# corporate update (news sources) — RSS Amplifier Recent posts from the 1 feeds in the RSS Amplifier directory that cover corporate update. Page: Feed: --- ## [CPPE warns against reversing reforms, says Nigeria must turn stability into jobs](https://nairametrics.com/2026/08/23/cppe-warns-against-reversing-reforms-says-nigeria-must-turn-stability-into-jobs/) _2026-08-23 · Olalekan Adigun · Nairametrics_ The Centre for the Promotion of Private Enterprise (CPPE) has warned that reversing Nigeria’s economic reforms would damage the economy and urged the government to shift its focus from macroeconomic stabilisation to productivity, jobs and improved living standards. The post CPPE warns against reversing reforms, says Nigeria must turn stability into jobs appeared first on Nairametrics . ## [Nigeria’s creatives lose half their workweek to admin, payment delays, report finds](https://nairametrics.com/2026/08/23/nigerias-creatives-lose-half-their-workweek-to-admin-payment-delays-report-finds/) _2026-08-23 · Emmanuel Azubuike · Nairametrics_ Nearly one in five Nigerian creative professionals spend more than half of their weekly working time on non-creative administrative tasks, limiting the time available for actual creative work, according to a new report by NECLive. The post Nigeria’s creatives lose half their workweek to admin, payment delays, report finds appeared first on Nairametrics . ## [South Africa’s richest man, Johann Rupert, is $1.3 billion richer in 2026](https://nairametrics.com/2026/08/23/south-africas-richest-man-johann-rupert-is-1-3-billion-richer-in-2026/) _2026-08-23 · Deborah Dan-Awoh · Nairametrics_ Johann Rupert, South Africa’s richest person, has added $1.3 billion to his fortune in 2026, as his wealth continues to be tied closely to the performance of luxury goods and investment businesses. The post South Africa’s richest man, Johann Rupert, is $1.3 billion richer in 2026 appeared first on Nairametrics . ## [Boko Haram, Lakurawa exploit Nigeria’s security gaps as threats spread, SBM warns](https://nairametrics.com/2026/08/23/boko-haram-lakurawa-exploit-nigerias-security-gaps-as-threats-spread-sbm-warns/) _2026-08-23 · Olalekan Adigun · Nairametrics_ Nigeria’s security crisis is widening as insurgent groups, criminal gangs and politically linked armed actors continue to exploit gaps in state security across several regions, according to SBM Intelligence. The post Boko Haram, Lakurawa exploit Nigeria’s security gaps as threats spread, SBM warns appeared first on Nairametrics . ## [Apapa Customs records N28.1 billion in single-day revenue](https://nairametrics.com/2026/08/23/apapa-customs-records-n28-1-billion-in-single-day-revenue/) _2026-08-23 · Caleb Obiowo · Nairametrics_ The Nigeria Customs Service (NCS), Apapa Area Command, recorded N28.1 billion in revenue in a single day on August 18, 2026, setting a new record for the command. The post Apapa Customs records N28.1 billion in single-day revenue appeared first on Nairametrics . ## [Bitcoin surges to highest level since May as US policy fuels crypto rally](https://nairametrics.com/2026/08/23/bitcoin-surges-to-highest-level-since-may-as-us-policy-fuels-crypto-rally/) _2026-08-23 · Olumide Adesina · Nairametrics_ Bitcoin (BTC) is seeing a big macro-driven breakout, through the $78K mark for its best price since May. Bitcoin posted its best weekly gain in more than three years as traders assess the fallout from a recent spike in bond yields and fiscal consolidation in the world's largest economy The post Bitcoin surges to highest level since May as US policy fuels crypto rally appeared first on Nairametrics… ## [Best performing Nigerian stocks for the week ended August 21, 2026](https://nairametrics.com/2026/08/23/best-performing-nigerian-stocks-for-the-week-ended-august-21-2026/) _2026-08-23 · Kelechi Mgboji · Nairametrics_ Nigerian equities extended their correction for a second straight week, with the benchmark NGX All-Share Index (ASI) declining 3,268.04 points, or 1.35%, to close at 239,351.16 points, down from 242,619.20 points the previous week, as broad-based weakness across banking, oil & gas, insurance, and growth