We Are Hiring – Content Creators / Bloggers Needed – Apply Now (Remote Work)

About the Role Nigerpress is seeking talented and passionate Content Writers / Bloggers who can create high-quality, engaging, and original content focused on Nigeria. If you have strong writing skills, understand online trends, and enjoy telling stories that inform, educate, or entertain Nigerians, we want you on our team. Responsibilities Compensation Fixed Monthly Pay ₦120,000 […]

The Awakening of the Modern Man: Why Self-Mastery Matters More Than Blind Trust

In today’s world, many men feel confused, unheard, and uncertain about where they stand. Movies, fairy tales, and social media often paint a polished picture of love, loyalty, and relationships—one that rarely reflects real life. The truth is this: Most men are taught to love blindly, while very few are taught to protect their emotional […]

Mega churches in Nigeria and the business of selling salvation

The word of God is the gateway to the world of wealth. This shows that the churches count money, lots of money. What if I told you that you could start a business that was exempt from paying any federal, state, local or property taxes? Your customers treat you like holy divinity and showering you […]

Money laundering in Nigeria – The lifeblood of crime and corruption in Nigeria

So let’s say theoretically, you’ve got some good rackets going on. You’ve done some legal gun running traffic, some drugs, robbed a few banks or jewelry stores. Done some insider trading. The point is, you’re a professional criminal who’s only loyal to one thing, money. You’ve got some illegal businesses on your hands are doing […]

Time Management Is Actually a Waste of Time

A lot of us struggle with time management problems. Unfortunately, we believe that time management is a silver bullet. Merely manage your time correctly, and you’ll be a more productive business owner. You’ll finally be able to spend quality time with your family or start that hobby you’ve been putting off. I hate to be […]

Turning Dreams into Reality: A Blueprint for Success

How to Turn Dreams into Reality: A Step-by-Step Blueprint Introduction Dreams are the seeds of innovation and progress. They inspire us to aim higher and envision a better future. But to truly transform dreams into reality requires more than imagination — it demands determination, strategic planning, and consistent action. In this guide you’ll find a […]

Dangote Refinery Shares Open to Nigerian Public Within Five Months

Dangote Refinery Public Share Offering to Open for Nigerian Investors Dangote Refinery Announces Timeline for Public Share Offering In a significant development for Nigeria’s capital markets, Aliko Dangote, Chairman of the Dangote Group, has announced that the Dangote Refinery will be open for share purchases by ordinary Nigerians within the next four to five months. […]

Nigeria Wins $6.2 Million Arbitration Against European Dynamics in Tech Contract Dispute

Nigeria Secures Legal Victory in $6.2M Arbitration Against European Dynamics Nigeria Prevails in $6.2 Million International Arbitration Case An international arbitration tribunal has dismissed a $6.2 million claim brought by European Dynamics UK Ltd against the Federal Government of Nigeria concerning a national e-Procurement project. The ruling, disclosed by the Office of the Attorney General […]

NAFDAC Warning: Revalidated SMA Gold Infant Formula Poses Health Risks in Kaduna

NAFDAC Issues Critical Alert on Tampered Infant Formula in Kaduna NAFDAC Warns Public Over Revalidated Infant Formula in Kaduna The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a critical safety alert to healthcare providers and consumers regarding a suspected revalidated batch of SMA Gold First Infant Milk Formula found for […]

Nigerias N5 Trillion Post-Harvest Loss Crisis: The Cold Chain Problem Explained

Nigeria’s N5 Trillion Post-Harvest Crisis: OTACCWA Warns of Systemic Failures Nigeria Records N5 Trillion in Post-Harvest Losses, Threatening Food Security The Organisation for Technology Advancement of Cold Chain in West Africa (OTACCWA) has revealed that Nigeria incurred staggering post-harvest losses estimated between N3.5 trillion and N5 trillion in 2025. The disclosure, made by OTACCWA President […]

Conoil Appoints Bolaji Owolabi as Acting Company Secretary: Profile and Career Path

Conoil Appoints Bolaji Owolabi as Acting Company Secretary Conoil Announces Appointment of Bolaji Owolabi as Acting Company Secretary Conoil Plc has formally announced the appointment of Mr. Bolaji Owolabi as its Acting Company Secretary, effective from November 12, 2025. The disclosure was filed with the Nigerian Exchange Limited and signed by the company’s Finance Director, […]

