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Business + Economy

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NGX

Listed Companies: Nigeria Ranks 3rd in Africa

Ifeoluwa Okonkwo -
Lagos, Jan. 8, 2026 (NAN) Nigeria’s stock market ranks third-highest in Africa by the number of listed companies, according to the Organisation of Economic...

Tinubu Lauds NGX ₦100trn Milestone, Urges Greater Local Investment

Nigerian Stock Market Surges N953 Billion as Investor Confidence Strengthens

CIS, ASHON Praise FG as Nigerian Capital Market Surpasses ₦100 Trillion

Champion Breweries Secures SEC Approval for ₦42bn Public Offer

Companies

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Quoted Companies

Champion Breweries Secures SEC Approval for ₦42bn Public Offer

Ifeoluwa Okonkwo -
Champion Breweries Plc has secured approval from the Securities and Exchange Commission (SEC) to raise ₦42 billion through a public offer of ordinary shares,...

UBA Surpasses N500bn CBN Capital Requirement with N178bn Rights Issue

Ecobank Nigeria Prepays Over $245 Million of Eurobond Ahead of February Maturity

Heirs Energies Acquires Maurel & Prom’s 20% Stake in Seplat in Landmark $500m Deal

GTCO Secures CBN, SEC Approval for ₦10bn Private Placement to Bolster Capital Base

Banking & Finance

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Banking & Finance

“UBA Rights Issue Fully Subscribed, Raises N157.84bn as Investor Confidence Surges”

Godwin Okafor -
United Bank for Africa (UBA) has successfully closed its rights issue, raising N157.84 billion after the exercise was fully subscribed, the bank announced on...

Fidelity Bank Appoints Mrs Amaka Onwughalu as New Board Chairman

FIRST HOLDCO PLC Announces result of Private Placement of 3,276,923,077 ordinary shares of 50 Kobo each at ₦32.50 per share

CBN Revokes Licences of Aso Savings, Union Homes

First Bank Launches Digital Xperience Centre at University of Benin

FBNQuest asks Appeal Court to restrain Nestoil amid $1bn debt row

SMEs & Startups

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SMEs & Startups

Nigeria to Register 250,000 New MSMEs as SMEDAN Unveils 2026 Growth Plan

Press Release -
By Lucy Ogalue, News Agency of Nigeria Micro, Small and Medium Enterprises (MSMEs) remain a critical pillar of Nigeria’s economy, accounting for a large share...

Nigeria Secures $500m World Bank Funding to Boost MSMEs, Women-Led Businesses and Agribusiness

Nigeria Secures $1 Billion Innovation Fund to Boost Maritime Start-Ups

NiDCC Partners Five Indigenous Entrepreneurs for Capacity Building, Funding

SAN Joe Gadzama Denies Role in CAC OML 40 Filings Controversy

Allegations of Billions in Overcharges Rock CAC, Registrar-General Defends POS Registration Scheme

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Politics + Governance

Economy + Devt

Infrastructure

Umahi threatens to terminate Ikorodu–Itoki Road contract over slow pace of work

Ifeoluwa Okonkwo -
Lagos, Jan. 11, 2026 (Naija247news) — The Minister of Works, Senator Dave Umahi, has issued a stern warning to the contractor handling the Ikorodu–Itoki...

FG inaugurates N40bn CCTV Centre on Third Mainland Bridge

FG rules out tolling Third Mainland Bridge — Umahi

FG to Demolish Half of Iddo Bridge Next Week, Reconstruction to Cost ₦15bn

LAGFERRY Transports 4.4 Million Passengers Since 2020

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Religion + Faith

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Investidation + Corruption

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Education

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Sponsored Posts

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Techology

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AI & Future Tech

Flutterwave Acquires Open Banking Startup Mono in $25m–$40m All-Stock Deal, Deepening Africa Fintech Stack

Peter Anene, Business Editor -
Flutterwave Acquires Open Banking Startup Mono in $25m–$40m All-Stock Deal, Deepening Africa Fintech Stack ABUJA, Jan. 6, 2026 (Naija247news) – Africa’s largest fintech company, Flutterwave,...