stocks continued to weigh on the market. The post Best performing Nigerian stocks for the week… ## [Navy dismantles 3 illegal refineries, recovers 91,000 litres of crude oil in Rivers](https://nairametrics.com/2026/08/23/navy-dismantles-3-illegal-refineries-recovers-91000-litres-of-crude-oil-in-rivers/) _2026-08-23 · Olalekan Adigun · Nairametrics_ The Nigerian Navy, under Operation DELTA SENTINEL, has dismantled three illegal refining sites in the Okolomade and Ogbogolo areas of Rivers State and recovered approximately 91,000 litres of suspected stolen crude oil. The post Navy dismantles 3 illegal refineries, recovers 91,000 litres of crude oil in Rivers appeared first on Nairametrics . ## [Canada ends U.S. trade talks as Carney announces dollar-for-dollar tariffs](https://nairametrics.com/2026/08/22/canada-ends-u-s-trade-talks-as-carney-announces-dollar-for-dollar-tariffs/) _2026-08-22 · Caleb Obiowo · Nairametrics_ Canada has ended its latest trade negotiations with the United States and will impose dollar-for-dollar tariffs on U.S. goods in response to new American duties on Canadian products. The post Canada ends U.S. trade talks as Carney announces dollar-for-dollar tariffs appeared first on Nairametrics . ## [Africa’s top 10 airlines account for 8.08 million seats in August](https://nairametrics.com/2026/08/22/africas-top-10-airlines-account-for-8-08-million-seats-in-august/) _2026-08-22 · Caleb Obiowo · Nairametrics_ The 10 largest carriers operating in Africa accounted for 8.08 million scheduled departing seats in August 2026, highlighting the concentration of airline capacity among the largest operators in the African aviation market. The post Africa’s top 10 airlines account for 8.08 million seats in August appeared first on Nairametrics . ## [Find what they just said (Sponsored)](https://crawlproof.com/a/jT3RIiJ4CCOH) _2026-08-22 · **Sponsored**_ Surface recent public signals so you can send policy-aware, relevant outreach ## [FG approves two new satellites to cut Nigeria’s reliance on foreign infrastructure](https://nairametrics.com/2026/08/22/fg-approves-two-new-satellites-to-cut-nigerias-reliance-on-foreign-infrastructure/) _2026-08-22 · Samuel Daniel · Nairametrics_ The Federal Executive Council has approved the acquisition and deployment of two next-generation High-Throughput Communication Satellites, NIGCOMSAT-2A and NIGCOMSAT-2B. The post FG approves two new satellites to cut Nigeria’s reliance on foreign infrastructure appeared first on Nairametrics . ## [FG has invested over N3.8 trillion in IT infrastructure since 2023 — NITDA DG](https://nairametrics.com/2026/08/22/fg-has-invested-over-n3-8-trillion-in-it-infrastructure-since-2023-nitda-dg/) _2026-08-22 · Samuel Daniel · Nairametrics_ The Federal Government has invested more than N3.8 trillion in information technology infrastructure since 2023, the Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has disclosed. The post FG has invested over N3.8 trillion in IT infrastructure since 2023 — NITDA DG appeared first on Nairametrics . ## [SBM warns Plateau reprisal attacks could escalate into high-intensity conflict](https://nairametrics.com/2026/08/22/sbm-warns-plateau-reprisal-attacks-could-escalate-into-high-intensity-conflict/) _2026-08-22 · Caleb Obiowo · Nairametrics_ SB Morgen Intelligence (SBMI) has warned that continued reprisal attacks between armed Fulani and Berom/Mwaghavul groups in Plateau State could push the conflict into a high-intensity phase, particularly in Mangu Local Government Area. The post SBM warns Plateau reprisal attacks could escalate into high-intensity conflict appeared first on Nairametrics . ## [SEC proposes N1 million limit per issuer, N10 million annual cap for retail crypto investors](https://nairametrics.com/2026/08/22/sec-proposes-n1-million-limit-per-issuer-n10-million-annual-cap-for-retail-crypto-investors/) _2026-08-22 · Samuel Daniel · Nairametrics_ The Securities and Exchange Commission (SEC) has proposed limits on the amount retail investors can invest in digital asset offerings, including a N1 million cap per issuer and a N10 million aggregate limit within a 12-month period. The