News

Nigeria’s foreign exchange market recorded a rebound in trading activity in the week ended September 25, with total turnover across the FX Spot and Derivatives markets rising 11.02 percent to $2.63bn.

The University of Oxford has retained its position as the world’s highest-ranked university for an 11th consecutive year in the Times Higher Education World University Rankings 2027, released on September 30, 2026.

The Federal Government has declared Thursday, October 1, 2026, a public holiday to mark Nigeria’s 66th Independence Anniversary.

More than 300 women-led businesses in manufacturing, agribusiness and nutrition are seeking better access to formal capital, with Alitheia Capital calling for financing structures tailored to the needs of growing enterprises.

The Federal Capital Territory Administration (FCTA) has approved the immediate renovation, rehabilitation and upgrading of all 14 general hospitals across the territory, while directing the resumption and completion of work on the long-abandoned Utako General Hospital.

Nigeria has demanded the complete elimination of nuclear weapons, warning that humanity cannot continue to depend on weapons capable of destroying civilisation as instruments of collective security.

Nigerian banks’ placements with the Central Bank of Nigeria’s Standing Deposit Facility (SDF) rose to N6.28tn on Tuesday, highlighting the substantial liquidity surplus within the banking system.

The overseas medical treatment of former Head of State, General Abdulsalami Abubakar, has sparked a fresh debate over Nigeria’s healthcare system, medical tourism and the ability of the country to provide specialised treatment for its citizens.

Nigeria’s foreign exchange position has strengthened as foreign portfolio investments, private-sector dollar inflows and diaspora remittances provide a larger share of liquidity in the market.

The Nigerian Exchange Group and the Nairobi Securities Exchange have stepped up efforts to deepen cross-border capital-market cooperation, with stakeholders from both markets exploring ways to improve connections between African exchanges.