Latest News

79% of informal Nigerian businesses are bleeding margins, says report

Nigeria's vast informal economy, often lauded for its resilience, is grappling with a severe...

Nigeria’s “Jollof Index” falls for the first time in seven years

Jollof Index, a measure of how much it costs to cook a pot of...

Nestlé to cut 16,000 jobs

Nestlé, the world’s largest packaged food company, said on Thursday it will cut 16,000...

Nigeria announces major changes to university entry rules

The Federal Government has announced a sweeping overhaul of entry requirements for Nigerian tertiary...

Nigeria to give 21,000 flood victims N300,000 each as interest-free loan

The Federal Government says it will disburse ₦6.3 billion in interest-free loans to 21,000...

Mounting unpaid bills overshadow Transcorp Power’s strong profit

Transcorp Power PLC, a leading player in Nigeria's power generation sector, delivered a robust...

Nobel Prizes 2025: Full list of winners and what they achieved

The Nobel Prize celebrates extraordinary achievements across science, literature and peace. This year's prizes...

Gold hits record $4,000 before easing as investors take profits

Gold prices hit an all-time high this week, climbing above $4,000 an ounce for...

Nigeria launches $100m carbon project to boost green growth

The federal government has launched a $100 million carbon project in partnership with Orteva,...

U.S. physicists win 2025 Nobel Prize for quantum circuits breakthrough

Three American physicists — John Clarke of the University of California, Berkeley; Michel H....

Nigeria targets 106m children in major measles, polio vaccination drive

Nigeria has launched a large-scale integrated vaccination campaign targeting over 106 million children against...

Ecobank Nigeria unveils upgraded mobile app

Ecobank Nigeria has rolled out an upgraded version of its mobile app, promising a...

Ellah Lakes to acquire Tolaram’s Agro-Allied Resources

Ellah Lakes Plc, Nigeria’s integrated agro-industrial firm, has signed an agreement to acquire Agro-Allied...

Nigeria’s lost 16% of oil output during strike over Dangote Refinery job cuts

Nigeria’s crude and gas production dropped sharply during a short-lived strike by oil workers...

Stanbic IBTC appoints Nwokocha as new Group CEO

Stanbic IBTC Holdings PLC has appointed Chukwuma Nwokocha as its substantive Group Chief Executive,...

Tinubu declares “worst is over” as Nigerians grapple with hardship

President Bola Tinubu marked Nigeria’s 65th Independence Day on Wednesday with a defiant message:...

Beyond the Big Four: Enriching Nigeria’s AI language diversity

Joshua Olufemi A former colleague walked into my office two months ago, and our conversation...

Seplat to boost shareholder payouts with $1 billion dividend plan

Seplat Energy, a leading Nigerian oil and gas company, has pledged to hand investors...

Airtel Africa extends share buy-back programme to March 2026

Airtel Africa has announced revisions to its ongoing share buy-back programme, extending the window...

UBA surprises market with lowest interim dividend in three years after record 2024 payout

United Bank for Africa has declared an interim dividend of 25 kobo per share...