Real Time Financial News Website
The Nigeria Revenue Service (NRS) is introducing a major digital shift for medium-sized enterprises with its new E-Invoicing & Electronic Fiscal System (EFS), also called the Merchant Buyer Solution (MBS).…
Nigeria’s inflation rate plunged to 15.10% in January 2026, marking a significant improvement from 27.61% in January 2024. Analysts credit the decline to a combination of monetary tightening by the…
Dangote Group has taken a major step to accelerate its industrial ambitions, signing a $400 million agreement with China’s XCMG Construction Machinery Co., Ltd. to acquire state-of-the-art construction equipment. The…
Nigerian Breweries Plc has reported a remarkable turnaround, posting revenue of N1.467 trillion for the financial year ending December 2025. This figure represents a 35% increase from the N1.084 trillion…
Nigeria’s capital importation surged to $6.01 billion in the third quarter (Q3) of 2025, marking a remarkable increase in foreign investment flows into the country. According to the latest report…
European markets are poised for a cautious start on Tuesday, with key indices expected to open lower amid ongoing investor focus on earnings and economic data. The U.K.’s FTSE 100…
Trading on the Nigerian Exchange Limited (NGX) witnessed a record-breaking surge on Monday as the All-Share Index (ASI) climbed to a historic high. The ASI jumped from 182,313.08 points on…
As the Central Bank of Nigeria prepares for its 304th Monetary Policy Committee (MPC) meeting on February 23–24, 2026, a new survey shows that most citizens are calling for cheaper…
Stakeholders at the 47th Kaduna International Trade Fair received a clear message about Nigeria’s industrial future as the Dangote Group reinforced its commitment to local production and value addition. Representing…
Nigeria’s food inflation rate has dropped to its lowest level in more than 14 years, offering a rare moment of relief for Africa’s largest economy. According to the latest Consumer…
Swiss private banking giant Banque Pictet has officially entered Africa, opening its first office in South Africa in a move that highlights growing global interest in the continent’s wealth sector.…
The federal government has not made any decision on the reallocation of disputed crude oil wells between Nigeria’s oil-producing states, the Chairman of the Revenue Mobilisation Allocation and Fiscal Commission…
The Nigerian National Petroleum Company Limited (NNPCL) has taken a significant step to strengthen Nigeria’s domestic energy infrastructure by signing a tripartite Memorandum of Understanding (MoU) with China Gas Holdings…
Global oil markets opened the week with Brent crude trading at $67.78 per barrel on Monday, holding about $3 above Nigeria’s 2026 budget benchmark of $64.85. The modest gain reflects…
The race for enterprise AI is intensifying. Tech giants like Microsoft and Google are embedding AI assistants such as Copilot and Gemini into their productivity suites, while OpenAI and Anthropic…
Analysts have projected that Nigeria’s headline inflation could climb to around 18 per cent in January 2026, defying the downward trend seen throughout 2025. The rise is expected despite easing…
The federal government has confirmed that it will no longer allocate public funds to establish a national carrier, signaling a major shift in Nigeria’s aviation strategy. While the idea of…
European markets opened slightly higher on Monday as investors digested key insights from the Munich Security Conference, highlighting both opportunities and uncertainties for the region. The pan-European Stoxx 600 index…
Former Sierra Leonean President Ernest Bai Koroma has praised Nigeria’s pivotal role in Africa’s economic and technological development, noting that the country’s successes inevitably influence the continent’s future. Speaking at…
The Securities and Exchange Commission (SEC) has announced a strategic partnership with the National Orientation Agency (NOA) to educate Nigerians on the risks associated with illegal investment schemes. The collaboration…
Nigeria’s banking sector is entering a high-stakes phase as the Central Bank of Nigeria’s (CBN) March 31 recapitalisation deadline looms. The directive, aimed at strengthening financial stability and expanding lending…
The Nigerian National Petroleum Company Limited (NNPC) has reported a remarkable N60.5 trillion in revenue for 2025, alongside a profit after tax of N5.76 trillion. The state-owned energy giant also…
Nigeria’s capital importation surged to a six-year high, attracting a total of $16.7 billion in the first nine months of 2025, according to the latest data from the National Bureau…
Experts at the 5th edition of the Blakey National Economic Conference in Lagos have highlighted stock investment as the most reliable pathway to long-term wealth for Nigerian households. Speakers urged…
Foreign direct investment (FDI) into Nigeria’s telecommunications sector rebounded strongly in the third quarter of 2025, according to the latest data from the National Bureau of Statistics (NBS). Capital inflows…
India now hosts 100 million weekly active ChatGPT users, making it one of OpenAI’s fastest-growing markets, CEO Sam Altman announced ahead of the India AI Impact Summit in New Delhi.…
Nigeria’s business calendar is packed with high-profile events from February 16 to 21, offering insights into the country’s economic trends, investment opportunities, and innovation landscape. From the release of January’s…
Nigeria’s stock market delivered one of its strongest weekly performances in recent memory after sweeping pension reforms triggered a wave of institutional buying. The benchmark Nigerian Exchange Limited (NGX) All-Share…
Nigeria tax reforms will play a central role in modernising the economy and strengthening public finances, according to Iyabo Masha, Director of the Intergovernmental Group of Twenty-Four on International Monetary…
The Lagos State Government has officially listed two major bond instruments worth N244.815bn on the Nigerian Exchange Limited, reinforcing its aggressive push to fund infrastructure and sustainable development projects. The…