Nigerian Stock Market Rebounds with N649bn Gain as Investor Confidence Returns
The Nigerian equities market rebounded on Thursday, adding N649bn to investors’ wealth after reversing losses…
Year: 2026
Nigerian Breweries Acquires 29% Stake in Ogun Plastic Recycling Project to Boost Sustainability
Nigerian Breweries Plc has acquired a 29% stake in a recycled Polyethylene Terephthalate (rPET) production…
Crude Oil Prices Surge Toward $100 Amid Iran Tensions
Global crude oil prices surged once again, approaching the $100-per-barrel mark during Asian trading on…
Nigeria’s Crude Oil Production Drops to 1.31 Million BPD, Falling Short of OPEC Quota
Nigeria’s crude oil production fell sharply to 1.31 million barrels per day (bpd) in February…
Ford Pro Launches AI Assistant to Track Seatbelt Use and Fleet Efficiency
Ford has unveiled a new AI-powered assistant designed to help fleet owners monitor and manage…
FG to Connect All Nigerian Schools to Reliable Internet to Boost Digital Learning
The Federal Government has unveiled a major initiative to connect all schools across Nigeria to…
TeKnowledge and Microsoft Partner to Upskill 10,000 Nigerians in AI
Nigeria’s national workforce is set to receive a significant upgrade as TeKnowledge joins forces with…
Dangote Dominates N14.4tn Petrol Market: Experts Warn of Monopoly Risks in Nigeria
Nigeria’s energy sector is facing a major shake-up as Dangote Petroleum Refinery now supplies over…
Wale Edun Assures Nigerians of Stable Food Prices Amid Global Economic Uncertainty
Nigeria’s Finance Minister and Coordinating Minister of the Economy, Wale Edun, has reassured citizens that…
Strategic Market System to Transform Nigeria’s Agricultural Value Chain – FG
The Federal Government has announced that a strategic market system will revolutionize Nigeria’s agricultural sector…
Investor Appetite Soars as Nigeria’s February Bond Auction Records 92% Bid-to-Cover Ratio
Nigeria’s February bond auction drew robust investor interest, as the Debt Management Office (DMO) issued…
SEC engages over 500 firms in radical push for investor protection
Nigeria’s Securities and Exchange Commission (SEC) has intensified efforts to protect investors while fostering innovation…
NERC Orders Private Substations to Secure Permits Within 45 Days to Strengthen Nigeria’s Grid
The Nigerian Electricity Regulatory Commission (NERC) has ordered all owners of private transmission substations connected…
Net Foreign Exchange Inflow into Nigeria Drops 18% to $61.3 Billion in 11 Months
Nigeria’s net foreign exchange (forex) inflow fell sharply by 18.3 percent year-on-year to $61.29 billion…
Nigeria’s Food Import Bill Hits N7.65 Trillion in 2025 Amid Rising Domestic Demand
Nigeria’s spending on imported food and beverages surged to N7.65 trillion in 2025, signaling the…
Nigeria Launches N10 Billion Fund to Boost Greenfield Sugar Projects
The National Sugar Development Council (NSDC) and the Bank of Industry (BOI) have teamed up…
Kenya and Rwanda Central Banks Partner to Simplify Cross-Border Payments
The Central Bank of Kenya (CBK) and the National Bank of Rwanda (NBR) have signed…
China, US Lead Nigeria’s N17.25 Trillion Import Market in Q4 2025
Nigeria’s import market remained heavily concentrated in the fourth quarter of 2025, with a small…
European Stocks Slide as Oil Prices Surge Despite Record IEA Reserve Release
European stocks fell further on Thursday as investors grappled with soaring oil prices and ongoing…
NGX Loses N107bn as Profit-Taking Deepens Bearish Sentiment in Nigerian Stock Market
Trading activities on the Nigerian Exchange Limited closed on a slightly negative note on Wednesday…
Iran Threatens Strait of Hormuz Oil Shipments as $200 Per Barrel Price Warning Sparks Global Energy Fears
Tensions in the Middle East have intensified after Iran warned it could block oil shipments…
Nigeria Spent $5.2bn Servicing External Debt in 2025 – CBN Data Reveals Rising Financial Pressure
Nigeria spent about $5.21bn servicing external debt in 2025, according to data released by the…
Seplat Energy to Drill 17 Wells in 2026, Targets 155,000 Barrels Daily Output
Seplat Energy Plc has unveiled an ambitious plan to drill 17 new wells in 2026…
TikTok Boosts AI and Media Literacy in Sub-Saharan Africa with $200,000 Investment
TikTok has announced an additional $200,000 in ad credits to support local organizations across Sub-Saharan…
CBN Deploys AI-Powered Surveillance to Track Money Laundering in Nigerian Banks
The Central Bank of Nigeria (CBN) has taken a major step to curb financial crime…
NTB Subscription Falls to N6.13 Trillion Amid Low Yields and Policy Adjustments
The Nigerian Treasury Bills (NTB) market has witnessed a significant decline in investor subscription, dropping…
Nigerian Companies Report N19.81 Trillion Operating Expenses Amid Inflation and FX Pressures
Despite a gradual decline in Nigeria’s inflation rate to 15.51% and relative stability in the…
NGX All-Share Index Falls Below 197,000, Market Loses 0.57% Amid Mixed Trading
The Nigerian Exchange Group (NGX) All-Share Index closed the trading session on March 10, 2026,…
Dangote Refinery Dominates Nigeria’s Petrol Market as FG Halts Imports
Nigeria’s petrol market is witnessing a historic shift as the Dangote Petroleum Refinery now supplies…
FG Approves Bonga Southwest Aparo Project, Eyes $20bn Oil Investment
The Federal Government of Nigeria has given the green light to the Bonga Southwest Aparo…