Nigeria’s 2026 Tax Reform Faces Cybersecurity Test, Expert Warns

Nigeria’s ICT Sector Hits N9.44tn in Q3 2025, Stakeholders Call for Urgent Broadband Expansion

TikTok US Set for Major Shakeup with New American-Led Joint Venture

Google to Shut Down ‘Dark Web Report’ Feature in Early 2026: What Users Need to Know

Bloomberg Live: Markets & Business News

Watch Bloomberg’s 24/7 stream with real-time global market updates, economic news, and analysis from Wall Street, Asia, Europe, and beyond.

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ENERGY & C

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Oil & Gas

Nigeria’s new Tax Act set to curb oil, gas revenue leakages — Prof. Ken Ife

Joshua Chinonye -
Lagos, Jan. 4, 2026 (Naija247news) — Nigeria’s newly implemented Tax Act (NTA 2025) is expected to reduce revenue leakages in the oil and gas...

Nigeria’s oil, gas sector shows recovery in 2025, faces crucial test in 2026 — Iledare

Eterna Plc launches ₦21.52 billion Rights Issue to fund expansion, strengthen balance sheet

Nigeria, China sign MoU to localise energy infrastructure

Tinubu seeks Senate confirmation for NMDPRA, NUPRC board nominees

ENVIRONMANT

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Lagos Govt to Demolish GNI Building After Deadly Fire, Warns Residents

Pollution Yetunde Kolawale -
Lagos, Jan. 2, 2026 — The Lagos State government has announced plans to demolish the Great Nigeria Insurance (GNI) building and some surrounding structures...

LCCI urges preventive measures to safeguard markets, protect SMEs after Lagos fire

Climate change Babatunde Akinsola -
LAGOS, Dec. 27, 2025 (Naija247news) – The Lagos Chamber of Commerce and Industry (LCCI) has outlined strategic measures to prevent market fires, safeguard enterprises,...

ANI Recruits 40 Rangers to Boost Security at Okomu National Park

Environment Agnes Ekebuike Editor, Naija247news -
The African Nature Investors (ANI) Foundation, in partnership with the National Park Service (NPS), has commenced the recruitment of 40 new rangers to enhance...

COP30: Sahara Group Advocates Scaled Nature-Based Investments to Strengthen Africa’s Climate Resilience

Environment Agnes Ekebuike Editor, Naija247news -
Sahara Group has said that scaling nature-based solutions across Africa will be critical to unlocking climate finance, accelerating adaptation, and strengthening the continent’s resilience...

NCF Urges Nigerians to Collaborate Against Plastic Pollution

Pollution Samuel Gbenga Salau -
LAGOS, Nov. 23, 2025 (Naija247news) — The Nigerian Conservation Foundation (NCF) has called on Nigerians to work together to tackle the growing menace of...

CEO Spotlight

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INTERVIEW: Kiara Rice Mills CEO Sees Potential in Nigeria’s Rice Market Amid Challenges

CEO EXCLUSIVE Godwin Okafor -
LAGOS, Nov 15 (Naija247news) – Africa’s largest rice mill, Kiara Rice Mills, continues to expand its operations in Nigeria’s rice industry, aiming to close...

“We’re Not Playing the 100 Million Subscriber Game” — ntel CEO Says as Firm Plots Q1 2026 Comeback

CEO EXCLUSIVE Sub Zero -
By Naija247news Business Desk Lagos, October 30, 2025 Mr. Soji Maurice-Diya, Chief Executive Officer of NatCom Development & Investment Limited (trading as ntel), says the company...

Campus Founder Tade Oyerinde on Acquisition of Sizzle AI and the Future of Higher Education

CEO EXCLUSIVE Peter Anene, Business Editor -
Campus founder Tade Oyerinde has revealed details about Campus’s recent acquisition of Sizzle AI, an AI-powered learning platform, and shared insights on the future...

“FirstBank Will Keep Bridging Financing Gaps Across Key Sectors,” CEO Vows

CEO EXCLUSIVE Sub Zero -
Abuja — FirstBank Group has restated its commitment to closing Nigeria’s financing gaps and leveraging digital innovation to drive sustainable growth across key sectors...

