$55bn reserves, stronger naira and the big question: Is Nigeria finally turning the corner?
After years of currency instability, dwindling reserves and acute dollar shortages, the country is now...
Month: October 2026
Naira seen at N1,330/$ by year-end as reserves top $55bn
The naira is projected to close 2026 at around N1,330 per dollar, supported by...
FG courts power investors as 350,000 meters roll out in three months
The Federal Government is courting fresh investment in Nigeria’s electricity sector, with accelerated metering,...
Gov. Dauda Lawal Announces Governors’ Plan For National Nutrition Fund At Ethiopia Summit
The 36 state governors have declared a nationwide nutrition emergency and resolved to establish...
NBET begins N729bn debt settlement to ease power sector liquidity crisis
The Federal Government has begun settling N728.98 billion in outstanding obligations to electricity generation...
Shareholders Commend Fidelity Bank’s Strong Performance
Shareholders of Fidelity Bank Plc have lauded the Bank’s Board and Management for strengthening...
Moove exits Nigeria, transfers N35bn worth of vehicles to customers
Mobility fintech giant, Moove, has announced plans to wind down its Nigerian operations after...
NGX sheds N1.3trn as profit-taking hits market after 60% rally
Nigerian equities suffered a broad-based sell-off on Thursday as investors took profits in major...
African startups raise $260.3m as top 10 deals capture 85.5% of September funding
African startups attracted $260.3 million across 54 disclosed deals in September 2026, with the...
Oil sector local content hits 61% as Nigeria targets export-ready companies
Nigeria’s local content level in the oil and gas industry has risen from about...
