Senegal Secures $537M Bond at 6.4%, Outpacing Nigeria’s Borrowing Costs
Senegal has successfully raised 304.15 billion CFA francs ($537.6 million) in its first public bond sale of 2026, securing interest…
Year: 2026
9.2 Million Nigerians Benefit from FG’s N688bn HoPE Cash Transfer Programme
No fewer than 9.2 million Nigerians have benefited from the Federal Government’s Household Prosperity and Empowerment Cash Transfer (HoPE-CT) Programme,…
Wale Edun Urges Mobilisation of Domestic Capital to Boost Nigeria’s Growth and Reduce Poverty
Nigeria’s Finance Minister and Coordinating Minister of the Economy, Wale Edun, has emphasised the urgent need to mobilise domestic capital…
Nigeria’s Oil Sector in Crisis: Urgent Reforms Needed Before Wells Run Dry
For decades, Nigeria’s oil sector has been the backbone of the nation’s economy, funding government budgets and providing much of…
Middle East Conflict Could Slash Africa’s Economic Growth by 1.5% – AfDB Warns
The African Development Bank (AfDB) has cautioned that the ongoing conflict in the Middle East could significantly affect Africa’s economic…
Nigeria Targets 12 BCF Daily Gas Output Amid Energy Expansion Push
Nigeria is ramping up its natural gas production as part of an ambitious strategy to position the resource at the…
Nigeria’s Solar Panel Imports Surge Amid Persistent Power Outages
Nigeria’s imports of solar panels from Asia have surged, with the fourth quarter alone recording a total of N100.83 billion,…
Nigeria Can Boost Oil Production by 100,000 bpd in Months – NNPC CEO
Nigeria has the potential to increase its oil production by about 100,000 barrels per day in the next few months,…
Nigeria’s Creative Economy Could Surpass $13 Billion, NITDA Boss Projects
The National Information Technology Development Agency (NITDA) has highlighted the immense growth potential of Nigeria’s creative economy, projecting that it…
Bluesky’s AI Assistant Attie Becomes Second Most Blocked Account Amid User Backlash
Bluesky’s latest AI tool, Attie, is facing intense backlash just days after its launch. The AI assistant, designed to let…
Glemad Launches AI System to Combat Cyber Threats in Real Time
Glemad, a leading AI security research and products company, has introduced a groundbreaking artificial intelligence system designed to autonomously detect…
European Stocks Plunge to Worst Month Since 2020 Amid Iran Conflict Uncertainty
European markets are heading toward their worst monthly performance since early 2020, with March trading marred by uncertainty over the…
Tax Filing Deadline Chaos: Nigerians Risk Penalties as FCT-IRS Portal Fails
Thousands of Nigerian taxpayers were left stranded on Monday after technical glitches crippled the Federal Capital Territory Internal Revenue Service…
Over $100 Billion Lost to Oil and Gas Price Spikes Amid Iran War: 350.org Warns of Global Economic Fallout
Just one month into the Iran war, ordinary people around the world are already paying an extraordinary price for fossil…
Nigeria’s Banks Face Credit Challenge as Recapitalisation Ends
Nigeria’s banking sector has grown significantly following the Central Bank of Nigeria’s (CBN) sweeping recapitalisation drive, which strengthened balance sheets…
Nigerian Stock Market Dips to 200,484.4 Points as Austin Laz and Zichis Shine
The Nigerian Stock Market ended the trading week on a subdued note as the All-Share Index (ASI) fell to 200,484.4…
Nigeria Eurobonds Extend Bearish Run as Rising Yields Signal Growing Investor Risk Concerns
Nigeria’s Eurobonds continued their bearish trend in March, as rising yields and falling bond prices signaled a shift in investor…
NGX Sanctions Five Stockbrokers for Market Manipulation, Imposes N291m Fines
Nigeria’s capital market regulator, the Nigerian Exchange Limited (NGX), has sanctioned five stockbroking firms for engaging in market manipulation, imposing…
Ghana Targets Lower Borrowing Costs with 12–12.5% Bond Guidance
Ghana is aiming to reduce its borrowing costs as it re-enters the domestic debt market with a new seven-year cedi-denominated…
European Stocks Open Mixed as Unilever Confirms $15.7 Billion Merger Talks with McCormick
European markets are set for a mixed opening on Tuesday, as investors remain cautious over ongoing geopolitical tensions in the…
Top Performing Nigerian Stocks for the Week Ended March 27, 2026: Zichis Agro-Allied Leads Gains
The Nigerian equities market closed the week ending March 27, 2026, on a slightly negative note, slipping 0.12% to 200,913.06…
Tax Reforms Drive Nigeria’s Economic Growth: Experts Highlight Opportunities and Challenges
Analysts and tax professionals at the 20th Annual Tax Week have hailed Nigeria’s 2025 tax reforms as a key driver…
Insurance Sector Growth Outpaces Banking but Fails to Boost Nigeria’s GDP Significantly
Nigeria’s insurance sector continues to face a paradox: strong growth rates but minimal contribution to the country’s gross domestic product…
OPL 245 Transparency: Civil Society Groups Demand Full Disclosure of Shell, Eni, NNPC Deal
Civil society organisations in Nigeria are calling for full transparency over the recent reported agreement on the controversial OPL 245…
FG Launches N12 Billion Digital Economy Research Clusters to Drive Evidence-Based Policies
The Federal Government of Nigeria has officially opened an Expression of Interest (EOI) for the National Digital Economy Research Clusters,…
Bluesky Launches Attie AI App to Let Users Build Custom Social Feeds
Bluesky is stepping further into the world of AI with the launch of Attie, a standalone app that allows users…
BOI’s N825 Million Green Fund Cuts Costs and Boosts Industrial Output in Nigeria
Small and large businesses across Nigeria are experiencing lower production costs and improved operational efficiency, thanks to the Bank of…
FG Launches 3MTT Partner Network, Secures €5m EU Funding to Boost Nigeria’s Digital Talent
The Federal Government of Nigeria has officially launched the next phase of its Three Million Technical Talents (3MTT) programme, unveiling…
Duplication of Single Window System in NCS Act Threatens Cargo Clearance Efficiency
Licensed customs agents have raised alarms over what they describe as the duplication of the National Single Window (NSW) system…
Nigeria’s Banking Sector Attracts $13.53 Billion in Foreign Inflows in 2025 Amid Recapitalisation Drive
Foreign capital inflows into Nigeria’s banking sector hit $13.53 billion in 2025, marking a remarkable 93.25% increase from $7.00 billion…