European Markets Set to Slump as Middle East Tensions Push Oil Prices Above $110
European stock markets are expected to open sharply lower on Monday as escalating tensions in the Middle East push global…
Author: ayotilewa
Nigeria Pension Assets Rise to N28.03tn as FGN Securities Dominate Investments
Nigeria’s pension industry recorded a strong start to 2026 as total pension assets rose by N580 billion in January, highlighting…
Champion Breweries Meets NGX Free Float Requirement After Public Offer and Rights Issue
Champion Breweries Plc has announced that it has successfully met the minimum free float requirement for companies listed on the…
Nigeria’s Power Sector Debt: A Case for Accountability Amidst Audit Disputes
Nigeria’s power sector has long been plagued by structural inefficiencies, weak liquidity and persistent non-performance across the value chain. The…
AWS Launches Amazon Connect Health: AI Agent Platform for Streamlined Healthcare Administration
Amazon Web Services (AWS) has officially entered a new phase in healthcare innovation with the launch of Amazon Connect Health,…
Nigeria to Train 10,000 AI Experts Through Microsoft and TeKnowledge Partnership
Nigeria is taking a major step toward becoming a global hub for artificial intelligence as TeKnowledge and Microsoft announce the…
NNPC Leads Petrol Price Surge in Nigeria Amid Looming Fuel Scarcity
The price of Premium Motor Spirit (PMS), commonly known as petrol, has surged sharply across Nigeria, sparking concerns over a…
Dangote Refinery vs Importers: Petrol Price Debate Amid US-Iran Tensions
Amid escalating tensions in the Middle East, Nigeria is witnessing a sharp debate over petrol prices as the Dangote Petroleum…
Nigeria Positions for Stronger AfCFTA Gains with Subnational Export Expansion
The Federal Government has reaffirmed its commitment to delivering tangible results under the African Continental Free Trade Area (AfCFTA), emphasizing…
FG Introduces New Presumptive Tax Rules to Simplify Compliance for MSMEs
The federal government of Nigeria has introduced new presumptive tax rules aimed at Micro, Small, and Medium Enterprises (MSMEs) nationwide.…
Manufacturers Optimistic as CBN Interest Rate Cuts Promise Credit Boost Beyond N7tn
Manufacturers in Nigeria are eyeing a rebound in access to bank credit after lending to the sector dropped to N7.09…
Nigerian Pension Funds Hit N28 Trillion as Contributor Base Tops 11 Million
The Nigerian pension fund industry has kicked off 2026 with remarkable growth, reaching a new high of N28.04 trillion in…
Asia Markets Edge Higher Amid Iran Conflict Concerns and Oil Price Volatility
Asia-Pacific markets mostly rose on Friday as investors cautiously assessed the impact of escalating tensions in the Middle East on…
Nigerian Equities Market Rebounds, NGX Gains N220bn Amid Investor Optimism
The Nigerian equities market recorded a strong rebound on Thursday, as gains in several medium- and large-cap stocks boosted overall…
Bitcoin Holds Above $72K Amid 2022 Crash Echoes: Analysts Eye Key Support Levels
Bitcoin continued trading above $72,000 on Thursday, giving investors a sense of relief after a recent pullback. Yet some market…
Nigerian Stock Market Gains N221bn as Nestle Nigeria Drives Investor Demand
The Nigerian stock market witnessed a notable boost yesterday, with the Nigerian Exchange Limited (NGX) gaining N221 billion, driven largely…
Naira Holds Strong at N1,850/£1 Amid UK Pound Weakness and Rising Local Demand
The Nigerian naira settled at N1,850 per British pound (GBP) in the official foreign exchange market on Wednesday, maintaining stability…
CBN Withdraws N13.41 Trillion in January 2026 Amid Tight Liquidity Conditions
The Central Bank of Nigeria (CBN) pulled a record N13.41 trillion from the financial system in January 2026, nearly five…
NTB Auction Sees N2.34 Trillion Demand as Investors Eye Higher Yields
Investors poured N2.34 trillion in bids at the latest Nigerian Treasury Bills (NTB) auction, more than double the N1.05 trillion…
U.S. Dollar Surges Amid Middle East Tensions: Poised for Biggest Weekly Gain in a Year
The U.S. dollar held steady in early Asian trading on Friday, buoyed by escalating tensions in the Middle East that…
Dangote Refinery Absorbs 20% Crude Cost Surge to Stabilise Petrol Supply in Nigeria
Nigeria’s largest refining facility, the Dangote Petroleum Refinery & Petrochemicals, has assured Nigerians that it will maintain a steady supply…
Google Adds Yoruba and Hausa Language Support to AI Search in Nigeria
Google has expanded the language capabilities of its AI-powered search tools in Nigeria by adding support for Yorùbá and Hausa,…
Jaiz Bank Leads Trading Volume as Nigerian Stock Market Rises 0.18%
The Nigerian stock market closed slightly higher on March 5, 2026, as the Nigerian Exchange All-Share Index gained 343.9 points…
Finance and Technology Key to Unlocking Nigeria’s Gas Potential – Industry Leaders
Industry experts have stressed that stronger financing frameworks, strategic infrastructure investment, and the adoption of advanced technology are crucial to…
Report: Rising oil prices will improve current account balances of Nigeria, Ghana
A surge in global oil prices triggered by the escalating conflict involving the United States, Israel and Iran could bring…
Oil Prices Surge Amid Middle East Tensions, Strait of Hormuz Supply at Risk
Oil prices surged sharply on Wednesday as escalating tensions in the Middle East disrupted global energy supplies, sending benchmarks to…
Oil Price Surges to $84 Per Barrel, Surpassing Nigeria’s 2026 Benchmark Amid Middle East Tensions
Crude oil prices soared on Thursday, reaching $84 per barrel, the highest level in 2026, well above Nigeria’s federal budget…
Nigerian Private Sector Credit Slides to N75.24 Trillion in January 2026 Amid Tight Lending Conditions
Nigerian banks’ lending to the private sector dipped to N75.24 trillion in January 2026, down from N75.83 trillion in December…
Nigeria to Launch National Single Window Digital Trade Platform on March 27
Nigeria is set to officially launch its National Single Window (NSW) digital trade platform on March 27, a move hailed…
AfDB Invests €6.5 Million in Saviu II to Boost Tech Startups in Francophone Africa
The African Development Bank Group (AfDB) has approved a €6.5 million investment in the Saviu II venture capital fund, aiming…