Tinubu reforms drive growth, markets face volatility

Timeline

1. about 23 hours ago

   [BUSINESS] 9 sources

   Nigeria's President Tinubu Ends Raw Cocoa Exports, Boosts Local Processing

   President Tinubu declared an end to Nigeria's raw cocoa exports, pushing domestic processing with a new 70,000‑ton plant and an €85 million Bank of Industry financing programme, aiming to capture more value for

2. about 23 hours ago

   [BUSINESS] 4 sources

   Central Bank of Nigeria launches N750bn Treasury bills auction and repays N2.97tr OMO bills

   The Central Bank of Nigeria auctioned N750bn of Treasury bills and repaid N2.97tr of OMO bills, injecting about N447bn of liquidity as demand remained strong across short‑ and long‑term tenors.

3. 2 days ago

   [BUSINESS] 7 sources

   Nigerian equities lose N1.3 trillion as profit‑taking drives market decline

   Nigerian stocks fell 0.84% on July 14, erasing N1.3 trillion in market value as profit‑taking hit industrial, banking and consumer shares; volume jumped 19% and a mixed rebound followed the next day.

4. 2 days ago

   [POLITICS] 20 sources

   Nigeria’s 2027 Election Race Heats Up as Parties Consolidate Support

   Nigerian parties intensify 2027 election campaigns: Kwankwaso urges unity, APC stresses engineering, PDP backs Babangida Umaru, Obi calls for competent leadership, Tinubu receives endorsements from youth, APC,

5. 2 days ago

   [POLITICS] 3 sources

   Zamfara Governor Dauda Lawal Distributes 72,000 Fertiliser Bags to Farmers

   Zamfara Governor Dauda Lawal launched a state programme distributing 72,000 fertiliser bags, herbicides and other farm inputs to boost production and food security across the state.

6. 2 days ago

   [POLITICS] 16 sources

   President Bola Tinubu advances Abuja water pipeline and road projects

   Tinubu launched a 198 km water pipeline in Bwari, flagged a new road to the Abuja‑Kaduna Expressway, called for stricter engineering regulation, and opened a 10,000‑unit housing partnership, all under his Renew

7. 3 days ago

   [POLITICS] 3 sources

   Nigeria's North West Development Commission secures ₦15.2bn, launches projects for 30,000 farmers and 10,000 youths

   Nigeria's North West Development Commission received ₦15.2bn in federal funds, spent ₦1.2bn and plans projects including free fertilizer for 30,000 farmers, a skills programme for 10,000 youths, health and学校升级,

8. 4 days ago

   [BUSINESS] 2 sources

   Universal Insurance CEO Calls for Expanded Local Insurance Capacity in Nigeria's Oil & Gas Sector

   Universal Insurance CEO Jeff Duru urged stronger oil‑gas and insurance collaboration in Nigeria, stressing local content, digital innovation and retention of premiums to boost the sector’s growth.

9. 4 days ago

   [BUSINESS] 4 sources

   Rural Electrification Agency rolls out 48 mini‑grid projects to power 1.25 million Nigerians

   Nigeria’s Rural Electrification Agency has begun rolling out 48 interconnected mini‑grid projects under World Bank and AfDB programmes, targeting over 250,000 connections for 1.25 million people, with an 11.9

10. 4 days ago

    [BUSINESS] 2 sources

    Nigeria's foreign exchange turnover falls 47% as stock market climbs 6.3%

    Nigeria's FX market turnover slumped 47% to $1.63 bn in the week to 10 July 2026, while its stock index rose 6.35% to 243,799 points, with mixed gains and a sharp drop in trading volume.

11. 5 days ago

    [POLITICS] 5 sources

    Zamfara Governor Dauda Lawal launches massive fertilizer distribution to boost agriculture

    Zamfara Governor Dauda Lawel launched the 2026 wet‑season fertilizer programme, distributing 72,000 bags of fertilizer, 200,000 L of herbicide and equipment to farmers across all 147 wards.