post SEC proposes N1 million limit per issuer, N10 million annual cap for retail crypto investors appeared first on Nairametrics . ## [Nigeria is building more data centres, but power and water could decide who survives](https://nairametrics.com/2026/08/22/nigeria-is-building-more-data-centres-but-power-and-water-could-decide-who-survives/) _2026-08-22 · Op-Ed Contributor · Nairametrics_ Nigeria's data centre market is rapidly becoming the backbone of West Africa's digital economy, and the growth is accelerating faster than most observers anticipated. The post Nigeria is building more data centres, but power and water could decide who survives appeared first on Nairametrics . ## [Sahara turns 30: What lies ahead](https://nairametrics.com/2026/08/22/sahara-turns-30-what-lies-ahead/) _2026-08-22 · Deborah Dan-Awoh · Nairametrics_ When Sahara Energy Resources launched in 1996, its focus was petroleum-product trading. Two years later, it moved its trading operations from Lagos to Geneva, Switzerland, opening a path towards an international business. The post Sahara turns 30: What lies ahead appeared first on Nairametrics . ## [NITDA: Traditional regulations can no longer guarantee Nigeria’s financial stability](https://nairametrics.com/2026/08/22/nitda-traditional-regulations-can-no-longer-guarantee-nigerias-financial-stability/) _2026-08-22 · Samuel Daniel · Nairametrics_ Nigeria’s financial stability can no longer be guaranteed through traditional regulatory approaches, and its ability to maintain the stability and integrity of the financial system increasingly depends on sovereignty over the digital infrastructure that powers it. The post NITDA: Traditional regulations can no longer guarantee Nigeria’s financial stability appeared first on Nairametrics . ## [Stanbic IBTC’s privacy judgment is a warning to every brand holding customer data](https://nairametrics.com/2026/08/22/stanbic-ibtcs-privacy-judgment-is-a-warning-to-every-brand-holding-customer-data/) _2026-08-22 · Op-Ed Contributor · Nairametrics_ On 29 July 2026, a Federal Capital Territory High Court ordered Stanbic IBTC Bank to pay N15 million in general damages to two former customers, David Ogundipe and Salami Tolulope Ibrahim. The post Stanbic IBTC’s privacy judgment is a warning to every brand holding customer data appeared first on Nairametrics . ## [FG moves to reshape Nigeria’s 339 innovation hubs with new framework](https://nairametrics.com/2026/08/22/fg-moves-to-reshape-nigerias-339-innovation-hubs-with-new-framework/) _2026-08-22 · Samson Akintaro · Nairametrics_ The Federal Government, through the National Information Technology Development Agency (NITDA), is developing a National Innovation Hub Standards Framework to establish common standards for innovation hubs across Nigeria and strengthen their capacity to support startups, entrepreneurs and technology-driven businesses. The post FG moves to reshape Nigeria’s 339 innovation hubs with new framework… ## [10 countries where immigrants can get work visas more easily in 2026](https://nairametrics.com/2026/08/22/10-countries-where-immigrants-can-get-work-visas-more-easily-in-2026/) _2026-08-22 · Deborah Dan-Awoh · Nairametrics_ For foreign nationals looking to build careers abroad, the difficulty of securing a work visa can vary widely depending on the destination, profession and type of visa. The post 10 countries where immigrants can get work visas more easily in 2026 appeared first on Nairametrics . ## [AI publishing with human taste (Sponsored)](https://crawlproof.com/a/xao36CMFTzIY) _2026-08-22 · **Sponsored**_ Convert AI research into blogs, podcasts, and newsletters with optional human review. ## [SEC sets N30 million registration fee, up to N2 billion capital for crypto firms](https://nairametrics.com/2026/08/22/sec-sets-n30-million-registration-fee-up-to-n2-billion-capital-for-crypto-firms/) _2026-08-22 · Samson Akintaro · Nairametrics_ The Securities and Exchange Commission (SEC) has issued a wider crypto regulatory framework, proposing new registration fees and capital requirements for all digital assets providers in the country. The post SEC sets N30 million