Business - DTOWNCRIER

17-Year-Old Nigerian Wins $4,000 with AI-Powered WhatsApp Tool for Small Businesses

July 29, 2026July 29, 2026Obianuju Nicole0

A 17-year-old Nigerian developer, Abdullah Ajala, has emerged winner of the Nomba x DevCareer Hackathon after outperforming more than 1,000 participants with an artificial intelligence-powered solution that helps small business owners manage credit sales through WhatsApp. Ajala’s winning product, PayWise, earned him the $4,000 grand prize. The AI assistant enables traders to record customer debts […]

Airport Security Excesses Spark Outrage as Passengers Demand Accountability, Reforms

July 29, 2026July 29, 2026Obianuju Nicole0

Growing controversies involving Aviation Security (AVSEC) personnel have intensified concerns over accountability, professionalism and the enforcement of security standards at Nigerian airports, with passengers and industry stakeholders calling for sweeping reforms to restore public confidence. Recent incidents involving AVSEC officials have placed the agency under sustained public scrutiny, while the perceived lack of decisive disciplinary […]

S&P Global Acquires Majority Stake in Agusto & Co. to Deepen African Credit Markets

July 29, 2026July 29, 2026Obianuju Nicole0

S&P Global has agreed to acquire a majority stake in Nigerian-based credit rating agency Agusto & Company Limited, marking a significant move by the global ratings firm to expand its footprint in Africa’s fast-growing domestic debt markets. The transaction, announced on Tuesday, combines S&P Global Ratings’ international analytical expertise with Agusto & Co.’s more than […]

Nigeria Customs Strengthens Regional Trade Integration, Border Management Through Zimbabwe Benchmarking Mission

July 29, 2026July 29, 2026Obianuju Nicole0

The Nigeria Customs Service (NCS) has reaffirmed its commitment to strengthening coordinated border management, enhancing trade facilitation, and deepening regional economic integration following a high-level benchmarking mission to the internationally acclaimed Beitbridge Border Post between Zimbabwe and South Africa. The five-day mission, which brought together customs leaders from Nigeria, Cameroon, Benin Republic, and Zimbabwe, was […]

NLNG Generates Over $150bn in Revenue, Pays $47.2bn in Dividends, Eyes Trains 8–10 Expansion

July 29, 2026July 29, 2026Obianuju Nicole0

Nigeria LNG Limited (NLNG) has generated more than $150 billion in cumulative revenue and exported over 6,000 liquefied natural gas (LNG) cargoes to customers across the globe since commencing operations 37 years ago, reinforcing its position as one of Nigeria’s most significant corporate contributors to economic growth and government revenue. The company also revealed that […]

Headline: Customs to Begin 100% Cargo Scanning at Onne Port

July 23, 2026July 23, 2026Obianuju Nicole0

Nigeria Customs Service (NCS) says it will soon commence 100 per cent scanning of all cargoes arriving through Onne Port in Rivers State to strengthen surveillance and curb the importation of arms, ammunition, illicit drugs and other contraband. The National Public Relations Officer of the NCS, Abdullahi Maiwada, disclosed this in Port Harcourt on Tuesday […]

Dubai Eases Residency Visa Rules for Property Investors

April 30, 2026April 30, 2026Obianuju Nicole0

Dubai has eased its residency visa rules for property investors, removing a long-standing minimum investment threshold for single-property buyers to broaden access to the emirate’s real estate market. As reported by the Economic Times on Thursday, under the revised framework introduced by the Dubai Land Department, individuals who fully own a property can now qualify […]

CBN Orders Dual Connectivity for PoS Transactions to Reduce Service Disruptions

December 13, 2025December 13, 2025Obianuju Nicole0

The Central Bank of Nigeria (CBN) has directed all acquirers, processors and Payment Terminal Service Providers (PTSPs) to implement dual connectivity for point-of-sale (PoS) transactions within one month, in a move aimed at improving transaction reliability and minimising service interruptions. The directive was contained in a circular dated December 11, 2025, and signed by Rakiya […]