Naira opens new week at ₦1,321/$ in official FX market
The naira opened the new trading week on a mixed note, exchanging at about N1,321.68 to the United States dollar on the…
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Iran attacks US naval drone near Strait of Hormuz
Iran said Sunday that its forces attacked a United States naval drone attempting to enter the Strait of Hormuz, hours after targeting…
Probe ‘diverted’ ₦78.8bn cash transfer funds, SERAP tells Tinubu
The Socio-Economic Rights and Accountability Project has urged President Bola Tinubu “to direct the Ministry of Humanitarian Affairs and Poverty Reduction, the…
SEC clears Dangote Refinery IPO ahead of landmark share sale
Nigeria’s Securities and Exchange Commission has approved Dangote Refinery’s planned initial public offering, paving the way for what could become Africa’s largest-ever…
BREAKING: Nigeria’s external reserves cross $54bn, first time in 18 years
Nigeria’s external reserves have crossed the $54 billion mark for the first time since December 2008, reaching $54.08 billion as of September…
MAN warns industrial sector suffocating despite 4.43% GDP growth
Nigeria’s 4.43 per cent economic growth recorded in the second quarter of 2026 is masking a deepening industrial crisis, with manufacturing and…
Nigerians spent ₦11.3trn on petrol in seven months – NMDPRA
Nigerians spent approximately N11.3 trillion on Premium Motor Spirit, popularly known as petrol, between January and July 2026 to power their vehicles…
ASHON urges review of Universal Insurance licence revocation
The Association of Securities Dealing Houses of Nigeria has urged regulators to urgently review the revocation of Universal Insurance Plc’s operating licence,…
GDP growth hasn’t improved workers’ lives, senior civil servants lament
The Association of Senior Civil Servants of Nigeria has said Nigerians have not experienced any tangible sign of economic growth despite the…
12 outgoing govs to leave behind ₦5.3tn debt burden — Report
Twelve state governors whose tenures will end in 2027 and early 2028 are set to leave behind a combined debt burden of…
Top 10 world’s richest people in 2026 – Forbes
Elon Musk has strengthened his position as the world’s richest person, with his fortune rebounding sharply in August to an estimated $892…
BREAKING: Uber allegedly shuts down in Nigeria after 12 years
After 12 years of operation, Uber, a global ride-hailing company, has announced plans to exit Nigeria, effective September 2. Uber announced the…