Friday, August 28, 2026

Economy

August 5, 2026

Flutterwave’s Gabriel Ologunwa says Africa within reach of real-time cross-border payments

Mr Ologunwa said, “We’re closer than many people think. The technology already exists, and the momentum is here.

Flutterwave's Gabriel Ologunwa, others at the Nigeria Fintech Forum
August 5, 2026

NAICOM presents new licence certificates to recapitalised insurers

NAICOM has given new licence certificates to insurance companies after recapitalisation.

Insurance companies in Nigeria
August 5, 2026

Crown Takaful shares N100 million to customers

Crown Takaful Insurance Limited, Nigeria’s ethical insurance company, has approved the sharing of N100.9 million in total surplus distribution to its participants.

Crown Takaful Insurance Limited
August 5, 2026

U.S., Iran having ‘very good discussions’ to end five-month-old war, says Trump

“They had an all-day negotiation,” Mr Trump told Fox News, adding that the Strait of Hormuz “is going to be open very soon”.

Donald Trump official potrait
August 5, 2026

Donald Duke rubbishes Tinubu’s Lagos-Calabar coastal highway, says it will stop at Epe

“There is already road to Calabar. I have driven from Lagos to Calabar about seven times. If the road is poor, fix it,” Mr Duke said.

Donald Duke and PRP logo
August 5, 2026

Novo Nordisk raises 2026 forecast after Wegovy pill sales profit

This followed a strong adjusted second-quarter profit driven by sales of a new Wegovy weight-loss tablet, which launched in January in the U.S. and was recently approved in Europe.

Wegovy
August 5, 2026

AVA Capital highlights market integrity challenges

AVA Capital has identified integrity concerns and inadequate capital market literacy as major obstacles hindering the growth of Nigeria’s financial and capital market.

AVA Capital
August 5, 2026

Court freezes WEMPCO accounts as executives face jail over ₦61.45 billion UBA debt

The judge issued a stern notice of the consequences of disobedience to the court order, warning that the company’s key executives could face imprisonment for contempt.

UBA, WEMPCO
August 4, 2026

Forex stable, $52.5 billion reserves signal recovery: CBN

Mr Cardoso attributed the improvement to disciplined monetary tightening, exchange rate reforms, and improved market transparency.

Central Bank of Nigeria Logo
August 4, 2026

Stock market reverses gains as investors lose N599 billion

The market breadth closed negative, recording 40 losers against 13 gainers.

Stock Market