AI Chip Demand Sparks Smartphone Price Surge: Memory Shortage Explained

AI-Driven Memory Chip Shortage Threatens Global Smartphone Price Hikes AI-Driven Memory Chip Shortage Threatens Global Smartphone Price Hikes A structural shortage in memory chips, propelled by unprecedented demand from artificial intelligence infrastructure, is poised to increase global smartphone prices by 15 to 20% in the coming months. This potential price hike, detailed in market data […]

Ellah Lakes N235 Billion Public Offer Fails, Investors to Receive Refunds

Ellah Lakes Plc to Refund N235 Billion Public Offer Subscriptions Ellah Lakes Concludes Unsuccessful N235 Billion Public Offer, Initiates Investor Refunds Ellah Lakes Plc has formally closed its N235 billion public offer and will refund all subscription monies to applicants after the offer failed to meet the minimum subscription threshold required for share allotment. The […]

Lagos Government Denies Reports of Resumed Monthly Sanitation Exercise

Lagos State Denies Resumption of Monthly Sanitation Exercise Lagos Government Clarifies Status of Monthly Sanitation Exercise The Lagos State Government has officially denied circulating reports claiming the resumption of its monthly environmental sanitation exercise. The clarification was issued by the Commissioner for Environment and Water Resources, Tokunbo Wahab, who stated that no official commencement date […]

FG Plans Armed Forces College of Medicine to Boost Military Healthcare

Federal Government Advances Plans for Armed Forces College of Medicine Federal Government Advances Plans for Armed Forces College of Medicine The Federal Government has announced significant progress in its plan to establish an Armed Forces College of Medicine and Health Sciences. This strategic initiative aims to bolster military healthcare services and substantially expand Nigeria’s national […]

SCM Capital Frontier Fund Announces N18 Per Unit Distribution for 2025

SCM Capital’s Frontier Fund Announces N18 Per Unit Distribution for 2026 SCM Capital’s Frontier Fund Declares N18 Distribution, Highlights 2025 Growth SCM Capital Asset Management Limited has announced a significant distribution for unitholders of its Frontier Fund. The open-ended unit trust scheme will pay N18.00 per unit to registered members on its register as of […]

Nigerian Stock Market Soars: All-Share Index Breaks 194,000 as Fidson Leads Top Gainers

Nigerian Equities Surge: All-Share Index Breaks 194,000 Barrier Nigerian All-Share Index Enters New Territory, Led by Healthcare and Finance Stocks The Nigerian equity market sustained its bullish run on February 20, 2026, as the benchmark All-Share Index (ASI) gained 0.99% to close at a historic 194,989.8 points. This performance propelled the index firmly past the […]

Orbita by Bluebulb: The Self-Service Treasury Platform Solving Africas Costly Cross-Border Payments

Bluebulb Launches Orbita: A Unified Treasury Platform for African Businesses Bluebulb Announces Orbita: A Self-Service Treasury Platform for African Businesses Cross-border payments within Africa are notoriously complex and expensive. Businesses on the continent pay an average of 7.4% to 8.3% in transaction fees, a figure that more than doubles the global Sustainable Development Goals benchmark […]

Federal Government Commences 2024 Capital Project Payments, Sets March 2026 Deadline

Federal Government Initiates 2024 Capital Project Payments, Sets March 2026 Implementation Deadline The Federal Government has officially commenced disbursements for outstanding capital projects from the 2024 budget. In a decisive move to accelerate budget execution, the administration has set a deadline of March 31, 2026, for the full implementation of the capital components of both […]

Nigerias Century of Plenty: The Path to Growth, Power, and Productivity

Why Growth, Power, and Productivity Will Define Nigeria’s Century of Plenty The Structural Path to Nigeria’s Prosperity: Growth, Power, and Productivity Can global living standards rise to match those of modern Switzerland by 2100? This ambitious question underscores a fundamental truth: prosperity is engineered, not accidental. For Nigeria, with a current GDP per capita under […]

JAMB 2026 UTME: How to Correct Your Subject Combination Before the Deadline

JAMB Commences 2026 UTME Subject Correction Window | Registration Update JAMB Opens Correction Portal for 2026 UTME Subject Combinations The Joint Admissions and Matriculation Board (JAMB) has announced the commencement of a correction window for candidates who need to amend their selected subject combinations for the 2026 Unified Tertiary Matriculation Examination (UTME). This initiative allows […]

