Business

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

  • 15th August 2026

PwC flags gaps in new NRS virtual asset

  • 15th August 2026

Nigeria’s exports to China jump 80% to $2.3bn

  • 15th August 2026

Anthropic revenue soars 1,360% ahead of planned IPO

  • 15th August 2026

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NCAA to make RFID baggage tracking mandatory at airports

Aviation featured

RMAFC completes review of Nigeria’s revenue allocation formula

Finance

BRICS explores merging payment systems to cut transaction costs

Finance

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

Business

Blog

featured Ports and Airports

FG hasn’t abandoned Eastern Ports infrastructure, NPA assures stakeholders

The Nigerian Ports Authority has dismissed claims that the Eastern Ports have been neglected, saying the Federal Government is investing in infrastructure upgrades to restore their competitiveness and attract more cargo traffic. Vanguard reported that the Manager of the Rivers Port Complex, Kenechi Okaeze, gave the assurance during an interactive session with members of the […]

Business

NAICOM completes 12-month insurance recapitalisation exercise

The National Insurance Commission has announced the successful conclusion of Nigeria’s 12-month insurance sector recapitalisation programme, describing the milestone as the start of “a new era for the country’s insurance industry.” Conducted under Section 15 and other relevant provisions of the Nigerian Insurance Industry Reform Act (NIIRA) 2025, which was signed into law by President […]

featured Opinion

Reforms alone not enough, CFG advisory CEO warns FG

Nigeria requires a coordinated industrial growth strategy that goes beyond macroeconomic reforms to unlock investment in the manufacturing sector and accelerate economic expansion. This is according to the Chief Executive Officer of CFG Advisory, Mr. Tilewa Adebajo, who spoke in an interview on CNBC Africa. He noted that reforms such as exchange rate liberalisation and […]

Conferences

Shettima arrives Asaba for Delta investment summit

Vice President Kashim Shettima arrived in Asaba, the Delta State capital, on Sunday to attend the State Economic and Investment Summit, scheduled for Monday. The News Agency of Nigeria reported that the summit is a strategic platform for economic transformation, deepening investor confidence, fostering partnerships and attracting local and foreign direct investments. Shettima is billed […]

News

Guinea opts out of ECOWAS single currency plan

Guinea has become the first member of the Economic Community of West African States to formally opt out of the planned West African single currency, the eco, opting instead to retain its national currency, the Guinean franc. The decision comes as the regional bloc moves toward a phased rollout of the monetary union, scheduled to […]

Economy

W’Africa needs $100bn annually to meet developmental goals — AfDB

West Africa needs between $90 billion and $100 billion annually to meet its development goals, yet the region continues to struggle with poorly mobilised, fragmented and misallocated capital rather than a genuine shortage of funds, according to the African Development Bank (AfDB). Nairametrics reported that the bank gave the warning in its West Africa Economic […]

featured Oil and Gas

OPEC+ raises output again as Nigeria beats quota

OPEC+ has approved a 188,000 barrels per day increase in oil production quotas for September. This marks the fourth consecutive monthly output hike as the producer group continues unwinding supply cuts introduced in 2023. Nairametrics reported that the decision was announced on Sunday following a virtual meeting involving seven key members led by Saudi Arabia […]

Business

US urges Americans to leave Middle-East as Iran tensions escalate

Several United States embassies across the Middle East on Saturday urged American citizens to remain vigilant and prepare for possible flight disruptions as tensions between Washington and Tehran continue to escalate. The U.S. embassies in Iraq, Jordan and the United Arab Emirates advised Americans to consider leaving the region immediately or be ready to depart […]

Business

Fire erupts at Federal Mortgage Bank headquarters

A fire broke out at the headquarters of the Federal Mortgage Bank of Nigeria in Abuja on Saturday, engulfing parts of the building. The fire reportedly started on the fourth floor of the bank’s headquarters, located opposite the Central Bank of Nigeria, before spreading across the upper floors of the structure. A Facebook user, Praises […]

Entertainment featured

Spider-Man makes ₦120.4m, sets new Nigerian box office preview record

Spider-Man: Brand New Day has recorded the highest preview-night earnings in the history of the Nigerian box office, pulling in N120.4 million before its official nationwide release. Data from Film Intelligence showed that the Marvel Studios and Sony Pictures superhero film broke the previous preview screening record, a sign of how strongly Hollywood franchise films […]

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