Ibom Air has begun domestic flight operations at the new international terminal of Victor Attah International Airport in Uyo, Akwa Ibom State, enhancing passenger experience and capacity.
Nigerian stocks gained 0.9% last week, driven by bank and oil & gas stocks. Year-to-date yield stands at 57.3%. Analysts expect profit-taking. Stock picks: Aradel, NEM Insurance, FCMB, Transcorp, Coronation Insurance.
The IMF's 2026 Article IV Consultation report on Nigeria shows financial improvements but persistent poverty and food insecurity, urging conversion of macroeconomic gains into living standard improvements.
Global crude oil prices fell sharply after a US-Iran peace agreement ended hostilities, reopening the Strait of Hormuz and easing market disruptions.
An analysis of Nigeria's investment landscape, arguing for greater emphasis on domestic investment over foreign direct investment, and critiquing one-sided economic analysis.
The NCDMB will install a 2.5MW CNG power plant at the Nigerian Oil and Gas Park to ensure reliable electricity, supporting industrial operations and creating over 2,000 jobs.
BudgIT criticizes Nigeria's 2026 budget as unrealistic, citing a N31.5 trillion deficit and heavy reliance on borrowing amid weak revenue generation.
Kaduna State government is domesticating the Open Government Partnership framework across all 23 local government areas to strengthen primary healthcare delivery and improve governance.
Nigeria's headline inflation rose to 15.93% in May 2026, up from 15.69% in April, driven by food prices. Monthly inflation slowed to 1.75%.
The Central Bank of Nigeria has directed all financial institutions with digital payment operations to disclose the Ultimate Beneficial Ownership of significant shareholders to promote transparency and reduce market concentration risks.
Anambra police arrest two suspects for producing and distributing adulterated alcoholic beverages. The suspects, members of a syndicate, led operatives to their mini-factory.
The FIFA World Cup 2026 is the biggest yet with 48 teams and three hosts. Malaysians can enjoy live streaming, high stakes, and a Rolex giveaway on Winbox.
United Capital Group has completed the acquisition of a 5% equity stake in Nigerian Exchange Group (NGX Plc), marking a milestone in its growth strategy and confidence in Nigeria's capital markets.
Ericsson's Mobility Report reveals 3.1 billion global 5G subscriptions in Q1 2026, with Africa poised for digital growth. Nigeria's 5G penetration reaches 4.20%.
Lagos State announces temporary closure of Iddo Bridge for steel beam installation on June 17-18 and June 21. Motorists advised to use alternative routes.
The Nigerian Ports Authority announces 37 ships carrying petroleum products, food items, and other goods are expected at Apapa, Lekki, and Tincan Island ports on Tuesday.
Nigeria's digital financial shift excludes millions in 300 LGs without bank branches, forcing reliance on POS agents amid rising costs and digital illiteracy.
Power generation companies in Nigeria raise alarm over looming N1 trillion debt and stranded capacity exceeding N2.376 trillion, urging government intervention to stabilize the sector.
Retail petrol prices in Abuja remain at N1,350 per litre despite crashing global oil prices and Dangote refinery's N75 cut. Structural inefficiencies delay transmission.
Ripple invests in Flutterwave at a $3.2 billion valuation to enhance cross-border payments using blockchain technology and RLUSD stablecoin for faster, cheaper transactions.
A cartoon from The Guardian Nigeria illustrates the economic difficulties facing the country, with visual commentary on inflation and cost of living.
The WTO reports global merchandise trade remains above trend in early 2026 despite Middle East conflict and high energy prices, driven by AI-related demand for electronic components.
ECOWAS trade ministers met in Ghana to adopt policies accelerating industrial productivity, establish a trade facilitation committee, and align with AfCFTA goals.
A Federal High Court in Lagos dismissed Eurafric Energy's suit challenging the revocation of its Dawes Island Marginal Field operatorship, following the plaintiff's discontinuation application.
LCCI and NASD Plc held a forum to help MSMEs access capital market funding, addressing high lending rates and poor business structures hindering growth.
Enugu State's land reform aims to boost revenue but imposes high fees on landowners, who pass costs to tenants, sparking outcry and calls for review.
ETK launches Momentum, a tech-enabled capacity and climate risk platform, in Lagos with UK partners to strengthen organisational systems for growth and competitiveness.
Yomi Sonuga says Nigeria can become a top aqua-tourism destination by investing in marine safety, boating culture, and waterfront infrastructure.
Nigeria's FTTH connections rose 149% to 210,065 by end-2025, NCC data shows. Expansion eases mobile network pressure, but challenges like high costs and infrastructure gaps persist.
Great Nigerian Insurance Plc gets SEC approval for a N15.6 billion rights issue, offering six new shares for every seven held, to boost capital beyond NAICOM requirements.