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Italian divers discover 2,000-year-old Roman shipwreck

  • 9th August 2026

Spain checks 200 travellers as Italy border controls

  • 9th August 2026

NGX gains ₦237.8bn as FUGAZ banking stocks lead

  • 8th August 2026

X scraps revenue sharing, unveils original content rewards

  • 8th August 2026

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Italian divers discover 2,000-year-old Roman shipwreck

Business

FMBN launches ₦100m diaspora mortgage scheme for Nigerians in

Housing

NLC demands overhaul of Nigeria’s ‘failing’ energy sector model

Energy

Myspace seeks comeback as algorithms reshape social media

Tech

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Conferences

Poland, Nigeria to hold inaugural economic forum in Lagos

The inaugural Polish-Nigerian Economic Forum is scheduled to take place on September 11, 2025, at the Eko Hotel & Suites in Lagos, marking a significant step in strengthening bilateral trade and investment between Poland and Nigeria. The one-day forum, organized by the Polish Investment and Trade Agency in collaboration with the Embassy of the Republic […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
featured Finance

Naira rises to N1,521.46/$1 at official market

The Naira has recorded its third consecutive gain against the United States dollar at the official foreign exchange market this week. According to the Central Bank of Nigeria’s data, the Naira continued its impressive run against the dollar, appreciating to N1,521.46 on Wednesday. This represents a significant gain of N4.6 on a day-to-day basis. In […]

BDC operators reject amended CBN licensing guidelines
Finance

Naira to close 2025 at N1,585.5/$1 — Standard bank

Standard Bank has adjusted its medium-term outlook on the Nigerian naira, projecting a 3.1 per cent depreciation against the United States dollar in 2025, but at a stronger level than previously forecast. In its latest projection, seen by Nairametrics on Wednesday, the bank expects the naira to close 2025 at N1,585.5/$1, compared to its earlier […]

Nigeria requires 550,000 housing units annually to tackle shortage, says Minister
Housing

Nigerians in diaspora tap state-backed mortgage loans

Nigerians in diaspora have joined home seekers and developers to tap opportunities in mortgage loans offered by the state-backed but private sector-led Ministry of Finance Incorporated Real Estate Fund. MREIF is a home loan facility designed to tackle challenges in the housing sector by addressing both supply and demand constraints faced by developers and home […]

News

FG posts N20.59trn revenue, driven by non-oil earnings

The presidency says the federal government generated N20.59 trillion in revenue between January and August, with the non-oil sector contributing N15.69 trillion, according to a statement on Wednesday by Bayo Onanuga, special adviser to the president on information and strategy. “With N15.69 trillion collected, non-oil revenues account for three out of every four naira, showing […]

Nigeria excluded as Trump hosts African leaders in Washington
Business

Trump to host tech CEOs, business leaders at White House

President Donald Trump will host more than two dozen leading technology and business executives on Thursday at the White House’s renovated Rose Garden, the first major gathering of his second term. According to a White House official, attendees will include Meta founder Mark Zuckerberg, Apple CEO Tim Cook, Microsoft founder Bill Gates, and OpenAI founder […]

Conferences featured

Obasanjo, others to open Inter-African trade fair today

Former Nigerian President Olusegun Obasanjo, Chair of the Intra-African Trade Fair Advisory Council, will today join Algerian President Abdelmadjid Tebboune and other global leaders to officially open the 2025 edition of the Intra-African Trade Fair in Algiers, Algeria. The African Export-Import Bank, the African Union Commission, and the African Continental Free Trade Area Secretariat announced […]

Business

Nigerian firms grapple with high borrowing costs, power issues — Report

Nigerian firms have continued to grapple with limited access to credit and high cost of doing business even as the economy recovers and confidence persists for the seventh consecutive month, according to the Nigerian Economic Summit Group-Stanbic IBTC Business Confidence Monitor. According to the latest report for August, the Current Business Index rose to 107.3 […]

Business

Axa Mansard, Learn Africa lead market decline on NGX

Stocks like Axa Mansard Insurance, Learn Africa, Legend Internet, and other market decliners on Wednesday led to the stock market’s record dip by 0.45 percent. The market’s third day of negative close came after Axa Mansard Insurance, one of the major laggards dropped by 9.95 percent, from N15.98 to N14.39, losing N1.59. It was followed […]

Business

Baobab+ rebrands to Izili, targets energy poverty

Baobab+ has rebranded to Izili, marking a new phase in its expansion strategy following investment from BioLite and Norwegian development finance institution. According to the company, this announcement reaffirms its role as a last-mile distributor dedicated to extending affordable solar power and digital connectivity to underserved communities across Africa. The CEO of Izili Group, Kolawole […]

Business

Lagos attracted $6bn foreign funding for tech startups – Sanwo-Olu

Lagos State attracted over $6 billion in foreign funding for tech startups between 2019 and 2024, Governor Babajide Sanwo-Olu said on Wednesday. Speaking at the GITEX Nigeria 2025 conference in Lagos, Sanwo-Olu described the state as the “innovation nerve center” of Africa, noting it accounted for more than 70% of Nigeria’s tech investment inflows during […]

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