Wednesday, April 29, 2026
News
Naira Drops 2.6% in March Despite CBN’s $668 Million Market Intervention
In March 2025, the Nigerian naira depreciated by 2.4% at the Nigerian Autonomous Foreign Exchange Market (NAFEM) window and by 2.6% in the parallel market, closing at ₦1,536.82/$ and ₦1,530.00/$...
Read moreDetailsNNPC Staff Threaten Nationwide Shutdown Over New Management Appointments
Workers of the Nigerian National Petroleum Company Limited (NNPC) have issued a warning to the new Group Chief Executive Officer (GCEO), Bayo Ojulari, expressing strong opposition to the recruitment of...
Read moreDetailsTunde Onakoya Celebrates as Adopted Son Wins Chess Championship in the US
Renowned Nigerian chess master and founder of the Chess in Slums initiative, Tunde Onakoya, has shared a deeply moving story of triumph and resilience. His adopted son, Jamiu, has emerged...
Read moreDetailsPascal Dozie, Founder of Diamond Bank, Passes Away at 85
Pascal Gabriel Dozie, the visionary entrepreneur who established the now-defunct Diamond Bank Plc and served as the former Chairman of MTN Nigeria, has passed away at the age of 85....
Read moreDetailsCBN Steps In to Support Naira as Trump’s Tariffs Contribute to Oil Price Slump
The global oil market has experienced a significant downturn, with crude oil prices plummeting over 12%, reaching approximately $65.50 per barrel. Entrepreneurng reports that this decline follows the imposition of...
Read moreDetailsPetrol Prices Set to Drop Below ₦400/Litre Following Sharp Decline in Crude Oil Costs
Recent developments in Nigeria's petroleum sector have sparked discussions about the potential for petrol prices to drop below ₦400 per litre. This optimism is primarily driven by the significant decline...
Read moreDetailsNigerian Entrepreneurs: Apply Now for WEMA Bank’s ₦150M Hackaholics 6.0 Challenge
Wema Bank is once again inviting Africa’s brightest innovators, developers, designers, and entrepreneurs to participate in Hackaholics 6.0—its flagship open innovation challenge. The annual ideathon is tailored to inspire cutting-edge...
Read moreDetailsNigeria’s Debt Burden Jumps 48.58% Year-on-Year to Reach N144.67 Trillion
Nigeria’s total public debt reached a staggering N144.67 trillion ($94.23 billion) by December 31, 2024, reflecting a 48.58% year-on-year increase from N97.34 trillion ($108.23 billion) reported at the close of...
Read moreDetailsApplications Open: 2025 Young Impact Associates Fellowship in Agrifood Systems (Paid Opportunity for Africans)
The Young Impact Associates (YIA) in Agrifood Systems Fellowship 2025 is a year-long program designed to equip young African professionals with skills in impact measurement within the agrifood sector. This...
Read moreDetailsNew NNPC Board Faces Criticism Over Lack of Gender Diversity
Concerns have been raised regarding the gender composition of the newly appointed board of the Nigerian National Petroleum Company Limited (NNPC), as only one woman is among the 11 members....
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