The new boss at Nigeria's extractive watchdog says the 2007 law that created his agency needs a serious upgrade because it does not give them enough power to actually police the oil and gas giants. Musa Sarkin Adar pointed out that previous leaders complained about the same gaps when they came...
Nigeria's oil minister checked out the African Energy Bank headquarters in Abuja and said the country nailed its hosting duties by getting the place fully furnished and ready to roll. Senator Heineken Lokpobiri wants APPO and Afrexim Bank to show up and officially open the thing since those two...
The housing minister wants state governments to drop 1-3 percent of their yearly budgets on land admin and systematic titling because he thinks solid land governance is the main path to hitting a trillion-dollar economy. Ahmed Musa Dangiwa told the land directors conference that half the money...
Nigeria's power sector just pulled in over $2 billion in new investment under the current administration, according to Power Minister Adebayo Adelabu. The government rolled out a massive metering push to fix the billing nightmare, where half the country still gets hit with estimated charges. Two...
Nigeria's stock market just cut settlement time from three days down to two, which means trades close faster and money moves quicker for everyone buying or selling shares. The Central Securities Clearing System boss said cutting that extra day out of the process makes the market more competitive...
Nigeria's central bank reported that private-sector lending hit 74.41 trillion naira after the monetary policy committee slashed interest rates by half a percentage point to 27 percent. The jump came right after the first rate cut since 2020, and credit bounced back nearly 2 trillion naira from...
Nigeria's finance minister told African countries they need to start trading more with each other because foreign aid keeps getting slashed. Wale Edun said development assistance dropped nine percent last year and will probably fall another 17 percent this year based on what the African...
Nigeria LNG and the content development board met up to hash out plans for fixing Trains 1 through 6 at the gas plant on Bonny Island. The company calls their upgrade project Accelerated Asset Intervention, and they want it rolling next year to keep the facility running at top performance...
The company running Nigeria's electronic truck system said over 3 million trucks passed through Lagos ports in nearly five years, and they dropped more than 4 billion naira setting up the whole operation. Trucks Transit Parks manages the Eto call-up platform that books trucks digitally to stop...
The insurance commissioner told everyone at some summit that the new capital requirement checks are getting handled by Big 4 audit firms because they need outside verification to keep things legit. Olusegun Ayo Omosehin compared the whole process to airport security scanners that every company...
OPay just opened a legit upgraded branch in Ibadan after running some lower-tier setup there before, and they brought out the whole squad of business partners and merchants to celebrate the launch. Elizabeth Wang from the company said they want people who prefer face-to-face banking to actually...
Nigeria hit severe hunger levels that have experts freaking out about the country needing major system overhauls to fix food production. About 50 million people are starving while the global average sits way lower, and the north is getting destroyed with rates pushing 50 percent. Some foundation...
Nigeria and IFAD kicked off their second checkup mission for the agricultural processing zones program, and the IFAD country director said they profiled over 41,000 small farmers across Ogun and Kano while handing out inputs and training to almost 15,000 people. The whole thing is backed by...
The advertising crew behind LAIF is throwing their big creative conference at the Lagos Marriott Hotel in Ikeja, and they're celebrating two decades of the festival with some theme about being crazy for 20 years. The event pulls together ad people from Nigeria and beyond to talk about AI...
Hanson Johnson from Start Innovation Hub just got voted in as the new board chair for Nigeria's Innovation Support Network, and the tech crowd seems pretty hyped about it. The guy runs a network connecting over 230 innovation hubs spread across 32 states, which makes it one of the bigger...
FCMB teamed up with some Dutch development bank and HeaveVentures to wrap up their AgriTech Hackathon thing, where seven Nigerian startups pitched their farming tech solutions. Qiqi Farms walked away with the top prize, and Farm Monitor plus Tuplant grabbed second and third place. The other four...
Nigeria's oil minister checked out the African Energy Bank headquarters in Abuja and said the building looks fire after getting fully decked out. Senator Heineken Lokpobiri told reporters that his country handled everything it promised as the host nation, and the facility sits in a prime spot...
Bayelsa State just landed its first government-owned plane at the airport in Yenagoa after Governor Douye Diri and a bunch of political heavyweights took the inaugural flight on an ATR-72/600 that seats 72 people. The governor said this whole thing proves his administration actually followed...
Nigeria's online gambling scene keeps getting messier for people betting CS2 skins in 2026. Federal and state rules don't line up, and offshore casinos serving Nigerian players might hold licenses from places like Curaçao but still lack proper authorization to operate locally. The government...
Mouni Roy hit up some restaurant with Disha Patani and Sonam Bajwa for a girls' night situation. Mouni and Sonam both wore cream-colored outfits that basically matched, while Disha went with black and kept her hair down. They posted a bunch of photos showing them laughing and posing together...
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