Nigeria rose four places to eighth in the 2026 Bloomberg Economics Investment Risk-O-Meter, overtaking Rwanda, Tanzania, Kenya and Namibia as reforms improved its performance across three of the five metrics assessed.
Nigeria’s refined petroleum product exports rose to $3.94 billion in the second quarter of 2026, up 148% from $1.59 billion recorded in the corresponding period of 2025, as the country’s refining sector continued to expand.
BUILDING AFRICA’S NEXT GENERATION OF GLOBAL DIGITAL COMPANIES FROM NIGERIA
Nigeria has the talent, enterprise, and ambition to build companies that can compete anywhere in the world. Our responsibility as a government is to ensure that Nigerians do not have to leave Nigeria or rely on other jurisdictions to realise that potential.
For too long, some of our most promising young entrepreneurs have felt compelled to establish their companies and intellectual property abroad to access global capital and markets. I do not accept that this must remain the case.
I want the next generation of African technology, finance and service companies to be built, headquartered and scaled to the world from Nigerian soil.
ICC CASE: AB SUNRISE POWER AND TRANSMISSION COMPANY LIMITED (SUNRISE) V. FEDERAL GOVERNMENT OF NIGERIA (NIGERIA) V. MR. LENO ADESANYA
An International Arbitration Tribunal under the auspices of the International Chamber of Commerce (ICC) in Paris, today, September 17, 2026, issued an award in favour of our country, rejecting the claims in the arbitration instituted by Sunrise Power and Transmission Company Ltd (Sunrise).
The company had made a claim against the Federal Republic of Nigeria, demanding $680 million as a settlement sum and interest in respect of another arbitration in which it is claiming over $2.7 billion in compensation and interest relating to disputes associated with the development of the 3960mw Mambila Hydroelectric Power Project, located in Taraba State.
This latest decision affirms the Nigerian State's determination not to succumb to predatory and exploitative claims by corrupt local and international entities and their enablers and funders.
On behalf of the Government and People of the Federal Republic of Nigeria, I strongly commend the tremendous efforts of the Attorney-General of the Federation and Minister of Justice, Prince Lateef Fagbemi and the entire team at the Federal Ministry of Justice for their efforts in this matter.
I also commend the FRN defence team, led by Ms Elizabeth Oger-Gross and Mr Tolu Obamuroh, both of Paul Hastings LLP, for their professional and excellent defence of the country.
I commend the patriotism and support of former President Olusegun Obasanjo, GCFR, and late President Muhammadu Buhari, GCFR, who testified in the case, which dated back to an illegal 2003 contract to build a 3,050-megawatt hydroelectric plant in Taraba State under a build-operate-transfer model. The Federal Executive Council never authorised the contract.
I thank the other witnesses in this case, including former Ministers Babatunde Raji Fashola, SAN, and Suleiman Adamu, and the experts, for their active participation in defending Nigeria's interest in the arbitration.
I commend the National Security Adviser for his support and the Economic and Financial Crimes Commission @officialEFCC for its investigation into the case.
I want to assure you that while our country remains committed to partnering with genuine investors and honouring its legal obligations, it will continue to defend all opportunistic claims instituted against our commonwealth strongly.
Today's ICC ruling clears the single biggest legal hurdle that has paralysed the Mambilla hydro power project for years.
God bless the Federal Republic of Nigeria.
PRESIDENT BOLA AHMED TINUBU,
September 17, 2026
One common misconception people have is that a store that buys a product for $10 should sell for maybe a 10% markup.
That’s not how biz works.
Most industries, COGS should be around 30%, ie, buy for $10, sell for $30.
If you sell less than that, you’d likely die in 1-2 years
BREAKING: J.P. Morgan includes Nigeria in new emerging-market bond index with 7.4% weight
J.P. Morgan has included Nigeria in its newly introduced Government Bond Index–Emerging Markets Edge (GBI-EM Edge), assigning the country a 7.4% weighting in the benchmark designed to track local-currency government debt across frontier emerging markets.
This is according to J.P. Morgan’s Global Index Research report dated September 14, 2026 seen by Nairametrics.
The inclusion puts Nigerian naira-denominated government bonds back into a J.P. Morgan emerging-market benchmark more than a decade after the country was removed from the bank’s flagship government bond index in 2015.
Moody’s has revised Nigeria’s sovereign outlook to “positive” from “stable”, citing stronger foreign exchange reserves and better-than-expected economic growth as factors improving the country’s ability to withstand external shocks. https://t.co/hsCw4yORi8
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Here’s why...
I created an AI Smart Glass to help blind people walk without a cane or a guide 👓
But this is not like the smart glasses people are used to seeing
Because this Glass combines AI, sensors, and GPS to help the user detect things in front of them, avoid obstacles, and know their location
But the most amazing thing is if the user gets lost, the GPS tracking system can help locate where they are from anywhere, and then send the location to the phone of the person taking care of them via WhatsApp or Email 📲
And now I am further developing it to a new level of AI + Voice, so it can speak with the user and also help them understand their surroundings
I have put the video showing how it works completely in the comment. 🎥
SHARE this project 🤝🔥
Let the world see what a young Nigerian can build
@instablog9ja Difficult to know what really happen without hearing from the man. but, from what she said, the man didn't outrightly said no just ask for her patient and her reaction to move to her parents house gave her out. Patience is what you need.