Daily Business Reporter

LASAA Launches Digital Directory, One App to Streamline Advertising Services

  The Lagos State Signage and Advertisement Agency (LASAA) has unveiled a digital directory for practitioners and billboard assets, alongside the LASAA One App, in a move aimed at streamlining advertising operations across the state. Speaking at the launch in Lagos, the agency’s Managing Director, Fatiu Akiolu, said the initiative introduces a digital framework to […]

LASAA Launches Digital Directory, One App to Streamline Advertising Services Read More »

Concerns over non-disclosure of signed 2026 budget details

Concerns are mounting over the Federal Government’s commitment to transparency following its failure to make public details of the 2026 Appropriation Act weeks after it was signed into law. President Bola Ahmed Tinubu assented to the budget on April 17, but more than 20 days later, the full breakdown of the document remains unavailable to

Concerns over non-disclosure of signed 2026 budget details Read More »

Nigeria has 185m active subscribers as telcos start poor service compensation

Nigeria’s telecommunications sector recorded modest growth in subscriber numbers in March 2026, driven by the activation and reactivation of about 1.11 million SIM cards, according to new data released by the Nigerian Communications Commission (NCC). The data showed that active telephone subscriptions rose from 184.6 million in February to 185.7 million in March, while teledensity

Nigeria has 185m active subscribers as telcos start poor service compensation Read More »

Lagos Disburses ₦1.13bn Pension to 668 Retirees Under LASPEC Scheme

  Retirees under the Lagos State Pension Commission have received a total payout of ₦1.13 billion, as the Lagos State Government continues to strengthen its pension reform programme. The disbursement, which benefited 668 former public servants, was announced during the 114th Batch Retirement Bond Certificate Presentation Ceremony held in Lagos over the weekend. Director-General of

Lagos Disburses ₦1.13bn Pension to 668 Retirees Under LASPEC Scheme Read More »

Nigeria’s Equities Market Surges ₦56.6 Trillion as 2026 Rally Hits Historic High

  Nigeria’s equities market recorded one of its strongest starts in recent years, with investors gaining a total of ₦56.62 trillion in market value within the first four months of 2026, driven by broad-based buying across key sectors. Data from the Nigerian Exchange Limited showed that total market capitalisation rose from ₦99.376 trillion at the

Nigeria’s Equities Market Surges ₦56.6 Trillion as 2026 Rally Hits Historic High Read More »

Tax Ombud Urges Media Support for Tinubu’s Fiscal Reforms, Taxpayer Awareness

  The Tax Ombud and Chief Executive of the Office of the Tax Ombud, John Nwabueze, has highlighted the critical role of the media in advancing ongoing fiscal reforms under Bola Ahmed Tinubu, urging journalists to intensify public education on taxpayer rights and dispute resolution mechanisms. Speaking during an engagement with business editors in Lagos,

Tax Ombud Urges Media Support for Tinubu’s Fiscal Reforms, Taxpayer Awareness Read More »

Analysts Flag Economic Slowdown Risks as Nigeria’s PMI Slips Below Growth Threshold

  Analysts at Cowry Asset Management Limited have raised concerns over Nigeria’s near-term economic outlook following fresh signs of weakening demand and slowing business activity across key sectors. In its latest assessment of April 2026 data from the Central Bank of Nigeria, the firm noted that the composite Purchasing Managers’ Index (PMI) declined to 49.4

Analysts Flag Economic Slowdown Risks as Nigeria’s PMI Slips Below Growth Threshold Read More »

Credit Enhancement, Domestic Capital Key to Unlocking Nigeria’s Infrastructure Financing — PIDG CEO

  Phillipe Valahu, Chief Executive Officer of the Private Infrastructure Development Group (PIDG), has highlighted the critical role of credit enhancement, domestic capital mobilisation, and stronger public-private partnership (PPP) frameworks in addressing Nigeria’s infrastructure financing gap. Speaking in an interview with Isaac Chibuife, Valahu explained that while Nigeria has viable infrastructure projects, many struggle to

Credit Enhancement, Domestic Capital Key to Unlocking Nigeria’s Infrastructure Financing — PIDG CEO Read More »

Rural Solar Project Gains Ground as Communities Power Their Own Electrification

  A solar electrification initiative targeting underserved communities in northern Nigeria is beginning to deliver tangible progress, offering a new model for addressing the country’s persistent energy access gap. When Dr. Nabilah Sani Mohammed first visited Marayar Rogo, a remote community in northern Nigeria, she encountered a stark reality—there were no electricity poles, no grid

Rural Solar Project Gains Ground as Communities Power Their Own Electrification Read More »

Weak Cybersecurity Framework Leaves Nigeria’s Digital Systems Exposed to Rising Threats

Nigeria’s growing digital ecosystem is facing increasing cybersecurity risks as experts warn that weak oversight, limited testing, and a shortage of skilled professionals are leaving critical systems vulnerable to attack. This follows a series of high-profile cyber incidents affecting both government institutions and private sector organizations, raising fresh concerns about the country’s preparedness to handle

Weak Cybersecurity Framework Leaves Nigeria’s Digital Systems Exposed to Rising Threats Read More »