Nigerian auto magnate and founder of Innoson Vehicle Manufacturing, Innocent Chukwuma, has announced plans to build a compressed natural gas (CNG) vehicle assembly plant in Bayelsa State.  He described the move as a major step toward expanding local production and promoting cleaner, cheaper transportation across Nigeria. Chukwuma made the announcement during his visit to Governor

The federal government just confirmed a new $2 billion investment, bringing total gas deals to over $8 billion in the last 18 months under President Bola Tinubu. The message is clear: Nigeria is shifting from relying on risky oil income to building its economy around gas for local industry and exports. According to officials in

The National Agency for Food and Drug Administration and Control (NAFDAC) has explained why it withdrew, suspended, and cancelled the registration of 101 drugs across Nigeria.  The agency said the move was to protect public health and clear any confusion about the regulatory status of these medicines. According to a statement signed by NAFDAC’s Director-General

Nigeria’s biggest banks paid ₦442bn in AMCON levies in H1 2025,34% more than ₦330bn in H1 2024. The spike, driven by bigger balance sheets and off-balance-sheet exposures, arrives just as profit tailwinds from last year’s FX revaluation gains fade, tightening margins across Tier-1 and mid-tier banks. The levy is anchored in the AMCON (Amendment) Act

The power of a passport goes beyond travel, it shows how strong a country is in diplomacy, global reputation, and international cooperation.  In 2025, some African nations have made big progress, giving their citizens the freedom to travel to more countries without a visa or with visa-on-arrival. According to the latest Henley Passport Index, here

Africa’s qualifiers for the 2026 World Cup wrap up this week with several groups going down to the wire. Five nations in particular will define the drama on the final day: Nigeria, Benin, South Africa, Cape Verde, and Ivory Coast. (Morocco, Tunisia, Egypt, Algeria, and Ghana are already through.) Nigeria: win in Cotonou and watch

Transcorp Power Plc has released its unaudited financial results for the third-quarter (Q3) period ended September 30, 2025. The company’s revenue grew by 38 percent year-on-year (YoY) to N308.5 billion in 2025, compared to N223.5 billion in Q3 2024. Profit Before Tax (PBT) climbed to N91.18 billion in Q3 2025, from N81.12 billion in Q3

L-R: Florence Ogunyamoju, MD, Digitvant; Samuel Aladekoye, Brand Development Manager and Mary-Lauretta Chikeka, HR at the BusinessDay BAFI Awards. Digitvant Microfinance Bank has been named the Digital Payment Disruptor of the Year at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, held on Saturday, October 11, 2025. The award recognises Digitvant’s outstanding contribution

Governor Agbu Kefas of Taraba State presenting Highland. Tea produced by Taraba State Government as souvenir to Alhassan Yahaya, National President of NUJ at TY Danjuma Hous, Jalingo on Monday. Governor Agbu Kefas of Taraba State has approved request from the Leadership of the Nigeria Union of Journalists (NUJ) for Taraba State to host the

Abia State Government is poised to revolutionise the public transport system with the scheduled launch of an electric vehicle (EV) public transport system, a move that will position the State at the forefront of sustainable transportation in Nigeria, Ukoha Njoku Ukoha, chief press secretary to Governor Alex Otti, has said. He noted that the Abia

L–R: Hassan Imam, managing director & chief executive officer, Keystone Bank Limited; Charles Chukwuma Soludo, executive governor of Anambra State; Ada Chukwudozie, board chairman, Keystone Bank; and Ngozi Chuma Udeh, commissioner for Education, Anambra State, during the commissioning and handover ceremony of a newly renovated and equipped block of classrooms, administrative building, school hall, classroom

The Nigerian Civil Aviation Authority (NCAA) has warned domestic carriers to stop telling passengers that refunds take four weeks, insisting the legal limit is 14 days. In a statement on X, Michael Achimugu, NCAA’s Director of Public Affairs and Consumer Protection, said operators must follow the rules as written. “Domestic airlines need to stop telling