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Business
CBN’s MPC Adjusts Policy Corridor to Boost Lending to Productive Sectors
The Central Bank of Nigeria (CBN) has taken a strategic step to encourage banks to redirect funds toward productive…
Nigerian Stocks Plunge N6.5 Trillion in November Amid CGT Fears – NGX Records…
The Nigerian equities market suffered its worst monthly decline in history in November 2025, losing a staggering…
CBN Struggles to Recover N629 Billion Anchor Borrowers’ Loans, Audit Reveals
Nigeria’s Auditor General has raised serious concerns over the management of the Central Bank of Nigeria’s (CBN)…
Experts Urge Nigeria to Sell Aging Refineries Amid N2.92 Trillion Investment in…
As the Nigerian National Petroleum Company Limited (NNPCL) weighs the future of the country’s refineries, energy…
OPEC Maintains Nigeria’s 1.5 Million BPD Oil Quota Through 2026
The Organisation of the Petroleum Exporting Countries (OPEC) has confirmed that Nigeria’s crude oil production…
FG Cracks Down on Terror Financing: Nigerian Banks and Firms Face Prosecution
The Federal Government of Nigeria has pledged to take stringent action against banks, financial institutions, and…
FCMB Named Nigeria’s Best SME-Focused Bank 2025, Leading N1.8 Trillion SME…
First City Monument Bank (FCMB) has been recognised as Nigeria’s Best SME-Focused Bank for 2025 by the Chartered…
Dangote Refinery Pledges 1.5 Billion Litres of Petrol Monthly to Boost Nigeria’s…
Dangote Petroleum Refinery has confirmed it will supply 1.5 billion litres of Premium Motor Spirit (PMS) monthly,…
NNPCL’s Crude-for-Loan Burden Hits N8.07tn: Eagle, Gazelle, Yield Projects Drive…
The Nigerian National Petroleum Company Limited (NNPCL) is grappling with a staggering N8.07tn in crude-backed loan…
Top 10 Nigerian Stockbrokers Transact N6.6 Trillion on NGX in 11 Months
Nigeria’s stock market witnessed significant activity in the first 11 months of 2025, with ten leading stockbroking…
Nigeria’s Refining Capacity Hits 62% Amid Crude Shortages and Technical Challenges
Nigeria’s oil refining sector continues to struggle with low utilisation despite having a combined installed…
Nigerian Equities Market Suffers N6.5 Trillion Loss in November Amid Investor…
The Nigerian equities market recorded its worst monthly performance in history in November 2025, with a staggering…
SEC Pledges Stronger Action Against Ponzi Schemes to Protect Nigerian Investors
The Securities and Exchange Commission (SEC) has reinforced its commitment to protecting Nigerian investors by…
European Markets Face Downturn as December Trading Begins Amid Global Uncertainty
European stock markets are starting December on a cautious note, with major indices expected to open lower. The…
Dangote Group Partners with Kano State to Boost Trade, SMEs, and Social Programmes…
The Dangote Group and the Kano State government have announced a strengthened partnership aimed at boosting…
Google Unveils N3bn Investment to Boost AI Skills and Digital Safety in Nigeria
Google, through its philanthropic arm Google.org, has announced a major N3 billion (US$2.1 million) commitment to…
Nigeria Imports 828m Litres of Petrol as Dangote Refinery Falls Short in October
Nigeria’s fuel security weakened in October after the Dangote Petroleum Refinery supplied only a fraction of the…
Naira Strengthens to N1,470/$ Amid Rising Forex Reserves as U.S. Dollar Index…
The Nigerian Naira showed mixed performance on Friday as it strengthened slightly in the unofficial market while…
NNPC Boosts Investment in Dormant Refineries to N2.92tn Amid Ongoing Revival Plans
The Nigerian National Petroleum Company Limited (NNPC) increased its investment in the country’s three…
Nigeria’s Company Income Tax Surges 40% to N2.78 Trillion in Q2 2025
Nigeria’s Company Income Tax (CIT) collections skyrocketed in the second quarter of 2025, reaching a record N2.78…
Dangote Group Expands Fertiliser Production with Global Partnerships in Nigeria…
Dangote Group has launched a major expansion of its fertiliser operations in Nigeria and Ethiopia, partnering with…
NNPCL-Heirs Energies JV Doubles Gas Supply, Boosting Power Generation Across…
Nigeria’s domestic gas supply and electricity generation have received a major boost following a landmark…
CBN Orders Banks to Withdraw Misleading Ads to Protect Consumers
The Central Bank of Nigeria (CBN) has issued a stern directive to all banks, payment service banks, and other…
European Markets End November Mixed; Delivery Hero Surges Over 15% Amid Strategic…
European stocks closed Friday with a mixed performance as investors digested a volatile month of trading. The…
Nigerian Stock Market Rebounds with N111 Billion Gain Driven by MTNN, Banking, and…
The Nigerian equities market staged a notable recovery on Thursday, November 27, 2025, adding N111.08 billion to…
Nigerian Stock Market Gains N111bn as Investor Optimism Returns
The Nigerian equities market closed on a positive note yesterday, recording a remarkable N111 billion gain, fueled…
CSCS Implements T+2 Settlement Cycle, Boosting Efficiency in Nigeria’s Capital…
The Central Securities Clearing System Plc (CSCS) has officially implemented the T+2 settlement cycle in Nigeria’s…
CBN Orders Banks to Withdraw Non-Compliant Advertisements: Ensures Consumer…
The Central Bank of Nigeria (CBN) has issued a stern directive to Deposit Money Banks (DMBs), Payment Service Banks…
Asia-Pacific Stocks Mixed as Tokyo Inflation Surprises, Fueling Rate-Hike…
Asia-Pacific markets delivered a mixed performance on Friday as investors navigated fresh signals from Japan’s…
NNPCL’s N17.5tn Pipeline Security Spending Sparks Audit Demands in 2024 Financial…
Nigeria’s national oil company, the Nigerian National Petroleum Company Limited (NNPCL), has revealed that the…