Top 10 NGX Brokers Control 87% of Market Transactions Amid Year-End Rally
Fresh data from the Nigerian Exchange (NGX) shows that ten stockbroking firms dominated market activity in the week ending December…
Author: ayotilewa
SEC Sets January 31 Deadline for Capital Market Operators’ Registration Renewal
Nigeria’s Securities and Exchange Commission (SEC) has directed all capital market operators (CMOs) to renew their registration between January 1…
U.S. Treasury Yields Fall Ahead of Key Debt Auctions as Investors Eye Inflation Outlook
U.S. Treasury yields moved lower on Tuesday as investors adopted a cautious stance ahead of a series of key government…
Why Investors Chose Dollar Over Naira Investments Despite Signs of Economic Recovery – Lukefield Finance CEO
Despite recent signs that Nigeria’s economy may be turning a corner, many investors are still cautious. According to Omotayo Asupoto,…
Nigeria Partners PlotWeaver to Deploy AI Tools for Filmmakers Nationwide
The Federal Government, through the Nigerian Film Corporation (NFC), has entered into a strategic partnership with PlotWeaver, an artificial intelligence–powered…
How to Generate Your Tax ID via JTB Ahead of 2026
As Nigeria prepares for the 2026 fiscal year, obtaining a Tax Identification Number (TIN) through the Joint Tax Board (JTB)…
Nigerian Fintech Funding Hits $230M in 2025: Are Startups Creating Real Economic Value?
Nigerian fintech startups raised a total of $230 million in 2025, signaling a sharp 44% decline from the $410 million…
OpenAI Lets Users Control ChatGPT’s Tone and Enthusiasm for a More Personalized Experience
OpenAI has rolled out new customization options for ChatGPT, allowing users to directly adjust the chatbot’s warmth, enthusiasm, and even…
EIA Revises OPEC Oil Capacity: Spare Production Higher Than Expected
The U.S. Energy Information Administration (EIA) has quietly updated its outlook on global oil production, suggesting that OPEC may be…
Dangote-NMDPRA Feud: PENGASSAN Calls for Strong Institutions to Protect Nigeria’s Oil Sector
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called for stronger institutions in Nigeria’s oil and…
Indigenous Operators Drive Nigeria’s Energy Future, Marks 10 Years of Impact – IPPG
The Independent Petroleum Producers Group (IPPG) has marked a decade of resilience, collaboration, and transformative impact in Nigeria’s oil and…
PenCom Recovers N4.04bn from Defaulting Employers in 2025, Expands Pension Coverage for Artisans and Gig Workers
The National Pension Commission (PenCom) has announced the recovery of N4.04 billion from defaulting employers between January and November 2025,…
Nigeria’s FX Reserves Fall by $263 Million After 25 Weeks of Gains
Nigeria’s foreign exchange (FX) reserves have dipped by $263.151 million, ending a remarkable 25-week accumulation streak, according to data from…
Mandatory TINs in Nigeria: Tax Reform or Threat to Financial Inclusion?
As Nigeria moves to make Tax Identification Numbers (TINs) mandatory for all bank accounts from January 1, 2026, millions of…
Nigeria’s Fiscal Indiscipline Threatens 2026 Budget, Experts Warn
Nigeria’s public finances are facing mounting pressure as fiscal indiscipline and governance gaps continue to undermine the nation’s budgetary process.…
CBN Mandates Multi-Factor Authentication for Foreign Card Transactions Across Nigeria
The Central Bank of Nigeria (CBN) has ordered banks and non-bank acquirers to strengthen security on foreign-issued card transactions across…
European Markets Slip Ahead of Short Trading Week as Gold Hits Record Highs
European stocks fell modestly on Monday, as positive momentum from last week’s gains slowed ahead of a short trading week.…
SEC Mandates CMO Registration Renewal and Launches Digital Transformation Portal
The Securities and Exchange Commission (SEC) has instructed all Capital Market Operators (CMOs) to renew their registration between January 1…
Shehu Shantali Appointed CSCS CEO, Pledges to Build on Jalo-Waziri’s Legacy
The Central Securities Clearing System Plc (CSCS) has officially announced the appointment of Shehu Shantali as its new Chief Executive…
Banking and Consumer Stocks Propel Nigerian Equities Up 1.76% Amid Year-End Rally
Nigerian equities ended the week on a high note, gaining 1.76% thanks to strong buying interest in banking and consumer…
CBN Eases Foreign Card Usage for Tourists and Returning Nigerians
The Central Bank of Nigeria (CBN) has issued a new directive to banks and financial institutions aimed at improving access…
Yuletide Travel Alert: FCCPC Warns Road Transporters Against Unfair Fare Hikes
As millions of Nigerians prepare for yuletide travels, the Federal Competition and Consumer Protection Commission (FCCPC) has issued a stern…
Asia-Pacific Markets Rise as China Holds Lending Rates, Boosting Investor Confidence
Asia-Pacific markets closed higher on Monday as investors reacted calmly to China’s decision to keep its key lending rates unchanged,…
Price War Deepens as Petrol Prices Crash by N100 Amid Dangote Refinery Push
Nigeria’s downstream oil sector has entered a fierce petrol price war, as filling stations slash pump prices by as much…
Dangote Launches ₦739/Litre Petrol Nationwide at MRS Stations
Dangote Petroleum Refinery has begun nationwide sales of Premium Motor Spirit (PMS) at a pump price of ₦739 per litre…
World Bank Set to Approve $500m Loan to Boost MSMEs in Nigeria
The World Bank is expected to approve a $500 million loan for Nigeria on Friday as part of a major…
Dollar Exchange Rates Steady Ahead of ECB and BoE Rate Decisions
The U.S. dollar held its ground against major currencies on Thursday, as traders braced for upcoming central bank announcements from…
NEPAD Reaffirms Commitment to Africa’s Trade Growth under AfCFTA
The NEPAD Business Group Nigeria (NBGN) has reaffirmed its commitment to driving private sector–led economic transformation across Nigeria and the…
Nigeria Spends 72% of Federal Revenue on Debt Servicing in First Seven Months of 2025
Nigeria’s Federal Government spent nearly three-quarters of its total revenue on servicing domestic and external debt in the first seven…
NGX Banking Index Surges 38% in 2025 Despite Uneven Stock Performance
Banking stocks on the Nigerian Exchange Limited (NGX) have delivered mixed results in 2025, even as the NGX Banking Index…