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Nigeria’s current account surplus rose by 255.71% to $4.98 billion in the first quarter of 2026, from $1.40 billion in the fourth quarter of 2025, according to provisional balance of payments statistics released by the Central Bank of Nigeria (BOP).…
Read moreFormer Nigerian Minister of Petroleum Resources, Diezani Alison-Madueke, has been acquitted of all six bribery charges brought against her by UK prosecutors, bringing an end to a high-profile corruption trial that spanned several weeks in London. The post Diezani Alison-Madueke…
Read moreFormer De Beers CEO Gareth Penny has emerged as the frontrunner to acquire De Beers, the world’s largest diamond mining company. The post Former De Beers CEO Penny leads acquisition for world’s largest diamond company appeared first on Nairametrics.
Read moreSterling Financial Holdings Company Plc’s decision to consolidate its shares on a 10-for-1 basis has sparked debate among capital market stakeholders, with analysts and market operators raising concerns about the potential impact on shareholder value, liquidity, and future market performance.…
Read moreNamibia’s central bank has raised its benchmark interest rate by 25 basis points to 6.75%, marking its first rate increase in three years, while also revising its 2026 inflation forecast upward amid rising global energy costs. The post Namibia hikes…
Read moreTen years ago, when we opened the first Marketsquare store, we were driven by a simple but ambitious vision: to build a world-class retail business that understood Nigerian consumers, created value for local communities and demonstrated that an indigenous company…
Read moreThe number of forcibly displaced people in Nigeria reached 3.7 million as of April 2025, according to a new report by UNHCR Africa. The post Forcibly displaced people in Nigeria hit 3.7 million in April 2025 – Report appeared first…
Read moreThe Court of Appeal has suspended the Federal High Court, Abuja’s order deregistering the African Democratic Congress (ADC) and four other political parties over their failure to meet the constitutional requirement of securing 25 per cent of votes in the…
Read moreThe Nigerian equities market retreated on Tuesday, June 16, 2026, as a broad selloff in banking stocks — led by GTCO, Zenith Bank, UBA, and FirstHoldCo — dragged the NGX All-Share Index (ASI) lower by 0.50%, wiping N782.44 billion from…
Read moreMicrosoft has tasked Nigeria with shifting its focus from drafting artificial intelligence policies to operationalising the technology in ways that deliver measurable impact for government, industry, and society. The post Microsoft pushes Nigeria to operationalise AI for measurable impact appeared…
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