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Nigerian startups raised $635 million in the first 9 months of 2026, more than doubling last year's figures. Flutterwave and Moove were key drivers, helping Nigeria reclaim its position as Africa's top startup investment hub.
Benue Governor Hyacinth Alia's aide dismisses fears of a 'Rainbow Coalition' challenge in 2027, stating the governor is 'not afraid' of political opposition and remains focused on the masses.
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LASPA delays full rollout of on-street parking scheme to improve partner coordination and training. QR-coded uniforms and IDs for agents are planned to help motorists verify identities.
Anambra State requests N70 billion from the Federal Government's Stabilisation Fund to combat insecurity and erosion. The funds will support security, environmental protection, healthcare, and education, aiming to safeguard economic activities and public services.
Lagos State Deputy Governor Obafemi Hamzat has warned pupils against drug abuse and cultism, urging them to focus on their education. The warning was delivered at a back-to-school event providing resources to over 10,000 students.
Ondo residents are experiencing a persistent foul odour and alleged water pollution 17 days after a military aircraft crash in Igbokoda. The incident has severely impacted local fishing businesses, prompting calls for urgent government intervention and cleanup.
Nigeria Customs Service has seized over 38,000 litres of petrol in Adamawa State, valued at N63 million. The operation targeted illegal smuggling activities in border communities.
Dangote Cement drivers met for a safety and welfare retreat in Ogun State, discussing road safety and operational challenges. The company emphasized prioritizing driver safety over delivery schedules.
FG launches new ports regulatory framework and agency logo to boost investor confidence and maritime competitiveness.
NERC has directed electricity distribution companies to repair or replace faulty meters within 48 hours of being reported. The commission also warned against wrongful disconnection of customers and the imposition of illegal reconnection fees.
Dangote Group acquires 25% stake in Kenya's petroleum pipeline network as part of its pan-African distribution infrastructure expansion. The conglomerate is also pursuing similar projects in Djibouti, Ethiopia, Cameroon, and Namibia.
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Nigerian basketball clubs MFM and First Bank will compete in the FIBA Africa Zone 3 qualifiers in Monrovia, Liberia, from November 2-9 for a chance to reach the African Women's Basketball League finals in Cairo. The top two teams from this six-team tournament will secure qualification.
Senator Ireti Kingibe is under fire for allegedly misrepresenting Nigeria's Tax Act 2025, with claims of a 25% flat tax rate after 2027 being called misleading. The law establishes a progressive system where the first N800,000 is tax-free and the highest 25% rate applies only to incomes above N50 million.
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Guinness Nigeria Plc's profit after tax has jumped 53% to N40.69 billion for the nine months ending September 2026. Revenue increased by 20.4% to N403.33 billion, with finance costs significantly reduced.
FirstBank is the sponsor for the 65th Lagos Amateur Open Golf Championship, Nigeria's longest-running golf tournament, taking place in November at Ikoyi Club 1938. The bank's first@sports initiative supports this event, highlighting their commitment to sports development.
The Nigeria Democratic Congress (NDC) alleges the Federal Government has marginalized Bayelsa State, citing concerns over the Lagos-Calabar Coastal Highway project and exclusion from presidential campaign itineraries. The party stresses that Bayelsa's vital role in the nation's oil and gas sector warrants equitable infrastructure development and political engagement.
Jollof rice preparation cost in Nigeria has fallen by 11.5% in Q3 2026, the largest quarterly drop in ten years. Despite this, households continue to face financial strain due to high overall food prices and stagnant incomes.
Nigeria's economic reforms are showing signs of stability, but the key challenge is translating this into shared prosperity for all citizens. The government must ensure reforms improve daily life, from food affordability to job availability.
African ports face significant economic disruption risks from AI adoption due to cybersecurity vulnerabilities, warns NPA MD Dr. Abubakar Dantsoho. He urges for integrated maritime cybersecurity and regional collaboration.
Cuba is grappling with a severe energy crisis, plunging millions into darkness. International sanctions severely limit their fuel imports, making the situation dire and unlike Nigeria's own power challenges.