30 results
- 30 Jun 2026
Domestic Air Fares Rise 20.8 Percent to N157,552 in May – NBS
The average fare paid for domestic air travel in Nigeria rose by 20.8 per cent year-on-year to N157,552.19 in May 2026, according to the National Bureau of Statistics (NBS). The figure represents an…
- 25 May 2015
Nigeria Faces Shutdown as Energy Crisis Worsens
Nigeria faces a shutdown as fuel becomes increasingly unavailable nationwide and prices doubled or tripled in some places. Petrol, diesel and even kerosene are longer being sold in 80% of fuel…
- 21 Dec 2021
Why Informal Retailers Should ‘Shop Alerzo” This Yuletide
As corporate organizations shut their office doors for the year and workers embark on holiday activities, businesses in the FMCG category remain fully active. Their activities not only keep the…
- 13 Nov 2025
FG’s Suspension of 15% Fuel Import Duty: A Holistic Step Toward Economic Relief and Market Stability
By Blaise Udunze In a welcome display of policy sensitivity and economic rationality, the Federal Government has suspended the planned 15 percent ad-valorem import duty on petrol and diesel. This…
- 19 Jun 2025
Ghana’s Economy Shows Signs of Revival, Fueled by a Surging Cedi
By Austin Kwesi Okere On June 4, 2025, Bloomberg.com drew global attention with the headline: “World-Beating Cedi Slows Ghana Inflation to Three-Year Low.” Defying expectations, the cedi has…
- 21 Apr 2026
5 Smart Saving Hacks Nigerian Freelancers Need to Survive Rising Living Costs
By Margaret Banasko, Head of Marketing, FairMoney Microfinance Bank Nigeria is at the forefront of Africa’s digital labour shift. According to the World Bank, the country leads a cohort of 17.5…
- 5 May 2023
5000 Nigerian Evacuees from Sudan to receive free airtime & data from MTN Nigeria
As Nigeria welcomes back the first set of evacuees fleeing Sudan, MTN Nigeria is offering free airtime and data to the returnees to support their resettlement in Nigeria. The North African country…
- 17 Dec 2021
Alerzo: Using Technology to Improve the Quality of Life of Informal Retailers
Most informal retailers run their businesses on a non stop basis. Even in their leisure time, they are either thinking about the stocking of goods, or the current market prices and how to get the…
- 3 Mar 2022
Smart way to the market for Informal Retailers
It's the digital age and a smart world. Easier ways of doing things emerge on a daily basis; thanks to technology. A lot can now be done without the need for physical presence or contact. Several…
- 23 Jul 2026
Even Messi Needed Trophies. Nigerians Demand Results, not Dribbling
By Blaise Udunze From a general observation, comparisons are powerful political tools. They simplify complex realities, inspire supporters and shape public perception. Another side of this is that…
- 30 Jul 2026
$40Bn Net Reserves, Record Wealth, Relentless Poverty: Who Is Nigeria's Economy Serving Today?
