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Companies & markets

Fidelity Bank Empowers Nigerians with N159m in GAIM 6 Promo, Over N30m Disbursed So Far

Lagos, April 21, 2024 (Naija247news/NAN) – Fidelity Bank Plc has reaffirmed its commitment to promoting a savings culture and deepening financial inclusion among Nigerians...

BUSINESS News

Tribunal Upholds FCCPC’s $220 Million Fine Against Meta

Naija247news reports that the Competition and Consumer Protection Tribunal has upheld the $220 million fine imposed on Meta Platforms Inc., the parent company of...
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Nigerian Stock Market Rebounds with N318bn Gain Post-Easter…

, Boosted by Breweries and Financial Stocks By Naija247news Capital Markets Desk | Lagos | April 22, 2025 The Nigerian equities market resumed trading on a...

Over N1.3 Trillion Lost to Ponzi Schemes: SEC Warns Influencers as ISA 2025 Bites

CBEX collapse triggers fresh regulatory crackdown as ISA 2025 takes effect Abuja, April 20, 2025 (Naija247news) – In a bold regulatory move, the Securities and...

“ Angry Shareholders Fume as Banks Pay N436.5bn AMCON Levy in One Year

Summary • Seven Nigerian banks pay a jaw-dropping N436.5bn to AMCON in 2024 alone • Shareholders slam continued existence of AMCON as ‘a conduit pipe’ • Calls...

NGX Market Rebounds with N19 Billion Gain, but Negative Market Breadth Prevails

By Naija247news Financial Desk | April 15, 2025 Lagos, Nigeria – After two consecutive days of losses, the Nigerian Exchange Limited (NGX) bounced back on...

SEC Bans Unregistered Crypto and Forex Platforms Under New ISA 2025 Law

Abuja, April 15, 2025 – Naija247news – The Securities and Exchange Commission (SEC) has announced that operating digital asset exchanges or online foreign exchange...

ECN DG Defends N10 Billion Solar Power Project, Aligns Initiative with Tinubu’s Reform Agenda

Naija247news reports that the Director-General of the Energy Commission of Nigeria (ECN), Dr. Mustapha Abdullahi, has defended the Presidency’s N10 billion solar power project,...

Nigerian Navy Arrests Six Suspects, Shuts Down Illegal Refineries in Bayelsa, Delta, Anambra

…As 3-Day Operation Delta Sanity Targets Oil Thieves, Pipeline Vandals …Suspects Linked to Killing of Soldiers in Anambra, Navy Says …CNS Ogalla’s Anti-Crude Theft Agenda Intensifies By...

Lokpobiri Blames IOC Divestment Delays for Stalled Investment in Nigeria’s Oil Sector

Naija247news reports that Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has pointed to the prolonged delay in the divestment processes...

Nigeria’s Downstream Oil Sector Eyes ₦3 Trillion Revival via Competition, Importation Reforms

As Industry Experts Say Fair Access, Regulatory Clarity Could Spark Investor Boom in Refining, Distribution By Naija247news – Lagos, Nigeria As Nigeria’s downstream oil and gas...

Experts Warn New NNPCL Boss — PIA Compliance Key to $10bn Investment Flow

Lagos, April 21, 2025 – By Naija247news Following the recent appointment of Mr. Bayo Ojulari as the Group Chief Executive Officer (GCEO) of the Nigerian...

BREAKING: Rivers Women Storm Streets, Appeal to President Tinubu to Recall Gov. Sim Fubara, End Political Tension

Port Harcourt, April 24, 2025 | Naija247news — A coalition of concerned women from across Rivers State on Thursday staged a peaceful procession in...

JUST IN: Gov. Alex Otti’s Rumoured Defection to APC Sparks Political Storm Amidst Mass Exit of Labour Party Members

Umuahia, Nigeria – April 24, 2025 | Naija247news – The political atmosphere in Abia State and across the South-East is growing tense following widespread...

2027 Realignment: If El-Rufai Rallies Northern Support for Obi, Tinubu’s Re-election Bid is Doomed — Dahiru Warns

Abuja, Nigeria – April 24, 2025 | Naija247news – Political analyst and columnist, Mahdi Dahiru, has dropped a major political bombshell ahead of the...

Wike Declares LGA Polls “Kangaroo,” Demands Cancellation, Reveals Peace Pact with Gov. Fubara at Church Service

Port Harcourt, Nigeria – April 24, 2025 | Naija247news – In a dramatic political revelation that shook Rivers State’s fragile peace architecture, Minister of...

