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Reps probe CBN, NNPC over alleged unpaid revenues

  • 15th July 2026

FG reviews Chinese firm’s proposal to build 10,000

  • 15th July 2026

CBN repays N2.97tn in maturing OMO bills

  • 14th July 2026

Warren Buffett drops Gates Foundation from annual donations

  • 14th July 2026

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Naira strengthens to ₦1,412/$ in parallel FX market

Finance

Nigeria loses 3,100GWh to gas flaring in May —

featured Oil and Gas

NiMet predicts thunderstorms, flooding in parts of Nigeria

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Nigeria, three African nations forge new cocoa value alliance

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Tag: Economy

Five things to know before launching your fashion brand
Business featured

Five things to know before launching your fashion brand

The fashion industry is a major component of African economies, with enormous growth and development potential. The industry has various advantages, such as employment creation, export prospects, and economic growth. However, substantial obstacles exist, such as a lack of access to funding, limited infrastructure, and fierce competition. Starting a fashion business in Africa needs careful planning, […]

FG okays Air Peace, Max Air, FlyNas for 2024 Hajj
Aviation

FG okays Air Peace, Max Air, FlyNas for 2024 Hajj

The federal government of Nigeria has designated three airlines as sole carriers of Muslim pilgrims to Saudi Arabia for the Hajj pilgrimage, in an effort to help this year’s Hajj activities run smoothly. According to Arise News, Air Peace Limited, FlyNas, and Max Air are among the carriers affected. A statement issued at the weekend by […]

Premium smartphone market to expand by 6% - Report
Business

Premium smartphone market to expand by 6% – Report

Sales of premium smartphones (with a wholesale price of at least $600) are expected to reach a record high of 6% in 2023, according to Counterpoint Research’s Market Pulse Service. According to The PUNCH, the company, this would be in contrast to the fall predicted for the global smartphone industry last year. The report stated […]

FG targets 6500 megawatts power generation in six months
Electricity

NERC threatens Discos with fines for refusing to accept power

Despite the widespread blackout in Nigeria, the Nigerian Electricity Regulatory Commission has expressed worry over electricity load rejection by power distribution companies. According to The Punch, it vowed to take appropriate regulatory action against Discos that failed to reach the major performance criteria for energy offtake, emphasizing the growing gap between available power capacity and […]

Dry season farming to create 10m jobs - FG
Agribusiness

FG to combat growing food prices with rice production

The Minister of Agriculture and Food Security, Abubakar Kyari, announced on Friday that the Federal Government had begun mass production of food crops in order to reduce food prices across the country. According to The PUNCH, he stated that the government’s goal was to lower food inflation, citing it as the primary cause of Nigeria’s […]

Business opportunities in Nigerian waste collection industry
Business

Business opportunities in Nigerian waste collection industry

In Nigeria, the waste collection industry is critical to addressing growing environmental concerns and supporting sustainable waste management methods. Waste, sometimes known as “garbage” is the term used to describe abandoned materials, substances, or by-products that are no longer valuable or intended for further use. With increased urbanization and industrialization, the volume of trash generated has increased dramatically, […]

Only 29% of Nigerians have access to mobile internet - Report
News Tech

How to stop your iPhone from listening to you

Amid controversies surrounding the iPhone’s ability to eavesdrop on conversations of its owners, a report has revealed how users can prevent the Apple-owned smartphone from listening to them. According to a recent 404 Media report, marketing firms can truly listen to phones in order to show you advertisements. According to 404 Media, the companies “has […]

10 profitable business ideas for introverts
Business

10 profitable business ideas for introverts

There has been a considerable global change in recent years towards encouraging varied work patterns and entrepreneurial pursuits. This trend is not just pertinent in Nigeria but Africa as a whole. Contrary to popular belief, introverts do not all have reserved or quiet personalities. Many have unique abilities, skills, and a strong entrepreneurial spirit. The increased predominance […]

featured Opinion

Nigeria’s budgeting process lacks clarity, discipline – Expert

The founder of Budget, a fiscal transparency platform, Seun Onigbinde, has criticized the Nigerian government’s budgeting process, saying it lacks clarity, discipline, and performance-driven planning.   In an interview with Arise News on Saturday, Onigbinde said that the 2023 budget, which was passed into law under the previous administration, had no clear information on how […]

Kaduna customs hits N16.3bn revenue in 2023
News

Kaduna customs hits N16.3bn revenue in 2023

The Nigeria Customs Service, Kaduna Command, increased revenue generation by 21.93% in 2023, earning a whopping N16.3 billion. This was revealed in a statement issued on Saturday by the command’s Public Relations Officer, Muhammad Aminu. He noted that the service generated N16.3 billion in revenue, a significant rise from the N13.4 billion recorded in 2022, […]

NGX to draw in more investors - CEO
Business

Nigerian stocks rise 6.54% in first week of 2024

The Nigerian Exchange Limited ended the first week of 2024 on a high note, backed by continued investor faith in listed companies. The Times reported that this momentum has implanted hope for a possibly positive market in 2024, propelling the All-Share index to a 6.54% gain to close at 79,664.66 points. Similarly, all other indexes […]

Dangote Refinery's polypropylene to enter market
Oil and Gas

Dangote Refinery receives fifth crude oil shipment 

The Nigerian National Petroleum Corporation Limited delivered the fifth crude oil shipment of one million barrels of Bonny Light to Dangote Petroleum Refinery on Thursday. The firm is currently planning to welcome the sixth million barrels of crude oil to the refinery by next week. This recent discovery is an important step forward for the […]

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