Hafsat Ibrahim

Trade Surplus Soars 341% to ₦7.55trn in Q1 2026 – NBS

Nigeria’s merchandise trade surplus surged to ₦7.55 trillion in Q1 2026, a 340.9% increase from the previous quarter, according to the National Bureau of Statistics (NBS).

IATA Cuts African Airlines’ 2026 Profit Forecast to $100m

The International Air Transport Association (IATA) has cut its 2026 net profit forecast for African airlines to $100 million, down from the $200 million projection in December 2025.

NGX Rebounds as Stocks Add ₦514.97bn

The Nigerian Exchange (NGX) recorded a strong rebound on Monday, June 8, 2026, as bargain hunting lifted equities by ₦514.97bn, pushing market capitalization to ₦156.11 trillion.

Dangote Refinery Surpasses Capacity, Hits 700,000bpd

The Dangote Petroleum Refinery has surpassed expectations, hitting 700,000 barrels per day (bpd) in output—well above its 650,000 bpd design capacity—and confirming its status as the world’s largest single-train refinery.  

CBN, NITDA and CCC Emerge Finalists for 2026 IPRA Golden World Awards

Nigeria has recorded another major milestone on the global public relations stage as three strategic communication campaigns executed by Image Merchants Promotion Limited (IMPR) have been shortlisted as finalists for the prestigious 2026 International Public Relations Association (IPRA) Golden World Awards (GWA).

Finance Ministry Clears N700bn in Contractor Obligations

The Federal Ministry of Finance has approved payments to more than 1,240 contractors across ministries, departments, and agencies following a verification and reconciliation exercise.
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