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.
Petrol 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.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
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.
Lagos 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.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
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.
Nigeria 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.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
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.
Nigeria launches Kasi Cloud LOS1 Data Centre, the largest in West Africa, to retain $850m in forex and boost digital sovereignty.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Explore the top reasons to start forex trading in 2024, including high liquidity, low entry barriers, leverage, global market trends, and technological advancements.
Discover why forex trading is booming in 2024: high liquidity, low entry barriers, leverage opportunities, global market dynamics, and tech advancements like AI and mobile apps.
Nigeria's foreign exchange market gets a major boost as dollar inflows hit $112 billion in 12 months, driven by autonomous sources and CBN reforms, improving investor confidence.
The World Bank warns that Africa's widening skills gap threatens economic growth, productivity, and job creation, urging urgent investment in education and training reforms.
Moniepoint's second DreamDevs Bootcamp cohort will showcase software engineering projects at a Demo Day in Lagos on May 26, 2026, after nine weeks of intensive training.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Nigerian airlines have raised minimum base fares to N200,000 for one-way tickets, citing soaring aviation fuel costs and operational challenges.
Nigerian airlines have increased minimum base fares to N200,000 for one-way tickets, driven by rising aviation fuel costs and operational challenges.
The naira weakened slightly against the US dollar in official and parallel markets but gained against the British pound and euro, as CBN data shows marginal shifts.
The IMF warns that a 20% rise in food prices from the Middle East war could push over 20 million sub-Saharan Africans into food insecurity and leave 2 million children malnourished.
Dangote Industries announces a new deep-sea port in Ogun State, aiming to boost logistics, exports, and regional trade under Vision 2030.
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Nigeria's UN envoy Jimoh Ibrahim directs the Nigerian Mission in New York to open a UBA account within seven days, ending a 42-year absence of banking ties.
