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BOI to channel 80% large enterprise loans towards

  • 16th August 2026

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

  • 15th August 2026

PwC flags gaps in new NRS virtual asset

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

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Apple unveils new commission rates for external app payments

Tech

BOI to channel 80% large enterprise loans towards priority

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NCAA to make RFID baggage tracking mandatory at airports

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RMAFC completes review of Nigeria’s revenue allocation formula

Finance

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Business

Nigeria secures $155m clean energy investments

Nigeria has secured $155m in clean energy investments as the Rural Electrification Agency steps up efforts to position the country as Africa’s renewable energy hub and a centre for knowledge sharing across the continent. The Managing Director of the REA, Abba Aliyu, disclosed this in a statement on Friday, saying the investments reflected growing international […]

Appointments

New Nigerian High Commissioner to India assumes office

Nigeria’s High Commissioner to India, Saidu Muhammad, has assumed office in New Delhi. He formally took up the position on Thursday, days after his arrival in India with his spouse, Rukayya Muhammad. According to a statement made available to The PUNCH on Saturday, Muhammad was received at the Indira Gandhi International Airport by officials of […]

Finance

DMO cuts Q3 2026 bond issuance target to ₦4.6trn

The Debt Management Office has revised its Q3 2026 FGN Bond Issuance Calendar, lowering the quarter’s indicative total planned issuance to a range of N3.4 trillion–N4.6 trillion, down from the N4.2 trillion–N5.1 trillion originally scheduled. This is according to an analysis of the original and revised Q3 2026 FGN Bond issuance calendars published by the […]

Helth

NCDC reports 229 Lassa Fever deaths, 973 infections as cases rise

The Nigeria Centre for Disease Control and Prevention has reported a renewed increase in confirmed Lassa fever infections after a brief decline, with cumulative cases rising to 963 and deaths reaching 229 in 2026. This is according to the agency’s latest Lassa Fever Situation Report released on Friday. Confirmed cases fell from 31 in epidemiological […]

News

US Mission in Nigeria opens job vacancies for chef, others

The United States Mission Nigeria has opened applications for new job vacancies, including positions for a Vegetarian Chef, Procurement Agent, Surveillance Detection Coordinator and Emerging Voices Exchanges Coordinator. The announcement was made through its official channels, including its X account, with interested candidates directed to its Job Opportunities page and Electronic Recruitment Application (ERA) portal […]

Investment

Israel secures funding for fifth iFAIR innovation fellowship cohort

Israel has announced secured funding for the fifth edition of the Innovation Fellowship for Aspiring Inventors and Researchers, with the programme set to launch in October to empower and support Nigerian innovators. Israeli Ambassador to Nigeria, Michael Freeman, made the announcement on Saturday in Abuja at the closing ceremony and innovation showcase of the fourth […]

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Nigeria’s digital fraud losses fall 50% to ₦25.85bn

Nigeria’s reported digital payment fraud losses declined by more than 50 per cent to N25.85 billion in 2025 from N52.26 billion in 2024, but fraud attacks are becoming more targeted, sophisticated and costly. This is according to a new industry report unveiled by compliance technology firm Adhere on Friday, July 24, 2026. The report, The […]

Agribusiness

Agribusiness firm urges increased investment in Africa’s agric value chains

An agribusiness firm, Davidorlah Nigeria Limited, has called for increased investment in Africa’s agricultural value chains, saying strategic financing and infrastructure development are critical to driving economic growth and improving food security across the continent. The Managing Director and Chief Executive Officer of the company, Segun Alabi, made the call while speaking at the Africa […]

Business

NGX sheds 0.19% as Presco, banks drag index

The Nigerian equities market closed lower on Friday, July 24, 2026, reversing the previous session’s gains as profit-taking in Presco Plc, banking and other large-cap stocks outweighed broad-based buying interest across the market. The benchmark NGX All-Share Index declined 0.19 per cent to close at 247,357.40 points, down from 247,831.40 points at Thursday’s close. Market […]

featured Finance

Oyedele inaugurates committee to draft new VAT order

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has inaugurated an Inter-Ministerial Committee to develop a new Value Added Tax Modification Order 2026 to support the implementation of Nigeria’s recently enacted Tax Reform Acts. According to a statement from the Finance Ministry, the committee, inaugurated on Friday in Abuja, has been […]

Business

NPF Microfinance Bank grows profit before tax by 7.70%

NPF Microfinance Bank Plc has posted a profit before tax of N3.20 billion for the six months ended June 30, 2026, representing an increase of 7.70 per cent from N2.97 billion recorded in the corresponding period of 2025. According to the unaudited financial statements filed with the Nigerian Exchange on July 24, 2026, the bank’s […]

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