Asian Markets Surge on Rate Cut Optimism, Tech Revival
Asian equities extended a global rally Tuesday, fueled by hopes for more US interest rate cuts and strong tech earnings. Gold and silver hit fresh records. Discover the key market movers.
Category : Business
EDEN Group Unveils EDNI to Boost Agriculture and Health
Eden Moringa Group launches EDNI Limited, an agricultural platform to support farmers, improve rural incomes, and expand access to health products in Nigeria. Discover how this initiative tackles economic hardship.
Business Leaders Charge Entrepreneurs to Reinvent Strategies
At the 10th Annual Entrepreneurs Conference in Lagos, industry leaders like Dr Chris Igwe urged Nigerian business owners to innovate and adapt their models for sustainable success in a competitive market. Learn the key strategies shared.
Nigeria Suspends 15% Fuel Import Duty Amid Backlash
The Nigerian government suspends a controversial 15% fuel import duty to avoid festive season price hikes. Experts warn of policy inconsistency and the need for long-term energy security. Read more.
Don Calls for Urgent Action on Nigeria's Food Crisis
A professor warns Nigeria's food insecurity is a national security threat, with 26.5 million facing acute hunger. He calls for urgent action on security and production. Read more.
Brainjotter Becomes Apex Network Brand Ambassador
Popular skit maker Brainjotter partners with Apex Network as brand ambassador. He cites integrity as key, aiming to drive positive social media change. Read more.
When a Quick Loan Makes Sense in Nigeria
Discover the 5 key situations where a quick loan is a sensible financial tool in Nigeria, from medical emergencies to urgent repairs. Learn to borrow responsibly.
Tinubu hails Ogoni peace pact ahead of oil resumption
President Tinubu commends Ogoni peace efforts for oil revival, but activists demand justice and environmental cleanup first. Read the full story on the tensions and government plans.
Ex-FIRS Boss Nami Demands Cancellation of Altered Tax Law
Former FIRS Chairman Muhammad Nami advises the National Assembly to cancel the gazetted Tax Administration Act after unauthorized alterations. He calls for investigation and prosecution of perpetrators to protect Nigeria's tax system.
SEEDAN Praises Tinubu's N50bn Seed Industry Fund
SEEDAN lauds President Tinubu for approving a N50 billion catalytic fund to strengthen Nigeria's seed sector, boost agribusiness, and enhance national food security. Learn how this impacts farmers.
Brazilian Right Wing Boycotts Havaianas Over Political Ad
Brazil's right wing urges boycott of iconic Havaianas flip-flops after an ad featuring left-wing actress Fernanda Torres. The political clash threatens jobs ahead of the 2026 elections.
Investors Gain N256bn as NGX Rises Before Christmas
The Nigerian equities market closed bullish on Monday, adding N256 billion to investor wealth. The All-Share Index rose 0.26% led by NASCON, BUA Cement, and others. Discover the top gainers and losers.
FG, Elizade JAC Plan to Make New Vehicles Affordable by 2026
The Federal Government urges Nigerians to buy locally-made new cars, not imported used vehicles. Elizade JAC reveals a 2026 strategy for affordable pricing and warranties to disrupt the auto market.
Man Gets N800k Back After Wrong Transfer via OPay
A Nigerian man mistakenly transferred N800,000 to a wrong account. Discover how OPay's swift action helped him recover his funds and see netizens' reactions.
Marketers Dump Private Depots for Dangote's ₦699 Petrol
Dangote Refinery's ₦699/litre petrol price triggers a market shift. Marketers abandon private depots, forcing massive price cuts. Daily truck loading exceeds 2,000. Read the full analysis.
Presidency Denies Discrepancies in New Tax Laws
The Presidency has dismissed claims of alterations in the new tax laws signed by Tinubu. Taiwo Oyedele calls reports 'false and misleading' as controversy grows ahead of the January 2026 implementation.
Accountant Warns of Heavy Fines for Tax Defaulters in 2026
A Nigerian accountant's viral TikTok post details severe penalties for individuals and businesses who fail to file taxes under the new law taking effect in 2026. Learn the fines and public reaction.
Nigeria exits FATF grey list, records N6.69tr trade surplus
Nigeria achieves major economic milestones: removal from FATF grey list and a N6.69 trillion trade surplus in Q3 2025. This boosts investor confidence and global standing. Read the full details.
Lady Reaches PiggyVest Payday After Saving for Rent All Year
A Nigerian woman shares her joy online after successfully saving for rent throughout 2025 using PiggyVest. Despite a change of plans for the funds, she celebrates the financial discipline achieved.
Ellison's $40.4B Guarantee Backs Son's Warner Bros Bid
Oracle's Larry Ellison offers a massive personal guarantee for Paramount's $108B Warner Bros bid, challenging Netflix's deal. Get the latest on the Hollywood takeover battle.
Lady Takes Door After Moving Out of Rented Shop
A Nigerian businesswoman's viral TikTok video shows her removing a door she installed from her rented shop after the landlord increased rent from N600k to N1.2m. See public reactions.
China Imposes High Tariffs on EU Dairy Products
China imposes duties up to 42.7% on EU dairy, escalating a trade spat. EU calls the move unjustified. Get the latest on this economic clash.
CBN Directs Banks to Enable Foreign Card Use on ATMs, POS
The CBN mandates Nigerian banks to configure ATMs and POS terminals to accept foreign cards, introducing new security measures for transactions above $200 daily. Report challenges to the Consumer Protection Department.
Remote Worker Rejects New Tax Law Ahead of 2026
A Nigerian remote worker voices frustration over the new tax law set for 2026, citing lack of basic infrastructure. Read her viral complaints and public reaction.
UBA, Lagride $100m Scheme to Empower 3,500 Lagos Drivers
UBA, Lagride & Lagos State launch a $100m 'Drive to Own' scheme. 3,500 drivers can own a car with 10% equity. CEO shares personal story of driver father. #Empowerment #Lagos
Customs Reaffirms Commitment to Trade Facilitation
CGC Adewale Adeniyi tells Kano stakeholders that effective trade facilitation requires full compliance with laws. He highlights tech reforms like B'Odogwu platform.
TCN clears illegal structures from Enugu transmission corridor
TCN has removed dangerous fences and buildings encroaching on the Ugwuaji-Makurdi 330kV line in Enugu. The action aims to prevent accidents and ensure reliable power supply. Learn the mandatory safety clearances.
Telefonica Cuts 5,500 Jobs in Spain
Telefonica announces a massive voluntary departure plan affecting 5,500 employees in Spain, costing €2.5 billion. The move is part of a new strategic focus. Read more.
Tax Reforms Delay Will Keep 98% of Workers Overtaxed - Oyedele
Taiwo Oyedele warns that failure to implement new tax laws by January 1, 2026, will leave 98% of Nigerian workers overtaxed. He urges targeted amendments, not suspension.
Old N96,400 London-Lagos Ticket Sparks Airfare Debate
A viral post comparing 2011 and 2025 flight prices from London to Lagos has Nigerians debating the economy and soaring travel costs. See the shocking price difference.
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