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EU to hold emergency border talks as 50,000

  • 1st August 2026

WTO ranks Africa second in global export growth

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Berger Paints H1 pre-tax profit hits ₦1.20bn on

  • 1st August 2026

Senator Natasha urges reciprocal visa measures for South

  • 31st July 2026

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Economy

China’s economy starts 2026 strongly amid US-Israel-Iran war risks

China’s economy kicked off 2026 on a stronger note, with factory output accelerating and gains in retail sales and investment providing early positive signals to policymakers. This comes amid heightened global uncertainty from the ongoing Iran–Israel War 2026, which involves the United States, Israel, and Iran following U.S.-Israeli airstrikes that began on February 28. The […]

Transportation

ICYMI: Bolt, Uber drivers in Lagos announce three-day shutdown

The Amalgamated Union of App-Based Transporters of Nigeria, Lagos State chapter, has declared a three-day strike beginning Sunday. The action is in protest against poor working conditions and unsustainable fares on ride-hailing platforms. The union’s Public Relations Officer, Mr Steven Iwindoye, announced the strike during a news conference in Lagos on Sunday. App-based drivers have […]

Business

MTN beats expectations with higher dividend after profit rebound

MTN Group declared a dividend well above analyst expectations on Monday as Africa’s largest mobile operator returned to profit, buoyed by an easing of the currency devaluations that had battered its earnings the previous year. The Johannesburg-based company announced a payout of five rand per share for 2025, against a median analyst estimate of 3.82 […]

MTN, Banking stocks fuel NGX's bullish run
Economy

NGX, SEC review free-float rules to boost market liquidity

Nigerian regulators are reviewing free-float requirements for listed companies to boost liquidity, deepen the equity market, and attract more investors. Many of Nigeria’s largest listed firms are tightly held by controlling shareholders. This limits liquidity and increases the risk of sharp price swings. Nigeria currently requires large companies to have a minimum public shareholding of […]

Oil and Gas

Middle East war drives oil prices to new highs

Oil prices kept rising as markets opened Sunday, with both benchmarks higher as the war in the Middle East disrupts global supplies. At around 0015 GMT, the United States benchmark West Texas Intermediate was up 0.01 per cent at $98.72 a barrel, while the price of Brent, the international benchmark for oil, was up 0.6 […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
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Naira holds steady as reserves hit 13-year peak

The naira maintains a cautiously optimistic outlook this week after recent steady appreciation and a notable shift in monetary policy. Nairametrics reported that market participants are watching the Naira/United States dollar pair closely as it navigates a narrow range to signal the next significant movement. Immediate resistance levels sit between N1,395/$ and N1,400/$. The psychological […]

AfDB, ECOWAS sign $12m agreement to boost Rice production
Business

AfDB approves $5.52m grant to boost W’African tax systems

The African Development Bank Group has approved a $5.52 million grant to strengthen tax administration and boost domestic revenue mobilization in Nigeria and other West African countries. The announcement was made in a weekend statement confirming the signing of a grant agreement between the bank and the West African Tax Administration Forum. The initiative aims […]

Aviation

Dubai airport resumes operation after drone strike ignites fuel depot

Dubai International Airport resumed a restricted flight schedule on Monday morning following a drone strike on its fuel depot that sparked a fire. “Emirates expects to operate a limited schedule after 10:00hrs Dubai local time today. Unfortunately, some flights from today’s schedule have been cancelled,” the airline said in a statement on X. Flight operations […]

Oil and Gas

Brent crude hits $105 as Middle East tensions continue

Oil prices climbed further on Monday as the U.S.–Israeli conflict with Iran entered its third week, stoking concerns over global supply disruptions and keeping energy markets on edge. The escalation has intensified threats to oil infrastructure and maintained pressure on the strategically vital Strait of Hormuz, a key route for crude shipments worldwide. Brent and […]

Why Nigerian insurance is one of the lowest globally - CPPE
Business

Rising energy prices threaten survival of Nigeria’s SMEs, CPPE warns

The Centre for the Promotion of Private Enterprise has cautioned that the recent rise in energy prices could jeopardize the survival of Nigeria’s small and medium-sized enterprises if swift action is not taken. In a policy brief on Sunday, the organisation highlighted that soaring energy costs are driving up business operating expenses, threatening the sustainability […]

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