The government of Benue State has approved ₦450 million as counterpart funding for a women empowerment initiative aimed at boosting economic opportunities for women across the state. The decision reached during a meeting of the Benue State Executive Council chaired by Governor Hyacinth Alia. Boost for Women Entrepreneurs The women empowerment funding will support the…
The government of Togo has expressed interest in increasing electricity imports from Nigeria as part of efforts to address growing power demand in the country. According to reports, the planned expansion of electricity supply will facilitated through the Niger Delta Power Holding Company (NDPHC). Which is one of Nigeria’s major power generation and infrastructure companies….
The government of Lagos State has directed building owners, developers, and facility managers. Also to register and obtain safety certification for all elevators installed in their buildings before March 31, 2026. The directive is part of the state government’s effort to improve building safety standards and prevent elevator-related accidents across residential, commercial, and public buildings…
The Central Bank of Nigeria (CBN) has directed banks and financial institutions to significantly expand the number of Automated Teller Machines (ATMs) across Nigeria. Introducing a new rule that requires at least one ATM for every 7,500 payment cards issued by 2028. The directive announced in the apex bank’s updated Guidelines on the Operations of…
Africa is home to some of the world’s most influential entrepreneurs and business leaders. These individuals built massive business empires across industries such as cement, telecommunications, mining, luxury goods, banking, and construction. Every year, Forbes publishes its list of billionaires, highlighting the Richest People in Africa according to Forbes based on verified net worth, assets,…
Popular Nigerian businessman and social commentator, Isaac Fayose, has shared his thoughts on reports of a recent gathering by the City Boys movement in Imo State. In a statement posted online, Fayose questioned the timing of the meeting. He expressed doubts about Bola Ahmed Tinubu’s chances of gaining significant support in the South-East region. He…
Nigerian gospel singer Ayomikun Alabi is celebrating a special milestone in her marriage as she marks her first wedding anniversary with her husband. The gospel musician took to social media to share a heartfelt message. Expressing gratitude and love for her partner, reflecting on their journey together over the past year. In her emotional note,…
Kayla Nicole Jones being sued by her hairstylist, who claims the influencer assaulted her during a work trip to Los Angeles. The lawsuit filed by Hanissatou Adam, also known as Nissa The Super Stylist. Adam alleges the incident happened in 2024 while they were traveling together for a music video project. According to court documents,…
Retail chain ShopRite has dismissed rumors of shutting down operations in Nigeria. Instead, the company has confirmed plans to open two new stores in Lagos this March. Located at The Palms Shopping Mall and Circle Mall. In an exclusive interview with Nairametrics, Bunmi Adeleye, Chief Strategy Officer at Retail Supermarkets Nigeria Limited. The new owners of…
The Transmission Company of Nigeria (TCN) has commenced the construction of a new 330kV Turn-In Turn-Out (TITO) transmission line. At the Ihovbor Work Centre as part of efforts to improve electricity transmission across Nigeria. According to a statement released by the power transmission agency, the project involves the stringing of the Ihovbor–Ajaokuta transmission line. Which…
