Customs New Clearance System to Reduce Airport Delays
Nigeria Customs Service introduces a new clearance system to ease airport delays, enhance digital processing, and improve trade facilitation at airports.
Nigeria Customs Service introduces a new clearance system to ease airport delays, enhance digital processing, and improve trade facilitation at airports.
Taiwo Joda of Accion Microfinance Bank inaugurated as CIBN governing council member, highlighting microfinance inclusion and systemic risk.
Iquo Ukoh and Lolu Akinwunmi have been named co-chairs of the 2026 CMO Circle, a platform for marketing leaders to discuss growth and policy.
PalmPay's financial inclusion initiative empowers over 2,000 women in Kano and Kaduna through digital banking, POS terminals, and financial literacy workshops.
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RecommendedBolt CEO Ryan Breslow defends firing the entire HR team, claiming they created problems that didn't exist. The fintech firm cut 30% of staff, replacing HR with a smaller people operations team.
Revolutionplus Property Company addresses delays on Flourish Apartments and Terraces in Lekki, citing inflation and forex issues. MD Dr. Bamidele Onalaja assures completion within months.
Nigeria faces a digital exclusion crisis despite existing infrastructure. Systemic failures, cultural resistance, and lack of accountability perpetuate disconnection from opportunities.
Tatum Bank's board and management visited Lagos Governor Babajide Sanwo-Olu to forge a strategic partnership for economic growth and financial inclusion.
Prince Justice Faloye calls for a national war on poverty by enforcing Chapter II of Nigeria's 1999 Constitution, criticizing past governments for neglecting its socio-economic directives.
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RecommendedAliko Dangote announces the Dangote Petroleum Refinery IPO will focus on retail investors, with the facility representing 10% of US refining capacity and aiming for Africa's highest turnover.
The Federal Government has approved five deep seaport projects to reclaim over 70% of Nigerian-bound cargo traffic from African ports, enhancing trade capacity.
The Nigerian stock market fell for the second day, with the All-Share Index dropping below 250,000. Industrial, consumer goods, and banking sectors led the decline, while insurance gained.
Senator Natasha Akpoti-Uduaghan mourns Salihu Suleiman Okatahi (Kwadeco), praising his contributions to healthcare and community development in Ebiraland.
Food inflation has crossed 20% in 11 Nigerian states, with Enugu leading at 32.7%, worsening the cost of living crisis ahead of Eid-el-Kabir.
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RecommendedPetrol gantry prices remain at N1,275/L in Nigeria despite global crude oil surpassing $108 per barrel, while diesel and aviation fuel show mixed movements.
Layer3 says Africa's digital transformation requires partnerships connecting global tech with local execution to scale sustainably and reduce infrastructure gaps.
The Southwest Development Commission obtains a provisional rail licence from NRC to build a regional rail network connecting 44 cities across six states in Nigeria's South-West region.
Nigeria's Net Zero Investment Plan aims to drive climate finance and sustainable growth, aligning with Agenda 2050 and global climate goals.
Air Peace, Ibom Air, and United Nigeria Airlines raise ticket prices above N200,000 on domestic routes due to soaring aviation fuel costs and operational expenses.
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RecommendedLagos State aims to attract $2.5 billion in investments and over 600 delegates at the Invest Lagos 3.0 Summit, positioning the state as Africa's business gateway.
FSSS, with Heineken Africa Foundation support, launches 11 Farmers Hubs in Bauchi North to enhance agricultural productivity, tackle poverty, and promote climate-resilient farming.
The Central Bank of Nigeria keeps benchmark interest rate unchanged at 26.5% despite inflation climbing to 15.69% in April 2026.
NMDPRA declares mandatory compliance with HCDT framework under PIA, unveils digital portal to enhance transparency and accountability in host community trust administration.
Experts advocate cooperative financing for social housing in Nigeria, targeting low- and middle-income earners excluded from costly mortgages.
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RecommendedNigeria Revenue Service and Joint Revenue Board launch a new Tax ID system to simplify tax compliance, enhance transparency, and unify taxpayer records across federal and state levels.
The Monetary Policy Committee of the Central Bank of Nigeria kept the benchmark interest rate unchanged at 26.5% during its 305th meeting, maintaining all key monetary parameters.
Niger Delta Power Holding Company plans to inject 1,500MW into Lagos, aiming for 24-hour electricity. Collaboration with LASERC targets stable power for Africa's largest commercial hub.
Lagos State government ramps up investments in festivals, heritage, and infrastructure to position the state as Africa's leading tourism, entertainment, and creative economy destination.
The AfCFTA unveils the 2026 Startup Acceleration Programme to support 30 African startups with mentorship, training, and investment opportunities. Applications close May 31.
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RecommendedNigeria launches Kasi Cloud LOS1 Data Centre, the largest in West Africa, to retain $850m in forex and boost digital sovereignty.