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Category: Economy

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FX Derivatives surge over 500% as Nigeria’s weekly FX turnover improves 40.45% to $3.39 billion
  • Economy

FX Derivatives surge over 500% as Nigeria’s weekly FX turnover improves 40.45% to $3.39 billion

  • September 14, 2026
  • 0

Nigeria’s foreign exchange market recorded a strong rebound in trading activity in the week ended September 11, 2026, with total turnover rising to $3.39 billion, […]

India seeks more Nigerian crude as Shettima, Modi push stronger trade ties
  • Economy

India seeks more Nigerian crude as Shettima, Modi push stronger trade ties

  • September 14, 2026
  • 0

India is pushing for more crude from Nigeria after Vice President Kashim Shettima and Indian Prime Minister Narendra Modi pledged to strengthen bilateral trade and […]

Dangote IPO sparks record digital platform race for 10 million investors
  • Economy

Dangote IPO sparks record digital platform race for 10 million investors

  • September 14, 2026
  • 0

The Dangote Petroleum Refinery and Petrochemical initial public offering (IPO) has triggered an unprecedented digital race among Nigerian stockbrokers, banks and fintech companies seeking to […]

Why Lagos’ reclaimed land boom may not solve its housing problem
  • Economy

Why Lagos’ reclaimed land boom may not solve its housing problem

  • September 14, 2026
  • 0

Lagos’ growing use of land reclamation may be creating more development space, but the expansion of physical land will not necessarily solve the state’s housing […]

Nigeria hits OPEC quota again, but oil output still trails budget target
  • Economy

Nigeria hits OPEC quota again, but oil output still trails budget target

  • September 14, 2026
  • 0

Nigeria maintained compliance with its Organization of the Petroleum Exporting Countries (OPEC) production quota for the fourth consecutive month in August 2026, as crude oil […]

Nigeria hits OPEC quota again, but oil output still trails budget target
  • Economy

Nigeria hits OPEC quota again, but oil output still trails budget target

  • September 14, 2026
  • 0

Nigeria maintained compliance with its Organization of the Petroleum Exporting Countries (OPEC) production quota for the fourth consecutive month in August 2026, as crude oil […]

Why cheap land won’t make Lagos, Abuja homes affordable—Developer
  • Economy

Why cheap land won’t make Lagos, Abuja homes affordable—Developer

  • September 13, 2026
  • 0

Cheap land on the outskirts of Lagos and Abuja will not necessarily translate to affordable homes because developers still have to absorb infrastructure, construction and […]

Petrol rises above N1,400/litre as crude oil climbs past $100 per barrel
  • Economy

Petrol rises above N1,400/litre as crude oil climbs past $100 per barrel

  • September 13, 2026
  • 0

Petrol prices have increased across major Nigerian cities, with retail outlets now selling Premium Motor Spirit (PMS) between N1,400 and N1,450 per litre. Checks by […]

Tinubu turns to BRICS for AI, digital infrastructure and critical minerals investment
  • Economy

Tinubu turns to BRICS for AI, digital infrastructure and critical minerals investment

  • September 13, 2026
  • 0

Nigeria’s President Bola Tinubu has called for deeper cooperation with BRICS countries in artificial intelligence, digital public infrastructure, fintech, telecommunications, critical minerals and advanced manufacturing, […]

NELFUND funding for nursing students jumps 14-fold to N812 million
  • Economy

NELFUND funding for nursing students jumps 14-fold to N812 million

  • September 13, 2026
  • 0

 The Nigerian Education Loan Fund (NELFUND) has increased funding for nursing and midwifery education nearly 14-fold to N811.9 million in the 2025/2026 academic session from […]

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