Free Wi-Fi Launches at Lagos & Abuja Airports: FAAN & MTN Partnership

FAAN and MTN Launch Free Airport Wi-Fi, Enhancing Nigeria’s Digital Infrastructure FAAN and MTN Partner to Provide Free High-Speed Wi-Fi at Nigerian Airports The Federal Airports Authority of Nigeria (FAAN), in a strategic collaboration with MTN Nigeria, has officially launched complimentary, high-speed Wi-Fi services for passengers at the nation’s busiest international airports. This initiative, a […]

CBN Sterilizes N3.57 Trillion in 3 Days as Banks Park Surplus Cash at SDF Window

CBN Sterilizes N3.57 Trillion in Liquidity Management Drive CBN Intensifies Liquidity Mop-Up, Sterilizes N3.57 Trillion in Three Days The Central Bank of Nigeria (CBN) has executed a significant liquidity sterilization operation, absorbing over N3.57 trillion from the banking system within a three-day period. This aggressive intervention, conducted between Tuesday, February 17, and Thursday, February 19, […]

Rwanda Raises Interest Rate to 7.25% to Curb Inflation, Bucks African Easing Trend

Rwanda Central Bank Raises Rate to 7.25%, Diverging from African Peers National Bank of Rwanda Implements 50bps Rate Hike to Tackle Inflation In a decisive move against persistent inflation, the National Bank of Rwanda has increased its key interest rate by 50 basis points to 7.25%. The decision, announced by Governor Soraya Hakuziyaremye on Thursday […]

Nigerias Borrowing Costs Drop as Fixed-Income Yields Fall on Strong Demand

Nigeria’s Borrowing Costs Decline as Fixed-Income Yields Fall | Market Analysis Robust Investor Demand Drives Down Nigeria’s Government Borrowing Costs Nigeria’s fixed-income market witnessed a notable easing in government borrowing costs on Thursday, February 19, 2026. Yields across Treasury Bills, Open Market Operation (OMO) bills, and Federal Government of Nigeria (FGN) bonds declined, propelled by […]

FCMB Leads N35.8 Billion Trade Surge as NGX Rebounds 0.58%

Market Analysis: NGX Rebounds as FCMB Drives N35.8 Billion Trade NGX Rebounds 0.58% on Strong Buying Interest; FCMB Shares Lead Activity The Nigerian Exchange (NGX) concluded trading on February 18, 2026, on a positive note, with the All-Share Index gaining 1,106.72 points. This represented a 0.58% increase, closing at 190,427.96 points compared to the previous […]

Tinubu Signs 2026 Electoral Act Amendment Ahead of 2027 Elections

President Tinubu Signs Amended Electoral Act Ahead of 2027 Elections President Tinubu Enacts Electoral Act Amendment, Addressing Result Transmission President Bola Tinubu has formally signed the Electoral Act 2026 (Amendment) Bill into law, a pivotal legislative action preceding the 2027 general elections. The signing ceremony, conducted at the State House in Abuja, was attended by […]

President Tinubu Signs Executive Order: NNPCL Fees Suspended, Oil Revenues Redirected

Executive Order on Oil Revenues: Tinubu Suspends NNPCL Fees, Mandates Full Remittance Tinubu Signs Executive Order to Suspend NNPCL Fees, Redirect Oil Revenues President Bola Tinubu has enacted a significant Executive Order suspending specific fees collected by the Nigerian National Petroleum Company Limited (NNPCL) and mandating the complete remittance of oil and gas revenues to […]

Unity and Providus Bank Merger on Track for Final Court Approval

Unity Bank and Providus Bank Merger Progresses, Awaits Final Court Sanction Unity Bank and Providus Bank Merger Nears Completion, Awaits Final Judicial Approval The strategic merger between Unity Bank Plc and Providus Bank Limited is advancing decisively, with the financial institutions confirming the process is on track pending a final court sanction. In a joint […]

FMBN Hits Record N152.4 Billion NHF Collection in 2025: A 48% Surge

FMBN Reports Record N152.4 Billion NHF Collection in 2025 Federal Mortgage Bank of Nigeria Achieves Historic NHF Milestone in 2025 The Federal Mortgage Bank of Nigeria (FMBN) has announced a historic achievement in its National Housing Fund (NHF) collections for the year 2025. The bank recorded a total of N152.4 billion, marking a significant 48% […]