registration fee, up to N2 billion capital for crypto firms appeared first on Nairametrics . ## [UBA secures NGX approval to publish H1 2026 results by September 30](https://nairametrics.com/2026/08/22/uba-secures-ngx-approval-to-publish-h1-2026-results-by-september-30/) _2026-08-22 · Israel Ojoko · Nairametrics_ United Bank for Africa (UBA) Plc has obtained approval from the Nigerian Exchange Limited (NGX) to extend the deadline for publishing its audited financial statements for the half-year ended June 30, 2026. The post UBA secures NGX approval to publish H1 2026 results by September 30 appeared first on Nairametrics . ## [Prestige Assurance appoints Seetharaman Sivasankar as Non-Executive Director](https://nairametrics.com/2026/08/22/prestige-assurance-appoints-seetharaman-sivasankar-as-non-executive-director/) _2026-08-22 · Israel Ojoko · Nairametrics_ Prestige Assurance Plc has announced the appointment of insurance industry veteran Mr. Seetharaman Sivasankar as a Non-Executive Director on its Board. The post Prestige Assurance appoints Seetharaman Sivasankar as Non-Executive Director appeared first on Nairametrics . ## [Group challenges FG over secrecy around $5 billion Abu Dhabi financing deal](https://nairametrics.com/2026/08/22/group-challenges-fg-over-secrecy-around-5-billion-abu-dhabi-financing-deal/) _2026-08-22 · Israel Ojoko · Nairametrics_ The Alliance for Economic Research and Ethics Ltd/GTE has criticized the Federal Government’s position on transparency regarding the $5 billion Total Return Swap (TRS) facility secured from First Abu Dhabi Bank, arguing that the arrangement warrants greater public disclosure. The post Group challenges FG over secrecy around $5 billion Abu Dhabi financing deal appeared first on Nairametrics . ## [DStv, GOtv subscribers face activation delays as Premier League returns](https://nairametrics.com/2026/08/22/dstv-gotv-subscribers-face-activation-delays-as-premier-league-returns/) _2026-08-22 · Caleb Obiowo · Nairametrics_ Nigerian subscribers to MultiChoice Nigeria’s cable TV services, DStv and GOtv, have reported delays in the activation of their subscriptions despite making payments. The post DStv, GOtv subscribers face activation delays as Premier League returns appeared first on Nairametrics . ## [Tinubu’s reform scorecard: More money, same old priorities](https://nairametrics.com/2026/08/22/tinubus-reform-scorecard-more-money-same-old-priorities/) _2026-08-22 · Kalu Aja · Nairametrics_ According to the Nigerian Ministry of Finance Reform Scorecard published on finance.gov.ng, between June 2023 and December 2025, the Federal Government of Nigeria generated N20.4 trillion in incremental resources. The post Tinubu’s reform scorecard: More money, same old priorities appeared first on Nairametrics . ## [Tinubu suspends 3 permanent secretaries, orders arrest of fake agency promoter](https://nairametrics.com/2026/08/21/tinubu-suspends-3-permanent-secretaries-orders-arrest-of-fake-agency-promoter/) _2026-08-21 · Samuel Daniel · Nairametrics_ President Bola Tinubu has ordered the immediate suspension of three Permanent Secretaries and the arrest of a private individual after the Independent Corrupt Practices and Other Related Offences Commission discovered a second fake government agency illegally operating from within the Office of the Secretary to the Government of the Federation. The post Tinubu suspends 3 permanent secretaries,… ## [Naira strengthens to N1,346.90/$ as weekly FX turnover doubles to $4.5 billion in one week](https://nairametrics.com/2026/08/21/naira-strengthens-to-n1346-90-as-weekly-fx-turnover-doubles-to-4-5-billion-in-one-week/) _2026-08-21 · Olalekan Adigun · Nairametrics_ The naira strengthened by 0.84% against the US dollar at the Nigerian Foreign Exchange Market (NAFEM) this week, closing at N1,346.90/$ on Friday from N1,358.25/$ recorded on August 14. The post Naira strengthens to N1,346.90/$ as weekly FX turnover doubles to $4.5 billion in one week appeared first on Nairametrics . ## [PenCom clarifies 38% decline in pension remittances, cites one-off government