Petrol Consumption Drops to 47.3 Million Litres Daily in March 2026, Says NMDPRA
Petrol consumption in Nigeria fell significantly in March 2026, dropping to an average of 47.3 million litres per day from…
Day: April 15, 2026
Seplat Energy Share Price Crosses N10,000 on NGX, Becomes First Nigerian Stock to Hit Milestone
Seplat Energy Plc has made history on the Nigerian Exchange (NGX), becoming the first listed company to surpass the N10,000…
FAAC Deductions Consume 41% of N84tn Revenue in Three Years, Shrinking Nigeria’s Shared Income
Nigeria’s rising federation revenue has come with a hidden cost. Although total earnings hit about N84tn over the past three…
Nigeria’s silent currency redenomination
Nigeria is undergoing what economists describe as a “silent currency redenomination,” not through official policy, but through inflation and changing…
CBN Proposes Mandatory Mediation Panel for Loan Disputes Before Court Action in Nigeria
The Central Bank of Nigeria (CBN) has introduced a new proposal that could significantly change how lending disputes are handled…
Dangote Refinery Helpful, Importation Still Necessary –PETROAN
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has described the Dangote Refinery as a major positive development…
Nigeria-Morocco $25bn Gas Pipeline Deal Set for Signing as Landmark Africa Energy Project Advances
Nigeria and Morocco are moving closer to sealing a major energy agreement as both countries prepare to sign a $25…
Nigeria Internet Exchange Point Expands with New Lagos PoP at Digital Realty Lekki Data Centre
Nigeria’s digital infrastructure received a major boost as Digital Realty has activated a new Internet Exchange Point (IXPN) presence at…
NNPC Records N15.4 Trillion Revenue Growth in 2025 as Profit Hits N5.76 Trillion Under Ojulari Leadership
The Nigerian National Petroleum Company Limited (NNPC Ltd) has recorded a major financial breakthrough in 2025, posting a year-on-year revenue…
Inflation Risks, Liquidity Spur Mixed Signals in Fixed Income Market
In Nigeria, the fixed income market delivered a mixed performance in March 2026, as investors weighed easing liquidity conditions and…
CSCS Unveils Joint Account Feature to Boost Collaborative Investing in Nigeria
The Central Securities Clearing System has introduced a new set of investor-focused services, headlined by a Joint Account feature aimed…
Ghana Economic Recovery Showcased at IMF Spring Meetings 2026 as Ato Forson Highlights Strong Turnaround
Ghana has placed its economic recovery story on the global stage at the ongoing IMF and World Bank Spring Meetings…
FG Moves to Strengthen Nigeria’s Cyber Defences with New National Cybersecurity Council
The Federal Government has announced fresh plans to strengthen Nigeria’s cyber defences through the creation of a National Cybersecurity Coordination…
Seplat, Stanbic, Lafarge Drive N883bn Nigerian Stock Market Rally as NGX Hits New High
The Nigerian Exchange (NGX) extended its bullish momentum on Tuesday as investor confidence pushed the market to a fresh milestone.…
Fuel Subsidy Would Have Cost Nigeria N52 Trillion in 2026 – Zacch Adedeji
The Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has revealed that Nigeria would have spent as much…
Naira Strengthens to N1,348/$ as U.S. Dollar Slips to Six-Week Low Amid Global Market Shift
The naira appreciated to N1,348 per dollar on Tuesday in the official foreign exchange market, marking a mild but notable…
Nigeria Public Debt Rises to N159.28 Trillion in 2025 as Domestic Borrowing Drives Growth – DMO Report
Nigeria’s total public debt climbed to N159.28 trillion as of December 31, 2025, according to fresh data released by the…
Google Chrome Adds “Skills” AI Feature to Save and Reuse Prompts Across Web Pages
Google is upgrading its Chrome browser with a new artificial intelligence feature designed to make everyday browsing faster and more…
Anthropic’s rise is giving some OpenAI investors second thoughts
Concerns are growing among some investors about whether OpenAI can fully justify its massive $852 billion valuation, as competition intensifies…
European Stocks Mixed as Iran Conflict Uncertainty Weighs on Markets and Luxury Shares Slide
European equities opened in mixed territory on Wednesday as investors weighed rising geopolitical uncertainty linked to the ongoing U.S.–Iran conflict…
Nigeria Civil Service AI Reform to Cut Delays, Boost Investor Confidence
Nigeria is fast-tracking a major transformation of its public sector, rolling out artificial intelligence and expanding paperless operations across the…
IMF Cuts Nigeria’s 2026 Growth Forecast to 4.1% as Oil Gains Fail to Offset Global Risks
Nigeria’s economic outlook has taken a cautious turn as the International Monetary Fund (IMF) reduced the country’s 2026 growth forecast…
Nigeria Revenue Service Urged to Leverage Technology for Sustained Revenue Growth and Better Service Delivery
The Nigeria Revenue Service (NRS) has been urged to embrace technology and strengthen institutional efficiency to sustain its recent revenue…