12. 5 days ago

    [BUSINESS] 2 sources

    Niger Delta Advocate Alamieyeseigha Urges Tech‑Driven Industrial Shift

    Advocate Seleake Tarilah Alamieyeseigha urges Nigeria’s government to shift the Niger Delta from oil dependence to a tech‑driven industrial hub, calling for policy reforms, infrastructure upgrades, education, &

13. 5 days ago

    [BUSINESS] 3 sources

    West African stock markets rise as Ghana and Nigeria post gains

    Ghana's stock index rose 0.17% to a 68.8% YTD gain, while Nigeria's fell 0.07% but kept a 56.7% YTD rise; both markets saw lower trading volumes.

14. 5 days ago

    [BUSINESS] 2 sources

    Bank of Agriculture rolls out fertilizer distribution for 10,000 hectares in Katsina, Nigeria

    BOA, with Nigeria's agriculture ministry, began a 2026 wet‑season fertilizer program in Katsina, targeting 10,000 hectares via 1,000+ cooperatives to raise yields and farmer incomes.

15. 5 days ago

    [POLITICS] 9 sources

    Nigeria's Tinubu Approves Nasarawa Polytechnic Upgrade to Mining University

    President Bola Tinubu approved converting Federal Polytechnic Nasarawa into a mining, engineering and technology university to boost technical education and the mining sector.

16. 5 days ago

    [BUSINESS] 2 sources

    Adamawa State Power Projects Expand Electricity Access

    Nigeria launches mini‑grid projects and orders grid reconnection in Adamawa State, aiming to power 40,000 homes and restore electricity to Madagali by Dec 2026.

17. 5 days ago

    [POLITICS] 3 sources

    Nigerian President Bola Tinubu defends reforms amid Ooni endorsement

    President Tinubu pledges to uphold Nigerians' trust while Ooni of Ife lauds his economic reforms for market growth, reserve gains and stabilised FX.

18. 6 days ago

    [TECHNOLOGY] 5 sources

    Nigeria's REA rolls out solar mini‑grids to thousands of homes

    Nigeria's REA is deploying solar mini‑grids to over 13,000 homes in Rivers State, targeting 288 MW of interconnected mini‑grid capacity nationwide, while TETFund launches a 1.7 MWh campus solar project and REA,

19. 6 days ago

    [POLITICS] 5 sources

    President Tinubu inaugurates remodeled Abuja City Gate

    President Bola Tinubu and FCT Minister Nyesom Wike inaugurated the renovated Abuja City Gate, rebuilt by Julius Berger with a new symbolic water fountain and plans for surrounding amenities.

20. 6 days ago

    [POLITICS] 3 sources

    Nigeria President Tinubu Pushes Senior Secondary Education Reform Bill

    President Bola Tinubu urged the Nigerian Senate to fast‑track a 2026 amendment bill aimed at strengthening senior secondary education, improving governance and reducing dropouts, with the Senate referring it to

21. 6 days ago

    [BUSINESS] 3 sources

    Nigeria's Stock Market Tops Global Returns, Outpacing South Korea in 2026

    Nigeria’s stocks rose 67% in 2026, beating South Korea’s 66% gain, driven by reforms, oil prices and a stronger naira; financial firms led, while Korea’s AI‑focused market slipped.

22. 6 days ago

    [POLITICS] 4 sources

    Nigeria's FCT Minister Nyesom Wike redirects spending to infrastructure as revenue spikes

    FCT Minister Nyesom Wike halted funding for overseas conferences, channeling money into roads, while monthly internally generated revenue jumped from ₦9 bn to over ₦40 bn, funding further infrastructure in the

23. 7 days ago

    [POLITICS] 4 sources

    Nigeria President Tinubu Calls CSOs Partners in Governance at Lagos Summit

    President Tinubu and Governor Sanwo‑Olu urged Nigerian CSOs to become partners in governance, focusing on budget tracking, climate action, and patriotic advocacy at a Lagos summit.

24. 7 days ago

    [BUSINESS] 5 sources

    Nigeria's NUPRC awards 19 petroleum prospecting licences to 12 firms

    Nigeria's NUPRC signed concession contracts and began issuing 19 petroleum prospecting licences to 12 firms during the NOG Energy Week, aiming to attract investment and boost oil production.

