Nigerian News

Headlines from 14 Nigerian outlets, updated every 2 hours.

Business

World Bank to disburse $27 million to 20 Nigerian states in performance-based funding

A total of 20 Nigerian states will receive a combined $27 million in performance-based grants under the World Bank-supported Human Capital Opportunities for Prosperity and Equity (HOPE) Governance Programme after meeting key reform targets in education, healthcare and public financial management. Th

Nairametrics30 Jun 2026, 7:55 PM
Business

NRC grants LAMATA 15-year operating licence for Lagos metro rail network

The Nigerian Railway Corporation (NRC) has granted the Lagos Metropolitan Area Transport Authority (LAMATA) a 15-year rail operating licence covering the Lagos Red Line, Blue Line and future rail lines developed within the licence period. The post NRC grants LAMATA 15-year operating licence for Lago

Nairametrics30 Jun 2026, 7:48 PM
Business

Dangote to build port, 2,000MW power plant in Tanzania

Africa's richest man, Aliko Dangote, is set to expand his investments in Tanzania with plans to develop a port, a 2,000-megawatt coal-fired power plant and several other large-scale infrastructure projects in the East African country. The post Dangote to build port, 2,000MW power plant in Tanzania a

Nairametrics30 Jun 2026, 4:59 PM
Business

U.S. Supreme Court blocks Trump’s bid to end birthright citizenship

The U.S. Supreme Court has blocked President Donald Trump's bid to end birthright citizenship, ruling that children born in the United States to parents who are unlawfully or temporarily present in the country are citizens at birth. The post U.S. Supreme Court blocks Trump’s bid to end birthright ci

Nairametrics30 Jun 2026, 4:58 PM
Business

Nigeria’s consumer credit falls to N3.03 trillion as retail loans plunge 42%

Nigeria’s consumer credit outstanding fell by N780 billion in February 2026, as elevated lending rates and tighter borrowing conditions weighed on household demand for loans despite easing monetary conditions and stronger banking system liquidity. The post Nigeria’s consumer credit falls to N3.03 tr

Nairametrics30 Jun 2026, 4:53 PM
Business

We told you so. Now, let us fix it before August. No FTSE, No MSCI.. Period

A few weeks ago, I wrote that Nigeria had dropped a Ferrari engine into a Peugeot 504 body and was wondering why the car would not win races. I argued that T+1 was a fine destination arrived at by a reckless route, that we had compressed 2 settlement cycle changes into 8 months, and that […] The pos

Nairametrics30 Jun 2026, 4:37 PM
Business

UK proposes rules to allow Apple, Google app stores offer alternative payment options

Britain's competition regulator has proposed new rules that would allow app developers to direct users to alternative payment methods outside the app stores operated by Apple and Google, a move aimed at reducing commissions, boosting competition and lowering costs for consumers. The post UK proposes

Nairametrics30 Jun 2026, 3:52 PM
Business

Only 25% of men have healthy sperm – Experts

Only one in four men has optimal semen quality, said a Consultant Gynaecologist, Dr Victor Ajayi, quoting a 2012 study. read more Only 25% of men have healthy sperm – Experts

BusinessDay30 Jun 2026, 3:22 PM
Business

FG to seek compensation for Nigerians forced to abandon businesses in South Africa

The Nigerian government plans to engage the South African government to seek compensation for Nigerians who were forced to abandon businesses and properties amid ongoing anti-immigrant protests in the country. The post FG to seek compensation for Nigerians forced to abandon businesses in South Afric

Nairametrics30 Jun 2026, 2:57 PM
Business

African airlines post 8.9% international passenger demand growth in May

African airlines recorded an 8.9% year-on-year increase in international passenger demand in May 2026, with the region's average passenger load factor improving to 73.4%. The post African airlines post 8.9% international passenger demand growth in May appeared first on Nairametrics.

Nairametrics30 Jun 2026, 2:16 PM
Business

NCC framework: Coursera, Google Classroom may get zero-rated data in Nigeria

The Nigerian Communications Commission (NCC) is working on a new framework that will give Nigerians zero-rated access to educational websites, including platforms such as Coursera, Google Classroom, among others. The post NCC framework: Coursera, Google Classroom may get zero-rated data in Nigeria a

Nairametrics30 Jun 2026, 1:58 PM
Business

Ebola outbreak could cost Africa $3.6 billion, 328,000 jobs – UN

The United Nations has warned that the ongoing Ebola outbreak in Central and East Africa could cost the continent as much as $3.6 billion in economic output and wipe out more than 328,000 jobs if the virus spreads beyond its current hotspots. The post Ebola outbreak could cost Africa $3.6 billion, 3

Nairametrics30 Jun 2026, 1:41 PM
Business

Osimhen visits Roqqu HQ as crypto exchange plans global expansion

Super Eagles forward Victor Osimhen paid a visit to the Lagos headquarters of cryptocurrency exchange Roqqu this week, as the company outlined plans to expand into new markets and strengthen its transaction infrastructure. The post Osimhen visits Roqqu HQ as crypto exchange plans global expansion ap