By Blaise Udunze No doubt, it was a welcome announcement that Nigeria's net foreign exchange (FX) reserves have surged by an astonishing 1,233 percent from about $3 billion to over $40 billion. This…
- 9 Sept 2016
5 Smart Ways to Travel Around Lagos This Ember Period
Many Lagosians have unfounded pessimism, myths, and beliefs about the ember period. It is widely believed that it is a time when unsavoury things happen due to the fact that the year is gradually…
- 15 Mar 2024
Moove Unveils ‘N500M Moove Cares Program’ for All Customers in Nigeria
Moove, the world’s first mobility fintech platform, has announced the launch of its ‘Moove Cares’ program, introducing a substantial support package aimed at mitigating the adverse effects of ongoing…
- 11 Mar 2022
MTN Partners with NIDCOM to Offer 5000 Ukraine Returnees Humanitarian Aid
MTN, in partnership with the Nigerians in Diaspora Commission (NIDCOM), has offered 5000 evacuated returnees displaced by the ongoing Russia-Ukraine war more humanitarian aid to ease their premature…
- 24 Mar 2026
Refining Without Relief: How Global Oil Wars, Market Structure, and Monopoly Risks Still Drive Fuel Prices in Nigeria
By Blaise Udunze The vision was bold. The expectation was clear. And the promise was powerful. When the Dangote Refinery began operations, it was hailed as Nigeria’s long-awaited escape from decades…
- 15 Jan 2018
Virtual ‘Hawkers’ Will Soon Send Conventional Shop Owners Packing
By Ugwoke Udoka Stagnancy, well, describes the activities of some shop owners. Moving around in circles and not responsive to the advancement of technology and application of these reforms to their…
- 19 Apr 2022
Five Reasons why E-commerce is a Boost to Informal Retail
Having existed in the background for centuries, Nigeria's informal retail market is witnessing massive rejuvenation, thanks to B2B e-commerce brands applying technology to resolve the chronic market…
- 19 Apr 2021
Glo Deepens Telecom Innovation with Beep Call Service
Globacom has reiterated the advantages of one of its innovative voice call offerings, Beep Call Service, in an announcement issued from Lagos on Friday. According to the announcement, the Glo Beep…
- 18 Feb 2022
Technology is Redefining Informal Retail in Nigeria
"It was my third time seeing the branded delivery van. I honestly thought it was one of the logistics companies as usual. Fortunately, this time, I was at the shop to buy toiletries. And I heard the…
- 27 Apr 2025
Sterling Bank Introduces Free Bus Rides for Nigerians
After sparking a national movement with its Zero Transfer Fees campaign, Sterling Bank has once again pushed the boundaries of what corporate citizenship can mean to everyday Nigerians. Last week,…
- 2 Nov 2025
Tinubu’s 15% Fuel Duty: Taxing Pain in a Broken Economy
By Blaise Udunze When a nation is bleeding economically, with inflation at historic highs and citizens gasping for survival, one expects government policy to offer relief, not suffocation. Yet,…
- 20 Dec 2019
As many organisations head to the cloud, the first stop might be ‘hybrid’
By Wale Olokodana, Business Group Lead for Cloud and Enterprise at Microsoft Middle East Africa, Moving to the cloud is not unlike relocating your business to a primepiece of real estate. The…
- 25 May 2009
N20:The Most Mutilated Nigerian Currency Note
In February 2007, the Central Bank of Nigeria (CBN) released for public use new designs of the Nigerian currency. The redesigned denominations were the N5, the N10 naira, the N20, N50 and newly…
- 19 Dec 2016
ISPs Slash Data Tariff amid Clamour for Hike by Telcos
Internet Service Providers (ISPs) have started slashing tariff for their offerings while telcos are increasingly clamouring for hikes. Investigations revealed that typical data plan for small…
- 24 Jul 2012
Chaotic Transport Policy Hurts Economy - Bello
Alhaji Adeshina Bello, chairman and chief executive officer, Asha-Sea Traffic Agencies, a subsidiary of G.Morufat (Nigeria) Enterprises, had worked in various government agencies and public bodies in…
- 19 Oct 2015
Ericsson Showcases M-Commerce, Transport Solutions at Transform Africa
Ericsson envisions a Networked Society in which connectivity is the starting point for new ways of innovating, collaborating and socializing. Given that more than half of the world’s population…
- 10 Mar 2020
Lagos Cab Operators Unveil EkoCab Mobile App
The Lagos State Taxi Drivers and Cab Operators Association, popularly known as Yellow Taxi/Eko Cab, have unveiled EkoCab Mobile App to promote the transit system in the state. The app tagged “EkoApp:…
- 29 Nov 2014
Airlines Announce New Customer Protection Agreement
The International Air Transport Association (IATA) announced a new arrangement to help passengers impacted by airline bankruptcy. A voluntary agreement on behalf of its members flying to, from and…
- 27 May 2016
United Cancels Lagos Route, Ends Flight to Africa
United Airlines will stop flying to Nigeria next month, ending the carrier’s only route to Africa because of weakness in the energy sector and difficulties in collecting money from tickets sold in…
- 26 Dec 2014
Passengers Stranded at Lagos Airports Over Increased Fares
Hundreds of intending passengers were on Thursday stranded at the two domestic Lagos airports over hike in fares by airline operators. The operators capitalised on the Christmas rush to increase…