Nigerians Trade $50 Billion in Crypto as SEC Warns of Declining Capital Market Participation
Nigeria’s Securities and Exchange Commission (SEC) has expressed concern over the country’s growing preference for cryptocurrency trading, warning that the…
Year: 2025
FATF Delisting to Boost Foreign Investments in Nigeria, Says SEC DG Emomotimi Agama
Nigeria’s removal from the Financial Action Task Force (FATF) grey list has been hailed as a major milestone for the…
FCMB’s ₦160bn Offer to Bolster Capital Base, Strengthen Resilience – CEO Ladi Balogun
First City Monument Bank (FCMB) Group has reaffirmed its commitment to building a more resilient financial institution through its ongoing…
Nigerian Stocks Fall by ₦94bn as Investors Cash Out on Blue-Chip Gains
The Nigerian equities market opened the week on a bearish note as investors booked profits from earlier gains on blue-chip…
Nigerian Breweries Completes Full Integration of Distell Nigeria to Boost Wine and Spirit Production
Nigerian Breweries Plc has officially completed the full integration of Distell Nigeria Limited into its operations, marking a major milestone…
Lagos Introduces Flexible Payment Plan to Relocate Computer Village Traders to Katangowa ICT Hub
The Lagos State Government has launched a flexible payment scheme to ease the long-awaited relocation of traders from Ikeja’s overcrowded…
The Evolution of Artificial Intelligence: From Early Concepts to Modern Innovation
Artificial intelligence (AI) has become a cornerstone of modern technology, enabling machines to mimic human intelligence through learning, problem-solving, and…
Nigerian Stocks Surge: NGX All-Share Index Hits Historic 155,645 as Industrial and Telecom Giants Lead Gains
The Nigerian stock market closed the week ended October 24, 2025, on a historic high, with the All-Share Index (ASI)…
Nigeria Sees $50 Billion in Cryptocurrency Transactions as Traditional Market Struggles – SEC Reports
Nigeria processed over $50 billion in cryptocurrency transactions between July 2023 and June 2024, highlighting the growing sophistication and risk…
NGX Surges 4.48%, Adds N4.32 Trillion in Weekly Gains Amid Renewed Investor Optimism
Investors sent the Nigerian Exchange Limited (NGX) soaring this week, driving a 4.48% rise in the market and adding a…
Abbey Mortgage Bank Reports N1.45bn Profit in Nine Months, Earnings Surge 56% YoY
Abbey Mortgage Bank Plc has announced a robust profit after tax of N1.45 billion for the nine months ending September…
Africa Prudential Reports 53% Profit Surge in Nine Months, Boosted by Core Registrar Growth
Africa Prudential Plc, a leading provider of share registration services and capital market solutions, has recorded a remarkable 53% increase…
Forex Traders in Survival Mode as CBN Halts Dollar Supply to BDCs
Bureau De Change (BDC) operators across Nigeria are struggling to keep their businesses afloat as the Central Bank of Nigeria…
Dangote Refinery Expansion to 1.4 Million BPD Begins, Promises Stable Fuel Supply This Festive Season
Africa’s richest man, Aliko Dangote, has officially kicked off the expansion of the Dangote Petroleum Refinery in Lagos, aiming to…
BoG Hikes Forex Bureau Licence Renewal Fees by 150% to Strengthen Oversight-Ghana
The Bank of Ghana (BoG) has announced a significant increase in the biennial licence renewal fees for foreign exchange bureaux,…
SEC Boss Agama Decries $5.5m Daily Gambling Spend as Nigerians Shun Capital Market
Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has expressed deep concern over Nigerians’ preference for gambling…
NGX Group Redefines Market Leadership with Social Impact, Technology, and Sustainability Under Temi Popoola
In a time when many corporations talk about social responsibility without tangible results, the Nigerian Exchange Group (NGX Group) is…
Nigerian Breweries Grows Turnover to ₦1.04 Trillion in Q3 2025, Completes Distell Nigeria Integration
Nigerian Breweries Plc has recorded a strong rebound in performance, growing its turnover by 48 percent to ₦1.04 trillion in…
Nigeria Records Over $50 Billion in Crypto Transactions Amid Weak Capital Market Participation — SEC
Nigeria’s cryptocurrency market has witnessed explosive growth, with more than $50 billion worth of digital asset transactions conducted between July…
Naira Strengthens 9.16% in Six Months as Nigeria Exits FATF Grey List and Reforms Boost Investor Confidence
Nigeria’s currency, the naira, has gained 9.16 percent against the U.S. dollar over the past six months, rising from ₦1,605…
Afreximbank Targets $250 Billion Balance Sheet in Decade-Long Growth Drive
The African Export-Import Bank (Afreximbank) has unveiled an ambitious plan to expand its balance sheet to $250 billion within the…
Nigeria Energy Conference 2025 to Drive Investments and Reforms for a Sustainable Power Future
The 12th edition of the Nigeria Energy Exhibition and Conference is set to return to Lagos from October 28th to…
Chinese Firms Invest $1.3 Billion in Nigeria’s Lithium Sector as Alake Highlights Mining Reforms
Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, has announced that Chinese companies have invested over $1.3 billion in…
European Markets Rise Ahead of Fed Decision, Trump-Xi Meeting, and Key Earnings Reports
European markets are poised for a positive start to the week as investors eye major global events, including the U.S.…
Wild Fusion Digital Centre launches certified ethical hacking course to battle Nigeria’s cybersecurity talent gap
Wild Fusion Digital Centre (WDC), Nigeria’s leading provider of practical tech and digital marketing training, has unveiled its latest program…
Google Play Teams Up with Verve for VerveLife 8.0: Africa’s Biggest Fitness and Tech Experience
Africa’s leading payment card brand, Verve, is taking its annual fitness festival, VerveLife, to new heights with Google Play joining…
CBN Injects $1.25 Billion into Fuel Imports Despite Dangote Refinery Output
The Central Bank of Nigeria (CBN) has released a total of $1.25 billion to support the importation of petroleum products…
Nigeria Exits FATF Grey List: CBN Pledges to Deepen Financial Reforms and Boost Investor Confidence
The Central Bank of Nigeria (CBN) has pledged to strengthen ongoing financial reforms after Nigeria’s successful removal from the Financial…
Dangote Group Denies Link to Fatal Ondo Truck Accident, Clarifies Vehicle Ownership
The Dangote Group has officially denied any connection to the truck involved in Wednesday’s tragic accident in Akungba-Akoko, Akoko South-West…
Nigeria Poised to Achieve Gas Flare-Out by 2030, Says NUPRC
Nigeria is making significant strides toward eliminating gas flaring by 2030, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced.…