Editor01

OPay Targets $4bn US IPO as It Engages Top Global Investment Banks 0
- BUSINESS
- May 3, 2026
Nigerian fintech giant OPay is reportedly preparing for a major initial public offering in the United States, targeting a valuation of around $4 billion, according to industry reports. The company has engaged leading global investment banks—Citigroup, Deutsche Bank, and JPMorgan Chase—to advise on the planned listing, although final timing and structure are still under review.
READ MORE
Bola Tinubu Economic Adviser Warns Inflation Could Hit 20% as Oil Prices Rise, Urges States to Borrow 0
- NEWS
- May 3, 2026
The Federal Government has warned that Nigeria’s inflation rate could climb to around 20% if the current rise in global crude oil prices continues. The warning was issued in Lagos by the President’s Chief Economic Adviser, Dr. Tope Fasua, during a presentation at the Nigeria–South Africa Chamber of Commerce breakfast session. He explained that although
READ MORE

Fuel Crisis Forces Spirit Airlines Shutdown, Thousands of Passengers Stranded 0
- BUSINESS
- May 3, 2026
Operations at Spirit Airlines have come to an abrupt halt following a surge in jet fuel prices tied to rising geopolitical tensions involving Iran, leaving passengers stranded and putting thousands of jobs at risk. The airline, already battling financial instability, was pushed over the edge by escalating fuel costs—one of the most critical expenses in
READ MORE
Bola Tinubu Postpones France–Kenya–Rwanda Trip by One Day 0
- GOVERNANCE
- May 3, 2026
Bola Tinubu has shifted his scheduled trip to France, Kenya, and Rwanda by one day, with departure now set for Sunday instead of the earlier planned Saturday. The adjustment was confirmed by presidential spokesperson Bayo Onanuga, who did not provide a reason for the change in schedule. Tinubu is expected to begin the trip in
READ MORE

News in Nigeria