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Naira Holds Firm Amid Declining Forex Inflows

Despite weakening foreign exchange (FX) inflows into Nigeria, the naira has demonstrated resilience, maintaining relative stability in both the official and parallel markets. Recent...

Oil Prices Dip as OPEC+ Approves Output Increase

Global crude oil prices dropped sharply on Monday following the decision by the OPEC+ alliance to increase oil output in September, stoking fears of...

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Naira Holds Firm Amid Declining Forex Inflows

Despite weakening foreign exchange (FX) inflows into Nigeria, the naira has demonstrated resilience, maintaining relative stability in both the official and parallel markets. Recent...

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Naira Holds Firm Amid Declining Forex Inflows

Despite weakening foreign exchange (FX) inflows into Nigeria, the naira has demonstrated resilience, maintaining relative stability in both the official and parallel markets. Recent...

AAAG Elects Ogunjimi as Deputy Chair to Strengthen Regional Leadership

Nigeria’s Accountant General of the Federation, Mr. Shamseldeen Babatunde Ogunjimi, has achieved a significant milestone in continental public financial management with his election as...

Oil Prices Dip as OPEC+ Approves Output Increase

Global crude oil prices dropped sharply on Monday following the decision by the OPEC+ alliance to increase oil output in September, stoking fears of...
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ECOWAS Growth at Risk from US Visa Restrictions – Tuggar

Ambassador Yusuf Tuggar, Nigeria’s Minister of Foreign Affairs and Chair of the ECOWAS Mediation and Security Council, has expressed strong concerns over proposed United...

FG Plans Nationwide CNG Coverage Across 30 States by End of 2025

In a major step towards reducing Nigeria’s carbon footprint and easing transportation energy costs, the Federal Government has announced that compressed natural gas (CNG)...

Weak Judiciary Hampers Recovery of N1.5 Trillion in Bad Loans, Judges Informed

The Nigerian banking industry has raised alarm over the sluggish judicial process frustrating the recovery of over ₦1.5 trillion in bad loans, with financial...

Afreximbank Warns External Shocks Threaten Nigeria’s Economic Outlook

Despite positive strides toward economic recovery and industrial self-reliance, Nigeria’s economy remains significantly vulnerable to external shocks, according to the latest Afreximbank Business Report...

IMO Sets October 2025 Deadline for Global Adoption of Net-Zero Framework

The International Maritime Organisation (IMO) has announced that its newly endorsed net-zero emissions framework will be formally adopted by October 2025. The framework, which...

Delayed Loans at Six Nigerian Banks Exceed $3.5bn – Report

In a fresh wave of regulatory tightening aimed at strengthening Nigeria’s financial system, Renaissance Capital Africa has disclosed that six Nigerian banks are currently...

Nigeria’s Space Sector Can Contribute $1bn to GDP – ACCI

Nigeria’s burgeoning space economy holds the potential to generate at least $1 billion annually for the country’s Gross Domestic Product (GDP) by the end...

Kenya Airways Responds to Rising Passenger Mistreatment Allegations

Kenya Airways has pledged to resolve outstanding issues surrounding its recent operational failures, including the highly publicised maltreatment of Nigerian passenger, Gloria Omisore, within...

Amazon Launches AI Startup Accelerator to Boost Innovation and Tech

Amazon Web Services (AWS), a subsidiary of Amazon.com, Inc., has launched applications for the third cohort of its Generative AI Accelerator Programme. The eight-week...

FAAN MD Advocates Airport Concession, Staff Welfare Reforms

The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku, has reiterated the need for private sector involvement in Nigeria’s...

Nigeria Ranks Third as African Startups Secure $1bn in Funding

In a significant boost for the continent’s tech ecosystem, African startups raised over $1 billion in the first five months of 2025 — a...

UK Varsity, PTDF Partner to Expand Scholarships

A move aimed at strengthening academic and industry ties between Nigeria and the United Kingdom, Loughborough University, one of the UK’s top-ranked institutions, has...