nigeria Among Top 10 Cheapest Petrol Countries in 2025
Nigeria has been ranked among the top 10 countries with the cheapest petrol prices globally in 2025, thanks to Dangote Refinery's price reductions and increased local refining capacity.
Zenith Bank Acquires Kenyan Lender After Meeting CBN Target
Nigeria's Zenith Bank secures regulatory approval to acquire Paramount Bank in Kenya, marking a strategic expansion into East Africa and diversifying earnings beyond Nigeria.
Nigerian Mechanic Transforms Wrecked Mercedes-Benz C300
A Nigerian auto repair specialist and his team have amazed social media by completely restoring a severely damaged Mercedes-Benz C300, making it look brand new through skilled panel beating and painting.
N1.58 Trillion Petrol Spending in December 2025
Official NMDPRA data shows Nigerians consumed 1.97 billion litres of petrol in December 2025, spending N1.58 trillion amid festive travel and commercial activities.
How to Book Flights Online in Nigeria: Complete Guide
Learn how to book flights online in Nigeria with this comprehensive step-by-step guide. Discover expert tips on comparing prices, securing documents, and avoiding common booking mistakes for both domestic and international travel.
Polyrocks & Goonite Hygiene Host Women's Care Awareness Drive
Polyrocks and Goonite Hygiene organized a women's care and personal hygiene awareness campaign at Caleb British International School and Ojuwoye Market, distributing products and promoting health education as part of their CSR initiative.
Spain's Third Train Crash in Days After Crane Collision
Spain faces another rail emergency as a commuter train collides with a crane, causing injuries and service disruptions. This incident follows two deadly train crashes earlier in the week.
Woman Cries Out Over Fast-Draining Free Prepaid Meter Units
A Nigerian woman shares her frustration as her free government-installed prepaid meter consumes N30,000 worth of electricity units in just 11 days, sparking online reactions.
NCC Issues 6 New ISP Licences, Boosting Broadband Competition
The Nigerian Communications Commission has approved six new Internet Service Providers, increasing licensed ISPs to 231. The move intensifies competition with major players like Spectranet and Smile facing new challenges.
Local Refineries to Cut Petrol Imports by 2026, Marketers Face Losses
Nigeria's downstream oil sector is undergoing a major transformation as Dangote Refinery and modular plants increase production, aiming to significantly reduce petrol imports by 2026 while fuel marketers face declining margins.
Kano Darkness: KEDCO Workers Strike Over Welfare Issues
Kano residents face prolonged blackout as electricity workers strike indefinitely over unpaid pensions and selective promotions. KEDCO denies allegations, claiming 80% pension payments made.
Designer Rejects N400k Over 'Burial Support' Bank Narration
A Lagos-based bag designer, Jennifer Oamhen Thomas, reversed N400,000 sent by a student's father due to an inappropriate 'burial support' transaction narration, insisting on proper documentation for her business.
NAFDAC Enforces Ban on Sachet Alcohol Nationwide
NAFDAC has begun enforcing a ban on alcohol in sachets and small PET bottles to protect minors from health risks, following Senate authorization.
Naira Gains in Black Market, Weakens Officially Amid 2026 Optimism
The Nigerian naira displayed contrasting movements across official and parallel markets, with analysts predicting stronger performance in 2026 driven by agricultural improvements and lower inflation.
CPPE Warns Against Soft Drink Tax, Cites Economic Risks
The Centre for Promotion of Private Enterprise cautions against proposed sugar tax on beverages like Coke and Fanta, warning it could harm manufacturing and jobs without effectively addressing diabetes causes.
Cooking Gas Prices Soar Despite 87% Local Production in Nigeria
Nigeria's LPG market shows 87% domestic supply in 2025, yet households face rising prices due to high transport costs and distribution challenges despite declining imports.
FCCPC Deadline for Loan Apps, 100 on Watch List
Nigeria's FCCPC extends compliance deadline to April 2026 for digital lenders, names 100 loan apps on watch list to regularise operations under new regulations.
CBN Alerts on New Banking Fraud Trends Amid Digital Payment Growth
The Central Bank of Nigeria has raised alarm over emerging fraud threats in the banking sector, calling for faster industry responses as digital transactions surge nationwide.
CBN Orders 30-Minute Fraud Response by Nigerian Banks
The Central Bank of Nigeria has directed major financial institutions including Access, Zenith, and UBA to reduce fraud response times to under 30 minutes to combat rising digital threats and enhance customer protection.
Daughter Pleads for Patronage for Mum's Tomato Shop
A Nigerian lady on TikTok appeals for customers after her mother's new tomato and pepper shop fails to attract buyers despite affordable prices and fresh stock.
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