Zenith Bank disowns fake video of ‘Jim Ovia’ promoting investment scheme 

Zenith Bank Warns Public Over Fake Jim Ovia Investment Scheme Video Zenith Bank Issues Alert on Fraudulent “Wealth Bridge” Video Featuring Doctored Jim Ovia Clip Zenith Bank Plc has issued a formal disavowal of a digitally manipulated video and images circulating on social media. The fraudulent content falsely depicts the bank’s Group Chairman, Jim Ovia, […]

Ghana Cocoa Board executives, senior staff take pay cuts over liquidity challenges   

COCOBOD Executives Implement Salary Cuts Amid Cocoa Sector Liquidity Crisis Ghana Cocoa Board Leadership Takes Voluntary Pay Reduction to Address Financial Pressures In a decisive move to navigate significant liquidity challenges, the executive management and senior staff of the Ghana Cocoa Board (COCOBOD) have voluntarily implemented salary reductions. The measure, confirmed in an official press […]

Warner Bros rejects revised Paramount bid, waits for final offer 

Warner Bros Rejects Revised Paramount Bid, Awaits Final Offer | Corporate Merger Update Warner Bros Discovery Rejects Revised Bid, Sets Deadline for Final Paramount Skydance Offer In a significant development in the high-stakes media merger landscape, Warner Bros Discovery has formally rejected a revised unsolicited acquisition proposal from Paramount Skydance. However, the company has signaled […]

Lagride deploys new vehicles under UBA-financed $100m drive-to-own scheme

Lagride Deploys New Fleet Under UBA-Backed $100 Million Drive-To-Own Initiative Lagride Accelerates Driver Ownership with UBA-Financed Vehicle Deployment Ride-hailing platform Lagride has officially deployed a new batch of vehicles in Lagos as part of its ambitious Drive-To-Own scheme. This strategic initiative, supported by a substantial $100 million financing facility from the United Bank for Africa […]

Grey launches ‘Grey Business’ to simplify global payments for African startups and SMEs 

Grey Business Launch: A New Era for African Startup and SME Payments Grey Launches ‘Grey Business’ to Simplify Global Payments for African Startups and SMEs Global fintech leader Grey has officially launched Grey Business, a transformative multi-currency payments platform. Designed specifically for startups and SMEs across Africa and other emerging markets, the platform aims to […]

Elon Musk’s X experiences global access issues as users report outage 

Global Outage Hits X Platform: Users Report Widespread Access Issues Global Outage Hits X Platform: Users Report Widespread Access Issues Elon Musk’s social media platform, X, experienced a significant global service disruption on Monday, with users across multiple countries reporting an inability to access the website and mobile application. The widespread outage raised immediate concerns […]

Largest health companies in Nigeria by market capitalization in 2025

Nigeria’s Healthcare Sector: Market Leaders by Capitalization in 2025 Leading Healthcare Companies on the NGX: A 2025 Market Capitalization Review The healthcare sector on the Nigerian Exchange concluded the 2025 trading year demonstrating remarkable valuation growth. Companies within pharmaceuticals and healthcare services achieved a combined market capitalization of N466.73 billion on the final trading day. […]

Top 10 most expensive states to live in Nigeria in January 2026 

Analysis: Nigeria’s Top 10 Most Expensive States in January 2026 Nigeria’s economic landscape in January 2026 presented a complex picture of moderating short-term inflation alongside persistent regional cost pressures. According to the National Bureau of Statistics (NBS), the national headline inflation rate eased to 15.10%, a slight decrease from 15.15% in December 2025. This shift […]

Crypto funds shed $173m as capital rotates to select altcoins 

Institutional Crypto Funds See $173M Outflow as Capital Rotates to Altcoins Crypto Investment Products Extend Outflow Streak to Four Weeks Digital asset investment products recorded $173 million in net outflows for the week ending February 14, 2026, marking a fourth consecutive week of withdrawals. This data, published in the latest weekly fund flows report by […]

Tinubu calls for Africa’s own credit rating agency in FT Op-Ed

Tinubu Advocates for African Credit Rating Agency in FT Op-Ed Tinubu Calls for Africa-Owned Credit Rating Agency in Financial Times Commentary In a recent op-ed published in the Financial Times, President Bola Tinubu of Nigeria issued a compelling call for the establishment of a credit rating agency owned and operated within Africa. He argued that […]

