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The naira strengthened to N1,350 per dollar on August 17, 2026, its strongest closing level since April 22, as the currency continued to gain ground against the US dollar at the Nigerian Foreign Exchange Market (NFEM). The post Naira strengthens to N1,350/$, strongest level since April appeared first on Nairametrics.
Nairametrics | discovered by Nairametrics | Aug 18, 2026, 8:33 AM
Impact
62
Dangote Petroleum Refinery & Petrochemicals FZE has secured a $400 million underwriting commitment from investors ahead of its planned initial public offering (IPO), as the company moves closer to what could become one of Africa’s largest stock market listings. The post Dangote Refinery secures $400 million commitment ahead of $5 billion IPO appeared first on Nairametrics.
Nairametrics | discovered by Nairametrics | Aug 18, 2026, 2:01 PM
Impact
57
Fortuna Capital Limited (“Fortuna Capital” or “the Company”), a fund and asset management firm registered and regulated by the Securities and Exchange Commission, officially announces its entry into Nigeria's asset management industry with a clear mandate: to make disciplined, professionally managed investing accessible to every class of investor. The post Fortuna Capital Limited positions to redefine wealth management in Nigeria appeared first on Nairametrics.
Nairametrics | discovered by Nairametrics | Aug 18, 2026, 4:09 PM
Impact
53
Billionaire investor and Chairman of First HoldCo Plc, Femi Otedola, has increased his stake in the financial services group after acquiring an additional 147.74 million ordinary shares valued at N20.68 billion. The post Otedola raises First HoldCo stake with N20.7 billion share purchase appeared first on Nairametrics.
Nairametrics | discovered by Nairametrics | Aug 18, 2026, 12:00 PM
Impact
52
The Nigerian equities market extended its bearish trajectory into a new week on Monday, August 17, 2026, with the benchmark NGX All-Share Index (ASI) declining 0.07% to close at 242,454.65 points, down from 242,619.20 points in the previous session. The post Nigerian equities extend bearish run for fifth straight session, lose N106.24 billion appeared first on Nairametrics.
Nairametrics | discovered by Nairametrics | Aug 17, 2026, 11:16 PM
Impact
49
Dangote Petroleum Refinery and Petrochemicals has secured a $1 billion underwriting programme from investors ahead of its upcoming Initial Public Offering (IPO). The post Dangote Refinery secures $1 billion underwriting programme ahead of IPO appeared first on Nairametrics.
Nairametrics | discovered by Nairametrics | Aug 18, 2026, 5:49 PM
Impact
45
Africa’s biggest trade obstacles are occurring within countries rather than at the border, with about 60% of total trade costs coming from behind-the-border barriers, according to a World Bank report. The post World Bank: 60% of Africa’s trade costs come from within countries appeared first on Nairametrics.
Nairametrics | discovered by Nairametrics | Aug 18, 2026, 5:22 PM
Impact
44
Dangote Petroleum Refinery secures $1bn underwriting, including a $600m private placement, ahead of its planned IPO. Learn about this major African capital Read More: https://punchng.com/dangote-refinery-secures-1bn-backing-for-planned-ipo/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 5:00 PM
Impact
44
Nigeria’s foreign reserves have surged past $52.5bn, reaching a 17-year high. This growth is attributed to CBN reforms and increased investor confidence. Read More: https://punchng.com/cbn-records-over-52-5bn-foreign-reserves-says-official/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 6:53 PM
Impact
44
Standard Chartered Bank Nigeria Limited has partnered with Junior Achievement Nigeria (JAN) to expand access to digital skills training for young Nigerians through a comprehensive Digital Bootcamp Program designed to prepare participants for the rapidly evolving digital economy. The program will provide intensive, hands-on training to more than 600 young people across key locations including […] The post Standard Chartered Bank Nigeria Limited Partners Junior Achievement Nigeria to equip over 600 young Nigerians with critical digital skills appeared first on Nairametrics.
