Nigerian Equities Rally by N3.84 Trillion as Investor Confidence Surges
Nigerian equities recorded a strong rebound last week, gaining N3.84 trillion in market value as renewed buying interest lifted share…
Month: January 2026
CBN FX Sales Hit $654m in December as Nigeria’s Foreign Exchange Inflows Rebound
Foreign exchange inflows into Nigeria’s FX market rebounded sharply in December, supported largely by increased dollar sales from the Central…
Fitch Forecasts Stable Investment Mix for Life Insurers in 2026 Despite Rising Risk Appetite
Fitch Ratings has projected that the investment portfolio mix of life insurance companies will remain largely stable in 2026, supported…
NBS Engages Stakeholders Ahead of December Inflation Report as Temporary Price Spike Looms
The National Bureau of Statistics (NBS) is set to engage key stakeholders ahead of the release of Nigeria’s December inflation…
When Power Stops Listening – A Pattern History Warns Us About.
History rarely repeats itself exactly, but it often follows familiar patterns. Before World War II, Germany did not suddenly become…
AIOZ Network: Building a People-Powered Internet for the Web3 Era
The internet promised freedom and democratization, but the reality of Web2 often fell short. Major corporations came to control much…
Nigeria’s Oil Regulators Renew Cooperation to Boost Investment and Industry Growth
Nigeria’s top oil regulators have renewed their commitment to strengthen collaboration, aiming to drive investment and efficiency in the country’s…
Retailers Call for Stronger Naira-for-Crude Policy in 2026 to Stabilize Fuel Prices
Petroleum products retailers are urging the Federal Government and industry regulators to strengthen the naira-for-crude policy in 2026, saying effective…
Nigeria’s Oil and Gas Sector Records Mixed Performance in 2025 Amid Production Shortfalls
Nigeria’s oil and gas industry ended 2025 with a mixed performance, showing gains in upstream activity and gas output but…
Heirs Technologies Accredited by NRS to Help Nigerian Businesses Achieve E-Invoicing Compliance
Heirs Technologies, a leading African tech services company and subsidiary of Heirs Holdings, has received official accreditation from the Nigeria…
New Tax Laws Aim to Stabilize Nigeria’s Economy, Says Joseph Tegbe
Nigeria may be on the verge of a major fiscal turnaround as new tax laws, effective January 1, 2026, seek…
FG Allocates N1.7tn in 2026 Budget to Settle Outstanding Contractor Debts
The Federal Government has earmarked N1.7 trillion in the 2026 Appropriation Bill to settle outstanding payments owed to contractors for…
FG Reviews Tariffs to Boost Industrial Growth and Lower Production Costs
The Federal Government of Nigeria has announced a review of the country’s tariff framework in a bid to strengthen industrial…
European Markets Rise Amid Mining Deals and Greenland Tensions
European markets opened in positive territory on Friday, with the pan-European Stoxx 600 climbing 0.37% by early trading in London.…
FG Raises N1.1 Trillion in First 2026 Treasury Bills Auction Amid Strong Investor Demand
Nigeria’s Debt Management Office (DMO) successfully raised N1.144 trillion at its first Treasury Bills auction of 2026, signaling strong investor…
Champion Breweries Launches N42 Billion Public Offer to Acquire Bullet Brand
Champion Breweries Plc has officially launched a N42 billion Public Offer of ordinary shares priced at N16 each to fund…
UBA Surpasses N500bn Capital Milestone Following Successful Rights Issue
The United Bank for Africa (UBA) has officially surpassed the N500 billion capital threshold set by the Central Bank of…
Nigeria’s Current Account Set to Hit $18.81 Billion in 2026, Says President Tinubu
President Bola Tinubu has projected that Nigeria’s current account balance will climb to $18.81 billion in 2026, up from $16.94…
Tinubu Celebrates Nigerian Exchange’s Historic N100 Trillion Market Capitalisation
President Bola Tinubu has praised the Nigerian Exchange Group (NGX) for surpassing the historic N100 trillion market capitalisation mark, calling…
Selective Buying Boosts Nigerian Stock Market by N137 Billion Amid Key Gains
The Nigerian stock market continued its upward momentum on Tuesday, recording a gain of N137 billion as investors focused on…
OpenAI Acquires Convogo Team to Boost AI Cloud Expertise
OpenAI has kicked off 2026 with another strategic acqui-hire, bringing the team behind executive coaching platform Convogo on board. The…
Oil Prices Rebound as Venezuela Developments Ease Market Jitters
Global oil prices climbed on Thursday, snapping a two-day losing streak as investors shifted focus to unfolding developments in Venezuela…
UK Investors Drive 65% of Nigeria’s Foreign Capital Inflows in 2025
Nigeria attracted about 65 per cent of its foreign capital inflows from investors in the United Kingdom over the past…
CBN Projects Petrol Price at N950/Litre in 2026 Amid FX Stability and Refining Gains
The Central Bank of Nigeria (CBN) has projected that petrol pump prices will hover around N950 per litre in 2026,…
Dangote Refinery–Marketers Fuel Deal Collapses as Pricing Dispute Triggers Import Surge
The fuel supply agreement between the Dangote Petroleum Refinery and 20 major petroleum marketers has collapsed barely a month after…
US Banks Set for Strong Q4 Earnings Boosted by Investment Banking Rebound
Major United States banks are heading into the fourth-quarter earnings season with optimism, driven by a notable rebound in investment…
Nigeria Posts N12 Trillion Trade Surplus as Non-Oil Exports Soar 21% in H1 2025
Nigeria recorded a N12 trillion trade surplus in the first half of 2025, fueled by a 21 percent increase in…
OpenAI Launches ChatGPT Health: Personalized AI Guidance for Your Medical Data
OpenAI has officially launched ChatGPT Health, a dedicated feature designed to help users manage and understand their personal medical information.…
Larry Page Net Worth Hits $263.8 Billion as Alphabet Shares Soar
Larry Page, co-founder and board member of Alphabet Inc., has added an estimated $6.1 billion to his net worth following…
Naira Outlook 2026: Experts Say Rising FX Inflows Could Drive Stronger Currency Gains
Economic analysts and Bureau De Change (BDC) operators say Nigeria’s naira is well positioned for stronger gains and improved stability…