Nigeria & world markets, in one feed.

Deere & Co. president Ryan Campbell sells $15.1m in common stock

Nlight president & CEO sells $16.5m in company stock

Delek US Holdings director Finnerty sells $94,267 in stock

Iran and Oman discuss temporary Hormuz corridor as impasse with US drags on

Governors spend N512bn on travels, offices

Nigerian state governors spent N512bn on Government Houses, offices, and travel in the first half of 2026, dwarfing their combined salaries. Discover the t Read More: https://punchng.com/governors-spend-n512bn-on-travels-offices/

Why is WiseTech Global stock sliding today?

Why is DroneShield stock sliding today?

FG raises N7.62tn from bond market in eight months

The Federal Government has raised N7.62tn from the domestic bond market in eight months to finance its budget. Learn more about FG bond market activities. Read More: https://punchng.com/fg-raises-n7-62tn-from-bond-market-in-eight-months/

Why is Domino’s Pizza Enterprises stock tumbling today?

U.S. stock futures fall as investors await PCE inflation, Nvidia results

Universal Insurance sues NAICOM over licence revocation

Universal Insurance Plc has taken the National Insurance Commission to court, seeking to overturn the regulator’s cancellation of its operating licence and the appointment of a receiver/provisional liquidator. The insurer disclosed the lega

Australia’s sovereign wealth fund CEO Raphael Arndt steps down

Suspected cultists kill Lagos security guard

A security guard was shot dead in a suspected Lagos cult attack in Sangotedo. Police confirm investigation into the incident. Read More: https://punchng.com/suspected-cultists-kill-lagos-security-guard/

Ogun family seeks justice over alleged police killing of ‘breadwinner’

An Ogun family demands justice and investigation into the alleged police killing of their breadwinner, Owolabi Oniyiku, in Ipokia LGA. The family seeks acc Read More: https://punchng.com/ogun-family-seeks-justice-over-alleged-police-killing

Hilltop Holdings director Bobbitt sells $388,000 in common stock

INTERPOL raids Black Axe network, arrests 58 in W’Africa

INTERPOL’s Operation Jackal IV targeted the Black Axe network and other West African crime groups, leading to 58 arrests and disrupting global financial fr Read More: https://punchng.com/interpol-raids-black-axe-network-arrests-58-in-wafric

Two in police net after fatal Kano wedding shooting

The Kano State Police Command has confirmed the arrest of two suspects following the killing of one person and the injuring of three others after one of the suspects opened fire during a wedding ceremony at Tudun Yola Quarters in the Kano m

Three kidnapped victims regain freedom in Enugu

The Enugu State Police Command has rescued three victims of abduction and recovered two locally made firearms, ammunition and other exhibits following a swift response to a reported carjacking and kidnapping in the state. The command disclo

Police kill bandit, rescue two abducted victims in Zamfara

Zamfara State Police neutralise a bandit, rescue two abducted victims, and recover an AK-47 rifle in a successful operation against banditry. Read More: https://punchng.com/police-kill-bandit-rescue-two-abducted-victims-in-zamfara/

Autonomy row: Legislature, judiciary retain financial control – Edo Speaker

Edo Speaker Yekini Idaiye clarifies that new laws do not remove financial autonomy for the legislature and judiciary, only amending capital fund management Read More: https://punchng.com/autonomy-row-legislature-judiciary-retain-financial-c

The subsidy question Tinubu can’t escape

Nigerians question the impact of fuel subsidy removal. Discover Atiku’s alternative model for domestic refining and how Tinubu’s government spent the savin Read More: https://punchng.com/the-subsidy-question-tinubu-cant-escape/

My father-in-law passed away, leaving a house with tenants. Do I evict them?

“We don’t know whether they have signed leases or are renting month to month.”

