News from Nigeria — urgent.news

Banks urged to inject N4.65trn into MSMEs to drive economic growth

The Chartered Institute of Bankers of Nigeria (CIBN) has urged banks to deploy the N4.65 trillion raised through the recently concluded recapitalisation exercise to Micro, Small and Medium-sized…

CIBN urges banks to inject N4.65 trillion into MSMEs for economic growth.
Recapitalization concluded on March 31, 2026, with 33 lenders meeting new capital requirements.
CIBN plans to enhance MSME access to finance through forums and SME clinics.

23h ago ·dailytrust.com

World

Business summit targets $100bn investment in Nigeria

The Business Summit Group has set a target of more than $100 billion in investment commitments at the International Investors Summit Nigeria 2026, scheduled to hold in Abuja in November.

$100 billion investment target at November 2026 summit in Abuja
International investors and leaders from 50+ countries attending
Focus sectors: oil, green energy, tech, healthcare, agriculture

23h ago ·dailytrust.com

World

ARCON, stakeholders seek stronger collaboration to shape advertising

The Advertising Regulatory Council of Nigeria (ARCON) and key stakeholders in the advertising industry have called for stronger collaboration among regulators, practitioners, technology companies…

23h ago ·dailytrust.com

World

Making Risk Management a Growth Strategy in the Nigerian Pension Industry

Lolade Aiyepola The future of Nigeria’s pension industry will not be determined solely by investment performance or regulatory compliance.

23h ago ·thisdaylive.com

World

New Katsina Utd Player Dies in Training Match

The football community in Katsina State and beyond has been thrown into mourning following the sudden death of Ozoh Chinedu, a newly signed player of Katsina United Football Club and

23h ago ·thisdaylive.com

World

SuperSport Unveils Feast of Football, Sports Action

A blockbuster week of sporting action awaits DStv and GOtv subscribers, with the decisive stages of the Women’s Africa Cup of Nations (WAFCON), UEFA Super Cup, FA Community Shield and

23h ago ·thisdaylive.com

World

Modular refineries shun domestic crude over high costs

Nigerian modular refineries are shunning domestic crude oil allocations due to high costs and unrealistic commercial terms, impacting local refining effort Read More…

23h ago ·punchng.com

World

Sustain food imports due to insecurity, TUC tells govt

The TUC calls on the Nigerian government to continue food imports until insecurity is resolved, warning that halting the policy could increase food prices.

23h ago ·punchng.com

World

Fibre cuts hit 5,000 as road works intensify

Over 5,000 fibre optic cuts recorded in Nigeria in H1 2026 due to road construction. Learn how NCC is tackling these disruptions to digital services.

23h ago ·punchng.com

World

UK offers military base, air defence support to strengthen ties with Nigeria

The UK proposes military base, air defence systems, and intelligence support to strengthen its strategic defence partnership with Nigeria.

1d ago ·punchng.com

Business

FG tasks directors with digital transformation of cooperative ecosystem

Aliyu Abdullahi, the minister of state for agriculture and food security, has charged State Directors of Cooperatives across the 36 read more FG tasks directors with digital transformation of…

1d ago ·businessday.ng

World

Lebanon becomes first Arab nation to abolish death penalty

Lebanon’s parliament has voted to abolish the death penalty, becoming the first country in the Middle East and the Arab world to annul capital punishment.

1d ago ·dailypost.ng·3 outlets

World

Police arrest two suspected drug dealers in Anambra

Anambra Police arrested two suspected drug dealers in Obosi, recovering N6.2m worth of illicit drugs and cash. Read More: https://punchng.com/police-arrest-two-suspected-drug-dealers-in-anambra/

1d ago ·punchng.com

World

Investors record N1.17tn significant loss as NGX reverses gain

Investors on the Nigerian Exchange, NGX, recorded a significant N1.17 trillion loss on Tuesday as the market reversed its four-session bullish run.

1d ago ·dailypost.ng

World

‘Don’t ever argue with me’ – Davido scolds Israel DMW for resisting his order [VIDEO]

Nigerian musician, Davido, has rebuked his logistic manager, Israel DMW, for resisting his directive. A trending video on social media, captured Davido rebuking Israel during a live stream in London.

1d ago ·dailypost.ng

World

Creative industry Nigeria’s next oil, says Lai Mohammed

Lai Mohammed states Nigeria’s creative industry is the “next oil,” with vast potential for job creation and economic growth, aiming for a $1 trillion econo Read More…

1d ago ·punchng.com

World

Police confirm 10 officers, 17 bandits killed in Kebbi gun battle

1d ago ·businessday.ng·2 outlets

World

Dangote Refinery can’t meet Africa’s fuel needs alone, FG woos fresh investors

The Federal Government has called for a fresh wave of investment in Nigeria’s oil and gas value chain, declaring that the Dangote Refinery, despite its expanding capacity, cannot single-handedly…

1d ago ·ripplesnigeria.com·2 outlets

World

Runway Row: NCAA orders arrest of Air Peace driver after Lagos airport bus incident

The Nigeria Civil Aviation Authority (NCAA) has ordered the identification and arrest of a driver alleged to have left an Air Peace bus on the airside of the Lagos airport during Tuesday’s industrial…

1d ago ·ripplesnigeria.com

World

Fadahunsi explains ‘kill Accord’ remark, says he meant defeat party at polls

Senator Francis Fadahunsi, representing Osun East Senatorial District, has moved to clarify a controversial remark attributed to him in a viral video, insisting that his reference to “killing” the…

1d ago ·ripplesnigeria.com

Finance & Markets

Top 10 African startup cities in 2026, Lagos leads as Cape Town surges

In this article, Nairametrics examines the 10 highest-ranked African cities based on data from StartupBlink's Global Startup Ecosystem Index 2026.

Lagos leads as Africa's top startup city in 2026, with 20.2% growth
Cape Town surges, moving up 24 places to become South Africa's startup capital
Tunisia's ecosystem expands 36.6%, ranking 2nd in North Africa behind Egypt

1d ago ·nairametrics.com

Finance & Markets

Five investors corner 65% of IEI’s N25.84 billion public offer

Just five applicants accounted for more than half of the entire subscription value in International Energy Insurance Plc’s (IEI) just-concluded public offer, in which the underwriter raised the sum of N25.84 billion. The post Five investors corner 65% of IEI’s N25.84 billion public offer appeared first on Nairametrics .

1d ago ·nairametrics.com

Science

Access Holdings Deepens Sustainable Finance Impact, Expanding Green Assets to ₦92.14 Billion while Cutting Operational Emissions by 28.47%

Lagos, Nigeria – August 3, 2026: Access Holdings Plc has published its Sustainability Report for the year ended 31 December 2025 on the Nigerian Exchange Limited, demonstrating how the Group is translating sustainability commitments into measurable business, environmental and social outcomes.

Access Holdings expands green asset portfolio to ₦92.14 billion
Cuts operational emissions by 28.47% since 2022 benchmark
Supports 2.53 million low-income individuals with financial services

1d ago ·nairametrics.com

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