BUSINESS

Solar Tricycles Initiative Boosts Nigerian Youth Employment 0
- BUSINESS
- February 19, 2026
The Federal Government has strengthened its drive to empower young Nigerians by launching a programme that distributes solar‑powered electric tricycles to youths and vulnerable groups as part of efforts to boost entrepreneurship and green innovation across the country. Officials from the Federal Ministry of Youth Development said the initiative aligns with national priorities to expand
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Nigeria’s Currency May Hit ₦1,000 to Dollar Dangote Forecasts 0
- BUSINESS
- February 18, 2026
Africa’s richest man and Chairman of the Dangote Group, Aliko Dangote, has expressed optimism that the naira will strengthen significantly against the United States dollar this year saying the local currency could trade near ₦1,000 to $1 before the end of 2026 if ongoing government reforms persist. He spoke on Tuesday at the launch of
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Fire Ravages Singa Market in Kano, Over 1,000 Shops Destroyed Ahead of Ramadan 0
- BUSINESS
- February 15, 2026
A massive fire outbreak swept through the busy Singa Market in Kano State on Saturday evening, destroying goods and properties estimated to be worth billions of naira — and leaving traders counting heavy losses just days before the start of Ramadan. The inferno broke out in the Gidan Glass (Gidan Gilas) section of the sprawling
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Depositor Sues Opay Over Account Freeze, Alleges Father’s Death Linked to Restriction 0
- BUSINESS
- February 12, 2026
A Lagos-based trader, Moses King, has taken fintech firm Opay Digital Services Limited to the Federal High Court in Lagos, accusing the company of unlawfully freezing his account and violating his fundamental rights. The suit, filed under the Fundamental Rights Enforcement Procedure in line with Section 46(3) of the 1999 Constitution, is marked FHC/L/CS/178/2026. King’s
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Dangote Refinery Hits Full Capacity — What It Could Mean for the Naira 0
- BUSINESS
- February 12, 2026
The Dangote Petroleum Refinery in Lagos has reached its full designed processing capacity of 650,000 barrels per day (bpd) after optimisation of key units, including the crude distillation and motor spirit production systems. This milestone marks the facility as one of the largest single-train refineries in the world and a major development for Nigeria’s energy
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Naira Hits Two-Year High: Parallel Market Drops Below ₦1,350 Following New CBN BDC Directive 0
- BUSINESS
- February 11, 2026
The Nigerian Naira recorded a historic recovery on Wednesday, trading below the ₦1,350/$1 mark in the parallel market for the first time since May 2024. The sudden surge in value follows a decisive policy shift by the Central Bank of Nigeria (CBN) aimed at crushing the volatility of the retail foreign exchange segment. According to
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