Nairametrics

06/08/2026

Nairametrics
Nigerian manufacturers regained confidence in the business environment in the second quarter of 2026, according to the Manufacturers Association of Nigeria (MAN).

Nigerian manufacturers regained confidence in the business environment in the second quarter of 2026, according to the Manufacturers Association of Nigeria (MAN).

06/08/2026

Nairametrics
The Nigerian equities market sustained its bullish momentum on Thursday, August 6, 2026, adding N191.77 billion in market capitalization as surging demand for First HoldCo and 23 other quoted companies drove the benchmark index higher, even as declining stocks outnumbered gainers.

The Nigerian equities market sustained its bullish momentum on Thursday, August 6, 2026, adding N191.77 billion in market capitalization as surging demand for First HoldCo and 23 other quoted companies drove the benchmark index higher, even as declining stocks outnumbered gainers.

06/08/2026

Nairametrics
The Federal Government has approved the recruitment of 3,252 verified Parent-Teacher Association teachers into the federal public service.

The Federal Government has approved the recruitment of 3,252 verified Parent-Teacher Association teachers into the federal public service.

06/08/2026

06/08/2026

Nairametrics
Osun State Governor Ademola Adeleke has filed a N2 billion lawsuit against the Economic and Financial Crimes Commission (EFCC), challenging what he described as the unlawful freezing of the state’s Federal Statutory Allocation Account.

Osun State Governor Ademola Adeleke has filed a N2 billion lawsuit against the Economic and Financial Crimes Commission (EFCC), challenging what he described as the unlawful freezing of the state’s Federal Statutory Allocation Account.

06/08/2026

Nairametrics
A group of stakeholders in the digital asset ecosystem, Digital Assets Coalition, has warned that Nigeria’s virtual asset economy, currently valued at $92 billion, could face reduced investment and slower expansion because of the new tax rules introduced by the Nigeria Revenue Service (NRS).

A group of stakeholders in the digital asset ecosystem, Digital Assets Coalition, has warned that Nigeria’s virtual asset economy, currently valued at $92 billion, could face reduced investment and slower expansion because of the new tax rules introduced by the Nigeria Revenue Service (NRS).

06/08/2026

The ICPC says its investigation found that the appointment letter presented by Adeniyi Adeyemi Mathew as head of the alleged Presidential Foreign Investment Promotion Council (PFIPC) was forged and did not originate from the Presidency.

According to ICPC Chairman Dr. Musa Adamu Aliyu, SAN, the commission also found that PFIPC was never legally established, no Federal Government funds were released to it, and neither the State House nor the CBN was found to have weaknesses in their systems.

The commission recommended Adeyemi's prosecution and said investigations into his activities, bank accounts and alleged collaborators are ongoing.

06/08/2026

Nairametrics
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has released the findings of its investigation into the controversial Presidential Foreign Investment Promotion Council (PFIPC), concluding that the agency was never established by the Federal Government and that the appointment letter presented by its self-acclaimed Director-General, Adeniyi Adeyemi Mathew, was forged.

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has released the findings of its investigation into the controversial Presidential Foreign Investment Promotion Council (PFIPC), concluding that the agency was never established by the Federal Government and that the appo...

06/08/2026

Nairametrics
The Central Bank of Nigeria (CBN), acting on behalf of the Debt Management Office (DMO), has cancelled its planned August 5 Treasury Bills (NTB) auction, just two days after mopping up a combined N4.69 trillion from the banking system through back-to-back Open Market Operations (OMO) auctions.

The Central Bank of Nigeria (CBN), acting on behalf of the Debt Management Office (DMO), has cancelled its planned August 5 Treasury Bills (NTB) auction, just two days after mopping up a combined N4.69 trillion from the banking system through back-to-back Open Market Operations (OMO) auctions.

06/08/2026

Ghana’s annual inflation rate eased to 4.6% in July 2026, down from 5.3% recorded in June, marking the first slowdown in consumer price growth since March.

The latest figure was announced on Thursday by Government Statistician Alhassan Iddrisu, who attributed the moderation in inflation to easing food prices and stable exchange rate conditions.

The decline represents a significant improvement from the 12.1% inflation rate recorded in July 2025, underscoring Ghana’s continued recovery from its most severe economic crisis in decades.

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