business
Sanwo-Olu Unveils Ambitious Industrial Policy to Drive ₦73 Trillion Economy; Government Offers Tax Breaks and Cheap Power to Turn State into Africa’s Manufacturing Engine Lagos State is “flipping the script” on the Nigerian export narrative, shifting its focus from shipping out raw resources to building a world-class production base. The Commissioner for Commerce, Cooperatives, Trade […]
U.S. Embassy Abuja Suspends Appointments as Non-Essential Staff Flee After Security Alerts; Lagos Consulate to Handle Payouts and Routine Interviews The United States mission in Nigeria has “flipped the script” on international travel for residents of the capital, abruptly shutting down its visa operations in Abuja. The embassy confirmed that all scheduled visa appointments have […]
Tinubu Reroutes Lagos-Calabar Coastal Highway Through Ogoniland to Immortalize Late Senator Mpigi; Umahi Hails Fallen Works Chair as ‘Bridge-Builder of Integrity’ The Federal Government has “flipped the script” on the engineering design of the Lagos-Calabar Coastal Highway to pay a lasting debt of gratitude to one of its most dedicated lawmakers. During an emotional Night […]
Nasarawa Varsity Set to Honour BUA Chairman Abdul Samad Rabiu and Tanzanian President Samia Hassan; 25,000 Students to Graduate at 25th Anniversary Convocation Nasarawa State University, Keffi (NSUK), has “flipped the script” on its 25th-anniversary celebrations by inviting a mix of global political leadership and industrial might to its hallowed halls. Vice-Chancellor Prof. Sa’adatu Liman […]
Flutterwave Secures CBN Banking License to Internalize Payouts; Agboola Moves to Slash Settlement Times as 2 Million Businesses Get New Banking Tools Flutterwave has “flipped the script” on the traditional relationship between fintechs and banks by securing its own Nigerian banking license. On Tuesday, April 7, 2026, the unicorn announced that it is moving “into […]
Afreximbank Launches Massive ‘Gulf Crisis’ Fund to Save African and Caribbean Economies from Iran War Shocks; $10bn Pledged for Fuel, Food, and Port Projects Afreximbank has “flipped the script” on the global economic gloom, stepping in with a historic $10 billion lifeline to insulate member states from the fallout of the Middle East conflict. On […]
PiggyVest Hits 10-Year Milestone with Massive ₦3 Trillion Payout; Founders Celebrate 6 Million Users as Fintech Giant Eyes ‘One-Stop Shop’ Future What started as a simple “Piggybank.ng” tweet in 2016 has “flipped the script” on Nigeria’s savings culture, officially completing a decade of financial disruption. On Tuesday, April 7, 2026, PiggyVest marked its 10th anniversary […]
Banking Titans Demand 40% Female Leadership Benchmark; APWB and CIBN Bosses Say Women are ‘Architects, Not Just Participants’ of Nigeria’s Financial Future Nigeria’s banking sector has “flipped the script” on gender diversity, moving past mere talk to demand a definitive 40% stake in leadership. On Tuesday, April 7, 2026, at a high-level summit in Lagos, […]
Tax Revenue Now Overtakes Crude as Nigeria’s Main Income Source; New Report Shows Non-Oil Sector Contributing 87% to National Purse Nigeria has officially “flipped the script” on its decades-long addiction to crude oil. According to a groundbreaking report released by Quartus Economics on Monday, April 6, 2026, the country has successfully transitioned into a “fiscal […]
Atiku Splashes $1.2m on U.S. Lobbyists to Fight FG ‘Narratives’; Firm Set to Engage Trump and Congress Over Nigeria’s 2027 Democratic Crisis Atiku Abubakar has “flipped the script” on his international reputation, moving to ensure his voice is heard in the highest corridors of power in Washington. It was revealed that the former Vice-President has […]
Drug Prices Rocket 30% as Iran War Chokes Global Supply Chains; Pharmacists Warn of Critical Shortages for Life-Saving Medicines The battlefields of the Middle East have “flipped the script” on Nigeria’s healthcare stability, as the ripple effects of the U.S.-Iran war hit local pharmacies. Health stakeholders raised the alarm over a “silent crisis” as the […]
Senate Greenlights Tinubu’s $6bn Loan Request; ₦9tn Added to 2026 Budget as FG Moves to Rebuild Lagos Seaports The Nigerian Senate has provided a massive legislative “Solution” to the federal government’s 2026 funding gaps by approving a $6 billion external borrowing plan. During a fast-paced plenary session on Tuesday, March 31, 2026, lawmakers “flipped the […]
INTERPOL Nabs Edo Resident for $550,000 Romance Scam; Suspect Posed as British Contractor to Swindle Texas Woman of Her Life Savings The long arm of international law has finally caught up with a Benin-based fraudster who allegedly orchestrated a high-stakes romance scam against a United States citizen. On Tuesday, March 31, 2026, the INTERPOL National […]
FG Launches 3MTT Partner Network as EU and Denmark Pour €11m into Digital Talent; Minister Tijani Vows to Turn 3 Million Youths into Global Exports Nigeria’s quest to become a global technology hub received a multi-million euro “shot in the arm” following the official unveiling of the 3MTT Partner Network in Lagos. The Federal Ministry […]
Rep Akinlayo Kolawole Facilitates ₦1bn in Ekiti Projects; Lawmaker Explains How He Turned ₦200m Allocation into Massive Infrastructure Boost A federal lawmaker from Ekiti State has set the record straight regarding the controversial “constituency allowance,” while showcasing a billion-naira development portfolio. Hon. Davidson Akinlayo Kolawole, who represents Moba/Ilejemeje/Ido-Osi Federal Constituency, detailed how he has attracted […]
Yobe Lands $5m World Bank Grant to Power Top Hospitals and Universities with Solar; Governor Buni Moves to Slash Diesel Costs and End Blackouts Yobe State is preparing for a “bright” transformation in its public services as it secures a landmark $5 million grant from the World Bank. Details emerged of a strategic plan to […]
Dangote Refinery Slashes Petrol Price to ₦1,200; NNPCL Follows Suit With Immediate ₦71 Drop at the Pump as Local Refining Finally Bites Back The Nigerian downstream petroleum sector is witnessing a rare “downward spiral” in prices as the Dangote Refinery officially crashed its gantry price to ₦1,200 per litre. The move, announced on Thursday and […]
Adelabu Reveals Electricity Act Has Sparked $2bn in Fresh Investments; 16 States Launch Independent Markets as Sector Revenue Soars by 70% Nigeria’s power sector is finally seeing the “spark” it has needed for decades. On Thursday, March 26, 2026, Minister of Power Adebayo Adelabu revealed that the landmark Electricity Act 2023 has already pulled in […]
Court Nullifies CBN’s Sack of Union Bank Board; Orders Immediate Reinstatement of Farouk Gumel and Team While Halting Recapitalization Plans The Central Bank of Nigeria (CBN) has suffered a significant legal defeat as a Federal High Court in Lagos overturned its 2024 takeover of Union Bank of Nigeria. On Wednesday morning, March 25, 2026, Justice […]
Daily Economy Marks 2nd Anniversary With Launch of New Book Chronicling the Transformation of Nigeria’s Insurance Industry Daily Economy is set to celebrate two years of financial reporting by taking a deep dive into the history of Nigerian insurance. On Monday, March 23, 2026, the organization announced that its second-anniversary activities would be headlined by […]