News

Nigeria Returns To FTSE Frontier Index As NGX Market Capitalisation Hits ₦162.16trn

Nigeria’s equities market returned to FTSE Russell’s Frontier Market classification on Monday, September 21, bringing eligible Nigerian stocks back into the FTSE Frontier Index Series.

Oil Falls Below $102 As US-Iran Diplomacy Hopes Offset Middle East Supply Risks

Brent crude futures fell $2.16, or 2.08 percent, to $101.71 a barrel by 0213 GMT, after touching their lowest level since September 10. US West Texas Intermediate crude declined $2.15, or 2.14 percent, to $98.15 a barrel.

NDC Hit by Fresh Crisis…

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Few hours after it secured an Appeal Court judgement restoring its registration, the Nigeria Democratic Congress (NDC) has suffered a set-back as its leadership on Sunday clashed with the Obi-Kwankwaso Movement.

CBN Opens September MPC Meeting As Inflation Eases, Reserves Rise

Nigeria’s Monetary Policy Committee opens its 307th meeting on Monday, September 21, with inflation easing for a second consecutive month, gross external reserves climbing to $54.61 billion and the naira trading around ₦1,329.86 per dollar at the official market.

Nigeria Returns to FTSE Russell: The Real Test for the NGX Begins Now

Nigeria will, on Monday, September 21, return to the FTSE Russell Frontier Market universe, ending a three-year period in which its equities were excluded from the global index provider’s frontier-market classification.

Global Investors, Policymakers To Converge In Uyo For Agribusiness Summit

Global investors, policymakers, development finance institutions and agricultural industry leaders are set to converge on Uyo, Akwa Ibom State, for the 5th Agribusiness Roundtable International Conference, AGRIC 2026, scheduled for October 25 to 28, 2026.

Trump Escalates White House Press Ban, Removes CNN From Monday Pool Duty

The decision breaks with a longstanding system under which the major US television networks rotate responsibility for providing pool coverage of the president and distributing the footage to the wider press corps.

Tax Ombud Urges Financial Journalists To Scrutinise Nigeria’s Tax Reforms

Nwabueze made the call at the 36th Anniversary Conference of the Finance Correspondents Association of Nigeria in Lagos, where he spoke on the theme, “Building Taxpayer Confidence and Trust in Nigeria’s Tax Reform Agenda.”

US Secret Service Declares New York No-Drone Zone As It Tightens UNGA Security

The United States Secret Service, the federal law-enforcement and protective agency under the Department of Homeland Security, has warned members of the public against flying drones in New York City during the 81st United Nations General Assembly.

Lagos Orders Flood-Prone Residents To Relocate As NiHSA Issues Seven-Day Alert

The alert, covering September 19 to 25, 2026, places Lagos among 15 states considered vulnerable to flooding during the period, prompting the state government to intensify its preparedness measures and urge residents to take early action rather than wait for floodwaters to rise.