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business News

Burkina Faso proposes bilateral talks with Nigeria to reset relations
business

Burkina Faso proposes bilateral talks with Nigeria to reset relations

Burkina Faso has proposed a high-level bilateral session with Nigeria aimed at reviewing existing areas of cooperation and identifying new... The post Burkina Faso proposes bilater

Aug 29, 20261 min read
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Nairametrics

OpenAI to cut off Cursor from AI models after SpaceX acquisition
business

OpenAI to cut off Cursor from AI models after SpaceX acquisition

OpenAI has announced plans to terminate its agreement to provide artificial intelligence models to Cursor, the coding tool company recently.. The post OpenAI to cut off Cursor from

Aug 29, 20261 min read
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Nairametrics

Top 10 ISPs in Nigeria by subscribers in Q2 2026
business

Top 10 ISPs in Nigeria by subscribers in Q2 2026

The internet service providers (ISP) market in Nigeria continues to evolve with new players throwing in challenges that keep existing players on their toes. The post Top 10 ISPs in

Aug 29, 20261 min read
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Nairametrics

VFD Group Plc launches N20 billion Commercial Paper issuance: Takeaways for investors
business

VFD Group Plc launches N20 billion Commercial Paper issuance: Takeaways for investors

VFD Group Plc has opened a N20 billion Commercial Paper (CP) issuance under its N50 billion Commercial Paper Programme. The post VFD Group Plc launches N20 billion Commercial Paper

Aug 29, 20261 min read
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Nairametrics

Inside Nigeria’s lending reset: how credit direct Is positioning as the sector consolidates
business

Inside Nigeria’s lending reset: how credit direct Is positioning as the sector consolidates

Nigeria’s digital lending sector has just come through its most consequential regulatory reset in years. Following the expiry of the compliance deadline under the Digital, El

Aug 29, 20261 min read
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Nairametrics

Why Landmark’s CEO is betting big on Nigeria’s N5 trillion local tourism
business

Why Landmark’s CEO is betting big on Nigeria’s N5 trillion local tourism

In an exclusive interview with Nairametrics, Landmark Africa CEO, Paul Onwuanibe, discussed the forces driving this transformation, the scale of Nigeria’s domestic tourism market a

Aug 29, 20261 min read
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Nairametrics

Naira strengthens to N1,337/$ as FX turnover plunges 49%
business

Naira strengthens to N1,337/$ as FX turnover plunges 49%

The naira strengthened to N1,337/$ at the Nigerian Foreign Exchange Market on Friday, extending its recent gains as weekly foreign exchange turnover fell sharply to $2.71 billion.

Aug 29, 20261 min read
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Nairametrics

NERC issues 194 electricity licences, permits as mini-grids, metering surge
business

NERC issues 194 electricity licences, permits as mini-grids, metering surge

The Nigerian Electricity Regulatory Commission (NERC) issued 194 licences, permits and certifications across Nigeria’s electricity market in 2025, representing a 15.5% increase fro

Aug 29, 20261 min read
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Nairametrics

Eyitope Kola-Oyeneyin leaves MTN Nigeria board weeks after NIPC appointment
business

Eyitope Kola-Oyeneyin leaves MTN Nigeria board weeks after NIPC appointment

MTN Nigeria has announced that Mrs. Eyitope Kola-Oyeneyin will step down from its Board of Directors, ending her tenure as an Independent Non-Executive Director. The post Eyitope K

Aug 29, 20261 min read
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Nairametrics

Best performing Nigerian stocks for the week ended August 28, 2026
business

Best performing Nigerian stocks for the week ended August 28, 2026

After two clear weeks that witnessed 11 consecutive sessions of losses, Nigerian equities returned to positive territory in a shortened four-day trading week ended August 28, with

Aug 29, 20261 min read
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Nairametrics

Moody’s turns positive on Nigeria as reserves strengthen, affirms B3 rating
business

Moody’s turns positive on Nigeria as reserves strengthen, affirms B3 rating

Moody’s has revised Nigeria’s sovereign outlook to “positive” from “stable”, citing stronger foreign exchange reserves and better-than-expected economic growth as factors improving

Aug 29, 20261 min read
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Nairametrics

EFCC extradites two Nigerians to US over alleged sextortion of teenagers
business

EFCC extradites two Nigerians to US over alleged sextortion of teenagers

The Economic and Financial Crimes Commission (EFCC) has facilitated the extradition of two Nigerians, Mudashiru Afeez Olawale and Adebola Festus Adekunle, to the United States to f

Aug 28, 20261 min read
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Nairametrics

Tinubu orders forensic audit of IPPIS, FG systems over ghost workers, ‘fake agencies’
business

Tinubu orders forensic audit of IPPIS, FG systems over ghost workers, ‘fake agencies’

President Bola Tinubu has ordered a comprehensive forensic audit of Federal Government systems, including the Integrated Personnel and Payroll Information System (IPPIS), following

Aug 28, 20261 min read
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Nairametrics

Inside Nigeria’s N365 million Laureate Prize: The step-by-step guide to getting nominated
business

Inside Nigeria’s N365 million Laureate Prize: The step-by-step guide to getting nominated

Nigeria's Federal Government is putting N365 million behind a new national competition designed to identify and reward outstanding research by students in tertiary institutions acr

Aug 28, 20261 min read
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Nairametrics

Canada raises study permit funds requirement to C$23,448 from September 1
business

Canada raises study permit funds requirement to C$23,448 from September 1

Canada will increase the financial requirement for international students applying for study permits from September 1, 2026, with a single student required to show C$23,448 for liv

Aug 28, 20261 min read
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Nairametrics

Nigerian equities rally continues with N1.38 trillion gains as FTSE Russell lift sentiment
business

Nigerian equities rally continues with N1.38 trillion gains as FTSE Russell lift sentiment

The Nigerian equities market extended its rebound on Friday, August 28, 2026, delivering its strongest single-session gain in three weeks, as broad-based buying across banking, oil

Aug 28, 20261 min read
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Nairametrics

Atlas 777 Media Launches ‘Dumb It Down: The Clarity Lab’ Podcast
business

Atlas 777 Media Launches ‘Dumb It Down: The Clarity Lab’ Podcast

Nigeria’s business and financial media landscape has never had a shortage of experts. What it has consistently lacked is translation, the space between what an industry insid

Aug 28, 20261 min read
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Nairametrics

FG clarifies $5 billion Abu Dhabi swap, says no oil assets pledged
business

FG clarifies $5 billion Abu Dhabi swap, says no oil assets pledged

The Federal Government has defended its $5 billion Total Return Swap (TRS) facility with First Abu Dhabi Bank PJSC (FAB), saying no oil revenues or strategic national assets were p

Aug 28, 20261 min read
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