FTSE Russell halts Nigeria’s frontier market upgrade
Until the reclassification this March, Nigeria had been excluded from frontier markets for 30 months, following a sharp devaluation of its currency and other FX reforms.
By Ronald AdamolekunLatest updates in Business.
Until the reclassification this March, Nigeria had been excluded from frontier markets for 30 months, following a sharp devaluation of its currency and other FX reforms.
By Ronald Adamolekun
Until the reclassification this March, Nigeria had been excluded from frontier markets for 30 months, following a sharp devaluation of its currency and other FX reforms.
By Ronald Adamolekun
Lagos, Nigeria, Wednesday, July 30, 2026 – Signal Alliance Technology Holding (SATH), one of Nigeria’s foremost technology groups, today celebrated its 30th a...
By Agency Report
The framework outlines the lender's strategy for supporting Africa's largest economy over the next six years.
By Omotoyosi Idowu
The CBN said the decision became necessary because of one or more regulatory breaches committed by the affected institutions.
By Omotoyosi Idowu
Nigeria has left about N8.83 trillion (roughly $6.15 billion) in public spending out of its recent official budgets, the International Monetary Fund (IMF) has said. The I...
By Nse Anthony-Uko
The World Bank has approved a fresh $1.25 billion loan for Nigeria under its Nigeria Actions for Investment and Jobs Acceleration (NAIJA) programme, despite growing publi...
By Gistlover Stella
…as Custom hands over N53.39bn worth of seized drugs, expired pharmaceuticals to NDLEA, NAFDAC By Efe Onodjae The Nigeria Customs Service (NCS) has uncovered an attempt t...
By Henry Oduah
Sahara Group has appointed Mrs. Folake Soetan as Managing Director, Arahas Global Oilfield Services, as the organisation accelerates its Beyond XXX agenda focused on deep...
By Ima Ekanem
From 4 to 10 July 2026, Starzs Investments Company Limited (SICL), a leading indigenous maritime and offshore logistics company, will commemorate its 40th anniversary wit...
By akintayo eribake
Popular Nigerian businessman and social commentator Isaac Fayose has raised concerns over the condition and management of some government-funded infrastructure projects, ...
By Rhoda Gistlover
Experts suggest Nigerian business leaders need greater exposure to global business models to navigate China's growing influence in trade, investment, and innovation.
By ekeminiatai
By Vincent Ujumadu The Anambra State Executive Council has approved a capital base of N200 billion for the establishment of the Anambra Development and Investment Corpora...
By Nwafor
The Chairman, Federal Civil Service Commission (FCSC), Prof. Tunji Olaopa, has urged members of the Nigerian Institute of Public Relations ( NIPR) to give attention to de...
By Ima Ekanem
After a 12-hour downpour yesterday, submerged property and roads in Lagos, bringing normal commercial. Among the worst-hit areas were Ago Palace Way in Okota and sections...
By Oboh
By Kingsley Omonobi The Nigeria Police Force has recorded a major breakthrough in its fight against violent crime with the dismantling of a notorious kidnapping syndicate...
By Nwafor
The Lagos State government has expressed determination to stop the ongoing reclamation project on the Kuramo Beach axis along the Lagos Calabar Coastal Highway embarked u...
By Oboh
By Progress Godfrey ABUJA — The Financial Reporting Council of Nigeria (FRC) says more than 50 organisations are actively working towards adopting the International Finan...
By Urowayino Jeremiah
•FTSE Russell delays Nigeria’s Frontier Market status over T+1 concerns By Peter Egwuatu The Nigerian stock market ended June on a bearish note, with investor...
By Urowayino Jeremiah
The Nigerian naira traded relatively stable against the United States dollar at both the official and parallel foreign exchange markets on Wednesday, July 1, 2026, as the...
By Henry Oduah
Wale Igbintade A Lagos State Special Offences Court sitting in Ikeja yesterday heard that an alleged fraudster, Ifoma Immanuel, and his company, Intermediate Investment H...
By Adeyinka Salami
The Federal Government has reaffirmed its commitment to reducing the risk of flooding through its Disaster Risk Reduction strategy, following a review of the 2026 Annual ...
By Adeyinka Salami
• Leads pan-African environmental clean-up across 20 African countries Nume Ekeghe and Kayode Tokede United Bank for Africa (UBA) Plc, has rewarded thousands of customers...
By Adeyinka Salami
Kayode Tokede The FTSE Russell, yesterday said it has placed its planned reclassification of Nigeria back to Frontier Market status under “further review.” The Nigerian c...
By Adeyinka Salami