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Nigeria’s Rate Cut Narrows Carry-Trade Advantage as Ghana Offers Wider Real Return
Nigeria’s latest interest-rate cut has changed the dynamics of the West African investment landscape, with…
FG Raises N6.69 Billion From September Savings Bond at 15.12%
The Federal Government of Nigeria has raised N6.69 billion through its September 2026 Savings…
FG to Deploy 300 Containers of Power Equipment to Upgrade Nigeria’s Transmission…
The Federal Government is set to deploy more than 300 containers of critical power equipment to strengthen…
Domestic Investors Take 90% of NGX Trading Activity as Foreign Participation Falls
Domestic investors are tightening their grip on Nigeria’s equities market, accounting for 89.8 per cent of…
Nigeria’s FX Supply Rises 20.5% to $8.94bn in 2025 as Dollar Liquidity Improves
Nigeria’s foreign exchange supply rose significantly in 2025, reaching $8.94bn, up 20.5 per cent from the…
Naira Faces Depreciation Pressure as CBN Slashes Interest Rate to 23% — Rewane
The naira could come under renewed depreciation pressure following the Central Bank of Nigeria’s (CBN)…
NSIA, Africa50 launch $300m Nigeria DRE Fund to accelerate renewable energy…
The Nigeria Sovereign Investment Authority (NSIA), Africa50 and Sustainable Energy for All (SEforALL) have…
Congo Turns to Nigeria’s Local Content Model to Boost Indigenous Oil Companies
The Republic of Congo is looking to Nigeria’s local content model to strengthen indigenous participation and help…
ChatGPT Dominates AI Chatbot Market With 79.4% Global Share, Gemini Gains Ground
ChatGPT continues to dominate the global artificial intelligence chatbot market, accounting for 79.4 per…
IHS Nigeria Pushes for More Sustainable Telecom Infrastructure as Industry…
IHS Nigeria has renewed its commitment to building a more sustainable, resilient and inclusive…
67.4% of Nigerians Back Petrol Subsidy Return as Fuel Prices Dominate Public…
A new survey by SBM Intelligence has revealed that 67.4 per cent of Nigerians surveyed want the Federal…
World Bank Urges Nigeria to Build Digital Data Platforms for AI-Powered…
The World Bank has called on Nigeria and other African countries to develop national agricultural data platforms…
Oil Prices Fall as Trump Signals Progress in US-Iran Talks
Oil prices fell on Wednesday as investors reacted to signs of possible diplomatic progress between the…
Dangote, marketers slash petrol prices as crude oil falls below $100
The Dangote Petroleum Refinery and other petroleum marketers have reduced their depot prices for Premium…
Airtel Money Set for London IPO as Fintech Business Reaches 53 Million Users
Airtel Money is preparing to take a major step in its expansion journey with plans to list its shares on the…
Edible Oil Tanker Drivers Suspend Strike After FG, DSS Intervention
Nigeria’s edible oil tanker drivers have suspended their planned industrial action, averting a potential…
Digital Invoicing Must Unlock Affordable Working Capital for Nigerian SMEs,…
Nigeria’s Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, has called for the country’s National…
Dangote Plans 2028 IPO for Fertiliser Business as Group Deepens NGX Presence
President of Dangote Industries Limited, Aliko Dangote, has announced plans to list the group’s fertiliser…
CBN Cuts Interest Rate to 23% as Inflation Eases, Lowest Level Since February 2024
The Central Bank of Nigeria (CBN) has reduced its Monetary Policy Rate (MPR) to 23 percent, marking the first…
Nigeria’s Foreign Reserves Hit $55 Billion, Highest Level in Over 18 Years
Nigeria’s foreign reserves have crossed the $55 billion mark, reaching their highest level in more than 18…
CBN’s 350bps Rate Cut Could Spur Economic Growth, Raise FX Pressure Risks
The Central Bank of Nigeria (CBN) has taken a major step toward supporting economic growth, cutting its…
Cash Outside Banks Rises to N4.87 Trillion in August After Three-Month Decline
Cash outside banks in Nigeria rose to N4.87 trillion in August 2026, reversing a three-month downward trend,…
NGX Chief Popoola Says Africa’s Next Capital Market Opportunity Lies in Unlocking…
Africa’s capital markets could be entering a new phase as the focus shifts from relying heavily on foreign…
Strait of Hormuz Shipping Traffic Plunges as Saudi Arabia Boosts Oil Exports
Shipping activity through the Strait of Hormuz has fallen sharply, highlighting growing pressure on one of the…
Pertamina Eyes Nigeria’s 2026 Oil Licensing Round as Investment Interest Grows
Indonesia’s state-owned energy company, Pertamina, is exploring investment opportunities in…
Dangote Expands Refinery, Acquires 4,000 Machines to Raise Capacity to 1.4 Million…
Dangote Industries Limited has stepped up plans to expand its Lekki refinery in Lagos, acquiring an…
NMDPRA Says It Does Not Fix Petrol Prices as Pump Prices Rise to N1,450
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has clarified that it…
Dangote IPO Could Transform Nigeria’s Capital Market as Millions Gain Access to…
The Dangote IPO Nigeria is emerging as more than a landmark share sale for Africa’s biggest refinery. The…
CPPE Raises Alarm Over Growing Presence of Foreign Traders in Nigeria’s Retail…
The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns over the growing…
Brent Crude Falls to $101.71 as US-Iran Diplomacy Hopes Weigh on Oil Prices
Oil prices started the week lower as investors reacted to growing hopes of renewed diplomatic talks…