Sunday, October 11, 2026

Economy

June 16, 2026

Cooking gas prices may crash to N900/kg by end of 2026, says NALPGAM

Mr Inyang said the Dangote Refinery and the Nigeria LNG (NLNG) supplied about 87 per cent of Nigeria’s domestic LPG market in 2025.

Gas cylinders
June 16, 2026

NAICOM: African Alliance gets new board

NAICOM has transferred operational control of African Alliance Insurance Plc to a newly constituted Board nominated by the company’s shareholders.

African Alliance Insurance Plc
June 16, 2026

UK, LinkedIn partner to help jobseekers build careers, provide more jobs

Mr McFadden noted that young people today “are far less likely than previous generations to stay in the same career for life”.

LinkedIn
June 16, 2026

Ripple participates in Flutterwave’s Series E with strategic investment to accelerate African stablecoin payments

This investment, part of Flutterwave’s Series E funding round, sets the stage for further strategic announcements.

June 16, 2026

Afreximbank earns BBB+ investment grade rating from S&P

S&P Global Ratings has assigned the African Export-Import Bank (Afreximbank) a BBB+ investment-grade rating.

Afreximbank building
June 16, 2026

Oil stays at lower level after price drop amid U.S.-Iran deal

Oil prices did not move significantly in early trading on Tuesday.

Oil vessel
June 16, 2026

IMF chief warns of food insecurity, fuel crisis in Africa amid U.S.-Iran war shock

An overall resilient world economy masks significant differences among countries and regions. Energy importers and countries with limited policy space are most vulnerable.

Food
June 16, 2026

$59 Billion Crypto Inflows: IMF advises CBN to regulate not ban stablecoins, warns of money laundering, policy risks

Attempts to suppress stablecoin use are likely to be only partly effective. A more durable approach is to allow innovation while managing risks.

Stablecoins, CBN
June 16, 2026

Ramaphosa hails South African youths amid xenophobic attacks

The president acknowledged that South African youths face economic challenges, such as scarce jobs, limited opportunities and unemployment, which are prevalent in the country.

Ramaphosa giving inauguration speech
June 16, 2026

United Capital acquires 5% stake in NGX Group

United Capital Group has acquired a five per cent equity stake in Nigerian Exchange Group, in a move aimed at deepening its participation in Nigeria’s capital market.

United Capital Group