Nigeria’s Foreign Debt Hits $145bn as Debt Servicing Costs Surge – World Bank

Nigeria’s external debt rose to $145.015bn in 2025, representing a 6.6 per cent increase from the previous year, according to the World Bank’s International Debt Report 2026.  

7th World Media Summit Opens in Beijing with Focus on AI and Global Media Cooperation

The 7th World Media Summit has officially opened in Beijing, China, bringing together nearly 500 representatives from international media organisations, think tanks, government institutions and global bodies to discuss the future of journalism and media cooperation in the age of artificial intelligence. 

AFRIMA Founder, Mike Dada Joins African Collaborations Group Advisory Board

African Collaborations Group (ACG), a strategic project origination and collaboration platform focused on advancing the industrialisation of sport in Africa through the development of bankable sports and entertainment district ecosystems, has announced the appointment of AFRIMA founder Mike Dada to its Advisory Board.

LIRS Reaffirms Commitment to Staff Welfare, Promotions and Professional Development

The Lagos State Internal Revenue Service (LIRS) has reiterated its commitment to staff welfare, regular promotions and professional development, describing its workforce as central to the agency’s growth and operational performance. 

Emirates Group Reports 66% Drop in Half-Year Profit Amid Regional Conflict and Rising Fuel Costs

The Emirates Group has reported a 66% decline in half-year profit for the 2026-27 financial year, as regional conflict, operational disruptions and soaring fuel prices weighed on its aviation and travel businesses. 

KWASU Hosts Soundcity OnTour as Bigi Music Competition Spotlights Emerging Artistes

Kwara State University (KWASU) came alive with music, entertainment and emerging talent as Soundcity OnTour brought its 2026 campus experience to the institution on 31 October, transforming the university into a vibrant centre of live performances, musical discovery and youthful expression. 

Rite Foods Breaks into Nigeria’s Top 20 Brands, Rises to 17th in 2026 Ranking

Rite Foods Limited has strengthened its position among Nigeria’s leading homegrown brands, climbing five places from 22nd in 2025 to 17th in the 2026 Top 50 Brands Nigeria Ranking. The latest recognition marks the company’s entry into the country’s 20 most recognised brands, reflecting its growing influence in Nigeria’s competitive food and beverage market. 

Rise of Fearless Raises $1m from Epic Edges Capital to Expand African Gaming

Rise of Fearless, an African-owned mobile battle royale game inspired by the continent’s history and culture, has secured US$1 million in funding from advisory firm Epic Edges Capital to accelerate its growth and strengthen its position in the global gaming industry. 

Adidas to Replace Puma as Official Serie A Match Ball Supplier from 2027-28 Season

Adidas is set to become the official match ball supplier for Italy’s top-flight football league, Serie A, from the 2027-28 season, replacing German sportswear rival Puma in a new commercial agreement. 

Ericsson Celebrates 150 Years of Innovation, Highlights Role in Nigeria’s Digital Transformation

Ericsson has marked its 150th anniversary with a celebration in Lagos, reflecting on its contributions to Nigeria’s telecommunications industry and reaffirming its commitment to supporting the country’s digital transformation. 

KFC Unveils First Immersive KFC Muse Restaurant in Dubai

KFC has launched its first-ever KFC Muse restaurant in Dubai, introducing an immersive dining concept designed to redefine the fast-food experience through innovative design, signature food offerings and enhanced hospitality.

GAC Unveils All-New E8 at 2026 Macao International Auto Expo

Chinese automaker GAC has unveiled its all-new E8 at the 16th China (Macau) International Automobile Exposition, alongside the debut of two other models, as the company strengthens its presence in Macao and expands its international market reach. 

Why OPay, Kuda and Moniepoint Users Cannot Access Google Pay in Nigeria

Google Wallet and Google Pay officially launched in Nigeria on 28 October, allowing eligible Android and Wear OS users to make contactless payments in physical stores, apps and online. However, the launch has exposed a significant gap in the country's digital payments market, with customers of major fintech platforms, including OPay, Kuda, PalmPay, and Moniepoint, unable to access the service.