Nairametrics | discovered by Nairametrics | Aug 18, 2026, 1:47 PM
Impact
43
Governor Aiyedatiwa inspects Sabo Market in Ore after a devastating fire, promising support for victims. Investigation into the Ondo market fire is underwa Read More: https://punchng.com/photos-aiyedatiwa-assesses-ondo-market-fire-damage-as-victims-seek-aid/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 6:40 PM
Impact
43
A man has been remanded by a Ghana court for his alleged role in a foiled plot to rob three banks in Accra. Get the latest on the Ghana bank robbery case. Read More: https://punchng.com/ghana-court-remands-man-over-plot-to-rob-three-banks/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 4:40 PM
Impact
42
Regius Capital Limited has released a new sector commentary examining how financing into Nigerian agriculture has evolved and whether the increase in capital has been matched by growth in productive capacity across the sector. Titled Financing Nigeria’s Agriculture: What Five Years of Credit, Capital and Output Data Reveal, the report analyses formal agricultural financing between […] The post Regius Capital Report tests whether rising Agricultural Finance Is translating into greater productive capacity appeared first on Nairametrics.
Nairametrics | discovered by Nairametrics | Aug 18, 2026, 3:43 PM
Impact
42
A shift is taking place in the global economy. For much of the past decade, discussions about artificial intelligence centered on algorithms, semiconductors, GPUs, and data. In 2026, another factor has moved decisively to the centre of the conversation, electricity. AI companies are discovering that billions of dollars of GPUs are of limited value if […] The post From megawatts to prosperity: Rural electrification in the age of AI appeared first on Nairametrics.
Nairametrics | discovered by Nairametrics | Aug 18, 2026, 2:41 PM
Impact
41
Nigeria’s headline inflation rate declined to 15.43% in July 2026, representing a 0.48 percentage-point decrease from the 15.91% recorded in June. The post Top 10 most expensive states to live in July 2026 appeared first on Nairametrics.
Nairametrics | discovered by Nairametrics | Aug 18, 2026, 9:31 AM
Impact
40
Nigeria’s food inflation rate rose to 20.31% year-on-year in July 2026, marking its highest level since September 2025 despite a further decline in the country’s headline inflation rate. The post Food inflation hits 20.31% in July, highest in 10 months appeared first on Nairametrics.
Nairametrics | discovered by Nairametrics | Aug 18, 2026, 8:50 AM
Impact
40
Selon ces chiffres sur les trois premiers mois de l’exercice fiscal 2026-2027, l’Inde a importé environ 2,5 millions de tonnes d’urée. L’Égypte arrive en tête des fournisseurs avec 609.000 tonnes, devant l’Algérie avec 245.000 tonnes, le Nigeria avec 244.000 tonnes et la Géorgie avec 211.000 tonnes. La part algérienne représente ainsi près de 9,8% des […]
Ecotimes Algeria | discovered by Ecotimes Algeria | Aug 18, 2026, 2:34 AM
Impact
37
Anambra State Police Command arrests 49-year-old robbery suspect, Chima Ogumba, recovering a pump-action gun and 50 live cartridges. Read More: https://punchng.com/police-arrest-robbery-suspect-in-anambra-recover-arms/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 7:00 PM
Impact
32
Natasha Osawaru, 2Baba’s wife, has been named the new Minority Leader of the Edo State House of Assembly. Learn more about her new role and political journ Read More: https://punchng.com/2babas-wife-natasha-becomes-edo-assembly-minority-leader/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 6:56 PM
Impact
32
Nollywood actor Ogogo’s daughters appeal for medical help for his stage-four cancer. Also, NDLEA arrests social media influencer KC Luxury in a major cocai Read More: https://punchng.com/afternoon-recap-actor-ogogo-battles-cancer-ndlea-arrests-social-media-influencer-other-top-stories/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 6:54 PM
Impact
32
Davido describes Governor Ademola Adeleke’s Osun victory as a ‘war’ against formidable opposition, praising voters and outlining plans for youth developmen Read More: https://punchng.com/adelekes-osun-victory-was-war-against-17-govs-50-senators-davido/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 6:33 PM
Impact
32