January ETFs performance – prices jump as demand pushes them above their true value

January 2026 ETF Performance: Analyzing Nigeria’s Market Rally NGX ETFs See Extraordinary January Rally Driven by Investor Demand The Nigerian Exchange (NGX) witnessed a remarkable surge in its Exchange-Traded Funds (ETFs) sector in January 2026. This performance, characterized by significant price appreciation, was primarily driven by heightened investor demand and order-flow dynamics rather than fundamental […]

January inflation rate to remain flat or edge higher – Analysts

Nigeria’s January 2026 Inflation Forecast: Analysts Project Stability or Slight Uptick Analysts Forecast Nigeria’s January 2026 Inflation to Hold Steady or Edge Higher Economic analysts project Nigeria’s inflation rate for January 2026 will remain broadly flat or experience a marginal increase. This outlook suggests limited room for sharp moderation, despite observable price relief in certain […]

The dangers of an appreciating Naira

The Double-Edged Sword: Navigating the Risks of a Rapidly Appreciating Naira The Double-Edged Sword of Naira Appreciation The recent sharp appreciation of the Nigerian Naira, after a prolonged period of depreciation, presents a complex economic narrative. While a stronger currency signals stability and offers political vindication, its rapid rise, particularly when driven by volatile capital […]

Nigeria’s capital importation jumps 380% to $6.01bn in Q3 2025 — NBS

Nigeria’s Capital Importation Soars 380% to $6.01 Billion in Q3 2025 Nigeria’s Capital Importation Soars 380% to $6.01 Billion in Q3 2025 According to the latest data from the National Bureau of Statistics (NBS), Nigeria witnessed a dramatic surge in capital importation during the third quarter of 2025. Total inflows reached $6.01 billion, marking an […]

Capital Importation reaches 6-year high of $16.7bn in 9M 2025

Nigeria’s Capital Importation Hits $16.7bn, a Six-Year High for 9M 2025 Nigeria’s Capital Inflows Surge to $16.7 Billion, Highest Since 2019 Newly released data from the National Bureau of Statistics reveals Nigeria’s capital importation reached $16.78 billion in the first nine months of 2025, surpassing the full-year 2024 total of $12.32 billion. This marks the […]

AMNI clarifies legal position regarding reported court order in Cenroc dispute 

AMNI International Clarifies Legal Position in Cenroc Dispute AMNI International Clarifies Legal Position in Cenroc Dispute AMNI International Petroleum Development Company Limited has issued a formal clarification regarding recent media reports and public declarations surrounding a court order related to the Cenroc dispute. The company emphasizes that contrary to some narratives, the Federal High Court […]

Zichis Agro-Allied stock jumps over 157% month-to-date, breaks into N10 

Zichis Agro-Allied Stock Soars 157% in February 2026, Breaks N10 Barrier Zichis Agro-Allied Industries Sees Meteoric Share Price Rise Shares of Zichis Agro-Allied Industries Plc have delivered exceptional performance on the Nigerian Exchange, appreciating by over 157% month-to-date in February 2026. The stock, which broke into the N10 price territory, has closed every trading session […]

Remote work platforms that offer $400–$2,500 monthly in 2026

Remote Work Platforms Offering $400-$2,500 Monthly in 2026 Top Remote Work Platforms for Global Income in 2026 The professional landscape has undergone a profound transformation, with remote work evolving from a niche option to a mainstream career pathway. This shift, accelerated by global technological adoption, enables skilled individuals worldwide to access international income opportunities. Professionals […]

CBN, others finalizing Eco currency framework ahead of 2027 launch 

ECOWAS Finalizes Eco Currency Framework for 2027 Launch | Central Bank Governors Meet West African Central Banks Advance Plans for Eco Single Currency Central bank governors from twelve West African nations are currently engaged in a pivotal meeting in Monrovia, Liberia, to finalize the technical and institutional framework for the launch of the Eco regional […]

US spent over $40 million deporting migrants to third countries  

Report Details $40 Million U.S. Program for Third-Country Migrant Deportations Senate Report Reveals $40 Million Expenditure on Controversial Deportation Strategy A recent congressional report has brought to light a significant and costly U.S. immigration enforcement policy. According to findings released by Democrats on the Senate Foreign Relations Committee, the administration of Donald Trump spent over […]