CBN Set to Maintain Tight Monetary Policy as Inflation and Global Oil Shock Deepen Pressure on Economy
Financial analysts and economists are widely expecting the Central Bank of Nigeria (CBN) to maintain its current tight monetary policy…
Day: May 19, 2026
Tax reform: FG opens free dispute resolution channels
The Federal Government has launched a new free tax dispute resolution system in Nigeria, allowing taxpayers to resolve issues without…
CBN Likely to Hold Interest Rate at 26.5% as Inflation Pressures Persist — Analysts
Nigeria’s monetary policy direction is once again in focus as the Central Bank of Nigeria (CBN) prepares for its Monetary…
Nigeria Revenue Service Introduces Unified Tax ID System for All Taxpayers Nationwide
The Nigeria Revenue Service (NRS), in partnership with the Joint Revenue Board (JRB), has officially announced the rollout of a…
AKK Gas Pipeline Project Set to Revolutionize Nigeria’s Economy and Industrial Growth
Nigeria’s ambitious $2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline project is being described as a game-changer that could reshape the country’s…
Institute Advocates AI Adoption
Artificial intelligence (AI) is rapidly shifting from a theoretical innovation to a powerful driver of transformation across industries, according to…
Intel Foundry Business Gains Momentum as CEO Signals New Customer Deals and Manufacturing Breakthrough
Intel is seeing renewed optimism around its foundry business as CEO Lip-Bu Tan says the company’s external chip manufacturing arm…
CBN Monetary Policy Rate Decision: Analysts Expect Hold at 26.5% Amid Rising Inflation Pressures
Analysts are widely expecting the Central Bank of Nigeria (CBN) to keep its Monetary Policy Rate (MPR) unchanged at 26.5%…
Anthropic Acquires Stainless: AI Giant Strengthens Dev Tools Control with Major Startup Deal
Artificial intelligence company Anthropic has officially acquired the developer tools startup Stainless, a company whose software is already widely used…
US–Iran Crisis Pushes Nigerian Crude Toward $120 as Global Oil Prices Surge
Nigeria’s crude oil market is once again feeling the heat of global tensions, as the ongoing US–Iran crisis drives prices…
Asia Markets Mixed as Oil Prices Ease After Trump Delays Iran Strike Amid Global Uncertainty
Asia-Pacific financial markets traded in a mixed pattern on Tuesday as investors reacted to easing oil prices and renewed geopolitical…
Nigerian Stock Market Dips as Investors Lose N81bn Amid Profit-Taking Pressure
The Nigerian equities market started the week on a weak note as investors recorded losses of about N81bn following a…
Banks Flood Treasury Bills Market as High Yields Attract Surplus Liquidity in Nigeria
Nigeria’s banking sector is once again turning to government securities as a safe haven, with commercial banks increasingly channeling excess…
CPPE Warns CBN: Further Interest Rate Hikes Could Stall Nigeria’s Economic Recovery
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to tread carefully…
Rank Capital Named Among Africa’s Fastest-Growing Fintechs on FT List
Rank Capital has earned a spot on the Financial Times’ list of Africa’s fastest-growing companies, ranking seventh among fintech firms…
Aradel Leads N37.02bn NGX Turnover as Oil Stocks Drive Mixed Market Performance on Monday
The Nigerian Exchange (NGX) started the week on a mixed note as Aradel Holdings Plc emerged as the standout performer,…
SEC Nigeria Approves T+1 Settlement Cycle to Modernize Capital Market from June 1, 2026
Nigeria’s Securities and Exchange Commission (SEC) has announced a major shift in how trades are settled in the country’s capital…
Dangote Refinery reduces Jet Fuel Price to N1,650
Nigeria’s aviation industry has received a major boost as Dangote Petroleum Refinery & Petrochemicals announced a reduction in the price…
AFC Unveils $100 Million Investment Plan to Boost Africa’s Tech Startups and Digital Economy
Africa’s technology sector is set for a major boost as the Africa Finance Corporation (AFC) announced plans to invest up…
European Markets Rise as Trump Pauses Iran Strike, Germany Launches Uniper Privatization Plan
European stock markets climbed on Tuesday as investors reacted positively to easing geopolitical tensions in the Middle East and major…
Africa Soft Power to hold conference on ownership gaps in Africa’s creative economy
Africa’s rapidly expanding creative industry is set to take center stage as the 2026 Africa Soft Power (ASP) Summit kicks…