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Nigeria–UAE Defence Technology Pact to Attract $200m Investment Boost
Nigeria is set to attract up to $200m in fresh investment following a landmark defence technology agreement between…
Nigeria Food Inflation Rises to 12.12% as Soaring Input Costs Hit Households
Nigeria’s food inflation climbed to 12.12 percent in February 2026, marking a sharp return to double-digit levels…
NGX Market Capitalisation Rises by N923 Billion as YTD Return Hits 27.5%
Bargain hunting in several blue-chip stocks propelled the Nigerian Exchange Limited (NGX) to a week of strong…
Nigeria Must Halt Petrol Imports to Protect Forex Reserves, Energy Group Warns
An energy policy group has called on President Bola Ahmed Tinubu to pause newly approved petrol import permits,…
Tinubu Launches Petroleum Reform Taskforce to Unlock $10 Billion Sector Value
President Bola Ahmed Tinubu has officially inaugurated the Presidential Petroleum Reform and Value Optimisation…
NUPRC Enforces “Drill or Drop” Rule, Boosting Investor Confidence in Nigeria’s…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially ended the era of oil companies holding…
Fintech Association Backs CBN Banking Reforms to Strengthen Security and Trust
The FinTech Association of Nigeria has voiced strong support for recent banking reforms introduced by the Central…
Nigeria’s New Tax Reforms to Ease Burden on Workers and Small Businesses
Nigeria’s latest tax reforms are set to bring relief to workers and small businesses, according to Joseph Tegbe,…
Nigerian Exchange Market Capitalisation Hits N127.36 Trillion on Weekly Gains
The Nigerian Exchange market capitalisation soared to N127.36 trillion as the week ended on a strong note,…
BUA Cement Stock Surges 51% in 2026 as Investors Bet on Strong Growth
BUA Cement Plc’s shares have kicked off 2026 on a high note, climbing to N270 from N178.50 at the end of 2025, a…
Nigerian Stocks Surge: NGX All-Share Index Hits Record 198,407 Points
The Nigerian Exchange (NGX) closed the week ended March 13, 2026, on a high note, with the All-Share Index (ASI)…
Nigerian Breweries Invests 29% in Ogun rPET Recycling Facility to Boost…
Nigerian Breweries Plc has taken a significant step toward sustainability by acquiring a 29% stake in a new…
Nigeria Moves to Boost Stock Market Liquidity by Unlocking Tightly Held Shares
Nigerian regulators are stepping up efforts to boost liquidity in the country’s equity market by reviewing rules…
Nigeria’s Inflation Expected to Slow in February as Food Supply Improves –…
Analysts at Financial Derivatives Company (FDC) have projected a further slowdown in Nigeria’s inflation in…
Cash Outside Banks Drops by N198bn as Nigeria’s Money Supply Dips in January 2026
Nigeria saw a significant reduction in cash held outside the banking system in January 2026, with N197.68bn…
Nigerian Stocks Near Bubble Territory: Investors Urged to Exercise Caution
Nigerian stocks are riding a wave of unprecedented momentum, with equities up roughly 27.5% year-to-date following…
Nigerian Stock Market Sees N164bn Traded in Five Days Amid 10% Decline
Investors on the Nigerian stock market traded a total of 3.32 billion shares worth N164.84 billion over five days,…
Brent crude tops $105 as Iran conflict heightens global oil supply fears
Global oil prices surged on Monday as tensions in the Middle East intensified, pushing Brent crude above $105 per…
Mixed Auction Results Weigh on Nigeria’s Fixed-Income Market as Investors Remain…
Nigeria’s fixed-income market faced a difficult week as mixed auction results and cautious investor sentiment…
Oil Prices Surge Past $100 Amid Gulf Crisis: Brent Closes at $99
Oil prices experienced wild swings on Thursday as geopolitical tensions in the Gulf sent shockwaves through global…
Oil Prices Soar Above $100 Amid Middle East Crisis, Millions Displaced in Iran
Oil prices have rebounded above $100 per barrel as the U.S.-Israel war on Iran enters its second week, fueling…
Top Money Market Mutual Funds in Nigeria by YTD Yields – February 2026
Nigeria’s mutual fund industry continues its steady growth as investors seek structured investment options that…
NGX Group, CSCS, WIMBIZ Champion Women’s Empowerment Through Capital Markets
Nigerian Exchange Group Plc (NGX Group), in partnership with Central Securities Clearing System Plc (CSCS) and…
Petrol Price Hikes in Nigeria Hit Poor Families Hardest, Says Agora Think-Tank
Rising petrol prices and electricity tariffs in Nigeria are disproportionately affecting the country’s poorest, a…
Petroleum Subsidies and FX Distortions Cost Nigeria 6% of GDP – CBN Reveals…
Nigeria’s economy narrowly avoided a collapse as years of mismanaged petroleum subsidies and foreign exchange…
FG Cuts Domestic Debt Service by 38% in January 2026, Signaling Stronger Fiscal…
The Federal Government (FG) of Nigeria has significantly reduced its domestic debt service payments, spending…
Nigeria’s Treasury Bills Auction Hits N2.78 Trillion Subscriptions, Oversubscribes…
Nigeria’s latest Treasury Bills (T-Bills) Primary Market Auction, conducted by the Central Bank of Nigeria (CBN) on…
SEC Includes GoldBod in Ghana’s Virtual Asset Regulatory Sandbox to Pilot…
The Securities and Exchange Commission (SEC) of Ghana has clarified the inclusion of the Ghana Gold Board (GoldBod)…
CBN-Led Bank Recapitalisation Boosts Nigeria’s Path to a $1 Trillion Economy
The Central Bank of Nigeria (CBN) is nearing the completion of a landmark bank recapitalisation exercise set to…
Nigeria’s Economy Resilient Amid US-Iran Tensions, Says CBN Governor
Nigeria’s economy is poised to withstand potential shocks from escalating tensions in the Middle East, according to…