Real Time Financial News Website
Nigeria is witnessing a significant increase in demand for its liquefied natural gas (LNG), as global buyers rush to secure alternative energy supplies amid ongoing disruptions linked to the Middle…
Nigerian stocks posted a 1.4% gain this week despite shorter trading sessions due to the Eid-el-Fitr public holidays on Thursday and Friday. Analysts attribute the uptick to renewed interest in…
As artificial intelligence (AI) transforms industries worldwide, Nigeria is quietly stepping into the global AI economy through the rise of new tech roles. Jobs like data annotators, prompt engineers, AI…
The ongoing crisis in the Middle East continues to push global energy prices higher, with Brent crude oil surging past $100 a barrel, sparking fears of further increases in fuel…
Nigeria and the United Kingdom have signed a landmark £746 million (£1.4 billion) financing agreement to redevelop the Lagos Port Complex (Apapa Quays) and TinCan Island Port Complex, two of…
The federal government of Nigeria is fast-tracking a $2 billion nationwide fibre-optic expansion, earmarking $6.1 million for consultancy services to ensure proper planning and execution. According to a World Bank…
The enactment of Nigeria’s new tax reform laws has significantly raised the importance of certified tax professionals in the country’s fiscal system, the Chartered Institute of Taxation of Nigeria (CITN)…
Nigeria’s ambition to diversify its economy beyond oil has placed agriculture, solid minerals, and manufacturing at the center of policy discussions. Yet, a critical piece of the economic puzzle remains…
The Nigerian equities market recorded a significant boost on Tuesday, advancing by N1.086 trillion as renewed investor interest in select large-cap and banking stocks lifted overall market sentiment. The All…
The federal government and the Nigerian Exchange Group (NGX) are intensifying efforts to boost women’s participation in Nigeria’s capital market, warning that their exclusion hinders economic growth and the nation’s…
Meta has unveiled a new generation of artificial intelligence tools on Facebook and Instagram, aiming to transform user support and crack down on online scams. Central to this rollout is…
As Africa’s industrial market grows, cybersecurity experts are urging companies to upgrade their digital defenses. The continent’s cybersecurity market, valued at $0.68 billion in 2025, is projected to more than…
OpenAI announced on Tuesday that it is shutting down Sora, its AI-driven social app that launched just six months ago. Originally designed as a TikTok-like platform, Sora allowed users to…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called on African financial regulators to strengthen collaboration to address rising cross-border risks as financial integration across the…
Nigerians educated in the United Kingdom are making a lasting impact across technology, culture, healthcare, and social development, the British Council highlighted during its Study UK Alumni Awards in Lagos.…
Nigeria requires more than $100 billion in investments across its power sector to ensure a reliable, round-the-clock electricity supply, the Federal Government has said. Speaking at a press briefing in…
Nigeria’s state oil company, the Nigerian National Petroleum Company Limited (NNPC), is set to increase its oil output by approximately 100,000 barrels per day (bpd) in the coming months, its…
European stock markets are poised for a stronger open on Wednesday, lifted by growing optimism that tensions between the United States and Iran could ease. Investors reacted positively to signals…
The Nigerian naira recorded a slight depreciation on Tuesday, settling at N1,383.5 per dollar, compared to N1,383/$ on Monday, as pressure mounts from declining external reserves and cautious global market…
The Central Bank of Nigeria (CBN) has directed all International Money Transfer Operators (IMTOs) to open and maintain naira settlement accounts with authorised dealer banks, in a decisive move to…
Global trade is responsible for transporting an estimated 500 billion tonnes of “virtual water” each year, according to a new World Bank report, underscoring the deep connection between international commerce…
Smaller, low-priced technology stocks are emerging as standout performers on the Nigerian Exchange (NGX) in 2026, signaling a shift in investor focus from traditional blue-chip firms to more accessible, high-growth…
The federal government has officially inaugurated the new governing board of the National Pension Commission (PenCom), charging its members with the critical responsibility of safeguarding N28 trillion in pension assets…
Enugu State is fast emerging as a prime investment destination, following a high-profile engagement in London where Governor Peter Mbah showcased the state’s economic potential. Speaking at the UK-Nigeria Project…
The Central Bank of Nigeria (CBN) has announced a medium-term inflation target of 6–9 per cent as part of its shift toward a full inflation-targeting monetary policy framework. The apex…
President Bola Tinubu and the Prime Minister of Barbados, Hon. Mia Amor Mottley, are set to attend the inaugural Niger Delta Economic and Investment Summit and Exhibition, taking place in…
The European Union has announced a €290 million investment package to strengthen Nigeria’s healthcare, digital, and agricultural sectors, marking a major milestone in EU–Nigeria cooperation. Unveiled during the Eighth Nigeria–EU…
The Organised Private Sector (OPS) and the Nigeria Labour Congress (NLC) have urged the Federal Government to act immediately as petrol prices soar toward N1,400 per litre in several parts…
The recent £746 million investment by the United Kingdom, announced during President Bola Tinubu’s state visit to London, signals strong international confidence in Nigeria’s economy, according to Alhaji Aliko Dangote,…
Nigeria has emerged as Africa’s largest investor in artificial intelligence (AI)-powered surveillance, committing over $470 million to smart city technologies. The figure represents more than 20% of the $2.1 billion…