September 16, 2026
Nigeria’s $5bn Swap Deal Faces Fresh Fitch Warning Over Debt Risks
Fitch has renewed warnings over Nigeria’s $5bn Total Return Swap with First Abu Dhabi Bank, citing transparency, liquidity and debt-restructuring risks.
September 14, 2026
Dangote Refinery IPO: 4.1 Billion Shares Offered at ₦525
Dangote Refinery has launched Africa's largest IPO, offering 4.1 billion shares at ₦525 each to raise ₦2.15 trillion for expansion.
September 14, 2026
MTN Nigeria Invests ₦1.62 Trillion in Network Infrastructure as Subscriber Base Passes 100 Million
MTN Nigeria has invested about ₦1.62 trillion in network infrastructure since January 2025, as the country's demand for mobile data continues to grow and the telecom operator's subscriber base has…
September 14, 2026
NDLEA Destroys Nearly 330 Tonnes of Illicit Drugs Worth ₦301 Billion in Lagos
The scale of Nigeria's illicit drug trade came into sharp focus in Lagos when the National Drug Law Enforcement Agency destroyed nearly 330 tonnes of seized narcotic drugs and psychotropic…
September 14, 2026
Nigeria Suspends Parliamentary Engagements With South Africa Over Anti-Migrant Attack
Nigeria's National Assembly has suspended all official visits to South Africa and ordered lawmakers, committees, officials and staff to boycott South African-hosted legislative activities over continuing reports of attacks against…
September 14, 2026
Nigerian Army Reshuffles Senior Generals, Names New Commander for Operation Hadin Kai
The Nigerian Army has carried out a major reshuffle of its senior leadership, moving generals and brigadier generals into new operational, command, training and administrative positions as the military seeks…
September 14, 2026
FG Releases Eight-Month Academic Tools Allowance to Nigerian Tertiary Institutions
For months, the financial commitments made to Nigeria's university lecturers under the latest Federal Government and Academic Staff Union of Universities agreement have been closely watched by workers across the…
September 14, 2026
Nigeria Transfers Lagos Properties to Biovaccines Nigeria, Advancing Local Vaccine Manufacturing
Nigeria has taken another step toward producing vaccines locally after the Federal Government transferred the title documents of two properties in Lagos to Biovaccines Nigeria Limited, a joint venture established…
September 14, 2026
Nigeria Seeks Bigger Economic and Diplomatic Role Through BRICS Partnership
Nigeria is using its participation in the 2026 BRICS Summit in New Delhi to pursue a broader economic and diplomatic role among some of the world's largest emerging economies. Represented…
September 14, 2026
Nigerian Stocks Fall as Investors Reposition Ahead of Dangote Refinery IPO
Nigeria's stock market is entering a potentially important week with investors preparing for the opening of the Dangote Petroleum Refinery's landmark initial public offering. The Nigerian Exchange recorded a broad…