payments](https://nairametrics.com/2026/08/21/pencom-clarifies-38-decline-in-pension-remittances-cites-one-off-government-payments/) _2026-08-21 · Israel Ojoko · Nairametrics_ The National Pension Commission (PenCom) has clarified that the 38% decline in pension contributions recorded in the first quarter of 2026 was largely due to exceptional Federal Government remittances made in the preceding quarter. The post PenCom clarifies 38% decline in pension remittances, cites one-off government payments appeared first on Nairametrics . ## [Africa’s next economic advantage will be seamless trade](https://nairametrics.com/2026/08/21/africas-next-economic-advantage-will-be-seamless-trade/) _2026-08-21 · NM Partners · Nairametrics_ For years, the conversation about Africa’s economic future has centred on the size of the opportunity; the demographics, the natural resources, the emerging consumer class, the entrepreneurial energy, and the rise of technology. The post Africa’s next economic advantage will be seamless trade appeared first on Nairametrics . ## [A Friend Gave You $30 (Sponsored)](https://crawlproof.com/a/GQWeUvKvXp2w) _2026-08-21 · **Sponsored**_ Sign up, deposit $5 within 30 days, and start investing with expert guidance. ## [Local investors flood NGX as domestic transactions hit record N10.68 trillion](https://nairametrics.com/2026/08/21/local-investors-flood-ngx-as-domestic-transactions-hit-record-n10-68-trillion/) _2026-08-21 · Israel Ojoko · Nairametrics_ Domestic transactions on the Nigerian Exchange Limited (NGX) rose to a record N10.68 trillion in July 2026, surpassing the total value recorded in the whole of 2025 and marking the highest level in the last 19 years. The post Local investors flood NGX as domestic transactions hit record N10.68 trillion appeared first on Nairametrics . ## [Uber hit with $966 million fine over automated driver suspensions](https://nairametrics.com/2026/08/21/uber-hit-with-966-million-fine-over-automated-driver-suspensions/) _2026-08-21 · Samson Akintaro · Nairametrics_ Uber Technologies Inc. has been fined €825 million ($966 million) by the Dutch Data Protection Authority for using automated systems to suspend and deactivate drivers’ accounts without adequately informing them or providing sufficient safeguards around automated decision-making. The penalty, which covers practices between 2020 and 2022, is the second largest fine imposed under the European \[…\] The… ## [Lagos Industrial Policy targets 10.2% manufacturing GDP contribution by 2026](https://nairametrics.com/2026/08/21/lagos-industrial-policy-targets-10-2-manufacturing-gdp-contribution-by-2026/) _2026-08-21 · Chike Olisah · Nairametrics_ The Lagos State Government has unveiled the Lagos State Industrial Policy (LSIP) 2025–2030, targeting a 10.2% contribution from the manufacturing sector to the state’s real GDP by 2026. The post Lagos Industrial Policy targets 10.2% manufacturing GDP contribution by 2026 appeared first on Nairametrics . ## [FCSC warns Nigerians against fake recruitment messages, fraudulent links](https://nairametrics.com/2026/08/21/fcsc-warns-nigerians-against-fake-recruitment-messages-fraudulent-links/) _2026-08-21 · Samuel Daniel · Nairametrics_ The Federal Civil Service Commission has warned Nigerians against unauthorised recruitment messages and links circulating on social media, WhatsApp groups, and unofficial websites. The post FCSC warns Nigerians against fake recruitment messages, fraudulent links appeared first on Nairametrics . ## [Lagos needs N6 trillion annually to fix housing crisis, GTI Capital Research shows](https://nairametrics.com/2026/08/21/lagos-needs-n6-trillion-annually-to-fix-housing-crisis-gti-capital-research-shows/) _2026-08-21 · Kelechi Mgboji · Nairametrics_ Lagos requires about N6 trillion annually to bridge its housing capital gap, as the state’s housing deficit has risen to 3.4 million units, according to findings presented at a housing and capital forum organised by GTI Group Ltd on Thursday, August 20, 2026. The post Lagos needs N6 trillion annually to fix housing crisis, GTI Capital Research shows appeared first on Nairametrics . ## [FG declares August 25 public holiday to celebrate Eid ul