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DMO Opens N1tn FGN Bond Offer as Minimum Investment Hits N50m
The Federal Government has opened another major investment window as the Debt Management Office (DMO) begins…
CBN: Nigerian Banks Shut 476 Branches in Three Years as Digital Banking Gains…
Nigeria’s banking landscape is changing rapidly, with banks shutting 476 branches and cash centres between 2022 and…
Hormuz Traffic Plunges as Saudi Pipeline Shutdown Deepens Middle East Oil Supply…
The Strait of Hormuz oil supply route is facing fresh pressure as the number of commodity vessels crossing the…
India Wants More Nigerian Crude as Shettima, Modi Move to Revive $9bn Trade Ties
India is seeking to increase its purchases of Nigerian crude oil as Abuja and New Delhi move to…
Dangote Refinery IPO Sparks Digital Race for 10 Million Nigerian Investors
The Dangote Refinery IPO has triggered a major digital scramble among Nigerian banks, stockbrokers and fintech…
NGX Market Turnover Falls 16% to N130bn as Investors Cut Back on Trading
The Nigerian Exchange Limited (NGX) recorded a sharp slowdown in trading activity last week, with total market…
Dangote Refinery IPO: Rewane Sees Nigeria’s Economy Hitting $600bn as IPMAN Urges…
The planned Dangote Refinery IPO is attracting growing attention as the Independent Petroleum Marketers Association…
NTB Demand Hits N2.64trn as Investors Race for Nigerian Government Bills
Investor appetite for Nigerian Treasury Bills (NTBs) has surged, with total bids reaching N2.64 trillion at the…
NGX Rebounds as Trading Volume Surges 162%, Investors Gain ₦100bn
Trading activity on the Nigerian Exchange (NGX) bounced back strongly as investors traded 1.4 billion shares,…
NGX Rebounds as Seplat, Transcorp and GTCO Lift Market Despite Weak Breadth
The Nigerian Exchange (NGX) staged a modest recovery on Thursday, September 10, ending a two-day…
Nigeria Targets Fresh Digital Infrastructure Investment Through Data Sovereignty,…
Nigeria is positioning its data sovereignty and artificial intelligence (AI) ambitions as a major opportunity to…
OpenAI Deepens Samsung Partnership as AI Chip Race Intensifies
OpenAI is deepening its partnership with Samsung Electronics through joint production and research into…
NCC Orders Registration of All SIM-Enabled Devices in Nigeria
The Nigerian Communications Commission (NCC) has commenced the registration and authentication of all SIM-enabled…
Dangote Plans 1,000MW Power Plant in Kenya as Energy Push Expands
Dangote Industries is set to deepen its footprint in East Africa with plans for a 1,000-megawatt liquefied natural…
Dangote Refinery, NMDPRA Clash Over Propane Operations as Court Extends…
The dispute between Dangote Petroleum Refinery and the Nigerian Midstream and Downstream Petroleum Regulatory…
US Treasury Yields Hold Steady as Investors Await Key Inflation Data
US Treasury yields remained largely steady on Thursday as investors turned their attention to fresh wholesale…
Global Clean Energy Investment Drops 17% as China Pullback Weighs on Market
Global clean energy investment fell 17% in the first half of 2026, with a sharp pullback in China emerging as the…
Nigeria Spends N3.3 Trillion on Food Imports as Food Security Concerns Deepen
Nigeria spent N3.30 trillion on food and beverage imports in the first half of 2026, highlighting the country’s…
Reps Probe N432bn Oil Firms Debt to NMDPRA, Demand Accountability
The House of Representatives Public Accounts Committee (PAC) has commenced an investigation into N432.07 billion…
OPEC+ Keeps Saudi Arabia, Russia Oil Output Unchanged for October
Saudi Arabia, Russia and five other major oil producers have agreed to maintain their September 2026 oil production…
Oil Prices Cross $100 as US-Iran Conflict Deepens, Raising Nigeria’s Revenue Hopes
Global oil prices have surged above $100 per barrel for the first time since late July as intensifying military…
Naira Slips to N1,334/$ as Interbank FX Turnover Surges 70% to $94.43 Million
The naira came under renewed pressure at the Nigerian foreign exchange market on Wednesday, September 9, weakening…
FG Offers N1 Trillion Bonds in September Auction as Minimum Subscription Hits N50…
The Federal Government is set to raise N1 trillion from the domestic debt market through its September 2026 bond…
NGX Loses N1.67 Trillion as Sell-Off Deepens Ahead of Dangote Refinery IPO
Nigeria’s equities market extended its losing streak on Wednesday as renewed selling pressure across major sectors…
Bank of Ghana Flags 20 Unlicensed Loan Apps, Warns Public Against Operators
The Bank of Ghana (BoG) has flagged 20 mobile loan applications operating without the required licence or…
Crude Oil Hits $100: Nigerian Marketers Warn of Fresh Petrol Price Hike
International crude oil prices have crossed the $100-per-barrel mark, raising fresh concerns that Nigerian…
Nigeria Dominates African Startup Funding as Top 10 Deals Raise $428 Million in…
Nigeria emerged as the clear leader in African startup funding in August 2026, attracting $364.1 million, or 83.7%…
Nigeria Emerges as Global Leader in AI Adoption as 91% Use AI Weekly
Nigeria is emerging as one of the world’s strongest markets for artificial intelligence (AI), with 91 per cent of…
Africa Loses $74.5bn to High-Risk Perception as Borrowing Costs Soar
Africa is losing an estimated $74.5 billion in additional debt-service costs because of exaggerated risk…
MFB Credit Filings Surge 38.4% to 22,977 as Small-Business Lending Expands
Microfinance banks (MFBs) recorded a sharp rise in credit activity in the first quarter of 2026, with…