Following the mounting debt owed to electricity generation companies (GenCos), estimated at N4 trillion, the federal government on Tuesday issued an additional N729 billion bond. Together with the N501 billion bond issued in January, the two instruments constitute the N1.23 trillion Series 1 and Series 2 components of the Capital Market Multi-Instrument Issuance Programme. In…
Premier League referee, Anthony Taylor, has announced his retirement from top flight football. Taylor is standing down after 16 years, following the conclusion of the World Cup. The 47-year-old took charge of 831 fixtures in the English, European and international game. His last game was the 2026 World Cup last-16 clash between Portugal and eventual…
The Nigeria Civil Aviation Authority (NCAA) has revealed that Indigenous airline, Max Air refunded N182 million to 956 passengers in the second quarter (Q2) of 2026. The NCAA acknowledged the refunds in a post on X on Tuesday, but urged the airline to resolve passenger refund claims more promptly in line with Part 19 of…
Nigeria’s domestic investors remained the dominant force in the equities market in the first half of 2026, accounting for nearly 88 per cent of all transactions on the Nigerian Exchange (NGX), despite a gradual rebound in foreign portfolio participation. The latest Domestic and Foreign Portfolio Investment (FPI) Report released by the Nigerian Exchange Limited (NGX)…
CAPE TOWN, South Africa, July 21, 2026/APO Group/ — As demand for critical minerals accelerates and governments push to capture more value from their resources, African banks and investors are stepping into larger roles financing the projects that will define the continent’s next mining era. The latest example came in July, when Kropz subsidiary Kropz…
The Supreme Court agreed Monday to hear the case of an Alaska bush pilot claiming authorities violated his Eighth Amendment rights after they tried to seize his airplane over beer. In 2012, pilot Kenneth Jouppi was attempting to take a passenger to a remote village called Beaver, where alcohol is banned. Before the plane departed,…
