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پستهای کانال
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 Facebook 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.
Read more
https://nairametrics.com/2026/08/26/okin-biscuits-restarts-production-after-17-years/
| 2 | ICYMI.
VFD Microfinance Bank appoints Nonso Okoye as Managing Director https://nairametrics.com/2026/08/26/vfd-microfinance-bank-appoints-nonso-okoye-as-managing-director/
Ghana rejects MTN’s GHS20 million donation for xenophobia victims https://nairametrics.com/2026/08/26/ghana-rejects-mtns-ghs20-million-donation-for-xenophobia-victims/
DisCos failed to collect N669.5 billion billed electricity charges in 2025 — NERC
https://nairametrics.com/2026/08/26/discos-failed-to-collect-n669-5-billion-billed-electricity-charges-in-2025-nerc/
NPFL lands $7.5 million EuroMatch sponsorship deal ahead of 2026/27 season
https://nairametrics.com/2026/08/26/npfl-lands-7-5-million-euromatch-sponsorship-deal-ahead-of-2026-27-season/
DisCos push for first-line budget charge as MDAs’ power debts mount https://nairametrics.com/2026/08/26/discos-push-for-first-line-budget-charge-as-mdas-power-debts-mount/ | 133 |
| 3 | Meta agrees to pay up to $16.7 billion to settle teen social media harm case
Meta Platforms has agreed to pay up to $16.7 billion to settle a landmark lawsuit brought by multiple US states over allegations that its social media platforms harmed teenagers.
The agreement, filed in a US federal court on Wednesday, August 26, would require Meta to introduce new safeguards on Facebook and Instagram, Bloomberg reported.
This includes limits on how long young users can scroll and restrictions on their ability to disable certain safety settings without parental approval. The settlement still requires approval from a judge.
Read more
https://nairametrics.com/2026/08/26/meta-agrees-to-pay-up-to-16-7-billion-to-settle-teen-social-media-harm-case/ | 124 |
| 4 |  ₦5.9 Trillion "Lost" on the NGX? Here's What Smart Investors Should Be Thinking
One of the most important points made in this discussion is that a market decline is not necessarily money that has permanently disappeared.
Yes, market capitalization may have fallen by ₦5.9 trillion, but what we're often seeing is a repricing of assets, not necessarily a permanent destruction of value.
Watch the full conversation on YouTube @nairametrics.tv
https://www.youtube.com/live/8AfvL9-NUcs?si=geCxaeWz0S1v-wth | 149 |
| 5 | OMO Bills at 20% vs REITs: Where Should You Invest Your Money?
https://youtube.com/live/7Uh7iBx6ogE?si=GohOCpKUkiyiTM-i
Join the conversation live! | 153 |
| 6 | What would you choose?
| 198 |
| 7 | Ventures Platform secures $84 million for second pan-African tech Fund
Ventures Platform, an African seed stage venture capital firm, has announced the final close of its second institutional fund, Ventures Platform Pan African Fund II, at $84 million, exceeding its initial $75 million target.
The fund closed three years after the firm raised its first institutional fund and amid a more cautious global venture capital environment, according to a statement issued by the firm on Wednesday.
The latest close also expands the fund’s institutional investor base, with the European Bank for Reconstruction and Development (EBRD), Norfund, Norway’s development finance institution, Alphatron and Ashesi University Foundation joining as new investors.
Read more
https://nairametrics.com/2026/08/26/ventures-platform-secures-84-million-for-second-pan-african-tech-fund/ | 218 |
| 8 | Crude oil sheds nearly $9 as Iran, Oman work to reopen Strait of Hormuz
The price of Brent crude has fallen by nearly $9 per barrel in the past seven days, representing a decline of about 9.6%, as renewed efforts by Iran and Oman to restore navigation through the Strait of Hormuz ease fears of prolonged disruption to global oil supplies.
Brent crude futures fell to $86.28 a barrel on Wednesday, August 26, down $2.30, or 2.6%, while West Texas Intermediate (WTI) crude futures declined by $2.08, or 2.53%, to about $80.29 at the time of reporting.
