Financial Readiness Non-Negotiable for Nigerian Nano-SMEs
Experts stress that financial readiness is critical for Nigeria's nano-SMEs to evolve from subsistence to structured digital economy participants.
Category : Business
Visa Launches AI-Powered Tools for Payment Disputes
Visa introduces six AI-powered dispute resolution services to reduce costs and complexity for merchants, banks, and financial institutions globally.
Akpabio Seeks Support for Agricultural Institutions
Senate President Godswill Akpabio urges stronger support for agricultural colleges to tackle food insecurity, as AFAN warns of threats from insecurity and rising fertiliser costs in Kaduna.
Oyetola Inaugurates Institute of Maritime Studies at UNILAG (14.05.2026)
Minister Adegboyega Oyetola unveils Institute of Maritime Studies at UNILAG, stressing knowledge-driven development for Nigeria's blue economy growth.
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Ecobank Pledges $3 Billion for African Trade Finance
Ecobank Group announces a $3 billion trade finance commitment over three years to support intra-African trade, reinforcing regional value chains and industrial growth across the continent.
FG inaugurates traditional rulers committee on PHC
The Federal Government has inaugurated the Southern Traditional Rulers Committee on Primary Health Care to strengthen PHC delivery and improve health outcomes across southern states.
Telcos Pledge Improved Telephone Services by Year-End
Telecommunications companies in Nigeria commit to resolving network disruptions and improving service quality before the end of the year, addressing public concerns over call drops and data issues.
REA Partners Launch $188M Solar Facility
The Rural Electrification Agency, with partners, launched a $188 million green finance facility to deploy 191 MW of distributed solar, targeting households and businesses to boost energy access in Nigeria.
Gidillo Platform to Transform Nigeria's Real Estate Market
Gidillo, a new digital real estate platform, launches in Nigeria to combat fraudulent listings and improve transparency. Founders Seyi Boroffice, Joy Boroffice, and Daniel Olagunju unveil an all-in-one marketplace with verified listings, integrated wallet
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Academy Launches RAPID Framework for African Supply Chains
Multimix Academy and African Centre for Supply Chain unveil RAPID framework to address forex crises and disruptions, aiming to boost Nigeria's logistics performance.
Africa CDC, Aspen Discuss Sustainable Vaccine Production
Africa CDC and Aspen Pharmacare discuss a long-term framework to boost sustainable vaccine manufacturing in Africa, reducing import reliance and enhancing health security.
FG Sets June for Digital TV Switchover Launch
Nigeria's digital TV switchover is set for June 2026, ending years of delays. Minister Idris announced improved broadcasting and affordable access.
CRC Credit Bureau Wins Diamond Award for Best Credit Bureau
CRC Credit Bureau Limited has won the Diamond Award for Best Credit Bureau of the Year at the West African Innovation Awards 2026, marking a consecutive win that highlights its commitment to innovation and excellence in credit information services across
Ben Murray-Bruce: Silverbird Began with N20,000 Loan from Siblings
Senator Ben Murray-Bruce shares how Silverbird Group started with a N20,000 loan in 1980, overcame a military coup, and transformed NTA into 24-hour broadcasting.
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Obi Courts UK Investors, Pushes MSME Growth in London
Peter Obi meets UK investors and officials in London to promote trade ties and MSME-led growth, emphasizing agriculture and manufacturing for job creation.
Lagos Gives N900m Grants to 155 Researchers and Startups
Lagos State Government provides N900 million grants to 80 researchers and 75 startups to drive innovation, while 6.46 million residents register for Lagos identity card.
Bauchi Starts N29.6bn World Bank Erosion Control Work
Bauchi State Government launches N29.6 billion erosion control project under World Bank-funded ACReSAL, aiming to restore 9,842 hectares and protect 213,000 people.
Dangote Refinery to Cut Fuel Price Revision Frequency
Dangote Refinery plans to lower the frequency of fuel price changes in Nigeria to stabilize the downstream market, reduce confusion for marketers, and boost confidence.
FG unveils strategic roadmap for housing industry
The Federal Government has unveiled a strategic roadmap to boost the housing market through public-private partnerships, aiming to deliver affordable homes and drive economic growth.
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FG Sets June for Nationwide Digital TV Switchover
Nigeria will complete its transition from analogue to digital TV broadcasting in June, ending years of delays. The DSO programme promises clearer signals, more channels, and affordable access.
Petrol, Diesel Prices Crash at Depots Across Nigeria
Depot owners slash petrol and diesel prices in Lagos, Warri, and Port Harcourt despite Brent crude trading above $100 per barrel, signaling increased competition.
Adeleke Lists Mining Achievements, Slams Osun APC
Osun Governor Adeleke highlights mining sector gains, denies selling licences, and criticises previous APC administration for neglect and unpaid service charges.
After-Sales Support Key to West Africa Mobility Growth
Stakeholders at the 2026 West Africa Automotive Show Conference in Lagos emphasize after-sales support as crucial for sustainable mobility in the region.
Fidelity Bank Liquidity Surges to N1.32 Trillion
Fidelity Bank's cash and cash equivalents rose 87% to N1.32 trillion in 2025, driven by stronger deposit mobilisation and improved liquidity amid Nigeria's tight monetary policy.
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Akpabio Seeks Stronger Backing for Agricultural Colleges
Senate President Godswill Akpabio urges stronger support for agricultural colleges to address food insecurity, emphasizing collaboration and innovation at an IITA summit in Ibadan.
World Cup transport prices cut after fan backlash
Train and shuttle prices for World Cup matches at MetLife Stadium reduced after criticism. Train fares drop to $98, shuttle to $20.
Cement Prices Hit N13,000 Per Bag in Nigeria
Cement prices in Nigeria have soared to N13,000 per 50kg bag, prompting concerns in construction. Dealers lament frequent changes, and experts urge more import licenses to boost competition.
Kaduna Farmers Warn of Food Security Threat
Kaduna AFAN expresses concern over insecurity and rising fertilizer costs, threatening food production. Farmers face attacks, kidnappings, and inability to access farmlands.
Cooking Gas Price Hits ₦1,500 Per Kg as Supply Squeeze Worsens
Cooking gas price rises 15.3% to ₦1,500/kg in May 2026. A 12.5kg cylinder now costs ₦18,750, consuming over 25% of minimum wage. Only three major depots hold stocks.
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Lagos State Unveils State-Issued Driver's Licence Plans
Lagos State announces state-issued driver's licence after FG approval, offering motorists a choice between federal and state licences to reduce delays and improve road safety.
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