FUGAZ Banks Drag Nigerian All-Share Index Down 0.23% Despite Surge in Trading Volume
The Nigerian stock market faced a modest downturn on Tuesday, 19th November, as the All-Share Index (ASI) slipped 340.50 points…
Day: November 20, 2025
Nigeria’s Pension Assets Hit N26 Trillion in September 2025 Amid Market Volatility
Nigeria’s pension industry maintained a strong growth trajectory in September 2025, with total assets rising to N26.09 trillion, up from…
Nigeria Q3 2025 GDP Outlook: Analysts Split Between 3.9% Slowdown and 4.5% Growth
Nigeria’s Gross Domestic Product (GDP) report for the third quarter of 2025 is stirring debate among economists, with forecasts ranging…
Nigerian Stock Market Opens Week in Red, N1.17 Trillion Lost Amid Decline in Major Stocks
The Nigerian equities market began the week on a downward trend, recording a staggering N1.172 trillion loss. The All Share…
CBN Warns Public: Zuldal Microfinance Bank Not Licensed to Operate in Nigeria
The Central Bank of Nigeria (CBN) has issued a stern warning to the public over an entity claiming to operate…
Lagos SME Bootcamp Empowers Over 700 Entrepreneurs with Skills and Funding Opportunities
Over 700 small business owners gathered in Lagos for the 8th edition of the Lagos SME Bootcamp, an annual event…
TotalEnergies and Conoil Complete Strategic Asset Swap in Nigerian Offshore Blocks
In a strategic move reshaping offshore oil operations in Nigeria, TotalEnergies Marketing Nigeria Plc has signed an asset swap agreement…
Nvidia Reports Record $57B Q3 Revenue as AI Demand Soars
Nvidia has shattered expectations with a record $57 billion in third-quarter revenue, marking a 62% increase from the same period…
Google Launches AI Skilling Blueprint to Bridge Africa’s AI Skills Gap
Google has unveiled a major initiative to tackle Africa’s widening artificial intelligence (AI) skills gap, aiming to equip the continent’s…
Meta Completes 2Africa Subsea Cable, Bringing Faster Internet to 3 Billion People
Meta has announced the successful completion and activation of the 2Africa subsea cable, a transformative project designed to enhance internet…
Alles Charis Gas Boosts Domestic LPG Supply with New 500MT Depot in Ondo
Alles Charis Gas Limited has taken a significant step in deepening domestic LPG supply in Nigeria by commissioning a 500-metric-tonne…
PENGASSAN Raises Alarm Over Eroding Oil and Gas Retirees’ Pensions
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has raised concerns over the declining value of pensions…
Nigeria’s New Tax Reform Law Makes Virtual Currencies Taxable – Oyedele
Nigeria has officially brought virtual currencies, including cryptocurrencies, under its tax umbrella as part of the country’s sweeping fiscal reform,…
Nigeria’s Aviation Sector: Africa’s Most Under-Exploited Market, Says President Tinubu
President Bola Ahmed Tinubu has called on global investors to explore the vast potential in Nigeria’s aviation sector, describing it…
FG, States, LGs Share N2.09 Trillion in October 2025 FAAC Allocation
The Federal Government, states, and local governments shared a total of N2.094 trillion from the October 2025 Federation Account Allocation…
Nigeria Targets N1.49tn Annual Revenue from West African Electricity Exports
Nigeria is set to earn nearly $1 billion (about N1.49 trillion) annually from electricity exports to 15 West African countries…
CATL Shares Drop as Lockup Expires, Triggering Investor Sell-Off in Hong Kong
China’s battery giant CATL saw its Hong Kong-listed shares tumble on Thursday, falling as much as 8.75% after a major…
Nigerian Bank Stocks Slide as Sell-Off Deepens on NGX in November 2025
The Nigerian stock market has been caught in a wave of heavy sell-offs this November, with banking stocks at the…
Nigerian Stock Market Dips Further as Investors Lose N216bn — Market Capitalisation Falls Again
The Nigerian stock market extended its bearish run on Wednesday as investors lost an additional N216bn, deepening concerns over persistent…
Banks Alert Customers as FIRS Intensifies Enforcement of 10% Tax on Fixed-Income Interest
Nigerian banks have begun issuing fresh alerts to customers after the Federal Inland Revenue Service (FIRS) reaffirmed the enforcement of…