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MARKETS AND ECONOMY

Nigeria’s Exports Rise To $20.08bn As Trade Surplus Widens

 Nigeria’s total exports rose to $20.08 billion in the second quarter (Q2) of 2026, from $15.56 billion in the preceding quarter, helping to widen the country’s goods account surplus.According to provisional balance of payments statistics released by the Central Bank of Nigeria (CBN), the goods account surplus increased to...

Airtel Money Plans $800m IPO, Cuts Fundraising Target By 60%

 Airtel Africa Plc is considering reducing the amount it...

Foreign Portfolio Investments In Nigeria Hit $6.03bn In Q1

 Foreign portfolio investments in Nigeria rose by 14.4 per...

Nigeria’s Inflation Slows to 15.39% in August as Food and Core Prices Ease

 Nigeria’s headline inflation rate eased to 15.39 per cent...

Energy Inflation Rises to 4.69% as Petrol Sells Above N1,400

 Nigeria’s energy inflation rose to 4.69 per cent in...

Presco Declares N17.1 Billion Dividend After Profit Hits N178 Billion

 Presco Plc has declared a N17.1 billion dividend to...

FG Raises N1.23tn To Pay Electricity Generators’ Debts

 The Federal Government has raised about N1.23 trillion through...

Tech World

FINANCE

Insurance Recapitalisation: NAICOM Rejects N100bn Fraud Allegation, Denies Officials’ Detention

 The National Insurance Commission (NAICOM) has rejected allegations of N100 billion fraud linked to Nigeria’s recently concluded insurance recapitalisation exercise, describing the claims as false, misleading and unsubstantiated.The commission also denied reports that its Commissioner for Insurance and a director were detained by the Economic and Financial Crimes Commission...

After Recapitalisation, NAICOM Turns to Digital Channels to Grow Nigeria’s Insurance Market

Following the  recapitalisation of Nigeria’s insurance industry, the National...

FairMoney Surpasses 30 Million Registered Users in Nigeria

This milestone represents more than growth. It reflects the growing number of Nigerians choosing FairMoney for their everyday financial needs.

SEC Brings Online Forex, CFD Platforms Under Proposed Capital Market Rules

The Securities and Exchange Commission has proposed new rules...

PalmPay Launches ‘PalmPay Dey For You’ Campaign With New Account Security Tools

PalmPay has launched a new customer-focused campaign, ‘PalmPay Dey...

OPay Denies Shutdown Rumour as Revenue Jumps 161% to $536.3m in 2025

OPay has dismissed a viral social media claim that...

N4.65trn Recapitalisation: Are Banks Financing Nigeria’s Economy or Government?

By Blaise UdunzeFive months after the Central Bank of...

GENERAL NEWS

85% of Nigerians Ready for AI as Govt Digital Services Lag – Report

 Nigerians are increasingly receptive to artificial intelligence, even as...

Tinubu Tasks Accountants to Track Results, not Just Government Spending

 President Bola Tinubu has challenged Nigeria’s accounting profession to...

Nigeria’s N3,000 Certificates and Rise of a Nation of Fake Credentials

 Nigeria should be deeply ashamed. Not merely embarrassed. Not...

HBA, QualCare Africa Launch POCUS Training For Healthcare Professionals

The Health Business Academy for Africa (HBA), in partnership...

FG to Give Shipowners Up to $25m Each After Two-Decade CVFF Delay

The Federal Government is set to provide qualified Nigerian...

NDPHC Reports N300bn Loss As 1,500MW Generation Capacity Remains Stranded

The Niger Delta Power Holding Company (NDPHC) has reported...

FTSE Russell Lists Dangote Cement, MTN, Zenith, 28 Others in Frontier Index

FTSE Russell has listed 31 Nigerian companies in its...

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Travels & Aviation

Appointments & RECOGNITIONS

VIEWPOINTS

Nigeria’s N3,000 Certificates and Rise of a Nation of Fake Credentials

 Nigeria should be deeply ashamed. Not merely embarrassed. Not mildly concerned. Ashamed.A country that claims to be preparing millions...

ENERGY

MARKET