The Securities and Exchange Commission (SEC) has warned Nigerians against investing in unregistered online investment schemes being aggressively promoted on social media platforms, cautioning that many of them exhibit characteristics of Ponzi schemes. The warning was contained in a public notice dated May 8, 2026, and published on the Commission’s official communication channels. According to the […]

By Yinka Kolawole The contribution of manufactured goods to Nigeria’s export basket has stagnated for four consecutive years despite a sharp rise in the country’s total export value, latest figures from the National Bureau of Statistics (NBS) have shown. The NBS data indicated that though total export value rose by 9.93 per cent year-on-year (YoY) to N85.13 […]

The Nigerian naira traded with slight fluctuations against the United States dollar across the official and parallel foreign exchange markets on Monday, May 18, 2026, as demand pressure for forex persisted.

By Udeme Akpan President of the Dangote Group, Aliko Dangote, has reaffirmed his commitment to boosting food security across Africa through large-scale fertiliser investments, declaring that the continent has the capacity to feed itself and become a net exporter of agricultural products. Dangote made this known while addressing journalists in Gode, in Ethiopia’s Somali region, during a […]

A civil society organisation, the Lygel Youths & Leadership Initiative, has called on the Ogun State Government to address what it describes as a pattern of governance gaps affecting local government administration, public procurement transparency, healthcare delivery, and border town development across the state.The group’s Executive Director, Lekan Oladapo, made the call at a press […]