•As foreign portfolio accounts for 95.7%  By Babajide Komolafe Capital importation  rose by 182 per cent, month-on-month to $3.37 billion in January from $1.25 billion in December, driven by a surge in foreign portfolio investment into bonds and money market instruments.  The Central Bank of Nigeria, CBN, disclosed this in its monthly economic report for January […]

By Henry Ojelu, Somtochukwu Nwabufo & Islamiyah Afolabi LAGOS — Nigeria will next week play host to some of the world’s leading arbitration experts, judges, Attorneys-General and business leaders as Lagos hosts the 10th edition of the International Chamber of Commerce, ICC, Africa Conference on International Arbitration. The high-profile conference, scheduled for June 3 to […]

By Babajide Komolafe United Bank for Africa (UBA) Plc, has deepened its longstanding relationship with the academic community and reaffirmed its commitment to innovation, youth empowerment, and nation-building by commissioning the UBA Innovation Hub and Business Office at the University of Lagos (UNILAG).  The landmark facility was commissioned by the Group Chairman, UBA, Tony Elumelu, represented […]

By Olasunkanmi Akoni Lead Visioner of Lagos4Lagos Movement and a leader of All Progressive Congress, Olajide Adediran, popularly called Jandor, the Lead Visioner of Lagos4Lagos has urged Muslims in Lagos State and Nigeria to embrace the lessons of the Eid-el-Kabir festival by promoting peace, unity, tolerance and compassion. Adediran described Eid-el-Kabir as a season that […]

The Nigerian naira traded within a narrow range against the United States dollar on Tuesday, May 26, 2026, across both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market amid continued efforts by the Central Bank of Nigeria to stabilise the foreign exchange market.