Sanwo-Olu advises managers on ethical leadership

Lagos Governor Sanwo-Olu urges Nigerian managers to strengthen ethical leadership, embrace innovation, and build strong institutions for economic change. Read More: https://punchng.com/sanwo-olu-advises-managers-on-ethical-leadership/

Police uncover Ogun baby factory, rescue pregnant women, children

Ogun State Police dismantle an illegal baby factory in Mowe, rescuing two pregnant women and four children. Six suspects arrested in ongoing human traffick Read More: https://punchng.com/police-uncover-ogun-baby-factory-rescue-pregnant-wome

Canada returnee bags 11-year jail over cannabis trade

A Canada returnee has been sentenced to 11 years in jail for unlawfully importing 2.5kg of cannabis into Nigeria. Learn more about the court’s decision. Read More: https://punchng.com/canada-returnee-bags-11-year-jail-over-cannabis-trade/

Ogun pledges school rehabilitation after PUNCH report

Following a PUNCH report, Ogun State Government pledges to rehabilitate Orimerunmu primary school and consider establishing a new secondary school. Read More: https://punchng.com/ogun-pledges-school-rehabilitation-after-punch-report/

Kumuyi urges peace, security as crusade returns to Ogun

Pastor William Kumuyi’s Global Crusade returns to Ogun State, calling for peace and security in Nigeria. Free medical services also available. Read More: https://punchng.com/kumuyi-urges-peace-security-as-crusade-returns-to-ogun/

Kwara transport union clash leaves five hospitalised

A clash between rival transport unions in Ilorin, Kwara State, has left five hospitalised. Learn more about the Kwara transport clash and its impact. Read More: https://punchng.com/kwara-transport-union-clash-leaves-five-hospitalised/

Adebutu joins 10,000 youths for Lagos leadership summit

Kesington Adebutu joins 10,000 youths at the 2026 Ambassadors National Youth Summit in Lagos to discuss Nigeria’s economic future and youth leadership. Read More: https://punchng.com/adebutu-joins-10000-youths-for-lagos-leadership-summit/

Blue economy: Lessons for Africa from South-East Asia

Recently, while on a cruise from Miami to the Bahamas, I found myself reflecting less on the leisure around me than on the extraordinary engineering and economic ecosystem that made the voyage possible. For many African countries, the conve

Traffic, distant U-turns fuel one-way driving on Lagos-Ibadan Expressway

Motorists on the Lagos-Ibadan Expressway are driving against traffic due to congestion and distant U-turns, raising safety concerns. FRSC vows enforcement. Read More: https://punchng.com/traffic-distant-u-turns-fuel-one-way-driving-on-lagos

As 2027 general elections campaign season begins

As 2027 election campaigns officially begin, understand the rules and regulations governing political rallies and conduct under Nigeria’s Electoral Act 202 Read More: https://punchng.com/as-2027-general-elections-campaign-season-begins/

‘My main goal is to help people’: I’m single, 74, with $10 million burning a hole in my pocket. What should I do?

“I also own my home and an SUV outright, with no outstanding debt.”

2027: Adebutu woos Ogun traditionalists, promises LG autonomy

PDP governorship candidate Ladi Adebutu seeks support from Ogun traditionalists for 2027, promising local government autonomy and prudent resource manageme Read More: https://punchng.com/2027-adebutu-woos-ogun-traditionalists-promises-lg-au

Arsenal, Man City players dominate PFA Premier League team of the year

Arsenal and Man City players dominate the 2025/26 PFA Premier League Team of the Year. Discover which stars made the cut in this prestigious lineup. Read More: https://punchng.com/arsenal-man-city-players-dominate-pfa-premier-league-team-of

AI gold rush draws crypto firms away from Bitcoin

The price of Bitcoin has risen in August but is still far below its peak almost a year ago - and companies are refitting their mines.

Firms scramble for battery power in Spain and Portugal

After last year's massive power failure Spanish and Portuguese firms are buying battery back ups.

Back to school: How to save on uniform costs

From baby banks to supermarket deals, there are many ways parents can ease the back-to-school burden.

