Business Naira Hits Two-Year High at N1,347/$ as FX Liquidity Improves Feb 20, 2026 0 The naira has surged to its strongest level in nearly two years, trading at N1,347.78/$ in the official market,…
Business Investors Gain N1.7tn as Banking and Industrial Stocks Rally on Nigerian Exchange Feb 20, 2026 0 Investors gained N1.7 trillion at the close of trading on Thursday as renewed buying interest in banking and…
Business Net Zero in Oil & Gas: Industry Leaders Outline Practical Strategies at… Feb 19, 2026 0 Oil and gas industry leaders have emphasized that achieving net zero in oil and gas operations requires more than…
Business Nigerian Stock Market Loses N577bn as Investors Take Profits – NGX ASI Dips 0.47% Feb 19, 2026 0 The Nigerian stock market yesterday experienced a significant pullback, halting its 11-day winning streak as…
Business Dawes Island Field Success Signals Growing Confidence in Nigerian Indigenous Oil… Feb 19, 2026 0 Petralon Energy has received high praise from Shell Western Supply and Trading for successfully developing the…
Business CNG Stations Rollout Falls Short of 2025 Target Despite $2B Investment in Nigeria Feb 19, 2026 0 Despite securing more than $2 billion in private sector investments over the past two years, Nigeria’s ambitious…
Technology Elon Musk’s xAI Secures $3 Billion from Saudi Firm Humain, Strengthening AI and… Feb 19, 2026 0 Elon Musk’s artificial intelligence venture, xAI, has secured a staggering $3 billion investment from Saudi Arabian…
Business European Stocks Slip as Airbus and Renault Earnings Shake Markets Feb 19, 2026 0 European markets opened lower on Thursday as investors closely analyzed earnings reports from major companies…
Business Nigeria’s Business Travel FX Spending Surges 366% to $672M Amid Growing Global… Feb 19, 2026 0 Nigeria has witnessed a remarkable surge in foreign exchange (FX) spending for business travel, with expenditures…
Business Bank Recapitalisation Could Bridge $120B African Trade Finance Gap, Says… Feb 19, 2026 0 Afreximbank has advised the Nigerian government to use ongoing bank recapitalisation as a strategic tool to address…
Business Unpaid Electricity Bills Hit N6 Trillion as Nigeria’s Power Sector Faces Liquidity… Feb 19, 2026 0 Nigeria’s power sector is facing a deepening financial crisis as electricity generation companies, under the…
Business Naira Depreciates to N1,340/$ as Parallel Market Hits N1,400/$ Amid Dollar… Feb 19, 2026 0 The Nigerian naira recorded a marginal depreciation on Wednesday, trading at N1,340/$ at the official market, down…
Business NGX: Commercial paper debuts with Dangote Cement’s N119.87bn issuance Feb 19, 2026 0 Nigeria’s capital market reached a new milestone as Dangote Cement Plc launched its first Commercial Paper (CP)…
Business CBN Governor Urges Banks to Drive Africa’s Industrialisation and Green Finance Feb 19, 2026 0 The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has called on banks and development finance…
Business FCMB Drives NGX Rebound as Shares Worth N35.8 Billion Trade on Customs Street Feb 19, 2026 0 The Nigerian Exchange (NGX) rebounded strongly on Wednesday, February 18, 2026, closing 1,106.72 points higher at…
investment FG Targets 15% Trade Cost Reduction with New Industrial Policy to Boost… Feb 19, 2026 0 The federal government has rolled out an ambitious industrial policy aimed at reducing trade costs in Nigeria by at…
Energy Nigeria’s Crude Oil Production Hits 1.64mbpd in 2025 Amid Rising Local Investment Feb 19, 2026 0 Nigeria’s crude oil production surged to 1.64 million barrels per day (mbpd) in 2025, marking a 5.8% increase from…
Energy NNPC Gas Master Plan 2026: Nigeria Set to Boost Gas Supply by 1.8 Bcf/d Feb 19, 2026 0 The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced ambitious plans to increase the country’s…
Business OpenAI Partners with Pine Labs to Accelerate AI-Driven Fintech in India Feb 19, 2026 0 OpenAI is deepening its presence in India with a strategic partnership with Pine Labs, aiming to bring AI-powered…
Business Nigeria’s Foreign Reserves Hit $48.5bn, Highest Level Since 2013 Feb 19, 2026 0 Nigeria’s foreign reserves have climbed to $48.5 billion, marking the highest level recorded since May 2013.…
Energy Tinubu Executive Order on NNPCL Revenue Remittance Signals Major Oil Sector Reform Feb 19, 2026 0 President Bola Tinubu has signed a sweeping Executive Order suspending the collection of management and frontier…
Business Nigeria’s World Bank IDA Debt Rises to $18.7bn as External Borrowing Pressures… Feb 19, 2026 0 Nigeria’s debt to the International Development Association (IDA), the concessional lending arm of the World Bank,…
Business NRS E-Invoicing Rollout for Medium Taxpayers Begins April 2026 Feb 18, 2026 0 The Nigeria Revenue Service (NRS) has announced that it will extend its electronic invoicing system to medium and…
Business Nigeria Circular Economy Week: Experts Demand Government Support to Unlock… Feb 18, 2026 0 Stakeholders across the waste management value chain have called for stronger government backing and policy…
Business Ghana Government Pays GH¢10 Billion Interest Under Domestic Debt Exchange… Feb 18, 2026 0 The Government of Ghana has successfully settled GH¢10 billion in interest obligations under the Domestic Debt…
Business NNPC to Increase Gas Supply by 1.8bcf/d in 2026 to Meet Rising Domestic Demand Feb 18, 2026 0 The Nigerian National Petroleum Company Limited (NNPC Ltd) has unveiled plans to raise gas supply by an additional…
Economy FG Asset Sales in 2026: Revenue Generation Overshadows Efficiency, Analysts Warn Feb 18, 2026 0 Analysts have raised concerns over the Federal Government’s (FG) plan to sell selected state-owned assets and…
Business Nigeria’s Oil Output Falls 6.3% in January 2026 Amid Price Volatility Feb 18, 2026 0 Nigeria’s oil production fell sharply in January 2026, raising concerns about the country’s ability to meet both…
Business Naira Strengthens to N1,337/$ Amid Global Peace Talks: What It Means for Nigeria’s… Feb 18, 2026 0 The Nigerian Naira has shown signs of recovery, strengthening to N1,337 per U.S. dollar at the official foreign…
Business Chams Enters Nigeria’s AI Infrastructure Race with New Subsidiary ChamsCorp Feb 18, 2026 0 Chams Holding Company Plc, one of Nigeria’s pioneering technology firms, has officially launched a new subsidiary,…