🇳🇬 Foreign borrowing rises as 32 states, FCT got nearly $1
Nigeria's subnational debt burden deepened significantly in 2025 as 32 states and the Federal Capital Territory collectively accumulated **$944.12 mil...
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4,171 articles
🇳🇬 👨🏿🚀TechCabal Daily – OPay eyes US IPO
OPay, one of Africa's most valuable fintech startups, is actively pursuing a US initial public offering (IPO), signaling a major inflection point for ...
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🇳🇬 Stock investors reap N26.5trn in April, market cap hits
The Nigerian Exchange Limited (NGX) delivered a stellar April 2026, as institutional investors captured nearly N26.5 trillion in gains, propelling the...
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🇳🇬 Strengthen governance or face regulatory action, CBN warns
Nigeria's financial system is at an inflection point. Central Bank Governor Olayemi Cardoso has issued an explicit ultimatum to bank directors: streng...
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🇳🇬 Nigeria: Atiku Raises Alarm Over Falling Reserves,
Nigeria's external reserves are contracting despite a reported ₦5 trillion oil windfall—a contradiction that raises urgent questions about fiscal tran...
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🇳🇬 Inside Wimbart at 10: Jessica Hope on telling Africa’s tech
Africa's technology sector has exploded in the past decade—but few have shaped how that story gets told quite like Jessica Hope. On the tenth annivers...
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🇳🇬 Dangote slams false claims on refinery financing, ‘rift’
Dangote Group has publicly refuted allegations suggesting internal discord between President Aliko Dangote and Heirs Holdings founder Tony Elumelu reg...
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🇳🇬 Labour hints at shift to inflation-linked minimum wage
Nigeria's organised labour movement is signalling a fundamental restructuring of how the country approaches minimum wage negotiations, moving away fro...
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🇳🇬 Nestoil’s ‘bad debt’ triggers dividend freeze for 3 major
Nigeria's banking sector has entered uncharted territory as a $2 billion non-performing loan (NPL) from Nestoil Limited—one of Africa's largest indige...
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🇳🇬 Manufacturing VAT Surges 46% to N1.17 Trillion in Nigeria
Nigeria's manufacturing sector delivered a robust fiscal performance in 2025, with Value Added Tax (VAT) contributions climbing to **N1.17 trillion**—...
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🇳🇬 African travel to US declines sharply, with Nigeria,
African travel to the United States has contracted sharply in 2025, with Nigeria and Zimbabwe among the hardest-hit nations, signaling a broader shift...
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🇳🇬 Attacks: NRC seeks community support for train protection
Nigeria's critical Abuja–Kaduna railway corridor is under siege. The Nigerian Railway Corporation (NRC) has publicly acknowledged a surge in coordinat...
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🇳🇬 OPEC+ increases oil production quota to stabilize market
** The Organization of the Petroleum Exporting Countries and its allies (OPEC+) have signaled a significant shift in production strategy by increasin...
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🇳🇬 Polysmart's $60M Recycling Facility Signals Nigeria's
Nigeria's industrial sector is experiencing a quiet but significant transformation, and **Polysmart Packaging Group's ₦13 billion expansion represents...
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🇳🇬 Atiku warns Tinubu against squandering oil windfall,
Nigeria's oil windfall presents both opportunity and peril. Former Vice President Atiku Abubakar has escalated criticism of President Tinubu's economi...
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🇳🇬 Meet the most influential business owners from Southwest
Southwest Nigeria—home to Lagos, Africa's largest financial hub—remains the epicenter of entrepreneurial dominance in West Africa. The region generate...
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🇳🇬 Jigawa, Kano, Katsina lead out-of-school crisis — UNICEF
Nigeria faces an acute educational emergency as over 10 million children remain out of school, with three northern states—Jigawa, Kano, and Katsina—ac...
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🇳🇬 Uyo int’l flights to spur jobs, investment – Keyamo
Nigeria's aviation sector is entering a new phase. The commencement of international flight operations at Victor Attah International Airport in Uyo, A...
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🇳🇬 Nigeria’s powerful oil unions challenge Dangote refinery
Nigeria's oil unions are escalating pressure on the Dangote Refinery, Africa's largest crude processor, in a dispute that threatens to disrupt the con...
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🇳🇬 Nigeria’s Okonjo-Iweala brings Africa a step closer to WTO
Nigeria's former Finance Minister Ngozi Okonjo-Iweala has become a defining voice in shaping Africa's position within the World Trade Organization—a m...
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