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September 22, 2026 - 4:35 PM

Business

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Nigeria’s Canada Trade Surplus Ends As Exports Plunge 99.6%

Nigeria’s trade surplus with Canada ended a 16 month run in June 2026, after exports to the North American country plunged 99.55% to N1.54...

Afreximbank, ATDC Sign $500 Million Facility To Boost African Trade

The African Export Import Bank and Africa Trading and Distribution Company have signed a $500 million Global Credit Facility to strengthen commodity trade and...

Naira Stays Near N1,329/$ For Four Straight Sessions

The naira has largely been stable around N1,329/$ for four days in a row, the longest time since July 2025.   The Nigerian Foreign Exchange Market...

World Bank Names Nobel Laureate Michael Kremer As New Chief Economist

Nobel laureate Michael Kremer has been appointed as the new Chief Economist and Senior Vice-President for Development Economics of the World Bank Group. World Bank...

Dangote Plans Over $10 Billion Power Investment As Steel Project Faces Review

Aliko Dangote has revealed plans to invest more than $10 billion in Africa’s power sector, with the billionaire suggesting that the group could redirect...

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