Why Institutional Failures May Endanger Foreign Direct Investment – Townley-Johson
A South African investor and chief executive of a U.S.-incorporated firm has accused Nigerian institutions of failing to protect foreign investors, warning that the situation could further deter Foreign Direct Investment (FDI) into the country. John Townley-Johnson, CEO of Houses…
Pi Network Joins EU MiCA Framework in Landmark Regulatory Breakthrough
Pi Network, the mobile-based blockchain project with one of the world’s largest crypto communities, has achieved a major regulatory milestone with its official onboarding into the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework. The project, through PiBit Ltd, has…
Manufacturers Abandon Costly Bank Loans as High Interest Rates Reshape Corporate Financing in Nigeria
Nigeria’s manufacturing sector is undergoing a significant and strategic shift as leading companies continue to turn away from bank loans due to the prevailing high-interest-rate environment. Fresh financial disclosures covering the first nine months of 2025 (9M’25) show that manufacturers…
Outrage in Abuja as CSOs Allege Police Attempted Murder, Land Grab for PMAN Ex-President
In bold confrontation against impunity, Civil Society Organisations (CSOs) earlier today stormed Abuja with a public petition against the Nigeria Police Force, accusing operatives of the Inspector General of Police (IGP) Monitoring Unit of gross abuse of power, attempted murder,…
Customs Area 1, Revenue up by 65.3%, as the Command Hits ₦141.6 Billion in First Half of 2025
The Nigerian Customs Service, Area 1, Port Harcourt Command, says it has generated a total revenue of One Hundred and Forty One Billion, Six Hundred and Twenty One Million, Nine Hundred and One Thousand, One Hundred and Eleven Naira, Twenty…
WDCL Partners with Rolon Seals to Boost Investment and Innovation in Africa’s Energy Sector
In a significant move aimed at bolstering investment and innovation within Africa’s oil and gas industry, Western Development Company Nigeria Ltd. (WDCL) has reaffirmed its commitment to advancing the continent’s energy landscape. This announcement was made during the ongoing Nigerian…
Professor-Turned-Vegetable Vendor Urges Youths to Embrace Small Businesses Over Job Hunting
In a powerful message challenging traditional career expectations, Professor Nasir Hassan-Wagini of the Department of Biology, Umaru Musa Yar’adua University (UMYU), Katsina, has urged Nigerian youths and students to embrace entrepreneurship and self-reliance rather than waiting endlessly for white-collar jobs….
Buzzy.ng Signs Njoku Success as Brand Ambassador to Boost Youth Engagement
In a strategic move to deepen its presence among Nigeria’s youth and digital-savvy audience, lifestyle-tech platform Buzzy.ng has officially unveiled Njoku Success Chiziterem as its new brand ambassador. The announcement was made during a signing ceremony held earlier today at…
Identifying and Avoiding Investment Scams: A Comprehensive Guide for Global and African Investors
In an increasingly interconnected and digital world, investment scams have proliferated at alarming rates. According to various international and African financial authorities, the sophistication of these scams has evolved, making them harder to detect and even more dangerous to the…
How Nigerian Electricity Consumers Paid ₦509bn in Four Months Despite Grid Collapses
In the face of recurring power outages, Nigerian electricity consumers contributed a substantial ₦509.84 billion to the revenue of power distribution companies (DisCos) in the fourth quarter of 2024. Despite enduring three total and two partial grid collapses during the…
