NSIA Insurance Ltd. has announced plans to operate exclusively as a non-life insurance company following the transfer of its life insurance portfolio to CHI Life Assurance Ltd. The post NSIA Insurance exits life business, transfers portfolio to CHI Life appeared first on Nairamet...
Nigeria’s textile, apparel and footwear subsector contracted for the ninth consecutive quarter in Q2 2026, declining by 1.23% year-on-year in real terms, according to the latest Gross Domestic Product (GDP) report released by the National Bureau of Statistics (NBS). The post Nige...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that the $300 helicopter levy per landing for air navigational services remains applicable to upstream petroleum operations, while the Terminal Navigational Charge (TNC) does not apply to landings at priv...
Nigeria’s stock market sustained a renewed rally on Monday, August 31, 2026, with N1.91 trillion in gains, extending gains from previous sessions and closing the month of August with a minimal loss of about -0.4%. The post Nigerian equities extend rally, gain N1.91 trillion as ET...
Nigeria’s oil refining sector recorded its strongest quarterly growth in expanding by 43.94% year-on-year in the second quarter of 2026, as rising output from the Dangote Petroleum Refinery continued to lift domestic refining activity. The post Dangote refinery drives oil refinin...
The Federal High Court in Abuja on Monday lifted freezing orders (Post-No-Debit) made against the bank accounts of four defendants linked to an alleged N21 billion system glitch in 2023 while faulting the police. The post Court unfreezes ‘4 accounts’ linked to N21 billion system ...
The Federal Government has launched the "Hire from Nigeria" campaign to market Nigeria's skilled workforce to global employers, targeting one million export-linked jobs over five years and positioning the country as a major hub for talent and services exports. The post FG launche...
Gas Group Plc, has announced plans to pursue a listing on the Main Board of Nigerian Exchange Limited (NGX) aimed at strengthening its corporate governance, enhance its visibility within Nigeria’s capital market and establish a platform for financing its next phase of growth. Thi...
Allawee, a Nigerian card-issuing fintech, will close its business and personal account services on December 1, 2026, after Paystack acquired the company in 2025 in a deal that was not publicly announced, according to emails sent to Allawee customers. In two emails seen by TechCab...
This is Follow the Money , our weekly series that unpacks the earnings, business, and scaling strategies of African fintechs, financial institutions, companies, and governments. A new edition drops every Monday. When you buy cryptocurrencies such as Bitcoin or Ether on a local ex...
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Recent coverage curated from local and regional sources.
The United States Consulate in Lagos says it is actively working to facilitate technology and investment partnerships between Nigerian entre…
Trading on the Nigerian Exchange Limited (NGX) on Wednesday, reversed earlier gains with the equities market closing marginally lower as los…
Currency held outside Nigerian banks fell to N4.8 trillion in July 2026, its lowest level since November 2025, as the amount of cash circula…
By Emmanuel Iheaka The Igbo Heroes and Icons Foundation, IHIF, has called on the opposition parties’ committee to adopt the presidential can…
Stay informed with Nigeria’s top stories: states’ N5.3tn debt, INEC’s AI disinformation fears, N300k minimum wage demand, and Wike’s 2027 el…
Bolt, the Estonian ride-hailing company, says it will stay in Nigeria and continue investing after rival Uber’s suprising exit. In a stateme…
By Evelyn Usman LAGOS — Ahead of the 2027 general elections, the General Officer Commanding, GOC, 81 Division, Nigerian Army, Major General …
A US-based political advisory and lobbying firm, Von Batten-Montague-York, says it has reported to the United States Department of Justice, …
Nigeria’s overall economic activity expanded for the third consecutive month in August 2026, with the Composite Purchasing Managers’ Index (…
•As DISCOs meter 308,106 Nigerians in 2 months By Ediri Ejoh The Nigerian Electricity Regulatory Commission, NERC, yesterday said the Electr…
As campaign activities for the 2027 general elections get underway, clerics and politicians have quickly resorted to old rhetoric and tricks…
By Elizabeth Adegbesan Credit to the private sector declined month-on-month (MoM) by 15.3 percent to N33.9 trillion in July 2026 from N40.03…
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