Sunday, July 12, 2026

Economy

July 7, 2026

Renaissance announces discovery of large oil deposits off Nigeria’s coast

Mr Attah said preliminary evaluation showed that the well encountered about 1,000 feet of hydrocarbon-bearing column across seven reservoirs

Renaissance Africa
July 7, 2026

Investors gain N1.86 trillion as stock market extends rally 

Market capitalisation rose by 1.24 per cent, or N1.864 trillion, to close at N152.135 trillion, up from N150.271 trillion.

Trading at the stock market
July 7, 2026

Flutterwave secures investment from Circle Ventures, expands USDC payments, settlement across Africa

The investment supports Flutterwave’s effort to embed USDC settlement directly into the payment flows businesses already use today.

July 7, 2026

PenCom extends PenCare access to retirees earning N150,000

PenCom said it raised the income threshold to attract more participants.

PenCom
July 7, 2026

NRGI urges Nigeria to focus on mining sector, reduce investor risk

A report by the Natural Resource Governance Institute says Nigeria should focus on reducing investor risk in the mining sector.

Natural Resources Governance Institute
July 7, 2026

Nigerian rice farmers seek direct access to FG’s rice interventions

RIFAN has urged the federal government to channel agricultural interventions through farmers’ associations to ensure they reach genuine farmers and boost local rice production.

Rice Farmers Association of Nigeria (RIFAN)
July 7, 2026

FG to harmonise digital platforms regulations, governance frameworks

In the meantime, Mr Tijani directed that the regulatory status quo be maintained regarding internet platforms and online intermediaries.

Bosun Tijani
July 7, 2026

Shettima urges Nigerian universities to create jobs, be innovative

Vice-President Kashim Shettima says Nigerian universities must become centres of innovation, enterprise and industrialisation to accelerate economic growth.

Vice-President Kashim Shettima
July 7, 2026

Six reasons OPay’s new security features give Nigerians greater peace of mind

As digital payments become part of everyday life, keeping money safe has never been more important

OPay
July 7, 2026

Constructing service lanes on Lagos-Calabar highway not FG’s responsibility: Umahi

“It is the responsibility of the Lagos state government because the lanes would lead to estates and will also help to decongest floods,” stated the minister.

Dave Umahi directed the deployment of youths to the Lagos-Calabar Coastal Highway