business
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 […]
Dangote Group Signs Landmark $1 Billion Investment Deal in Zimbabwe for Integrated Cement and Power Complex The Dangote Group, led by its President and Chief Executive, Aliko Dangote, today, Wednesday, November 12, 2025, formalized a major industrial commitment in Zimbabwe, signing an agreement worth up to $1 Billion to establish an integrated industrial complex spanning […]
Reps Approve President Tinubu’s ₦1.15 Trillion Domestic Loan to Finance Unfunded Gap in 2025 Budget Deficit The House of Representatives today, Wednesday, November 12, 2025, approved President Bola Ahmed Tinubu’s request to borrow ₦1.15 trillion from the domestic debt market, a move aimed at closing the unfunded deficit in the 2025 national budget. The approval […]
President Tinubu Approves Inclusion of Itawure-Aramoko-Ado and Aramoko-Ijero-Ifaki Roads in 2026 Federal Budget President Bola Ahmed Tinubu has approved the inclusion of the construction of two major federal roads in Ekiti State in the Federal Government’s 2026 Appropriation Bill, a move that provides significant relief to motorists and commuters plagued by the deplorable condition of […]
Enugu DisCo Begins Second Phase of Free Prepaid Meter Rollout, Targets 13,335 Band A Customers The Enugu Electricity Distribution Company PLC (EEDC) today, Tuesday, November 11, 2025, announced the official commencement of the second phase of its free prepaid meter distribution across the South-East region. This phase, known as Tranche B of the Meter Acquisition […]
Nine Nigerian Banks Rake in ₦14.7 Trillion Interest Income in Nine Months, Driven by High Interest Rates The Nigerian banking sector has demonstrated remarkable resilience and profitability, with nine major financial institutions collectively raking in over ₦14.72 trillion in interest income for the first nine months of the year, ended September 30, 2025. An analysis […]
Ondo Farmers Protest Detention of Two Monarchs, Demand Governor Aiyedatiwa Intervenes to End Land Grabbing in Ondo East Hundreds of distraught farmers from five communities in the Ondo East Local Government Area of Ondo State today, Tuesday, November 11, 2025, staged a massive protest at the Governor’s Office in Akure, demanding the immediate release of […]
Edo Commences Disbursement of ₦1 Billion Interest-Free Soft Loans, Targets 5,000 Market Women and Traders The Edo State Government today, Monday, November 10, 2025, confirmed that it has fully commenced the disbursement of its ₦1 Billion soft loan scheme, originally approved to empower women and strengthen businesses at the grassroots level across the state. The […]
INDUSTRIAL GROWTH HINGES ON ENERGY: President Tinubu Tells Siemens Power Sector Is Key to Jobs, Education, and Economic Recovery President Bola Ahmed Tinubu today, Monday, November 10, 2025, reiterated his administration’s unwavering commitment to transforming Nigeria’s electricity supply, asserting that the power sector is the most crucial engine for national economic recovery, job creation, and […]
FCT Minister Wike Grants 14-Day Grace for Abuja Land Use Defaulters to Pay ₦5m Penalty or Face Revocation of Titles The Minister of the Federal Capital Territory (FCT), Barrister Nyesom Ezenwo Wike, today, Sunday, November 9, 2025, approved a final 14-day grace period for property owners in key Abuja districts who have violated the conditions […]
Governor Oyebanji Insists Agriculture Can Solve 60% of Nigeria’s Problems, Cites 5,000 Youths Engaged in Ekiti The Governor of Ekiti State, Biodun Oyebanji, has positioned agriculture as the most critical and sustainable solution to the multi-faceted crises facing Nigeria, asserting that a strategic focus on the sector can resolve at least 60% of the nation’s […]