Nigeria’s economy recorded a real Gross Domestic Product (GDP) growth of 3.89% year-on-year in the first quarter of 2026, marking an improvement over the 3.13 per cent recorded in the corresponding period of 2025.
Nigeria’s external debt profile expanded significantly in 2025 as the Federal Government continued to rely on multilateral lenders, bilateral partners, and international capital markets to bridge fiscal gaps, fund infrastructure, support economic reforms, and stabilize public finances amid persistent macroeconomic pressures.
Nigerian Aviation Handling Company (NAHCO) Plc has disclosed that non-executive director Akinwumi Godson Fanimokun executed a share sale, cashing out approximately N491.2 million.
Exchange Traded Funds (ETFs) listed on the Nigerian Exchange (NGX) recorded weaker trading activity in the week ended May 22, 2026, as total transaction value fell to N815.90 million from N1.18 billion in the previous week.
Nigeria’s oil sector contributed 3.92% to the country’s total real Gross Domestic Product (GDP) in the first quarter of 2026, reflecting a slight decline from the corresponding period of 2025 despite improved growth in the sector.
The Nigeria Immigration Service has raised concerns over the growing activities of criminal networks involved in fraudulent migration schemes and irregular cross-border movements across the country, warning that vulnerable Nigerians are increasingly being lured into exploitation abroad.
Africa’s next phase of growth will not be determined only by the scale of its opportunity, but by the terms on which it can finance that opportunity. Across the continent, governments and businesses are working to build infrastructure, expand industry, create jobs, deepen digital systems, and serve a rapidly growing population. Too often, the capital […]
Against the backdrop of a challenging yet progressively stabilising macroeconomic environment, Leadway Assurance, Nigeria’s leading insurance services provider and a member of the Leadway Group, has once again demonstrated its position as the nation’s most dependable insurer, delivering a robust financial performance for the 2025 financial year. Central to the company’s 2025 performance was its […]
Axxela Limited has announced a leadership transition marking an important phase in the company’s strategic growth journey. The company confirmed the retirement of its Group Chief Executive Officer (GCEO), Timothy Ononiwu, having attained the company’s official retirement age, after nearly a decade of distinguished service. It also announced the appointment of Moshood Olajide as the […]
