AfDB Warns Nigeria, Others on Rising Debt Risks
The African Development Bank warns that rising debt levels across Africa threaten economic stability, with Nigeria, Ghana, and South Africa at high risk.
Category : Business
Stakeholders Urge Risk Management Boost in Engineering
Stakeholders urge stronger risk management in Nigeria's chemical engineering sector to boost GDP and reduce losses, emphasizing skills in oil, gas, manufacturing, and renewable energy.
RusselSmith Formally Transitions to Arridex
RusselSmith Nigeria Limited has changed its name to Arridex, reflecting its expansion beyond oil and gas into multi-sector industrial technology, and will commission West Africa's first additive manufacturing facility in Lagos.
Cooperatives Target Affordable Housing via Digital Finance
Stakeholders at the Cooperative Housing Summit Africa call for digital finance, stronger governance, and innovative funding to boost affordable housing in Nigeria and Africa.
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Banking Recapitalisation: Tinubunomics Reform Pillar
Analysis of Nigeria's banking sector recapitalisation under Tinubunomics, examining its necessity, risks, and impact on the $1 trillion economy goal.
Nigeria's Economic Challenges and Recovery Path
Nigeria faces economic hurdles including inflation and unemployment, but strategic reforms and diversification offer a path to sustainable growth.
Navy Commissions Housing, Golf Clubhouse in Lagos
The Nigerian Navy commissioned a 48-unit apartment block, a golf clubhouse, and 16 flats in Lagos to mark its 70th anniversary, boosting personnel welfare.
Lagos Urges Council Chairmen to Boost Sanitation Participation
Lagos State calls on 57 council chairmen to mobilize residents for monthly sanitation, emphasizing civic duty and environmental sustainability.
Nigeria Coffee Revival Initiative Launched for Revenue Growth
Nigeria launches Coffee Revival Initiative to boost production and exports, targeting a decline from 40,800 to 39,900 bags by 2028, with support from FAO and COCEFAAA.
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Linkage Assurance profit surges 748% as insurers benefit
Linkage Assurance Plc reports 748% profit surge to N6.25 billion in Q1 2026, driven by high-yield investments amid economic challenges.
Cleric Supports 300 Elderly Persons Monthly in Anambra
Rev. Fr. Emmanuel Obimma provides monthly cash and rice to 300 elderly people in Nkwelle-Ezunaka, Anambra, and plans charity visits to prisons and homes for the less privileged.
NCAA Urged to Enforce Stronger Passenger Protection
Nigerian aviation authority urged to enforce stricter passenger protection after a 15-hour delay by United Nigeria Airlines left travelers stranded without proper communication.
Cotton Can Lift Southwest Economy, Says Oduyemi
Agribusiness advocate Omowumi Helen Oduyemi says large-scale cotton production with modern practices can lift Southwest Nigeria's economy through job creation and export earnings.
NEM Insurance Pays N41.46bn Claims, Gets Rating Upgrade
NEM Insurance paid N41.46 billion in claims in 2025, up from N24.24 billion in 2024, and received a rating upgrade to AA+(NG) from GCR Ratings, reflecting strong financial performance.
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Wudang in Lagos: Discipline as Economic Strategy
A martial arts school in Lagos offers Wudang internal boxing, emphasizing discipline and emotional regulation as practical tools for surviving Nigeria's volatile economy.
Obasanjo Reveals 40-Year Diabetes Battle, Says Not Curable
Former President Olusegun Obasanjo disclosed his 40-year struggle with diabetes, emphasizing lifestyle management and the DREMS approach to health.
Before Starting Poultry Business in Nigeria: Key Factors
An experienced Nigerian farmer shares crucial factors to consider before starting a poultry business, including land costs, bird prices, and location.
Lange and Grant Targets Affordable Housing with Modular Build
Lange and Grant Commodities Limited announces a strategic focus on industrialized construction and modular housing to reduce Nigeria's housing deficit and lower costs.
Cowry Securities Shines in NGX Weekly Broker Rankings
Cowry Securities ranked second in NGX weekly broker performance, with ₦18.19 billion in transactions, showcasing strong capital market activity.
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Saudi Arabia Opens Umrah Visa Issuance for New Season
Saudi Arabia has opened Umrah visa applications via the Nusuk platform for the 1448 AH season, allowing pilgrims to enter until March 2027.
Naira strengthens to N1,373/$ as rate convergence deepens
The naira appreciated 0.16% to N1,373.25/$ at the official market, while external reserves rose to $49.26 billion. Analysts expect mixed trends amid liquidity challenges.
Top 10 Biggest Commercial Banks in Nigeria by Assets in 2026
Access Holdings leads Nigeria's top banks by total assets in Q1 2026, followed by UBA and Zenith Bank. Total assets grew amid forex gains and stable banking sector.
No Delta Company Pays N500k Salary - Gov's Aide
Ese Obire, aide to Delta State Governor, says no local company pays N400k-N500k salaries, criticizing wealthy elites for investing in entertainment instead of industrialization.
Osun Monarchs Commend Road Reconstruction Approval
Traditional rulers from Osun West Senatorial District commend President Bola Tinubu for approving the reconstruction of the 90.9-km Osogbo-Iwo-Ibadan Road, lauding Minister Adegboyega Oyetola for facilitating the project.
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Businesswoman Seeks CBN Help in Access Bank Loan Row
Dr. Lydia Okodogbe of Eleo Trust Enterprises calls on CBN to compel Access Bank to release her loan statement, alleging business collapse and 400 job losses.
NGX Ends Week Positive, Market Cap Hits N160.5 Trillion
Nigerian Exchange gains 0.27% in shortened week, with financial services stocks leading activity. Market cap reaches N160.5 trillion.
ATSSSAN Lauds SAHCO Over 40% Salary Increase
ATSSSAN commends SAHCO for a 40% salary increase, urging long service awards and female training opportunities. SAHCO MD stresses discipline and substance abuse prevention.
NCAA Urged to Strengthen Passenger Protection Rules
Aviation expert Olufemi Adeniji calls on NCAA to enforce stricter passenger protection measures after severe flight delays by domestic carriers.
Nigerians Need N1,541 Daily for Healthy Diet; Ekiti Tops List
The cost of a healthy diet in Nigeria rose to N1,541 per adult per day in March 2026. Ekiti, Imo, and Abia are the most expensive states, while Adamawa is cheapest.
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Nigeria, Liberia Boost Maritime Ties for Blue Economy
Nigeria and Liberia are deepening maritime cooperation to enhance regional integration, capacity building, and Africa's Blue Economy, NIMASA says.
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