The Central Bank of Nigeria (CBN) says Nigeria recorded $947 million in remittance inflows through International Money Transfer Operators (IMTOs)…
China imported goods worth $2.3 billion from Nigeria- Envoy, Hongyou
China imported goods worth nearly $2.3 billion from Nigeria in the first six months of 2026, Chargé d’Affaires of the…
Zenith Bank’s 10th International Trade Seminar sets out strategies to scale Nigeria’s non-oil exports
Zenith Bank Plc hosted the 10th edition of its International Trade Seminar on Non-Oil Export on Tuesday, 25 August 2026,…
NAICOM revokes Univinsure licence as shareholders face N13.6bn loss
The National Insurance Commission (NAICOM) has revoked the operating licence of Universal Insurance Plc (Univinsure). Under NAICOM’s recapitalisation policy, Univinsure,…
Nigerian govt releases breakdown of N15.8trn savings from fuel subsidy
The President Bola Ahmed Tinubu-led administration has finally unveiled a breakdown of the N15.8 trillion in savings from fuel subsidy…
Starit of Hormuz crisis pushes Brent above $92, WTI to $85.90
Global oil prices surged sharply as attacks on vessels in the Strait of Hormuz slowed shipping in the Middle East…
ECOWAS to gift West Africa’s top startups $65,000 cash prize
The Economic Community of West African States (ECOWAS) Commission has announced a $65,000 cash prize for the top three winners…
Ferrari’s first electric car sells for $40m
Ferrari’s first-ever production electric car, the Luce, has sold for $40m (£29.5m) at auction despite a controversial reception to the…
BREAKING: Nigeria’s inflation rate drops to 15.43%
Nigeria’s inflation dropped further to 15.43 percent in July 2026, down from 15.91 percent recorded in June. The National Bureau…
Suspend dealings with financial institutions in North Korea, Iran, Myanmar- SEC to firms
Nigeria’s Securities and Exchange Commission, SEC has ordered capital market firms to suspend dealings with financial institutions in North Korea,…