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News - Page 748

Water Crisis, Police Shooting Fuel Worst Unrest in Mauritius since 1999

October 14, 2026

Mauritius lifted an overnight curfew on Wednesday after a police shooting intensified protests over water shortages and rising living costs, triggering violent clashes that authorities described as the island’s worst unrest since

Finance & Economy·News·Top Stories

Nigeria Shifts From Economic Stabilisation to Investment-Driven Growth, CBN Says

October 14, 2026

Central Bank of Nigeria Governor Olayemi Cardoso said Nigerians benefit from economic stability even when they do not immediately feel its effects, as the country shifts its focus towards attracting investment, deepening

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

Business News·Markets·News

NGX: Nigerian Equity Market Rebounds After N3.54trn Rise In April

After enduring a tumultuous April where it suffered a loss of N3.54 trillion, the Nigerian equity market has bounced back, marking its first weekly gain. Investors, seeking better returns, fueled this upward trajectory, shifting focus to alternative markets. The preceding weeks were

May 6, 2024

Business News·News·Transport

Lagos-Calabar Highway Construction: Telcos Express Concern Over Disruptions Of Cables

Telecommunication companies have raised concerns over potential disruptions to connectivity as construction progresses on the 700km Lagos-Calabar Coastal Highway. This development comes on the heels of Multichoice’s announcement of a three-day technical downtime due to the ongoing project. The coastal highway, a

May 6, 2024

CPPE Highlights Why Nigerian Govt Should Review Customs FX Rate For Cargo Clearance

Business News·Markets·News

Customs Duty: Naira Depreciation Worsens As Exchange Rate Hits N1,441.53/$1

The recent increase in the exchange rate for customs duty collection to N1,441.53 to the USD has sparked concerns among stakeholders, coming at a time when the naira is experiencing significant depreciation. This new figure represents an increase of N61 from the

May 5, 2024

Nigerian Govt Spends ₦380bn On Electricity Subsidy In Q2 2024 — NERC

Business News·News·Power

Electricity Supply To Int’l Customers Shouldn’t Exceed 6% Of Available Grid Generation, NERC Orders GenCos

In its quest to prioritize electricity supply to local customers, the Nigerian Electricity Regulatory Commission (NERC) has ordered Generation Companies (GenCos) not to exceed 6 per cent of available power grid generation per hour to international customers or off-takers. The Commission made

May 5, 2024

Cryptocurrency Platforms Begin Charging 7.5% VAT On Transaction In Nigeria

Business News·Currency·News

Nigerian Govt Plans Suspension Of $57bn Crypto Businesses To Rescue Naira

Following a Monday meeting between the Securities and Exchange Commission SEC and operators of digital assets, Nigeria’s $56.7 billion peer-to-peer market in crypto is being considered for suspension by the government. Given increasing concerns about illegal activity and manipulation of the naira

May 5, 2024

Business News·News

Inflation, Housing Crisis: Lagos House Rents Rise By 100% In 4 Years

Lagos, Nigeria’s economic hub, is facing a severe housing crisis, with house rents increasing by over 100% in just four years, far outpacing stagnant incomes. This mismatch is putting immense financial pressure on residents, forcing them to cut essential spending or seek

May 5, 2024

US 2024: Trump Challenges Biden To Debates

News·World News

Biden Honors Democratic Allies With Top Civilian Honor, Takes Jabs At Trump

US President Joe Biden awarded the Presidential Medal of Freedom to 19 individuals, including Democratic allies and notable figures in culture, activism, and sports. The ceremony at the White House had clear political undertones, with Biden taking pointed digs at his election

May 4, 2024

NGX stock market. Photo credit: TheCable

Business News·Markets·News

NGX: FBN Holdings, Others Emerge Top Gainer As Market Cap Grows By 1.46%

The Nigerian Exchange Group Plc (NGX) witnessed a rise in trading activity, with FBN Holdings Plc emerging as the top gainer. The financial institution’s shares experienced an increase of approximately N238.703 billion, despite the cancellation of its extraordinary general meeting (EGM) to

May 4, 2024

News

Police Raid Criminal Hideouts In Yaba, Arrest 40 Suspects

In a coordinated effort to combat criminal activities in Lagos, the Nigerian Police Command in state, led by the Commissioner, Adegoke Fayoade, conducted a series of raids on criminal hideouts in the Yaba area. The operation, carried out by the Rapid Response

May 4, 2024

Africa·News·Sports

FIFA U-17 World Cup Qualifiers: Flamingoes To Face Burkina Faso In Bamako

Nigeria's women's U-17 national team, Flamingoes will face Burkina Faso in the first leg of the 2024 FIFA U-17 Women's World Cup qualifiers at a neutral venue, reports Prime Business Africa

May 4, 2024

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Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Iran Conflict Pushes South African Fuel Prices Sharply Higher

South Africa will raise petrol prices by more than 11%

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

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News - Page 748

Water Crisis, Police Shooting Fuel Worst Unrest in Mauritius since 1999

Nigeria Shifts From Economic Stabilisation to Investment-Driven Growth, CBN Says

NGX: Nigerian Equity Market Rebounds After N3.54trn Rise In April

Lagos-Calabar Highway Construction: Telcos Express Concern Over Disruptions Of Cables

Customs Duty: Naira Depreciation Worsens As Exchange Rate Hits N1,441.53/$1

Electricity Supply To Int’l Customers Shouldn’t Exceed 6% Of Available Grid Generation, NERC Orders GenCos

Nigerian Govt Plans Suspension Of $57bn Crypto Businesses To Rescue Naira

Inflation, Housing Crisis: Lagos House Rents Rise By 100% In 4 Years

Biden Honors Democratic Allies With Top Civilian Honor, Takes Jabs At Trump

NGX: FBN Holdings, Others Emerge Top Gainer As Market Cap Grows By 1.46%

Police Raid Criminal Hideouts In Yaba, Arrest 40 Suspects

FIFA U-17 World Cup Qualifiers: Flamingoes To Face Burkina Faso In Bamako

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Water Crisis, Police Shooting Fuel Worst Unrest in Mauritius since 1999

Nigeria Shifts From Economic Stabilisation to Investment-Driven Growth, CBN Says

Nigeria’s UN Rights Council Election Raises Stakes for Domestic Accountability

Ghana Returns 120 Nigerians in Probe of Cybercrime Networks

Iran Conflict Pushes South African Fuel Prices Sharply Higher

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Water Crisis, Police Shooting Fuel Worst Unrest in Mauritius since 1999

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