[BREAKING] Uber Exits Nigeria After 12 Years, Ends Operations Today
Ride-hailing company Uber has announced the closure of its operations in Nigeria, effective Wednesday, bringing its 12-year presence in the
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Economics
Nigeria’s Economic Growth Hits Five-Year High on War-Induced Oil Rally
Nigeria’s economy grew at its fastest pace in five years in the second quarter of 2026, helped by a sharp
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Nigeria’s Debt Outlook Upgraded to Positive by Moody’s for First Time Since 2023
Moody’s Ratings has returned Nigeria’s sovereign outlook to positive for the first time since December 2023, citing stronger foreign exchange
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Nigeria Regains Frontier Market Status as FTSE Backs T+1 Settlement
FTSE Russell says its review found no material settlement, operational or funding problems following Nigeria’s transition to a T+1 settlement
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Boko Haram Gets 90% of N7.8bn Ransom Payments Amid Nigeria’s Kidnapping Crisis
Nigeria’s kidnap economy became more lucrative in the year to June 2026, with ransom payments more than tripling to N7.78
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Continental Re Deepens East Africa Footprint With New Rwanda Office
Continental Reinsurance has expanded its East African presence after securing a licence from the National Bank of Rwanda to establish
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US Backs Move to Preserve 4,000-Year-Old Iron-Smelting Site in Nigeria with $125,000
The United States has awarded a $125,000 U.S. Ambassadors Fund for Cultural Preservation (AFCP) grant to the Center for Memories
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Oxford Economics Tips Tinubu for Second Term Despite Rising Voter Discontent
Campaigning for Nigeria’s 2027 presidential election has officially begun, with Oxford Economics forecasting that President Bola Tinubu will secure a
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Continental Re Set to Become First Listed Reinsurer on Botswana Stock Exchange
Continental Reinsurance Holdings Limited has officially opened its public offer on the Botswana Stock Exchange (BSE), paving the way for
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Nigerian Manufacturers Expect Hiring to Hit Six-Year High as Confidence Rises
Nigeria’s manufacturers expect employment conditions to reach their strongest level since 2019 in the third quarter of 2026, signalling renewed
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