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US Financial Stocks Drop as Trump Proposes Credit Card Interest Rate Cap
U.S. financial stocks fell sharply in early trading on Monday after President Donald Trump proposed a one-year cap…
Oyedele Defends Nigeria’s New Tax Laws Against KPMG Critique
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has strongly rebutted…
Petrol Price War Escalates: Retailers Drop Prices Below Dangote’s N739/Litre…
The ongoing petrol price war in Nigeria has taken a sharper turn, with several retail outlets now selling Premium…
Dangote Refinery Boosts Local Supply, Reduces Nigeria’s Reliance on Petrol Imports
Nigeria’s petrol market is witnessing a major shift as Dangote Refinery and Petrochemical now reportedly meet…
Nigerian Stock Market Set to Maintain Upward Trend Amid High Investor Confidence
The Nigerian stock market is showing strong signs of resilience as it enters the new week, with analysts predicting…
2026 Budget: 2 Federal Ministries Allocate N209.9bn For Computer Software,…
The Federal Ministry of Finance and the Ministry of Budget and Economic Planning have earmarked a combined N209.9…
FirstHoldCo Strengthens Non-Bank Subsidiaries with Key Board Appointments
FirstHoldCo Plc has announced a series of strategic board appointments across its non-commercial banking…
How Nigerian Manufacturers Can Maximize Profits with New 2026 Tax Laws
Nigerian manufacturers are poised for a major boost in 2026 thanks to the implementation of the Nigeria Tax Act…
Banks Slash Loans to Manufacturers and Traders by N2.1 Trillion in H1 2025
Nigeria’s banks have cut loans to manufacturers and traders by N2.1 trillion in the first six months of 2025,…
Nigeria’s Securities Firms Call for Collaborative Regulation and Faster Dispute…
Nigeria’s securities market operators are advocating for a new regulatory approach that emphasizes collaboration…
Nigerian Equities Rally by N3.84 Trillion as Investor Confidence Surges
Nigerian equities recorded a strong rebound last week, gaining N3.84 trillion in market value as renewed buying…
CBN FX Sales Hit $654m in December as Nigeria’s Foreign Exchange Inflows Rebound
Foreign exchange inflows into Nigeria’s FX market rebounded sharply in December, supported largely by…
Fitch Forecasts Stable Investment Mix for Life Insurers in 2026 Despite Rising…
Fitch Ratings has projected that the investment portfolio mix of life insurance companies will remain largely…
Nigeria’s Oil Regulators Renew Cooperation to Boost Investment and Industry Growth
Nigeria’s top oil regulators have renewed their commitment to strengthen collaboration, aiming to drive investment…
Retailers Call for Stronger Naira-for-Crude Policy in 2026 to Stabilize Fuel…
Petroleum products retailers are urging the Federal Government and industry regulators to strengthen the…
Nigeria’s Oil and Gas Sector Records Mixed Performance in 2025 Amid Production…
Nigeria’s oil and gas industry ended 2025 with a mixed performance, showing gains in upstream activity and gas…
Heirs Technologies Accredited by NRS to Help Nigerian Businesses Achieve…
Heirs Technologies, a leading African tech services company and subsidiary of Heirs Holdings, has received official…
New Tax Laws Aim to Stabilize Nigeria’s Economy, Says Joseph Tegbe
Nigeria may be on the verge of a major fiscal turnaround as new tax laws, effective January 1, 2026, seek to…
FG Allocates N1.7tn in 2026 Budget to Settle Outstanding Contractor Debts
The Federal Government has earmarked N1.7 trillion in the 2026 Appropriation Bill to settle outstanding payments…
FG Reviews Tariffs to Boost Industrial Growth and Lower Production Costs
The Federal Government of Nigeria has announced a review of the country’s tariff framework in a bid to strengthen…
European Markets Rise Amid Mining Deals and Greenland Tensions
European markets opened in positive territory on Friday, with the pan-European Stoxx 600 climbing 0.37% by early…
FG Raises N1.1 Trillion in First 2026 Treasury Bills Auction Amid Strong Investor…
Nigeria’s Debt Management Office (DMO) successfully raised N1.144 trillion at its first Treasury Bills auction of…
Champion Breweries Launches N42 Billion Public Offer to Acquire Bullet Brand
Champion Breweries Plc has officially launched a N42 billion Public Offer of ordinary shares priced at N16 each to…
UBA Surpasses N500bn Capital Milestone Following Successful Rights Issue
The United Bank for Africa (UBA) has officially surpassed the N500 billion capital threshold set by the Central…
Nigeria’s Current Account Set to Hit $18.81 Billion in 2026, Says President Tinubu
President Bola Tinubu has projected that Nigeria’s current account balance will climb to $18.81 billion in 2026, up…
Tinubu Celebrates Nigerian Exchange’s Historic N100 Trillion Market Capitalisation
President Bola Tinubu has praised the Nigerian Exchange Group (NGX) for surpassing the historic N100 trillion…
Selective Buying Boosts Nigerian Stock Market by N137 Billion Amid Key Gains
The Nigerian stock market continued its upward momentum on Tuesday, recording a gain of N137 billion as investors…
OpenAI Acquires Convogo Team to Boost AI Cloud Expertise
OpenAI has kicked off 2026 with another strategic acqui-hire, bringing the team behind executive coaching platform…
Oil Prices Rebound as Venezuela Developments Ease Market Jitters
Global oil prices climbed on Thursday, snapping a two-day losing streak as investors shifted focus to…
UK Investors Drive 65% of Nigeria’s Foreign Capital Inflows in 2025
Nigeria attracted about 65 per cent of its foreign capital inflows from investors in the United Kingdom over the…