At the Nigeria Sovereign Investment Authority (“NSIA” or “the Authority”), the mandate to deploy patient capital is anchored in a clear objective: to invest in sectors capable of delivering both long-term commercial returns and measurable national impact. Few sectors embody this ...
For small businesses and local investors, the useful questions are simpler. Is this good for Nigeria? Will it help a shop in Aba or a processor in Kaduna in any real way? The post Moody’s turns positive on Nigeria: What it means for SMEs and investors appeared first on Nairametri...
Nigerian Exchange Limited (NGX) ended August on a positive note, with the All-Share Index (ASI) gaining 1.20 per cent on the final trading day to close the month with a year-to-date return of 56.93 per cent, despite profit-taking and portfolio rebalancing that characterised tradi...
Nigerian stocks mounted an aggressive recovery toward the end of the month, reversing a two-week slide after significant volatility in Open Market Operations (OMO), as the bourse continued to swing on renewed interest following sustained dips engineered by OMO variations. The pos...
ANTP says its immediate past president is stable and recuperating after an operation, but did not disclose the condition that necessitated the procedure. The post Baba Elesho undergoes surgery, dismisses cancer speculations appeared first on Premium Times Nigeria ....
Shortlet operators in Lagos may face increasing pressure as more properties enter the market, making scale, cost management and marketing important to remaining competitive, according to Temidayo Oloyede, Co-founder and CEO of Edala Development. The post Lagos shortlet boom puts ...
Jama’atu Nasril Islam (JNI) in Plateau State dismissed reports that a Muslim organisation was planning to establish a Hisbah organisation in Jos North Local Government Area The post JNI debunks alleged plan to establish Hisbah in Plateau appeared first on Premium Times Nigeria ....
Nigeria’s electricity, gas, steam and air-conditioning supply sector contracted for the second consecutive quarter in 2026, shrinking by 10.63% year-on-year in real terms in Q2. The post Nigeria’s power sector shrinks 10.63%, contracts for second straight quarter appeared first o...
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.
Plateau State is among eight states in northern Nigeria supporting a proposed $500 million additional financing for the Agro-Climatic Resili…
By Olasunkanmi Akoni The Lagos State chapter of the All Progressives Congress (APC) has challenged opposition parties criticising the Federa…
As Nigeria struggles to turn its agricultural wealth into industrial growth and jobs, agribusiness leaders are targeting investment, process…
Former Vice-President Atiku Abubakar questions the timing and effectiveness of the federal government's proposed 30-day petrol discount, say…
The Infrastructure Concession Regulatory Commission (ICRC) has warned stakeholders that the $1.3 billion, 700-megawatt Zungeru Hydropower Pr…
Nigeria’s 36 states recorded a 93 per cent increase in revenue between 2023 and 2025, but education’s share of total expenditure declined, t…
The suspension came days after the university increased fees for students, which sharply raised what undergraduates pay. The post Nigerian u…
Barcelona have joined Arsenal and Chelsea in the hunt for Italian-Nigerian midfielder Justin Ehikioya Ejodamen. Ejodamen, who currently play…
Nigeria plans to adopt Ethiopia’s large-scale mechanised farming model to boost agricultural productivity, achieve food self-sufficiency and…
Vatar Inc., the company behind the viral Nigerian browser game Lagos Life, has closed a $500,000 angel round at a $10 million valuation thre…
By Dayo Johnson, Akure Ondo State Governor, Lucky Aiyedatiwa, has said the late former governor of the state, Arakunrin Oluwarotimi Akeredol…
Nigerian singer, Zlatan Ibile, has announced October 24, 2026, as his wedding date with his longtime partner, Davita Lamai. He released a pr…
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