
United Nigeria Airlines Raises N22bn In First Airline CP
United Nigeria Airlines raised N22bn in Nigeria's first airline commercial paper issuance, an oversubscribed debut tranche of a N100bn programme backed by investment-grade ratings.
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United Nigeria Airlines raised N22bn in Nigeria's first airline commercial paper issuance, an oversubscribed debut tranche of a N100bn programme backed by investment-grade ratings.

Will Jawando, Junior Ezeonu, Oye Owolewa and Carol Kazeem won offices in the US midterms while Georgia's Segun Adeyina still leads his race, extending Nigerian diaspora political power.

President Trump notified Congress of intent to end duty-free AGOA access for South Africa and Rwanda from January 1, 2027, in a warning for all African exporters.

Airtel Nigeria has launched an Open Network initiative to publish network quality and coverage information, opening a transparency race in the Nigerian telecom market.

Samsung and SK Hynix fell more than 4.5 percent before recovering as the Democratic US midterm sweep raised, then moderated, fears of binding AI and data-centre regulation.

Democrats won both chambers of Congress in the US midterms, sending markets on an overnight whipsaw before stocks and the dollar recovered as investors priced in veto limits.

Nigerian banks raised average prime lending rates in eight key sectors including agriculture, construction and manufacturing despite successive cuts to the central bank policy rate.

The World Bank projects a further 7 percent rise in global food prices in 2027 after an estimated 10 percent increase in 2026, deepening pressure on Nigerian households.

Shell reports third-quarter adjusted earnings of $10.814bn, doubling year on year, while announcing a $5bn buyback and moving toward completing its Nigerian onshore exit.

The NGX All-Share Index slipped 0.02 percent in November first session as heavyweight profit-taking offset gains after October record month.
The Reserve Bank of Australia lifted its cash rate for a fifth time in 2026 to 4.85 percent, an eighteen-year high that hardens the global fight with inflation.

Oil prices swung violently around the 100 dollar mark after a US strike on Iran Qeshm Island revived escalation fears across the market.

An 81.9 million dollar Afreximbank loan expands Veenocks Sagamu porcelain tile plant, tripling capacity for eight African export markets.

The Central Bank of Nigeria cap card issuing shares at 25% and merchant acquiring at 15% as payments concentration becomes a systemic risk concern.

Tourba and ThriveAgric agreed to scale conservation agriculture across Nigerian farmland, pairing climate finance with the country largest smallholder network.

Fidelity Bank redeemed its 400 million dollar Eurobond at maturity, underscoring the Nigerian banking sector restored external balance-sheet strength.

JPMorgan strategists expect limited market impact from the US midterm elections as investors price policy gridlock and look past the vote.

Gold consolidates near 3,950 dollars as US-Iran escalation risks clash with stubborn interest rates punishing non-yielding assets.

Dealers project about N13.79 trillion in system inflows for November as the CBN eases open market operation mop-up intensity.

Nigeria Customs Service engaged six federal agencies in a coordinated framework against cross-border financial crimes and trade-based money laundering.

MTN Nigeria migrates MoMo onto Alipay+ while fintech revenue fell 26 percent during the platform rebuild and credit service suspension.

Dangote Group is exploring industrial investments in Egypt as the conglomerate deepens its pan-African manufacturing footprint beyond a dozen countries.

The Central Bank of Nigeria revoked the licences of 46 microfinance banks in the sector biggest clean-up protecting depositors and4 disciplining the register.

Julius Berger construction-led pre-tax profit climbs even as diversification units continue recording losses through the nine-month reporting cycle.