Category: Nigeria news

  • New Drivers for Real Estate Recovery in Nigeria

    Nigeria’s real estate sector is entering 2026 with cautious optimism, as innovative financing mechanisms, tax reforms, and infrastructure investments begin reshaping the market, Okwy Iroegbu-Chikezie reports. The country continues to grapple with a housing deficit estimated at 28 million units by the World Bank. Experts insist that closing this gap will require long-term, affordable mortgage

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  • Digitising Economic Growth: Nigeria’s ICT Sector Leads the Charge

    Nigeria’s Information and Communications Technology (ICT) sector has rapidly evolved from a supporting player to a key driver of economic transformation, connecting millions of users, revolutionizing financial transactions, and reshaping business and daily life. Sustained policy support and private investment are expected to position the sector as a major contributor to GDP growth in 2026,

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  • Obi Cubana Crowned Okpataozueora I of Oba

    Renowned businessman and philanthropist, Chief Obinna Iyiegbu, popularly known as Obi Cubana, has been honored with the prestigious chieftaincy title Okpataozueora I of Oba in Oba, Idemili South Local Government Area, Anambra State. The title was conferred by His Royal Majesty, Igwe Augustine Chinedu Emelobe, GON (Eze Okpoko II of Oba), also known as Igwe

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  • Nigerian Tax Acts 2025: Balancing Reform, Growth, and Public Concerns

    Nigeria’s Tax Reform Acts 2025 represent a significant step toward modernising the country’s fiscal architecture, aiming to create an efficient, transparent, and growth-oriented tax system. Joseph Tegbe, Chairman of the National Tax Policy Implementation Committee (NTPIC), describes the reforms as a comprehensive overhaul built on four pillars: reconnecting the economy to the state, standardising fiscal

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  • Acquisitions Redefine Nigeria’s Power Sector: A New Era of Investment and Growth

    Nigeria’s power sector is witnessing a wave of acquisitions that could reshape the industry and underscore the impact of ongoing reforms. With private capital seen as essential to bridging the country’s electricity gap, recent transactions signal renewed confidence and the growing attractiveness of the sector. According to the United Nations Development Programme (UNDP), financing is

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  • CBN Champions Consumer Awareness and Protection in Financial Services

    The Central Bank of Nigeria (CBN) has reiterated its commitment to safeguarding consumers and enhancing financial literacy across the country. Through initiatives focused on education, complaints resolution, and the protection of customer privacy, the apex bank continues to strengthen Nigeria’s banking system. The CBN’s Customers’ Bill of Rights underscores the central role of bank customers

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  • CAP PLC Conducts NABTEB-Certified Assessments for Painters Academy Trainees

    Chemical and Allied Products (CAP) Plc, a leading paints and coatings manufacturer in Nigeria, has successfully conducted its first NABTEB-certified assessments for trainees at the CAP Painters Academy. The initiative underscores the company’s commitment to boosting technical skills and fostering economic empowerment among young Nigerians. In collaboration with the National Business and Technical Examinations Board

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  • Nigerian Equities Market Hits N100 Trillion, Boosting Investor Confidence

    Nigeria’s stock market began 2026 on a high note as the nation’s equities market capitalisation touched the N100 trillion mark amid positive trading activity. The NGX All-Share Index (ASI) rose 0.57% to 156,492.40 points, adding 879.40 points on the first trading day of the year, while market capitalisation climbed to N99.9 trillion. Market operators welcomed

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  • Annie Macaulay Sparks Buzz with Relationship Confession at AFRIMA Awards

    Nollywood actress Annie Macaulay set social media abuzz after revealing details about her relationship status during the 9th edition of the All Africa Music Awards (AFRIMA), held from January 7 to 11, 2026, at the Eko Convention Centre, Eko Hotels and Suites, Lagos. On stage, BBNaija star Adekunle Olopade asked Annie about her love life,

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  • Fuji Singer Saheed Osupa Reacts After Cleric Falsely Predicts His Death

    Popular Nigerian Fuji musician Saheed Osupa has responded after Islamic cleric Al-Waraqi Olopameta caused nationwide controversy by claiming the singer would die on January 10, 2026. The controversy began when a video circulated online showing Olopameta asserting that God had revealed Osupa’s impending death. The cleric swore by the Qur’an and his own life to

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