Emerging Markets

United Nigeria Airlines pledges N20m to fund Chinua Achebe Prize for Fiction for 10 yrs

‎United Nigeria Airlines has pledged N20 million to sponsor the prestigious annual Chinua Achebe Prize for Fiction, administered b…

TCN boosts Lagos power capacity with two transmission projects

The Transmission Company of Nigeria (TCN) has increased bulk power capacity around the Apapa corridor with the commissioning of tw…

Abuja Flooding: Wike blames scavengers as Master Plan faces review

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has linked recent flooding in Abuja to damage caused by scavenge…

NDLEA destroys 330 tonnes of illicit drugs worth N301 billion in Lagos

The National Drug Law Enforcement Agency (NDLEA) has destroyed 329,865.585 kilogrammes of assorted illicit drugs and psychotropic …

emPLE meets NAICOM recapitalisation in boost for capital strength, customer confidence

emPLE Nigeria has met the recapitalisation requirement set by the National Insurance Commission (NAICOM), reinforcing its financia…

Court orders banks, fintechs to freeze 69 accounts over alleged N1.39 billion eTranzact fraud

The Federal High Court in Abuja on Monday ordered 12 commercial banks and six fintech platforms to freeze (place on post-no-debit)…

Court orders banks, fintechs to freeze 69 accounts over alleged N1.39 billion fraud

The Federal High Court in Abuja on Monday ordered 12 commercial banks and six fintech platforms to freeze (place on post-no-debit)…

Premier League steps up policing tech with £3.42m facial recognition trial

The Premier League is funding a £3.42 million trial of live facial recognition technology at top-flight football matches in London…

MREIF Half-Year earnings reflect continued growth in affordable mortgage lending

Nigeria’s housing deficit has never posed a demand problem. Millions of Nigerians want to invest in properties and will serv…

These 15 Nigerian stocks have returned over 100% in 2026

Fifteen stocks listed on the Nigerian Exchange have delivered returns of more than 100% since the start of 2026, with the weakest …

Ecobank scraps director tenure limit, retains retirement age at 70

Ecobank Transnational Incorporated (ETI) has abolished the tenure limit for non-executive directors while retaining the mandatory …

Meta, FG partner to increase AI skills, startup innovation in Nigeria

Meta has partnered with Nigeria’s Federal Ministry of Communications, Innovation and Digital Economy (FMCIDE), the 3 Million Techn…

Food prices rise for sixth straight month as inflation eases

Nigeria’s food inflation accelerated in July, rising to 20.31 percent month-on-month from 17.52 percent in June, marking the sixth…

Nigeria gets 65% of EU’s €2.3 million cholera fund for 4 African countries

Nigeria has received €1.5 million, representing about 65% of the European Union’s €2.3 million emergency humanitarian funding for …

Insurance industry enters new phase as NIA raises expectations after recapitalisation

Nigeria’s insurance industry is entering a new phase of higher expectations following the completion of the sector-wide recapitali…

FG seeks new IATA code for Osubi Airport to reflect official name, location

The Federal Government has asked the International Air Transport Association (IATA) to review Osubi Airport’s existing three-lette…

BOA moves to close agricultural gender gap with direct input financing

The Bank of Agriculture (BOA) is working to close the gender productivity gap in Nigeria’s agricultural sector by providing target…

FG targets $100bn tourism market as 100-Day campaign opens

The federal government and digital platform MyCityApp on Monday launched a 100-day tourism campaign aimed at turning Nigeria’s ann…

World Bank unlocks $200m for Nigeria’s off-grid power as mini-grid rules change

The World Bank has tied $200 million in performance-based financing to Nigeria’s efforts to strengthen its regulatory framework fo…

Nigeria’s broadband speed jumps 155% as fibre connections triple

Nigeria’s fixed broadband speed has increased by 155%, giving the country the most consistent improvement in broadband performance…

Geregu Power appoints Mohammed Jaoji as acting CEO amid bond default concerns

Geregu Power Plc has appointed Engr. Mohammed Sani Jaoji as its Acting Chief Executive Officer, as the power generation company se…

BOA, WACOT launch sesame out-grower initiative to support 10,000 farmers

WACOT, a member of TGI Group, in partnership with the Bank of Agriculture (BOA), has launched the 2026 Sesame Outgrower read more …

Nigeria’s inflation rate drop in July strengthens case for rate cut

Nigeria’s headline inflation rate eased further in July, strengthening expectations that the Central Bank of Nigeria (CBN) could r…

Beyond population: Reasons Lagos is Nigeria’s epicentre of rental demand

In many Nigerian cities, including Lagos, Abuja, Port Harcourt, Kano, Enugu, Owerri, Onitsha, among others, demand for housing is …