Nigeria Secures $134 Million AfDB Loan to Power Year-Round Farming
In a move to shore up the nation’s food supply and invigorate rural livelihoods, the Federal Government has clinched a $134 million loan facility from...
Author : NigGal
Nigeria Scores Major Win with $80M Solar Boost.
In a move set to brighten Nigeria’s renewable energy landscape, Konexa Energy has secured early-stage backing from the Seed Capital Assistance Facility (SCAF) for an...
Awoniyi’s Emotional Homecoming Lights Up City Ground
After weeks in intensive care and an induced coma, Nottingham Forest striker Taiwo Awoniyi stepped back onto the pitch yesterday for the first time since...
Favour Ofili Smashes 150m World Record in Atlanta
Nigerian sprinter Favour Ofili stunned the athletics world on Saturday, becoming the first woman ever to dip below 16 seconds for the 150 metres, clocking...
ExxonMobil Injects $1.5 Billion to Power Nigeria’s Deepwater Comeback.
In a show of renewed confidence in Nigeria’s offshore oil sector, ExxonMobil today announced a $1.5 billion capital programme to revitalise its Usan deepwater field,...
Nigeria’s Dangote Plants Its Flag on Global Polypropylene Market with New Vinmar Partnership
In a bold move that cements Nigeria’s growing influence in the petrochemicals arena, Dangote Refinery and Petrochemicals has signed an exclusive agreement with Premier Product...
YABATECH Honoured with 2025 ICAN Corporate Merit Award
ICAN Recognizes YABATECH’s Longstanding Impact on the Accounting Profession Yaba College of Technology (YABATECH) has been awarded the 2025 Corporate Merit Award by the Institute...
UBA Recognized as Nigeria’s Leading Brand in 2024 by Brand Finance
UBA Climbs from Ninth to First Place in National Rankings United Bank for Africa Plc (UBA) has been named the strongest brand in Nigeria for...
Lagos Secures $22m to Light Up Citywide Fibre Network
In a move set to accelerate its digital ambitions, the Lagos State Government has locked in a $22 million foreign direct investment to extend its...
Nollywood Triumphs in Cannes as “My Father’s Shadow” Puts Nigerian Stories Center Stage.
In a first for Nigeria’s booming film industry, “My Father’s Shadow” has earned a coveted spot in the Cannes Film Festival’s Un Certain Regard lineup,...
Nigerian-Briton Princess Opeyemi Bright Makes History as UK’s Youngest Mayor at 29.
In a moment that resonated deeply across communities in the United Kingdom and Nigeria alike, 29-year-old Princess Opeyemi Bright has been officially sworn in as...
Nigeria Charts New Growth Path: Joins EBRD to Unlock Billions for Businesses and Infrastructure.
At the 2025 EBRD Annual Meetings in London, Nigeria was formally admitted as a full member of the European Bank for Reconstruction and Development (EBRD),...
Osimhen’s Double Sink Trabzonspor as Galatasaray Lift the Turkish Cup
Victor Osimhen cemented his place in Turkish football history by netting a brace in Galatasaray’s 3-0 victory over Trabzonspor to lift the Turkish Cup on...
Nigeria Boosts Global Credibility with Early IMF Loan Repayment of $3.4 billion.
Nigeria has fully repaid the $3.4 billion emergency funding provided by the International Monetary Fund (IMF) in April 2020 under its Rapid Financing Instrument, completing repayment...
Nigeria’s Sky Blue: Remo Stars Light Up the NPFL with Historic Triumph
In a landmark moment for Nigerian football, Remo Stars were officially crowned champions of the 2024/25 Nigeria Premier Football League (NPFL) after a commanding 4-1...
Nollywood Shines Bright: Femi Adebayo and Chioma Chukwuka Lead Nigeria’s Big AMVCA Wins.
The 11th AMVCA, held at Eko Hotels and Suites on May 10, 2025, showcased Nigeria’s storytelling prowess, drawing A‑list talent, industry leaders and packed audiences...
Nigeria’s Homegrown Oil Firms Ignite a New Era of Energy Independence.
Nigeria’s oil landscape is undergoing a transformative moment as domestic companies step confidently into roles long held by international giants. Over the past year, local...
Solar Leap Empowers Nigeria as Arnergy Secures $18M to Light the Nation
Investor confidence in Nigeria’s clean energy sector reached a new high as Arnergy, the country’s leading solar startup, closed an $18 million Series B funding...
Nigeria Powers Growth with $500m SPIN Irrigation and Power Initiative.
The Federal Government has formally inaugurated the Steering Committee for the Sustainable Power and Irrigation for Nigeria (SPIN) project, a $500 million World Bank–backed programme...
Nigeria’s Creative Sector Poised for Major Growth, Says House Speaker.
Nigeria’s creative industry stands on the brink of a jobs boom, the Speaker of the House of Representatives, Hon. Tajudeen Abbas, told lawmakers in Abuja...
Digital-First Entry: Nigeria Introduces e-Visas and Retires Visa-On-Arrival.
Nigeria’s immigration system takes a major leap into the digital age as the Federal Ministry of Interior and the Nigeria Immigration Service (NIS) roll out...
BoI Disburses N2.25bn to 16,696 MSMEs in Gombe State
The Bank of Industry (BoI) has disbursed N2.25 billion to support 16,696 Micro, Small, and Medium Enterprises (MSMEs) in Gombe State, as part of the...
Nigeria’s Kiki Iriafen Drafted Fourth Overall by Washington Mystics.
Last week, the Washington Mystics made history by selecting Nigerian-American forward Okikiola “Kiki” Iriafen with the fourth overall pick in the 2025 WNBA Draft –...
Unilever Nigeria’s Q1 Profit Jumps to ₦5.6bn on Strong Revenue Growth.
Unilever Nigeria Plc kicked off 2025 on a high note, more than doubling its first-quarter after-tax profit to ₦5.55 billion—up from ₦3.36 billion a year...
Nigeria Powers Ahead with $500 Million Fund Igniting Renewable Energy Boom
Nigeria has taken a decisive step toward expanding access to clean energy with the launch of a $500 million Distributed Renewable Energy (DRE) Nigeria Fund....
Nigeria’s Digital Dawn: Equinix Commits $140 Million to Bridge the South’s Connectivity Gap.
Equinix, fresh off its $320 million acquisition of MainOne in 2022, has unveiled a $140 million investment plan to strengthen digital infrastructure across southern Nigeria....
Naira exchange rates April 2025
Parallell (Black) Market Rates – NGN/USD/GBP/EUR Date Naira/Dollar (NGN/USD)Buy/Sell Naira/Pound (NGN/GBP)Buy/Sell Naira/Euro (NGN/EUR)Buy/Sell April 30, 2025 1600 / 1610 2090 / 2120 1775 / 1800...
Flamingos Take Flight Toward Morocco U-17 Women’s World Cup
Nigeria’s U-17 women’s team booked their place at the 2025 FIFA U-17 Women’s World Cup with a disciplined 0-0 away draw in Blida, preserving a...
Nigeria’s QTech Games Powers Africa’s Gaming Revolution
QTech Games has clinched the Innovative Partner award at the 2025 Africa Gaming Expo Awards in Lagos, beating leading aggregation firms to secure recognition for...
Nigeria’s Non-Oil Exports Soar to 1.79 Billion Dollars in Q1 2025 Fueling National Growth.
In an impressive display of resilience amid global trade tensions, Nigeria’s non-oil exports reached $1.791 billion in the first quarter of 2025, marking a 24.75...