News

UN Vows To Rebuild Global Trust Amid Wars, Climate Crisis

The United Nations has renewed its push to rebuild public confidence in the multilateral system, with the incoming President of the General Assembly, Khalilur Rahman of Bangladesh, pledging to reform the organisation and make it more capable of responding to the world's mounting crises.

Air Peace Ousts Kenya Airways, Tops Africa’s Fastest-Growing Airlines With 55% Capacity Boom As Nigeria Ranks Africa’s Fastest-Growing Aviation Market

The latest September 2026 aviation data released by global aviation analytics firm, OAG, showed that Air Peace expanded its scheduled seat capacity from 229,412 seats in September 2025 to 354,804 seats in September 2026. The increase of about 125,400 seats represents a 54.7 percent year-on-year growth, the highest recorded among Africa’s leading airlines.

CBN Cracks Down On Terror Financing, Places Nigerian Banks Under Tougher Regulatory Watch

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The apex bank announced on Tuesday that terrorism financing has now been elevated to a current supervisory priority, underscoring its determination to strengthen compliance with anti-money laundering and counter-terrorism financing regulations across the financial sector.

₦2.4bn Fraud: Appeal Court Seals Ex-NEXIM Boss Orya’s Fate, Upholds 490-Year Jail Term

The Court of Appeal in Abuja has affirmed the conviction and 490-year prison sentence handed down to former Managing Director of the Nigeria Export-Import Bank (NEXIM), Robert Orya, over a ₦2.4 billion fraud.

Brent Nears $100 As Middle East Conflict Deepens Supply Fears

Brent crude futures climbed to an intraday high of $99.46 per barrel, its highest level since July 24, before easing to settle at $97.92. US West Texas Intermediate crude also rose to a six-week high, settling at $93.03 per barrel.

Dangote’s IPO Hasn’t Opened Yet, But Nigeria’s Stock Market Is Already Paying For It

Investors have started selling existing shares to make room for Africa’s biggest IPO, raising an important question for Nigeria’s capital market about how much money the Dangote deal can pull out of everything else.

Wars, Climate Crisis, Inequality Threaten World Order – Guterres Sounds Global Alarm

Guterres issued the warning in New York while opening the 81st session of the United Nations General Assembly, where he called on member states to urgently restore faith in multilateral cooperation and international institutions.

Moniepoint’s Tosin Eniolorunda to Chair Programme Investing $200,000 in African AI Startups

Selected companies will receive coaching, technology and infrastructure support, corporate connections and other resources aimed at strengthening their products and commercial traction.

NGX Plunges 1.17 Percent as 64 Stocks Decline, Market Cap Sheds N1.88tn

The ASI opened at 247,699.78 points but fell 2,897.67 points to close at 244,802.11. Similarly, market capitalisation declined by N1.879 trillion, from N160.600 trillion at the opening to N158.721 trillion at the close.

Nasarawa 2027: Ex-IGP Adamu Empowers Farmers, Unveils Food Security Agenda

Adamu, who recently emerged as the SDP governorship candidate, on Tuesday extended the empowerment initiative to communities across Nasarawa North Senatorial District, covering Akwanga, Wamba and Nasarawa Eggon Local Government Areas.