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Rising energy costs are increasing drug prices, according to Patrick Ajah, Managing Director and Chief Executive Officer of May & Baker Nigeria Plc. The company calls for government support to improve infrastructure and suspend planned drug price increases through duty-free impor
Liverpool FC has postponed its planned full ticket price increases following backlash from fans. The decision comes after widespread dissent regarding the necessity of the price hikes, especially after the club reported record revenue figures.
President Bola Tinubu announced that Nigeria is set to attract approximately $20 billion in foreign direct investment (FDI) by 2026, attributing this growth to the removal of regulatory bottlenecks and macroeconomic stabilization efforts.
Kwara State aims to reduce Nigeria's dairy imports through a livestock industrialization agenda, targeting 100,000 metric tons of milk production valued at $150 million by 2026. The initiative seeks to modernize livestock practices and attract investment to boost local dairy prod
Ruth Owojaiye has been appointed as the Regulatory Affairs Director at British American Tobacco Nigeria, aiming to strengthen government and regulatory engagement. With over two decades of experience, she will lead corporate regulatory functions and enhance the company's reputati
A summit in Lagos on May 26, 2026, will focus on digital procurement solutions for large enterprises, addressing issues like fraud and inefficiency. Organized by Gloopro, the event aims to enhance transparency and operational efficiency in procurement across Africa.
NNPC is urged to focus on reviving its refineries instead of pursuing a stake in Dangote's refinery, which rejected NNPC's request to increase its ownership from 7.25% to 20%. Concerns were raised about the inactivity of NNPC's own refineries.
Nigeria is leading Africa's economic sovereignty discussions at the 13th Africa CEO Forum in Kigali, with President Bola Ahmed Tinubu advocating for significant foreign investment and infrastructure development, including a commitment to expand Nigeria's fiber optic network and m
President Bola Ahmed Tinubu's economic policies aim to stabilize Nigeria's economy, with Taiwo Oyedele appointed as Minister of Finance. His strategies include removing fuel subsidies, unifying exchange rates, and implementing tax reforms to enhance revenue collection and investo
President Bola Ahmed Tinubu called for the establishment of a united African commodity market to enhance intra-African trade during a panel session at the Africa CEO Forum 2026 in Kigali, emphasizing the need for collaboration among African nations to unlock economic potential.
ChatGPT recommended three Nigerian stocks for investment, highlighting GTCO and Zenith Bank as strong options. The article discusses the potential for significant returns, emphasizing the accessibility of investing through fintech platforms for small amounts.
Amaka Onwughalu, Chairman of Fidelity Bank PLC, received the 'Women on Bank Boards' Award at the AWBFA 2026 ceremony held on May 8, 2026, in Lagos. The award recognizes women's contributions to leadership in Africa's financial services sector.
The World Bank has restricted comments on its Instagram page following backlash over Nigeria's federal government's request for a $1.25 billion loan to support economic reforms. The loan is set for approval by June 26, 2026, amid rising concerns about Nigeria's debt burden.
The Nigerian Communications Commission (NCC) and the North East Development Commission (NEDC) have been recognized as among Nigeria's best-performing public institutions according to a report released by the Fiscal Responsibility Institute.
A survey by the Central Bank of Nigeria indicates that businesses expect the naira to appreciate against the dollar over the next six months, despite ongoing economic challenges and elevated borrowing costs.
Nigeria's inflation rate rose to 15.69% in April 2026, up from 15.38% in March 2026. This increase reflects ongoing price pressures, although it shows a decline compared to 26.82% in April 2025.
Dr. Dele Alake, the Minister of Solid Minerals Development, stated that President Bola Ahmed Tinubu's administration will implement extensive reforms to combat corruption and economic instability in Nigeria's solid minerals sector, aiming to attract investment and enhance transpa
Ms. Hills, after 13 years of building CMHairByHills, is seeking strategic investors for her new venture, GemsByHills. She aims to expand her luxury jewelry brand, focusing on timeless wearable pieces and targeting a global clientele.
President Tinubu departed Kigali, Rwanda, for Lagos after participating in the Africa CEO Forum. He engaged in discussions aimed at strengthening Nigeria's economy, attracting foreign investment, and promoting economic reforms, including the removal of fuel subsidies.
Bola Ahmed Tinubu stated that Nigerian youths would vote him out if he fails to improve the economy. Speaking at the Africa CEO Forum, he acknowledged the impatience among the youth regarding economic issues and emphasized the need for reforms to attract foreign investment.
Governor Babajide Sanwo-Olu of Lagos State supports the development of professional standards in Nigeria's event industry during a visit from the Association of Professional Party Organizers and Event Managers of Nigeria, emphasizing safety, training, and collaboration for indust
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