Flutterwave has announced a strategic investment from Circle Ventures, the venture capital arm of Circle Internet Group Inc., as the African fintech accelerates its push to integrate stablecoin settlements into its payment infrastructure. The investment follows Flutterwave’s participation in the launch of the Circle Payments Network in 2025 and is aimed at enabling businesses to […]
Lekki Phase 1 has emerged as the fastest-growing residential rental market on Lagos Island, recording a five-year compound annual growth rate (CAGR) of 35.9%, the highest among the four major prime residential submarkets monitored. This is according to the Lagos Island Residential Market Report 2026 published by Lagos Realty, which tracks residential rental prices,
Lekki Phase 1 leads Lagos Island rental growth with 35.9% five-year CAGR Read More »
Access Holdings Plc has announced the retirement of its Executive Director, Business Support, Bolaji Agbede, effective June 30, 2026, following the expiration of her tenure. The development was disclosed in a notice filed with the Nigerian Exchange Limited (NGX), shareholders, and the investing public. The notice was signed by the Company’s Secretary, Sunday Ekwochi, and
Access Holdings Announces Retirement of Former Acting Group CEO Bolaji Agbede Read More »
The founder and Chief Executive Officer of Air Peace, Allen Onyema, has urged Nigerians to stop investing in South Africa and instead channel their investments toward Nigeria in response to renewed xenophobic attacks against foreign nationals, including Nigerians. Speaking during an interview on ARISE News, Onyema argued that economic measures rather than violence should
Air Peace CEO Calls for Economic Boycott of South Africa Over Xenophobic Attacks Read More »
The Economic and Financial Crimes Commission (EFCC) has arrested a Nigerian-American, Adegoke Oluwatobi Adams, over an alleged cross-border vehicle import fraud involving more than $320,000, equivalent to approximately N434.88 million. The anti-graft agency disclosed the development in a statement published on its official X account on Friday, June 19, 2026. What the EFCC is alleging
EFCC Arrests Nigerian-American Over Alleged $320,000 Vehicle Import Fraud Read More »
The Federal High Court in Abuja has ordered the deregistration of five political parties, including the African Democratic Congress (ADC), after ruling that they failed to meet constitutional requirements relating to electoral performance in the last general elections. In a judgment delivered on Monday, Justice Peter Lifu directed the Independent National Electoral Commission (INEC) to
Federal High Court Orders Deregistration of ADC, Four Other Political Parties Read More »
Overview The Federal Government has declared Friday, June 12, 2026, a public holiday to commemorate Nigeria’s annual Democracy Day celebration. The announcement was made by the Minister of Interior, Olubunmi Tunji-Ojo, through an official statement issued on behalf of the government. Key Details June 12 has been designated as a public holiday to mark Nigeria’s
Federal Government Declares June 12 Public Holiday for Democracy Day 2026 Read More »
Nigeria’s inflationary pressure on transport fuels intensified further in April 2026 as the average retail price of Premium Motor Spirit (PMS), commonly known as petrol, surged to N1,532.93 per litre nationwide. This was disclosed in the latest Premium Motor Spirit (Petrol) Price Watch report released by the National Bureau of Statistics. According to the
Nigeria’s average petrol price rises to N1,532.93/litre in April 2026 — NBS Read More »
The United Nations Conference on Trade and Development (UNCTAD) has said the global transition to renewable energy will require more than $1 trillion in annual investments by 2030, warning that developing economies may struggle to meet climate and energy targets without stronger foreign direct investment inflows and wider access to clean technologies. The disclosure
UNCTAD: Global renewable energy transition will require over $1 trillion yearly by 2030 Read More »
For the past two to three years, Nigeria’s aviation sector has recorded several regulatory milestones, including exiting the Aviation Working Group (AWG) watchlist and achieving a 75.5% compliance score on the Cape Town Convention (CTC) Index, reflecting improved alignment with global aircraft leasing standards. These gains have been driven by reforms to key legal