Mawlid](https://nairametrics.com/2026/08/21/fg-declares-august-25-public-holiday-to-celebrate-eid-ul-mawlid/) _2026-08-21 · Emmanuel Azubuike · Nairametrics_ The Federal Government has declared Tuesday, August 25, 2026, as a public holiday to mark this year’s Eid ul Mawlid, the Islamic celebration commemorating the birth of Prophet Muhammad (Peace Be Upon Him). The post FG declares August 25 public holiday to celebrate Eid ul Mawlid appeared first on Nairametrics . ## [Top 5 ways hackers breach companies in 2026, according to Verizon](https://nairametrics.com/2026/08/21/top-5-ways-hackers-breach-companies-in-2026-according-to-verizon/) _2026-08-21 · Samuel Daniel · Nairametrics_ The report also highlights a less obvious threat: ordinary employee mistakes, which can expose sensitive data without a hacker ever breaking into a system. The post Top 5 ways hackers breach companies in 2026, according to Verizon appeared first on Nairametrics . ## [Intellectual Property Workshop strengthens U.S.-Nigeria commercial ties in Music Industry](https://nairametrics.com/2026/08/21/intellectual-property-workshop-strengthens-u-s-nigeria-commercial-ties-in-music-industry/) _2026-08-21 · NM Partners · Nairametrics_ The U.S. Consulate General in Lagos convened more than 120 intellectual property (IP) policymakers, lawyers, music executives, artists, producers, distributors, and other creative industry stakeholders for a three-day workshop exploring how stronger IP protection can unlock investment, expand revenues, and create new commercial opportunities for American businesses and Nigeria’s rapidly growing… ## [Dangote offers East African countries 30% stake in planned $17 billion refinery](https://nairametrics.com/2026/08/21/dangote-offers-east-african-countries-30-stake-in-planned-17-billion-refinery/) _2026-08-21 · Emmanuel Azubuike · Nairametrics_ Aliko Dangote has offered East African countries a combined 30% equity stake in his proposed oil refinery in Kenya, potentially giving regional investors access to about $1.5 billion worth of the planned project. The post Dangote offers East African countries 30% stake in planned $17 billion refinery appeared first on Nairametrics . ## [Otedola’s net worth nears $2 billion after $500 million gain YTD](https://nairametrics.com/2026/08/21/otedolas-net-worth-nears-2-billion-after-500-million-gain-ytd/) _2026-08-21 · Deborah Dan-Awoh · Nairametrics_ Nigerian billionaire investor Femi Otedola’s net worth has risen to $1.8 billion, bringing him closer to the $2 billion milestone after adding an estimated $500 million to his fortune since the beginning of 2026. The post Otedola’s net worth nears $2 billion after $500 million gain YTD appeared first on Nairametrics . ## [ChatGPT gains access to Apple Messages, raises privacy concerns](https://nairametrics.com/2026/08/21/chatgpt-gains-access-to-apple-messages-raises-privacy-concerns/) _2026-08-21 · Deborah Dan-Awoh · Nairametrics_ OpenAI has introduced a new ChatGPT feature that allows users to control Apple’s Messages app on Mac computers, potentially creating fresh privacy concerns for Apple. The post ChatGPT gains access to Apple Messages, raises privacy concerns appeared first on Nairametrics . ## [Geregu Power confirms payment of 8th coupon on N40.08 billion bond](https://nairametrics.com/2026/08/21/geregu-power-confirms-payment-of-8th-coupon-on-n40-08-billion-bond/) _2026-08-21 · Israel Ojoko · Nairametrics_ Geregu Power Plc has confirmed the payment of the eighth coupon and part of the principal repayment due under its N40.08 billion Series 1 Fixed Rate Bond, days after concerns emerged over a default on the instrument. The post Geregu Power confirms payment of 8th coupon on N40.08 billion bond appeared first on Nairametrics . ## [FG promised cheaper transport with CNG, but fares remain high across Nigeria](https://nairametrics.com/2026/08/21/fg-promised-cheaper-transport-with-cng-but-fares-remain-high-across-nigeria/) _2026-08-21 · Olalekan Adigun · Nairametrics_ CNG operators and commuters are counting the cost of Nigeria’s switch to compressed natural gas (CNG), as lower fuel expenses have yet to translate into significantly