Breaking news, verified updates, and major headlines shaping Nigeria and the world today. From politics and economics to global events, stay informed with zero fluff.
Fresh reports of abductions in parts of northern Nigeria, alongside the discovery of suspected human remains in a separate police operation in Abia State, have renewed attention on the country’s security challenges. More than 80 people, including farmers and women, were reportedly abducted in separate incidents in Niger and Zamfara states, according to reports published…
Investors have shown strong appetite for Central Bank of Nigeria Open Market Operations securities, submitting more than ₦6 trillion in bids at the apex bank’s latest OMO auction. The development comes amid a changing interest-rate environment and increasing activity in Nigeria’s fixed-income market. At the September 24 OMO auction, investors submitted about ₦6.09 trillion in…
Residents of Enwan community in Akoko-Edo Local Government Area of Edo State are counting their losses after heavy rainfall caused the Ojirami Dam to overflow, flooding parts of the community and disrupting daily activities. The flooding has reportedly destroyed property and businesses, while residents are now worried that continued rainfall could worsen the situation and…
Nigeria’s external earnings climbed to $20.08 billion in the second quarter of 2026, representing a significant increase from the $15.56 billion recorded in the first quarter, according to provisional balance of payments figures released by the Central Bank of Nigeria. The latest figures indicate stronger export performance during the three-month period, with crude oil, natural…
Nigeria is seeking to expand its position in the global digital economy by moving beyond traditional outsourcing and developing the skills and infrastructure required to provide higher-value artificial intelligence services. The plan was highlighted during a “Hire from Nigeria” session organised by the Nigeria Economic and Trade Advancement Programme on the sidelines of the recently…
Meta is expanding its artificial intelligence ambitions beyond consumer-facing products with the launch of Meta Enterprise Platform, a new business-focused division designed to help companies use AI to grow, automate operations and transform how they work.Meta CEO Mark Zuckerberg announced the initiative, describing it as a new major pillar of the company’s business.The platform will…
Nigeria’s securitised Ways and Means debt fell by ₦613.34 billion in the second quarter of 2026, marking the first decline in the obligation since it became part of the country’s public debt stock in 2023. Figures from the Debt Management Office showed that the balance dropped from ₦22.719 trillion in March to ₦22.106 trillion at…
Central Tokyo has recorded 34 consecutive days of rainfall, setting a new record for the longest uninterrupted rainy streak since meteorological records began in the area. The record was reached on Tuesday, September 29, after rain had continued in the Japanese capital from August 27. According to reports citing Japan’s weather agency, the latest streak…
Nigeria is seeking to move beyond traditional outsourcing and position itself as a provider of higher-value artificial intelligence and technology-enabled services to the global market. The Director-General of the National Information Technology Development Agency, Kashifu Inuwa Abdullahi, highlighted the opportunity during discussions linked to the 81st United Nations General Assembly. According to him, Nigeria’s growing…
Banking and fintech applications have become deeply embedded in Nigeria’s smartphone economy, with a new report showing that 88 per cent of smartphone users surveyed use such applications. The finding is contained in the Nigeria Smartphone Study 2025 conducted by KPMG Nigeria and Orange Group and released in September 2026. The study surveyed 13,251 respondents…