Back to school: How to save on uniform costs

From baby banks to supermarket deals, there are many ways parents can ease the back-to-school burden.

Winter energy prices expected to rise to three-year high

Millions of households will be affected by an increase in the energy price cap by regulator Ofgem.

Winter energy prices expected to rise to three-year high

Millions of households will be affected by an increase in the energy price cap by regulator Ofgem.

Meet Lagos Island twins graduate with first class, best student award from LASU

Meet Taiwo and Kehinde Ajitokewu, Lagos Island twins who achieved First Class honours and Best Graduating Student awards from LASU. Discover their inspirin Read More: https://punchng.com/meet-lagos-island-twins-graduate-with-first-class-bes

‘It’s the ultimate regifting’: My mom gave me a house. Should I transfer it back to her to reduce capital gains?

“The property is very old and requires significant ongoing maintenance.”

Dick’s Sporting Goods’ epic drop hits other footwear giants, as shoppers sour on retro sneakers

Shares of the sporting-goods retailer suffering a record selloff as profit and sales missed expectations and the full-year outlook was slashed.

New assessment rules: FG mandates digital CA portals for WAEC, NECO

The federal government has rolled out uniform continuous assessment (CA) guidelines that compel the West African Examinations Council (WAEC) and read more New assessment rules: FG mandates digital CA portals for WAEC, NECO

Late Ogogo’s best movies: 5 titles worth revisiting

Fans of late Nollywood veteran Taiwo Hassan, popularly known as Ogogo, who died on 23 August 2026 at age 66 read more Late Ogogo’s best movies: 5 titles worth revisiting

Here’s what humanoid robots racing in Beijing mean for the future of work

The race was over in less than nine seconds. On August 25, a Chinese humanoid robot called Tiangong Ultra completed read more Here’s what humanoid robots racing in Beijing mean for the future of work

Am I too old for Roth conversions? I’m 84 and my wife is 77. We have $8 million saved.

“We are reluctant to pay a financial adviser 2% of assets — roughly $160,000 per year.”

SpaceX plans $100bn spaceport in US

SpaceX announces plans for a $100 billion Starship spaceport in Louisiana, creating 3,000 jobs and aiming for thousands of flights per year. Read More: https://punchng.com/spacex-plans-100bn-spaceport-in-us/

US to revoke up to 200,000 visas over asylum fraud claims

The US government plans to revoke up to 200,000 visas from foreigners who sought asylum after entering on tourist or business visas, citing asylum fraud. Read More: https://punchng.com/us-to-revoke-up-to-200000-visas-over-asylum-fraud-claim

Oyebanji reappoints retired Ekiti Accountant-General

Governor Oyebanji reappoints Mrs. Titilayo Olayinka as Ekiti Accountant-General, highlighting her expertise and contributions to the state’s fiscal transpa Read More: https://punchng.com/oyebanji-reappoints-retired-ekiti-accountant-generalo

Atiku’ll restore petrol subsidy, phase it out later — Spokesman

Atiku Abubakar’s spokesman, Paul Ibe, says the former VP will restore petrol subsidy if elected president in 2027, then gradually phase it out. Read More: https://punchng.com/atikull-restore-petrol-subsidy-phase-it-out-later-spokesman/

Why Meta’s stock could see a 50% rally, thanks to an overlooked AI wild card

An ongoing shortage of compute could provide Meta with the opportunity to sell its capacity for a big premium.

Callaway Golf’s apology for ad showing woman being shoved to the ground exposes a major industry blind spot

The viral ad shows a male golfer pushing a female golfer to the ground. Since 2019, women and girls made up nearly 60% of net golfer growth.

Why AMD can beat rivals Intel and Nvidia in the market for data-center CPUs

The chip maker is strongly positioned to gain share in the market for data-center CPUs and to see profit from revenue, a Raymond James analyst says.

