Thursday, October 8, 2026

Economy

July 27, 2026

Global oil prices fall as Iran, U.S. pause strikes

Brent, the global benchmark for oil prices, fell 7.6 per cent to around $89.43 per barrel, while the West Texas Intermediate (WTI) crude dropped 6.7 per cent to $83.37 per barrel.

Vessels along Strait of Hormuz (Photo credit: Benoit Tessier/File Photo/Reuters]
July 27, 2026

CXMT becomes China’s most valuable company after IPO surge

The surge pushed CXMT’s market value to around 3.3 trillion yuan ($487 billion; £365 billion).

ChangXin Memory Technologies
July 27, 2026

Recapitalisation: 70% of insurers meet requirements, says NIA chairman 

Ms Nwachukwu said the insurance industry’s recapitalisation exercise had entered its final phase.

Nigerian Insurers Association
July 27, 2026

Dangote Cement deepens sustainability drive, advances green logistics, climate commitments

As part of its decarbonisation and green logistics agenda, Dangote Cement is acquiring an additional 1,500 compressed natural gas trucks to lower greenhouse gas emissions.

Dangote Cement
July 27, 2026

Kaduna riders brave rain, bad roads to keep livelihoods afloat

For many riders, however, staying away from work is not an option. They continue to navigate Kaduna’s roads daily, driven by the need to feed their families.

Motorbikes riding through flooded road
July 27, 2026

AMCON props up NTEL as divestment process begins

AMCON has reaffirmed its commitment to unlocking the full potential of Nigeria’s legacy telecommunications assets.

NTEL, AMCON
July 27, 2026

OPay unveils top 48 teams in National Innovation Challenge

OPay, a leading fintech company in Nigeria, has announced the selection of the top 48 teams for the next stage of the OPay National Innovation Challenge.

July 27, 2026

TCN foils attempted theft at Bauchi substation

TCN commended security operatives, noting that their vigilance prevented theft or damage to critical transmission infrastructure.

TCN substation
July 27, 2026

NGX Group declares N1.30 interim dividend

The Nigerian Exchange Group (NGX Group) Plc has announced an interim dividend of N1.30 per ordinary share for the six months ended June 30.

Nigeria Exchange (NGX)
July 26, 2026

U.S. Tariff: Centre tasks FG on export diversification

The centre said the new U.S. tariff underscored the need for Nigeria to build a more resilient and competitive export sector.

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