As Flutterwave, OPay, and Moniepoint hold firm, smaller startups face a brutal capital drought that is reshaping the innovation landscape. Nigeria’s technology and startup ecosystem is living a tale…
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business and economy
business and economy
EFCC Cracks Down on Naira Spraying at Parties, Offenders Face Jail or Fine
by Joshua Ezim
The Economic and Financial Crimes Commission (EFCC) has come out swinging — warning Nigerians that spraying Naira at parties is now officially a punishable offence that could land offenders in…
Published: Tuesday, May 5, 2026 | Breaking News Nigeria’s naira held relatively steady on Tuesday, May 5, 2026, trading at approximately N1,374 per dollar in the official Nigerian Foreign Exchange…
business and economy
Oil Marketers Brace for Massive Losses as NNPC and Dangote Refinery Battle for Market Control
Nigeria’s oil market is facing an intense showdown as a price war erupts between the Nigerian National Petroleum Company Limited (NNPC) and the newly operational Dangote Refinery. Oil marketers are…
business and economy
Shock Move: Nigeria Taps Brazil With $1 Billion Deal In Agriculture
by Joshua Ezim
Nigeria has sealed a $1 billion agriculture deal with the government of Brazil — a move many are calling bold, strategic, and overdue in the fight to end hunger and…