Nigeria Revenue Service Sets Ambitious N40.7 Trillion Target After N28.3 Trillion…
The Nigeria Revenue Service (NRS) has announced a record-breaking revenue collection of N28.3 trillion in 2025,…
Yearly Archives
2026
NEC Calls for Unity and Delivery-Focused Reforms in Nigeria’s $1 Trillion Economy…
Nigeria’s drive to become a $1 trillion economy took center stage yesterday as the National Economic Council (NEC)…
BUA Foods Appoints Khalifa Rabiu as Chief Officer, Driving Global Procurement and…
BUA Foods Plc has appointed Mr. Isyaku Abdulsamad “Khalifa” Rabiu as Chief Officer, Global Procurement and…
Nigerian Insurers’ Profits Plummet to N108.4bn Amid FX Volatility and Rising…
Nigeria’s insurance sector experienced a sharp downturn in profitability in 2025, as foreign exchange volatility,…
Elon Musk Eyes Moon Factory for AI Ambitions as xAI Faces Co-Founder Departures
Elon Musk is turning his attention skyward—literally. At a recent all-hands meeting with xAI employees, Musk…
Naira Breaks Below N1,350/$ for First Time Since May 2024 Amid Rising Reserves
The Nigerian naira strengthened to N1,349.5 per US dollar on Tuesday, marking the first time it traded below the…
SEC Urges Nigerian Civil Servants to Invest in Capital Market for Wealth and…
Nigeria’s Securities and Exchange Commission (SEC) has called on civil servants to actively engage in the capital…
Crude Oil Nears $70 Amid US-Iran Tensions, Sparking Global Market Volatility
Crude oil prices surged toward $70 per barrel this week, climbing from $67 last week, as escalating tensions…
Dangote Reduces Petrol Price by N25 per Litre to Boost Local Refinery…
Dangote Petroleum Refinery has announced a significant reduction in its petrol prices, slashing the gantry price of…
Nigeria Records $10.83bn Trade Surplus in 2025 Amid Rising Exports
Nigeria achieved a trade surplus of $10.83 billion in the first nine months of 2025, as exports of $44.06 billion…
Asia Markets Rise as Investors Digest China Inflation, Ignore Weak U.S. Retail…
Asia-Pacific markets traded mostly higher on Wednesday as investors focused on economic developments in China,…
World Bank Warns of Digital Job Risks Amid Weak Regulation in Developing Countries
The World Bank has issued a cautionary note about the rising trend of digital jobs, highlighting both the…
Dangote Cuts Petrol Price to N774 per Litre, Expands Investment Drive to Burundi
Dangote Petroleum Refinery has reduced its petrol price by N25 per litre, lowering the ex-depot rate…
Nigeria Must Reduce Debt Reliance, Says Wale Edun, Urges Stronger Domestic Revenue…
Nigeria must reduce its dependence on borrowing and build a stronger domestic revenue base to secure long-term…
CBN Approves $150,000 Weekly FX Sales to BDCs to Boost Naira Stability
The Central Bank of Nigeria (CBN) has approved the participation of licensed Bureau De Change (BDC) operators in…
Nigeria to Deploy 22 New Cargo Scanners by Q3 2026 to Boost Trade Modernisation
Nigeria’s trade modernisation drive is set to gain fresh momentum as the Trade Modernisation Project (TMP) Limited…
Nigeria’s Economic Growth Slows Amid Weak Industrialisation and Job Deficit,…
Nigeria’s economic growth is facing significant headwinds as weak industrialisation, limited investment, and…
Nigeria’s Oil Price Falls Below $69 Amid Rising US-Iran Tensions
Nigeria’s top-grade Bonny Light crude traded at $68.8 per barrel on Tuesday, marking a notable decline amid rising…
Fuel Import Permits to Resume: Nigerian Marketers Optimistic Amid Dangote Refinery…
Petroleum marketers in Nigeria have expressed renewed optimism following indications from the Nigerian Midstream…
NCDMB Champions Africa-Wide Collaboration to Boost Oil and Gas Growth
The Nigerian Content Development and Monitoring Board (NCDMB) has called for stronger Africa-wide collaboration to…
African Start-ups Raise $174M in January Amid Record-Low Deal Count
African start-ups secured a total of $174 million in funding in January 2026, according to Africa: The Big Deal, a…
Nigeria’s Economic Stability at Risk: CBN Warns of Excess Liquidity and 2027…
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has raised concerns over the potential impact of excess cash…
Breaking news: PenCom Increases Equity Investment Limits for RSA Funds to Boost…
Nigeria’s National Pension Commission (PenCom) has announced an increase in the allowable equity investment limits…
Best performing Nigerian stockbrokers in January 2026
January 2026 proved to be a bullish start for the Nigerian stock market, with the Nigerian Exchange (NGX) reporting…
Tem Raises $75M to Transform Electricity Markets Using AI
London-based startup Tem is tackling one of the modern energy sector’s biggest challenges: rising electricity costs…
PenCom Raises Equity Caps: Bullish Signal for NGX and Pension Fund Growth
The National Pension Commission (PenCom) has signaled a major boost for Nigeria’s stock market by raising equity…
Dangote Refutes Petrol Import Claims, Blames Economic Saboteurs for Misleading…
Dangote Refinery has firmly rejected claims that it imports finished petrol into Nigeria, describing the narrative…
Nigerian Stock Market Surges N1.42 Trillion as Capitalisation Hits N111.6 Trillion
The Nigerian stock market gained N1.424 trillion in market capitalisation on Monday, bringing the total value of…
CBN Fully Deploys S4 for Government Securities Auctions, Eyes Secondary Market…
The Central Bank of Nigeria (CBN) has officially confirmed the full operational deployment of its Scripless…
NCC Begins Review of Nigeria’s Telecom Policy 26 Years After Approval
The Nigerian Communications Commission (NCC) has commenced a comprehensive review of Nigeria’s National…