IMF Endorses CBN Recapitalisation as Nigeria’s Banking Buffers Strengthen…
The International Monetary Fund (IMF) has backed Nigeria’s recent bank recapitalisation exercise, praising the…
Nigeria’s Terms of Trade Rise Marginally by 0.01% in Q4 2025 as Exports Edge Up
Nigeria recorded a marginal improvement in its all-commodity terms of trade (ToT), which rose by 0.01 per cent in…
Oil and Gas Stocks Surge 17.6% as Nigerian Market Adds N8.7 Trillion in Weekly…
The Nigerian equities market recorded a strong week of trading as the oil and gas sector emerged as the biggest…
FG Refutes Claims of Hidden Spending, Says World Bank Report Misinterpreted
The Federal Government has pushed back against claims suggesting there is “hidden spending” within Nigeria’s…
Naira Strengthens to N1,348 Per Dollar Amid US–Iran Tensions and FX Market…
The Nigerian naira continued its steady recovery on Monday, strengthening to N1,348 per US dollar in the official…
Lagos Unveils Cybersecurity Guidelines as Nigeria Loses $500 Million Annually to…
The Lagos State Government has introduced a new set of cybersecurity guidelines aimed at strengthening…
CBN Says Economic Reforms Shield Nigeria From Severe Global Shock Impact
The Central Bank of Nigeria (CBN) has stated that its recent economic reforms have played a key role in shielding…
Petrol Price Drop in Nigeria Uncertain as Strait of Hormuz Crisis Deepens
Hopes for a significant petrol price drop in Nigeria have faded following renewed tensions in the Strait of Hormuz,…
NGX Activates Rights Trading for Insurance Firms to Boost Capital Base
The Nigerian Exchange (NGX) has activated trading codes for the rights issues of Guinea Insurance Plc, Lasaco…
European Markets Slide as Gulf Tensions Threaten Ceasefire Stability
European markets began the week on a cautious note, slipping into negative territory as renewed tensions in the…
NGX Weekly Report: N195bn Shares Traded as Market Capitalisation Hits N139trn
Nigeria’s stock market recorded a strong week of activity as the Nigerian Exchange Limited (NGX) announced…
AI-Driven Cybercrime Losses Surge Past $893 Million in 2025 – FBI Report Warns of…
The Federal Bureau of Investigation (FBI) has revealed that cybercrime powered by artificial intelligence (AI) led…
Nigeria Targets $100bn Annual Infrastructure Spend, Deepens PPP Drive to Close…
Nigeria is ramping up efforts to address its massive infrastructure deficit by targeting about $100 billion in…
Nigeria Targets $2.3 Trillion Infrastructure Investment Gap with PPP Push
Nigeria is ramping up efforts to close its massive infrastructure deficit, estimated at $2.3 trillion…
Nigeria Revenue Service to Launch Rev360 Platform to Transform Tax Administration
The Nigeria Revenue Service (NRS) has announced plans to launch its next-generation revenue administration…
Oil Prices Climb as US-Iran Talks Boost Market Sentiment Amid Supply Concerns
Crude oil prices edged higher on Thursday, with West Texas Intermediate (WTI) trading close to $92 per barrel and…
Antioch Raises $8.5M to Build “Cursor for Physical AI” as Robotics Simulation Race…
Antioch, a New York-based startup positioning itself as a “Cursor for physical AI,” is betting that the next big…
European Stocks Trade Mixed as Iran Conflict and Energy Pressures Weigh on…
European stocks ended Friday’s session in mixed territory as investors remained cautious amid ongoing…
CBN Mops Up N4.48 Trillion in Aggressive Liquidity Tightening to Stabilise…
The Central Bank of Nigeria (CBN) has stepped up its liquidity management drive, mopping up a total of N4.48…
Guinness Nigeria Returns to Profit, Declares N2 Dividend as Investors Welcome…
Guinness Nigeria Plc has made a strong comeback to profitability, marking a major milestone in its recovery journey…
NGX Market Capitalisation Surges by N1.66tn as Bullish Momentum Drives Nigerian…
The Nigerian Exchange (NGX) recorded a strong upswing in market performance as bullish sentiment…
Afreximbank profit rises to $1.15bn as assets hit N56.7trn in 2025 financial…
The African Export-Import Bank (Afreximbank) has reported strong financial results for the 2025 fiscal year,…
Nigerian Breweries Stock Rally Hits 135% as Recovery Plan Restores Investor…
Nigerian Breweries Plc says its sharp share price rally is a clear sign that investors are regaining…
Over 20 Million People at Risk of Food Insecurity in Sub-Saharan Africa Amid…
The International Monetary Fund (IMF) has raised alarm over worsening food security in Sub-Saharan Africa,…
OpenAI Codex Upgrade: AI Coding Tool Gains Desktop Control to Challenge Anthropic
OpenAI has stepped up its competition with Anthropic by rolling out a major upgrade to its AI coding assistant,…
AfDB Approves $200m Loan for Nigeria Fibre Expansion Project to Boost Broadband,…
The African Development Bank (AfDB) Group has approved a $200 million loan to support Nigeria’s ambitious Digital…
NNPCL Faces ₦210 Trillion Audit Query as Nigerian Senate Demands Full…
The Nigerian Senate has intensified its oversight of the Nigerian National Petroleum Company Limited (NNPCL),…
IEA Warns Europe Could Run Out of Jet Fuel in Six Weeks as Middle East Conflict…
The International Energy Agency (IEA) has raised alarm that Europe may have as little as six weeks of jet…
Oando JV Begins Gas Supply to 60MW Yenagoa Power Plant, Boosting Bayelsa…
Oando Plc has announced that its joint venture with NNPC E&P Limited has officially begun gas delivery to a…
Nigeria Not Seeking IMF Loan — Wale Edun Dismisses Borrowing Speculation
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has firmly stated that the…