business
SpenAgro CEO Mbachu Unveils Strategy to Achieve Global Cocoa Dominance, Anchored on Premium Quality and Farmer Empowerment The Chief Executive Officer of SpenAgro, Ebuka Mbachu, has declared the company’s intent to become a dominant force in the global cocoa market, asserting that the firm is taking decisive steps to position itself as a leading exporter […]
FG to Enforce 30% Local Processing Mandate on All Natural Resource Exports, Awaits Presidential Assent on Landmark Bill The Federal Government has disclosed its final plans to enforce a landmark policy requiring a minimum of 30 per cent local value addition to all natural resources and raw materials before they are shipped out of Nigeria. […]
Fully Private Digital Bank, Bank78 MFB, Debuts with AI-Powered Support to Restore Trust and Combat Transaction Downtimes Nigeria’s digital banking landscape entered a new, competitive phase as Bank78 Microfinance Bank (MFB) officially commenced operations, positioning itself as the country’s first fully private digital bank. The new entrant is built around a philosophy focused on reliability and […]
Reps Issue Final December 8 Ultimatum to Finance, Power, and Budget Offices Over Evasion of 2007-2024 Power Sector Probe The House of Representatives Ad Hoc Committee investigating Nigeria’s controversial power sector reforms and expenditures from 2007 to 2024 today, Thursday, November 27, 2025, issued a final, non-negotiable ultimatum to several critical Ministries, Departments, and Agencies […]
EFCC Adopts Advanced Blockchain Forensics and Crypto Tracking Tools to Dismantle Virtual Asset Fraud Syndicates The Economic and Financial Crimes Commission (EFCC) has confirmed the successful integration of advanced blockchain forensics and cryptocurrency tracking tools into its operational infrastructure, marking a critical step in Nigeria’s efforts to combat the rapidly evolving landscape of virtual asset […]
NNPC/Renaissance JV Donates $300,000 to Sustain Operation of Advanced LINAC Cancer Treatment Machine at National Hospital, Abuja Cancer patients relying on Nigeria’s public healthcare system received a major boost today, Thursday, November 27, 2025, as the NNPC Limited / Renaissance Joint Venture (JV) announced a significant donation of $300,000 to the National Hospital, Abuja. The […]
Governor Fubara Declares Rivers “Most Peaceful Destination” for Business, Citing Large Turnout at Rotary Conference as Evidence Rivers State Governor, Siminalayi Fubara, today, Saturday, November 22, 2025, boldly declared that Rivers State is now one of the most peaceful destinations in Nigeria, suitable for both tourists and business investors. Making the declaration at the All […]
Nigeria Launches National Digital Farmers Registry to Strengthen Food Security The Federal Government has officially launched the National Digital Farmers Registry (NDFR), a comprehensive digital database designed to transform agricultural planning, eliminate duplication, and improve access to support services for farmers nationwide. The registry, introduced under the Ministry of Agriculture and Food Security, aims to […]
Lexis Development Launches ‘Ofunds’ App to Drive Financial Access, Registers 15,000 Users in Early Eastern Nigeria Rollout The Nigerian FinTech space saw a fresh entrant today, Friday, November 21, 2025, with the launch of Ofunds, a new mobile application developed by Lexis Development Company Ltd in partnership with Blord Group. The platform is strategically focused […]
Dangote Group Intensifies SME Support with Special Offers and Technical Guidance at Kano International Trade Fair The Dangote Group has intensified its commitment to supporting the growth of Small and Medium-sized Enterprises (SMEs) by offering extensive technical guidance and special promotional incentives at the ongoing 36th Kano International Trade Fair. The move is part of […]
TotalEnergies Consolidates Deepwater Power with 90% Operated Stake in OPL 257 After Asset Swap with Conoil In a major strategic move that reshapes the offshore oil landscape, TotalEnergies today, Thursday, November 20, 2025, announced an asset swap deal with indigenous player Conoil Producing Limited, aimed at consolidating the French energy major’s position in Nigeria’s deepwater […]
Nigeria Targets ₦1.49 Trillion Annual Revenue from Electricity Exports to 15 West African Nations Starting June 2026 The Federal Government today, Thursday, November 20, 2025, announced an ambitious economic goal for the power sector, projecting nearly ₦1.49 trillion ($1 billion) in annual revenue from electricity exports to 15 countries within the Economic Community of West […]
Kano Governor Presents Historic ₦1.37 Trillion 2026 Budget, Dedicating 68% to Capital Projects with Education Taking Top Priority Kano State Governor, Abba Kabir Yusuf, yesterday, Wednesday, November 19, 2025, presented a landmark appropriation bill totaling ₦1.368 trillion for the 2026 fiscal year to the State House of Assembly. This proposal marks the first time the […]
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 […]