Business

The real cost of running a small business in Nigeria in 2026

The real cost of running a small business in Nigeria in 2026

A litre of petrol now costs over ₦1,100. A modest shop on Lagos Island can take up to 500,000 naira…
NCDMB reaffirms mandate, trains 33 engineers in pipeline pigging and corrosion control

NCDMB reaffirms mandate, trains 33 engineers in pipeline pigging and corrosion control

33 young Nigerian graduates in engineering, geology, and related disciplines formally commenced a 12-month training programme in pipeline engineering, corrosion…
The amazons rocking the Nigerian oil and gas sector

The amazons rocking the Nigerian oil and gas sector

The Nigerian oil and gas sector has been seen as a tough, male-dominated space. The boardrooms are usually filled with…
Solar power shines as fuel price and collapsing grid bites hard

Solar power shines as fuel price and collapsing grid bites hard

Over the past few years, buying petrol and diesel in Nigeria has become increasingly expensive for households and businesses. When…
Nigeria leads Forbes Africa rich list

Nigeria leads Forbes Africa rich list

When Forbes publishes its ranking of Africa’s richest individuals, Nigeria consistently records one of the highest numbers of billionaires on…
30 banks clear capital requirement as CBN reviews 3 others

30 banks clear capital requirement as CBN reviews 3 others

Nigeria’s banking sector is moving closer to a major regulatory target after the Central Bank of Nigeria disclosed that most…
Petrol price crosses ₦1000 per litre as market pressures mount in Nigeria

Petrol price crosses ₦1000 per litre as market pressures mount in Nigeria

Petrol prices have surged above ₦1000 per litre across major cities in Nigeria, prompting concern among motorists, transport operators, and…
Nigerian women whose work is shaping the world

Nigerian women whose work is shaping the world

In our everyday lives, we meet many amazing women buzzing with ambition and talent. But some have done more than…
Canal+ to shut down Showmax as streaming losses mount

Canal+ to shut down Showmax as streaming losses mount

Multichoice’s new owner, Canal+, has announced that it will discontinue the Showmax streaming service, marking a major strategic shift in…
NCDMB tightens compliance in midstream sector, warns operators against violations

NCDMB tightens compliance in midstream sector, warns operators against violations

The Nigerian Content Development and Monitoring Board (NCDMB) has intensified its drive to ensure compliance with the NOGICD Act 2010…
Nigeria produces it. Nigeria imports it. So, what is really going on?

Nigeria produces it. Nigeria imports it. So, what is really going on?

Nigeria grows rice, yet ships dock daily with foreign rice. In the same way, Nigeria harvests tomatoes, yet factories import…
Borrowing costs could ease as CBN cuts interest

Borrowing costs could ease as CBN cuts interest

Borrowing money in Nigeria has been brutally expensive for months. From business loans to personal credit, interest rates climbed to…
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