The declines extended losses recorded on Tuesday, when both benchmarks fell by more than 3%.
Read more
https://nairametrics.com/2026/08/26/crude-oil-sheds-nearly-9-as-iran-oman-work-to-reopen-strait-of-hormuz/ | 224 |
| 9 | Naira trades at N1,838/£1 against British pound as traders await US inflation data
Nigerian Naira shed slight value against the British Pound in the Nigerian market (both NFEM and parallel).
The development came as the pound Sterling enjoyed a much-needed comeback in the international foreign exchange market.
The British pound sterling was transacted at N1,838/£1 at the beginning of today’s official trading session on NFEM (computed via cross rate with USD), up from N1,839/£1 before the holidays.
The naira has found solid support on the back of the CBN’s strong structural and monetary policy stance. However, the British Pound continues to hold firm in the global foreign exchange market on robust UK macro data and l global uncertainty.
Read more
https://nairametrics.com/2026/08/26/naira-trades-at-n1838-1-against-british-pound-as-traders-await-us-inflation-data/ | 188 |
| 10 | CBN to sell N700 billion Treasury Bills today in second August auction
The Central Bank of Nigeria (CBN), on behalf of the Debt Management Office (DMO), will offer N700 billion across the 91-day, 182-day and 364-day Treasury Bills tenors in the second and final Treasury Bills (NTB) auction for August 2026.
The notice of an Invitation to Tender for Nigerian Treasury Bills (NTB) obtained by Nairametrics stated that All Money Market Dealers are required to submit bids through the CBN S4 Web Interface between 8:00 a.m. and 11:00 a.m. on Wednesday, August 26, 2026.
Read more
https://nairametrics.com/2026/08/26/cbn-to-sell-n700-billion-treasury-bills-today-in-second-august-auction/ | 191 |
| 11 | MTN to develop 150MW AI data centres in Nigeria, South Africa with UAE-backed investor
MTN Group plans to develop AI-enabled data centres with an initial capacity of about 150 megawatts (MW) across Nigeria and South Africa through a venture with an undisclosed UAE-backed investor.
MTN Group CEO Ralph Mupita disclosed the plan on Tuesday while outlining the company’s growth opportunities beyond its traditional telecommunications business.
He also disclosed that the group is exploring banking licences in select markets to eventually enable it to lend to customers from its own balance sheet.
The data centre plan comes as Africa’s artificial intelligence market is projected to grow from $4.5 billion in 2025 to $16.5 billion by 2030, increasing demand for the computing infrastructure required to develop and run AI applications.
Read more
https://nairametrics.com/2026/08/26/mtn-to-develop-150mw-ai-data-centres-in-nigeria-south-africa-with-uae-backed-investor/ | 186 |
| 12 | Cloud dependence exposes African AI startups to hidden cost risks – Expert
African AI startups could be exposed to hidden financial and operational risks from their dependence on cloud computing providers, particularly when a large share of their computing workloads is concentrated with a single provider.
Oluwaseyi Ayodeji, a senior programme leader in AI and cloud infrastructure and founder of Regal Stack, told Nairametrics in an exclusive conversation that renting computing capacity is not itself a problem for African AI startups.
Read more
https://nairametrics.com/2026/08/26/cloud-dependence-exposes-african-ai-startups-to-hidden-cost-risks-expert/ | 177 |
| 13 | Atiku vows to restore petrol subsidy, rejects aide’s conflicting position
Presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has insisted that he will restore petrol subsidy if elected president in 2027, despite comments by one of his media aides suggesting that the intervention would eventually be phased out.
Atiku made the clarification on Tuesday while receiving the Osun State leadership of the ADC in Abuja, where he disowned comments by his aide, Paul Ibe, on the party’s proposed subsidy policy.
Read more
https://nairametrics.com/2026/08/26/atiku-vows-to-restore-petrol-subsidy-rejects-aides-conflicting-position/ | 175 |
| 14 | FG blames concessionaire for Benin-Asaba road failure, plans concession review
The Federal Government has blamed the concessionaire of the Benin-Asaba Expressway for the deteriorating condition of the highway and is considering a review of the concession agreement.
