UK Pledges £15m to Boost Nigeria’s Economy
The United Kingdom has announced a £15 million Growth Programme for Nigeria, a strategic initiative aimed at accelerating economic reforms,…
Day: June 12, 2026
NGX Gains 0.6% Weekly Despite Midweek Dip as Airtel, MTN, and First HoldCo Drive ₦52.8bn Turnover Rally
The Nigerian equities market closed the shortened trading week on a positive note, with the Nigerian Exchange (NGX) recording a…
Nigeria VAT Collections Hit N2.42 Trillion in Q1 2026 as Tax Revenue Surges 17%
Nigeria’s Value Added Tax (VAT) revenue has recorded a strong start to 2026, rising to N2.42 trillion in the first…
Equal AI Raises $30M to Let Indians Outsource Their Phone Calls to AI Assistants
India’s constant flood of phone calls—from spam and scams to delivery updates and service promotions—has created a daily communication overload…
N279bn petrol cargoes arrive amid Dangote-NNPC legal battle
Six fuel-laden vessels valued at approximately N279 billion have begun arriving at Nigerian ports, intensifying attention on the ongoing legal…
Oil Prices Tumble as Trump Signals Iran Peace Deal, Easing War Fears in Global Markets
Global oil prices fell on Thursday after U.S. President Donald Trump signaled a possible breakthrough in tensions with Iran. His…
Flutterwave CEO Olugbenga Agboola Unveils Africa Financial OS Vision, Calls for Shock-Resistant Payment Infrastructure
Flutterwave Founder and CEO, Olugbenga Agboola, has called for a new generation of financial infrastructure in Africa that is built…
World Bank Cuts Nigeria’s Growth Outlook to 4.1% as Structural Weaknesses Weigh on Economy
The World Bank has revised Nigeria’s economic growth projection downward to 4.1% for 2026, warning that deep-rooted structural challenges continue…
CBN Proposes Stricter Banking Rules with New Ring-Fencing Guidelines for Financial Groups
The Central Bank of Nigeria (CBN) has introduced draft guidelines aimed at tightening oversight of banks and other financial institutions…
Nigerian Gas Exports Surge 57% to $3.38bn as Europe Demand and Global Energy Crisis Boost LNG Trade
Nigeria’s liquefied natural gas (LNG) exports have recorded a major boost, surging by 57% to $3.38 billion in the first…
New Nigeria Festival Targets $1 Trillion Economy Ambition with Innovation and Investment Drive
Nigeria is set to take a bold step toward its long-term economic ambitions with the launch of the New Nigeria…
SpaceX IPO Shatters Records with $75 Billion Raise, Pushing Elon Musk Closer to Trillionaire Status
SpaceX has rewritten the history books of global finance after raising an unprecedented $75 billion in what has become the…
Nigeria Surpasses OPEC Oil Quota as Crude Production Hits 15-Month High
Nigeria has recorded its strongest crude oil production performance in over a year, surpassing its Organisation of the Petroleum Exporting…