News
See 10 countries that grant easy citizenship by birth
8+ hour, 18+ min ago (201+ words) For individuals looking to give their children the best start in life, citizenship at birth is more than a legal formality; it can be a strategic advantage. Children born with citizenship enjoy immediate access to education, healthcare, and labor markets…...
FMDA projects N8.84trn liquidity inflows in April on OMO, T-Bills maturities
10+ hour, 30+ min ago (282+ words) Nigeria's financial system is projected to receive an estimated N8.84 trillion in liquidity inflows in April 2026, driven'largely by'maturing Open Market Operations (OMO) and Treasury Bills. This projection is based on'data compiled by the Financial Market Dealers Association (FMDA), an umbrella body…...
Naira settles at N1,591/€ as the Euro maintains its fall against US Dollar
15+ hour, 52+ min ago (458+ words) The Nigerian Naira currency showed price stability and upward movements against the major European currency in the past week. Latest data from the Central Bank of Nigeria showed the naira settled at N1,591.5 per 1 EUR, up from its weekly low of…...
FTN Cocoa post 10th straight year of losses in 2025
18+ hour, 58+ min ago (271+ words) FTN Cocoa Processors Plc has released its audited 2025 financial results for the year ended December 31, 2025, reporting pre-tax loss of N252.65 million. This marks the 10th'straight year loss, although it is'an'improvement compared to the N9.5 billion loss in 2024 Also, the report reveals a…...
Fanti Carnival: Lagos to close roads on Lagos Island on Monday
1+ day, 8+ hour ago (204+ words) The Lagos State Government will temporarily close several roads on Lagos Island on Monday, April 6, 2026, to facilitate the Fanti'Carnival. The diversions are expected to affect key routes around the carnival procession areas. Commuters and residents have been advised to plan…...
Baobab’s New Head Office Signals a Bigger Bet on Nigeria’s Small Business Economy
1+ day, 14+ hour ago (472+ words) In Nigeria, small businesses are more than just a part of the economy, they are the economy. From the woman running a neighborhood store to the growing enterprise employing a handful of staff, micro, small, and medium-sized businesses (MSMEs) drive…...
Homeport Limited: Building a Vertically Integrated Distribution Enterprise for Nigeria's Construction Deficit
1+ day, 15+ hour ago (570+ words) The country carries a housing deficit estimated at between 15 and 20 million units, a construction sector contributing roughly 5% to GDP, and an urbanisation rate that adds millions of people to cities each year. The result is a familiar set of problems…...
JMG Drives Sustainability and Solar Adoption Through Engineering Walk, Expands Integrated Energy Solutions in Lagos
1+ day, 14+ hour ago (351+ words) JMG's Chief Commercial Officer, Rabi Jammal (fifth left), Plant Manager, Fouad El Chami, (fourth left) and the JMG Engineering team, during the JMG Smart Engineering and Solar Appreciation Walk in Lagos, recently. JMG Limited, Nigeria's leading provider of integrated electro-mechanical…...
Why Nigeria's Building Materials Distribution Market Is Worth ₦Trillions — And Who Is Winning It
1+ day, 15+ hour ago (387+ words) The housing deficit, variously estimated at between 15 and 20 million units, ensures a structural demand base that no macroeconomic cycle is likely to erase. Total merchandise trade in Nigeria reached approximately "36 trillion in Q1 2025 alone. Across Nigeria's building materials market, supply is…...
Ghana to grant visa-free entry to all Africans from May 25
1+ day, 16+ hour ago (264+ words) President John Dramani Mahama has announced that Ghana will roll out a free visa policy for all Africans starting May 25, 2026. The announcement was made following a bilateral meeting with Zimbabwean President Emmerson Mnangagwa at the Peduase Lodge in Ghana's Eastern…...