Business
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Uber exits Nigeria after 12 years
Ride-hailing giant Uber is ending its operations in Nigeria from Wednesday, September 2, 2026, concluding a 12-year run in the…
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Global bond sell-off deepens as Middle East tensions fuel inflation fears
Government bond yields climb to multi-year highs across major economies as investors brace for further interest rate increases….. A fresh…
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Eurozone Inflation Hits Three-Year High At 3.3% In August
August inflation hits highest level in three years, putting fresh pressure on ECB to raise interest rates…. Eurozone inflation accelerated…
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Nigeria’s 4.43% GDP growth signals economic recovery — CPPE
Group calls for lower production costs, more jobs as economy records strongest quarterly growth in five years….. The Centre for…
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Banks’ CBN Borrowing Plunges 89% to N126bn as System Liquidity Improves
Banks’ reliance on the Central Bank of Nigeria’s short-term funding window dropped sharply in August, while deposits with the apex…
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FG targets $750m cloud investment, begins 90,000km fibre rollout
Government says digital infrastructure push will position Nigeria as Africa’s hub for cloud, AI and digital services…. The Federal Government…
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Dangote refinery lifts Nigeria’s oil refining growth to record 43.94% in Q2
Higher crude processing capacity and rising petroleum product exports drive sharp expansion in refining activity….. Nigeria’s oil refining industry recorded…
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FG says Nigeria’s 4.43% GDP growth puts $1tn economy target within reach
Finance Ministry says stronger performance across manufacturing, agriculture and services signals broader-based economic expansion…. The Federal Government says Nigeria is…
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Nigeria’s power sector contracts 10.63% in Q2 despite broader GDP growth
Electricity, gas, steam and air-conditioning supply records second straight quarterly contraction as structural challenges weigh on output…. Nigeria’s electricity, gas,…
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Oil prices rise as Trump threatens fresh strikes against Iran
Renewed US-Iran tensions over the Strait of Hormuz fuel concerns over supply disruptions, inflation and higher interest rates…… Oil prices…
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