- Bitcoin Price Falls as Coldcard Exploit Dampens Sentiment
- Global Markets Indices Shift as AI Concerns Dominate Headlines
- Oil Prices Slide as US-Iran Agrees to Resume Peace Talks Again
- Nigerian Naira Gains 4.7% in 7 Months, Nears Fair Value
- Interbank Rates Mixed as Banking System Liquidity Sinks by 21%
- Bitcoin Rebounds as Michael Saylor Clarifies Strategy’s $5bn Sale Claim
- CPPE Seeks Reform of Development Finance
- Conoil Profit Rises Six Folds, Margin Expands
Author: Ogochukwu Ndubuisi
Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.
WHO Initiates Clinical Trial for New Ebola Treatment in DR Congo A major international clinical trial aimed at finding effective treatments for Bundibugyo virus disease (BVD), a rare form of Ebola, has commenced in the Democratic Republic of the Congo (DRC). The World Health Organization (WHO) said this in a statement on Thursday. The development, according to the statement, raises hopes for improved survival during the country’s ongoing outbreak. “The Platform Adaptive Randomised Trial for New and Repurposed Filovirus Treatments (PARTNERS) began enrolling patients on Thursday. “To assess whether two antiviral therapies, monoclonal antibody MBP134 and the antiviral drug remdesivir…
FG Clears N39.6bn Pension Arrears The Federal Government has cleared N39.6 billion in longstanding pension arrears, providing relief to thousands of retirees under the Defined Benefit Scheme (DBS). The development was announced in a statement issued by Efe Ovuakporie, Head, Information and Public Relations, Federal Ministry of Finance, on Friday in Abuja. Ovuakporie stated that this was disclosed when the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, received the Executive Secretary of the Pension Transitional Arrangement Directorate (PTAD), Tolulope Odunaiya, on a briefing According to Odunaiya, the payments covered inherited pension liabilities owed to retirees…
Google Play Launches $1m Fund to Boost African Game Developers Google Play on Friday inaugurated a one-million-dollar Indie Games Fund to support emerging game developers across 32 African countries with funding, technical support, and mentorship. The Managing Director for Europe, the Middle East and Africa at Google Play, Mr Ben Wilson, said in a statement that the initiative reflected Google’s commitment to nurturing Africa’s growing gaming ecosystem. Wilson said that Africa’s creative talent had produced a vibrant game development community, but limited access to capital had constrained many promising studios. He said that bringing this fund to the continent underscored…
Canada, Nigeria Trade Reaches C$3.2bn as LBS Advocates Deeper Partnership The Lagos Business School (LBS) has called for deeper Canada-Nigeria economic collaboration as bilateral trade between both countries reached C$3.2 billion in 2025 amid shifting global trade dynamics. The Dean of LBS, Prof. Olayinka David-West, made the call on Thursday in Lagos during a fireside chat with the Deputy High Commissioner of Canada to Nigeria, Mr Carlos Rojas-Arbulu. The event had the theme: “Leading Africa’s Future: Business, Purpose, and the Canada-Nigeria Partnership.” David-West said Canada had become one of the leading destinations for Nigerians seeking education, business opportunities and migration,…
WHO Declares Hantavirus Outbreak Over, Warns of Escalating Ebola Crisis World Health Organization (WHO) has officially declared the recent Hantavirus outbreak over. The declaration was made after the final person exposed aboard the cruise ship MV Hondius completed quarantine, tested negative, and returned home. Speaking during an online briefing on Thursday, WHO Director-General, Dr Tedros Ghebreyesus, said that no new infections have been recorded since May 25, marking the end of the international public health response to the outbreak. According to him, the outbreak resulted in a total of 13 confirmed cases and three deaths. “Health authorities successfully identified and…
Dangote Cement Targets 80Mta Capacity, 10Mt Exports by 2030 Dangote Cement Plc says it is accelerating its pan-African expansion, targeting 80 million tonnes of annual production capacity and 10 million tonnes of cement and clinker exports by 2030. The Chairman of the company, Mr Emmanuel Ikazoboh, disclosed this at the 17th Annual General Meeting of the company on Thursday in Lagos. Ikazoboh said the expansion strategy was driven by rapid urbanisation, infrastructure development, housing deficits and population growth across Africa. According to him, the company is positioning itself to play a leading role in Africa’s industrialisation. He said the commissioning…
NPA Expects 33 Ships Carrying Petroleum Products, Food Items No fewer than 33 ships laden with petroleum products, food items, and other goods are expected to arrive at the Apapa, Lekki Deep Sea, and Tincan Island ports in Lagos. The Nigerian Ports Authority (NPA) disclosed this in its Daily Shipping Position released on Thursday. It said that the arrival would be between July 2 and July 10. According to NPA, 12 of the expected vessels will berth with containers carrying different goods, while the remaining 21 ships are expected to carry bulk urea, petrol, general cargo, crude oil, fresh fish,…
Customs LFTZ Command Records N408.8bn Revenue in 2026 Half Year Lagos Free Trade Zone (LFTZ) Command of the Nigeria Customs Service has generated N408.8 billion in revenue between January and June 2026. The Customs Area Controller (CAC), Comptroller Hauwa Abubakar, disclosed this at a news conference and stakeholders’ sensitisation programme held on Thursday in Lekki. Abubakar said the figure represented 28.85 per cent increase over the N317.3 billion collected during the corresponding period of 2025. Abubakar said the command surpassed the previous year’s performance by N91.5 billion, attributing the growth to improved compliance, operational efficiency and sustained engagement with stakeholders…
BOI Unveils Maiden Impact Report, Disburses N644.9bn, Records 1.68m Jobs in 2025 The Bank of Industry (BoI) has unveiled its maiden 2025 Annual Development Impact Report, with Managing Director Dr Olasupo Olusi describing the year as a defining moment in Nigeria’s banking history. Olusi, at the unveiling of the report on Thursday in Abuja, said 2025 marked the first full year of executing BOI’s 2025-2027 Corporate Strategy. According to him, it is also the year the institution deliberately shifted from measuring success by disbursement volumes to measuring the development impact created. He disclosed that the bank disbursed a total of…
FG Moves to Operationalise Digital Postcode System The Federal Government has reaffirmed its commitment to the nationwide adoption of the National Digital Alphanumeric Postcode System to improve governance, strengthen service delivery and accelerate Nigeria’s digital transformation. The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, said this on Thursday in Abuja at a stakeholder workshop on the operationalisation of the Nigerian Digital Postcode for Ministries, Departments and Agencies (MDAs). Tijani, represented by the Permanent Secretary in the ministry, Mr Nadungu Gagare, described the digital postcode as a critical national digital public infrastructure that would support smarter governance and…
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