Namibia Plane Crash Kills 3 German Tourists, Pilot
A plane crash in Namibia's Sossusvlei desert killed a pilot and three German tourists. Desert Air confirmed no survivors. Investigation underway.
Category : Business
Why Measuring Tapes Have Black Diamonds and Their Use
Discover the hidden purpose of black diamonds on tape measures. They help carpenters space floor joists at 19.2 inches for accurate plywood support.
Nigeria Seeks $1.25bn World Bank Loan for Reforms
Nigeria requests a $1.25bn World Bank loan to boost reforms, job creation, and competitiveness, with approval expected by June 2026.
Energy Depots Release New Petrol Prices, Dangote Adjusts
Private depots in Nigeria announce mixed petrol price adjustments, with some increasing and others reducing rates amid ongoing market volatility.
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Nigerian Stock Market ASI Crosses 250,000, Investors Gain N3 Trillion
The Nigerian equity market All-Share Index crossed 250,000 points, with investors gaining over N3 trillion in a single day amid sustained buying interest.
NRC Moves 176,820 Tonnes on Apapa Port Rail in Q1
The Nigerian Railway Corporation transported 176,820 tonnes of cargo via rail at Apapa Port in Q1 2026, with 198 freight trips, led by APM Terminals and ENL Consortium.
Pre-Engagement Sessions to Reduce Minimum Wage Disharmony
NECA DG Adewale-Smatt Oyerinde advocates pre-engagement sessions between employers and labour before minimum wage talks to prevent industrial crises and address emerging labour issues.
Nigeria's Device Market Shifts as 5G Adoption Remains Low
NCC report reveals mid-range phones outperform flagships, South West leads in 5G at 18.5%, and only 3.7% of devices use 5G despite huge speed benefits.
Binani Air Lands, Delta Returns After 8 Hours Midair
Binani Air's first commercial flight lands in Lagos, marking aviation milestone. Meanwhile, Delta flight DL54 from Atlanta returns to base after nearly eight hours midair due to operational issue.
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Experts Advocate Reforms to Tackle Housing Crisis
NIESV Lagos branch calls for government reforms to lower building costs and reduce high rents, emphasizing developer support and professional training.
SanlamAllianz Honours Top Performers at TRAC Awards
SanlamAllianz Nigeria rewarded outstanding sales representatives and managers at the 2025 TRAC Awards in Lagos, reinforcing performance culture and market expansion.
NNPCL, NIPetGE Partner on Oil, Gas Reform, Energy Transition
NNPCL and NIPetGE explore collaboration on oil and gas reforms, energy transition, AI, IoT, emissions trading, and local participation in Nigeria's hydrocarbon industry.
CBN Warns States on Overdrafts, Urges Non-Interest Finance
The Central Bank of Nigeria urges state governments to reduce overdraft dependence and embrace fiscal discipline to support inflation targeting and non-interest finance governance.
Lagos Airport car park tariff hike is exploitative and must be reversed
Bi-Courtney and Seymour Aviation raised car park fees by 169% at Lagos Airport, sparking outrage. The hike is punitive and lacks value addition, prompting calls for FCCPC intervention.
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NECA, ILO launch ESG guide for Nigerian MSMEs
NECA and ILO have developed an ESG implementation guide for MSMEs in Nigeria to enhance sustainability, competitiveness, and access to finance.
FG unveils Cooperative Bank, digital ID for cooperatives
The Federal Government announces plans to establish the Cooperative Bank of Nigeria and a digital identity system for cooperatives to boost financial inclusion and food security.
Reform and Business Forums: Can They Deliver Investment?
Nigeria's reforms and investment forums often fail to convert into financed projects. The EU-Nigeria Business Forum tests if execution can match intent.
Julius Berger Named Best Construction Firm in West Africa Again
Julius Berger Nigeria Plc has been named Best Construction Company of the Year in West Africa for the second year in a row at the West Africa Innovation Awards.
Man Jailed 9 Years for Crypto Fraud and Money Laundering
Federal High Court Lagos sentenced Taofeek Daniel Oriola to nine years for money laundering linked to fraudulent cryptocurrency transactions and ordered asset forfeiture.
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NBA-SBL to Assess Policy Impact at Business Law Confab
NBA-SBL will hold its 20th Annual International Business Law Conference on June 8-10, 2026, themed 'Beyond Reforms: Measuring Policy Impact' to evaluate reform effectiveness.
PSHSAN Launches Vivo Health to Boost Nigeria Healthcare
PSHSAN launches Vivo Health, a digital platform integrating AI telecare, emergency services, and healthcare marketplace to improve access and coordination in Nigeria's healthcare system.
AKEM Foundation 4th anniversary: N6m grants, parenting talk
AKEM Foundation celebrated its fourth anniversary with a parenting discussion and awarded over N6 million in grants to five startups in Lagos.
Jobberman Seeks Partnerships to Curb Youth Unemployment
Jobberman Nigeria hosts inaugural Partners' Convening in Lagos, urging collaboration among stakeholders to expand dignified jobs for young Nigerians under the Young Africa Works strategy.
UPDC REIT Unitholders Approve SFS Capital as Fund Manager
UPDC REIT unitholders confirm SFS Capital as fund manager, aiming to boost portfolio performance and investor confidence in Nigeria's real estate sector.
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Lafarge Africa Empowers Women in Construction via BuildHer
Lafarge Africa's BuildHer initiative trains 100 women in tiling and block laying, boosting skills, confidence, and economic independence in Nigeria's construction sector.
AMATO Warns Truckers on PEBEC Lagos Port Cleanup
AMATO directs members to comply with single-lane arrangement and remove broken-down trucks ahead of PEBEC's two-day cleanup at Lagos ports on May 14-15, 2026.
Lafarge Africa Empowers 100 PWDs via D2A Programme
Lafarge Africa's D2A Programme trained 100 persons with disabilities in Lagos, providing skills in repairs, fashion, and crafts to foster independence and inclusion.
Adamawa to Procure 1,000 Electric Tricycles for Youths
Governor Fintiri launches electric mobility initiative to reduce petrol dependence and create jobs, with 1,000 electric tricycles for youths at subsidized rates.
Lafarge Africa Empowers Women in Construction Careers
Lafarge Africa's BuildHer initiative graduates 100 women in tiling and block laying, promoting gender inclusion in construction across Nigeria.
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South Korea to Give Cash Payouts to 36 Million
South Korea plans cash payouts to 36 million low-income earners to ease fuel costs from the Middle East war, with amounts varying by region.
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