Business

“My Story with Air Peace” – Oshiomhole Speaks Out

By The Insight Team June 16, 2025 68

By The Insight Team Senator Adams Oshiomhole, former Edo State Governor, has spoken out about what he describes as “unacceptable treatment” by Nigerian carrier Air Peace, following a string of frustrating travel experiences at Lagos’ Murtala Muhammed Airport. Sharing his ordeal, Oshiomhole said it began with a long delay that ended in disappointment. “I booked Continue Reading

Business News

Aliko Dangote: Relentless Builder of Minds, Dreams, and Nations

By The Insight Team May 31, 2025 137

By Abiodun Alade In a world where wealth often cloaks itself in private luxury, Aliko Dangote has chosen instead to wrap his fortune in the fabric of legacy – woven through classrooms, lecture halls, dormitories, and the dreams of generations to come. From the bustling streets of Lagos to the farthest corners of northern Nigeria, […]Continue Reading

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NBS Reports 76.73% Fuel Price Hike

By The Insight Team May 21, 2025 126

By Emmanuel Kwada The National Bureau of Statistics (NBS) has reported a dramatic 76.73% year-on-year increase in the average retail price of Premium Motor Spirit (PMS), commonly known as petrol, with consumers paying N1,239.33 per litre in April 2025, up from N701.24 in April 2024. The average retail price paid by consumers for PMS in […]Continue Reading

Business

ITMB Wins DBN Award for Promoting Inclusive Mortgage Financing

By The Insight Team May 20, 2025 163

  Infinity Trust Mortgage Bank Plc (ITMB) has been honoured with a prestigious Sustainability Award by the Development Bank of Nigeria (DBN) for its efforts in promoting inclusive mortgage financing and sustainable banking practices. The award, presented over the weekend in Lagos, recognizes ITMB’s commitment to environmental, social, and governance (ESG) principles, Continue Reading

Business

Dangote Packaging increases Output, Eyes African Export Boom

By The Insight Team May 10, 2025 165

By Abiodun Alade Dangote Packaging Limited (DPL) has announced plans to expand into the African export market, following a production capacity boost facilitated by new machinery being commissioned in the two manufacturing plants. Chairman of DPL’s Board of Directors, Mr Robert Ade-Odiachi, disclosed the development during a strategic board meeting held on last Wednesday. Continue Reading

Business

Nigeria’s Oil Sector and the Very Bad People

By The Insight Team April 16, 2025 187

By Abiodun Alade I have read a number of compelling accounts that depict the unfortunate state of Nigeria’s oil sector, but none does so with as much piercing clarity as ‘Very Bad People‘ by Patrick Alley. This non-fiction work explores how powerful individuals and corporations have systematically exploited vulnerable nations for profit, often with devastating Continue Reading

Business

Trump gives TikTok extra 75 days to find buyer

By The Insight Team April 4, 2025 168

By The Insight US President Donald Trump on Friday extended the deadline for TikTok to find a non-Chinese buyer or face a ban in the United States, allowing 75 more days to find a solution. “My Administration has been working very hard on a deal to save TikTok, and we have made tremendous progress,” Trump […]Continue Reading

Business

MTN opens training applications for journalists, content creators

By The Insight Team March 24, 2025 236

By Clement Adeyi, Abuja MTN Nigeria has opened applications for the fourth edition of its Media Innovation Programme. According to the company, the programme is open to journalists, broadcasters, bloggers, and social media content creators. The initiative is a six-month fellowship designed to equip media professionals with insights into the evolving media and technology Continue Reading

Business

Crypto prices rise as Bitcoin hits $87

By The Insight Team March 24, 2025 172

By Clement Adeyi, Abuja Bitcoin and major crypto currencies recorded significant gains in Monday’s early trading. With the development, Bitcoin hit approximately $87,480 which represents a 3.71% increase. Ethereum also experienced a notable increase and climbed 4.05% to trade at $2,093. In addition, the overall cryptocurrency market capitalization increased by 2.94% over Continue Reading

Business News

Senate Committee backs PPPs for housing, urban development

By The Insight Team March 18, 2025 192

Emmanuel Kwada The Senate Committee on Land, Housing, and Urban Development has reaffirmed its commitment to supporting Public-Private Partnerships as a key strategy for addressing Nigeria’s housing challenges. Speaking at the Renewed Hope Housing Public-Private Partnership Summit in Abuja on Monday, the Chairman of the committee, Senator Aminu Tambuwal, emphasised the Continue Reading

Business

Dangote refinery cuts fuel price by N65

By The Insight Team February 27, 2025 206

  Daniel Adaji, Abuja Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit, commonly known as petrol, by N65 per litre, bringing the price down from N890 to N825 per litre. The price cut will take effect from Thursday, February 27, 2025. In an official statement released by the […]Continue Reading

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TikTok, YouTube Top the Chart as Nigeria’s Internet Data Consumption Surpasses 1M Terabytes in 2025

By The Insight Team February 24, 2025 546

By Emmanuel Kwada Nigeria marked a monumental shift in its digital landscape as internet data consumption breached the 1-million-terabyte threshold, a feat propelled by the meteoric rise of TikTok and YouTube. According to a TechCabal report citing Nigerian Communications Commission (NCC) statistics, January 2025 recorded an eye-popping 1,000,930.6 terabytes of data Continue Reading