Ogogo’s daughter debunks widespread death rumour, urging public to stop spreading fake news as veteran actor battles stage four cancer. Read More: https://punchng.com/ogogos-daughter-debunks-death-rumour/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 6:18 PM
Impact
32
The ADC collaborated with the Accord Party in the Osun election to prevent the APC from winning, says Bolaji Abdullahi. This strategic alliance led to APC’ Read More: https://punchng.com/adc-collaborated-with-accord-to-defeat-apc-in-osun-abdullahi/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 6:17 PM
Impact
32
A Tinubu support group has launched its 2027 re-election campaign with a 3,000-man walk in Lagos, mobilising grassroots support for President Bola Tinubu. Read More: https://punchng.com/tinubu-support-group-kicks-off-2027-campaign-with-3000-man-walk/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 6:15 PM
Impact
32
Peter Obi calls for peaceful, issue-based campaigns and credible 2027 elections, urging Nigerians to reject violent politicians and hold leaders accountabl Read More: https://punchng.com/obi-demands-credible-2027-polls-urges-nigerians-to-reject-violent-politicians/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 6:14 PM
Impact
32
Nigeria’s Defence Minister warns against last-minute deployments for election security, stressing the need for intelligence-led planning and continuous ass Read More: https://punchng.com/defence-minister-warns-against-last-minute-deployments-for-election-security/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 5:47 PM
Impact
32
Benue State Governor Hyacinth Alia has sent six commissioner nominees to the State House of Assembly for confirmation, aiming to strengthen his administrat Read More: https://punchng.com/alia-sends-six-commissioner-nominees-to-benue-assembly/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 5:25 PM
Impact
32
The US Coast Guard has lifted a 12-year entry restriction on US-bound ships from Nigeria, signaling improved maritime security and ISPS Code compliance. Read More: https://punchng.com/us-coast-guard-lifts-12-year-entry-restriction-on-us-bound-ships-from-nigeria/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 5:18 PM
Impact
32
Nyesom Wike states Governor Ademola Adeleke won the Osun State governorship election because President Bola Tinubu ensured a free and fair poll. Read More: https://punchng.com/adeleke-won-because-tinubu-allowed-free-fair-election-wike/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 5:17 PM
Impact
32
Nyesom Wike predicts President Bola Tinubu will have an easier path to victory in the 2027 election due to a weakened opposition. Read More: https://punchng.com/tinubus-2027-election-will-be-easier-than-2023-says-wike/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 5:11 PM
Impact
32
The DR Congo Ebola outbreak is the deadliest in the country’s history and “far from being under control,” warns WHO. Learn about the risks and spread. Read More: https://punchng.com/dr-congo-ebola-outbreak-far-from-being-under-control-who/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 4:56 PM
Impact
32
Davido laments the loss of unity among Afrobeats artistes despite the genre’s increased financial success. He reflects on the camaraderie of earlier years. Read More: https://punchng.com/video-afrobeats-more-lucrative-now-but-artistes-are-no-longer-united-davido/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 4:53 PM
Impact
32
Ondo State Ministry of Education announces cut-off marks for public secondary school admission for the 2026/2027 academic session. Read More: https://punchng.com/ondo-fixes-cut-off-marks-for-public-secondary-school-admission/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 4:44 PM
Impact
32
Delta State government assures residents that current flash flooding is under control, not major. Learn about preparedness and flood control efforts. Read More: https://punchng.com/delta-flash-flooding-under-control-says-govt/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 4:39 PM
Impact
32
The Jigawa State Government has approved N3.4 billion for education and infrastructure projects across the state. The post Jigawa approves N3.4 billion for education, infrastructure development appeared first on Nairametrics.
