Business

India-Nigeria trade hits $9bn, rises by 26%

  • 17th August 2026

High lending rates still threaten manufacturing sector recovery

  • 17th August 2026

FG resets profit-sharing terms to attract new deep

  • 17th August 2026

Banks, fintechs file 42,082 suspicious transaction to NFIU

  • 17th August 2026

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25-year-old AI chip founder becomes Europe’s youngest self-made billionaire

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Nigeria’s headline inflation falls to 15.43% in July

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BOI raises N250bn in debut domestic bond issuance

Banking

Mystery buyers trigger bulk book orders across UK, Ireland

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Economy

South Africa’s inflation rises to 5% in June

South Africa’s annual consumer inflation rose to 5.0 per cent in June 2026 from 4.5 per cent in May, strengthening expectations that the country’s central bank could consider raising interest rates as price pressures persist. The latest inflation data was contained in a statement signed by the Statistician-General, Risenga Maluleke. The increase comes amid renewed […]

Travel

UAE records biggest passport strength improvement in two decades

The United Arab Emirates has recorded the biggest improvement in passport strength of any country over the past two decades, adding visa-free access to 153 destinations and rising from the middle of the global rankings to become one of the world’s most powerful passports. Nairametrics reported that this was disclosed in the 20th anniversary edition […]

Finance

FG hails Kano gov for committing 32% of budget to education

The Federal Government has lauded the Kano State Government for allocating 32 per cent of its budget to education. The News Agency of Nigeria reported that the Kano State Government allocated a historic N405 billion out of its N1.36 trillion proposed budget for the 2026 fiscal year to the education sector. NAN reported that this […]

Finance

Naira trades at ₦1,381.68/$ at official FX market

The naira exchanged at about N1,381.68 to the United States dollar at the Nigerian Foreign Exchange Market on Wednesday, July 22, 2026, according to official market data. The official exchange rate placed the naira at N1,381.68 per dollar in the NFEM, reflecting the prevailing market rate at the start of trading on Wednesday. In the […]

Oil and Gas

NUPRC awards 37 oil blocks to 31 companies despite ‘threats’

The Nigerian Upstream Petroleum Regulatory Commission on Tuesday declared 31 companies as winners of 37 oil and gas blocks under the 2025 Licensing Round, despite what the commission described as sustained threats and pressure mounted against members of its evaluation team before the conclusion of the exercise. The successful conclusion of the commercial bid conference […]

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Ondo gov grants automatic jobs to seven outstanding NYSC members

The Ondo State Governor, Mr Lucky Aiyedatiwa, has awarded automatic employment to seven members of the National Youths Service Corps who had served the nation in the state. The governor rewarded outstanding students, teachers and national award recipients for their exceptional performances. This was contained in a statement issued by the governor’s Chief Press Secretary, […]

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How to apply for FG’s laptops, smartphones, tablets on credit

The Federal Government’s newly launched consumer credit scheme for digital devices, the Credit for Laptops, Internet, Connectivity and Knowledge Digital Devices Programme, is now accepting applications from Nigerians seeking affordable, credit-based access to laptops, smartphones and tablets. The programme, implemented by the Nigerian Consumer Credit Corporation in partnership with the Federal Ministry of Communications, Innovation […]

Tech

Weak digital infrastructure puts essential services at risk – Report

Weak digital infrastructure is exposing several countries to the risk of widespread disruption to essential services, including banking, healthcare, border control and government operations, in the event of a major internet outage, a new study by data infrastructure provider TRG Datacentres has found. The July 2026 report evaluated nearly 100 countries with populations of more […]

Aviation

NCAA unveils committee to lead sustainable aviation fuel development

The Nigeria Civil Aviation Authority has inaugurated a seven-member National High-Level Sustainable Aviation Fuel Steering Committee as part of efforts to position Nigeria at the forefront of Africa’s transition to greener aviation. The committee was inaugurated on Monday at the International Conference Centre in Abuja during an event organised by the NCAA in collaboration with […]

Business

PenCom plans dedicated revenue streams for state pension bureaus

The National Pension Commission has unveiled plans to create dedicated revenue streams for state pension bureaus as part of efforts to strengthen pension compliance across the country. The initiative is designed to incentivise state governments to fully adopt and implement the Contributory Pension Scheme. The Director-General of PenCom, Omolola Oloworaran, disclosed this on Tuesday in […]

Business

NRS urges businesses to adapt as phased e-invoicing implementation begins

Businesses will need to upgrade their tax and accounting systems as Nigeria transitions to a digital tax administration regime driven by electronic invoicing, the Nigeria Revenue Service has said. The e-invoicing framework is being introduced in phases to improve transaction visibility, curb revenue leakages and strengthen tax compliance by giving authorities access to more accurate […]

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FG deploys N501bn to settle power sector debts

The Federal Government on Tuesday said it had met all obligations under the first tranche of its power sector debt financing programme, revealing that about N501bn had been deployed to settle part of the long-standing legacy debts owed to electricity generation companies and that the first bond coupon was paid on schedule. The government said […]

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