Browsing Category
Business
FG Moves to Cut Aviation Fuel Costs with Naira-for-Crude Expansion
Nigeria’s federal government is considering a major shift in aviation fuel pricing as a technical committee…
Nigeria Reduces Meta Fine in Data Privacy Case, Shifts Focus to Compliance Reform
Nigeria’s data protection regulator has clarified that the widely reported cancellation of a $32.8 million fine…
Nigeria Eurobond Rally Gains Momentum as Investors Shift to Mid-Term Bets
Nigeria’s Eurobond market is experiencing a strong rally, with yields dropping to their lowest level in four years…
Nigeria Crude Oil Production Hits Five-Year High at 1.71 Million BPD — NNPC…
Nigeria’s crude oil production has climbed to 1.71 million barrels per day between April 2025 and April 2026,…
Naira Outperforms African Currencies Despite Rising FX Pressure
Nigeria’s naira has emerged as one of the strongest-performing currencies in Africa so far in 2026, even as global…
Dividend Inflows and Earnings Optimism Drive Nigerian Equities Market Gains This…
Financial analysts are projecting another positive week for the Nigerian equities market, as fresh dividend inflows…
PenCom Policy Review Sparks N15.53 Trillion Nigerian Stock Market Rally in 14…
Nigeria’s equities market recorded a remarkable surge, adding about N15.53 trillion in value over 14 consecutive…
CSCS Deepens Market Infrastructure Investment, Declares N1.78 Dividend Amid…
The Central Securities Clearing System Plc (CSCS) has reaffirmed its commitment to strengthening Nigeria’s capital…
United Capital approves N18 billion dividend payout for FY 2025 shareholders
United Capital Group has approved a total dividend payout of N18 billion for the 2025 financial year, rewarding…
Asia Markets Hit Record Highs as Japan and South Korea Stocks Surge Despite…
Asia-Pacific stock markets mostly climbed on Monday, with Japan and South Korea leading the charge as…
No New Vehicle Tax Introduced by Federal Government, NRS Clarifies Viral Claim
The Nigeria Revenue Service (NRS) has debunked a viral social media infographic suggesting that the Federal…
Bank Recapitalisation in Nigeria: Tinubu Commends CBN’s Cardoso Over Bold…
President Bola Ahmed Tinubu has commended the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, for…
CBN Mops Up N2.8 Trillion from Banks to Tighten Liquidity and Stabilise Naira
The Central Bank of Nigeria (CBN) has intensified its efforts to stabilise the foreign exchange market and…
Dangote Refinery Expansion to Create 95,000 Jobs as Capacity Hits 1.4 Million…
Aliko Dangote, President of the Dangote Group, has announced that the ongoing expansion of the Dangote…
Global Gas Pricing Boosts Nigeria LNG Expansion Amid Underinvestment Challenges
Global gas pricing trends are creating new opportunities for gas-producing nations, with Nigeria emerging…
Europe Emerges as Key Buyer of U.S. Strategic Petroleum Reserve Oil Amid Global…
Europe has become a major destination for oil released from the U.S. Strategic Petroleum Reserve (SPR), as global…
Fintech Summit 2026: Stakeholders Map AI-Driven Financial Ecosystem in Africa
Stakeholders across Nigeria’s financial and technology sectors gathered in Lagos over the weekend for the Fintech…
AI Talent War Intensifies as Top Software Executives Defect to OpenAI and…
The battle for artificial intelligence dominance is reshaping the global tech workforce, with several top…
NNPC Denies Selling Refinery Scrap, Warns Public Against Fraudulent Claims
The Nigerian National Petroleum Company Limited (NNPC) has dismissed reports circulating online and in some circles…
Nigeria’s Top Firms Pay Record N2.32 Trillion in Taxes as Banks Drive Corporate…
Nigeria’s largest listed companies have set a new tax record, collectively paying N2.32 trillion in corporate…
NUPRC Urges Local Refiners to Acquire Oil Blocks to Strengthen Crude Supply Chain
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has encouraged members of the Crude Oil Refinery…
NGX Market Rallies as Financial Services Sector Drives N213bn Weekly Equity…
The Nigerian Exchange Limited (NGX) recorded a stronger trading week as investors exchanged a total of 3.8 billion…
Dangote, Saudi Ambassador Explore Energy and Infrastructure Investment…
Aliko Dangote, chairman of the Dangote Group, recently met with Yousef bin Mohammed Al-Balawi to discuss expanding…
European Markets Mixed as Iran Peace Proposal Fuels Oil Rally, Investor Caution
European stock markets opened the week on a cautious note, with trading mixed as investors weighed fresh…
Nigeria’s Crude Oil Prices Surge Above $113 as Iran Crisis Disrupts Global Supply
Nigeria’s crude oil grades have rallied sharply as tensions in the Middle East continue to disrupt global energy…
Alleged Fast Credit Data Breach Sparks Fresh Cybersecurity Fears in Nigeria’s…
A fresh alleged data breach has surfaced in Nigeria’s financial sector, with Fast Credit Finance Company Limited…
Nigerian Stock Market Gains N861bn as Blue-Chip Stocks Drive Strong Rally
The Nigerian stock market closed on a strong bullish note, adding about N861 billion in market value as renewed…
Nigeria Fixed Income and Currency Markets Hit N193.2 Trillion Turnover in Q1 2026…
Nigeria’s fixed income and currency markets recorded a strong performance in the first quarter of 2026, with total…
European Stocks Dip as Iran Peace Talks Uncertainty Weighs on Markets; SAP Surges…
European stock markets slipped on Friday as renewed uncertainty around U.S.–Iran peace negotiations dampened…
CBN Seeks Private Sector Partnership to Boost Value Addition in Nigeria’s Raw…
The Central Bank of Nigeria (CBN) has announced plans to deepen collaboration with the private sector to enhance…