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List Of Countries Nigerians Can Visit Where Naira Is Stronger

Naira Remains Stable In Black Market Against Dollar, Euro, Pound — But Fluctuates In Official Window

May 18, 2026

In the black market on Monday, the foreign exchange (FX) traders exchanged the United States dollar (USD) at N1,390.78 kobo per $1, according to the parallel market aggregator, Naira Rates. According to the data released by the aggregator, the FX rate for

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

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Sovereign Insurance, Zichis, Others Drag NGX Down By N80.81bn

May 18, 2026

On Monday, the Nigerian Exchange (NGX) recorded N80.81 billion decline in the bourse’s market capitalisation. The NGX market capitalisation decreased from N160.44 trillion recorded on Friday to N160.36 trillion. This was on the back of a 126.09 basis points loss recorded by

Business News·Top Stories

Fidelity Bank’s Profit Plunges After Incurring N223bn Derivative Loss

May 18, 2026

Fidelity Bank suffered a decline in its bottom line despite a double-digit growth in topline after recording over N200 billion derivative loss between January and December 2025. According to analysis of the company’s consolidated and separate statement for the year ended December

News·Top Stories

Court Grants N100 Million Bail to El-Rufai in National Security Case

May 18, 2026

The Federal High Court in Abuja on Monday granted bail to former Kaduna State Governor, Nasir El-Rufai in the sum of N100 million, with one surety in like sum, in a case filed by the Department of State Services (DSS) over alleged

Africa·Finance & Economy·News·Top Stories

Ghana Concludes IMF bailout Programme, Shifts to Post-Support Reform Monitoring as Economic Indicators Strengthen

May 18, 2026

Ghana has officially concluded its $3 billion International Monetary Fund (IMF) Extended Credit Facility (ECF) programme and transitioned to a Policy Coordination Instrument (PCI), marking the end of its financial assistance arrangement and the beginning of a non-financing reform monitoring framework, Prime

News·Top Stories

Obi Raises Concern Over Nigeria’s Rising Debt Servicing Burden, Fiscal Priorities

May 18, 2026

Former presidential candidate of the Labour Party, Peter Gregory Obi, has raised concerns over Nigeria’s growing debt servicing obligations and what he described as an imbalance in fiscal priorities, citing figures presented by President Bola Ahmed Tinubu during a recent foreign engagement.

News·Security·Top Stories

Nigerian Military Confirms Killing of Over 20 ISWAP Fighters in Coordinated Airstrikes in North-East

May 18, 2026

The Defence Headquarters has confirmed that coordinated air operations conducted in collaboration with the United States Africa Command (AFRICOM) have resulted in the killing of more than 20 suspected ISIS/ISWAP fighters in North-East Nigeria. In a press release issued by the Director

Events·News·Top Stories

United Nigeria Airlines Names Boeing 737-800 After Obi of Onitsha in Birthday Honour

May 18, 2026

United Nigeria Airlines has named one of its newly acquired Boeing 737-800 Next Generation aircraft after the Obi of Onitsha, Nnaemeka Alfred Achebe, in honour of the monarch’s 85th birthday celebration. The airline disclosed the development in a statement issued by its

News·Politics·Top Stories

NDC Extends Deadline for Expression of Interest Forms to May 24

May 18, 2026

The Nigeria Democratic Congress (NDC) has extended the deadline for the collection of Expression of Interest Forms for aspirants seeking elective offices ahead of the 2026 elections, Prime Business Africa reports. In a statement signed by the party’s National Secretary, Ikenna Morgan

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Naira Remains Stable In Black Market Against Dollar, Euro, Pound — But Fluctuates In Official Window

Sovereign Insurance, Zichis, Others Drag NGX Down By N80.81bn

Fidelity Bank’s Profit Plunges After Incurring N223bn Derivative Loss

Court Grants N100 Million Bail to El-Rufai in National Security Case

Ghana Concludes IMF bailout Programme, Shifts to Post-Support Reform Monitoring as Economic Indicators Strengthen

Obi Raises Concern Over Nigeria’s Rising Debt Servicing Burden, Fiscal Priorities

Nigerian Military Confirms Killing of Over 20 ISWAP Fighters in Coordinated Airstrikes in North-East

United Nigeria Airlines Names Boeing 737-800 After Obi of Onitsha in Birthday Honour

NDC Extends Deadline for Expression of Interest Forms to May 24

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