Nigeria and UAE traded non-oil export worth US$5bn in 2025 — Envoy
The First Abu Dhabi Bank, FAB, would soon commence operations in Lagos, a development expected to further strengthen business and investment ties between both countries.
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CBN shifts enforcement of PoS geo-fencing deadline to August 1
The circular was addressed to Deposit Money Banks, Microfinance Banks, Mobile Money Operators, Switching and Processing Companies, Payment Terminal Service Providers, Payment Solution Service Providers, Super Agents, and other licensed operators in the Nigerian payments ecosystem.
IMO to run World Maritime Day theme for two years (2026 -2027)
Emphasising on the theme, “From Policy to Practice” IMO said that the theme underscores IMO’s core mission of ensuring that the global regulatory framework it develops is not merely adopted in principle but translated into concrete national legislation, enforcement and day-to-day operations across the maritime sector.
IMO fixes Day of the Seafarer 2026 in June
The event, themed : “Carrying world trade. Carrying the risks,” will be marked on 25 June.
Nigeria’s manufacturing sector Q1 2026
The economy cannot achieve durable structural transformation without a stronger manufacturing base. Industrialization remains the most sustainable pathway to large-scale job creation, export competitiveness and inclusive growth.
AfDB appoints Keyamo to drive $7bn aviation devt programme
Keyamo is expected to drive the Integrated Aviation Transformation Program for Africa (IATP) for which African Development Bank has earmarked the sum of $7 billion.
Three Years of Robust Capital Market under my Watch – President Tinubu
In a nationwide broadcast marking his administration’s three years in office, emphasised that under his watch, the All Share Index (ASI) on the Nigerian Exchange Limited (NGX) rose from 53,000 points in 2023 to 250,000 points in 2026, while market capitalisation surged from N30 trillion to N160 trillion.
Naira to Dollar exchange rate May 27
Conversely, activity in the unofficial parallel market, commonly referred to as the black market, mirrored the stability seen in the official window. Street traders in major currency hubs, including Lagos and Abuja, are buying the greenback at an average rate of 1,410 Naira and selling between 1,420 Naira and 1,425 Naira per Dollar.
Champion Breweries to launch canning line this year, says Chairman
The company’s Chairman Imo-Abasi Jacob, disclosed this noting that the company has recorded significant growth over the last three years following the emergence of a new core investor.
FG mandates certification for HR officers in MDAs
The circular formally recognises certifications from the Chartered Institute of Personnel Management of Nigeria, alongside selected internationally recognised human resource bodies, effectively reinforcing CIPM’s central role in regulating HR practice in the country.