Nigeria’s External Reserves Rise by $551m in May on FX Stability Gains
Nigeria’s foreign exchange reserves recorded a notable recovery in May 2026, increasing by approximately $551 million within the first three weeks of the month, according...
Author : Alake Uri
NCAA Halts Enforcement of “No Pay, No Service” Rule on Debtor Airlines
The Nigeria Civil Aviation Authority has temporarily suspended the enforcement of its “no pay, no service” directive against 11 domestic airlines over outstanding statutory remittances...
NIGERIA STOCK EXCHANGE MARKET REVIEW
The Nigerian equities market closed the trading week on a bullish note as investors gained ₦3.35 trillion, driven by strong buying interest in cement, telecoms...
FOREX CRISIS: NIGERIA BREWERIES TO PRIORTISE LOCAL CURRENCY
Nigerian Breweries Plc says it is intensifying efforts to reduce its exposure to foreign exchange risks by prioritizing local currency financing and restructuring its balance...
Deadly China Coal Mine Explosion leaves 90 dead
A deadly explosion at a coal mine in northern China has left at least 90 people dead, in what is being described as the country’s...
Lagos Hosts Global Investors for West Africa Industrial Push
Global investors, policymakers and industry leaders are set to gather in Lagos for the West Africa Industrialisation, Manufacturing and Trade Summit and Exhibition.The three-day summit,...
AU Summit Boost for Nigeria with Permanent Central Bank Board Seat
Nigeria has secured a permanent seat on the board of the African Central Bank, in what officials describe as a major diplomatic and institutional milestone.The...
Federal Government Moves to End Electricity Subsidies
Nigerians may soon pay more for electricity, following a federal government decision to end power subsidies and redirect spending toward infrastructure upgrades in the electricity...
Trump Discusses Immigration and Welfare, Citing Nigerian Families
The U.S. President Donald Trump says roughly one-third of Nigerian immigrant households in the United States receive some form of public assistance, as his administration...
Nigeria approves satellite licences for BeetleSat, Satelio, and Amazon’s Kuiper
Nigeria has approved new satellite permits for Amazon’s Kuiper Systems, Israel’s NSLComm, and Germany-based Satelio IoT Services, allowing them to expand space based broadband services...