MTN, Airtel Lift Telecoms to 10.38% Growth, Add ₦5.20 Trillion to Q2 GDP
Telecoms and information services grew 10.38% in Q2 2026, contributing ₦5.20 trillion and 9.72% of Nigeria’s real GDP.
Business
Market Trends, Money & Momentum
Top Signal
China Risks Strained Ties After Dissent From G20 Statement, Bessent Says
China was the lone G20 dissenter to a joint warning against 'cheap exports', Treasury Secretary Scott Bessent said.
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Unacademy Sells to upGrad for $206M, Down About 94% From Peak Valuation
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#4Nokia Risks Margin Erosion Unless It Secures Africa’s AI Network Role
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#510-Year Treasury Yield Hits 4.788%, Raising Borrowing Costs Nationwide
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#6Ikea Cuts Prices Across Europe, Spending €1.2bn to Counter Falling Sales
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Kenya Overtakes Nigeria In M&A Value, Nedbank Secures 66% Of NCBA
Kenya climbed to the top of Africa's M&A value rankings as deal totals hit $1.44 billion; Nedbank won approval to acquire 66 percent of NCBA.
NUPRC Keeps $300 Helicopter Levy, Exempts Private Offshore Landings From TNC
$300 per-landing helicopter charge stays in force and must be paid to NAMA. NUPRC says the Terminal Navigational Charge will not apply to private
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Industry
Industry reporting from the Business desk.
Business desk
Range Rover Launches First Fully Electric Model, Built in Solihull
Range Rover unveils its first fully electric model, built in Solihull as JLR retrains 10,500 staff and adds battery production capacity.
2 min read
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