Oil Marketers Raise Alarm Over N1,350 Petrol Pricing, Question Import Licences
Nigeria’s downstream petroleum sector is facing fresh controversy as oil marketers have accused major fuel…
NGX Free Float Rule: Why a Mandatory 20% Requirement Could Transform Nigeria’s Stock Market
Calls are growing for the Nigerian Exchange (NGX) to enforce a strict 20% free float…
Treasury Bills Outperform Inflation as Nigeria’s Fixed-Income Market Delivers Positive Real Returns
Nigeria’s fixed-income market is experiencing a significant turnaround as Treasury bills and Federal Government of…
Nigeria Set to Host African ICT Ministers’ Conference to Shape Continent’s Digital Future
Nigeria is preparing to welcome telecommunications and digital economy leaders from across the continent as…
Cooking gas imports surge by 1,400% as petrol supply dips by 22%
Nigeria’s dependence on imported cooking gas has intensified after Liquefied Petroleum Gas (LPG) imports soared…
States Pocket N2.37tn VAT Windfall as New Tax Sharing Formula Boosts Revenue
State governments across Nigeria received a massive N2.37 trillion from Value Added Tax (VAT) revenue…
Nigeria FX Spot Transactions Push Weekly Forex Turnover Up 46% to $2.39 Billion
Nigeria’s foreign exchange market staged a strong comeback in the week ended July 17, 2026,…
MPC Set to Hold Interest Rate at 26.50% as Inflation Risks and Global Oil Tensions Persist
Nigeria’s Monetary Policy Committee (MPC) is widely expected to leave the benchmark interest rate unchanged…
Abuja CityWalk to make FCT Africa’s next investment hub – Tinubu
Nigeria’s ambition to become a leading destination for global investment received a major boost as…
OPEC Warns High Inflation Could Undermine Nigeria’s Economic Gains Despite Rising Oil Output
Nigeria’s economy may be enjoying a boost from rising crude oil production and stronger government…
SEC Pushes for Near-Zero Trade Failures as Nigeria’s T+1 Settlement Reform Gains Momentum
Nigeria’s capital market is entering a new era of speed and efficiency as the Securities…
Nigerian Crude Prices Surge as US-Iran Conflict Disrupts Strait of Hormuz Shipping
Nigerian crude prices surged to a 10-day high after escalating military tensions between the United…
Banking Stocks Surge 9.3% as Recapitalisation Sparks Investor Confidence on NGX
Renewed investor confidence in Nigeria’s banking sector fueled a strong rally in banking stocks last…
Agribusinesses in Nigeria, Kenya, three others to get recognitions
The race to celebrate Africa’s food and agriculture champions has officially begun as public nominations…
FG Raises N729bn Bond to Clear GenCos’ Debts, Boost Nigeria’s Power Sector Stability
The Federal Government has unveiled plans to raise approximately N729 billion through a new bond…
IPMAN Warns Rising Petrol Imports Could Trigger Higher Fuel Prices in Nigeria
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has sounded the alarm over the growing…
Dollar sale row: Marketers halt Dangote fuel loading, FG steps in
Nigeria’s downstream petroleum sector has been thrown into fresh uncertainty following reports that the Dangote…
CBN Capital Rules Could Trigger N972bn Equity Rush for Nigerian Banks
Nigeria’s banking sector could be on the verge of a massive capital-raising exercise as new…
$400 Million AI Inference Chip Deal Signals Shift Away from Nvidia-Dominated GPU Market
The artificial intelligence industry may be witnessing the start of a new era as General…
CBN HoldCo Capital Buffer May Force Nigerian Banks to Raise N1.7 Trillion, RenCap Warns
Nigeria’s banking sector could be heading for another major capital-raising exercise as Renaissance Capital (RenCap)…
Tinubu Signs Virtual Assets Executive Order, Launches Council to Strengthen Crypto Regulation in Nigeria
President Bola Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination, 2026, marking…
Dangote Refinery Emerges Major Winner as US-Iran Conflict Boosts Demand, Wealth Soars
Africa’s richest man, Aliko Dangote, is emerging as one of the biggest beneficiaries of the…
Nigeria Crude Oil Production Hits N41.7tn in Six Months as Output Shows Strong Recovery
Nigeria earned an estimated N41.74 trillion from crude oil and condensate production in the first…
Dangote Refinery Crude Imports Raise Fresh Doubts Over Nigeria’s Crude-for-Naira Policy
Nigeria’s crude-for-naira initiative has come under renewed scrutiny following revelations that the Dangote Petroleum Refinery…
African Leaders Launch Bold Plan to Boost Intra-African Livestock Trade Under AfCFTA
African leaders have unveiled an ambitious strategy to unlock the full potential of the continent’s…
Food prices now biggest threat to Nigeria’s inflation, beyond CBN control—Analysts
Nigeria’s battle against inflation is entering a new phase, and experts say food prices are…
Telecom operators endorse NCC framework
Nigeria’s telecommunications industry has thrown its weight behind the Nigerian Communications Commission’s (NCC) proposed Mobile…
Nigeria Net FX Reserves Surge Over 1,200% as CBN Reforms Boost Investor Confidence
Nigeria’s net foreign exchange (FX) reserves have recorded a remarkable increase of more than 1,200…
Nigerian Equities Market Loses N32bn as Profit-Taking Halts Bullish Rally
The Nigerian equities market suffered a setback on Thursday as investors lost an estimated N32…
Businesses urged to prepare for AI misinformation before polls
As Nigeria moves closer to the 2027 general election, businesses, investors, and institutions are being…