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CBN Approves 82 BDC Licenses: Forex Traders Expect More Approvals Soon
Retail forex traders in Nigeria, known as Bureau De Change (BDC) operators, are optimistic that the Central Bank of…
Dangote Petrol Price War: How Nigeria’s Fuel Market Faces a Brutal Downstream…
Nigeria’s downstream petroleum sector is in the grip of a fierce price war following Dangote Petroleum Refinery’s…
Idle NNPC Refineries Drive Nigeria’s Petrol Imports Despite Dangote Output
Nigeria’s dependence on imported petrol deepened in November as marketers blamed the continued dormancy of…
European markets open lower as investors await key central bank decisions
European stock markets are set to open lower on Tuesday, giving back early-week gains as investors brace for a…
Nigeria Inflation Eases to 14.45% as OPS Calls for MSME Credit Support
Nigeria’s headline inflation rate declined to 14.45 per cent in November 2025, marking a further easing in consumer…
NGX Gains ₦3bn as Cautious Trading Reflects Investor Selectivity
The Nigerian equities market closed the first weekday of trading on a modest positive note, with the Nigerian…
FG Set to Forfeit N1.4 Trillion in 2026 Through 5% Corporate Tax Cut to Boost…
The Federal Government of Nigeria is set to give up approximately N1.4 trillion in revenue in 2026 by reducing the…
99% of Nigerian Stock Market Investors Exempt from Capital Gains Tax, Says FG
The Federal Government has assured Nigerian investors that the vast majority of participants in the stock market…
Nigerian Stock Market Gains N1.5 Trillion as MTN, Breweries, and Dangote Sugar…
The Nigerian stock market recorded a strong rebound last week, with investors gaining over N1.5 trillion as trading…
Nigeria’s Telecom Sector Achieves 5.78% Growth in Q3 2025 Amid Economic Challenges
Nigeria’s telecommunications industry posted a real growth rate of 5.78% in the third quarter of 2025, according to…
European Markets Rise Ahead of Busy Central Bank Week
European markets started the week on a positive note as investors prepared for a series of key central bank…
BUA Rewards 510 Employees with N30 Billion at 2025 Night of Excellence
BUA Group has recognized the dedication and loyalty of its workforce by awarding N30 billion to 510 employees…
Champion Breweries Rights Issue: Brewer Opens ₦16bn Capital Raise to Fund Bullet…
Champion Breweries Plc has officially opened a ₦16 billion Rights Issue of ordinary shares, priced at ₦16 per…
NGX Adds N1.54 Trillion as Stock Market Rallies 1.63% on Investor Confidence
Nigeria’s equities market ended last week on a strong note, with investors gaining N1.54 trillion as the benchmark…
Petrol Price War Escalates as Dangote Accuses NMDPRA Chief of $5m School Fees…
Nigeria’s intensifying petrol price war took a dramatic turn on Sunday as Aliko Dangote, President of the Dangote…
Dangote Sets New Petrol Pump Price at ₦739 per Litre, Targets Nationwide Cut
The Dangote Petroleum Refinery has announced a new petrol pump price of ₦739 per litre, a move expected to bring…
E-Invoicing in Nigeria: Is FIRS Revolutionizing Real-Time Tax Monitoring?
Nigeria is taking a bold step in modernizing tax administration with the introduction of e-invoicing through the…
Nigeria’s Fuel Import Bill Hits N1.28 Trillion in Q3 2025 Amid Rising Domestic…
Nigeria spent a staggering N1.28 trillion on fuel imports in the third quarter of 2025, according to data released…
Nigeria Issues First Gas Trading Licence to Boost Market Transparency and…
Nigeria has taken a major step to modernize its domestic gas market by issuing the country’s first Gas Trading…
Expansion of Asset Classes in ISA 2025 Set to Boost Nigerian Capital Market, Says…
The Central Securities Clearing System (CSCS) Plc has hailed the recent expansion of recognised asset classes under…
BERGER Paints, JAPAULGOLD Lead Gains as Nigerian All-Share Index Rebounds to N94…
The Nigerian All-Share Index (ASI) surged on December 11, 2025, closing at 147,950.59 points, a gain of 1,088.58…
MTN Leads Market Rally as Nigerian Stocks Gain N694 Billion
Equities on the Nigerian Stock Exchange rebounded strongly yesterday, led by gains in MTN Nigeria Communications…
Nigerian Equity Market Rebounds with N694 Billion Gain as Investors Return
The Nigerian equity market staged a strong rebound on Thursday, recovering N694 billion after a week of losses as…
Naira Holds Steady at N1,950/£1 as British Pound Faces Economic Pressure
The Nigerian naira has shown resilience against the British pound, trading at N1,950/£1 in the official market.…
CBN Tightens Oversight as Nigerian Banks Boost Capital to Strengthen Financial…
Nigerian banks are stepping up their capital base as the Central Bank of Nigeria (CBN) enforces stricter oversight…
AI Key to Unlocking Africa’s $3.4tn AfCFTA Market, Experts Say
Artificial intelligence (AI) is set to be the driving force behind the African Continental Free Trade Area…
Nigeria’s Trade Surplus Hits N6.69tn in Q3 2025 as Exports Outpace Imports
Nigeria posted a trade surplus of N6.69 trillion in the third quarter of 2025, reflecting a 27.29% year-on-year…
European Markets Rise as Swiss Central Bank Holds Rates at 0% Amid Cooling…
European stocks closed higher on Thursday as investors weighed the U.S. Federal Reserve’s latest rate cut and the…
Nigeria’s Oil Output Rises by 35,000 bpd in November as Production Recovery…
Nigeria recorded one of its strongest month-on-month production boosts in 2025, as crude output climbed to 1.436…
Reps Push Major Reforms to Strengthen Transparency and Oversight at CBN
The House of Representatives has begun formal steps to overhaul the Central Bank of Nigeria (CBN) Act, seeking…