Nigeria Circular Economy Week: Experts Demand Government Support to Unlock Waste-to-Wealth Potential
Stakeholders across the waste management value chain have called for stronger government backing and policy stability to unlock Nigeria’s growing…
Month: February 2026
Ghana Government Pays GH¢10 Billion Interest Under Domestic Debt Exchange Programme (DDEP)
The Government of Ghana has successfully settled GH¢10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP), marking…
NNPC to Increase Gas Supply by 1.8bcf/d in 2026 to Meet Rising Domestic Demand
The Nigerian National Petroleum Company Limited (NNPC Ltd) has unveiled plans to raise gas supply by an additional 1.8 billion…
FG Asset Sales in 2026: Revenue Generation Overshadows Efficiency, Analysts Warn
Analysts have raised concerns over the Federal Government’s (FG) plan to sell selected state-owned assets and enterprises to private investors…
Nigeria’s Oil Output Falls 6.3% in January 2026 Amid Price Volatility
Nigeria’s oil production fell sharply in January 2026, raising concerns about the country’s ability to meet both its budget and…
Naira Strengthens to N1,337/$ Amid Global Peace Talks: What It Means for Nigeria’s Currency Market
The Nigerian Naira has shown signs of recovery, strengthening to N1,337 per U.S. dollar at the official foreign exchange market…
Chams Enters Nigeria’s AI Infrastructure Race with New Subsidiary ChamsCorp
Chams Holding Company Plc, one of Nigeria’s pioneering technology firms, has officially launched a new subsidiary, ChamsCorp Plc, signaling its…
Meta Study Reveals Parental Controls May Not Stop Teens’ Social Media Overuse
A recent internal study by Meta, called Project MYST, suggests that parental supervision and controls—like time limits or restricted app…
FG to Review $6.2 Billion MTN-IHS Deal Amid Telecoms Sector Risks
The Federal Government of Nigeria has announced plans to closely scrutinise MTN Group’s proposed $6.2 billion acquisition of IHS Holding…
Petralon Energy Hits First Oil at Dawes Island, Wins Shell Backing
Petralon Energy has officially struck first oil at its Dawes Island Field, earning strong backing from Shell Western Supply and…
Nigeria Loses N1.76 Trillion After Missing OPEC Crude Oil Quota
Nigeria’s oil sector suffered a staggering N1.76 trillion loss in potential revenue after failing to meet the Organisation of the…
CBN Remains Sole Authority on Exchange Rates for Trade, Clarifies Nigeria Customs
The Nigeria Customs Service (NCS) has clarified that it does not independently set or adjust exchange rates used for import…
FG Launches GROW Fund to Empower 6,122 Young Entrepreneurs in Nigeria
The Federal Government of Nigeria has officially launched the GROW Fund, a financing initiative aimed at supporting more than 6,000…
Tinubu Advocates for Fairer African Financial System to End High Borrowing Costs
President Bola Tinubu has called for a more equitable global financial system, highlighting that African countries continue to pay disproportionately…
Nigeria’s Stock Market Rally Signals Strong Economic Growth, Says President Tinubu
President Bola Tinubu has highlighted the sustained rally in the Nigerian stock market as a clear reflection of the country’s…
European Stocks Set for Higher Open as UK Inflation Cools to 3%
European stocks are poised for a higher open on Wednesday as investors track global market movements and fresh economic data.…
NGX Market Capitalisation Falls to N121.55tn as Banking Stocks Trigger Sell-Off
The Nigerian equities market closed lower on Tuesday, ending a multi-day rally as investors took profits in major banking stocks.…
No Power, No Growth: Aliko Dangote Urges Urgent National Retreat to Fix Nigeria’s Electricity Crisis
The President and Chairman of Dangote Industries Limited, Aliko Dangote, has warned that Nigeria cannot achieve meaningful economic growth without…
Data Privacy Concerns Threaten Nigeria’s Financial Inclusion Drive
Growing concerns about data privacy in Nigeria’s financial inclusion efforts are emerging as a major obstacle to bringing millions into…
PenCom Equity Limits Reform Sparks N1 Trillion Liquidity Surge on NGX
Nigeria’s stock market is witnessing a powerful surge after the National Pension Commission (PenCom) revised the equity exposure limits for…
Nigeria’s Gas Market in 2025: Exports Surpass Domestic Sales, Driving Sector Growth
Nigeria’s gas sector saw a remarkable performance in 2025, with exports overtaking domestic sales for the first time in recent…
Ghana Needs National Agriculture Database to Protect Farmers and Stabilize Markets, Says Agribusiness Chamber
The Chief Executive Officer of the Chamber of Agribusiness Ghana, Anthony Morrison, has urged the government to establish a comprehensive…
FGN Savings Bond Records N5.9bn in February 2026 Subscriptions, Three-Year Tenor Leads Demand
The Federal Government of Nigeria (FGN) has successfully raised N5.913 billion from retail investors through its February 2026 Savings Bond…
Nigerian Stock Market Surges N6.79 Trillion as PenCom Raises Pension Fund Equity Limits
The Nigerian stock market recorded a remarkable gain of N6.79 trillion in its week-on-week performance, driven by the National Pension…
Nigeria Tax Reform Committee Clarifies No 25% Levy on Construction or Bank Funds
The Presidential Fiscal Policy and Tax Reforms Committee has dismissed circulating claims of a 25 per cent tax on building…
Universal Insurance Deposits N1.5bn with CBN to Meet Recapitalisation Requirement
As the deadline for insurance companies to meet the new minimum capital requirements approaches, several firms are finalizing compliance with…
Naira Strengthens to N1,347/$ as Official and Parallel Rates Narrow – Market Convergence Continues
The naira made significant gains at the start of the week, appreciating in both the official and parallel foreign exchange…
Tinubu Urges Creation of Africa’s Own Credit Rating Agency to Reduce Borrowing Costs
In a Financial Times Op-Ed on Monday, President Bola Tinubu called for the creation of an Africa-owned credit rating agency…
Nigeria’s Digital Infrastructure: Turning Promise into Global Production Power
Nigeria’s digital journey has been remarkable over the past decade. From seamless payments across platforms to identity systems verifying millions…
EU Threatens Meta Over WhatsApp AI Restrictions, Signals Swift Action Against Tech Giant
The European Union has intensified its scrutiny of Meta Platforms, warning the social media giant that it could face interim…