“For the First Time, Nigeria under Tinubu Administration Shared Over ₦2 Trillion in One Month” — Dr. Zacch Adedeji

CEO EXCLUSIVE Samuel Gbenga Salau -
“For the first time, Nigeria’s three tiers of government shared over ₦2 trillion in a single month — 70% from tax revenue,” says Adedeji,...
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Lifestyle + Culture

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“Which $40,000 Did We Steal?” — Regina Daniels Alleges Arrest Warrant Over Dispute With Ned Nwoko

Arts & Entertainment Emman Tochi -
ABUJA, Jan. 12, 2026 (Naija247news)  Nollywood actress Regina Daniels has publicly alleged that her estranged husband, billionaire politician Ned Nwoko, has obtained an arrest...

MMA2 to Introduce Structured Slot System in 2026 to Ease Congestion

Travel & Leisure Agnes Ekebuike Editor, Naija247news -
The Murtala Muhammed Airport Terminal Two (MMA2), operated by Bi-Courtney Aviation Services Ltd., has announced plans to introduce a structured slot system in 2026...

“‘You Wan Follow Me Enjoy When You Nor Dey There for Me’: Carter Efe Links Career Rise to Split from Baby Mama”

Arts & Entertainment Emman Tochi -
Here is a clean, professional Naija247news hard-news rewrite—neutral in tone, structured, and suitable for publication, while carefully contextualising the quotes without amplifying offensive language. LAGOS,...

Behind The Scenes tops 2025 Nollywood box office with ₦1.32bn haul

Arts & Entertainment Ifeoluwa Okonkwo -
Lagos, Jan. 10, 2026 (Naija247news) — Behind The Scenes, a Nollywood drama produced by star actress and filmmaker Funke Akindele, has emerged as the...

Chimamanda’s Lawyers Write Lagos Hospital, Doctor Suspended

News Emman Tochi -
Lagos, Jan. 11, 2026 (Naija247news) — Solicitors for renowned Nigerian author Chimamanda Adichie have written to Euracare Multi-Specialist Hospital over the death of her...

Deals + Investments

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Lagos Assembly Passes ₦4.44trn 2026 Budget, Prioritises Infrastructure, Economic Growth

News Analysis Samuel Gbenga Salau -
Lagos, Jan. 8, 2026 (NAN) — The Lagos State House of Assembly has passed a ₦4.44 trillion budget for the 2026 fiscal year, adopting...

Domestic Economy Strengthens as PMI Hits Five-Year High in December 2025

News Analysis Ifeoluwa Okonkwo -
Nigeria’s domestic economy recorded a notable improvement in December 2025, with business activity expanding at its fastest pace in nearly five years, according to...

Diaspora

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Nigerian Passport Holders Gain Visa-Free Access to 45 Countries Worldwide

Immigration & Residency Emman Tochi -
Abuja, Jan. 12, 2026 (Naija247news) — Nigerian passport holders can now travel to 45 countries without securing a visa in advance, according to the...

Jersey Returns $9.5 Million in Recovered Corruption Funds to Nigeria for Abuja–Kano Road Project

Remittances & Economy Naija247news Staff -
The Bailiwick of Jersey has signed a Memorandum of Understanding (MoU) with the Federal Government of Nigeria to repatriate more than $9.5 million identified...

Foreign Policy

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WEF 2026: FG Unveils Nigeria House in Davos to Spotlight Economic Reforms

Trade & International Agreements Ifeoluwa Okonkwo -
Abuja, Jan. 9, 2026 (NAN) The Federal Government has launched Nigeria House, Davos, ahead of the 56th Annual World Economic Forum (WEF) 2026, creating...

China–Nigeria Trade Hits $22.3bn in 2025 as Cooperation Gains Momentum

Diplomatic Relations David Okoroafor - Geopolitics & Foreign Affairs Editor -
Lagos, Jan. 7, 2025 (NAN) — China–Nigeria bilateral trade surged past $22.3 billion between January and October 2025, marking a 30.2 per cent year-on-year...

Religion

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Pope Leo Condemns Abortion and Surrogacy as Assaults on Human Dignity in First Major Moral Address

Catholic Ifeoluwa Okonkwo -
Aso Rock, F.C.T Abuja, Nigeria — Jan. 9, 2026 (Naija247news) –Pope Leo has delivered his strongest condemnation yet of abortion and surrogacy, branding both...

