UACN Stock Rise Hits 22.7% in December’s First Week, Eyes N100 Milestone
Shares of UAC of Nigeria Plc (UACN) soared by 22.69% in the first trading week of December 2025, propelling its…
Daily Archives
December 9, 2025
European Markets Edge Higher Ahead of Federal Reserve Rate Decision
European markets saw modest gains on Tuesday as investors kept a close eye on the U.S. Federal Reserve’s upcoming…
Nigeria Transport Sector Growth Slows to 9.87% in Q3 2025 Amid Infrastructure…
Nigeria’s transport sector growth decelerated to 9.87 percent in the third quarter of 2025, reflecting ongoing…
Global Trade Growth Set to Slow in 2026, UN Warns
Global trade and economic growth are expected to slow in 2026, the United Nations Conference on Trade and…
Nigerian Software Testers Call for Stricter Quality Standards to Boost Digital…
Software testers across Nigeria have called for stricter quality standards and enhanced software testing practices…
FG Bans Cash Payments in MDAs, Mandates POS Terminals for All Federal Revenue
The Federal Government of Nigeria has officially banned the use of physical cash for revenue payments across all…
NNPC Receives $185 Million and N14.9 Billion from Frontier Exploration Fund –…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that the Nigerian National Petroleum…
Insurance and Banking Stocks Boost NGX Market Capitalisation by N247bn
The Nigerian Exchange Limited (NGX) opened the week on a positive note as market capitalisation surged by N247.21…
Naira Records Mild Depreciation at Official FX Market to N1,451.86/$
Nigeria’s currency saw a modest decline at the official foreign exchange market on Monday, closing at N1,451.86/$,…
Asia-Pacific Markets Slide Ahead of Federal Reserve Rate Decision
Asia-Pacific markets saw a mostly negative session on Tuesday as investors reacted to Wall Street losses and…
Meta to Give EU Users Choice Over Personalised Ads Starting January 2026
Meta Platforms Inc., the parent company of Facebook and Instagram, will soon give European Union users the power to…
FG, SEC, and NGX Collaborate on Capital Gains Tax Reform to Boost Investor…
The Federal Government has launched the National Tax Policy Implementation Committee (NTPIC) to oversee the rollout…
FG Directs MDAs to Roll Over 70% of 2025 Capital Budget into 2026
The Federal Government (FG) has directed all ministries, departments, and agencies (MDAs) to roll over 70% of their…
Dangote Refinery and Stronger Naira Drive Petrol Prices Down in Nigeria
Petrol prices in Nigeria have started trending downward, offering some relief to consumers facing rising energy…
Nigeria Advances T+1 Settlement and Market Reforms to Boost Investor Confidence
The Securities and Exchange Commission (SEC) of Nigeria has unveiled a comprehensive set of reforms aimed at…
10 Nigerian Stocks That Skyrocketed Over 1500% Since 2015
Since 2015, the Nigerian Exchange (NGX) has witnessed remarkable growth, outpacing broader economic trends. The…
Nigeria Unifies Revenue Systems in Landmark Digital Reform Ahead of 2026 Rollout
Nigeria has launched its most sweeping public finance overhaul since the Treasury Single Account (TSA), unveiling a…
Nigerian SMEs Halt Spending as 2026 Tax Reforms Spark Nationwide Uncertainty
Nigeria’s small and medium-sized enterprises (SMEs) are slowing spending, delaying expansion, and holding back…
U.S. Clears Nvidia H200 Chip Exports to China Amid Rising Political Tensions
The U.S. Department of Commerce has officially approved Nvidia’s request to export its powerful H200 artificial…
CBN Confirms 82 Licensed BDCs Under New Tougher Rules
The Central Bank of Nigeria has officially confirmed that only 82 Bureaux De Change (BDCs) have met the…
FG Cuts Oil Block Entry Fee to $3m as 2025 Licensing Round Opens
The Federal Government has significantly reduced the financial entry barrier for oil investors as the 2025…