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Nigeria: Court Convicts Former Minister of Fraud

🇳🇬 Nigeria: Court Convicts Former Minister of Fraud

Nigeria macro -0.75 · 07/05/2026

Nigeria's anti-corruption enforcement arm has scored a significant judicial victory with the Federal High Court's conviction of former Minister of Pow...

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Nigerian staple prices fall as beans, garri, eggs post

🇳🇬 Nigerian staple prices fall as beans, garri, eggs post

Nigeria agriculture +0.60 · 07/05/2026

Nigeria's food inflation narrative shifted in March 2026, with the National Bureau of Statistics (NBS) recording meaningful price declines across crit...

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Nigeria Ex-Power Minister Mamman Convicted in N33.8bn

🇳🇬 Nigeria Ex-Power Minister Mamman Convicted in N33.8bn

Nigeria macro -0.85 · 07/05/2026

Nigeria's power sector faced another damaging blow this week when a Federal High Court in Abuja convicted former Minister of Power Saleh Mamman in a 1...

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10 choses à savoir sur Taiwo Oyedele, le nouveau ministre

🇳🇬 10 choses à savoir sur Taiwo Oyedele, le nouveau ministre

Nigeria finance +0.70 · 07/05/2026

Nigeria's appointment of **Taiwo Oyedele as Finance Minister** marks a pivotal shift in the nation's fiscal strategy, arriving at a moment when the co...

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Pension Fund assets grow to N29.52 trillion in March 2026

🇳🇬 Pension Fund assets grow to N29.52 trillion in March 2026

Nigeria finance +0.75 · 07/05/2026

Nigeria's pension fund assets have reached **N29.52 trillion as of March 2026**, marking a significant milestone in Africa's largest retirement saving...

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BREAKING: Court convicts ex-Power Minister, Mamman in N33

🇳🇬 BREAKING: Court convicts ex-Power Minister, Mamman in N33

Nigeria macro -0.85 · 07/05/2026

A Federal High Court in Abuja has delivered a landmark corruption verdict, convicting former Minister of Power Saleh Mamman on 12 counts of money laun...

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Businesses are suffocating under rising costs — Hayatu-Deen

🇳🇬 Businesses are suffocating under rising costs — Hayatu-Deen

Nigeria macro -0.85 · 07/05/2026

Nigeria's private sector is entering a critical juncture. As businesses report operating margins under severe pressure from escalating input costs, th...

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Kenyon International Disrupts Offshore Engineering

🇳🇬 Kenyon International Disrupts Offshore Engineering

Nigeria energy +0.85 · 07/05/2026

Nigeria's offshore oil and gas sector has entered a new technological era with Kenyon International West Africa's successful commissioning of the nati...

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Presco Plc reports N69.24 billion pre-tax profit in Q1 2026

🇳🇬 Presco Plc reports N69.24 billion pre-tax profit in Q1 2026

Nigeria agriculture +0.85 · 07/05/2026

Presco Plc, Nigeria's leading integrated palm oil producer, has delivered a commanding first-quarter performance, posting a pre-tax profit of N69.24 b...

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Naira tightens grip on US dollar, nears key N1,350/$ mark

🇳🇬 Naira tightens grip on US dollar, nears key N1,350/$ mark

Nigeria macro +0.70 · 07/05/2026

Nigeria's naira has resumed its upward momentum against the US dollar in the official foreign exchange market, signaling a potential turning point in ...

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Nigeria Banking 2025: Access Holdings Dividend Halt &

🇳🇬 Nigeria Banking 2025: Access Holdings Dividend Halt &

Nigeria finance +0.60 · 07/05/2026

Nigeria's financial sector is undergoing a strategic recalibration as two of Africa's largest conglomerates chart divergent paths to fund growth and s...

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Nigeria Fintech & Banking 2026: OPay, Access Holdings Shape

🇳🇬 Nigeria Fintech & Banking 2026: OPay, Access Holdings Shape

Nigeria finance +0.70 · 07/05/2026

Nigeria's financial services ecosystem is entering a critical inflection point in 2026, driven by strategic partnerships between fintechs and regulato...

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Fixing the real problem with Nigeria’s SIM recycling system

🇳🇬 Fixing the real problem with Nigeria’s SIM recycling system

Nigeria telecom +0.60 · 07/05/2026

Nigeria's telecommunications regulator faces mounting pressure to overhaul its SIM card reassignment framework. The House of Representatives recently ...

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Nigeria: New Power Minister Vows to Fix Grid Collapse

🇳🇬 Nigeria: New Power Minister Vows to Fix Grid Collapse

Nigeria energy +0.60 · 07/05/2026

Nigeria's incoming power minister has pledged an aggressive 100-day turnaround plan to stabilise the national grid, signalling a potential shift in ho...

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Aliko Dangote’s Group Eyes More Dollar Bond Sales to Fund

🇳🇬 Aliko Dangote’s Group Eyes More Dollar Bond Sales to Fund

Nigeria finance +0.75 · 07/05/2026

Nigeria's two heavyweight corporates—Dangote Industries and Access Holdings—are signalling a strategic shift toward international capital markets, ref...

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Price of 50kg local rice rises 20.5% to N112,000 —NBS

🇳🇬 Price of 50kg local rice rises 20.5% to N112,000 —NBS

Nigeria agriculture -0.75 · 07/05/2026

Nigeria's staple food inflation reached a critical inflection point in March 2026 as domestic rice prices accelerated sharply. According to the Nation...

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Access Holdings clarifies dividend position amid strong

🇳🇬 Access Holdings clarifies dividend position amid strong

Nigeria finance +0.65 · 07/05/2026

Access Holdings Plc, Nigeria's third-largest banking group by market capitalization, has clarified its decision to withhold dividend payments for the ...

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Nigeria Cybercrime Act 2024: New Law Sparks Investor Debate

🇳🇬 Nigeria Cybercrime Act 2024: New Law Sparks Investor Debate

Nigeria tech -0.65 · 07/05/2026

Nigeria's digital economy is at a crossroads. The Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Act 2024, signed into law on February 28, 20...

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Dollar to Naira exchange rate today, May 7, 2026

🇳🇬 Dollar to Naira exchange rate today, May 7, 2026

Nigeria macro +0.60 · 07/05/2026

The Nigerian naira posted modest appreciation against the U.S. dollar on Thursday, May 7, 2026, signaling renewed confidence in the nation's foreign e...

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Electricity workers face threats as system crumbles, Labour

🇳🇬 Electricity workers face threats as system crumbles, Labour

Nigeria energy -0.85 · 07/05/2026

Nigeria's electricity sector is in freefall, and the frontline workers keeping the lights on are sounding the alarm. The National Union of Electricity...

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