Nigeria to Deploy 22 New Cargo Scanners by Q3 2026 to Boost Trade Modernisation
Nigeria’s trade modernisation drive is set to gain fresh momentum as the Trade Modernisation Project (TMP) Limited announced plans to…
Day: February 10, 2026
Nigeria’s Economic Growth Slows Amid Weak Industrialisation and Job Deficit, Senate Committee Warns
Nigeria’s economic growth is facing significant headwinds as weak industrialisation, limited investment, and persistent unemployment continue to challenge the nation’s…
Nigeria’s Oil Price Falls Below $69 Amid Rising US-Iran Tensions
Nigeria’s top-grade Bonny Light crude traded at $68.8 per barrel on Tuesday, marking a notable decline amid rising geopolitical tensions…
Fuel Import Permits to Resume: Nigerian Marketers Optimistic Amid Dangote Refinery Supply Dip
Petroleum marketers in Nigeria have expressed renewed optimism following indications from the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) that…
NCDMB Champions Africa-Wide Collaboration to Boost Oil and Gas Growth
The Nigerian Content Development and Monitoring Board (NCDMB) has called for stronger Africa-wide collaboration to drive growth in the oil…
African Start-ups Raise $174M in January Amid Record-Low Deal Count
African start-ups secured a total of $174 million in funding in January 2026, according to Africa: The Big Deal, a…
Nigeria’s Economic Stability at Risk: CBN Warns of Excess Liquidity and 2027 Election Threats
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has raised concerns over the potential impact of excess cash in the…
Breaking news: PenCom Increases Equity Investment Limits for RSA Funds to Boost Liquidity
Nigeria’s National Pension Commission (PenCom) has announced an increase in the allowable equity investment limits for key Retirement Savings Account…
Best performing Nigerian stockbrokers in January 2026
January 2026 proved to be a bullish start for the Nigerian stock market, with the Nigerian Exchange (NGX) reporting a…
Tem Raises $75M to Transform Electricity Markets Using AI
London-based startup Tem is tackling one of the modern energy sector’s biggest challenges: rising electricity costs driven by AI data…
PenCom Raises Equity Caps: Bullish Signal for NGX and Pension Fund Growth
The National Pension Commission (PenCom) has signaled a major boost for Nigeria’s stock market by raising equity investment limits for…
Dangote Refutes Petrol Import Claims, Blames Economic Saboteurs for Misleading Reports
Dangote Refinery has firmly rejected claims that it imports finished petrol into Nigeria, describing the narrative as false and driven…
Nigerian Stock Market Surges N1.42 Trillion as Capitalisation Hits N111.6 Trillion
The Nigerian stock market gained N1.424 trillion in market capitalisation on Monday, bringing the total value of listed equities to…
CBN Fully Deploys S4 for Government Securities Auctions, Eyes Secondary Market Reform
The Central Bank of Nigeria (CBN) has officially confirmed the full operational deployment of its Scripless Securities Settlement System (S4)…
NCC Begins Review of Nigeria’s Telecom Policy 26 Years After Approval
The Nigerian Communications Commission (NCC) has commenced a comprehensive review of Nigeria’s National Telecommunications Policy (NTP) 2000, nearly 26 years…
Dangote Refinery Denies Importation of Finished PMS into Nigeria
Dangote Petroleum Refinery has firmly denied reports suggesting it imports finished Premium Motor Spirit (PMS) into Nigeria, describing the claims…
Nigerian Stock Market Rally: Investors Gain ₦4.08 Trillion in One Week as Share Prices Surge
Investors on the Nigerian Exchange (NGX) recorded a significant windfall last week, pocketing about ₦4.08 trillion as rising share prices…
Dollar Slips Ahead of Key U.S. Data as Yen Holds Gains After Japan Election
The U.S. dollar remained under pressure on Tuesday as investors awaited a series of critical economic reports expected to influence…