Nigeria’s Power Sector Gets N3.3 Trillion Lifeline as Eight GenCos Sign Debt…
Eight of Nigeria’s major power generation companies, including Transcorp Power, Egbin Power, and Geregu Power Plc,…
Nigeria Shifts to Tax-Driven Revenue Model as Oil Income Plummets by 26% Over 15…
Nigeria’s federal revenue landscape is undergoing a historic transformation, with tax and non-oil income…
FG Raises 2026 Borrowing to N29.2 Trillion as Nigeria’s Fiscal Deficit Widens
The Federal Government of Nigeria has raised its borrowing plan for 2026 to N29.2 trillion, reflecting a sharp…
Naira Settlement Policy Transforms Nigeria’s Diaspora Remittance System
The Central Bank of Nigeria (CBN) has unveiled a landmark naira settlement policy that will transform how diaspora…
AfDB Approves $11.3M for Mini-Grids to Boost Electricity Access in Nigeria and 13…
The African Development Bank (AfDB) has approved $11.3 million in renewable energy funding to expand electricity…
Asia-Pacific Markets Trade Mixed Amid U.S.-Iran Tensions and Strait of Hormuz…
Asia-Pacific markets traded mixed on Tuesday as investors navigated growing geopolitical uncertainty surrounding…
Best Performing Nigerian Stocks for Easter Week 2026: MTN and GTCO Lead Gains
The Nigerian equities market posted modest gains during the Easter week ended April 2, 2026, with the All-Share…
NGX Weekly Turnover Falls to 2.856 Billion Shares Amid Shortened Trading Week
Activity on the floor of the Nigerian Exchange Limited (NGX) slowed sharply last week as trading was limited to…
Africa Prudential Strengthens Performance and Accelerates Digital Growth in 2025
Africa Prudential Plc has reaffirmed its financial resilience and growth momentum, sustaining strong returns while…
Ghana Stock Market Boom Sparks Crackdown on Unlicensed Online Investment Advisors
Ghana’s thriving stock market is drawing increasing attention, but it’s also triggering regulatory warnings. The…
Rising Oil Prices Weaken African Currencies, Deepen Inflation Risks Across the…
African economies are facing a sharp financial strain as global oil prices surge by over 50 percent, pushing crude…
US-Iran War Sparks Economic Strain on Nigerian Businesses and Consumers
The Nigerian business economy is under renewed strain as the ongoing war between the United States and Iran, which…
UN Warns Trump Against Iran Strikes as Deadline Nears: Tensions Escalate in Middle…
The United Nations has issued a stark warning to United States President Donald Trump, cautioning that his threats…
Treasury Yields Steady After Strong U.S. Jobs Report as Middle East Tensions Cloud…
U.S. Treasury yields held steady on Monday as investors weighed a surprisingly strong March jobs report against…
Nigeria’s Foreign Reserves Drop by $850 Million Amid Election Spending and FX…
Nigeria’s foreign reserves have declined by about $850 million within three weeks, raising fresh concerns among…
Nigeria’s $850 Million Foreign Cloud Dependence Exposes Fintech Sector to Global…
Nigeria’s fast-growing digital economy is facing new scrutiny as companies spend an estimated $850 million annually…
Asia-Pacific Markets Plunge as Oil Surges After Trump’s Iran War Speech
Asia-Pacific markets experienced sharp losses on Thursday, reversing earlier gains, as oil prices surged following…
Ghana Reference Rate Drops to 10.06% as Lending Costs Start to Ease
Ghana’s financial landscape is seeing a welcome shift as the Ghana Reference Rate (GRR) falls to 10.06% in April…
NCC Urges Patience as Telecom Operators Held Accountable for Service Quality
The Nigerian Communications Commission (NCC) has called on Nigeria’s 184 million active telecom subscribers to…
Nigeria’s Economic Growth Slows in March 2026 Amid Rising Costs – CBN PMI Report
Nigeria’s economy maintained its growth streak in March 2026, with the Central Bank of Nigeria (CBN) reporting a…
NGX Group Hosts African Exchange Leaders with Dangote to Boost Cross-Border…
The Nigerian Exchange Group (NGX Group) convened a high-level gathering of chief executives and senior…
Google and Slum2School Launch “Stories from Our Home” to Preserve Nigerian…
Google has teamed up with Slum2School Africa and top Nigerian creators to bring the magic of local stories to…
Nigeria Eyes Global Markets to Boost Trade Amid Structural Challenges
The federal government is accelerating its push toward an export-driven economic model, with Finance and…
Banking Stocks Propel Nigerian Market to N599 Billion Gain as Q2 2026 Kicks Off
The Nigerian stock market opened the second quarter of 2026 on a high note, recording a significant N599 billion…
Nigerian States Return to Borrowing Despite FAAC Windfall: Debt Hits N4 Trillion
Nigerian states are returning to heavy borrowing even as allocations from the Federation Account Allocation…
Nigeria Launches 950,000-Barrel Export of New Cawthorne Crude, Boosting Energy…
The Nigerian National Petroleum Company Limited (NNPC) has successfully exported 950,000 barrels of the newly…
Tinubu’s Naira-for-Crude Policy Ensures Fuel Supply Stability Amid Global Energy…
President Bola Tinubu’s Naira-for-Crude initiative has helped Nigeria maintain a stable supply of petroleum…
Nigeria’s Oil and Gas Reserves Reach 37 Billion Barrels and 215 TCF in 2026, NUPRC…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially confirmed the country’s total…
CBN Bank Recapitalization Set to Boost SMEs and Strengthen Nigeria’s Financial…
The Central Bank of Nigeria (CBN) has confirmed that 33 banks successfully met the revised minimum capital…
Hot Money Inflows Drive Nigeria’s $23B Capital Surge, But Analysts Warn of…
Nigeria’s capital importation surged to $6.44 billion in the fourth quarter of 2025, pushing total inflows for the…