Banks Slash Central Bank Deposits by N2.22 Trillion After CBN Interest Rate Adjustment
Banks in Nigeria significantly reduced their deposits at the Central Bank of Nigeria (CBN) last month, pulling back N2.22 trillion…
Day: December 8, 2025
How Chevron Nigeria’s Strategic Infrastructure Safeguards Strengthened Oil Production
Chevron Nigeria is ramping up its deepwater oil production in a strategic effort to expand growth opportunities across the country.…
Nigeria’s Economic Growth Cosmetic, Leaving Citizens in Poverty – Expert Warns
Former NACCIMA President Dele Kelvin Oye has cautioned that Nigeria’s celebrated economic growth masks the harsh realities faced by its…
Investors Flock to High-Value Industrial Stocks as Nigerian Market Ends Year Strong
As 2025 nears its close, Nigerian equities saw a surge in investor activity, particularly in high-value industrial stocks, boosting market…
Redmi 14C Review: Xiaomi’s Budget Phone Packs Big Battery and 120Hz Display
Xiaomi’s Redmi 14C is the latest addition to the popular C-series, designed for users who want a large display, long…
OpenAI Disables App Suggestions After User Backlash Over “Ad-Like” Prompts
OpenAI has temporarily turned off app suggestions in ChatGPT following complaints from paying users who felt certain prompts resembled ads.…
NITDA Warns Nigerians About ChatGPT Vulnerabilities That Risk Data Leakage
The National Information Technology Development Agency (NITDA) has raised alarm over newly discovered vulnerabilities in ChatGPT that could put Nigerian…
Diesel Prices Surge 9.45% in October to N1,398/Litre Amid Supply and Market Pressures
Nigeria’s average retail diesel price rose sharply in October 2025, climbing 9.45 percent month-on-month to N1,398.57 per litre, according to…
BII and FCMB Launch $50M Credit Facility to Empower Northern Nigerian MSMEs
British International Investment (BII), the UK’s development finance institution, has joined forces with First City Monument Bank (FCMB) to launch…
Nigeria’s GDP Growth Projected at 4.1% in 2026 Driven by Non-Oil Sector Expansion
Nigeria’s economy is set to expand at a moderate pace in 2026, with GDP growth projected at 4.1 per cent,…
Ellah Lakes Public Offer Extended to 19 December 2025 Amid Rising Investor Demand
Ellah Lakes Plc has officially extended its public offer for 18.8 billion shares at N12.50 each to 19 December 2025,…
Fidson, MeCure, or Neimeth: Which Nigerian Pharma Stock Offers the Best Investment Value in 2025?
Investors seeking opportunities in Nigeria’s pharmaceutical sector have three notable options: Fidson Healthcare Plc, MeCure Industries Plc, and Neimeth International…
Bazara Tech Launches Manovar: AI-Powered Corporate Banking Platform Transforming Africa’s Financial Sector
Bazara Tech has officially launched Manovar, an AI-powered corporate banking and asset management platform designed to unify fragmented systems, automate…
BREAKING: Nigeria’s external reserves surpass $45 billion – first time in 6 years
Nigeria’s external reserves have officially crossed the $45 billion mark, marking the first time in six years that the country…
Naira Set to Break N1,445/$ as Fed Rate Cut Expectations Boost Nigerian Currency
The Nigerian Naira has maintained relative stability against the US dollar in the official market, even as expectations build for…
FG, SEC, NGX Unite to Ensure Smooth Capital Gains Tax Reform in Nigeria
The Federal Government (FG) has launched the National Tax Policy Implementation Committee (NTPIC), signaling a deliberate and coordinated approach to…
X Suspends European Commission’s Ad Account Following €120M Fine Over Blue Checkmarks
Social media giant X has suspended the European Commission’s ad account after the EU body fined the platform €120 million…
Nigerian Stock Market Surges N2.44tn Driven by ICT and Banking Stocks
The Nigerian Exchange Limited (NGX) closed the week on a high note, with the market surging by N2.44 trillion, thanks…
European Markets Slip as Investors Await Crucial Fed Rate Decision
European markets opened the week on a quiet note on Monday, with major indexes edging slightly lower as global investors…
Nigerian Insurance Leaders Push for Tech-Driven Growth as Sector Seeks Wider Reach
Stakeholders in Nigeria’s insurance industry are calling for urgent technology-driven solutions to expand the sector and strengthen its ability to…
Nigerian Banks Shift Focus to New Revenue Streams as FX Gains Dry Up
As foreign exchange gains that boosted Nigerian banks over the past two years begin to fade, financial experts say lenders…