Minister of Works, Sen. David Umahi, disclosed this during an on-the-spot assessment of the highway in Benin, as reported by the News Agency of Nigeria on Tuesday.
Umahi said the government would invoke the overriding public interest provision to intervene, engage competent contractors to restore the highway and address the hardship faced by motorists and other road users.
Read more
https://nairametrics.com/2026/08/26/fg-blames-concessionaire-for-benin-asaba-road-failure-plans-concession-review/ | 189 |
| 15 | IMF urges Nigeria, AU’s largest economies to deepen fiscal, monetary, governance reforms
The International Monetary Fund (IMF) has called on Nigeria and other major African economies to deepen reforms across fiscal policy, monetary and financial sectors, and governance to strengthen macroeconomic stability and support more inclusive growth.
In its latest assessment of reform priorities across the African Union’s largest economies, the IMF identified fiscal reforms as a high priority in all but one of the eight economies reviewed, with Nigeria among the countries requiring improvements in tax policy, revenue administration, public financial management and spending efficiency.
Read more
https://nairametrics.com/2026/08/26/imf-urges-nigeria-aus-largest-economies-to-deepen-fiscal-monetary-governance-reforms/ | 185 |
| 16 | ICYMI. DINNER STORIES
MTN Group eyes banking licences as lending becomes its next big bet https://nairametrics.com/2026/08/25/mtn-group-eyes-banking-licences-as-lending-becomes-its-next-big-bet/
Victoria Island to deliver 602 new homes in 2026 amid rising Lagos rents
https://nairametrics.com/2026/08/25/victoria-island-to-deliver-602-new-homes-in-2026-amid-rising-lagos-rents/
Universal Insurance drags NAICOM to court, secures leave to challenge licence revocation
https://nairametrics.com/2026/08/25/universal-insurance-drags-naicom-to-court-secures-leave-to-challenge-licence-revocation/
REITs vs OMO bills, where should Nigerian investors put their money? https://nairametrics.com/2026/08/25/reits-vs-omo-bills-where-should-nigerian-investors-put-their-money/
Nigeria’s FX market hits 2026 high of $5.06 billion, Spot trades cross $5 billion mark
https://nairametrics.com/2026/08/25/nigerias-fx-market-hits-2026-high-of-5-06-billion-spot-trades-cross-5-billion-mark/ | 259 |
| 17 | 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 death was disclosed, although the singer had spoken publicly about dealing with health issues in recent weeks.
Her death marks the end of a career that transformed her from a child raised in poverty in rural Tennessee into one of the world’s most recognisable entertainers.
Read more
https://nairametrics.com/2026/08/25/music-veteran-dolly-parton-dies-at-80/ | 243 |
| 18 | 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 statement on Tuesday, saying the decision followed a review of its portfolio and long-term priorities.
MonieWorld was launched in April 2025 to enable Nigerians in the diaspora to send money directly to Nigerian bank accounts.
Read more
https://nairametrics.com/2026/08/25/moniepoint-winds-down-uk-remittance-business-monieworld/ | 273 |
| 19 | 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 development was disclosed by the command’s Public Relations Officer, Mrs Olushola Oke, in a statement made available to the News Agency of Nigeria (NAN) on Tuesday in Lagos.
Salako assumed duty following the retirement of Comptroller Samuel Ariyibi, the command’s former CAC, at a formal handover ceremony.
Read more
https://nairametrics.com/2026/08/25/customs-names-olusola-salako-acting-controller-of-lilypond-export-command/ | 280 |
| 20 | 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 directive was issued by the Ghana Gold Board (GoldBod) on Monday, August 24, as the West African country steps up efforts to retain more value from its gold resources and expand domestic refining.
Gold dore is a semi-refined form of gold produced after mined ore has been processed to separate the precious metal from much of the surrounding material.
Read more
https://nairametrics.com/2026/08/25/ghana-to-ban-export-of-unrefined-artisanal-gold-from-september-1/ | 297 |
