Oil Marketers Raise Alarm Over N1,350 Petrol Pricing, Question Import Licences
Nigeria’s downstream petroleum sector is facing fresh controversy as oil marketers have accused major fuel…
Daily Archives
July 20, 2026
NGX Free Float Rule: Why a Mandatory 20% Requirement Could Transform Nigeria’s…
Calls are growing for the Nigerian Exchange (NGX) to enforce a strict 20% free float requirement for all listed…
Treasury Bills Outperform Inflation as Nigeria’s Fixed-Income Market Delivers…
Nigeria’s fixed-income market is experiencing a significant turnaround as Treasury bills and Federal Government of…
Nigeria Set to Host African ICT Ministers’ Conference to Shape Continent’s Digital…
Nigeria is preparing to welcome telecommunications and digital economy leaders from across the continent as Abuja…
Cooking gas imports surge by 1,400% as petrol supply dips by 22%
Nigeria’s dependence on imported cooking gas has intensified after Liquefied Petroleum Gas (LPG) imports soared by…
States Pocket N2.37tn VAT Windfall as New Tax Sharing Formula Boosts Revenue
State governments across Nigeria received a massive N2.37 trillion from Value Added Tax (VAT) revenue in the first…
Nigeria FX Spot Transactions Push Weekly Forex Turnover Up 46% to $2.39 Billion
Nigeria’s foreign exchange market staged a strong comeback in the week ended July 17, 2026, as soaring FX spot…
MPC Set to Hold Interest Rate at 26.50% as Inflation Risks and Global Oil Tensions…
Nigeria’s Monetary Policy Committee (MPC) is widely expected to leave the benchmark interest rate unchanged at…
Abuja CityWalk to make FCT Africa’s next investment hub – Tinubu
Nigeria's ambition to become a leading destination for global investment received a major boost as President Bola…
OPEC Warns High Inflation Could Undermine Nigeria’s Economic Gains Despite Rising…
Nigeria’s economy may be enjoying a boost from rising crude oil production and stronger government revenues, but…
SEC Pushes for Near-Zero Trade Failures as Nigeria’s T+1 Settlement Reform Gains…
Nigeria’s capital market is entering a new era of speed and efficiency as the Securities and Exchange Commission…
Nigerian Crude Prices Surge as US-Iran Conflict Disrupts Strait of Hormuz Shipping
Nigerian crude prices surged to a 10-day high after escalating military tensions between the United States and Iran…
Banking Stocks Surge 9.3% as Recapitalisation Sparks Investor Confidence on NGX
Renewed investor confidence in Nigeria’s banking sector fueled a strong rally in banking stocks last week, with the…
Agribusinesses in Nigeria, Kenya, three others to get recognitions
The race to celebrate Africa’s food and agriculture champions has officially begun as public nominations open for…
FG Raises N729bn Bond to Clear GenCos’ Debts, Boost Nigeria’s Power Sector…
The Federal Government has unveiled plans to raise approximately N729 billion through a new bond issuance to settle…
IPMAN Warns Rising Petrol Imports Could Trigger Higher Fuel Prices in Nigeria
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has sounded the alarm over the growing number of…
Dollar sale row: Marketers halt Dangote fuel loading, FG steps in
Nigeria’s downstream petroleum sector has been thrown into fresh uncertainty following reports that the Dangote…
CBN Capital Rules Could Trigger N972bn Equity Rush for Nigerian Banks
Nigeria’s banking sector could be on the verge of a massive capital-raising exercise as new proposals from the…