Tinubu asks US court to stop release of unredacted FBI, DEA records
President Bola Tinubu has asked a United States federal court to prevent the release of unredacted records held by the...
Afrinomics Daily
Zamfara, Sokoto, Borno lead Nigeria’s kidnapping crisis as 7,825 victims recorded in one year
Nigeria’s kidnapping crisis remained heavily concentrated in the northern part of the country over the 12 months to June 2026,...
Fitch Turns Positive on Tanzania as Reserves and Economic Growth Strengthen
Fitch Ratings has revised Tanzania’s sovereign credit outlook from stable to positive, citing stronger foreign exchange reserves, sustained economic expansion...
MTN Secures Approval for $2.2bn IHS Towers Acquisition, Faces 30% Local Ownership Requirement
MTN Group has received regulatory approval in Nigeria to proceed with its proposed $2.2 billion acquisition of the remaining stake...
Why Corporate Nigeria Can No Longer Overlook Group Life Insurance
Businesses are deliberate about protecting their physical assets. They insure office buildings, vehicles, equipment and other valuable assets because replacing...
US Removes 12-Year Security Restriction on Nigerian Vessels, Opening New Opportunities for Ports
The United States Coast Guard has lifted a 12-year Condition of Entry (CoE) imposed on vessels arriving in the United...
NGX sheds N544.5bn as banking stocks trigger sixth straight market decline
The Nigerian Exchange (NGX) extended its losing streak as investors continued to cash in on recent gains, wiping N544.5 billion...
Nigeria’s Food Inflation Climbs to 20.31% in July, Highest in 10 Months
Nigeria’s food inflation rate accelerated sharply in July 2026, rising to 20.31% year-on-year, as consumers faced renewed increases in the...
Nigeria’s Remittance Inflows Hit Record $1.29 Billion in Q1 2026
Nigeria recorded a sharp increase in inflows through International Money Transfer Operators (IMTOs) in the first quarter of 2026, with...
CBN’s OMO Reopening Could Shift Investor Funds From Stocks to High-Yield Securities
The reopening of the Central Bank of Nigeria’s Open Market Operations (OMO) securities to individual and corporate investors could intensify...
