Business

Honda is preparing to test a charging system that could allow electric trucks to receive power without pulling off the road.

The findings were contained in the apex bank’s latest Business Expectations Survey, which showed that while firms remained concerned about several aspects of the operating environment, overall business sentiment stayed positive during the month.

Nigeria’s real Gross Domestic Product (GDP) grew by 4.43 percent year-on-year in the second quarter of 2026, up from 4.23 percent in Q2 2025 and 3.89 percent in Q1 2026.

Announced on Monday, October 5, the agreement covers 5G, artificial intelligence, computing and networking. The transaction will close after the necessary regulatory approvals, according to the company announcement.

On September 10, Seplat Energy’s shares rose by the maximum daily limit of 10 per cent, helping the NGX recover from two consecutive sessions of losses. The rally was significant enough to help lift the wider market and restore about N100.5 billion to investors’ wealth.

NIMASA’s published announcement identifies innovators aged 18–28 as its target applicants and sets November 13 as the application deadline.

The figure was disclosed in the latest quarterly report of the Nigerian Electricity Regulatory Commission (NERC), which showed that average energy offtake by the DisCos at their trading points fell to 3,197.03 megawatt-hours per hour (MWh/h) in Q2 from 3,309.48MWh/h in Q1.

The report stated that the ₦473.8 billion loan was granted to NGIC “to fund the Nigeria–Morocco Gas Pipeline cash call commitments, equity injection to AGPC, and finance the AKK Pipeline Project.”

Nigerian equities declined despite positive market breadth, while disappointing US employment figures lifted shares without delivering lasting relief for bonds or gold.

A total of 3.166 billion shares valued at N155.023 billion exchanged hands across the NGX during the week, representing a decline from the 4.689 billion shares worth N240.824 billion recorded in the previous week.