Business

NERC Issues 2026 Mini-Grid Regulations to Expand Rural Power Access

The Nigerian Electricity Regulatory Commission (NERC) has released the Mini-Grid Regulations 2026, introducing a new framework to guide the development, operation and oversight of...

CPPE Rejects World Bank Proposal on Fuel Imports, Cites Inflation and Supply Risks

The Centre for the Promotion of Private Enterprise (CPPE) has urged the Nigerian government to reject a World Bank recommendation suggesting the reopening of...

Air Traffic Controllers Raise Alarm, Warn of Possible Flight Disruptions Nationwide

Air traffic controllers under the National Air Traffic Controllers’ Association (NATCA) have warned of possible nationwide flight delays, citing worsening safety concerns, infrastructure decay,...

Nigerians Turn Pessimistic on Economy as Inflation Fears Grow — CBN Report

Consumers in Nigeria have expressed a pessimistic outlook on the economy for the first time since November 2025, according to the latest Household Expectations...

TUC Urges FG to Use Excess Crude Revenue to Stabilise Petrol Prices, Expand CNG Infrastructure

The Trade Union Congress of Nigeria (TUC) has urged the Federal Government of Nigeria to deploy excess revenue from crude oil sales above the...

Flutterwave Secures Banking Licence, to Hold Deposits Directly

Flutterwave Inc., a leading payments technology company, has obtained a banking licence that will allow it to hold funds and deposits directly, the firm...

Elon Musk Retains World’s Richest Title Despite $22 Billion Loss – Forbes Ranking

Despite losing an estimated $22 billion, billionaire entrepreneur Elon Musk has maintained his position as the world’s richest person, according to the latest Forbes...

BUA Foods Profit Soars, N28 Dividend Proposed

BUA Foods Plc has proposed a record dividend of N28 per share following a strong financial performance in 2025, marking a 115% increase from...

Travel Industry Suffers Losses as Middle East Crisis Escalates

Travel agencies across Nigeria are reporting significant financial losses as geopolitical tensions in the Middle East disrupt travel plans and bookings. Industry stakeholders say...

Lagos Receives Five Fuel Tankers as Shortage Fears Grow

Lagos ports have received five fuel vessels carrying a total of 95,000 metric tonnes of Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO),...

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