African leaders, financiers and business chiefs have called for more of the continent’s own capital to be channelled into industry, regional trade and jobs, at the inaugural Alamein Africa Forum in Egypt. The two-day forum, which was launched by Egyptian President Abdel Fattah El-Sisi, was convened by Egypt with the African Union (AU), the AU …
The Federal Government has announced a 30-day discount on petrol sold by the Nigerian National Petroleum Company Limited (NNPCL), with priority for public transport operators, as part of measures to ease the impact of high fuel prices on households and businesses. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, announced the …
The Chief Executive Officer (CEO) of Nigerian Exchange Limited (NGX), Jude Chiemeka, has been elected President of the African Securities Exchanges Association (ASEA), effective September 30, 2026. Chiemeka, who also chairs the West African Capital Markets Integration Council (WACMIC), succeeds Pierre Célestin Rwabukumba, CEO of the Rwanda Stock Exchange. His appointment comes as ASEA seeks …
The British High Commission in Nigeria has commended Lloyd's Register for its support for emerging Nigerian leaders through the UK Government's Chevening Scholarship Programme. Under the partnership, outstanding Nigerian professionals in maritime-related fields can pursue fully funded master's degrees at leading UK universities. Lloyd's Register, a provider of engineering, technology and professional services for the …
The Nigerian Air Force (NAF) has confirmed that all 25 people aboard an aircraft that crashed in Ondo State on Monday died in the accident. The Air Force, in a statement on Tuesday, said the victims comprised five crew members and 20 passengers. The aircraft, identified as NAF 931, crashed in a swampy area around …
President Bola Ahmed Tinubu has ended his working vacation in Europe and departed Paris, France, for Nigeria, with his aircraft expected to arrive at the Murtala Muhammed Airport, Lagos, later on Tuesday. According to a statement posted on X Tuesday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, Tinubu will first proceed …
Judge cites need to curb market dominance The Federal High Court in Abuja has ordered the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to continue issuing and renewing petroleum products import licences for Matrix Energy, A.A. Rano and AYM Shafa, subject to the companies fulfilling all statutory and regulatory requirements. Justice Inyang Ekwo …
Nigeria's domestic supply of Premium Motor Spirit (PMS), also known as petrol, recovered in August 2026, while imports dropped by 26 per cent. This was primarily driven by the Dangote Refinery operating above capacity. According to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) data, domestic petrol receipts rose 39 per cent month-on-month from …
African leaders attending the 81st United Nations General Assembly (UNGA) in New York have used the global gathering to raise concerns over Africa’s debt burden, access to critical minerals, international law, reparations for the transatlantic slave trade and reforms to global institutions. The 2026 UN General Assembly is being held under the theme "Restoring trust, …
The Osun State House of Assembly has become the first state legislature to approve the proposed constitutional amendment seeking to establish state police in Nigeria. The approval came on Tuesday, September 22, 2026, following clarification by the National Assembly that only the State Police Services Bill had so far been transmitted to the 36 state …
