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Nigeria showcases $125m housing PPP model to 36 African delegations in Addis Ababa

Nigeria has pitched its Renewed Hope housing partnership to delegations from 36 African countries in Addis Ababa, citing about $125 million in private investment.
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Diesel Tanker Explodes Under Otedola Bridge in Lagos

KEY POINTS A diesel tanker fell off Otedola Bridge and exploded on the Lagos-Ibadan Expressway. LASTMA confirmed two casualties as firefighters and emergency responders arrived. The explosion caused traffic congestion, prompting warnings for motorists to use caution and consider alternative routes. A diesel tanker fell...

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Otedola, Dangote Applaud Tinubu’s Economic Reforms, Express Optimism About Nigeria’s Future

KEY POINTS Femi Otedola and Aliko Dangote met President Tinubu in Lagos on Easter...
Business

EU Partners Nigeria’s 3MTT Programme to Scale Digital Skills and Launch Talent Network

The European Union has partnered with Nigeria's 3MTT Programme to scale digital skills training and connect talent to real employment opportunities
Business

GTCO’s Agbaje built a bank he barely owns

Guaranty Trust Holding Company posted profit before tax of N1.23 trillion and declared its most generous dividend since listing for 2025, giving CEO Segun Agbaje a N410 million gross payout.
Business

Sterling Bank summit targets Nigeria’s transport logistics gap

Sterling Bank CEO Abubakar Suleiman said fixing Nigeria's transport logistics sector requires bold, coordinated execution, not incremental change, at the inaugural NTLS 2026 summit.
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Investigation links late Access Bank CEO to 106 London properties

A new investigation into offshore property ownership in London has linked late Access Bank CEO Herbert Wigwe to 106 properties in the British capital held through shell companies.
Business

Lulu-Briggs foundation treats thousands in Rivers

Lulu-Briggs foundation treated over 5,000 people and performed 149 surgeries in Rivers, expanding access to free healthcare in underserved communities.
Business

New loan scheme targets micro businesses

A ₦100 million loan scheme has been launched to support Nigerian micro-entrepreneurs, focusing on women and informal sector businesses.
Business

Nigeria capital importation jumps in 2025

Nigeria capital importation surged in 2025, rising sharply on the back of portfolio investments and increased inflows into the banking sector.
Business

Moniepoint acquires Orda to push into Africa’s food service market

Tosin Eniolorunda's Moniepoint has acquired Orda Africa, embedding cloud-based restaurant management software into its platform to serve Africa's largely offline and underpenetrated food service sector.
Business

Tony Elumelu Foundation deploys $16m to 3,200 entrepreneurs

The Tony Elumelu Foundation has committed $16 million in seed capital to 3,200 African entrepreneurs in its 2026 cohort, adding AI and climate resilience training to the programme for the first time.
Business

The Economist questions whether Dangote’s empire truly innovates

The Economist has questioned whether Dangote's industrial empire truly innovates, noting that most technical and managerial work across his flagship operations relies on foreign expertise.
Business

Naira Strengthens to Highest Level Since February

KEY POINTS The naira appreciated to N1,355/$, its strongest level since February 2026. Rising...
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Nigeria showcases $125m housing PPP model to 36 African delegations in Addis Ababa

Nigeria has pitched its Renewed Hope housing partnership to delegations from 36 African countries in Addis Ababa, citing about $125 million in private investment.
News

Diesel Tanker Explodes Under Otedola Bridge in Lagos

KEY POINTS A diesel tanker fell off Otedola Bridge and exploded on the Lagos-Ibadan...
News

Nigeria’s Power Grid Suffers Disruption

KEY POINTS Nigeria's 330kV transmission network suffered multiple trippings on Monday, disrupting electricity supply...
News

Sanwo-Olu reportedly orders LAWMA boss Muyiwa Gbadegesin to resign over Lagos waste crisis

Lagos Gov. Babajide Sanwo-Olu has reportedly ordered LAWMA managing director Muyiwa Gbadegesin to resign over the state’s worsening waste crisis, an agency insider says.