25. 7 days ago

    [BUSINESS] 11 sources

    Nigeria's Economy Holds 4.1% Growth Forecast Amid Rising Poverty Risks

    IMF holds Nigeria’s 2026 growth at 4.1% but warns rising food and energy prices could worsen poverty; foreign investment doubles to $4 bn and reserves hit $51 bn, amid volatile oil prices.

26. 7 days ago

    [BUSINESS] 2 sources

    Nigeria's Central Bank Raises N1.1 trillion in Treasury Bill Auction

    Nigeria's central bank allocated N1.1 trillion in a Treasury bill auction, raising rates to 16.30%‑17.70% amid strong demand and recent liquidity injections.

27. 7 days ago

    [POLITICS] 2 sources

    Nigeria expands rail and road projects to boost jobs and connectivity

    Nigeria's transport ministers say rail works under Buhari could create up to 50,000 jobs, while Tinubu’s government pushes new road projects in Ekiti to broaden infrastructure benefits.

28. 7 days ago

    [BUSINESS] 2 sources

    Nigeria's cross‑border electricity trade shows ₦17.45 bn charge is merely a service fee

    Nigeria’s power exports to Benin, Togo and Niger involve a ₦17.45 bn quarterly service charge, not a defaulted debt, and rely on guaranteed bilateral contracts that could be expanded to industrial and mini‑grid

29. 8 days ago

    [POLITICS] 3 sources

    Nigeria's Tinubu Intervention Funds Support Small Businesses, Says APC Chair

    APC chair Nentawe Yilwatda says Tinubu’s N75bn MSME fund, N11bn SMEDAN package and N30bn youth fund are expanding financing, creating jobs and boosting incomes in Nigeria.

30. 8 days ago

    [BUSINESS] 3 sources

    Nigeria reports $12.66 million electricity debt from Togo, Benin and Niger

    NERC says Togo, Benin and Niger owe $12.66 million for Nigerian‑supplied electricity in Q1 2026, while domestic customers paid 95 % of their bills; the government subsidy fell to ₦358.32 bn.

31. 9 days ago

    [BUSINESS] 2 sources

    Nigeria Accelerates Business Grants and Renewable Energy Funding Strategies

    Nigeria expands business grant programmes and, through impact investor All On, scales renewable‑energy financing to reach millions, stressing catalytic capital and ecosystem support.

32. 9 days ago

    [POLITICS] 2 sources

    Niger Delta declared most peaceful under President Tinubu

    Nigeria’s Amnesty Programme chief says the Niger Delta is now the country’s most peaceful region, attributing stability to President Tinubu’s administration and highlighting extensive scholarship support and a

33. 9 days ago

    [BUSINESS] 11 sources

    Nigeria's NNPC signs six gas agreements at NOG Energy Week

    At the 25th NOG Energy Week, Nigeria's NNPC signed six gas deals—including MoUs with Ajaokuta Steel and agreements with UTM FLNG, Chevron, AGPC and NEPL—to boost industrial growth, energy security and attract $

34. 9 days ago

    [BUSINESS] 2 sources

    Nigeria launches major fertilizer distribution to boost 2026 farming season

    Nigeria’s federal and Sokoto state governments distributed over 650,000 fertilizer bags worth billions of naira to boost the 2026 farming season, aiming to improve food security and farmer incomes.

35. 9 days ago

    [POLITICS] 14 sources

    President Bola Tinubu advances legal reforms, regional commissions and Abuja infrastructure in Nigeria

    President Tinubu pushes a new criminal justice act, launches regional commissions, redirects seized cyber‑crime assets to education, and commissions major Abuja infrastructure projects while enabling FCT loan‑s

36. 9 days ago

    [BUSINESS] 2 sources

    Nigeria's NERC expands state regulation and launches net‑billing scheme for renewables

    NERC is devolving electricity market oversight to 16 Nigerian states and has launched a net‑billing scheme that lets consumers earn credits for surplus renewable power, a reform hailed as a major boost for the

37. 9 days ago

    [BUSINESS] 7 sources

    Nigerian Exchange rally adds trillions to investor wealth

    NGX rally lifts the index, adds over N5 trillion to market cap and investor wealth, driven by Cadbury, Dangote Cement and Airtel; July earnings season approaches.

