Nigeria’s Trade with ECOWAS Soars 43% to N6.9 Trillion in 2025
Nigeria’s trade with fellow Economic Community of West African States (ECOWAS) countries recorded a remarkable 43 percent increase year-on-year (YoY),…
Author: ayotilewa
Ghana Producer Price Inflation Slows to 1.3% in November 2025
Producer price inflation (PPI) in Ghana slowed slightly to 1.3% in November 2025, down from 1.4% in October, according to…
TikTok Cedes U.S. Control to American Investor Group in Major Security-Focused Deal
TikTok has reached a landmark agreement to transfer significant control of its U.S. operations to a consortium of American investors,…
ChatGPT Mobile App Surpasses $3 Billion in Global Consumer Spending
ChatGPT’s mobile app has officially surpassed $3 billion in global consumer spending, marking a major milestone for the AI-powered chatbot.…
FCMB Group Gets Shareholders’ Approval to Raise N400bn Ahead of 2026 CBN Recapitalisation Deadline
Shareholders of FCMB Group Plc have approved a major capital raise of up to N400 billion, positioning the bank to…
Nigeria Inflation Expectations: Businesses and Households Predict Stability in Coming Months
Businesses and households across Nigeria are anticipating stable inflation in the coming months, according to the Central Bank of Nigeria’s…
CBN Survey Predicts Business Confidence in Nigeria to Hit 52.8 Points by Mid-2026
Nigeria’s business environment is set for a boost over the next six months, with confidence among businesses expected to reach…
2025 Nigeria Budget Hit Hard as Oil Revenue Falls 62% Below Target
Nigeria’s 2025 federal budget has suffered a significant setback as oil and gas revenues fell 62.2% below the prorated target…
Senate Screens Tinubu’s Nominees as Nigeria Petroleum Regulatory Reforms Gain Momentum
Nigeria’s push for stronger oil and gas governance took a significant step forward on Thursday as the Senate commenced the…
Dangote Refinery Partnership Set to Reduce Petrol Prices, IPMAN Confirms
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged its members nationwide to prioritize purchasing Premium Motor Spirit (PMS)…
Nigeria Urged to Bridge Digital Divide and Improve Internet Affordability
Nigeria, alongside other African nations, has been urged to tackle persistent digital divides and ensure affordable internet access, as highlighted…
Facebook Tests Paid Limits on Link Sharing, Allowing Only Two Free Links Per Month
Meta Platforms Inc. has begun testing a new feature that restricts how many links certain users can share on Facebook,…
Japan Stocks Surge as Bank of Japan Raises Interest Rates to 30-Year High
Japan’s financial markets reacted sharply on Thursday after the Bank of Japan raised its benchmark policy rate to its highest…
Global Oil Oversupply Leaves Nigerian Crude Unsold as Dangote Refinery Turns to Imports
Nigerian crude oil sellers are facing mounting pressure in the global market as oversupply continues to dampen demand, leaving millions…
PenCom Extends Pension Recapitalisation Deadline to June 2027
The National Pension Commission (PenCom) has extended the deadline for pension industry recapitalisation to June 2027, moving it from the…
World Bank Set to Approve $500m Loan to Boost MSME Financing in Nigeria
The World Bank is expected to approve a $500 million loan for Nigeria today (Friday, December 19, 2025), aimed at…
Nigeria’s Broadband Penetration Hits 49.89% — 70% 2025 Target Likely Unattainable
Nigeria is set to miss its ambitious broadband penetration target of 70% by the end of 2025, according to recent…
FG Power Sector Debt to Hit N6.4 Trillion by 2025, Threatening National Electricity Supply
The Federal Government’s indebtedness to power generation companies (GENCOs) is projected to reach N6.4 trillion by the end of 2025,…
Tinubu Sends N43 Trillion Budget Repeal and Re-enactment Bill to National Assembly to End Multiple Budgets
President Bola Tinubu has formally transmitted the Appropriation, Repeal, and Re-enactment Bill 2 of 2024 to Nigeria’s National Assembly, aiming…
TotalEnergies Launches TEMC+ for Secure, Real-Time Payments Across Nigeria
TotalEnergies Marketing Nigeria Plc has unveiled its newest innovation, the TotalEnergies Mobility Card Plus (TEMC+), a smart payment solution designed…
CIS Urges Nigerian Students to Embrace Capital Market Certification Amid Digital Finance Reforms
The Chartered Institute of Stockbrokers (CIS) has called on Nigerian students to equip themselves for emerging opportunities in the country’s…
NDIC and NIBSS Sign MoU to Boost Depositor Payouts in Failed Banks
The Nigeria Deposit Insurance Corporation (NDIC) and the Nigeria Inter-Bank Settlement System Plc (NIBSS) are set to sign a Memorandum…
Adobe Faces Class-Action Lawsuit Over Alleged Use of Authors’ Works in AI Training
Adobe, the tech giant known for its creative software, is facing a proposed class-action lawsuit alleging the misuse of authors’…
MTN, Dangote Cement, Guinness, Okomu Oil: Top NGX Stocks to Buy in 2026 on Earnings Upside
Analysts at Financial Derivatives Company (FDC) have identified four Nigerian Exchange (NGX) blue-chip stocks—MTN Nigeria Plc, Dangote Cement Plc, Guinness…
Nigeria Customs Warns Banks Over Late Remittance of Duties: Penalties Imposed for Delays
The Nigeria Customs Service (NCS) has issued a stern warning to designated banks that fail to remit collected customs duties…
Nigeria’s Crude Oil Exports Reach N37.7 Trillion in First Nine Months of 2025
Nigeria’s crude oil exports surged to N37.7 trillion in the first nine months of 2025, according to the Q3 2025…
NNPCL Confident of Achieving 2.06 Million BPD Oil Production Target in 2026
The Nigerian National Petroleum Company Limited (NNPCL) has expressed optimism that its 2.06 million barrels per day (bpd) crude oil…
Non-Interest Banking in Ghana Open to All, Says Bank of Ghana
The Bank of Ghana (BoG) has emphasized that non-interest banking in the country is accessible to everyone and is not…
Facebook Tests Link-Posting Limits for Professional Accounts: Impact on Creators and Brands
Meta, the parent company of Facebook, is testing a new restriction on link posting for professional accounts and Pages, limiting…
Pensions Alliance Tops Best-Performing PFAs in Nigeria as of September 2025
Nigeria’s pension sector delivered a strong performance in the first nine months of 2025, despite economic headwinds including high interest…