Brent 235

29/08/2026

FTSE Frontier return puts Nigerian banks, MTN, Nestle in line for fresh inflows

FTSE Russell’s nod that Nigeria will officially reclaim Frontier Market classification from September 21, 2026, is a game-changer for the Nigerian Exchange (NGX), with both Structural and market-based ramifications influencing the restored prognosis.

Here’s how: a step up came after the shift to a T+1 settlement regime from June 1, which caused FTSE to scrutinize possible de-facto pre-funding challenges to international portfolio investors following widespread forex scarcity and the blocking of capital repatriations, which relegated the Nigerian bourse to “Unclassified” in 2023.

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FTSE Russell's nod that Nigeria will officially reclaim Frontier Market classification from September 21, 2026, is a game-changer for the Nigerian Exchange (NGX), with both Structural and market-based ramifications influencing the restored prognosis.

29/08/2026

The directive came in response to findings by the ICPC on “fake agencies”, ghost workers, and other control failures.

The directive came in response to findings by the ICPC on “fake agencies”, ghost workers, and other control failures.

29/08/2026

Nigerians will have to bear with the road construction process; it's like building a house: a house is not built in a day... The president is on top of the situation.
- SA to the President on Media & Public Comms., Sunday Dare speaks on the condition of federal roads in the country.



https://www.facebook.com/share/v/1CgkdBmD32/

28/08/2026

No fewer than 7,825 Nigerians were kidnapped in 1,713 kidnap and kidnap-related incidents between July 2025 and June 2026, according to a report by SBM Intelligence.

No fewer than 7,825 Nigerians were kidnapped in 1,713 kidnap and kidnap-related incidents between July 2025 and June 2026,

28/08/2026

CSCS to slash retail lien fees, scrap family transfer charges in fresh pricing review

Nigeria’s Central Securities Clearing System (CSCS) is set to roll out a fresh round of pricing changes that will cut lien fees for retail investors by half, eliminate charges on securities transfers between immediate family members, and scrap broker code and eligibility fees entirely, Nairametrics can exclusively report.

The revised framework, seen by Nairametrics on Wednesday, August 26, 2026, comes about six months after CSCS implemented a sweeping overhaul of its 2026 fee structure that pushed charges sharply higher across institutional and retail-facing services.

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Nigeria's Central Securities Clearing System (CSCS) is set to roll out a fresh round of pricing changes that will cut lien fees for retail investors by half, eliminate charges on securities transfers between immediate family members, and scrap broker code and eligibility fees entirely, Nairametrics....

28/08/2026

Okin Biscuits restarts production after 17 years

Okin Biscuits has restarted one of its production lines at its factory in Offa, Kwara State, after 17 years of inactivity.

This is according to a post on the page of Okin Biscuits on Wednesday, August 26, 2026.

The company said biscuits rolled off the rehabilitated production line during a technical trial run, although further testing and rehabilitation are required before the products return to the market.

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Okin Biscuits has restarted one of its production lines at its factory in Offa, Kwara State, after 17 years of inactivity.

28/08/2026

South Africa’s Blu Label is aggressively returning cash to shareholders, marking a new era of capital discipline following the strategic unbundling of mobile operator Cell C.

The Sandton-based digital distribution giant has officially resumed dividend payouts and launched a share repurchase program.

This strategic move follows Cell C’s successful JSE listing—a milestone that generated $169 million in cash proceeds and successfully slashed Blu Label's debt obligations to $292.2 million.

Despite recording a technical net loss driven by $377.2 million in non-operational IFRS derecognition charges tied to the spinoff, the group's underlying operations remain highly cash-generative.

Effective gross group turnover expanded 7 percent to R99.9 billion ($6.25 million), anchored by robust demand across prepaid airtime, data, and municipal electricity platforms.

With a significantly de-risked balance sheet and a formal policy to distribute up to 50 percent of standalone core headline earnings, the company is firmly positioned for sustainable growth.

📌 Source: ©️ 📷 .Shore

28/08/2026

Return ₦3m Stolen From My Account’ Dubai Returnee Tells Access Bank (+Video)

https://www.nationalwaves-ng.com/return-₦3m-stolen-from-my-account-dubai-returnee-tells-access-bank-video/

About 57% of Technology Products Procured by Government and Corporates in Nigeria Are Refurbished Products Sold as New – Leo Stan Ekeh

https://www.nationalwaves-ng.com/about-57-of-technology-products-procured-by-government-and-corporates-in-nigeria-are-refurbished-products-sold-as-new-leo-stan-ekeh/

Access Bank logo and Account holder   By Victory Oghene An unnamed account holder with Access Bank has in a video seen by NATIONAL WAVES narrated how the sum of three million naira that she saved while working in Dubai was stolen from her account. In the video, the lady said. “As you guys can [.....

28/08/2026

Man Jailed For Posing As Father To Steal £50,000 For OnlyFans, Luxury Spending — Info Daily

Man Jailed For Posing As Father To Steal £50,000 For OnlyFans, Luxury Spending

28/08/2026

Royal Family Gathers As Norway’s King Harald’s Condition Worsens – Info Daily

Royal Family Gathers As Norway’s King Harald’s Condition Worsens