CBN Imposes N10 Million Fine on Banks Using Unaccredited Cheque Printers
The Central Bank of Nigeria (CBN) has taken a firm stand on cheque security by imposing a N10 million fine on…
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NBET Budget Release 2025 Falls Far Short: Only N60 Million Released from N858…
The Nigerian Bulk Electricity Trading (NBET) Plc has revealed that only N60 million was released from its N858…
Seplat Leads NGX Rally as Nigerian Exchange Hits 441-Point Gain
The Nigerian Exchange (NGX) extended its winning streak on 12 February 2026, closing 441.3 points higher at…
BOI Disburses N636bn in 2025, Tinubu Says Reforms Driving Nigeria’s Economic…
President Bola Ahmed Tinubu has praised the Bank of Industry (BOI) for achieving a historic N636 billion in loan…
Nigeria’s Telecom Policy Overhaul Drives $1 Billion Private Investment in Digital…
Nigeria’s revamped telecommunications policies are paying off, attracting more than $1 billion in private…
Nigeria’s Trade and Investment Soars: FG Reports $21bn Capital Inflows in 2025
The Federal Government of Nigeria is stepping up its trade and investment agenda after a remarkable rebound in…
Nigerian-American Chamber Summit 2026 Aims to Boost Economic Stability in Nigeria
The Nigerian-American Chamber of Commerce (NACC) is set to host its 2026 Annual Breakfast Roundtable in Lagos,…
Asia Markets Slide as AI Fears Shake Global Stocks
Asian stock markets fell on Friday, tracking losses in the U.S. as investor anxiety over artificial intelligence…
Dollar Inflows Surge to $3 Billion in January, Boosting Hopes for Nigerian…
Nigeria may be on the verge of easing its high interest rates as improved foreign exchange (FX) liquidity…
CBN Recalibrates BDC Guidelines to Strengthen Nigeria’s Forex Market
The Central Bank of Nigeria (CBN) has announced recalibrated guidelines for licensed Bureau De Change (BDC)…
NNPC 2025 Revenue Hits N60.5 Trillion as N14.7 Trillion Remitted to Federation…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported a remarkable N60.5 trillion in total…
World Bank Endorses Nigeria’s Bank Recapitalisation to Boost Private Sector Growth
The World Bank has applauded the Central Bank of Nigeria’s (CBN) ongoing banking sector recapitalisation, calling…
SEC–NOA Partnership to Curb Illegal Investment Schemes in Nigeria
The Securities and Exchange Commission (SEC) has announced plans to collaborate with the National Orientation…
Nigeria Blackout Fears Rise as Seplat Gas Plant Maintenance Threatens 934MW Power…
Fears of widespread electricity disruptions are mounting across Nigeria following the announcement of scheduled…
Nigeria Underperforms OPEC Oil Quota for Sixth Straight Month Despite January…
Nigeria has once again fallen short of its crude oil production target set by the Organisation of the…
NNPC Warns of Power Dip as Seplat Shuts Gas Plant for Maintenance
The Nigerian National Petroleum Company Limited (NNPC Ltd) has issued a power dip warning following the planned…
Nigeria’s 15% Minimum Effective Tax Rate Reshapes Investment Strategy for Large…
Nigeria has officially introduced a 15 percent Minimum Effective Tax Rate (ETR) for large domestic companies and…
Nigerian All-Share Index Hits Eight-Day Winning Streak as Transcorp Hotels Soars…
The Nigerian equities market maintained its bullish momentum on 11th February 2026, as the All-Share Index (ASI)…
NGX Shares Surge to N100 Amid Strong Governance and Market Reforms
The shares of the Nigerian Exchange Group (NGX) soared to N100 last Friday, marking a remarkable 43% year-to-date…
Nigeria Revenue Service Sets Ambitious N40.7 Trillion Revenue Target for 2026
Nigeria Revenue Service (NRS) has unveiled an ambitious revenue target of N40.711 trillion for 2026, marking a 44%…
Africa Must Unite to Unlock Energy Potential, Says NCDMB Executive Secretary
Africa’s energy sector could reach new heights if countries across the continent work together, according to Felix…
The Brutal Economics of Orbital AI: Why Space Data Centers Are Still Out of Reach
Elon Musk’s vision of artificial intelligence in space is no longer science fiction. From his frequent nods to Iain…
Sophos Acquires Arco Cyber to Integrate Agentic AI into Cybersecurity Ecosystem
Sophos, a global leader in cybersecurity solutions, has announced the acquisition of UK-based Arco Cyber, a company…
Nigeria Records $21 Billion Capital Inflows in 10 Months as Investor Confidence…
Nigeria’s capital importation surged to $21 billion within the first ten months of 2025, marking a 75% increase…
African Families Struggle as Cost of Living Soars: Only 1 in 10 Nigerians Earn…
Across Africa, families are feeling the squeeze as the cost of living climbs, leaving households financially…
Tony Elumelu Calls for Public-Private Partnerships to Transform African…
Tony Elumelu, Founder and Group Chairman of Heirs Holdings, has called on African governments to strengthen…
NGX Investors Gain N4.14tn in Three Days as Market Hits N114tn Record
Investors on the Nigerian Exchange Limited (NGX) pocketed a remarkable N4.14 trillion in just three trading days…
Nigeria’s Capital Importation Soars to $21 Billion in 10 Months of 2025, Signaling…
Nigeria witnessed a significant surge in capital inflows, recording approximately $21 billion in the first 10…
Nigeria’s Crude Oil Output Rises to 1.459 Million BPD in January 2026 Amid Ongoing…
Nigeria’s crude oil production rose to 1.459 million barrels per day (bpd) in January 2026, reinforcing its…
Modal Labs Eyes $2.5B Valuation in Latest AI Inference Funding Talks
Modal Labs, the AI inference startup known for optimizing how AI models generate responses, is reportedly in early…