Crisis Over Alleged Illegal Land Takeover in Anambra
Tension erupts in Anambra's Oze as armed men allegedly backed by officials seize land, destroy property. Residents petition Gov. Soludo, demand justice. #AnambraCrisis
Category : Business
Nationwide Power Outage: Minister Gives 48-Hour Update
Minister of Power Adebayo Adelabu announces gas pipeline repairs will restore electricity nationwide within 48 hours. Read the full details on the grid collapse and regional impacts.
Naira Gains Against Dollar, Experts Predict 2026 Rate
The Naira extended its gains against the US dollar, reaching N1,449.99/$1 in the official market. Analysts from SBM Intelligence and Citibank provide contrasting forecasts for the currency's exchange rate in 2026.
NRC Records Heavy Turnout for 50% Yuletide Train Discount
Nigerian Railway Corporation reports surge in passengers as federal government's 50% festive season fare discount takes effect from Dec 23 to Jan 4. Enhanced safety measures deployed.
Access Holdings to Raise N40bn via Private Placement
Access Holdings plans a N40bn private placement in foreign currency to meet CBN's recapitalisation rules and fund expansion. The move comes as the March deadline nears.
Bank Transfer Costs to Rise in Nigeria from 2026
Starting January 2026, Nigerians will pay higher charges for online transfers as the government reintroduces stamp duty. Find out how this policy shift will impact your wallet.
Fuel Scarcity: Calls for More Dangote Partner Stations
Nigerian motorists face long queues at few MRS stations selling Dangote petrol at N739. They urge the refinery to partner with more outlets for wider access to affordable fuel. Report stations selling above price.
US Judge Upholds $100,000 Fee for H-1B Tech Visas
A US federal judge has upheld the Trump administration's $100,000 fee for new H-1B visas, a move opposed by business groups. Read the full details and implications for global tech talent.
Banks to Close Early for Festive Holidays, Urge Digital Use
Nigerian banks will close branches early on Dec 24 & 31 and fully on Dec 25 & Jan 1. Customers advised to use ATMs, mobile apps, and USSD for transactions during the public holidays.
Naira to Trade N1,470-N1,520/$1 in 2026, Say Experts
Economic analysts forecast a stable naira exchange rate in 2026, with the CBN prioritizing market confidence and reduced volatility over aggressive appreciation. Key projections and government expectations revealed.
Akara Seller Buys Motorcycle, Expands Business
A Nigerian roadside akara seller inspires many after buying a brand new motorcycle to expand into delivery services. See her viral TikTok success story and the reactions.
Peak Milk's 2025 Christmas Campaign Brings Joy Nationwide
Peak Milk's 2025 'Enjoy Christmas At Its Peak' campaign spreads festive cheer across Nigeria with activations in Lagos, PH, Abuja & more from Dec 1-26. Join the celebration!
Massive Turnout for Nigeria's 50% Yuletide Train Discount
Nigerian Railway Corporation's 50% festive fare discount triggers heavy passenger traffic on major routes like Lagos-Ibadan and Abuja-Kaduna. The initiative runs from Dec 23 to Jan 4 to ease holiday travel costs.
Indomie Nigeria Denies NAFDAC Alert on Local Products
Indomie Nigeria clarifies that a NAFDAC safety alert concerns a product recalled in France, not sold in Nigeria. The company assures all locally made noodles are safe. Read the full statement.
Nigeria's Endless Wait for Quality Telecom Experience in 2025
Despite a 50% tariff hike in January 2025, Nigerian telecom subscribers face dropped calls & slow internet. Explore the causes & economic impact of the persistent poor Quality of Experience (QoE).
LCCI Chief: Manufacturing, Not Oil, Key to Nigeria's Growth
New LCCI President Leye Kupoluyi outlines a blueprint for Nigeria's industrialisation, emphasising youth empowerment, AfCFTA benefits, and urgent reforms in power and regulation to revive manufacturing.
Investor Fatigue, $14bn Gap Stall Nigeria's Deep-Seaports
Nigeria's ambition to become West Africa's maritime hub is faltering as seven deep-seaport projects stall, needing $14bn. Lekki Port operates at just 20% capacity. Experts urge policy review and a 'Prioritisation Matrix'.
Glo's Christmas Message: A Call for Peace and Sacrifice
Globacom extends festive greetings, urging Nigerians to reflect on Christ's teachings of love, sacrifice, and compassion. The telco calls for peace and care for one another during the season. Read more.
Maritime Drug Smuggling Threatens Nigeria's Ports
A new report reveals criminal gangs are using 'legitimate' forwarding businesses to move drugs via commercial vessels. SEREC calls for urgent tech and institutional reforms to secure Nigeria's ports and supply chains. Read more.
APM Terminals, BMS Sign Deal to Enhance Lagos Port Operations
APM Terminals and Barging Marine Solutions sign exclusive lease to expand Apapa port services, aiming to ease congestion and boost trade capacity. Read the full story.
Investors Gain N579bn as NGX Santa Rally Continues
The Nigerian stock market surged again, adding N579 billion to investor wealth. The All-Share Index rose 0.59% to 153,354.14 points. Discover the top gainers and trading activity.
Ecobank, Bank of China Partner to Strengthen Financial Ties
Ecobank Group and Bank of China sign MoU to enhance trade, payments, and RMB services between Africa and China, building on a partnership started in 2010. Read more.
Seafarers Seek Tax Clarity Ahead of 2026 Regime
Nigerian maritime stakeholders call for tax exemptions and clear guidelines for seafarers before the 2026 tax reform. They warn the new regime could unfairly burden this vital workforce.
Consulting Firm's CSR Reaches Apapa Community
ECOVIS OUC Chartered Accountants supports Apapa with festive rice and cash gifts. Read how this CSR initiative aids vulnerable households during economic pressure.
Nigeria Aims to Resume Oil Production in Ogoniland
The Nigerian government is pushing to resume crude oil production in Ogoniland, Rivers State, marking a major shift in a long-standing dispute. Read about the new peace efforts and economic implications.
Chappal Energies gets $430m financing for oil assets
Chappal Energies secures a $430 million reserve-based lending package to refinance its acquisition of Equinor's Nigerian assets and fund development. This deal highlights investor confidence in well-structured African upstream projects despite tight capit
How Strategy Cleared Mile 2-Tin Can Port Gridlock
Former Tin Can Island Port Manager, Sylvester Egede, details the non-coercive strategy that ended the notorious Mile 2 port corridor traffic. Learn the key lessons for solving national problems. Read more.
Nigeria's Oil Revenue Falls 64% Short of Target in Q1 2025
The Federal Government's Q1 2025 budget report reveals a massive N8.21 trillion shortfall in oil revenue and a N3.04 trillion fiscal deficit. Discover the key figures and causes behind this critical shortfall.
Why Africa's Downstream Sector is the Next Big Investment
Africa's downstream oil sector needs over $100bn investment by 2050. Discover how ARDA is tackling regulatory & infrastructure gaps to unlock this massive opportunity for global investors.
Key Factors for Nigeria's Manufacturing Revival Identified
Sector analysts at an LBS event pinpoint macroeconomic shifts, market dynamics, and policy as critical for Nigeria's industrial growth. Learn the insights from Dangote and Rewane.
Page 63 of 140