The Federal High Court in Abuja on Monday sentenced two Bureau De Change (BDC) operators to five years’ imprisonment each, with an option of a […]
Category: Economy
FTSE Frontier 50 Index lists FirstHoldCo, Zenith, GTCO, Dangote Cement, Aradel, MTN as only Nigerian firms
FTSE Russell has included six Nigerian companies in its FTSE Frontier 50 Index as Nigeria prepares to return to Frontier Market status after a three-year […]
Tinubu’s $50 billion FDI pledges contrast sharply with $2.06 billion actual inflows
President Bola Ahmed Tinubu has secured over $50 billion in Foreign Direct Investment (FDI) commitments through 87 Memoranda of Understanding (MOUs) since assuming office on […]
Boeing projects 1,165 new aircraft deliveries to Africa by 2045
US aircraft manufacturer Boeing projects that African airlines will take delivery of 1,165 new commercial aircraft between 2026 and 2045 as carriers expand their fleets […]
Naira firms at N1,320/$ as NFEM turnover plunges to five-month low
Foreign exchange turnover in the Nigerian Foreign Exchange Market (NFEM) fell sharply on Monday, September 7, dropping to N107.07 million as the naira strengthened to […]
GSMA warns 6GHz spectrum delay is stalling mobile network infrastructure
The Global System for Mobile Communications Association (GSMA) has warned that delays in decisions on the 6GHz spectrum band are stalling essential mobile network infrastructure […]
DMO opens September Savings Bond, offers investors up to 15.12%
The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria, has opened its September 2026 Savings Bond offer, offering investors annual interest […]
NISO rejects DisCos’ debt repayment proposals, warns of sanctions
The Nigerian Independent System Operator (NISO) has rejected payment proposals submitted by some electricity distribution companies (DisCos) to settle their outstanding obligations to the Nigerian […]
NGX crosses N160 trillion again as market moves to reclaim August 10 highs
The Nigerian equities market extended its bullish trajectory on Monday, September 8, 2026, reclaiming the historic N160 trillion market capitalisation threshold for the first time […]
MMIA posts fastest growth in Africa in September with 470,000 seats
Lagos’ Murtala Muhammed International Airport (MMIA) recorded the fastest growth in scheduled seat capacity among Africa’s 10 largest airports in September, with 470,000 scheduled seats. […]