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Dangote Refinery Receives Second Ghana Crude Shipment as Maintenance Cuts Intake
The Dangote Petroleum Refinery has received its second crude oil shipment from Ghana, strengthening its shift…
Non-Interest Banking in Ghana: BoG Requires 60% Foreign Currency Capital for…
The Bank of Ghana (BoG) has unveiled a new regulatory framework aimed at tightening oversight of the country’s…
FCMB Asset Management Upgraded to A(IM) Rating by Agusto & Co., Strengthening…
FCMB Asset Management Limited (FCMBAM), the asset management arm of FCMB Group Plc, has received a significant…
FG Captures N4tn Power Sector Bond in MTEF to Boost Investor Confidence
The Federal Government has announced that the newly launched N4tn power sector liquidity bond, designed to settle…
Modern Infrastructure Key to Nigeria’s AI Leadership, Says Schneider Electric
Schneider Electric has emphasized that the next era of global artificial intelligence (AI) leadership will be…
Pension Fund Assets Rise to N26.66 Trillion as PenCom Cracks Down on Defaulters
Nigeria’s total pension fund assets under the Contributory Pension Scheme (CPS) increased by 2.2% month-on-month to…
Dangote Refinery Boosts Petrol Supply by 38% Amid Rising Imports
Nigeria’s domestic petrol supply saw a significant boost in November 2025, with the Dangote Refinery contributing…
Bank of Ghana Urges Fintechs to Strengthen Compliance, Consumer Protection, and…
The Bank of Ghana (BoG) has called on fintech companies, mobile money operators, and financial institutions to…
Nigerian Stock Market Dips 0.05% as JAPAULGOLD and Mid-Cap Stocks Rally
The Nigerian stock market closed slightly lower on December 10, 2025, with the All-Share Index (ASI) dipping 0.05%…
Nigeria’s Petrol Consumption Drops to 52.9 Million Litres in November Amid Rising…
Nigeria’s petrol consumption declined to 52.9 million litres per day in November, signaling a slight slowdown in…
Nigeria and China Strengthen Agricultural Partnership with $200M Poultry Project
Nigeria is taking a major step toward transforming its agricultural sector as a high-level delegation led by Kaduna…
Nigeria, France Seal Tax Administration Deal to Power Digital Reforms Ahead of…
Nigeria has taken another major step toward modernising its tax system as the Federal Government signed a…
CBN Caps Cash Payments for PTA/BTA at 25% Under New Forex Rules
The Central Bank of Nigeria (CBN) has announced a new policy limiting cash payouts for Personal Travel Allowance…
European Markets Struggle to Gain Momentum as Fed Rate Cut Fails to Lift Global…
European markets are poised for a muted open on Thursday as investors sift through the U.S. Federal Reserve’s…
Nigeria Sees Petrol Import Surge as NNPC Leads 1.56bn-Litre Supply Rebound in…
Nigeria’s petrol supply landscape shifted sharply in November as the Nigerian National Petroleum Company Limited…
CBN Revokes Licences of Non-Compliant BDCs After New Rules Deadline
The Central Bank of Nigeria has formally revoked the licences of all legacy Bureau De Change operators that failed…
NGX Lists Chams HoldCo’s N3.66bn Shares to Boost Digital Payment Expansion
The Nigerian Exchange Limited (NGX) has officially admitted 1.955 billion ordinary shares of Chams Holding Company…
FG, SEC, NGX Group Align on Capital Gains Tax Reform for Market-Friendly Rollout
The Federal Government (FG) has taken a significant step toward a more predictable and market-friendly…
PenCom Recovers N32 Billion from Defaulting Employers, Strengthens Pension…
The National Pension Commission (PenCom) has successfully recovered N32.27 billion from employers who failed to…
Heirs Energies, NNPC Partner to Monetise 180mmscf/d of Flared Gas by 2026
Heirs Energies and the Nigerian National Petroleum Company Limited (NNPC) have signed landmark agreements with five…
Esso E&P Reaffirms Commitment to Nigeria’s Energy Security Amid Policy Shifts
Esso Exploration and Production Nigeria Deepwater Limited (Esso E&P), an affiliate of ExxonMobil Corporation,…
NUPRC Launches 2025 Petroleum Licensing Round with Signature Bonuses from $3M to…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled the rules for its highly anticipated…
CoreWeave CEO Defends AI Circular Deals Amid Volatile Stock Performance
CoreWeave, a rising star in the AI cloud infrastructure market, has faced a rollercoaster year. After a highly…
Nigerian Bond Yields Surge as DMO Increases Rates in December Issuances
Nigeria’s bond market saw a sharp rise in yields on Monday, with longer-term government securities leading the…
Bonny Light Oil Prices Settle at $65 Amid Global Oversupply Concerns
Nigeria’s flagship crude, Bonny Light, stabilized at $65 per barrel following a sharp decline in global oil prices,…
Fitch Advises CBN to Proceed Cautiously on Rate Cuts Amid Strong FX Reserves
Nigeria’s gross official foreign exchange reserves have reached a six-year high, crossing the $45 billion mark,…
Nigerian Stock Market Slides 0.33% Amid Negative Investor Sentiment
The Nigerian equities market experienced a downturn on Tuesday, as sustained negative sentiment pushed the…
Nigeria Bans Cash Payments for Government Revenues to Boost Transparency
In a major step to enhance transparency and accountability, Nigeria’s Federal Government has banned the collection…
US Approves Nvidia H200 AI Chip Exports to China with 25% Fee Amid Security Debate
The United States has approved the export of Nvidia’s H200 AI chips to China, while imposing a 25% fee on the…
Seplat Energy Trains 35 Journalists in Edo and Delta to Boost Media Skills
Seplat Energy has successfully hosted a two-day capacity-building workshop for 35 journalists from Edo and Delta…