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By Yinka Kolawole The Manufacturers Association of Nigeria (MAN) has called on the Lagos State Government to simplify its tax structure to support industrial growth, reduce business bottlenecks and attract fresh investments into the manufacturing sector. Chairman of MAN Apapa Br...
Top FMCG companies in Nigeria have accumulated a staggering N1.96 trillion in debt for the year 2025. This highlights the increasing financial pressures these firms are facing in the current economic climate.
OPay is preparing for a potential US IPO, engaging major banks for the process. This move highlights concerns about Lagos losing its status as a hub for unicorn startups.
By Ozioruva Aliu Political differences in Edo State were buried throughout the weekend as politicians across political parties, political office holders, top government officials, political office holders participated in the burial ceremonies of the mother of the state deputy gov...
NECA has expressed serious concerns regarding the recent MoU between NNPCL and Chinese firms for the rehabilitation of the Port Harcourt and Warri refineries. This comes amid ongoing controversies surrounding a $25 billion rehabilitation project.
The importance of mentorship in the success of the Student Venture Capital Grant has been highlighted. Recommendations to the Federal Government emphasize the need for guidance and support for students in their entrepreneurial endeavors.
The article emphasizes that Nigeria's power sector challenges cannot be resolved with quick fixes or simple solutions. It highlights the complexity of the issues facing the sector.
The Nigeria Customs Service's Trade Modernisation Project aims to improve the ease of doing business in the country. Comptroller-General Adewale Adeniyi highlighted its potential to boost trade, revenue, and national security.
Nigerian oil companies exported 80% of crude oil output in Q1 2026, despite increasing local refining needs. This trend highlights the ongoing challenges in meeting domestic demand for refined products.
The Nigerian naira showed stability against the US dollar on May 11, 2026, in both official and parallel markets. This was attributed to ongoing forex interventions and a careful market outlook.
The Nigerian stock market experienced a bullish trend, with investors gaining approximately N1.1 trillion Week-on-Week. This rally was primarily fueled by increased buying interest in banking and industrial stocks.
Nigeria's stock market is experiencing a significant resurgence as investors return with unprecedented enthusiasm. This renewed interest marks a transformative moment for the country's equities landscape.
Nigerians are re-engaging with the stock market in unprecedented numbers, marking a significant shift in investment behavior. This resurgence signals a potential new era for equities in Nigeria.
Nigeria's Defence Space Administration is enhancing national security through space technology. This shift reflects a modern approach to warfare beyond traditional military assets.
The World Health Organisation (WHO) has reassured the public that there is no cause for concern regarding hantavirus infection for the average person. This statement aims to alleviate fears surrounding the virus's potential spread.
The Central Bank of Nigeria advises state governments to reduce overdraft reliance and improve fiscal discipline to support the nation’s new inflation-targ
Brewing companies in Nigeria have reported a significant increase in revenue despite the ongoing economic challenges. This rise comes amid rising living costs and declining purchasing power among consumers.
Iran has formally responded to a US proposal amid ongoing tensions in the Strait of Hormuz. Global leaders are facing various pressures, including Putin signaling an end to the Ukraine war and Ramaphosa's challenges at home.
Governor Uzodimma is entering the Senate race, potentially resigning from his gubernatorial position. This move comes two years into his second term as governor.
Nigerian traders are increasingly shutting down their shops due to rising transportation costs that are severely impacting their profits. The vibrant market activity is being replaced by a noticeable decline in business operations.
Siminalayi Fubara attended the APC governorship screening but left visibly upset and declined to comment. The APC has been evasive regarding the details of his screening process.
The article emphasizes the importance of physical hubs in Africa's future, beyond just digital applications. It reflects on the role of local libraries in fostering community engagement and knowledge sharing.
Governor Abiodun has expressed his condolences following the death of Sheikh Sikirulai Babalola, the Grand Chief Imam of Yewaland. He attended the burial of the late Imam, who was a prominent religious leader in Ogun State.
Africa is at a pivotal moment, shifting from a narrative of despair to one of strategic agency. The continent's structural advantages can now be harnessed through coherence and long-term discipline.
Former President Goodluck Jonathan met with presidential aspirant Mohammed Hayatu-Deen in Abuja. The meeting is part of the preparations for the 2027 elections.
Gbenga Olawepo-Hashim has cautioned that the INEC's 2027 election timetable may exacerbate political tensions in Nigeria. He believes it could destabilize party structures nationwide.
The National Association of Aircraft Pilots and Engineers has raised alarms over the high price of Jet-A1 fuel, warning it may jeopardize flight safety and lead to job losses in the aviation sector. Urgent action is needed to address this crisis.
User perceptions and behaviors towards cybersecurity are vital for the success of digital banking in West Africa. Understanding these factors can enhance security measures and user trust in financial services.
The Lagos State Government has highlighted the alarming statistic that only 6% of residents have health insurance. A new health reform roadmap has been introduced to address this issue and improve healthcare access.
FirstHoldCo Plc is seeking shareholder approval to increase its capital base to N1 trillion, aiming to strengthen its balance sheet. This move marks a significant step towards aggressive expansion for the parent company of First Bank.