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Business

Nigerian Banks Earn N2.6 Trillion from Loans as Interest Rates Surge

Feb 5, 2025 0
Amid rising interest rates, five Nigerian banks FBN Holdings, FCMB Group, Wema Bank, Stanbic IBTC Holdings, and…
Business

Blockchain will aid market regulation — SEC

Feb 5, 2025 0
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized the…
Business

Stock Market Stays Upbeat, Gains N98bn

Feb 5, 2025 0
The Nigerian stock market maintained its bullish momentum, with overall market capitalization increasing by N98…
Business

Top-performing Nigerian equity funds in January 2025 

Feb 5, 2025 0
The Nigerian stock market started 2025 on a positive trajectory, with the All-Share Index (ASI) gaining 1.53% in…
Business

FG to raise broadband investments by 500% – Minister

Feb 5, 2025 0
The Federal Government of Nigeria is launching a new initiative, the National Broadband Alliance for Nigeria…
Business

SEC DG Highlights Blockchain’s Role in Enhancing Capital Market Regulation

Feb 5, 2025 0
The Director General of Nigeria’s Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized…
Business

Naira sustains gains, appreciates to N1,595/$

Feb 5, 2025 0
The Naira strengthened to N1,595 per dollar in the parallel market yesterday, showing a significant improvement…
Business

Naira Holds Steady as CBN Extends Dollar Access to Bureau De Change Operators

Feb 5, 2025 0
The naira remained stable across Nigeria’s foreign exchange (FX) markets on Tuesday, as reduced dollar demand and…
Business

FG to Issue N758bn Bonds to Clear Pension Debts, Boost Economy

Feb 5, 2025 0
The Federal Government of Nigeria has announced plans to issue bonds worth N758bn to clear outstanding pension…
International

Trump Proposes U.S. Takeover of Gaza, Sparking Global Controversy

Feb 5, 2025 0
Former U.S. President Donald Trump has proposed a controversial plan for the Gaza Strip, suggesting that the…
Business

Ghana Faces Revenue Dilemma Amid Proposed Tax Cuts

Feb 4, 2025 0
The Ghanaian government is considering removing key taxes, including the e-levy, betting tax, and emission levy,…
Business

Ghana fuel prices increase for third consecutive time in 2025

Feb 4, 2025 0
Fuel prices in Ghana have increased for the third consecutive time in 2025, with Oil Marketing Companies (OMCs)…
Business

NPA goes tough on use of NXP for export cargos

Feb 4, 2025 0
The Nigerian Ports Authority (NPA) has mandated the enforcement of the Nigeria Export Proceed (NXP) as a key…
Business

NUPRC cracks down on IOCs, others over crude oil diversion

Feb 4, 2025 0
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued a stern warning to International Oil…
Business

FG Approves N4.2 Trillion for Major Infrastructure Projects, Unveils Plan to Boost…

Feb 4, 2025 0
The Nigerian federal government has approved road infrastructure projects totaling N4.2 trillion, including key…
Business

CBN extends $25,000 weekly forex sales to BDCs

Feb 4, 2025 0
The Central Bank of Nigeria (CBN) has announced an extension of the temporary arrangement that allows Bureau de…
Business

Oil firms must supply local refineries or lose export permits – NUPRC

Feb 4, 2025 0
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued a directive compelling oil exploration…
Business

Insurers given six months to perfect annuity irregularities

Feb 4, 2025 0
The National Insurance Commission (NAICOM) has given life insurance operators six months to fully comply with new…
Business

OPEC to monitor oil production compliance as Nigeria eyes 2.7mbpd

Feb 4, 2025 0
Nigeria has set an ambitious goal to increase its oil production to 2.7 million barrels per day (bpd) by 2027,…
Business

Meta says it may stop development of AI systems it deems too risky

Feb 4, 2025 0
Meta’s CEO, Mark Zuckerberg, has committed to one day making artificial general intelligence (AGI) accessible to…
Business

Telecom tariff hike: NLC suspends planned nationwide protest

Feb 4, 2025 0
The Nigeria Labour Congress (NLC) has suspended its planned nationwide protest, which was set for February 4,…
Business

Africa’s Climate Crisis: A Struggle It Didn’t Cause but Can’t Escape

Feb 4, 2025 0
Despite contributing just 4% of global carbon emissions, Africa faces the worst consequences of climate change.…
Business

FG Clarifies Position on Electricity Tariff Hike, Says N200bn Paid on Subsidy…

Feb 4, 2025 0
The Federal Government has denied reports suggesting a 65% increase in electricity tariffs, calling them a…
Business

EU to Disburse €150bn to Nigeria, Africa Under Global Gateway Initiative

Feb 4, 2025 0
The European Union (EU), through its Global Gateway initiative, has committed €150 billion to be disbursed by 2027…
Business

Nigeria’s business confidence rises as PMI hits 52.0 in January 2025 

Feb 4, 2025 0
Nigerian businesses have shown resilience in the face of economic challenges, as reflected by the Stanbic IBTC…
Business

Naira appreciates to N1,605/$1 in parallel market on Monday

Feb 4, 2025 0
The Nigerian naira showed a significant recovery in the parallel market on Monday, appreciating by N5 against the…
Business

CBN: Banking stocks surge 9.8% m/m as DMBs ramp up capital raising efforts

Feb 4, 2025 0
The Nigerian banking sector has seen a remarkable 9.8% month-on-month surge in banking stocks, driven by the…
investment

AVA unveils money market fund

Feb 4, 2025 0
AVA Global Asset Managers Limited (AVA GAM) has launched its Money Market Fund, which has been approved by the…
Business

Stock Market Gains N83bn on Demand for MTN, 20 Others

Feb 4, 2025 0
The Nigerian Exchange Limited (NGX) opened the new week with a positive market performance, recording an N83…
Business

CBN Reaffirms Commitment to Empower Nigerian Youth Through Credit Policies and…

Feb 4, 2025 0
The Central Bank of Nigeria (CBN) has reaffirmed its dedication to empowering Nigerian youth by enhancing credit…
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NIGERIA

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World

UN Warns Trump Against Iran Strikes as Deadline Nears:…

Apr 7, 2026

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