The United Kingdom and Nigeria have agreed follow-up actions across eight areas of cooperation, including a three-year programme against organised immigration crime, returns of irregular migrants, extradition and drug trafficking. No funding amounts or numerical targets were disclosed. Senior officials from Nigeria’s Ministry of Foreign Affairs and the UK Home Office co-chaired the annual Migration, …
Shelter Afrique Development Bank (ShafDB) and Vista Group Holding SA (VGH SA) have signed a Memorandum of Understanding (MoU) to channel more long-term capital into affordable housing across West Africa, the two institutions said. The agreement was signed on the sidelines of the IMF-World Bank Group Annual Meetings. Under its terms, the two lenders will …
The Federal Government has confirmed an Ebola virus disease case in the Federal Capital Territory and identified 44 contacts, urging passengers who travelled with the infected woman to cooperate with public health authorities as efforts to contain the infection continue. The Minister of Health and Social Welfare, Prof Muhammad Pate, made the appeal on Tuesday …
Former Delta State Governor Emmanuel Eweta Uduaghan has died at the age of 71. His family announced his demise following his death on Monday morning, October 19, 2026. In a statement signed by Toju Uduaghan on behalf of the family, the family described his passing as a major loss to Delta State and Nigeria, They …
Nigeria’s headline inflation rate fell to 14.63 per cent in September 2026 from 15.39 per cent in August, while monthly food prices declined by 1.55 per cent, according to data released on Thursday by the National Bureau of Statistics (NBS). The NBS said month-on-month headline inflation slowed to 0.06 per cent in September from 0.71 …
Africa Finance Corporation (AFC) has announced the appointment of Mr Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), as Chairman of its Board of Directors, succeeding the immediate-past Chair, Ireti Samuel-Ogbu. Mr Cardoso brings extensive experience spanning international banking, investment management, economic policy and public sector leadership. Since assuming office as Governor of …
Nigeria’s pension assets have surged by N10.78 trillion in less than two years, rising from N20.7 trillion in July 2024 to N31.48 trillion in June 2026. The Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, disclosed this on Tuesday at PenCom’s 2026 Media Conference, themed “From Reform to Reality: Renewed Hope, Pension Security for …
The International Monetary Fund (IMF) has said improvements in inflation suggest a less restrictive monetary policy stance could be appropriate for Nigeria. It added that the Central Bank of Nigeria (CBN) must remain data-driven and explain its decisions clearly to protect its credibility. Jason Wu, Assistant Director in the IMF’s Monetary and Capital Markets Department, …
Airtel Money began conditional trading on the London Stock Exchange’s Main Market today under the ticker “AMC”. The Offer was priced at £1.96 per share, giving the mobile money business a market capitalisation of about £5.3 billion. All shares in the offer were sold by existing shareholders. Airtel Money, formally Airtel Mobile Commerce N.V., issued …
The World Bank Group has launched a Philanthropy Hub, a single point of entry for foundations and other philanthropic partners, at its first Philanthropy Forum in Bangkok. The Forum drew more than 200 leaders and was held during the 2026 IMF and World Bank Group Annual Meetings. The Hub is meant to steer philanthropic capital …
