Average Petrol Price Drops to N1,061 in November 2025 – NBS Report
The average retail price of Premium Motor Spirit (PMS), commonly known as petrol, fell to N1,061.35 in November 2025, according…
Day: December 23, 2025
ChatGPT Launches App Store, Opens Platform to Developers Worldwide
OpenAI has officially opened its ChatGPT platform to app developers, allowing them to submit their programs for review and potential…
Nigeria’s Oil Revenue Falls Short by N16.2tn Despite Higher Production in 2025
Nigeria’s oil revenue fell sharply short of government projections in the first half of 2025, recording a N16.2tn deficit despite…
NGX Rallies as Investors Gain N257bn on Optimism in Key Stocks
The Nigerian Exchange (NGX) kicked off the week on a high note as investors gained N257 billion, driven by renewed…
NNPC Earns N890.8bn in Management Fees and Frontier Funds in 11 Months
The Nigerian National Petroleum Company Limited (NNPC) has earned a total of N890.8 billion from management fees and the Frontier…
Oil Prices Rise After US Intercepts Venezuelan Crude Tanker
Oil prices climbed sharply in early trade yesterday following the US interception of a crude oil tanker near Venezuela in…
Ghana to Operationalise Crypto Law: BoG and SEC Set to Issue Guidelines for Virtual Assets
Ghana is taking a major step toward formalising its cryptocurrency market as the Bank of Ghana (BoG) and the Securities…
FG Leans on Domestic Investors to Bridge Funding Gap: Implications for Nigeria’s Fixed Income Market
The Federal Government (FG) has increasingly relied on domestic investors to fund its borrowing needs, shaping the dynamics of Nigeria’s…
NNPC’s Strategic Reinvention Under Bayo Ojulari Drives Sustainable Growth
Under the leadership of Group Chief Executive Officer Bashir Bayo Ojulari, NNPC Limited is redefining how a national oil corporation…
CBN Reforms Drive Global Investor Confidence in Nigeria’s Economy
Nigeria is stepping boldly onto the global stage, showcasing reforms aimed at winning back long-term investors. At the US–Nigeria Executive…
ChatGPT Mobile App Surpasses $3 Billion in Global Consumer Spending
ChatGPT’s mobile app has reached a major milestone, generating an estimated $3 billion in worldwide consumer spending since its launch…
Dangote Petroleum Launches Hotline to Report Fuel Stations Selling PMS Above N739
Dangote Petroleum Refinery has unveiled a nationwide hotline to empower Nigerians to report filling stations selling Premium Motor Spirit (PMS)…
FIRS Confirms NIN Automatically Serves as Tax ID for Nigerians
The Federal Inland Revenue Service (FIRS) has officially confirmed that the National Identification Number (NIN) issued by the National Identity…
Lawmakers May Suspend January 2026 Tax Reform Over Alleged Gazetted Alterations – Oyedele
Nigeria’s planned January 2026 rollout of new tax reform laws could be suspended, following allegations of alterations in the gazetted…
Naira Depreciation Hits Two-Month Low Amid Liquidity Crunch and Weak Detty December Inflows
The Nigerian naira weakened to a two-month low last week, trading at N1,466.5 to the dollar at the official forex…
Top 10 NGX Brokers Control 87% of Market Transactions Amid Year-End Rally
Fresh data from the Nigerian Exchange (NGX) shows that ten stockbroking firms dominated market activity in the week ending December…
SEC Sets January 31 Deadline for Capital Market Operators’ Registration Renewal
Nigeria’s Securities and Exchange Commission (SEC) has directed all capital market operators (CMOs) to renew their registration between January 1…
U.S. Treasury Yields Fall Ahead of Key Debt Auctions as Investors Eye Inflation Outlook
U.S. Treasury yields moved lower on Tuesday as investors adopted a cautious stance ahead of a series of key government…
Why Investors Chose Dollar Over Naira Investments Despite Signs of Economic Recovery – Lukefield Finance CEO
Despite recent signs that Nigeria’s economy may be turning a corner, many investors are still cautious. According to Omotayo Asupoto,…
Nigeria Partners PlotWeaver to Deploy AI Tools for Filmmakers Nationwide
The Federal Government, through the Nigerian Film Corporation (NFC), has entered into a strategic partnership with PlotWeaver, an artificial intelligence–powered…