News

France has reaffirmed its commitment to strengthening trade and investment with Nigeria, its largest trading partner in sub-Saharan Africa and the biggest recipient of French investments in West Africa. More than 100 French companies now operate in Nigeria,...

Atiku accuses Tinubu of violating the 1999 Constitution by allocating ₦22.15 billion in the 2026 Appropriation Act for the construction and renovation of 106 traditional rulers' palaces Former vice president demands full disclosure, urging the Presidency, Budget Office,...

International report documents 101 attacks on Nigerian healthcare facilities and personnel between 2023 and 2025, underscoring worsening insecurity in the sector. At least 91 health workers were kidnapped and 15 killed during the three years, while 25 abducted...

Nigeria has emerged as one of Africa's fastest growing solar markets, according to a new BloombergNEF report. Rising electricity costs and unreliable grid supply are pushing more homes and businesses to adopt solar power. Clean energy investment across...

Germany says it will increase investment in Nigeria as trade between the two countries grows by 10 per cent. Nigeria remains Germany's second-largest trading partner in Sub-Saharan Africa, with more than 100 German companies already operating in the...

• Brent crude climbed above $95 per barrel for the first time in six weeks as renewed conflict in the Middle East heightened fears of disruptions to global oil supplies. • The price rally is already affecting Nigeria, with petrol...

• Nigeria's external reserves have exceeded $52 billion, reaching their highest level in more than 17 years and surpassing the Central Bank of Nigeria's 2026 target. • Analysts attribute the milestone to higher crude oil revenues, stronger export performance and...

The Central Bank of Nigeria has directed banks to channel the gains from recapitalisation into financing productive sectors of the economy. CBN Governor Olayemi Cardoso said the regulator's focus has shifted to stronger governance, risk management and economic...

Air Peace and Etihad Airways sign strategic interline agreement, creating seamless travel connections between Nigeria, the UAE and 20 destinations across West and Central Africa. Etihad passengers will be able to book single-ticket journeys from Abu Dhabi through...

Investors lost about ₦801 billion as profit-taking in heavyweight consumer stocks dragged the NGX lower despite a positive market breadth. Cadbury and Unilever surged by 10.00 percent each, while Nestlé and BUA Foods led the day’s losers with...