Lagos to Deepen Evidence-Based Planning for 2026 Budget
Lagos State government reaffirms commitment to data-driven budgeting and economic planning to unlock emerging sectors for a resilient and prosperous economy. Learn about the key strategies.
Category : Business
N185bn Approved to Settle Gas Debts for Power Boost
The Federal Government has approved N185 billion to pay legacy debts to gas producers, aiming to restore confidence, boost gas supply, and improve Nigeria's electricity generation. Read more.
2,300 Stowaways Annually at Nigerian Ports
The Shipping Association of Nigeria reports 2,300 security breaches by stowaways yearly, costing firms $2,000 per case. Port security agencies dispute the figures. Read more.
Lady Gets Quit Notice While Planning to Install Solar
A Nigerian tenant received a shocking quit notice from her landlady just as she was preparing to renew her rent and install solar power. See the viral message and public reactions.
Kaduna Emerges Second-Best State for Business in Nigeria
Kaduna State scores 65.1% in PEBEC's 2025 Ease of Doing Business ranking, becoming Nigeria's second-most attractive investment destination. Discover the top states.
Komolafe Elected Chairman of African Petroleum Regulators Forum
Gbenga Komolafe, NUPRC CEO, elected AFRIPERF chairman. Nigeria chosen as headquarters, marking a major step for Africa's energy governance and regulatory cooperation.
Top 20 Creators Picked for Tax Reform Training
Taiwo Oyedele unveils 20 top content creators for special tax reform training. They will learn new laws to educate their followers. Find out who made the list.
Court Stops Sale of Embraer Aircraft, Demands Explanation
A High Court in Abuja has issued an interim order blocking the sale of an Embraer EMB-145LR aircraft. Justice M. A. Madugu ordered the defendants to show cause within seven days. Read the full details of the legal dispute.
THT HMO Supports Bethesda School for the Blind
THT HMO marked the International Day of Persons with Disabilities with a heartfelt visit to Bethesda Home and School for the Blind in Mushin, providing gifts and pledging ongoing support for the visually impaired students.
US Inflation Data Shows Consumer Strain Before Holidays
Fresh US inflation data reveals a 2.8% rise in September, putting pressure on consumers as the festive season peaks. The Fed faces a key rate decision amid mixed economic signals. Read the full analysis.
Nigerian Equities Market Gains N997bn in Week
The Nigerian Exchange closed the first week of December positively, with investor wealth rising by nearly N1 trillion. The All-Share Index gained 1.08% as market sentiment remained strong. Discover the top gainers and most traded stocks.
Tinubu's Wife Gives N200k Grants to 9,500 PWDs
Nigeria's First Lady, Oluremi Tinubu, has empowered 9,500 persons with disabilities with N200,000 business grants each. The initiative, launched on International Day of PWDs, is part of the Renewed Hope Initiative.
FG to Pay N185bn Gas Debt to Improve Power Generation
President Tinubu approves N185bn payment to gas producers to restore supply, boost electricity generation, and rebuild investor confidence in Nigeria's power sector.
Naira Falls as CBN Releases New FX Rate, Gap Widens
The Naira faced fresh pressure on Thursday, depreciating in both official and parallel markets. The Central Bank of Nigeria's new rate shows a widening gap with the black market. Read the full analysis.
NNPC Slashes Petrol Price by N20 Nationwide
The NNPC has reduced petrol pump prices by at least N20 across Nigeria, with new rates from N895 to N965 per litre. Depots in Lagos, Port Harcourt, Warri, and Calabar also adjust prices following new PMS arrivals.
Cocoa Innovation: A Blueprint for Market Growth
Historic cocoa price surge forces industry innovation. Discover how flavour science, texture engineering, and alternatives like Kerry's Cocoa Booster are securing chocolate's future. Read the full analysis.
3-Hour Power Outage in Anambra This Sunday
FirstPower announces a planned 3-hour power outage in parts of Anambra on Sunday, Dec 7, for a critical transformer upgrade. Details on affected areas and the reason behind the service disruption.
Dangote: Fuel Queues Gone Forever, Christmas Supply Assured
Aliko Dangote assures Nigerians of stable petrol supply during Christmas and reveals plans to make his refinery the world's largest by 2028. Read the full details.
Dangote Aims to Make Nigeria Top Fertiliser Producer by 2028
Aliko Dangote reveals plans to quadruple urea production, positioning Nigeria as the world's leading fertiliser exporter. He urges African investors to drive continental growth.
Dangote Refinery Slashes Diesel Price to N910/Litre
Dangote Refinery reduces diesel price to N910 per litre, a 4.21% drop, offering relief to Nigerian industries and transport ahead of Christmas. Driven by global crude trends and improved NNPC supply.
Aviation Workers Oppose FAAN Union Leadership Control
Fresh tension in Nigeria's aviation sector as ATSSSAN officials warn against centralising union leadership under FAAN, calling it a 'dangerous monopoly'. Elections set for December 10 in Jos.
Anambra Harnesses Minerals for Economic Growth
Anambra State ramps up efforts to harness its vast mineral resources for industrial growth. Officials cite illegal mining as a major challenge causing revenue loss. Discover the plan for sustainable development.
Lagos Named Nigeria's Most Business-Friendly State
Lagos State leads Nigeria's 2025 Subnational Ease of Doing Business ranking with an 85.6% score. Discover the top states and federal MDAs driving reform.
New Egg and Chicken Prices Released by Farmers
Nigerian poultry farmers announce updated rates for eggs and adult chickens. Despite a drop in inflation, staple foods remain costly, squeezing household budgets ahead of Christmas.
Nigerian Cries Over New Tax Deduction From 2026 Salary
A Nigerian doctor expressed shock after calculating his 2026 tax deduction under the new law. He claims the 'Tinubu tax' will unite all tribes, sparking widespread online reactions.
FG Unveils Digital Farmers Registry for Food Security
The Federal Government has launched the National Digital Farmers Registry (NDFR) to harmonise farmer data, improve access to credit, and boost agricultural productivity in line with national food security goals.
Cross River Hires Pula for EUDR Compliance on Cocoa, Coffee, Palm
Cross River State partners with Pula Advisors to launch a landmark EUDR traceability system for cocoa, coffee, and oil palm, aiming to secure EU market access for 80,000 farms by 2026.
Ex-FECA Provost Urges Scientists to Monetise Research
Former FECA Provost Dr. Adeola Odedina advises scientists to convert research into profitable ventures for personal financial growth. Learn how to bridge academia and entrepreneurship.
NAHCON's 15 New Directives for 2026 Hajj Unveiled
NAHCON has released 15 new operational rules for the 2026 Hajj, affecting flights, group movement, and medical screening. Intending pilgrims must note these changes to avoid penalties.
Man Gets Birthday Surprise From Bank Staff in Nigeria
A Nigerian man received an unexpected birthday celebration from UBA staff while withdrawing money. Watch the viral video and see how the bankers' gesture shocked him.
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