cheaper transport fares. The post FG promised cheaper transport with CNG, but fares remain high across Nigeria appeared first on Nairametrics . ## [Lagos’ danfo reform faces a major test, experts spot the cracks](https://nairametrics.com/2026/08/21/lagos-danfo-reform-faces-a-major-test-experts-spot-the-cracks/) _2026-08-21 · Caleb Obiowo · Nairametrics_ For many Lagos commuters, using an informal bus means standing by the roadside, negotiating fares with conductors and hoping to find a vehicle that is not overcrowded or poorly maintained. The post Lagos’ danfo reform faces a major test, experts spot the cracks appeared first on Nairametrics . ## [NITDA, Budget Office launch joint committee to drive Nigeria’s National Sovereign Cloud Initiative](https://nairametrics.com/2026/08/21/nitda-budget-office-launch-joint-committee-to-drive-nigerias-national-sovereign-cloud-initiative/) _2026-08-21 · Samuel Daniel · Nairametrics_ The National Information Technology Development Agency and the Budget Office of the Federation have inaugurated a Joint Technical Committee to drive the implementation of Nigeria's National Sovereign Cloud Initiative. The post NITDA, Budget Office launch joint committee to drive Nigeria’s National Sovereign Cloud Initiative appeared first on Nairametrics . ## [Nigerian equities sell-off deepens across major sectors, wiping out N5.4 trillion in 8 days](https://nairametrics.com/2026/08/21/nigerian-equities-sell-off-deepens-across-major-sectors-wiping-out-n5-4-trillion-in-8-days/) _2026-08-21 · Kelechi Mgboji · Nairametrics_ The Nigerian equities market extended its bearish run on Thursday, August 20, 2026, as renewed selling pressure across major sectors wiped out approximately N440.33 billion on Thursday, marking the 8th consecutive trading session of losses, wiping out cumulative N5.4 trillion. The post Nigerian equities sell-off deepens across major sectors, wiping out N5.4 trillion in 8 days appeared first on… ## [10 key takeaways from Tinubu’s reform scorecard](https://nairametrics.com/2026/08/20/10-key-takeaways-from-tinubus-reform-scorecard/) _2026-08-20 · Samson Akintaro · Nairametrics_ The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Wednesday presented President Bola Tinubu administration’s reform scorecard, stating how the government’s economic reforms have affected government finances, foreign exchange reserves, investment, inflation, household welfare and economic growth. The post 10 key takeaways from Tinubu’s reform scorecard appeared… ## [Nigerian stocks slide for 7th day, but market pullback looks healthy](https://nairametrics.com/2026/08/20/nigerian-stocks-slide-for-7th-day-but-market-pullback-looks-healthy/) _2026-08-20 · Olumide Adesina · Nairametrics_ Nigeria’s stock market’s downward trend continued for the 7th day, with market valuation closing around N156 trillion on Wednesday, chopping off trillions of naira in equity value as the NGX index returned to near the 241,600-point level. This market correction is largely caused by sector rotations; domestic institutional investors and fund managers reduce their capital \[…\] The post Nigerian… ## [eTranzact revenue rises 22.6% to N16.3 billion in H1 2026](https://nairametrics.com/2026/08/20/etranzact-revenue-rises-22-6-to-n16-3-billion-in-h1-2026/) _2026-08-20 · Samuel Daniel · Nairametrics_ eTranzact International Plc grew revenue by 22.6% to N16.28 billion in the first half of 2026, as the payments company expanded its operations during the period. The post eTranzact revenue rises 22.6% to N16.3 billion in H1 2026 appeared first on Nairametrics . ## [Comercio Partners Report: 10 years of money market and living costs Part 5](https://nairametrics.com/2026/08/20/comercio-partners-report-10-years-of-money-market-and-living-costs-part-5/) _2026-08-20 · NM Press · Nairametrics_ The fifth part of Comercio Partners’ 10 Years of Money Market and Living Costs report examines the structural fiscal, security and political challenges that have shaped Nigeria’s economic performance over the past decade. The post Comercio Partners Report: 10 years of money market and living costs Part 5 appeared first on Nairametrics .