FirstHoldCo Leads Banking Rally as 5.2bn Ecobank Shares Drive NGX Closer to 150,000
The Nigerian stock market extended its bullish run on Wednesday, edging closer to the psychological 150,000-point mark as renewed buying…
Author: ayotilewa
SMEDAN Seeks CBN Licence for Microfinance Bank as FG Targets One Million New Small Businesses
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has applied to the Central Bank of Nigeria (CBN) for…
AI Skills Revolution in Nigeria: FG, Microsoft, LBS Train 350,000 Citizens
The milestone builds on Microsoft’s long-standing collaboration with the Federal Government, which has provided digital skills training to more than…
European Markets Open Flat Ahead of Central Bank Decisions
European markets opened slightly above the flatline on Thursday, with investors adopting a cautious stance ahead of a packed day…
Banks Strengthen Capital Base as CBN Tightens Oversight Ahead of 2026 Deadline
Nigeria’s Deposit Money Banks are reinforcing their capital positions as the Central Bank of Nigeria intensifies regulatory oversight to strengthen…
Tinubu Nominates New NUPRC, NMDPRA Heads After Resignations
According to Bayo Onanuga via his X (formerly Twitter) account, President Bola Ahmed Tinubu has asked the Senate to approve…
Dollar Slides After Delayed U.S. Jobs Data Signals Fed Caution
The U.S. dollar weakened against major global peers on Tuesday after delayed economic data revealed stronger-than-expected job growth, a development…
FG to Launch ₦1.23 Trillion Power Sector Bond to Clear GENCOs’ Debt and Restore Market Confidence
The Federal Government of Nigeria has concluded plans to launch a ₦1.23 trillion Power Sector Bond as part of a…
World Bank Scores Nigeria’s Education Skills Project Satisfactory
Nigeria’s drive to strengthen professional skills in procurement and environmental standards has received a major boost as the World Bank…
Fuel Prices Remain Above N800 in Lagos Despite Dangote Refinery Cuts
Fuel prices in Lagos and other parts of Nigeria have begun to show slight reductions following a significant cut in…
Airtel Africa Partners with SpaceX to Bring Starlink Satellite Connectivity to 174 Million Nigerians
Airtel Africa has announced a groundbreaking partnership with SpaceX to introduce Starlink Direct-to-Cell satellite connectivity in Nigeria and 13 other…
Crypto Liquidations Surge to $583M as Bitcoin Slides to $86,000
Cryptocurrency markets experienced a sharp sell-off on Tuesday, pushing Bitcoin down to $86,000 and triggering mass liquidations across major digital…
FX Windfalls Fade as Nigerian Banks Return Focus to Core Lending
Foreign exchange (FX) gains, once a major source of profits for Nigeria’s top banks, have dropped sharply, signaling a major…
Dangote’s N739 Petrol Price Fails to Launch as Rift with NMDPRA Escalates
Consumers across Lagos and other states were left frustrated yesterday as the N739 per litre petrol price announced by Dangote…
CBN Governor Olayemi Cardoso Highlights Nigeria’s Economic Reforms to US Investors
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, engaged senior business leaders and institutional investors at the…
NGX Index Edges Up 0.01% as Access Corp Leads Trading Surge
The Nigerian Exchange (NGX) closed marginally higher on Tuesday, with the All Share Index inching up 0.01% to 149,459.11 points.…
Microsoft and Nigerian Government Train 4 Million Nigerians in AI and Digital Skills Since 2021
Microsoft Corporation and the Federal Government of Nigeria have successfully trained over four million Nigerians in digital and AI skills…
Nigeria’s Crude Oil Exports Hit N37.7 Trillion in Nine Months, Driving FX Stability
Nigeria’s crude oil exports surged to N37.7 trillion in the first nine months of 2025, according to the latest Foreign…
Nigeria’s Top 10 Import Partners in Q3 2025: China, US, and India Lead the Pack
Nigeria’s import market in the third quarter of 2025 remained largely concentrated around a core group of global partners, reflecting…
CBN Revokes Licences of Aso Savings and Union Homes over Regulatory Breaches
The Central Bank of Nigeria (CBN) has officially revoked the operating licences of Aso Savings and Loans Plc and Union…
X Reinforces “Twitter” Trademark in Terms of Service Amid Legal Battle with Startup
Elon Musk’s social media company, X, is taking a firm stance in its ongoing legal tussle over the “Twitter” trademark.…
Rising Mobile Data Demand Drives Telecom Growth in Q3 2025
Nigeria’s telecommunications sector continued its steady upward trajectory in the third quarter of 2025, powered by growing demand for mobile…
European Markets Rise as UK Inflation Cools, Sterling Slips Ahead of Central Bank Decisions
European stock markets opened broadly higher on Wednesday as investors positioned themselves ahead of a busy week of central bank…
Nigerian Breweries Trains 360 Retailers Nationwide to Drive Business Growth and Sustainability
Nigerian Breweries Plc has rolled out a nationwide entrepreneurial capacity-building programme aimed at strengthening the growth and sustainability of its…
Year-End Festivities May Push Inflation Higher in December, Experts Warn
Economic analysts have warned that Nigeria’s inflation rate may record a temporary rebound in December as year-end festivities drive higher…
Dollar to Naira exchange rate today, December 17, 2025
The Nigerian Naira showed mixed movements across the foreign exchange market on Wednesday, December 17, 2025, reflecting sustained pressure as…
Dangote Group Appoints Ex-CBN Director Mahmud Hassan as Group Chief Economist
Dangote Group has strengthened its economic advisory team with the appointment of renowned economist and former Central Bank of Nigeria…
Big Banks’ FX Gains Fall to Three-Year Low as Nigeria’s Banking Sector Shifts Strategy
Nigeria’s biggest banks are seeing a sharp slowdown in foreign exchange (FX) gains, once a major source of profits, as…
Analysts Predict Shift to Fundamentally Strong Stocks in Nigeria’s Stock Market Rally
As year-end trading activities gather pace, capital market analysts say investors are increasingly concentrating on fundamentally strong stocks with attractive…