Religion

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Pope Leo Condemns Abortion and Surrogacy as Assaults on Human Dignity in First Major Moral Address

Catholic Ifeoluwa Okonkwo -
Aso Rock, F.C.T Abuja, Nigeria — Jan. 9, 2026 (Naija247news) –Pope Leo has delivered his strongest condemnation yet of abortion and surrogacy, branding both...
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Africa + Geopolitics

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Russia Fires Oreshnik Hypersonic Missile, Sends Strategic Signal to West

Geopolitics David Okoroafor - Geopolitics & Foreign Affairs Editor -
London, Jan. 9, 2026 (Naija247news) – President Vladimir Putin has launched an Oreshnik hypersonic missile in western Ukraine, marking the first test of the...

Trump Holds Off Meeting Exiled Iranian Crown Prince Amid Iran Protests

Geopolitics David Okoroafor - Geopolitics & Foreign Affairs Editor -
Washington, Jan. 9, 2026 (Naija247news) – U.S. President Donald Trump is taking a cautious approach to the ongoing protests in Iran, with intelligence assessments...

Ex-Ghana Finance Minister Ken Ofori-Atta Held by U.S. ICE Over Immigration Status

Geopolitics David Okoroafor - Geopolitics & Foreign Affairs Editor -
WASHINGTON, Jan. 9, 2026 (Naija247news) – Former Ghanaian Finance Minister Ken Ofori-Atta has been detained in the United States by U.S. Immigration and Customs...

Burkina Faso Claims Côte d’Ivoire Backed Foiled Plot to Assassinate Military Leader Captain Traoré

Geopolitics David Okoroafor - Geopolitics & Foreign Affairs Editor -
Ouagadougou, Burkina Faso — Burkina Faso has accused neighbouring Côte d’Ivoire of supporting an alleged plot to assassinate the country’s military leader, Captain Ibrahim...

Europe Draws Line in the Arctic: Allies Vow Action if Trump Seizes Greenland!

Geopolitics David Okoroafor - Geopolitics & Foreign Affairs Editor -
Copenhagen / Brussels / Washington, DC – European powers have issued a sharp warning to the United States, vowing coordinated action if President Donald...

Opinion & Analysis

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Why Nigeria’s Banditry Crisis Persists: Misdiagnosis, Money and Strategic Blind Spots

Opinion & Analysis Agnes Ekebuike Editor, Naija247news -
Nigeria’s worsening banditry crisis is no longer driven solely by the growing boldness of armed groups but by a persistent failure to correctly diagnose...

2027 Elections: Defections, Incumbency Power and the Shrinking Space of Nigeria’s Opposition

Viewpoint Agnes Ekebuike Editor, Naija247news -
If the push by some over-ambitious political actors to truncate the electoral calendar fails, Nigeria’s next general elections will hold in February 2027 as...

Social media and the fragile Nigerian State: A growing threat to national stability, by Usman Sarki

Guest Columns Press Release -
“Where there is no vision, the people perish; but where there is no truth, the people turn against each other.” The question of whether social media...

Those who will want Nigeria to go the way of Venezuela, by Rotimi Fasan

Guest Columns Press Release -
The way some Nigerians react to global geopolitics leaves one in no doubt of their poor, dangerously ignorant, apprehension of what it means for an...

Wike’s path to perdition, by Ikechukwu Amaechi

Guest Columns Press Release -
Former governor of Rivers State and Minister of the Federal Capital Territory, Nyesom Wike, is  an aggressive person, always exhibiting hostile behaviour in his relationships...

TOP News

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Inflation + Prices

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Bauchi Sweet Potato Prices Plunge Amid Market Glut, Farmers Seek Government Intervention

Food Inflation Yetunde Kolawale -
Bauchi, Dec. 31, 2025 (NAN) – Prices of sweet potatoes in Bauchi have tumbled sharply amid an oversupply in local markets, leaving farmers and...

NCAA Dismisses Multiple-Tax Claims, Says Airfare Surge Driven by Demand and Supply

Retail & Households inflation Naija247news Staff -
The Nigerian Civil Aviation Authority (NCAA) has dismissed claims that high domestic airfares are the result of multiple government taxes, insisting that airlines do...

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“Which $40,000 Did We Steal?” — Regina Daniels Alleges Arrest Warrant Over Dispute With Ned Nwoko

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ABUJA, Jan. 12, 2026 (Naija247news)  Nollywood actress Regina Daniels...

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