Monday, October 5, 2026

Economy

September 15, 2026

Lagosians groan as outage disrupts businesses, homes; Ikeja Electric blames TCN

“Why hasn’t there been light in Akoka since Friday midnight? Day 4 of no light. No statement. No accountability. No explanation,” a customer said.

Blackout in Lagos, Ikeja Electric
September 15, 2026

Shettima returns to Nigeria after BRICS summit in India

Nigeria became a BRICS partner country in 2025 and has since engaged the platform to strengthen South-South cooperation and broaden its relations with major emerging economies.

Shettima returns to Nigeria
September 15, 2026

Protests rock Syria over sudden fuel price hikes

Several protesters on Monday decried the Syrian government’s decision to raise fuel prices by up to 40 per cent.

Syrians protesting fuel price hike
September 14, 2026

Africa’s Biggest IPO: Dangote promises strong returns, generational wealth for investors

The IPO has been structured to encourage broad participation, with 4.1 billion ordinary shares offered at N525 per share. 

Aliko Dangote and others at the event
September 14, 2026

South Africa leverages BRICS membership to entice investors 

President Cyril Ramaphosa’s government said it was working to restore direct flights between India and South Africa.

Cyril Ramaphosa
September 14, 2026

FG-IFAD project contributes $68.7 million to Nigeria’s economy

Mr Sanni said the project, implemented in nine Niger Delta states, had contributed 130,744 metric tonnes to food security and created 23,751 jobs for women and youth.

IFAD
September 14, 2026

Ondo assembly warns LGs against diverting IGR

Ondo State House of Assembly warned officials in the 18 local government areas against diverting IGR for personal use.

Ondo assembly speaker, Olamide Oladiji
September 14, 2026

China rejects U.S. tech leaders’ calls to slow AI development over security risks

Guo Jiakun, China’s Foreign Ministry spokesman, said fighting further development will make it difficult for other nations to set safety standards in the sector.

Artificial Intelligence
September 14, 2026

Nigeria, India seek $15 billion bilateral trade, renewed crude sales

Nigeria and India agreed to deepen their strategic economic relationship, as India seeks to resume purchases of Nigerian crude oil.

Vice President Kashim Shettima and Indian Prime Minister Narendra Modi and others
September 14, 2026

President Faye, IMF chief to discuss Senegal’s economic reforms in Washington

Mr Faye arrived in Washington on Monday for a two-day working visit scheduled to end on September 15.

Bassirou Faye and Kristalina Georgieva