Traders Target India and China to Restart Venezuelan Crude Exports
Global commodities giants Vitol and Trafigura have begun discussions with refiners in India and China to sell Venezuelan crude oil,…
Author: ayotilewa
NASD Market Capitalisation Surges 106% in 2025 Amid Strong Listings and Diversification
The NASD Securities Exchange has reported a remarkable growth in 2025, with its market capitalisation hitting N2.12 trillion—an increase of…
Nigeria’s Stock Market Hits N100 Trillion on Back of Reforms and Collaboration
Nigeria’s equity market has officially crossed the N100 trillion market capitalisation mark, signaling a remarkable turnaround for the nation’s financial…
US Financial Stocks Drop as Trump Proposes Credit Card Interest Rate Cap
U.S. financial stocks fell sharply in early trading on Monday after President Donald Trump proposed a one-year cap on credit…
Oyedele Defends Nigeria’s New Tax Laws Against KPMG Critique
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has strongly rebutted KPMG’s recent observations on…
Petrol Price War Escalates: Retailers Drop Prices Below Dangote’s N739/Litre Benchmark
The ongoing petrol price war in Nigeria has taken a sharper turn, with several retail outlets now selling Premium Motor…
Dangote Refinery Boosts Local Supply, Reduces Nigeria’s Reliance on Petrol Imports
Nigeria’s petrol market is witnessing a major shift as Dangote Refinery and Petrochemical now reportedly meet domestic fuel demand, reducing…
Nigerian Stock Market Set to Maintain Upward Trend Amid High Investor Confidence
The Nigerian stock market is showing strong signs of resilience as it enters the new week, with analysts predicting the…
2026 Budget: 2 Federal Ministries Allocate N209.9bn For Computer Software, Research, Others
The Federal Ministry of Finance and the Ministry of Budget and Economic Planning have earmarked a combined N209.9 billion for…
FirstHoldCo Strengthens Non-Bank Subsidiaries with Key Board Appointments
FirstHoldCo Plc has announced a series of strategic board appointments across its non-commercial banking subsidiaries, aiming to enhance corporate governance,…
Elon Musk Promises Algorithm Transparency on X Amid Rising Regulatory Pressure
Social media platform X, owned by Elon Musk, will make its recommendation algorithm publicly available within the next seven days,…
How Nigerian Manufacturers Can Maximize Profits with New 2026 Tax Laws
Nigerian manufacturers are poised for a major boost in 2026 thanks to the implementation of the Nigeria Tax Act (NTA)…
Banks Slash Loans to Manufacturers and Traders by N2.1 Trillion in H1 2025
Nigeria’s banks have cut loans to manufacturers and traders by N2.1 trillion in the first six months of 2025, highlighting…
Nigeria’s Debt Service Set to Surpass N91 Trillion by 2028 Under Tinubu Administration
Nigeria’s federal government, under President Bola Tinubu, is on track to spend over N91 trillion on debt service between 2023…
Google Removes AI Overviews for Certain Medical Queries Amid Accuracy Concerns
Google has removed AI-generated Overviews from certain health-related search queries following reports that the feature provided potentially misleading information. The…
Nigeria’s Securities Firms Call for Collaborative Regulation and Faster Dispute Resolution
Nigeria’s securities market operators are advocating for a new regulatory approach that emphasizes collaboration and speedy dispute resolution, citing the…
Nigerian Equities Rally by N3.84 Trillion as Investor Confidence Surges
Nigerian equities recorded a strong rebound last week, gaining N3.84 trillion in market value as renewed buying interest lifted share…
CBN FX Sales Hit $654m in December as Nigeria’s Foreign Exchange Inflows Rebound
Foreign exchange inflows into Nigeria’s FX market rebounded sharply in December, supported largely by increased dollar sales from the Central…
Fitch Forecasts Stable Investment Mix for Life Insurers in 2026 Despite Rising Risk Appetite
Fitch Ratings has projected that the investment portfolio mix of life insurance companies will remain largely stable in 2026, supported…
NBS Engages Stakeholders Ahead of December Inflation Report as Temporary Price Spike Looms
The National Bureau of Statistics (NBS) is set to engage key stakeholders ahead of the release of Nigeria’s December inflation…
When Power Stops Listening – A Pattern History Warns Us About.
History rarely repeats itself exactly, but it often follows familiar patterns. Before World War II, Germany did not suddenly become…
AIOZ Network: Building a People-Powered Internet for the Web3 Era
The internet promised freedom and democratization, but the reality of Web2 often fell short. Major corporations came to control much…
Nigeria’s Oil Regulators Renew Cooperation to Boost Investment and Industry Growth
Nigeria’s top oil regulators have renewed their commitment to strengthen collaboration, aiming to drive investment and efficiency in the country’s…
Retailers Call for Stronger Naira-for-Crude Policy in 2026 to Stabilize Fuel Prices
Petroleum products retailers are urging the Federal Government and industry regulators to strengthen the naira-for-crude policy in 2026, saying effective…
Nigeria’s Oil and Gas Sector Records Mixed Performance in 2025 Amid Production Shortfalls
Nigeria’s oil and gas industry ended 2025 with a mixed performance, showing gains in upstream activity and gas output but…
Heirs Technologies Accredited by NRS to Help Nigerian Businesses Achieve E-Invoicing Compliance
Heirs Technologies, a leading African tech services company and subsidiary of Heirs Holdings, has received official accreditation from the Nigeria…
New Tax Laws Aim to Stabilize Nigeria’s Economy, Says Joseph Tegbe
Nigeria may be on the verge of a major fiscal turnaround as new tax laws, effective January 1, 2026, seek…
FG Allocates N1.7tn in 2026 Budget to Settle Outstanding Contractor Debts
The Federal Government has earmarked N1.7 trillion in the 2026 Appropriation Bill to settle outstanding payments owed to contractors for…
FG Reviews Tariffs to Boost Industrial Growth and Lower Production Costs
The Federal Government of Nigeria has announced a review of the country’s tariff framework in a bid to strengthen industrial…
European Markets Rise Amid Mining Deals and Greenland Tensions
European markets opened in positive territory on Friday, with the pan-European Stoxx 600 climbing 0.37% by early trading in London.…