- Economy
Nigeria’s headline inflation drops to 15.43% in July 2026, says NBS
The National Bureau of Statistics (NBS) on Monday disclosed that Nigeria’s headline inflation rate declined further to 15.43per cent in July 2026, representing a 0.48 percentage-point decrease from the 15.91per cent recorded in June. The NBS in its latest figure contained in the Consumer Price Index (CPI) report showed a significant decline from the 24.94per cent recorded in July 2025.…
Read More » - Osun Decides 2026
Osun decides: APC secures landslide win in Oyebamiji’s wife’s ward
The All Progressives Congress (APC) has secured a landslide victory in the ward of the wife of its governorship candidate, Asiwaju Munirudeen Bola Oyebamiji, in the ongoing Osun State governorship election. The APC polled 563 votes against 126 votes recorded by the Accord Party at Polling Unit 003, Ward 9, AUD Primary School, Atile, in Irewole Local Government Area of…
Read More » - Business
SEC orders capital market operators to cut North Korea, Iran ties
The Securities and Exchange Commission (SEC) has ordered all capital market regulated entities in Nigeria to terminate correspondent banking relationships and restrict business dealings involving North Korea and Iran, as part of sweeping anti-money laundering and counter-terrorism financing measures that take immediate effect. The directive was disclosed in a circular to all capital market regulated entities, dated August 14, 2026. …
Read More » - Osun Decides 2026
Osun decides: Oyebamiji’s wife hails voting process, predicts victory
The wife of the All Progressives Congress (APC) governorship candidate in Osun State, Dr Sekinah Oyebamiji, has commended the conduct of the ongoing governorship election, describing the voters’ turnout as impressive and expressing confidence in her husband’s victory. Dr Oyebamiji spoke shortly after casting her ballot at Polling Unit 003, Ward 9, AUD Primary School, Atile, in Irewole Local Government…
Read More » - Osun Decides 2026
Osun decides: I am confident of victory, says Oyebamiji
The All Progressives Congress (APC) governorship candidate in Osun State, Asiwaju Munirudeen Bola Oyebamiji, has expressed confidence in his victory in the ongoing governorship election, while commending the peaceful conduct of voters, election officials and security personnel. Oyebamiji spoke shortly after casting his ballot at Ward 9, Polling Unit 011, Gantry Area, Ikire, in Irewole Local Government Area of the…
Read More » - Osun Decides 2026
Osun decides: Oyetola, Wife cast votes in Iragbiji, urges peaceful conduct
The Minister of Marine and Blue Economy and former Governor of Osun State, Dr. Adegboyega Oyetola, and his wife, Alhaja Kafayat Oyetola, have cast their ballots in the ongoing Osun State governorship election. The couple voted at Ward 1, Unit 10, in Iragbiji, Boripe Local Government Area of the state, at about 10:30 a.m. Speaking to journalists shortly after casting…
Read More » - Business
NGX trading volume surges 127% as investors exchange N176.06bn in one week
Trading activity on the nation’s bourse recorded a sharp increase in the week ended August 14, 2026, as investors exchanged 12.153 billion shares valued at N176.058 billion across 224,146 deals. The performance represents a 126.8 per cent increase in traded volume compared with the 5.359 billion shares worth N139.053 billion exchanged in 261,869 deals in the previous week. Turnover value…
Read More » - Economy
N40.09bn bond default: Agusto & Co steps away from Geregu Power’s rating
Agusto & Co has withdrawn the “A-” credit rating assigned to Geregu Power Plc and its N40.09 billion Series 1 Senior Unsecured Bond, after the company defaulted on its scheduled eighth coupon payment and fourth principal repayment This is coming amid fresh concerns about the quoted company’s near-term debt-servicing capacity, stressing that it cannot rely on Geregu Power’s financial reports…
Read More » - Uncategorized
If OPay is going public, Nigeria should be on the ticket, by Shola Akande
If Bloomberg’s reporting proves correct, OPay could ring a bell in New York before the end of the year. The payments company, built on Nigerian consumers, Nigerian agents and Nigerian transactions, has reportedly engaged Citigroup, Deutsche Bank and JPMorgan for a potential United States listing targeting a valuation of around $4 billion. That would be good news. It would be…
Read More » - Business
Talks ongoing to resolve N40.09bn bond repayment concerns, says Geregu Power
Geregu Power Plc has revealed it is engaging relevant stakeholders and advisers to resolve concerns surrounding its N40.09 billion bond repayment obligations. The development follows Geregu’s default on the eighth coupon payment and fourth bullet principal repayment of its N40.09 billion series 1 senior unsecured bond, which was raised to support the company’s funding requirements and planned expansion projects. According…
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