Nairametrics | discovered by Nairametrics | Aug 18, 2026, 2:17 PM
Impact
32
Delta State Police Command re-arrests eight of 11 suspects who escaped custody in Ughelli. Learn more about the police re-arrest operation and ongoing inve Read More: https://punchng.com/police-re-arrest-eight-of-11-suspects-who-escaped-custody-in-delta/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 4:20 PM
Impact
32
Harry Kane confirms he’s set to begin negotiations for a Bayern Munich contract extension beyond 2027. Get the latest on the star striker’s future. Read More: https://punchng.com/kane-confirms-bayern-extension-talks-set-to-start/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 4:12 PM
Impact
32
NDLEA dismantles an international cocaine trafficking cartel, arresting social media influencer KC Luxury in Lagos and seizing 184.50kg of cocaine. Read More: https://punchng.com/ndlea-busts-cocaine-cartel-arrests-social-media-influencer-kc-luxury-in-lagos/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 4:10 PM
Impact
32
The FCCPC is investigating possible manipulation of cement prices in Nigeria after finding it’s cheaper in Kenya and Togo despite local production capacity Read More: https://punchng.com/just-in-cement-cheaper-in-kenya-togo-than-nigeria-fccpc-probe/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 4:04 PM
Impact
32
Veteran actor Ogogo’s diagnosis highlights Stage 4 cancer. Learn what it means, treatment options, and how survival is possible with advancements in medici Read More: https://punchng.com/ogogo-can-someone-survive-stage-four-cancer-here-are-things-to-know/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 4:00 PM
Impact
32
FCT Minister Nyesom Wike orders demolition of houses built on Abuja waterways after recent flooding, vowing to remove all obstructions. Read More: https://punchng.com/wike-orders-demolition-of-houses-built-on-waterways-after-fct-flooding/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 3:59 PM
Impact
32
Pat Utomi reflects on the Osun election, stating it proves evil has an expiry date and highlights the importance of righteousness for national progress. Read More: https://punchng.com/osun-poll-proves-evil-has-expiry-date-says-utomi/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 3:57 PM
Impact
32
Nigeria recorded 106 violent conflict incidents resulting in 445 casualties and 256 kidnapping victims between July 26 and August 8, 2026. The post Nigeria records 256 kidnap victims, 445 casualties in two weeks – Report appeared first on Nairametrics.
Nairametrics | discovered by Nairametrics | Aug 18, 2026, 1:18 PM
Impact
32
Governor Diri charges the newly inaugurated Bayelsa Elders Council to remain objective and politically neutral in their advisory role to the state governme Read More: https://punchng.com/diri-urges-bayelsa-elders-council-to-remain-objective-politically-neutral/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 3:45 PM
Impact
31
Afrobeats star Davido reveals he was broke and struggled financially after leaving home to pursue music, despite his wealthy family background. Watch the v Read More: https://punchng.com/video-there-was-a-time-i-was-broke-davido-recalls-struggling-after-leaving-home/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 3:43 PM
Impact
31
Kwara State Police Command begins ‘Operation Velvet’ to enforce traffic laws, promote responsible driving, and improve road safety. Motorists must comply o Read More: https://punchng.com/kwara-cp-orders-strict-traffic-enforcement/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 3:35 PM
Impact
31
RCCG Overseer urges Nigerians not to pressure Pastor Adeboye to speak against President Tinubu, stating he will speak when God instructs him. Read More: https://punchng.com/dont-pressure-adeboye-to-speak-against-tinubu-rccg-overseer/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 3:29 PM
Impact
31
Five-time Grammy winner Angelique Kidjo makes history as the first African musician to get a star on the Hollywood Walk of Fame. Discover her global influe Read More: https://punchng.com/angelique-kidjo-to-become-first-african-musician-to-get-hollywood-star/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 3:29 PM
Impact
31
Former President Goodluck Jonathan warns that governors’ mass presence in off-cycle election states threatens Nigeria’s democratic stability. Learn more ab Read More: https://punchng.com/jonathan-kicks-against-govs-mass-presence-in-off-cycle-election-states/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 3:26 PM
Impact
31
OpenAI introduces ‘ChatGPT for Teens’ with stronger safeguards and monitoring, designed for users aged 13-17, amid legal pressure and safety concerns. Read More: https://punchng.com/openai-introduces-chatgpt-for-teens-amid-legal-pressure/
Punch Nigeria | discovered by Punch Nigeria | Aug 18, 2026, 3:22 PM
Impact
31