Business

Nigeria secures $155m clean energy investments

  • 26th July 2026

NGX sheds 0.19% as Presco, banks drag index

  • 25th July 2026

NPF Microfinance Bank grows profit before tax by

  • 25th July 2026

US imposes new tariffs on UK, Canada, others

  • 24th July 2026

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New Zealand hotels booked two years ahead of total

Business

Gatwick Airport water outage leaves passengers without toilets, restaurants

Aviation

Ghana to evacuate 1,000 more workers from South Africa

Transportation

Nigerians may face rice, tomato scarcity within three months

Food

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Finance

Banking, industrial stocks drag NGX lower amid selloffs

The Nigerian equities market extended its losing streak on Thursday, July 2, 2026, falling 0.61 per cent to close at 224,321.97 points, down from 225,690.07 points in the previous session. Investors lost approximately N877.91 billion in a single day. Market capitalisation declined to approximately N144.11 trillion. The year-to-date return moderated further to 44.15 per cent. […]

News

Fire guts popular herbs market in Ibadan

Traders at the popular Bode Traditional Herbs and Other Products Market, popularly known as Iso Alagbo, in the Ibadan South-West Local Government Area of Oyo State, are counting their losses following a devastating fire that swept through the market in the early hours of Friday. Traditional herbs used in the treatment of various ailments, alongside […]

Opinion

Tinubu urges ECOWAS to shift from consumption to production

President Bola Ahmed Tinubu has called on member states of the Economic Community of West African States to transform the region from a consumer market into a production-driven economic bloc capable of supporting industrialisation, trade, and sustainable growth. Nairametrics reported that the President made the call on Thursday during the inauguration of the new ECOWAS […]

Finance

Customs rake in ₦3.35tn revenue in five months

The Nigeria Customs Service generated N3.35 trillion in revenue between January and May 2026, driven by stronger trade facilitation, improved customs processing and intensified border enforcement operations across the country. Nairametrics reported that the revenue performance was disclosed on Thursday during a joint security news briefing organised by the Office of the National Security Adviser […]

Economy

Nigeria’s private sector grows for fifth straight month in June

Nigeria’s private sector sustained its growth momentum in June 2026, marking the fifth consecutive month of expansion as stronger customer demand and new product offerings continued to drive business activity. This according to the latest Stanbic IBTC Purchasing Managers’ Index. The PMI eased slightly to 53.4 in June from 54.1 in May but remained comfortably […]

Business

Parents urged to stop posting children’s photos publicly Over AI abuse risks

Parents have been advised to avoid publicly sharing photos of their children online under new guidance aimed at addressing the growing threat of AI-generated child sexual abuse material. The recommendation was issued by the UK’s National Crime Agency and the Internet Watch Foundation, which warned that many parents remain unaware of how criminals and child […]

Business

WFP seeks $89m to tackle worsening hunger crisis across Northern Nigeria

The World Food Programme says it needs $89 million over the next six months to continue providing food and nutrition assistance, alongside essential logistics support, across northern Nigeria. The appeal comes as more than 17 million people in conflict-affected states in northern Nigeria face acute hunger, with escalating insecurity, mass displacement, and funding shortfalls worsening […]

Tech

Amazon deploys enough satellites to begin LEO internet service

Amazon has reached a major milestone in the rollout of its low Earth orbit satellite internet network, announcing that it now has enough satellites in space to begin offering initial internet service later this year. The company successfully launched 29 additional satellites at about 12:30 a.m. ET on Thursday aboard a United Launch Alliance Atlas […]

featured Finance

Naira depreciates to ₦1,403/$ as market tap widens

The Naira on Thursday depreciated to N1,403 per dollar in the parallel market from N1,385 per dollar on Wednesday. Similarly, the naira depreciated to N1,371.4 per dollar in the Nigerian Foreign Exchange Market. Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the market rose to N1,371.4 per dollar […]

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