38. 10 days ago

    [BUSINESS] 3 sources

    Nigeria's CBN to Issue N2 Trillion Treasury Bills as Lawyers' Cooperative Launches Investment Scheme

    Nigeria's CBN targets N2 trillion Treasury Bill issuance in July to tighten liquidity, while a lawyers' cooperative partners with ARM Pension to pool funds for Treasury Bill investments and pension planning.

39. 10 days ago

    [TECHNOLOGY] 8 sources

    Nigeria advances 1,000MW solar hub and dozens of mini‑grids to boost power access

    Nigeria registers a 1,000 MW solar firm and launches 42 renewable projects, including 39 mini‑grids in Adamawa and a 3.5 MW solar farm in Kebbi, backed by US and World Bank financing.

40. 10 days ago

    [POLITICS] 2 sources

    Nigeria's FCT Minister Nyesom Wike Faces Renewed Scrutiny Over 2016 Audio Tape

    Nigeria's FCT Minister Nyesom Wike faces renewed online debate over a disputed 2016 audio tape alleging election meddling, while he recently thanked President Tinubu for timely FCT funding.

41. 10 days ago

    [POLITICS] 2 sources

    President Bola Tinubu pledges security boost and backs women’s empowerment in Nigeria

    President Bola Tinubu promised increased security resources and inter‑faith dialogue, while an APC leader commended First Lady Oluremi Tinubu’s women‑empowerment drive, citing small‑business successes.

42. 11 days ago

    [BUSINESS] 6 sources

    Nigeria spends ₦358 bn on electricity subsidy as grid generation falls 9.6%

    Nigeria's NERC says the government subsidised ₦358 bn of electricity in Q1 2026 as generation fell 9.6%, grid losses rose to 37.4% and cross‑border neighbours paid only 27% of bills.

43. 11 days ago

    [POLITICS] 10 sources

    Tinubu launches N137 billion Borno road rehabilitation to revive trade and security

    Tinubu inaugurated N137 billion road works on Borno’s Bama‑Banki and Dikwa‑Gamboru‑Ngala routes, aiming to revive trade, agriculture and security in the post‑insurgency north‑east.

44. 12 days ago

    [POLITICS] 2 sources

    PANDEF decries exclusion of Niger Delta from Nigeria's N3.9 trillion road projects

    PANDEF, headed by Ambassador Godknows Igali, says Nigeria’s N3.9 trillion road plan excludes the Niger Delta, allocating only an N86 billion Benue‑Cross River road, and urges President Tinubu to correct the gap

45. 12 days ago

    [POLITICS] 2 sources

    Sokoto State launches N7.7 bn free fertilizer giveaway and tractor procurement program

    Sokoto Governor Ahmed Aliyu launched a N7.7 bn free fertilizer distribution for 157,800 bags and a N22 bn contract for 250 tractors, plus 100 Belarus tractors, to boost agriculture ahead of the 2026 wet season.

46. 12 days ago

    [BUSINESS] 9 sources

    Nigeria's mini‑grid push attracts private capital as UN backs new programme

    Nigeria’s REA chief says mini‑grids are now a commercial model that de‑risks power and draws private capital; the UN‑backed Africa Minigrids Programme launches 23 projects to serve 50,000 people.

47. 12 days ago

    [POLITICS] 2 sources

    Nigeria resumes Ibadan‑Ife‑Ilesa road reconstruction after ministerial directives

    Nigeria's CBC Global resumes the Ibadan‑Ife‑Ilesa road rebuild after minister David Umahi’s quality directives; 65% complete, project promises a 50‑year durable road.

48. 13 days ago

    [POLITICS] 6 sources

    President Tinubu calls on Nigerian journalists to favor substance over sensationalism

    President Tinubu urged Nigerian journalists to prioritize factual, responsible reporting over sensationalism, linking press freedom to national security and recent economic gains.

49. 13 days ago

    [POLITICS] 2 sources

    Nigeria President Tinubu launches Power Force to train 5,000 youths for smart meters

    Nigeria's President Tinubu launches Power Force to train 5,000 youths for smart‑meter rollout, aiming to create jobs, boost billing transparency and strengthen power sector reforms.

