Poppi: Shark Tank Success to PepsiCo's $1.95bn Buy
Discover how Poppi, the prebiotic soda, went from a Shark Tank pitch to a billion-dollar brand, navigating rapid growth, lawsuits, and a transformative PepsiCo deal. Read the full story.
Category : Business
Hug Sleep Shark Tank Success: $37M Sales Milestone
Discover how Hug Sleep, the adult swaddle brand from Shark Tank, grew into a $37 million wellness powerhouse with Mark Cuban and Lori Greiner's backing. See their 2026 update.
Anambra community protests 10 years of neglect by oil firm
Residents of Ogwu Ikpele in Anambra block oil company SPEECO, citing a decade of unfulfilled promises, environmental damage, and lack of basic amenities. Read their full demands.
Nigeria's $49 Minimum Wage Ranks 11th in Africa
A 2026 report reveals stark minimum wage gaps across Africa. Nigeria's $49.18 monthly wage places it 11th among 15 nations, while Mauritius leads with $366. See the full ranking and analysis.
Shema, 10 Others Inaugurated Into Shippers' Council Board
Former Katsina Governor Ibrahim Shema chairs the newly inaugurated Nigerian Shippers' Council board. Minister Oyetola says the move aims to boost accountability and efficiency in Nigeria's blue economy sector.
World's Top 10 Richest Men in 2026: Musk Leads with $714B
Elon Musk's wealth hits $714.2B in 2026, leading the world's richest. See the full top 10 list, their net worths, and how Nigerian billionaire Abdul Samad Rabiu is rising globally.
Abuja Food Prices Fall as NBS Reports Inflation Decline
A new survey shows food prices have dropped in Abuja markets after the festive season, with NBS data confirming a decline in monthly food inflation. Experts warn the relief may be temporary without long-term policies.
IMF Upgrades Nigeria's 2026 Economic Growth Outlook
The IMF has revised Nigeria's 2026 growth projection upward to 4.4%, citing sustained reforms and macroeconomic improvements. Discover the details and key risks.
Lagos LIRS: Jan 31 Deadline for Employer Tax Returns
Lagos State Internal Revenue Service (LIRS) reminds employers to file 2025 annual tax returns by January 31, 2026, via eTax portal. Non-compliance attracts penalties under NTAA 2025.
Bank Customers Unhappy as New VAT Charges Begin
Nigerian bank customers express frustration as commercial banks implement 7.5% VAT on electronic services, adding to existing fees. Calls grow for CBN oversight. Read the full report.
CBN to Offer N1.15 Trillion in Treasury Bills
The Central Bank of Nigeria plans a major Treasury Bills auction this week to manage liquidity. Analysts predict strong investor demand. Read the full analysis.
FCMB Meets CBN Capital Rules Ahead of 2026 Deadline
FCMB Group Plc has successfully met the Central Bank of Nigeria's new capital requirements, securing its national banking licence. Discover which 20 banks are now compliant ahead of the March 2026 deadline.
Tributes for Former Guardian COO Dr Alexander Thomopulos
Family, colleagues, and friends pay heartfelt tributes to Dr Alexander Aristotelis Thomopulos, the former Chief Operating Officer of The Guardian Newspapers, who passed away in December 2025. Read the moving stories of his life and legacy.
Protesters Block Finance Minister, Gunshot Heard in Abuja
Tensions erupted at Nigeria's Finance Ministry as unpaid contractors blocked the minister. A gunshot was fired during the protest over N1.5 trillion debt. Read the full details.
NNPC Petrol Prices Unchanged This Week Despite Global Oil Rise
NNPC will not adjust petrol prices this week, with Lagos cheapest at N785 and Gombe most expensive at N965. Depots cut prices to compete with Dangote Refinery. Full state-by-state breakdown inside.
Cooking Gas Prices Fall in Major Nigerian Cities
LPG prices see a significant drop in Abuja, Lagos, and other cities. Dealers cite improved supply and FX stability. Find out the new rates and what it means for households.
20 Nigerian Banks Meet CBN's New Capital Rules
The Central Bank of Nigeria confirms 20 commercial banks have successfully met the new recapitalisation requirements. Discover the full list and what it means for Nigeria's trillion-dollar economy goal.
FG Reacts to Northern Elders' Gold Refinery Claims
The Federal Ministry of Solid Minerals Development clarifies that the Lagos gold refinery is a private venture, not a federal project, amid NEF's opposition. Read the full details.
Rogue Elephant Kills 22, Villagers Terrified
A one-tusked elephant in musth has killed 22 people in India, forcing villagers to sleep on rooftops. Officials call the attacks unprecedented. Read more on the human-wildlife conflict.
Spain's Worst Rail Crash in Decade Kills 39
Spain mourns after its deadliest rail disaster in over a decade. Two trains collided in Adamuz, Córdoba, leaving 39 dead and dozens injured. Details inside.
3 Modular Refineries Supply 2.4% of Nigeria's Diesel
New data reveals Waltersmith, Edo, and ARADEL refineries contributed modestly to diesel supply in December 2025, as Dangote Refinery ramps up petrol production. Read the full analysis.
Tinubu Mourns Kano Business Mogul Bature Abdulaziz
President Bola Tinubu mourns the death of Kano business leader Bature Abdulaziz, 76. Read his tribute and the legacy of the Harmonised Traders Association president.
Abuja Disco Restructures into HoldCo, Unveils New Subsidiaries
Abuja Electricity Distribution Plc (AEDC) has restructured into a Holding Company, creating Niger and Kogi DisCos to comply with the 2023 Electricity Act. Read about the new leadership and strategic goals.
Nigeria's Dele Alake Re-elected AMSG Chairman in Saudi Arabia
Nigeria's Minister of Solid Minerals, Dele Alake, secures a second term as head of the Africa Minerals Strategy Group, outlining plans for continental collaboration and value addition. Read more.
New 7.5% VAT on Mobile, USSD Bank Charges Kicks In
Nigeria enforces 7.5% VAT on digital banking service fees from Jan 19, 2026. Learn how it affects your mobile transfers and USSD transactions, and who will feel it most.
Qatar Airways Lagos-Doha flight returns safely
A Qatar Airways flight from Lagos to Doha safely returned to Lagos due to a technical issue. The NCAA confirms all safety protocols were followed and passengers are safe. Read the full details.
Naira at N1,490/$ as Parallel-Official Market Gap Widens
The Nigerian naira weakened to N1,490 per dollar in the parallel market, creating the widest gap with the official rate since February 2025. Get the full analysis of the forex pressures and CBN's latest moves.
ATM Withdrawals Jump 198% to ₦36.34 Trillion in H1 2025
Nigerians' ATM cash withdrawals surged to ₦36.34 trillion in H1 2025, defying CBN's fee hikes. Public backlash grows as policy hits low-income earners hardest. Discover the data and implications.
Nigeria's November Oil Output Falls to 1.486m bpd
Nigeria's crude oil production declined to 1.486 million barrels per day in November 2025, falling short of its OPEC quota. Experts cite insecurity and policy gaps as key reasons. Read the full analysis.
Nigeria's FIRS Transforms into NRS in Major Tax Reform
Nigeria's tax system enters a new era as FIRS becomes NRS. Discover the focus on tech, fairness, and efficiency aimed at boosting revenue and easing burdens. Read the full analysis.
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