Samuel Eto’o backs Infantino amid backlash over FIFA presidency

Cameroon Football Federation president Samuel Eto’o has thrown his support behind FIFA president Gianni Infantino, insisting the Swiss-Italian administrator has read more Samuel Eto’o backs Infantino amid backlash over FIFA presidency

This driverless-truck company could be a ‘long-term winner’ in a market Tesla plans to enter soon

Kodiak AI logged more than 40,000 paid driverless hours through the second quarter and is pushing to offer driverless highway operations by the end of 2026.

SpaceX to build Musk’s vision for a spaceport that until now ‘only existed in science fiction’

SpaceX says it will invest $100 billion to launch thousands of rockets from “Starbase, Louisiana,” with construction set to start in 2027.

Investor competition for commercial real estate sees strongest growth in a year

Even though macro uncertainty and volatility continue to show up in the broader economy, bidding keeps rising, according to JLL.

Man United’s Bruno Fernandes wins 2026 PFA Players’ Player of the Year award

Manchester United captain Bruno Fernandes has been crowned the 2026 PFA Players’ Player of the Year, voted by his peers for an outstanding season. Read More: https://punchng.com/man-uniteds-bruno-fernandes-wins-2026-pfa-players-player-of-th

Dick's Sporting Goods stock falls 30% as retailer misses expectations, cites 'challenging' footwear market

Dick's Sporting Goods reported fiscal second-quarter earnings on Tuesday that missed Wall Street expectations amid what it called a "challenging" environment.

Music veteran Dolly Parton dies at 80

Dolly Parton, the American country music star whose career spanned nearly six decades across music, film, television and business, has died at the age of 80. Parton died on Tuesday in Nashville, Tennessee, her family announced. No cause of

Dolly Parton: Country legend who turned rags into gold, dies at 80

Dolly Parton, who turned rags into a coat of many colours and wore it to the stars, has died in read more Dolly Parton: Country legend who turned rags into gold, dies at 80

MTN Group eyes banking licences as lending becomes its next big bet

Africa’s largest telecoms operator, MTN Group, is exploring banking licences in select markets as it considers expanding its lending business using its own balance sheet. The post MTN Group eyes banking licences as lending becomes its next

Moniepoint winds down UK remittance business MonieWorld

Moniepoint Inc. has announced plans to transition its UK-based remittance business, MonieWorld, as the fintech group redirects capital and resources towards its core financial platform for African businesses. The company disclosed this in a

Customs names Olusola Salako Acting Controller of Lilypond Export Command

The Nigeria Customs Service (NCS), Lilypond Export Command, has named Deputy Comptroller Olusola Salako as its Acting Customs Area Controller (CAC). The post Customs names Olusola Salako Acting Controller of Lilypond Export Command appeared

Paramount CEO David Ellison is at the final hurdle before buying WBD. So far, he can't clear it

An antitrust challenge by a group of state attorneys general has left Paramount CEO David Ellison hunting for avenues to get his deal for WBD done.

Victoria Island to deliver 602 new homes in 2026 amid rising Lagos rents

Victoria Island is expected to deliver more than 602 residential units in 2026 as developers continue to expand housing supply across the district. The post Victoria Island to deliver 602 new homes in 2026 amid rising Lagos rents appeared f

Universal Insurance drags NAICOM to court, secures leave to challenge licence revocation

Universal Insurance Plc has commenced legal action against the National Insurance Commission (NAICOM) following the revocation of its operating licence, with a Federal High Court in Lagos granting the insurer leave to challenge the regulato

HHS plans new FDA deputy commissioner roles for technology and drugs, sources say

HHS plans to name two deputy commissioners for technology and drugs, said two sources familiar with the matter.

