The Chartered Institute of Stockbrokers has appealed to the Federal Government to urgently implement economic reforms that will reposition Nigeria’s capital market as a key driver in achieving the country’s …
Economy
- BusinessCapital MarketEconomyFinanceGovernment PolicyINVESTMENT
- EconomyEnergyEnvironmentGOVERNMENTInfrastructureRural Development
Rural Communities Enjoy Stable Power from Mini-Grids but Pay Higher Tariffs than Band A Customers – REA
The Rural Electrification Agency (REA) has disclosed that many rural communities across Nigeria are now enjoying stable electricity supply through mini-grid projects, but some residents are paying higher tariffs than …
- AviationBusinessDiplomacyEconomyTradeTransportation
Tinubu Signs Landmark Air Service Agreement with Brazil to Boost Trade and Connectivity
President Bola Ahmed Tinubu has signed a landmark Bilateral Air Service Agreement (BASA) with Brazil, opening a new chapter in aviation, trade, and diplomatic relations between Nigeria and South America’s …
- EconomyFinanceGOVERNMENTOil & Gas
Oil-Producing States Cut Domestic Debts by N610bn with Boost from 13% Derivation Fund
Oil-producing states in Nigeria have reduced their domestic debts by about N610.84 billion between June 2023 and March 2025, largely due to record inflows from the 13 per cent derivation …
- Central BankingCurrencyEconomyFinanceForeign AffairsMarkets
Naira Dips Slightly as Weekly Forex Inflows Slow
The Nigerian naira lost a little ground in the official foreign exchange market on Monday, slipping from N1,535.03 to N1,536.42 per dollar. The minor drop, according to market analysts, was …
- BusinessConsumer AffairsEconomyNewsNigeriaTechnologyTelecommunications
Nigerians Hop Networks for Wider Reach and Better Deals
Many Nigerians are increasingly changing their mobile networks in search of better service quality and affordable packages. The trend, popularly called “network hopping,” has become more common in the telecom …
- Civil SocietyEconomyElectionsGovernancePoliticsSouthern Africa
CAMA Demands Economic Plans from Malawi Candidates
The Consumers Association of Malawi (CAMA) has challenged all presidential aspirants in the September 16, 2025, general elections to give clear and practical answers on how they will fund and …
- EconomyEnergyGovernanceInfrastructurePower Sector
NERC Hands Over Bayelsa Electricity Market to State Regulator
The Nigerian Electricity Regulatory Commission (NERC) has officially transferred regulatory oversight of the electricity market in Bayelsa State to the Bayelsa State Electricity Regulatory Agency (BYERA), marking another major step …
- BankingBusinessCapital MarketEconomyFinancial InclusionINVESTMENT
Wema Bank Surpasses Recapitalisation Target with N157bn Rights Issue
Wema Bank Plc has announced that it has successfully exceeded its recapitalisation target after raising N157bn through the first phase of its capital-raising exercise. The funds were secured from a …
- AfricaBusinessEconomyFinanceInsuranceINVESTMENT
Africa Re Records $102m Profit as Premiums Grow 15% in First Half of 2025
The African Reinsurance Corporation has reported a strong financial performance for the first half of 2025, with Gross Written Premium rising by 15.31 per cent to $644.30 million, up from …