50. 13 days ago

    [TECHNOLOGY] 2 sources

    Nigeria powers 50,000 residents with 23 new solar mini‑grids

    Nigeria’s Rural Electrification Agency, UNDP and the GEF launched 23 solar mini‑grids, bringing power to 50,000 people and over 20,000 homes, while emphasizing renewable energy’s role in the national grid.

51. 13 days ago

    [BUSINESS] 3 sources

    Nigeria electricity distributors install record 357,000 meters, face N159 bn revenue gap in Q1 2026

    In Q1 2026 Nigeria’s DisCos installed 357,495 meters – a 10% rise – while billing N756.9 bn but collecting only N597.6 bn, leaving a N159 bn shortfall and 78.9% collection efficiency.

52. 13 days ago

    [INTERNATIONAL] 5 sources

    Nigeria joins International Energy Agency as Association Country, boosting coverage to 80% of global demand

    Nigeria becomes an IEA Association Country, expanding the agency’s coverage to over 80 % of global energy demand and giving the nation access to expertise on energy security, electricity access and clean‑coking

53. 15 days ago

    [POLITICS] 2 sources

    Nigeria grapples with insecurity, inflation and need for human‑capital investment

    Nigeria confronts rising insecurity, inflation and governance woes while experts urge investment in health, education and skills to unlock its demographic dividend.

54. 15 days ago

    [POLITICS] 14 sources

    President Tinubu Approves N3.9 trn Road Projects in 15 Nigerian States

    Tinubu approved N3.9 trn for 27 road projects in 15 states and has been flag‑offing multiple highway segments, aiming to boost connectivity and stimulate economic growth.

55. 15 days ago

    [POLITICS] 3 sources

    Nigeria President Tinubu Orders Rebuild of Failing Lagos‑Ibadan Expressway Section

    President Tinubu has directed the reconstruction of the failing Ibadan section of the Lagos‑Ibadan expressway using reinforced concrete, after Minister Umahi highlighted severe deterioration.

56. 16 days ago

    [POLITICS] 2 sources

    Nigeria's President Tinubu swears in new National Population and Revenue Commissioners

    President Bola Tinubu swore in two Revenue Mobilisation and six National Population Commission commissioners in Abuja, urging them to boost census and birth‑registration efforts.

57. 16 days ago

    [BUSINESS] 5 sources

    Nigeria electricity revenue climbs to N630.9bn in Q4 2025

    Nigeria’s electricity sector saw Q4 2025 consumer base rise to 12.16 million, metered customers hit 6.97 million and DISCO revenue jump 10.6% to N630.9 bn.

58. 16 days ago

    [BUSINESS] 6 sources

    Nigerian Stock Market Swings as Profit‑Taking Triggers Trillion‑Naira Losses

    Nigeria’s NGX saw strong H1 gains, then profit‑taking erased N2.3‑2.4 trillion, dropping the index 1.6%. Analysts expect modest H2 recovery despite inflation and election risks, while insurance firms draw over

59. 16 days ago

    [POLITICS] 2 sources

    Tinubu Advances Education Reforms to Raise Youth Skills and Jobs in Nigeria

    President Bola Tinubu’s education reforms, endorsed by officials like the Federal Polytechnic Orogun rector, aim to expand technical training, boost youth employment and attract greater investment, emphasizing

60. 16 days ago

    [BUSINESS] 4 sources

    Nigeria’s Energy Sector Moves Toward Decentralised Power and Indigenous Upstream Growth

    Nigeria is reforming its power sector with state‑level markets, learning from India, while indigenous oil firms expand production and gas projects ahead of African Energy Week 2026.

61. 16 days ago

    [POLITICS] 2 sources

    Nigeria Rejects Foreign Mercenaries and Calls for Police‑Military Integration to Fight Banditry

    Nigeria’s security chief rules out foreign mercenaries and talks with bandits, while a retired colonel pushes police‑military integration and recall of veterans to bolster the fight against insurgency and bandy

62. 17 days ago

    [POLITICS] 2 sources

    Nigeria Power Minister Joseph Tegbe faces grid reform challenge

    Nigeria’s Power Minister Joseph Tegbe pushes for regional unbundling of the national grid, citing systemic flaws beyond short‑term fixes.