Nairametrics30 Jun 2026, 1:15 PM
Business

Nigeria’s security spending trap leaves violence undefeated

For years, Nigeria’s response to insecurity has followed a familiar pattern: increase spending, deploy more forces, launch operations and hope read more Nigeria’s security spending trap leaves violence undefeated

BusinessDay30 Jun 2026, 1:07 PM
Business

The great credit shift: Why commercial papers are replacing bank loans in Nigeria

Seven months into 2026, the Nigerian debt market is witnessing an unprecedented surge in Commercial Paper (CP) issuances. It is becoming increasingly clear that corporate borrowers are snubbing traditional bank loans. If you’re wondering why, the answers aren’t far-fetched. Chief among them is the c

Nairametrics30 Jun 2026, 1:05 PM
Business

Power outages, poor internet top obstacles facing Nigerian creatives — Report

Unreliable electricity supply and poor internet connectivity have emerged as the biggest obstacles preventing Nigeria's creative industry from competing regionally and globally, according to a new report by NECLive. The post Power outages, poor internet top obstacles facing Nigerian creatives — Repo

Nairametrics30 Jun 2026, 12:21 PM
Business

Lagos-Ibadan Expressway: FG confirms failed Ibadan section, orders rebuild

The Federal Government has confirmed that the Ibadan axis of the Lagos-Ibadan expressway, which had been completed by Julius Berger, is failing very badly and has become very dangerous for vehicular movement. The post Lagos-Ibadan Expressway: FG confirms failed Ibadan section, orders rebuild appeare

Nairametrics30 Jun 2026, 12:20 PM
Business

University Press 2026 profit falls 52%, dividend rises to 18 kobo

University Press Plc has released its audited 2026 results for the period ended March 31, 2026, reporting pre-tax profit of N389.52 million, down 37.15% YoY from N619.74 million in the prior year. The post University Press 2026 profit falls 52%, dividend rises to 18 kobo appeared first on Nairametri

Nairametrics30 Jun 2026, 11:17 AM
Business

NMDPRA: Lawyers demand PIA amendment to fix regulatory overlap

Lawyers have urged the Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Rabiu Abdullahi Umar, and his team to pursue amendments to the Petroleum Industry Act (PIA) and address issues relating to regulatory overlap and stakeholder engagement.

Nairametrics30 Jun 2026, 10:54 AM
Business

Slow GDP, rising inflation, elections point to an uncertain 2026 H2

Inflation reversed direction, government borrowed more aggressively than ever, growth continued but left most Nigerians behind and the naira, against all expectations, held steady. The post Slow GDP, rising inflation, elections point to an uncertain 2026 H2 appeared first on Nairametrics.

Nairametrics30 Jun 2026, 10:42 AM
Business

Ezinne Akudo Expands Media Footprint with ‘Beyond with Ezinne’ Season 2 Launch

Entrepreneur, lawyer and 38th Miss Nigeria, Ezinne Akudo, is expanding her media footprint with the launch of Season 2 of Beyond with Ezinne, a fast-growing podcast that has become a platform for conversations around purpose, identity and personal growth.As the creator economy continues to reshape m

Nairametrics30 Jun 2026, 10:38 AM
Business

Nigeria’s oil windfall has an expiry date

Nigeria’s Oil Windfall Has an Expiry Date The post Nigeria’s oil windfall has an expiry date appeared first on Nairametrics.

Nairametrics30 Jun 2026, 8:41 AM
Business

The Akara economy: The economy Nigeria runs on but won’t fund

Nkechi Okonkwo has been awake since 3:45 in the morning. By the time most of Oshodi is still arguing with its alarm clock, she has soaked beans, queued at the neighbourhood mill, lit her coal pot, and begun producing one of the most economically efficient food products in Nigeria. An akara ball cost

Nairametrics30 Jun 2026, 8:22 AM
Business

Nigerians in South Africa seek safety at Nigerian embassy amid xenophobia fears

Dozens of Nigerians in South Africa have sought refuge at the Nigerian High Commission over fears of possible xenophobic attacks linked to planned anti-immigrant demonstrations, with many remaining stranded despite ongoing evacuation efforts by the Federal Government. The post Nigerians in South Afr

Nairametrics30 Jun 2026, 8:14 AM
Business

DMO unveils N4 trillion FGN Bond auction plan for Q3 2026

The Debt Management Office (DMO) has unveiled about N4 trillion FGN Bond auction plan for the third quarter (Q3) of 2026, covering three auction dates: July 20, August 17, and September 14, 2026. The post DMO unveils N4 trillion FGN Bond auction plan for Q3 2026 appeared first on Nairametrics.

Nairametrics30 Jun 2026, 7:38 AM
Business

Cooking gas price falls to N1,498/kg in Abuja after N2,000 peak

The price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has declined across parts of the Federal Capital Territory (FCT), providing some relief to households after months of sustained price increases. The post Cooking gas price falls to N1,498/kg in Abuja after N2,000 peak appeare

Nairametrics30 Jun 2026, 7:10 AM