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The Nigerian capital market operators have intensified extensive software and technological modifications across internal workflows, securing operational readiness ahead of the Nigerian capital market’s historic migration to a T+1 settlement cycle on Monday, June 1, 2026.
Nigeria’s economic think-tank, the Centre for the Promotion of Private Enterprise (CPPE) has raised concerns over the worsening state of Nigerian power sector after the electricity and gas sector contracted 15.30 per cent in the first quarter of 2026.
A total turnover of 2.398 billion shares worth ₦111.480 billion in 241,313 deals was traded this 3-day trading week by investors on the floor of the Nigerian Exchange (NGX).
Lieutenant General Mamat O. A. Cham has resigned as Chief of Defence Staff of the Gambia Armed Forces following allegations of misconduct and abuse of office.
The African Development Bank Group (AfDB) and the World Economic Forum (WEF) on Wednesday launched the Humanitarian and Resilience Investing (HRI) Roadmap for Africa to channel private investment into Africa’s most fragile economies.
African leaders have called for greater investment in energy, infrastructure, industrialisation and climate finance to accelerate the continent’s development and economic transformation.
Development finance leaders, ministers and entrepreneurs have stated that stronger regional businesses and deeper intra-African trade are critical to transforming African economies and accelerating industrialisation across the continent.
The global artificial intelligence race is rapidly becoming an energy race. As companies like Microsoft, Amazon, Google and Oracle expand hyperscale data centers to support AI workloads, electricity has become one of the industry’s biggest constraints.
The Nigerian Government and the World Bank have restructured the $500m HOPE for Quality Basic Education for All programme, cutting funding allocations tied to the construction of new classrooms, while expanding the number of states eligible for targeted interventions under the project.
Nigeria’s Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, has met with the President and Governors of the African Development Bank (AfDB) in Congo over the proposed $7bn Integrated Aviation Transformation Programme for Africa.