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Wednesday, February 18, 2026

Economy

February 17, 2026

NUPRC warns public against fraudulent contract offers

The Nigerian Upstream Petroleum Regulatory Commission has warned the public against fraudulent individuals who peddle contract offers purportedly on its behalf.

Nigerian Upstream Petroleum Regulatory Commission[ Credit: Punch Newspaper]
February 17, 2026

Alleged $25 Million Debt: Court appoints interim administrator for Green Energy, Lekoil

An interim administration will take over Green Energy International Ltd and Lekoil Oil and Gas Investments Ltd over a $25 million debt.

Green Energy, Lekoil
February 17, 2026

CBN governor Cardoso hails Nigeria’s permanent AMI board membership

The approval was announced during the 39th Ordinary Session of the Assembly of the AU, during its February summit.

OLAYEMI CARDOSO; CBN
February 17, 2026

NGX market cap hits N122 trillion, investors gain N5.1 trillion

The Nigerian Exchange Ltd. started the week on a positive note, with market capitalisation rising by N5.1 trillion, a 4.36 per cent gain on Monday.

Trading floor
February 16, 2026

Nigeria’s 15% January inflation drop signals economic stability: CPPE 

He affirmed that the sharp moderation in food inflation would deliver substantial welfare benefits.

Centre for the Promotion of Private Enterprise (CPPE)
February 16, 2026

Nigeria’s inflation rate stood at 15% in January: NBS

The report said the food inflation rate in January was 8.89 per cent on a year-on-year basis.

Nigerian Bureau of Statistics (NBS)
February 16, 2026

Active voice subscription hit 173.5 million in Q2: NBS

NBS says the telecom industry maintained strong performance through the second quarter of 2025, with active voice subscriptions reaching 173.5 million.

Nigerians making calls
February 16, 2026

AU summit maps out key priorities for Africa’s development

Mr Ndayishimiye noted the summit’s emphasis on enhancing sustainable water management to power Africa’s socio-economic development ambitions.

39th Ordinary Session of the Assembly of Heads of State and Government of the African Union
February 16, 2026

Kano govt urged to relocate Singer Market after blaze

Kabiru Yusuf-Nadabo, a retired assistant corps marshal of the Federal Road Safety Corps, has called for relocating the Singer market to Dangwaro International Market in Kano.

Singer Market inferno
February 16, 2026

TCN restores Shiroro-Mando transmission Line 1

The Transmission Company of Nigeria says it has restored the 330 kilovolt Shiroro-Mando Transmission Line 1, which is now operational.

Transmission line