business
13-Year-Old Public School Student Ebunoluwa Seth Wins 15th UBA Foundation Essay Competition, Clinching ₦10 Million Educational Grant History was made in Lagos yesterday, Tuesday, November 18, 2025, as 13-year-old Ebunoluwa Seth Oluwatimilehin, a student of Igando Community Senior High School, Igando, emerged as the overall winner of the 15th UBA Foundation National Essay Competition (NEC). […]
United Nigeria Airlines Insists Probe into VDM and Mr Jollof’s Mid-Air Altercation Remains Active Despite Public Apologies The controversy surrounding the in-flight brawl between popular social media personalities Martins Otse (VeryDarkMan, VDM) and Freedom Atsepoyi (Mr. Jollof) has taken a decisive turn, with the airline involved confirming that the matter is far from concluded. Today, […]
Slow Social Media Responses on WhatsApp and Instagram Costing Nigerian SMEs Millions Daily in Unrealized Revenue A new report has highlighted a major operational gap plaguing Nigeria’s digital economy, revealing that Small and Medium-sized Enterprises (SMEs) are losing millions of Naira in potential sales every day due to slow and inconsistent responses to customer inquiries […]
Federal Government Spends Nearly $3 Billion on Eurobond Debt Servicing in Two Years, With 83% Consumed by Interest Nigeria’s fiscal commitment to its commercial foreign debt obligations has been revealed to be intensely costly, with the Federal Government spending approximately $2.93 billion on servicing Eurobonds across eight quarters under the current administration. The data, covering […]
FG Plans Deployment of 500 New CNG Stations Nationwide Within Three Years to Reduce Petrol Dependence The Federal Government has ramped up its efforts to transition the nation’s transportation sector to cleaner and more affordable energy, today, Monday, November 17, 2025, announcing plans to deploy 500 new Compressed Natural Gas (CNG) refuelling stations across the […]
Kano Governor Abba Kabir Yusuf Pledges Unwavering Commitment to Transparency and Accountability in State Finances The Governor of Kano State, Engineer Abba Kabir Yusuf, today, Sunday, November 16, 2025, reaffirmed his administration’s commitment to prioritizing the principles of transparency, accountability, and probity in the management of the state’s resources. Speaking at the National Summit on […]
SERAP Issues Seven-Day Ultimatum to CBN to Account for Alleged Missing N3 Trillion Public Funds or Face Legal Action The Socio-Economic Rights and Accountability Project (SERAP) has given the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, a stern seven-day ultimatum to account for the alleged “missing or diverted N3 trillion” in […]
FG Targets ₦160 Billion Output Value From 2025/2026 Dry Season Wheat Production, Registers 80,000 Farmers The Federal Government today, Saturday, November 15, 2025, launched the 2025/2026 dry season wheat production programme under the National Agricultural Growth and Agro-Pocket Project (NAGSAP), revealing an ambitious target of generating an output value of approximately ₦160 billion. The Minister […]
Binatone Rolls Out Nationwide 10% Discount on All Home and Kitchen Appliances to Reward Nigerian Consumers Global Appliances Nigeria Limited, the official distributor of Binatone products in Nigeria, today, Friday, November 14, 2025, confirmed the successful rollout of a nationwide 10 per cent discount promotion aimed at rewarding its vast base of loyal Nigerian customers. […]
Nigerian Telecom Operators Slash 383 Jobs as Operating Costs Skyrocket 85% Due to Inflation and Forex Crisis Nigeria’s vital telecommunications sector is facing severe headwinds as the combined pressures of rising inflation and critical foreign exchange (forex) woes have forced operators to significantly cut operational costs, leading to job losses. Data from the Nigerian Communications […]
Beauty Founder Pearl Ubani Clinches The Next Titan Season 10 Grand Prize of ₦40 Million The tenth edition of The Next Titan Nigeria, the nation’s foremost entrepreneurial reality TV show, concluded in Lagos today, Friday, November 14, 2025, with Pearl Ubani, a 24-year-old beauty entrepreneur, emerging as the winner of the grand prize of ₦40 […]
Stakeholders Push for Gold Value Addition and Integration into Financial Systems to Counter Global Economic Shocks Stakeholders in the African finance and extractive sectors have issued a strong collective call for a radical shift in how the continent manages its mineral wealth, urging governments and investors to prioritize gold value addition and its deeper integration […]
Agusto & Co. Assigns Cornerstone Insurance Plc an ‘A-’ Rating with Stable Outlook, Citing Strong Capitalization and Prudent Management Cornerstone Insurance Plc, a leading non-life and life underwriter listed on the Nigerian Exchange Limited (NGX), has been assigned a national scale financial strength rating of “A-” (A minus) with a Stable Outlook by Agusto & […]
Paystack Suspends Co-Founder Ezra Olubi Over Sexual Misconduct Allegation Involving Subordinate Paystack, the prominent Nigerian fintech company, has confirmed the suspension of its co-founder and Chief Technology Officer (CTO), Ezra Olubi, following serious allegations of sexual misconduct involving a subordinate employee that circulated widely on social media platforms this week. The suspension was made public […]
FG Warns That Widespread Ponmo Consumption Jeopardizes Nigeria’s $5 Billion Leather Industry Potential The Federal Government today, Thursday, November 13, 2025, issued a strong warning that the continuous consumption of hides and skins, popularly known as ponmo, is threatening the realization of Nigeria’s multi-billion-dollar potential in the global leather industry. The warning was delivered by […]
President Tinubu Excludes All FAAN Properties From Sale, Citing Critical Need for On-Site Housing for Emergency Staff President Bola Ahmed Tinubu has approved the exclusion of all properties belonging to the Federal Airports Authority of Nigeria (FAAN) within and around airports nationwide from being sold or transferred to private individuals. The decisive action, which received […]
NUPRC Targets 2.5 Million Barrels Per Day Oil Output by 2026, Accelerates Reactivation of Dormant Fields The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has declared that the country is firmly setting its sights on a crude oil production output of 2.5 million barrels per day (bpd) by 2026, a crucial step in the bold reform […]
ICAN Celebrates International Accounting Day, Harps on Integrity and Digital Skills for Accountants The Institute of Chartered Accountants of Nigeria (ICAN) has joined millions of accounting professionals worldwide to commemorate International Accounting Day 2025, using the occasion to celebrate the crucial role accountants play in fostering accountability, transparency, and good governance. Although International Accounting Day […]
Minister Keyamo Engages Global Aviation Chiefs at ICAO Summit, Negotiates New Routes and Leasing Deals to Boost Nigeria’s Hub Status The Minister of Aviation and Aerospace Development, Festus Keyamo (SAN), has led Nigeria’s delegation to the International Civil Aviation Negotiation (ICAN) event 2025 in the Dominican Republic, actively engaging global aviation chiefs and aircraft lessors […]
NIB Unveils Intensive Mentorship Programme to Empower Young Builders, Fight Quackery The Nigerian Institute of Building (NIB), the professional body responsible for regulating the practice of building in Nigeria, today, Wednesday, November 12, 2025, unveiled a new intensive mentorship programme aimed at rapidly developing the capacity of young professionals in the sector. The programme is […]