Nigeria, Thailand Deepen Push for Agriculture and Technology Partnerships
Nigeria and Thailand are moving to strengthen their bilateral relationship, with agriculture, technology, renewable energy, commerce and other strategic sectors…
Day: August 27, 2026
CSCS Slashes Fees, Removes Family Transfer Charges to Attract More Retail Investors
The Central Securities Clearing System (CSCS) has announced a fresh round of fee reductions aimed at making Nigeria’s capital market…
CBN Focuses on Macro Stability as High Rates Attract Foreign Investors
Nigeria’s monetary policy is being driven more by the need to protect macroeconomic stability than by efforts to attract foreign…
EBRD Invests $8m in Ventures Platform Fund to Back Nigerian, African Startups
The European Bank for Reconstruction and Development (EBRD) has invested $8 million in Ventures Platform Pan-African Fund II, backing early-stage…
Tinubu Backs $3.1bn AfCFTA Customs Modernisation Project to Boost African Trade
President Bola Ahmed Tinubu has thrown his weight behind the $3.1 billion AfCFTA Customs Modernisation Project, describing the initiative as…
FG Targets 8,000MW Electricity Supply by 2027 as Nigeria Deepens Power Reforms
The Federal Government has set an ambitious target of 8,000 megawatts (MW) of electricity generation and transmission by the end…
Dangote Refinery Raises Alarm Over Rising Petrol Imports Despite Local Supply Capacity
The Dangote Petroleum Refinery has raised concerns over what it described as the rising volume of imported petrol entering Nigeria,…
AI could make many jobs disappear forever, Bill Gates warns
Artificial intelligence could trigger one of the biggest disruptions to employment in modern history, with Microsoft co-founder Bill Gates warning…
Nigerian Equities Market Loses N260bn as Selling Pressure Weighs on Investors
The Nigerian equities market closed lower as renewed selling pressure and profit-taking dragged investor wealth down by N260 billion at…
Nvidia Forecast Sends Nasdaq Higher as Chip Stocks Rally
The Nasdaq Composite climbed 0.8% on Thursday, leading gains across major U.S. stock indexes after Nvidia delivered a stronger-than-expected earnings…
Nigeria’s Manufacturing Sector Still Stuck Below 10% of GDP After a Decade of Reforms
Nigeria’s manufacturing sector is struggling to break through a ceiling that has persisted for years. Despite successive government reforms and…
Despite Cashless Policy, Nigeria’s Currency in Circulation Hits N5.73 Trillion as Inflation Erodes Value
Nigeria’s currency in circulation has jumped 72.4% in five years to N5.73 trillion, highlighting a surprising trend in an economy…
Meta Agrees to $18 Billion Settlement Over Claims Its Platforms Harm Children
Meta has agreed to an $18 billion settlement with 52 US attorneys general following claims that Facebook and Instagram have…
FG Disburses N600bn to 10 Million Households in Cash Transfer Programme
The Federal Government has disclosed that more than N600 billion has been disbursed to over 10 million households across Nigeria…
22% of NGX equity transaction volume executed via mobile trading platform
Mobile trading is changing the way Nigerians participate in the stock market, with Bamboo accounting for about 22 per cent…
Nigerian Stock Market Loses N260 Billion as Sell-Off Enters 11th Straight Session
The Nigerian equities market extended its losing streak on Wednesday, August 26, with investors continuing to sell off stocks across…
Nigeria’s Foreign Reserves Cross $53 Billion, Hit Highest Level Since 2009
Nigeria’s foreign reserves have climbed above $53 billion for the first time in more than 17 years, reaching $53.11 billion…