Nigeria’s Oil Output Falls 6.3% in January 2026 Amid Price Volatility
Nigeria’s oil production fell sharply in January 2026, raising concerns about the country’s ability to meet both…
Naira Strengthens to N1,337/$ Amid Global Peace Talks: What It Means for Nigeria’s…
The Nigerian Naira has shown signs of recovery, strengthening to N1,337 per U.S. dollar at the official foreign…
Chams Enters Nigeria’s AI Infrastructure Race with New Subsidiary ChamsCorp
Chams Holding Company Plc, one of Nigeria’s pioneering technology firms, has officially launched a new subsidiary,…
Meta Study Reveals Parental Controls May Not Stop Teens’ Social Media Overuse
A recent internal study by Meta, called Project MYST, suggests that parental supervision and controls—like time…
FG to Review $6.2 Billion MTN-IHS Deal Amid Telecoms Sector Risks
The Federal Government of Nigeria has announced plans to closely scrutinise MTN Group’s proposed $6.2 billion…
Petralon Energy Hits First Oil at Dawes Island, Wins Shell Backing
Petralon Energy has officially struck first oil at its Dawes Island Field, earning strong backing from Shell…
Nigeria Loses N1.76 Trillion After Missing OPEC Crude Oil Quota
Nigeria’s oil sector suffered a staggering N1.76 trillion loss in potential revenue after failing to meet the…
CBN Remains Sole Authority on Exchange Rates for Trade, Clarifies Nigeria Customs
The Nigeria Customs Service (NCS) has clarified that it does not independently set or adjust exchange rates used…
FG Launches GROW Fund to Empower 6,122 Young Entrepreneurs in Nigeria
The Federal Government of Nigeria has officially launched the GROW Fund, a financing initiative aimed at supporting…
Tinubu Advocates for Fairer African Financial System to End High Borrowing Costs
President Bola Tinubu has called for a more equitable global financial system, highlighting that African countries…
Nigeria’s Stock Market Rally Signals Strong Economic Growth, Says President Tinubu
President Bola Tinubu has highlighted the sustained rally in the Nigerian stock market as a clear reflection of the…
European Stocks Set for Higher Open as UK Inflation Cools to 3%
European stocks are poised for a higher open on Wednesday as investors track global market movements and fresh…
NGX Market Capitalisation Falls to N121.55tn as Banking Stocks Trigger Sell-Off
The Nigerian equities market closed lower on Tuesday, ending a multi-day rally as investors took profits in major…
No Power, No Growth: Aliko Dangote Urges Urgent National Retreat to Fix Nigeria’s…
The President and Chairman of Dangote Industries Limited, Aliko Dangote, has warned that Nigeria cannot achieve…
Data Privacy Concerns Threaten Nigeria’s Financial Inclusion Drive
Growing concerns about data privacy in Nigeria’s financial inclusion efforts are emerging as a major obstacle to…
PenCom Equity Limits Reform Sparks N1 Trillion Liquidity Surge on NGX
Nigeria’s stock market is witnessing a powerful surge after the National Pension Commission (PenCom) revised the…
Nigeria’s Gas Market in 2025: Exports Surpass Domestic Sales, Driving Sector…
Nigeria’s gas sector saw a remarkable performance in 2025, with exports overtaking domestic sales for the first…
Ghana Needs National Agriculture Database to Protect Farmers and Stabilize…
The Chief Executive Officer of the Chamber of Agribusiness Ghana, Anthony Morrison, has urged the government to…
FGN Savings Bond Records N5.9bn in February 2026 Subscriptions, Three-Year Tenor…
The Federal Government of Nigeria (FGN) has successfully raised N5.913 billion from retail investors through its…
Nigerian Stock Market Surges N6.79 Trillion as PenCom Raises Pension Fund Equity…
The Nigerian stock market recorded a remarkable gain of N6.79 trillion in its week-on-week performance, driven by…
Nigeria Tax Reform Committee Clarifies No 25% Levy on Construction or Bank Funds
The Presidential Fiscal Policy and Tax Reforms Committee has dismissed circulating claims of a 25 per cent tax on…
Universal Insurance Deposits N1.5bn with CBN to Meet Recapitalisation Requirement
As the deadline for insurance companies to meet the new minimum capital requirements approaches, several firms are…
Naira Strengthens to N1,347/$ as Official and Parallel Rates Narrow – Market…
The naira made significant gains at the start of the week, appreciating in both the official and parallel foreign…
Tinubu Urges Creation of Africa’s Own Credit Rating Agency to Reduce Borrowing…
In a Financial Times Op-Ed on Monday, President Bola Tinubu called for the creation of an Africa-owned credit…
Nigeria’s Digital Infrastructure: Turning Promise into Global Production Power
Nigeria’s digital journey has been remarkable over the past decade. From seamless payments across platforms to…
EU Threatens Meta Over WhatsApp AI Restrictions, Signals Swift Action Against Tech…
The European Union has intensified its scrutiny of Meta Platforms, warning the social media giant that it could…
NRS Launches E-Invoicing for Medium-Sized Businesses to Boost Tax Transparency
The Nigeria Revenue Service (NRS) is introducing a major digital shift for medium-sized enterprises with its new…
Nigeria’s Inflation Drops to 15% as Naira Stability Strengthens Investor…
Nigeria’s inflation rate plunged to 15.10% in January 2026, marking a significant improvement from 27.61% in…
Dangote Group Invests $400 Million in Equipment to Expand Refinery and Boost…
Dangote Group has taken a major step to accelerate its industrial ambitions, signing a $400 million agreement with…
Nigerian Breweries Posts N1.467 Trillion Revenue in 2025, Signals Strong Recovery
Nigerian Breweries Plc has reported a remarkable turnaround, posting revenue of N1.467 trillion for the financial…