63. 17 days ago

    [BUSINESS] 2 sources

    Nigeria expands gas-driven transport with CNG conversions and EV infrastructure

    Nigeria’s Decade of Gas and Pi‑CNG & EV agency reported 7.85 bcfd gas output, over 100,000 CNG‑converted vehicles, new fuel stations and EV buses, and plans to broaden the refuelling and charging network nation

64. 17 days ago

    [BUSINESS] 3 sources

    Nigeria's NADF Distributes 80,640 Bags of Free Fertiliser to Smallholder Farmers

    Nigeria's NADF distributed 80,640 bags of free fertiliser to smallholder farmers in the South‑South, while Senator Mustapha delivered N1.5 bn of farm inputs to Kwara State, both to boost yields and food‑secuity

65. 17 days ago

    [BUSINESS] 6 sources

    Nigerian Exchange sees sharp profit‑taking, turnover plunge and month‑long sell‑off

    Nigeria’s NGX posted N7.9 trn of transactions Jan‑May, then saw a June sell‑off losing N11.6 trn, with turnover down 47 % and the market still the top performer in Africa.

66. 18 days ago

    [POLITICS] 18 sources

    President Bola Tinubu highlights development, honors and security reforms in Nigeria

    President Bola Tinubu praised former governor Fashola, honored Herbert Macaulay, backed MSME awards, endorsed state police, and highlighted infrastructure projects across Nigeria.

67. 18 days ago

    [BUSINESS] 3 sources

    Nigeria draws $1.5 bn from $5 bn UAE financing facility

    Nigeria has drawn $1.5 bn from a $5 bn UAE financing facility with First Abu Dhabi Bank, using a total‑return swap to fund the budget and refinance debt, amid IMF and rating‑agency warnings over opacity and FX‑

68. 19 days ago

    [BUSINESS] 2 sources

    Nigeria draws $1.5 bn from UAE loan facility despite IMF warnings

    Nigeria has drawn $1.5 bn from a $5 bn Total Return Swap loan with UAE’s First Abu Dhabi Bank, despite IMF warnings about opacity and policy risks.

69. 19 days ago

    [BUSINESS] 5 sources

    Nigeria's equity market slides as NGX index falls 1.65% to 232,049 points

    Nigeria's NGX All‑Share Index slipped 1.65% to 232,049 as market cap fell to N148.9 trillion, wiping out about N2.4 trillion amid profit‑taking in oil, gas and insurance stocks.

70. 19 days ago

    [POLITICS] 6 sources

    Abayomi Fasina's Ambassadorial Nomination Sparks Support and Opposition in Nigeria

    Nigeria’s Senate debates Professor Abayomi Fasina’s ambassadorial nomination, with university leaders praising his record while women’s groups cite sexual‑harassment allegations and pending court cases.

71. 19 days ago

    [HEALTH] 16 sources

    Nigeria Launches National Health Technology and Data Analytics Office (NHTDAO)

    President Bola Tinubu created Nigeria's National Health Technology and Data Analytics Office, appointing Dr Obi Adigwe as coordinator to drive a coordinated, interoperable digital‑health system.

72. 20 days ago

    [BUSINESS] 4 sources

    Nigeria advances airport development as Enugu Airport handed to Aero Alliance and Anambra plans second airport

    Nigeria's Enugu airport was handed to Aero Alliance under a PPP, while Anambra State announced a second airport to support its Aerotropolis vision.

73. 20 days ago

    [BUSINESS] 2 sources

    Nigeria Boosts Energy Production and Domestic Refining Under Tinubu Reforms

    Nigeria’s Tinubu government removed fuel subsidies, doubled revenue to ₦21 trn, lifted crude output to 1.64 m bpd and domestic petrol refining to 48 ml/d, cutting imports sharply.

74. 20 days ago

    [POLITICS] 5 sources

    President Tinubu commissions renovated Premier Hotel in Ibadan, pledges security actions

    President Tinubu opened the renovated Premier Hotel in Ibadan, linking it to tourism growth, and pledged comprehensive efforts to rescue kidnapped students and bolster national security.

