The Nigerian naira weakened against the United States dollar on Friday, September 18, 2026, across both the Nigerian Foreign Exchange Market (NFEM) and the parallel market. In the official market, the naira traded at about ₦1,331 per dollar, according to the latest data reported from the Central...
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Mafab Communications is seeking to transfer its key spectrum holdings to MTN Nigeria in a transaction that could end its run as one of Nigeria’s 5G operators and signal a wider reshuffling of the country’s scarce telecom spectrum. The proposed transaction covers Mafab’s 2×20 MHz ...
business
The Gabonese Government has signed an agreement with Nigerian energy infrastructure company Oilserv to develop and commercialise hydrocarbon reserves in two blocks in the country. The post Gabon signs agreement with Nigeria’s Oilserv to develop two hydrocarbon blocks appeared fir...
government
The African Democratic Congress (ADC) and the Nigeria Democratic Congress (NDC) will not participate in Saturday’s bye-election for the Kano State House of Assembly seat for Dawakin Kudu. The election, scheduled for September 19, 2026, will be contested by six candidates from si...
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Nigeria’s trade balance with Canada swung sharply into a N23.21 billion deficit in June 2026, ending a 16-month streak of consecutive monthly trade surpluses, as exports to the North American country collapsed to just N1.54 billion, a significant dip of 99.55%. The post Nigeria’s...
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The Commandant General of the Nigeria Security and Civil Defence Corps (NSCDC), Prof. Ahmed Abubakar Audi, has ordered the removal of the Niger State Commandant of the corps and directed a full-scale, transparent and unhindered investigation into the circumstances surrounding the...
business
By Tunde Oso Nigerian Bottling Company (NBC) Ltd, a member of the Coca-Cola HBC Group, has marked its 75th anniversary in Nigeria with a gala event held at the Conference Centre, Abuja. Reflecting on the company’s origin, Anastassis G. David, Chairman of Coca-Cola HBC, said: “In ...
business
•Says Fed rate hike litmus test for Nigeria’s $54.61bn reserves, FX market Chairman of the Alliance for Economic Research and Ethics, AERE, Mr. Dele Oye, has said Nigeria’s economy remains under severe strain despite attracting $10.37 billion in capital inflows, warning that the ...
News
The Nigerian Exchange (NGX) sustained its bullish momentum on Thursday, September 17, 2026, with investors gaining approximately N1.18 trillion as the market capitalization of listed equities rose to N159.9 trillion from N158.71 trillion recorded the previous trading session. The...
News
National Leader of the Nigeria Democratic Congress, NDC, Senator Seriake Dickson, has explained that he declined to join the All Progressives Congress, APC, because he did not want Nigeria to drift into a one-party state. Dickson spoke in Abuja on Thursday when the management of ...
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By Godwin Oritse The Shipping Association of Nigeria, SAN, has rejected claims that shipping companies impose double charges on importers for electronic cargo release services, saying the allegation confuses different processes and deflects attention from other cost pressures in ...
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The Senate President said the era when banks could suddenly collapse and depositors lose their money was over, attributing the development to reforms under the Tinubu administration. The post Akpabio: Banking sector now stronger, insecurity will soon end appeared first on Premium...
News
Colombia captain, Juana Ortegon has said the South Americans are now firmly focused on the clash with Nigeria following their victory over Poland. Ortegon and her teammates defeated the hosts 1-0 in a keenly contested Round of 16 encounter on Thursday. The contest was heading for...
