Business & Finance

Nigeria’s Non-Oil Export Boom: Nearly $1 Billion in Q1 2026 Signals a New Dawn for African Trade
Chineye Egesi

Chineye Egesi

May 04, 2026

Nigeria’s Non-Oil Export Boom: Nearly $1 Billion in Q1 2026 Signals a New Dawn for African Trade

Africa’s giant is stirring and this time, it’s not crude oil leading the charge. Fresh data from the Nigeria Customs Service shows the country’s export sector surged by nearly 39% in the first quarter of 2026, hitting a staggering $925.84 million, as non-oil trade finally takes center stage.

Oil windfall vanishes, reserves plunge: Atiku Abubakar accuses Nigeria’s government of economic mismanagement
Uchechi Okporie

Uchechi Okporie

May 04, 2026

Oil windfall vanishes, reserves plunge: Atiku Abubakar accuses Nigeria’s government of economic mismanagement

Nigeria’s economic credibility is under intense spotlight after former Vice President Atiku Abubakar delivered a blistering attack on the Federal Government, questioning how a ₦5 trillion oil windfall has failed to prevent a decline in the nation’s foreign reserves.

Three Reportedly Arrested Over False Divorce Rumour About Tony Elumelu
Chineye Egesi

Chineye Egesi

May 04, 2026

Three Reportedly Arrested Over False Divorce Rumour About Tony Elumelu

Three individuals, Kingsley Akunemeihe (@Directorkem), Chigozie Success Ihebom, and John Surpruchi Nwanorue (@problemchimky), have been arrested by law enforcement authorities over their alleged involvement in the circulation of false claims about the personal life of Tony Elumelu, chairman of United Bank for Africa (UBA) Plc.

Africa’s digital gold rush: How women are turning smartphones into wealth and power
Chineye Egesi

Chineye Egesi

May 04, 2026

Africa’s digital gold rush: How women are turning smartphones into wealth and power

A quiet economic revolution is sweeping across Africa and parts of Asia driven not by government programs, but by women armed with smartphones and internet access.

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