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President Bola Ahmed Tinubu, GCFR, has reaffirmed his administration’s commitment to leveraging Nigeria’s capital market as a strategic engine for economic transformation, enterprise growth and long-term capital formation, while announcing plans to reform and list the Nigerian National Petroleum Company…
Read moreAfrica’s startup funding activity slowed sharply in July 2026, with 47 startups raising a combined $102.2 million across disclosed deals. Data compiled by Nairametrics shows that the funding landscape remained heavily concentrated, as the top 10 funded startups attracted $88.85…
Read moreThe Nigerian naira experienced a relatively narrow and steady trading session this week, starting the final day at around N1,366.5/$ at the Nigerian foreign exchange market The post Naira holds firm at N1,367/$ as CBN keeps dollar in check appeared…
Read moreFor Nigerians, whose passport provides visa-free access to only about 44 countries, most of them within Africa, the prospect of gaining access to more than 140 countries and territories has fuelled growing interest among entrepreneurs, investors, and affluent families seeking…
Read moreNigeria and Canada have signed an expanded Air Transport Agreement that paves the way for direct scheduled passenger and cargo flights between both countries for the first time, with each side permitted to operate up to 14 weekly passenger flights.…
Read moreThe Nigeria Civil Aviation Authority (NCAA) has opposed the proposed review of the allocation of the 5% Ticket Sales Charge (TSC) and Cargo Sales Charge (CSC), warning that reducing its statutory funding could weaken aviation safety oversight in Nigeria. The…
Read moreDemand for corporate and secured loans increased in the second quarter of 2026 as Nigerian banks expanded credit availability and recorded lower default rates across major lending categories, according to the Central Bank of Nigeria (CBN). The post CBN: Loan…
Read moreProfit rises by 22% Total revenue grows to N35.4b in six months West Africa’s leading aviation handling and logistics group, Nigerian Aviation Handling Company (NAHCO) Plc sustained its impressive growth trend with a 22 per cent growth in profit in…
Read moreEleven oil-producing states shared N321.90 billion in the first quarter of 2026 under Nigeria’s 13% derivation formula with six states of the Niger Delta gulping nearly 90% share of the oil-producing states’ allocation in the three-month period ended March 31,…
Read moreNigeria’s private sector maintained its expansionary momentum in July 2026, with the Central Bank of Nigeria (CBN) Purchasing Managers’ Index (PMI) rising to 51.1 points, supported by continued growth in the Agriculture and Services sectors. The post PMI: Agriculture records…
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