FG links Carter Bridge failure to detached piles, corrosion, illegal mining

The Federal Government has attributed the failure of Lagos’ Carter Bridge to detached piles, significant corrosion, inadequate maintenance and illegal sand mining. The post FG links Carter Bridge failure to detached piles, corrosion, illega

Ghana to ban export of unrefined artisanal gold from September 1

Ghana will ban the export of unrefined artisanal gold dore purchased under approved off-take arrangements from September 1, 2026, requiring the gold to be refined locally before it can be shipped out of the country. The post Ghana to ban ex

Who does Iran trade with and what could Trump's 'economic D-Day' mean?

Iran is no stranger to US sanctions and has developed deep economic ties with several countries.

REITs vs OMO bills, where should Nigerian investors put their money?

With the Central Bank of Nigeria reopening Open Market Operations (OMO) securities to individuals, companies and non-bank financial institutions through deposit money banks, investors now have greater access to an asset offering relatively

The profit illusion: Why Nigeria’s corporate billions aren’t making Nigerians richer

The profit illusion: Why Nigeria’s corporate billions aren’t making Nigerians richer The post The profit illusion: Why Nigeria’s corporate billions aren’t making Nigerians richer appeared first on Nairametrics.

Nigeria’s FX market hits 2026 high of $5.06 billion, Spot trades cross $5 billion mark

Nigeria's foreign exchange market posted its strongest weekly turnover so far in 2026, with total transactions in the FX Spot and Derivatives markets surging 146.12% to $5.06 billion in the week ended August 21, 2026, up from $2.05 billion

These investors own 46% of the entire market value of the NGX

Major shareholders in ten of Nigeria’s largest listed companies hold stakes worth an estimated N73.11 trillion, highlighting the significant concentration of ownership among the biggest companies on the Nigerian Exchange (NGX). The post The

United Airlines adds 2027 flights spanning Sardinia to Okinawa. Here's what it says about travel today

United is betting big on premium, international travel with a host of new routes.

COP17: Africa must connect science to action to tackle land degradation — Expert

The Professor argued that Africa does not primarily lack scientific knowledge to address land degradation and drought; rather, the continent faces gaps in data continuity, technology deployment, local-scale evidence and the ability to trans

United's next decision: What to do with all those Boeing 737 Max 10 seats it ordered years ago

United Airlines wanted to put lie-flat premium seats on its Max 10 planes once they were certified, but that has been delayed by years.

Lagos Govt says it paid N168.2 Billion to over 48,000 retirees in 19 years

The Lagos State Government has paid a cumulative N168.2 billion to over 48,000 retirees under the Contributory Pension Scheme since 2007, including a landmark N5 billion single-batch payment in July 2024 that cleared all outstanding pension

Nigeria’s petrol consumption drops 25% in July — NMDPRA

Nigeria recorded a sharp drop in domestic petrol supply and consumption in July 2026, even as inventory levels improved across major petroleum products. The post Nigeria’s petrol consumption drops 25% in July — NMDPRA appeared first on Nair

Top 10 African countries with the cheapest diesel prices in August 2026

Diesel prices vary significantly across African countries, reflecting differences in fuel subsidies, taxation, domestic refining capacity, exchange rates and government pricing policies. The post Top 10 African countries with the cheapest d

Bitcoin and ethereum prices today, Tuesday, August 25, 2026: Highest opening for bitcoin in over three months

Silver prices today, Tuesday, August 25, 2026: Silver prices pull back slightly, but remain over $68

More than 70,000 social and affordable homes to be built across England over 10 years

Funding has been granted to Greater Manchester, the West Midlands and West Yorkshire as well as £6bn for London.

Gold prices today, Tuesday, August 25, 2026: Gold hits 3-month high this morning

Bugatti CEO Mate Rimac says the future of supercars is old-school combustion engines

Bugatti CEO Mate Rimac told CNBC he thinks high-end sports cars will continue to have combustion engines "for a very long time" even with the rise of EVs.

Jersey earnings rise by 1.2% after inflation

Statistics Jersey says the increase is "slightly lower" than the long-term annual average.