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NCC, REA partner to cut digital infrastructure costs

  • 29th July 2026

NLNG hits $150bn revenue as global LNG exports

  • 29th July 2026

AVA Capital to list on NGX by introduction

  • 29th July 2026

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NCC, REA partner to cut digital infrastructure costs

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NLNG hits $150bn revenue as global LNG exports exceed

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South African investors show interest in Dangote Refinery plans

South Africa’s leading pension and investment institutions are exploring potential investment opportunities in the Dangote Petroleum Refinery and Petrochemicals following a high-level visit to the facility. According to a company statement on Tuesday, delegates from the South African Government Employees Pension Fund, the Public Investment Corporation, and Alterra Capital Partners visited the Dangote Petroleum Refinery […]

Dangote names Lekki refinery road after Wigwe
Business

Dangote begins work on 10,000-hectare deep seaport in Ogun

Dangote Industries Limited has begun preliminary steps toward developing a 10,000-hectare deep seaport at the Olokola Free Trade Zone in Ogun State, as part of its wider push into maritime infrastructure, logistics, and export-led industrial development. The company said the multi-billion-dollar project aligns with its Vision 2030 strategy, which aims to establish the group as […]

Policy and Regulations

NRS warns tax leakages threaten ₦40tn revenue target

The Nigeria Revenue Service has warned that persistent tax leakages, delayed remittances and weak compliance by some government institutions and sub-national entities could threaten its target of generating about N40tn in revenue for the federation in 2026. Nairametrics reported that the agency raised the concern on Tuesday at the National Workshop on Strengthening Tax Compliance […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
Finance

CBN offers ₦650bn treasury bills auction on Wednesday

The Central Bank of Nigeria is offering N650 billion for auction at the Nigerian Treasury Bills auction scheduled for Wednesday, May 20, 2026, marking the second issuance for the month in line with the Federal Government’s second-quarter borrowing calendar. The planned auction was disclosed in an official tender notice issued by the apex bank on […]

featured Travel

Togo scraps visa requirements for all African passport holders

The government of Togo has announced the elimination of entry visa requirements for all African citizens holding valid national passports, in a move aimed at deepening continental integration and easing movement across Africa. Nairametrics reported that the decision was announced on Monday, May 18, 2026, through an official communiqué issued by the country’s Ministry of […]

Business

FG moves to revive cotton textile industry, create 1.5 million jobs

The Federal Government has intensified efforts to revive Nigeria’s Cotton, Textile and Garment, industry, following a 95 per cent decline in the country’s cotton production from about 200,000 metric tonnes in 2001 to roughly 10,000 metric tonnes in 2025. According to Vanguard, the minister of State for Industry, Senator John Enoh, disclosed this at the […]

featured Finance

Naira depreciates slightly against dollar at official, parallel FX markets

The naira recorded a slight depreciation against the United States dollar across both the official Nigerian Foreign Exchange Market and the parallel market on Tuesday, May 19, 2026, amid continued demand pressures in the foreign exchange market. Data published by the Central Bank of Nigeria showed that the naira traded at about ₦1,373.5 per dollar […]

Finance

Nigeria’s diaspora remittances stabilise at $21.8bn in 2025

Diaspora remittances into Nigeria stabilised at $21.8 billion in 2025 despite mounting global economic pressures, tighter immigration policies in major economies and rising transfer costs across Sub-Saharan Africa. Vanguard reported that according to data from the Central Bank of Nigeria Quarterly Statistical Bulletin for fourth quarter 2025 showed that remittance inflows stood at $21.806 billion […]

Sugar price hits N835,400 per tonne
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Sugar industry can create one million jobs, curb insecurity — NSDC

The Executive Secretary/CEO of the National Sugar Development Council, Mr. Kamar Bakrin, has said that developing Nigeria’s sugar industry could significantly address unemployment, insecurity and rural community underdevelopment by creating massive jobs and attracting investments to rural communities. Bakrin stated this during a strategic meeting between the NSDC and the Nigeria Customs Service at the […]

Business featured

West, Central Africa commit $27bn to port projects for trade growth

Nigerian and other countries in West and Central Africa have committed over $27 billion to port infrastructure expansion projects aimed at strengthening regional trade integration, improving maritime logistics and driving economic growth across the sub-region. Vanguard reported that the Managing Director of the Nigerian Ports Authority, Dr. Abubakar Dantsoho, disclosed this on Monday during the […]

Pension funds climb by 22% to N18tn - NAICOM
Business

NAICOM tasks insurers on shift to customer-centric insurance model

The National Insurance Commission has called on insurers to transition from a product-centric approach to a customer-centric model. Commissioner for Insurance, Mr. Olusegun Ayo Omosehin, made this call at the opening ceremony of the Insurance Week 2026, according to Vanguard. He explained that the customer-centric model entails actively involving clients in the product development process, […]

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