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FAAC Deductions Consume 41% of N84tn Revenue in Three Years, Shrinking Nigeria’s…
Nigeria’s rising federation revenue has come with a hidden cost. Although total earnings hit about…
Nigeria’s silent currency redenomination
Nigeria is undergoing what economists describe as a “silent currency redenomination,” not through…
CBN Proposes Mandatory Mediation Panel for Loan Disputes Before Court Action in…
The Central Bank of Nigeria (CBN) has introduced a new proposal that could significantly change how lending…
Dangote Refinery Helpful, Importation Still Necessary –PETROAN
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has described the…
Nigeria-Morocco $25bn Gas Pipeline Deal Set for Signing as Landmark Africa Energy…
Nigeria and Morocco are moving closer to sealing a major energy agreement as both countries prepare to sign a $25…
NNPC Records N15.4 Trillion Revenue Growth in 2025 as Profit Hits N5.76 Trillion…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has recorded a major financial breakthrough in 2025,…
Inflation Risks, Liquidity Spur Mixed Signals in Fixed Income Market
In Nigeria, the fixed income market delivered a mixed performance in March 2026, as investors weighed easing…
CSCS Unveils Joint Account Feature to Boost Collaborative Investing in Nigeria
The Central Securities Clearing System has introduced a new set of investor-focused services, headlined by a Joint…
Ghana Economic Recovery Showcased at IMF Spring Meetings 2026 as Ato Forson…
Ghana has placed its economic recovery story on the global stage at the ongoing IMF and World Bank Spring…
Seplat, Stanbic, Lafarge Drive N883bn Nigerian Stock Market Rally as NGX Hits New…
The Nigerian Exchange (NGX) extended its bullish momentum on Tuesday as investor confidence pushed the market to a…
Naira Strengthens to N1,348/$ as U.S. Dollar Slips to Six-Week Low Amid Global…
The naira appreciated to N1,348 per dollar on Tuesday in the official foreign exchange market, marking a mild but…
Nigeria Public Debt Rises to N159.28 Trillion in 2025 as Domestic Borrowing Drives…
Nigeria’s total public debt climbed to N159.28 trillion as of December 31, 2025, according to fresh data released…
European Stocks Mixed as Iran Conflict Uncertainty Weighs on Markets and Luxury…
European equities opened in mixed territory on Wednesday as investors weighed rising geopolitical uncertainty…
IMF Cuts Nigeria’s 2026 Growth Forecast to 4.1% as Oil Gains Fail to Offset Global…
Nigeria’s economic outlook has taken a cautious turn as the International Monetary Fund (IMF) reduced the country’s…
Nigeria Revenue Service Urged to Leverage Technology for Sustained Revenue Growth…
The Nigeria Revenue Service (NRS) has been urged to embrace technology and strengthen institutional efficiency to…
Nigeria Urged to Maximise $11.3m AfDB Renewable Energy Fund Through Mini-Grids and…
Nigeria has been advised to take full advantage of the $11.3 million African Development Bank (AfDB) renewable…
Nigeria Crude Oil Production Hits 1.84 Million Barrels Per Day as Output Recovery…
Nigeria’s crude oil production has recorded a significant rebound, reaching a peak of 1.84 million barrels…
Power Subsidy Hits N418.79bn as Nigeria’s Electricity Sector Records Over N300bn…
Nigeria’s electricity sector faced mounting financial pressure in the fourth quarter of 2025, as the Federal…
Tinubu 2026 Budget Signing: President Set to Approve ₦68.323 Trillion Nigeria…
President Bola Tinubu is expected to sign the ₦68.323 trillion 2026 national budget at any moment after it was…
FG Moves for Cheaper Funding as Global Tensions Push Inflation, Oil Prices Higher
The Federal Government has announced plans to pursue cheaper funding and stronger international financial support…
NGX Market Capitalisation Hits N131.6tn as 31 Stocks Drive Gains in Bullish…
The Nigerian equities market opened the week on a positive note as renewed buying interest in medium and large-cap…
NGX Market Capitalisation Rises by N443 Billion as 31 Stocks Drive Broad Market…
The Nigerian stock market opened the week on a positive note as the Nigerian Exchange Limited (NGX) recorded a…
Africa’s FDI Stuck at 4–6% Despite Global Investment Surge, New Report Warns
Africa’s share of global foreign direct investment (FDI) has remained trapped between 4% and 6%, according to a new…
Edun Pushes for Lower Borrowing Costs at IMF and World Bank Meetings Amid Rising…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, is heading into the 2026 Spring…
NGX All-Share Index Crosses 204,000 as Nigerian Stock Market Hits Record High…
The Nigerian stock market opened the week on a positive note as the NGX All-Share Index rose to 204,458.9 points on…
Nigeria Crude Oil Production Rises to 1.38mbpd in March 2026 as OPEC Reports…
Nigeria’s crude oil production recorded a slight improvement in March 2026, rising to 1.38 million barrels per day…
Nigeria FX Reserves May Fall to $47bn in 2026 Despite Economic Reforms – Fitch…
Nigeria’s foreign exchange reserves are projected to decline to about $47 billion by the end of 2026, according to…
Global Smartphone Shipments Fall 6% in Q1 2026 Amid AI Chip Demand and Middle East…
Global smartphone shipments fell by 6 percent year-on-year in the first quarter of 2026, marking one of the…
UAE and India Lead Ghana Exports in 2025 as Trade Concentration Deepens
Ghana’s export earnings in 2025 were heavily dominated by a small group of international partners, with the United…
Asia Markets Rise on U.S.-Iran Deal Hopes as China Export Growth Slows
Asia-Pacific markets closed mostly higher on Tuesday as investors held onto cautious optimism that a diplomatic…