Economy

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NIGERIA'S STOCK MARKET IS NOW THE BEST-PERFORMING IN THE WORLD
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July 19, 2026 • 113 views

NIGERIA'S STOCK MARKET IS NOW THE BEST-PERFORMING IN THE WORLD

Bloomberg data confirms the NGX has overtaken South Korea's Kospi to lead all 92 global exchanges tracked this year, driven by financial-services stocks, FX reforms, and a pending frontier-market upgrade Photo: Premium Times — Stockbrokers on the trading floor of the Nigerian Exchange, Lagos Nigeria's stock market has become the best-performing equity market in the world in dollar terms, according to Bloomberg data tracking 92 global exchanges. The Nigerian Exchange (NGX) benchmark index has returned 67 percent year-to-date, narrowly ahead of South Korea's Kospi at 66 percent the previous global leader.

By Azeema Aliu Read More →
Nigeria is Now Airtel’s Most Valuable Growth Engine
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May 12, 2026 • 501 views

Nigeria is Now Airtel’s Most Valuable Growth Engine

Nigeria is no longer just a 'big' market; it is a 'valuable' one. For years, the story was told through the lens of sheer numbers, but recent financial shifts at Airtel Africa prove that the real story is now Average Revenue Per User (ARPU). Driven by a 70% explosion in data revenue, the Nigerian consumer is proving that even amidst economic headwinds, the hunger for digital connectivity is transforming the nation from a volume-play into a high-value tech powerhouse

By Ajayi Korede Read More →

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Kuda MFB to Expand Experience Centres Following National License Upgrade: What It Means for You
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Kuda MFB to Expand Experience Centres Following National License Upgrade: What It Means for You

Kuda MFB has secured a CBN National License upgrade, triggering a major expansion of its physical Experience Centers across Nigeria. Discover how this shift from digital-only to a hybrid banking model improves customer trust, resolves transaction issues faster, and what it means for the future of fintech in the Nigerian market.

By Ajayi Korede Read More →
Tinubu Appoints First Female Director‑General of Nigerian Law School
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Tinubu Appoints First Female Director‑General of Nigerian Law School

President Tinubu has appointed Dr. Olugbemisola Titilayo Odusote as the first female Director-General of the Nigerian Law School since its establishment. Effective January 10, 2026, this historic four-year appointment sees the former Lagos Campus Head succeed Professor Isa Hayatu Chiroma, signaling a major milestone for gender representation in Nigerian legal education

By John Fagbemi Read More →
Adebayo Ogunlesi: The African Power Broker Behind the World’s Biggest Infrastructure
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Adebayo Ogunlesi: The African Power Broker Behind the World’s Biggest Infrastructure

When conversations turn to Africans shaping the global economy from behind the scenes, Adebayo Ogunlesi stands out as one of the most influential names. Born in Nigeria, Adebayo Ogunlesi is a renowned lawyer, investment banker, and businessman. He is best known as the Founder, Chairman, and CEO of Global Infrastructure Partners (GIP), one of the world’s leading infrastructure investment firms. From Nigeria to the Global Stage

By John Fagbemi Read More →
Nigeria, US Sign $5.1 Billion Health Deal to Boost Disease Control and Healthcare Infrastructure
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Nigeria, US Sign $5.1 Billion Health Deal to Boost Disease Control and Healthcare Infrastructure

Nigeria and the United States have signed a landmark $5.1 billion health agreement under the America First Global Health Strategy on the 19th of December 2025. The five-year Memorandum of Understanding (MOU) involves a $2.1 billion commitment from the US and $3 billion in new domestic spending from Nigeria. The agreement focuses on strengthening Nigeria's healthcare

By John Fagbemi Read More →
Obi Raises Alarm Over Vote-Buying as Lawmakers Resist Reform
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Obi Raises Alarm Over Vote-Buying as Lawmakers Resist Reform

Former Nigerian presidential candidate Peter Gregory Obi has criticised members of the National Assembly for failing to criminalise vote-buying during party primaries, warning that the decision could further weaken Nigeria’s democratic process. Mr Obi, a former governor of Anambra State, made the remarks while reacting to recent legislative discussions on proposed electoral reforms. He argued that political parties form the foundation of the country’s electoral system and that malpractice at the primary level often influences outcomes in general elections.

By John Fagbemi Read More →
Pressure Mounts on Ghana President to Lead Africa’s Reparations Campaign
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Pressure Mounts on Ghana President to Lead Africa’s Reparations Campaign

Ghana’s President John Dramani Mahama has been urged to lead a renewed continental push for reparations over transatlantic slavery and colonial exploitation. The call came from an international delegation of activists, scholars, and diaspora representatives, who believe Ghana is well positioned to champion the agenda at the African Union level. Advocates argue reparations should go beyond financial compensation to include formal apologies, debt relief, and structural reforms addressing the lasting impact of historical injustices.

By John Fagbemi Read More →
Dangote Refinery Takes Crude Oil from Ghana
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Dangote Refinery Takes Crude Oil from Ghana

Africa’s largest oil refinery, the Dangote Petroleum Refinery, has received crude oil from Ghana’s Sankofa oil field, signaling a notable shift in West Africa’s energy trade. The move reflects growing regional cooperation as the refinery sources feedstock from both local and foreign suppliers amid Nigeria’s production challenges. Analysts say the development highlights the interconnected nature of the region’s energy market and aligns with AfCFTA goals to boost intra-African trade and energy self-sufficiency.

By John Fagbemi Read More →
Tinubu Propose 2026 Federal Budget to National Assembly
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Tinubu Propose 2026 Federal Budget to National Assembly

President Bola Ahmed Tinubu has commenced a series of consultations with members of the National Assembly as part of preparations for the presentation of the 2026 federal budget. The engagement is aimed at aligning executive priorities with legislative expectations, strengthening collaboration, and ensuring that the proposed budget reflects national development goals. These discussions are expected to address key policy directions, fiscal priorities, and sectoral allocations ahead of the formal budget submission to lawmakers.

By John Fagbemi Read More →

Trending in Economy

1

Nigeria, US Sign $5.1 Billion Health Deal to Boost Disease Control and Healthcare Infrastructure

721 views • December 23, 2025
2

Obi Raises Alarm Over Vote-Buying as Lawmakers Resist Reform

618 views • December 23, 2025
3

Nigeria is Now Airtel’s Most Valuable Growth Engine

501 views • May 12, 2026
4

Nigeria Is Not A Disgraced Country But A Nation That Lack Strong Structure: John Fagbemi

413 views • February 13, 2026
5

The Moniepoint Saga and the Talent Paradox: What Nigerians Are Failing to See

410 views • May 11, 2026