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Indigenous Oil Firms Dominate Nigeria’s Production After 70 Years of Foreign…
For the first time in seven decades, Nigerian indigenous oil companies have overtaken international giants in…
Nigeria PMI Falls Below 50 in January as New Orders Stall
Nigeria’s private sector started 2026 on a cautious note, with the latest Stanbic IBTC Bank Nigeria Purchasing…
Nigerian Stocks Surge as Police, Market Leaders Unite to Boost Investor Confidence
Nigerian stocks surged on Wednesday, posting the strongest single-day gains in recent weeks, as investors reacted…
Naira Strengthens to N1,359/$ Amid Improved Market Confidence
Nigeria’s naira recorded a modest appreciation in mid-week trading, closing at N1,359 per US dollar at the official…
Dollar Recovers Ahead of ECB and BoE Rate Decisions
The U.S. dollar regained some footing in early Asian trading on Thursday as investors positioned ahead of closely…
Nigeria Adds 10.3 Million New Phone Users as Teledensity Rises to 82.8%
Nigeria’s telecommunications sector recorded significant growth in 2025, with about 10.3 million telephone users…
CBN Reforms and Rising Oil Prices Boost Nigeria’s FX Outlook
Nigeria’s foreign exchange environment is showing signs of a sustained recovery as reforms by the Central Bank of…
NNPC Targets Foreign Refinery Partners as Dangote Refinery Offers Lifeline
Nigeria’s long-troubled state-owned refineries may be heading for a fresh start as the Nigerian National Petroleum…
International Breweries Returns to Profitability with N85.1bn Full-Year Profit in…
International Breweries Plc has completed a strong financial comeback, reporting a profit before tax of N85.1…
11 Million New Contributors Drive N4.5trn Pension Growth as Assets Hit N27.45trn
Nigeria’s pension industry recorded one of its strongest performances in 2025, with assets under management rising…
Africa Energy Bank to Mobilise $10bn Funding for Nigeria, Angola, Libya
Africa is set for a major boost in oil and gas investment as the newly established African Energy Bank (AEB)…
Nigeria Targets $100 Billion Annual Investments in Agribusiness to Drive Economic…
The Nigerian government has announced ambitious plans to attract $100 billion in annual private investments into…
UBA Appoints Loknath Mishra as CEO of UK Subsidiary to Strengthen Africa-Global…
United Bank for Africa (UBA) has named Loknath Mishra as the new Chief Executive Officer of its United Kingdom…
Banking Stocks Boost NGX Market Cap by ₦340bn as Industrial Shares Rally
The Nigerian Exchange (NGX) recorded a significant boost on Tuesday as banking stocks and select industrial…
Jaiz Bank Earnings Surge to N31.04bn on Strong Financing and Investment Growth
Jaiz Bank Plc has reported a significant rise in its earnings, posting a profit of N31.04bn for the 2025 financial…
Transcorp Hotels Reports N32.8 Billion Profit in FY2025, Declares N1.20 Final…
Transcorp Hotels Plc has announced a strong finish to 2025, posting a full-year pretax profit of N32.8 billion,…
Tinubu Pledges Continuation of Nigeria Economic Reforms as World Bank Applauds…
President Bola Ahmed Tinubu has reiterated that there is “no turning back” on Nigeria’s economic reform agenda,…
Nigeria to Power Africa’s Growth Through Gas: NNPC Unveils $60bn Investment Plan
Nigeria is positioning itself as a key driver of Africa’s economic and industrial future by leveraging its abundant…
Tinubu: Reforms Drive $8bn FIDs and $10bn Capital Inflows in Nigeria’s Oil &…
President Bola Tinubu has hailed recent reforms in Nigeria’s oil and gas sector as transformative, saying they have…
New Tax Reforms Set to Boost Nigeria’s Global GDP Share, Says Abdullahi Hashim
Nigeria’s recent tax reforms are positioning the country as a rising contributor to the global economy, with the…
Nigeria Targets 7% Economic Growth by 2028 Through Structural Reforms, Says…
Nigeria is positioning itself for stronger economic growth, with the Federal Government targeting a 7% expansion of…
Epstein wanted to trade in Nigeria’s crude oil, but feared being defrauded
Newly released FBI documents reveal that Jeffrey Epstein, the disgraced financier, explored a business deal to…
TotalEnergies 2025 Results Raise Dividend Fears After First Loss in Six Years
TotalEnergies Marketing Nigeria Plc recorded its first major financial setback in six years in 2025, posting a…
Nigeria to Partner Global Allies on Clean Energy Transition — Tinubu
President Bola Tinubu has reaffirmed Nigeria’s commitment to working with African countries, global allies, and the…
Government Securities Now Make Up 11% of Nigerian Banks’ Assets — S&P Warns…
Government securities now account for about 11 per cent of Nigerian banks’ total assets, highlighting years of…
Nigeria Secures $18.2bn Oil Investments as 28 Field Development Plans Signal…
Nigeria recorded a major turnaround in its oil and gas sector in 2025, securing $18.2bn in fresh investments…
How CBN Reforms Lifted Nigeria from EU High-Risk Financial List
For over a decade, Nigeria bore a costly global label as a “high-risk” country for money laundering and terrorism…
NESG Appoints Transcorp CEO and Shell Executive to Strengthen Private-Sector…
The Nigerian Economic Summit Group (NESG) has named two leading figures from the energy and corporate sectors to…
Nigerians Warned of Epileptic Petrol Supply as Costs and Bank Debts Mount
Independent petrol marketers in Nigeria have cautioned that motorists may soon face an era of irregular or…
Dangote Group Expands Gas Supply Deals with NNPC Subsidiaries to Boost Industrial…
Three key subsidiaries of Dangote Industries Limited—Dangote Petroleum Refinery, Dangote Fertiliser Plant, and…