President Bola Tinubu has increased his focus on reducing insecurity in the North Central region, where violence has caused significant disruption. The president expressed support for the African Union’s decision to involve the African Credit Rating Agency in assessing the area’s stability. Tinubu emphasized the need for coordinated efforts to restore peace and security. His administration has deployed additional security forces to the region. Local leaders have reported a rise in attacks, prompting calls for more resources. Tinubu’s strategy includes both military and community-based approaches. The situation remains volatile, with ongoing concerns about regional stability.

Nigeria Joins IEA to Boost Energy Investment
Nigeria has joined the International Energy Agency (IEA) as an associate member, marking a significant step toward increasing investment in its energy sector. The move is expected to help the country…

UK allows Nigerians to switch employers under new policy
Nigerians in the UK are benefiting from a new immigration policy that allows foreign workers to change employers, easing long-standing restrictions. The change, announced by the UK government, aims to…
Nigerian Police Ordered to Allow DG Access to Lawyers
A Nigerian court in Abuja has ordered the Inspector General of Police (IGP) and the Attorney-General of the Federation (AGF) to allow the Director General (DG) of the Nigeria Police Force, Adeniyi Ade…

Uber Closes Operations in Nigeria Amid Strategic Review
Uber has officially halted its operations in Nigeria and Uganda, effective immediately. The decision follows a thorough internal review of the company's performance in the region. The ride-hailing gia…
Nigeria’s Eurobond Yield Surpasses 8% Amid Rising Global Rates
Nigeria’s long-dated Eurobond yield has crossed the 8% threshold, driven by rising US Treasury yields and ongoing inflation worries. The increase reflects growing pressure on the country’s borrowing c…

OPay Reassures Users Amid BNPL Concerns in Lagos
OPay, a leading fintech company in Lagos, has denied recent rumors of its shutdown, reassuring customers and merchants of its continued operations. The company’s Chief Operating Officer and Chief Tech…

FTSE Russell names 10 Nigerian stocks for Frontier Index
FTSE Russell has announced the first list of 10 Nigerian stocks eligible for inclusion in the Frontier Index Series. The move comes as part of the agency's plan to restore Nigeria to Frontier Market s…

Uber begins robotaxi service in London after Nigeria exit
Uber has launched robotaxi services in London, marking a new phase in its global operations. The company introduced self-driving vehicles in the city, offering ride-hailing services without human driv…

Dangote Cement to Launch in London as Nigeria Claims Frontier Market Lead
Dangote Cement Plc, one of Nigeria’s leading industrial firms, is set to make a significant move into the London market on September 21. The timing of the company’s international expansion coincides w…

APC Leaders Pay Tribute to Ajakaye During Visit to Kwara Governors
APC leaders recently visited Kwara state governors to express gratitude and pay tribute to Ajakaye, highlighting his contributions to the party and the region. The visit, described as a thank-you gest…

South Africa and Nigeria strengthen travel and tourism ties
South Africa and Nigeria have signed a partnership agreement aimed at revitalizing their shared travel and tourism corridor. The deal, announced by both nations' trade organizations, focuses on improv…

Nigeria's capital market pushes for better digital tools
Nigeria's capital market is pushing for enhanced digital tools to increase retail investor participation, according to recent calls from stakeholders. Chisom Okechukwu, CEO of Check, highlighted the n…

Lagos-Toronto direct flights to start in 2027
Lagos and Toronto will soon be connected by direct flights, marking a new chapter in bilateral relations between Canada and Nigeria. The announcement comes after months of negotiations to expand the b…

Nigeria's Senate President praises governor's airport development
Godswill Akpabio, Nigeria's Senate President, has praised Governor Umo Eno for his efforts in expanding Ibom Air and developing the state's airport infrastructure. The commendation comes as Akwa Ibom…

Nigerian Police Defends Tear Gas Use Against Pensioners in Lagos
Nigeria Police Force has defended its use of tear gas against pensioners during a protest in Lagos, following initial denial. The force claims the measure was necessary to restore order. Civil Society…

Tinubu Orders Governors to Address Nigerians' Hardship Amid Economic Strain
President Bola Tinubu has directed state governors to provide relief to Nigerians struggling with economic hardship, according to a statement from Nasarawa State Governor Abdullahi Sule. The directive…

Uber Exits Nigeria and Uganda Amid Rising Costs and Competition
Uber has officially ceased operations in Nigeria and Uganda, effective September 2, 2026, after years of service in both countries. The decision comes as part of a broader strategy to refocus resource…

Five non-oil exports could surpass Nigeria's crude oil revenue
Nigeria has long relied on crude oil as its primary source of revenue, but a recent report suggests that several non-oil exports could soon outpace oil in terms of economic contribution. The analysis,…

Uber Ends 12-Year Presence in Nigeria
Uber has officially ended its 12-year operations in Nigeria, marking the conclusion of its ride-hailing services in Africa’s largest economy. The decision was announced on September 2, with the compan…

Africa Launches New Credit Rating Agency to Challenge Global Assessments
The African Union announced plans to officially launch the African Credit Rating Agency (AfCRA) on October 7, 2026, in Port Louis, Mauritius. This marks a significant step toward financial independenc…

Uber Reduces Global Staff by 10% Amid Strategic Shifts
Uber has announced the reduction of approximately 10% of its global workforce, marking the largest staff cut since the start of the pandemic. The company cited increased competition in the food delive…

US-Iran Tensions Escalate Amid Rising Oil Prices and Escalated Strikes
The United States and Iran have intensified their military exchanges, marking some of the heaviest clashes in weeks, according to reports from multiple news outlets. The renewed hostilities have raise…

US and Iran Escalate Attacks in Strait of Hormuz
The United States and Iran have escalated military confrontations near the Strait of Hormuz, a critical waterway for global oil trade. Recent attacks between the two nations mark the most intense exch…

Nigerian households brace for financial strain as schools resume
Nigerian households are bracing for heightened financial pressure as schools prepare to resume in September. Rising school fees and operational costs have placed additional strain on already strained…

Nigeria to Host Climate Reporting Training in London
The Financial Reporting Council of Nigeria (FRC) will host a global executive training program in London from September 21 to 25, 2026, focusing on climate and ESG reporting. The initiative, organized…



