IMF Warns Middle East Conflict Could Trigger Global Economic Shock
The International Monetary Fund (IMF) has issued a stark warning that the ongoing conflict in the Middle East could have…
Author: ayotilewa
Google Reduces Play Store Commissions to 20% After Settling with Epic Games
Google is making significant changes to its Play Store policies after settling a long-standing legal dispute with Epic Games. The…
FG Sets Ambitious Goal: Manufacturing to Contribute 25% to Nigeria’s GDP by 2035
The federal government has unveiled a bold plan to significantly expand Nigeria’s manufacturing sector, targeting a contribution of 25 per…
CBN Strengthens Gold Reserves to $3.5bn as Senate Moves to Make Apex Bank Lead Fintech Regulation
The Central Bank of Nigeria (CBN) has increased its gold reserves to $3.5 billion by acquiring domestically sourced, London Bullion…
Nigeria’s $6 Billion Freight Market: Why Local Shipping Investors Are Missing Out
Despite Nigeria’s strategic 900-kilometre coastline and a market of over 200 million people, local shipping investors are largely absent from…
Nigeria’s Money Supply Falls to N123 Trillion as Bank Liquidity Tightens
Nigeria’s money supply (M²) experienced a slight decline in January 2026, falling 0.8 percent month-on-month to N123.4 trillion from N124.4…
MTN and Aradel Lead Nigerian Market Value as All-Share Index Edges Down 0.08%
The Nigerian All-Share Index (ASI) closed slightly lower on 4th March 2026, dipping 0.08% to 196,463.2 points, halting its steady…
CBN Treasury Bill Auction Sees N2.34 Trillion in Bids, One-Year Bill Leads Investor Demand
The Central Bank of Nigeria (CBN) recorded strong investor interest at its Treasury Bill Primary Market Auction held on March…
Cooking Gas Price Soars 40% to N1,400 per KG Amid Middle East Crisis
The price of cooking gas in Nigeria has surged sharply, jumping 40 percent to N1,400 per kilogram, following escalating tensions…
US-Iran Conflict Sparks UK Fuel Crisis While Nigeria Secures Supply with Dangote Refinery
Motorists across Britain are facing long queues and empty pumps as fears of an oil shortage escalate amid the ongoing…
European Markets Brace for Mixed Open Amid U.S.-Israel-Iran Conflict
European markets are set to open in mixed territory on Thursday, reflecting heightened investor caution amid ongoing geopolitical tensions in…
CBN Forex Reforms Boost Reserves and Stabilize Naira Amid Economic Recovery
Nigeria’s Central Bank (CBN) forex reforms have yielded significant results, with the country’s external reserves climbing to $50.45 billion and…
CBN Reforms Push Naira to First Annual Gain in 13 Years
Nigeria’s currency recorded a historic turnaround in 2025 as reforms by the Central Bank of Nigeria (CBN) helped the naira…
Nigerian Crude Oil Surges Past $80 Amid Middle East Tensions – Highest Since 2024
Nigerian crude oil prices have climbed past $80 per barrel, marking the highest levels since mid-2024. The spike follows recent…
Nigeria’s Path to Global Oil Leadership: Strategic Measures Highlighted by Petroleum Engineers
The Society of Petroleum Engineers Nigeria (SPEN) has urged swift action, resilience in coordination, and disciplined project execution to solidify…
Apple Unveils M5 MacBook Air and MacBook Pro with Major AI Performance Boost
Apple has introduced its latest lineup of laptops, unveiling updated versions of the MacBook Air and MacBook Pro powered by…
Google AI Image Creation in Nigeria: Search, Lens Now Generate Images in Seconds
Google has expanded its artificial intelligence capabilities in Nigeria, enabling users to generate images directly through Google Search and Google…
Nigeria Telecoms GDP Hits N18.5tn in 2025 as Data Boom and 5G Rollout Accelerate Digital Economy
Nigeria’s telecommunications industry strengthened its grip on the economy in 2025, contributing N18.5 trillion to real Gross Domestic Product (GDP)…
Higher Oil Prices Not Nigeria’s Opportunity: Gas Shock and Strait of Hormuz Risk Expose Structural Vulnerabilities
Higher oil prices are once again dominating global headlines, but they may not represent the opportunity many assume for Nigeria.…
Indigenous Operators Drive Nigeria’s Oil Production Ambitions
Nigeria’s upstream oil and gas sector is undergoing a pivotal transformation as indigenous operators move from marginal participants to central…
Nigeria’s Economy Set to Grow 5.5% in 2026 as Inflation Falls to 6%
Nigeria is poised for stronger economic growth in 2026, with analysts projecting a full-year GDP increase of 5.55% and inflation…
Nigeria’s Net Reserves Soar to $34.8 Billion in Two Years, Boosting Economic Confidence
Nigeria’s net external reserves have skyrocketed by 772 percent over the past two years, reaching $34.8 billion at the end…
VAT Hits Record N1tn as New Sharing Formula Boosts States’ Revenue in 2026
Nigeria’s Value Added Tax (VAT) revenue surged to a record N1.08 trillion in January 2026, marking the first full month…
European Markets Climb Amid Middle East Tensions: Stocks Rebound After Volatile Trading
European stocks opened higher on Wednesday as investors monitored escalating tensions in the Middle East. The Stoxx Europe 600 rose…
NGX Market Cap Soars by N710bn as Investor Confidence Boosts Oil, Industrial, and Consumer Stocks
The Nigerian Exchange (NGX) saw a significant surge in market capitalization yesterday, gaining N710 billion as investors returned to key…
Top 10 Best-Performing Nigerian Stocks in February 2026 as NGX Surges 16.60%
Nigeria’s stock market delivered a powerful rally in February 2026, with the benchmark index of the Nigerian Exchange Group (NGX)…
NGX Gains N710bn Despite Iran War Fears as Global Markets Slide
Nigeria’s stock market delivered a rare show of strength on Tuesday as the Nigerian Exchange Limited (NGX) gained N710 billion…
Oil Prices Spike Toward $85 as Global Supply Risks Intensify
Global oil prices rallied sharply on Tuesday, with Brent crude climbing above $84 per barrel amid escalating tensions in the…
FGN Savings Bond March 2026: Earn Up to 13.9% with Sovereign-Backed Returns
The Federal Government of Nigeria (FGN) has announced its March 2026 Savings Bond, offering retail investors interest rates of up…
ITU Secures $82 Billion in Digital Investments to Bridge Global Connectivity Gap
The International Telecommunication Union (ITU) has reached a significant milestone in its drive to close the global digital divide, with…