Nigeria’s Petrol Consumption Drops to 52.9 Million Litres in November Amid Rising…
Nigeria’s petrol consumption declined to 52.9 million litres per day in November, signaling a slight slowdown in…
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Nigeria and China Strengthen Agricultural Partnership with $200M Poultry Project
Nigeria is taking a major step toward transforming its agricultural sector as a high-level delegation led by Kaduna…
Nigeria’s AI Startups Struggle Abroad as Infrastructure Gap Hampers Growth
Over 300 Nigerian AI startups are forced to train their large language models and run AI workloads in data centers…
Nigeria, France Seal Tax Administration Deal to Power Digital Reforms Ahead of…
Nigeria has taken another major step toward modernising its tax system as the Federal Government signed a…
CBN Caps Cash Payments for PTA/BTA at 25% Under New Forex Rules
The Central Bank of Nigeria (CBN) has announced a new policy limiting cash payouts for Personal Travel Allowance…
European Markets Struggle to Gain Momentum as Fed Rate Cut Fails to Lift Global…
European markets are poised for a muted open on Thursday as investors sift through the U.S. Federal Reserve’s…
Nigeria Sees Petrol Import Surge as NNPC Leads 1.56bn-Litre Supply Rebound in…
Nigeria’s petrol supply landscape shifted sharply in November as the Nigerian National Petroleum Company Limited…
CBN Revokes Licences of Non-Compliant BDCs After New Rules Deadline
The Central Bank of Nigeria has formally revoked the licences of all legacy Bureau De Change operators that failed…
NGX Lists Chams HoldCo’s N3.66bn Shares to Boost Digital Payment Expansion
The Nigerian Exchange Limited (NGX) has officially admitted 1.955 billion ordinary shares of Chams Holding Company…
FG, SEC, NGX Group Align on Capital Gains Tax Reform for Market-Friendly Rollout
The Federal Government (FG) has taken a significant step toward a more predictable and market-friendly…
PenCom Recovers N32 Billion from Defaulting Employers, Strengthens Pension…
The National Pension Commission (PenCom) has successfully recovered N32.27 billion from employers who failed to…
Heirs Energies, NNPC Partner to Monetise 180mmscf/d of Flared Gas by 2026
Heirs Energies and the Nigerian National Petroleum Company Limited (NNPC) have signed landmark agreements with five…
Esso E&P Reaffirms Commitment to Nigeria’s Energy Security Amid Policy Shifts
Esso Exploration and Production Nigeria Deepwater Limited (Esso E&P), an affiliate of ExxonMobil Corporation,…
Nigeria Embarks on MOSIP Migration to Upgrade National ID System
Nigeria is undertaking one of the most ambitious digital transformations in its history by migrating its National…
NUPRC Launches 2025 Petroleum Licensing Round with Signature Bonuses from $3M to…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled the rules for its highly anticipated…
From AI Hype to AI-Ready: How Companies Can Build a Solid Data Foundation
Artificial intelligence promises transformative potential, from perfect customer personalization to seamless…
CoreWeave CEO Defends AI Circular Deals Amid Volatile Stock Performance
CoreWeave, a rising star in the AI cloud infrastructure market, has faced a rollercoaster year. After a highly…
Nigerian Bond Yields Surge as DMO Increases Rates in December Issuances
Nigeria’s bond market saw a sharp rise in yields on Monday, with longer-term government securities leading the…
Bonny Light Oil Prices Settle at $65 Amid Global Oversupply Concerns
Nigeria’s flagship crude, Bonny Light, stabilized at $65 per barrel following a sharp decline in global oil prices,…
Fitch Advises CBN to Proceed Cautiously on Rate Cuts Amid Strong FX Reserves
Nigeria’s gross official foreign exchange reserves have reached a six-year high, crossing the $45 billion mark,…
Nigerian Stock Market Slides 0.33% Amid Negative Investor Sentiment
The Nigerian equities market experienced a downturn on Tuesday, as sustained negative sentiment pushed the…
Nigeria Bans Cash Payments for Government Revenues to Boost Transparency
In a major step to enhance transparency and accountability, Nigeria’s Federal Government has banned the collection…
US Approves Nvidia H200 AI Chip Exports to China with 25% Fee Amid Security Debate
The United States has approved the export of Nvidia’s H200 AI chips to China, while imposing a 25% fee on the…
Seplat Energy Trains 35 Journalists in Edo and Delta to Boost Media Skills
Seplat Energy has successfully hosted a two-day capacity-building workshop for 35 journalists from Edo and Delta…
Human-Centred AI Transforms Manufacturing and Supply Chain Resilience
Edward Isoghie, a leading expert in human-centred artificial intelligence (AI), industrial cyber resilience, and…
NNPC Sets 36-Year Production Record as Nigeria’s Upstream Revival Gains Momentum
The Nigerian National Petroleum Company (NNPC) has achieved a historic milestone, recording its highest crude oil…
European Markets Dip as Investors Brace for Key U.S. Fed Rate Decision
European stocks were on track for a lower open on Wednesday as global investors shifted into cautious mode ahead of…
CBN Unveils Fresh Push to Expand Agricultural Lending as Cardoso Sets New…
The Central Bank of Nigeria (CBN) has announced a renewed drive to increase agricultural lending, which currently…
FG Launches N590bn Bond to Begin Repayment of N4tn Power Sector Debt
The Federal Government has officially begun tackling the long-standing N4tn debt owed to power generation companies…
UACN Stock Rise Hits 22.7% in December’s First Week, Eyes N100 Milestone
Shares of UAC of Nigeria Plc (UACN) soared by 22.69% in the first trading week of December 2025, propelling its…