75. 20 days ago

    [TECHNOLOGY] 2 sources

    Nigeria’s Engineers Call for Innovation to Boost Energy Access

    At Lagos’ NSE Innovation Week 2026, engineers were urged to devise adaptable energy solutions, while experts promoted AI, smart‑grid and local innovation to tackle Nigeria’s electricity shortages affecting tens

76. 21 days ago

    [INTERNATIONAL] 3 sources

    UN report finds 655 million people still lack electricity worldwide

    UN data shows 655 million people lack electricity, mainly in sub‑Saharan Africa, and 1.8 billion rely on polluting cooking fuels, urging faster electrification and clean‑energy investment to meet SDG 7 by 2030.

77. 21 days ago

    [POLITICS] 3 sources

    Nigeria's Tinubu raises cash grant for vulnerable households in Jigawa

    Tinubu increased Jigawa's cash‑transfer grant to N25,000 per cycle, covering 154,412 households; 126,636 have received cards, with the program targeting nutrition and micro‑businesses.

78. 21 days ago

    [BUSINESS] 6 sources

    Nigeria's Economy Faces Inflation Surge, Slower Growth and Election‑Related Market Risks

    Nigeria’s equity market may stay upbeat with a Dangote IPO, but S&P cuts GDP growth, hikes inflation to 16.9%, Treasury‑bill yields rise, and election risk could pressure stocks; FMCG sector valued at $25 bn.

79. 21 days ago

    [BUSINESS] 2 sources

    Nigeria breaks ground on Sub‑Saharan Africa’s largest solar‑powered steel complex

    Nigeria inaugurated a 200 MW off‑grid solar mini‑grid on 500 ha in Niger State to power a new steel‑focused industrial park, part of President Tinubu’s Renewed Hope agenda and a drive to revitalize the steel ​​

80. 21 days ago

    [BUSINESS] 3 sources

    Nigeria breaks ground on Sub‑Saharan Africa’s largest 200 MW solar mini‑grid for industrial park

    Nigeria inaugurated a 200 MW off‑grid solar mini‑grid for Abuja Steel Mills and a 505 kW mini‑grid in Lagos, advancing a national program to deploy over 1,000 renewable projects.

81. 21 days ago

    [TECHNOLOGY] 5 sources

    WeLight secures $31M IFC investment to expand solar mini‑grids in Nigeria and Congo

    WeLight secures $31 M from IFC to expand solar mini‑grids into Nigeria and Congo, while Nigeria’s government launches a 505 kW mini‑grid in Lagos and plans further rollout.

82. 21 days ago

    [BUSINESS] 3 sources

    Nigerian Stock Market Swings as NGX Index Falls Then Rises

    Nigeria's NGX index fell 2.35% then rose 1.06% within days, wiping ₦3.64 trillion before adding ₦1.64 trillion, driven by sector losses, naira weakness, and later gains from Airtel Africa and Ellah Lakes.

83. 21 days ago

    [BUSINESS] 2 sources

    Nigeria launches gas‑power infrastructure map and hosts new energy expo

    Nigeria will reveal a comprehensive gas‑power infrastructure map at NOG Energy Week and host the NNEPIE trade show in Lagos, targeting the country's massive electricity shortfall.

84. 21 days ago

    [BUSINESS] 5 sources

    Tinubu Calls for End to Raw Mineral Exports Across Africa

    President Tinubu urged African nations to halt raw mineral exports, promote local processing and value‑addition, and strengthen continental bargaining power at the AMSG meeting in Abuja.

85. 22 days ago

    [POLITICS] 15 sources

    Nyesom Wike Leads PDP Amid Parallel Candidate Certifications and 2027 Election Push

    PDP splits into Wike and Turaki factions, each issuing parallel candidate certificates ahead of the 2027 elections; INEC’s June 26 access code will decide legitimacy.

86. 22 days ago

    [POLITICS] 2 sources

    President Tinubu commissions 194‑km water network for Abuja satellite towns

    President Bola Tinubu commissioned a 194‑km water supply network for Abuja satellite towns, delivering treated water to Karu, Orozo, Jikwoyi, Kurudu and pledging further projects.

87. 23 days ago

    [BUSINESS] 7 sources

    Nigerian Stock Market Gains Over N1.6 trillion as Banking and Telecom Shares Lead Rally

    NGX market cap rose N1.64 trillion, index up 1.06%, driven by banking stocks (GTCO, Zenith) and Airtel Africa; 33 gainers, 22 losers, volume ~565 M shares.

