Business

Nigeria’s financial inclusion reaches 79% — EFInA

By Matthew Johnson The Enhancing Financial Inclusion and Advancement (EFInA) has released its ninth Access to Financial Services in Nigeria (A2F) Survey, showing that 79% of Nigerian adults use a financial product or service. Formal inclusion reached 73%, exceeding the 70% target under the National Financial Inclusion Strategy. EFInA’s Board Chair, Dr Agnes Olatokunbo Martins, […]
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FG engages Israeli, French firms to produce two satellites

By Yinka Kolawole, with agency report The Federal Ministry of Communications, Innovation and Digital Economy and Nigeria Communications Satellite (NIGCOMSAT) Limited have commenced engagement with Israeli and French manufacturers for the production of two next-generation communications satellites for Nigeria. NIGCOMSAT said the satellites, NigComSat-2A and NigComSat-2B, would be delivered by Israel Aerospace Industries (IAI) and Thales […]

Nigeria’s oil output wobbles after 10yrs of increase in rigs

lOutput drops 20.8% in five mature assets — Report lNigeria’s influence within OPEC+ declines lWe are committed to optimising output — Renaissance, Eni lBad omen requiring urgent steps — Experts By Udeme Akpan, Energy Editor There are indications that increased deployment of oil rigs in Nigeria has not translated into corresponding rise in crude oil production. […]

How 23 stocks beat inflation

Twenty-three stocks quoted on the Nigerian Exchange Limited (NGX) have delivered returns well above Nigeria’s inflation rate so far in 2026, providing investors with significant nominal gains despite a challenging macroeconomic environment.

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