Nigeria’s private-sector activity expanded for the third consecutive month in August, but the recovery remained uneven as 11 of 16 industrial subsectors contracted, the Central Bank...
Smartphone prices have increased by an average of 15 per cent globally in 2026, with new models launching at prices about 25 per cent higher than...
Aliko Dangote has disclosed that the initial public offering of the Dangote Refinery will open within the next 10 to 12 days, with the offering expected...
Uber is winding down its operations in Nigeria after 12 years in the country, ending the run of one of the world’s biggest ride-hailing companies in...
Nigeria’s electricity, gas, steam and air-conditioning supply sector contracted by 10.63% year-on-year in real terms in the second quarter of 2026, marking its second consecutive quarterly...
Nigeria’s oil sector expanded by 7.31% in the second quarter of 2026, accelerating sharply from the 2.13% growth recorded in the first quarter, according to the...
Nigeria’s formal remittance market recorded its strongest monthly performance on record in July 2026, as inflows through International Money Transfer Operators (IMTOs) climbed to $947 million,...
Nigeria’s telecommunications networks are carrying data at a pace that is beginning to outstrip subscriber growth, putting fresh pressure on operators to expand capacity even as...
The Nigerian equities market gained N1.29 trillion in market capitalisation this week as investors responded positively to FTSE Russell’s decision to reclassify Nigeria to Frontier Market...
Nigeria’s money market entered the final week of August with liquidity still firmly in surplus, even as the Central Bank of Nigeria (CBN) stepped up its...
Moody’s Ratings has changed Nigeria’s sovereign credit outlook from stable to positive, while affirming the country’s long-term foreign- and local-currency issuer ratings at B3. The rating...
Airtel Africa Plc plans to allocate a significant portion of its $1.1 billion capital expenditure (CAPEX) for 2026 to spectrum acquisition and fibre infrastructure as...
MTN Group is seeking Nigerian investors to acquire up to 30 per cent stake in IHS Nigeria, to enable the group conclude the acquisition of IHS...
Global index provider FTSE Russell is set to proceed with Nigeria’s reclassification from “Unclassified” to “Frontier Market” status, potentially ending months of uncertainty over the country’s...
Abisoye Coker-Odusote, Director-General of the National Identity Management Commission (NIMC), has joined President Bola Tinubu’s 2027 campaign team as Director of Data Management, raising questions about...
The Federal Government has approved a framework for a national digital addressing system designed to improve how individuals, businesses and properties are identified and located across...
The Lagos State Police Command has arrested five suspected telecommunication vandals and recovered a truckload of suspected stolen iron rods in the Ibeju-Lekki area of the...
The assault allegation involving Pinnacle Daily editor, Sunday Michael Ogwu, is the latest in a series of cases involving journalists and security agencies in Nigeria’s capital,...
By Henry Nweze Before we get carried away by the excitement around the forthcoming Dangote Petroleum Refinery IPO, it is important to look at what previous...
Nigeria’s economic reforms have generated N20.40trn in incremental Federal Government resources, but the fiscal pressures associated with the reforms have risen to N30.64trn. The figures were...
