Naira could appreciate to N1,100/$ in 2026—Dangote
Aliko Dangote, chairman of the Dangote Group, has predicted a significant strengthening of the naira, saying the currency could reach N1,100 to a dollar this year. Dangote spoke on Tuesday…
EXPLAINER: Will VARA be a shot in the arm for Nigeria’s digital economy?
The federal government is working on a new policy that will reshape how Nigerians interact with virtual assets—cryptocurrency, stablecoins and digital tokens. The new Virtual Asset Regulatory (VAR) framework is…
John Owan Enoh, Minister of State for Industry
FG launches plan to revive dormant factories, recapitalise BOI
The federal government has announced a new industrial policy aimed at revitalising inactive firms, strengthening local production, and repositioning the country as a competitive industrial powerhouse. The framework was revealed…
AU Executive Council grants Nigeria permanent seat on African Central Bank Board
Nigeria has secured a permanent seat on the Board of the African Central Bank following deliberations at the 39th Session of the Executive Council of the African Union (AU), according…
Dangote slashes ex-depot petrol price to N774 per litre
Dangote Petroleum Refinery says it has reduced the old-gantry price of its premium motor spirit, or fuel, to N774 per litre. According to a statement issued on Tuesday, the refinery…
BoI gets CBN approval to offer non-interest banking services
The Bank of Industry (BoI) announced that it has gained regulatory license from the Central Bank of Nigeria (CBN) to operate a Non-Interest Banking (NIB) Window, marking a significant milestone…
Tinubu receives new tax Ombudsman amid revenue reforms
President Bola Ahmed Tinubu on Wednesday received Nigeria’s newly appointed Tax Ombudsman, John Nwabueze, at the State House in Abuja to mark the formal commencement of an oversight office created…
Nigeria to overtake Algeria as Africa’s third-largest economy in 2026 – IMF
Nigeria was Africa's fourth-largest economy in 2025, but is expected to rise to third place by 2026, according to International Monetary Fund (IMF) figures. According to statistics from the IMF's…
Meet Nigerian founders in Afreximbank’s flagship startup accelerator cohort
Nigerian-led startups were prominently represented among the eight finalists announced by the African Export-Import Bank (Afreximbank) for its inaugural Flagship Accelerator Programme, a three-month initiative designed to scale innovations that…
Abuja airport official accuses ValueJet Airlines of misinformation
A senior official of the Nnamdi Azikiwe International Airport has accused ValueJet Airlines of peddling false information regarding a recent incident at the airport, in which a naval officer was…
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