The Managing Director and Chief Executive Officer of FMDQ Group, Zeal Akaraiwe, has urged Nigerian regulators and market infrastructure institutions to develop deeper hedging markets […]
Category: Economy
Why AI success in Africa hinges on power infrastructure — Gary Chomse
As AI adoption accelerates across Africa, the infrastructure supporting it must evolve just as quickly. In this interview with Nairametrics, Gary Chomse, Regional Director for […]
FAAN plans 25-day closure of Owerri airport runway for repairs, expansion
The Federal Airports Authority of Nigeria (FAAN) has announced plans to temporarily close the runway at Sam Mbakwe International Cargo Airport in Owerri, Imo State, […]
Government debt claims 80% of new and supplementary listings on NGX
Government securities dominated new and supplementary listings on the Nigerian Exchange (NGX) in the first nine months of 2026, accounting for approximately N11.08 trillion, or […]
Lagos targets up to 3,000MW power capacity for Lekki corridor – LASERC
Lagos State has indicated that electricity capacity in the Lekki corridor could be built up to between 2,500MW and 3,000MW as development and economic activity […]
West African crude trades at biggest discount in over a decade
West African crude has traded at its biggest discount in more than a decade as soaring freight costs and weaker Asian demand put pressure on […]
Lagos turns to digital mapping to take control of its growing city
Lagos State is moving to institutionalise the use of geospatial data in managing land, infrastructure and urban development as the government grapples with the growing […]
SEC assures fintechs, digital asset firms of clear regulatory pathways
The Securities and Exchange Commission (SEC) has assured fintech and digital asset operators that it does not intend to stifle their operations, saying it is […]
FG releases eight months’ salary arrears to SSANU, averts looming strike
The Federal Government has released eight months’ salary arrears owed to members of the Senior Staff Association of Nigerian Universities (SSANU), averting an imminent strike […]
NGX sell-off wipes N1.33 trillion from investors’ wealth in one day
Negative sentiment persisted on the floor of the Nigerian Exchange Limited (NGX) on Thursday, October 8, 2026, as aggressive profit-taking and sell-offs wiped N1.33 trillion […]