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Essential Nigeria News

Wednesday, September 23, 2026 Volume XXIII Breaking News & Latest Updates
U.S. hails Nigerian for raising $7m to launch hair-braiding robotics Breaking News

U.S. Hails Nigerian For Raising $7m To Launch Hair-braiding Robotics

Nigerian-American entrepreneur Yinka Ogunbiyi successfully closes a $7 million seed funding round. The capital is designated for the market rollout of HaloBraid, engineered to be the world’s first patented braid-assist mechanical technology. The high-profile financing was spearheaded by Seven S...

By Daniel Kanu July 24, 2026
Subsidised Imports Threaten Nigeria’s Agricultural Growth – FG Business

Subsidised Imports Threaten Nigeria’s Agricultural Growth – FG

The Federal Government has warned that subsidised imports are significantly undermining Nigeria’s agricultural sector and threatening long-term food s...

47 0
1 month ago
Naira to Weaken as Fuel Importers Increase Dollar Demand Business

Naira To Weaken As Fuel Importers Increase Dollar Demand

The naira is projected to face further depreciation pressure as fuel importers intensify their demand for dollars in the foreign exchange market.Marke...

42 0
1 month ago
Sterling Bank Keeps NPL Below CBN Threshold for Decade Business

Sterling Bank Keeps NPL Below CBN Threshold For Decade

Sterling Bank Plc has sustained its Non-Performing Loan (NPL) ratio below the Central Bank of Nigeria (CBN) regulatory threshold for the past ten year...

47 0
1 month ago
Dangote Refinery Secures Record $2.5bn Equity Funding Business

Dangote Refinery Secures Record $2.5bn Equity Funding

Dangote Refinery has secured a record $2.5 billion equity funding round, one of the largest in recent African industrial history.The company announced...

55 0
1 month ago