Dangote Hails FG Reforms, Says Nigeria’s Economy on Path to Global Industrial Power
Says policies are restoring investor confidence, boosting industrial growth and accelerating economic recovery President and Chief Executive of Dangote Industries Limited, Alhaji Aliko Dangote, has commended the Federal Government for what he described as bold economic reforms that are strengthening investor confidence, improving macroeconomic stability and repositioning Nigeria for sustainable growth. Dangote said the government’s […]
Three Iranian Military Pilots Killed in Recent US Attack
Three Iranian military pilots were killed in a US attack two nights ago, Iran’s semi-official Tasnim news agency reported on Thursday. Tasnim identified the deceased as Iranian Navy pilots Mojtaba Bagheri and Hamed Okati, and Hossein Mahdavian of the Iranian Air Force. The agency did not disclose the location or circumstances surrounding the attack. The […]
Naira strengthens to N1,800/£ against British Pound, highest level in 7 months
The Nigerian naira has continued to show resilience against the British Pound, trading around N1,800/£ in the official foreign exchange market, its strongest level against sterling since late February. In recent weeks, the naira has largely maintained a trading range of between N1,800/£ and N1,850/£, reflecting improving stability and declining volatility in the foreign exchange […]
US Consulate Targets More Tech, Investment Deals Between Nigerian Entrepreneurs and American Firms
LAGOS, NIGERIA — September 3, 2026 — The United States Consulate in Lagos has intensified efforts to facilitate technology and investment partnerships between Nigerian entrepreneurs and American businesses, as both countries seek to deepen commercial ties and unlock new opportunities in Nigeria’s rapidly expanding digital economy. The newly appointed U.S. Consul General, Brandon Hudspeth, disclosed […]
Reps Panel Uncovers 58 Bank Accounts, Probes Alleged N400m Transaction Linked to PFIPC DG
The House of Representatives Ad Hoc Committee investigating the purported Presidential Foreign Intervention Promotion Council (PFIPC) says it has uncovered about 58 bank accounts allegedly linked to the council’s Director-General, Prince Adeniyi Adeyemi, alongside an alleged N400 million transaction suspected to involve fraudulent representations. The committee said preliminary findings also showed that more than 30 […]
NAIRA HOLDS FIRM AS DOLLAR HOVERS AROUND ₦1,400
LAGOS, NIGERIA — WEDNESDAY, SEPTEMBER 2, 2026 — Nigeria’s foreign exchange market opened Wednesday with the naira holding relatively firm, as the dollar continued to trade around the ₦1,400 mark in the parallel market, while the official market remained significantly stronger. Latest market reports placed the dollar at about ₦1,395 to buy and ₦1,403 to […]
Nigeria’s Economy Posts Fastest Quarterly Growth in Five Years as GDP Expands 4.43%
Nigeria’s economy recorded its fastest quarterly growth in five years in the second quarter of 2026, with real Gross Domestic Product (GDP) expanding by 4.43 per cent year-on-year, according to data confirmed by the National Bureau of Statistics (NBS). The Federal Ministry of Finance said the strong economic performance, combined with a stabilising naira, translated […]
Dolly Parton Laid to Rest in Private Nashville Funeral as Tributes Pour In
Music icon Dolly Parton has been laid to rest following a private family funeral in Nashville, Tennessee, her great-niece has confirmed. Parton, who died earlier in the week at the age of 80, was buried on Friday beside her late husband, Carl Dean, at Woodlawn Memorial Park and Mausoleum in Nashville. Her great-niece, Lainey Parton, […]
Naira Opens September Strong as Nigeria’s FX Market Records Fresh Momentum
Nigeria’s foreign exchange market opened the new month on a positive note on Tuesday, with the naira holding firm at the official market as improved dollar liquidity and rising trading activity strengthened confidence in the local currency. The latest available data placed the dollar at about ₦1,332.44 at the Nigerian Foreign Exchange Market (NFEM), while […]
Bandits Attack Kano Communities for Third Consecutive Day, Kill Resident, Abduct APC Chairman
Suspected bandits have reportedly launched another deadly attack in Kano State, killing one person and abducting the Chairman of the All Progressives Congress (APC) in Rogo Local Government Area. The latest attack, which occurred in the early hours of Tuesday, reportedly targeted Beli village in Rogo LGA, marking the third consecutive day of attacks across […]