88. 23 days ago

    [BUSINESS] 4 sources

    West Africa faces deepening electricity deficit despite renewable potential

    Sub‑Saharan Africa still has 560 million without electricity; ECOWAS pushes renewable mini‑grids, while Nigeria’s minister says under half of 13,000 MW reaches users despite reforms and new transmission assets.

89. 24 days ago

    [BUSINESS] 4 sources

    Nigerian stock market loses N9 trillion in June, then rebounds on banking surge

    June saw Nigeria’s equities slump, erasing about N9 trillion as the All‑Share Index fell 3.6%. By early July the market recovered, adding N1.5 trillion and pushing the index near 240,000 on a banking rally.

90. 24 days ago

    [BUSINESS] 2 sources

    Nigeria expands CNG use and gas reforms to drive industrial growth

    Nigeria promotes CNG after subsidy removal and advances gas reforms to underpin industrialisation, converting 120k vehicles and attracting significant investment.

91. 25 days ago

    [POLITICS] 2 sources

    Nigeria's Tinubu Administration Pushes Centre‑State Road Projects

    Tinubu’s federal government and South‑East states coordinated road projects, including a major Enugu flyover and new bridges, while also approving the first airport concession in Nigeria.

92. 26 days ago

    [BUSINESS] 2 sources

    Nigerian Stock Market Plunges, Investors Lose Over N5.6 Trillion in One Week

    Nigeria’s NGX saw a 3.6% drop as the All‑Share Index fell to 235,941, with investors losing over N5.6 trillion in one week, driven by profit‑taking, dividend cuts and rebalancing amid weak market breadth.

93. 26 days ago

    [BUSINESS] 4 sources

    Nigeria FMCG sector deemed crucial for $1 trillion economy plan

    Nigeria’s FMCG sector, driven by 40 million MSMEs, is a key pillar of the $1 trillion economy plan; only 18 % of retailers have formal loans despite 74 % needing credit, and the sector saw a 55 % rise in credit

94. 26 days ago

    [POLITICS] 4 sources

    Nigeria's Tinubu government stresses long‑term growth and decentralization

    Tinubu’s government rejects quick fixes, promoting long‑term growth through infrastructure and a push to decentralise security, governance and power to states and localities.

95. 26 days ago

    [POLITICS] 6 sources

    Nigeria's Retired Generals Urge Overhaul of Security Strategy After General Rabe's Death

    Retired generals and former president Abdulsalami Abubakar demand a national security overhaul and unity after General Rabe's kidnapping‑death in Nigeria.

96. 26 days ago

    [POLITICS] 5 sources

    Nigeria rolls out fertiliser aid to thousands of smallholder farmers

    Nigeria’s government, led by President Tinubu, is distributing over 100,000 bags of fertiliser to more than 25,000 smallholder farmers in the North‑West, part of a nationwide effort to boost food security and a

97. 26 days ago

    [BUSINESS] 2 sources

    Nigeria's Energy Conferences Emphasize Local Content and Youth Development

    Nigeria's SPE events highlighted a shift from local‑content compliance to industrial capability and stressed gas‑driven growth and youth mentorship at Lagos Energy Week 2026.

98. 27 days ago

    [BUSINESS] 2 sources

    Nigerian Exchange Implements Volume‑Based Triggers for Stock Price Changes

    Nigeria’s stock exchange now requires minimum trade volumes—10,000, 50,000 or 100,000 shares depending on price tier—before a stock’s price can move, aiming to curb manipulation and improve market stability.

99. 27 days ago

    [INTERNATIONAL] 2 sources

    Nigeria and United States Accelerate Energy Sector Reforms

    Nigeria pushes energy reforms and PPPs, while US lawmakers demand faster permitting to boost energy projects and economic competitiveness.

100. 27 days ago

     [POLITICS] 11 sources

     President Bola Tinubu lauds Abuja road projects and backs FCT Minister Nyesom Wike

     President Tinubu praised FCT Minister Wike for Abuja road projects, announced N111 bn for the Akwanga‑Jos road, and urged that development not hurt local communities.

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