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.
The African Development Bank warns that rising debt levels across Africa threaten economic stability, with Nigeria, Ghana, and South Africa at high risk.
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 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.
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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RecommendedAnalysis of Nigeria's banking sector recapitalisation under Tinubunomics, examining its necessity, risks, and impact on the $1 trillion economy goal.
Nigeria faces economic hurdles including inflation and unemployment, but strategic reforms and diversification offer a path to sustainable growth.
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 State calls on 57 council chairmen to mobilize residents for monthly sanitation, emphasizing civic duty and environmental sustainability.
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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RecommendedLinkage Assurance Plc reports 748% profit surge to N6.25 billion in Q1 2026, driven by high-yield investments amid economic challenges.
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.
Nigerian aviation authority urged to enforce stricter passenger protection after a 15-hour delay by United Nigeria Airlines left travelers stranded without proper communication.
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 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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RecommendedA martial arts school in Lagos offers Wudang internal boxing, emphasizing discipline and emotional regulation as practical tools for surviving Nigeria's volatile economy.
Former President Olusegun Obasanjo disclosed his 40-year struggle with diabetes, emphasizing lifestyle management and the DREMS approach to health.
An experienced Nigerian farmer shares crucial factors to consider before starting a poultry business, including land costs, bird prices, and location.
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 ranked second in NGX weekly broker performance, with ₦18.19 billion in transactions, showcasing strong capital market activity.
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RecommendedSaudi Arabia has opened Umrah visa applications via the Nusuk platform for the 1448 AH season, allowing pilgrims to enter until March 2027.
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.
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.
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.
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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RecommendedDr. 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.
Nigerian Exchange gains 0.27% in shortened week, with financial services stocks leading activity. Market cap reaches N160.5 trillion.
ATSSSAN commends SAHCO for a 40% salary increase, urging long service awards and female training opportunities. SAHCO MD stresses discipline and substance abuse prevention.
Aviation expert Olufemi Adeniji calls on NCAA to enforce stricter passenger protection measures after severe flight delays by domestic carriers.
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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RecommendedNigeria and Liberia are deepening maritime cooperation to enhance regional integration, capacity building, and Africa's Blue Economy, NIMASA says.