BVN Hits 67.8m, Bank Accounts 325.6m in Nigeria
Nigeria's BVN database grows to 67.8 million, a 6.8% yearly increase. Active bank accounts now stand at 325.6 million, showcasing financial inclusion progress. Read the full analysis.
Category : Business
Expert: Consumer Credit Key to Boosting Local Production
Aviation expert Capt. Samuel Caulcrick urges expansion of consumer credit for local goods to stimulate production, create jobs, and curb imports. Discover his economic strategy.
Realtor Advocates Staff Housing as Employment Benefit
Dr. Meckson Okoro urges policy shift for companies to provide housing via Renewed Hope Estates, using FMBN funding. New MoU signed for estates in Abuja, Kano, and Lagos.
Champion Breweries Opens N42bn Public Share Offer
Champion Breweries Plc has opened a N42 billion public offer to fund its acquisition of the Bullet brand portfolio and drive pan-African expansion. The offer closes on 21 January 2026.
Nigerian Couple Opens Second Filling Station From Scratch
A Nigerian couple who met in 2009 with no money have opened their second filling station, DP Oil & Gas. Their story of love and perseverance inspires many. Read their journey from squatting to success.
14,800 Ondo Youths Targeted in IFAD LIFE-ND Project
Over 14,800 youths in Ondo State are set to benefit from IFAD's LIFE-ND Additional Financing programme, focusing on agriculture and enterprise. Learn how to apply.
Venezuela Oil Ships Head to US as Storage Nears Capacity
Three Chevron-chartered tankers are transporting Venezuelan crude to the US, as sanctions cause a major storage buildup. Get the latest on the oil shipments and the looming capacity crisis.
Nigerian Stock Market Extends Gains, ASI Rises to 160,806.56
The Nigerian stock market closed higher on Thursday, January 8, 2026, with the All-Share Index gaining 0.13%. Investor wealth grew by N137.35 billion. Read the full market analysis and top gainers here.
PETROAN: How to Lower Fuel Prices in 2026
PETROAN outlines critical steps for cheaper fuel in 2026, citing crude supply and policy stability. Learn about the naira-for-crude policy's challenges and new refinery impact.
Ex-CBN Deputy Gov: Tinubu's Reforms Averted Economic Collapse
Former CBN Deputy Governor Tunde Lemo credits President Tinubu's tough reforms for stabilizing Nigeria's economy, citing falling inflation and improved forex stability. Read his full analysis.
Uganda Airlines Strands Passengers in Lagos Again
Uganda Airlines has left over 100 passengers stranded at Lagos's MMIA, the second such incident in weeks. Passengers decry lack of communication. Read the full report.
NCAA to Impose Stiffer Sanctions for Flight Delays
Nigeria's aviation regulator warns of tougher penalties for domestic airlines causing chronic flight disruptions. Learn about the new enforcement measures and passenger rights.
Tinubu Hails NGX's N100 Trillion Market Capitalisation
President Bola Tinubu celebrates the Nigerian Exchange surpassing N100 trillion market cap, urging citizens to deepen domestic investments. He links the feat to economic reforms and projects stronger 2026 returns.
16 Fuel Ships Dock in Lagos, Customs Revenue Hits N2.93tn
Sixteen ships carrying petrol, diesel, and aviation fuel have arrived at Lagos ports. Meanwhile, the Apapa Customs Command announced a record N2.93 trillion revenue for 2025, a 24.32% increase.
Union Gives Ultimatum to Unity Bank Over Staff Sack
ASSBIFI demands Unity Bank recall over 100 terminated employees, citing breach of labour laws and merger agreement. The union threatens industrial action if demands are not met.
Convert Airtime to Cash Instantly with Mighty.ng
Learn how to turn excess airtime into real money in minutes using Mighty.ng's secure platform. Get the best rates and direct bank transfers in Nigeria.
2026 Naira Forecast: N1,350 to N1,450 per Dollar
Financial experts project the naira will trade between N1,350 and N1,450 against the US dollar in 2026. Discover the key factors influencing this forecast and what it means for Nigeria's economy.
New VAT Formula Boosts States' Share to 55% in 2026
Nigeria's new VAT sharing formula, effective January 2026, shifts N461.27bn to states. Federal allocation drops to 10%. Discover the state-by-state impact and fiscal future.
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FG Nullifies Sale of FAAN Staff Quarters Nationwide
The Federal Government has nullified the sale of FAAN staff quarters nationwide. Minister Festus Keyamo announced the decision, citing security concerns in sensitive airport zones. Read the full details.
Addme's Stress-Free Start Event in Lagos Market
Addme Nutrition Limited launched the new year with a vibrant balloon release at Ikotun Market, Lagos, promoting stress-free living. The event featured giveaways, meals, and a powerful message about simplifying daily cooking for Nigerian families.
Cooking Gas Prices Drop as Supply Improves in Nigeria
Nigerian households get relief as cooking gas (LPG) prices fall to between N1,000 and N1,400 per kg. Improved supply from late 2025 ends months of scarcity. Read the full market report.
UBA Beats CBN's N500bn Capital Target Early
United Bank for Africa (UBA) has officially exceeded the Central Bank's N500bn capital requirement for international banks. The feat, achieved via a N178.3bn rights issue, positions UBA for expansion ahead of the March 2026 deadline. Read the full details
Nigeria Customs Announces Duty Waiver for Personal Vehicles
Nigeria Customs Service introduces a temporary import scheme for personal vehicles, allowing duty-free entry for up to 90 days for tourists and business visitors. Learn the rules and required documents.
Kaduna Farmers Seek FG Help Over N10.16bn Loss
Over 2,143 Kaduna grain farmers appeal to the Federal Government for subsidised inputs after a devastating N10.16 billion loss in 2025. Read their urgent plea to avert a food security crisis.
Off-grid power expands but 90m Nigerians still lack electricity
Nigeria's solar mini-grid drive is reducing energy poverty, but experts warn progress is too slow against population growth and funding gaps. Can universal access be achieved? Read the full analysis.
NAHCO, SAHCO announce new airline deals and 2026 priorities
NAHCO secures major handling contracts with Air France, KLM & others. SAHCO commits to operational excellence and innovation in 2026. Key developments for Nigeria's aviation ground handling sector.
Rewane: Falling Oil Prices Threaten Nigeria's Budget
Economist Bismarck Rewane warns Nigeria faces fiscal deficits from falling crude oil prices. He projects market growth but urges spending efficiency. Read his full analysis.
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