Crisis Deepens in PDP: 2 Governors, 40 Lawmakers Plot Exit

as Party Elders Demand Wike, Anyanwu Expulsion, Damagum’s Removal Abuja, April 24, 2025 | Naija247news.com – Nigeria’s leading opposition party, the Peoples Democratic Party (PDP),...

Customs Flags 62 Forex Shocks in Q1, Trade Hits ₦36.3trn

By Naija247news Economic Correspondent | Abuja | April 22, 2025 Nigeria’s fragile foreign exchange environment took centre stage once again as the Nigeria Customs Service...

Prof. Uba Blasts Weak Oversight as CBEX Collapse Costs Nigerians Over N1.3 Trillion

A Wake-Up Call for Regulatory Reform ENUGU, Nigeria – April 22, 2025 (Naija247news) – In a scathing critique of Nigeria’s financial watchdogs, public finance and...

“U.S. Tariffs on Cocoa Growers Threaten Nigeria’s 606% Export Growth to N1.2 Trillion, Favor European Chocolatiers”

Lagos, April 3, 2025 (Naija247news) – The introduction of new tariffs on cocoa exports by major global markets is posing a serious threat to...

Gold Surges to Record High Above $3,000 Amid Middle East Tensions and Tariff Fears

Gold prices hit a new record high on Tuesday, surpassing $3,000 per ounce as investors flocked to the precious metal amid rising geopolitical risks...

Michael Alagba, 13-yr-old amputee challenges disability stigma with 2km walk

9, April 2025 For most of his life, 13-year-old Michael Alagba has lived with the weight of expectations, none of which came from him. Born with...

Defence Minister Bello Matawalle Distributes 100 Cows to APC Members in Zamfara for Eid-El-Fitr Celebration

The Minister of State for Defence, Dr. Bello Matawalle, has distributed over 100 cows to members of the All Progressives Congress (APC) in Zamfara...

NELFund Records 500,000 Student Loan Applications in Under a Year

Naija247news reports that the Nigerian Education Loan Fund (NELFund) has received over 500,000 student loan applications just 11 months after it was launched, marking...

Over 31,000 students fail 2024 WASSCE in Lagos, regardless of N1.5bn funding

25, April 2025 THE Lagos State government, yesterday, revealed that 31,596 students from public secondary schools failed the 2024 West African Senior School Certificate Examination,...

Federal Government needs N1tr yearly for school feeding

25, April 2025 About N1 trillion is required yearly for school feeding, the Federal Government said yesterday. Minister of State for Humanitarian Affairs and Poverty Reduction,...

JAMB Records streamlined operation as UTME begins nationwide

25, April 2025 The 2025 Unified Tertiary Matriculation Examination (UTME) conducted by the Joint Admissions and Matriculation Board (JAMB) began yesterday nationwide with supervisors of...

UTME begins at CBT centres in FCT, others

24, April 2025 The 2025 Unified Tertiary Matriculation Examination, UTME, has begun at various Computer-Based Test, CBT, centres in the Federal Capital Territory, FCT, and...

As 2027 Beckons, Dual Citizenship Threatens Nigeria’s Political Stability and Sovereignty

ABUJA – APRIL 25, 2025 | Naija247news – As the countdown to Nigeria’s 2027 general elections intensifies, fresh concerns are being raised over the...

Understanding the “Blue” in the Blue Economy – A PR Perspective

By Yushau A. Shuaib When the Nigerian Institute of Public Relations (NIPR) introduced ‘Marine and Blue Economy’ as a new category in its annual National...

EFCC’s ‘Anti-Corruption’ Crusade – A Political Weapon or Accountability Tool?

As Oborevwori Dumps PDP, Questions Arise Over EFCC’s Role in Party Defections By Naija247news Editorial Board The defection of Delta State Governor Sheriff Oborevwori from the...

Tinubu’s Fubara vs Wike’s Rivers: The Hand of Jacob, The Voice of Esau

By Naija247news Opinion Desk | April 23, 2025 In the unfolding political theatre of Rivers State, what we see may not be what truly is....

Why China is wealthy and Nigeria is necessitous , by Dakuku Peterside

22, April 2025 China and Nigeria, two continental giants that entered the late 1970s with similar per capita incomes, have since taken opposite economic trajectories....

TOP News

Nigeria Digitizes Expatriate Permit Process Amid Efforts to Curb Graft, Boost Transparency in Immigration System

Naija247news – Abuja, April 22, 2025: In a landmark move aimed at tackling entrenched corruption and modernizing Nigeria’s immigration system, the Federal Government has announced...

Nigeria, Niger Sign Deal to Boost Security, Trade, and Border Infrastructure

Abuja, April 16, 2025 – Naija247news Business Desk In a renewed push to deepen diplomatic and economic ties, Nigeria and Niger Republic have signed a...