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Four New Millionaires Emerge In Season 10 Of FCMB Millionaire Promo
A mechanic in Lagos, a computer technician in Osun, a retired civil servant in Abuja, and a wood merchant in Imo…
$600m monthly diaspora remittances proof of reforms – FG
The Federal Government has expressed excitement over a sharp rise in diaspora remittances, which have surged to…
Nestle sacks CEO over office romance
Swiss food giant, Nestlé, on Monday dismissed Laurent Freixe as chief executive with immediate effect over an…
Nigeria Signs Deepwater Oil Deal with TotalEnergies to Boost Production and Energy…
Nigeria has formalized a major deepwater oil agreement with French energy giant TotalEnergies and local partner…
Kola Aina on AI, Local Capital, and Startup Exits: Africa’s Tech Investment…
Kola Aina, founding partner of Ventures Platform, has been a pivotal figure in African venture capital for over a…
Insurance Firms Rush to Meet Sept 30 Recapitalisation Deadline Amid New NIIRA 2025…
Insurance companies across Nigeria are racing against the September 30 deadline to submit their recapitalisation…
Dangote Refinery Boosts Fuel Exports Amid Middle East Refinery Shutdowns
The $20 billion Dangote Petroleum Refinery has ramped up exports of petrol, aviation fuel, and diesel as…
Nigeria Economic Society Pushes for Inclusive Growth, Honours Shettima, CBN…
The Nigeria Economic Society (NES) has emphasized the need for inclusive economic growth as it prepares to honour…
Dollar Weakens as Gold Hits Record High Amid Fed Rate Cut Speculation
Global financial markets were mixed on Tuesday as the U.S. dollar wobbled near five-week lows and gold surged to a…
European Stocks Hold Steady as Chinese Tech Rally Boosts Market Sentiment
European equities opened the week on a steady note as gains in Chinese technology stocks helped balance pressure…
NGX Opens September with ₦363bn Loss as Market Indices Decline
The Nigerian Exchange (NGX) began September on a bearish note, with investors losing a total of ₦363 billion in…
CBN’s $2 Billion FX Forwards Audit: Winners, Losers, and the Future of Nigeria’s…
The Central Bank of Nigeria (CBN) has concluded a forensic audit into disputed foreign exchange (FX) forward…
Amid Excess Liquidity in Financial Sector, Banks’ Borrowing from CBN Slumps 28.2%…
Amid excess liquidity in the financial sector, banks’ borrowing from the Central Bank of Nigeria (CBN) dropped by…
Naira Holds Steady in Black Market as U.S. Dollar Weakens Amid Global Uncertainty
The Nigerian naira remained stable in the black market, trading just below the N1.550/$ range in the first session…
Nigeria’s Gas Flaring Drops to 7.16% in July 2025 as Gas Production Hits 7.59…
Nigeria recorded a significant energy milestone in July 2025 as gas flaring fell to 7.16%, even as daily gas…
Dangote Refinery Sources Ghana Crude Amid Production Questions, RFCC Unit…
Nigeria’s Dangote Refinery has, for the first time, imported crude oil from Ghana, signaling a shift toward…
Meta’s $14.3B Scale AI Partnership Shows Early Strains Amid Talent Departures and…
Meta’s multi-billion-dollar partnership with data-labeling startup Scale AI, launched in June with a $14.3 billion…
India’s Strong GDP Growth Overshadowed by Weak Corporate Earnings and Market…
India’s economy recorded robust growth of 7.8% in the April–June quarter of 2025, outpacing global peers. Yet, the…
FX Stability, Capital Inflows Push Nigerian Stock Market to N26trn Gain in 8…
Nigeria’s stock market recorded a remarkable growth of N26.01 trillion in market capitalisation within the first…
Union Bank completes merger with Titan Trust Bank
Union Bank of Nigeria has announced the successful completion of its merger with Titan Trust Bank Limited,…
Naira Strengthens to ₦1,531.57/$ as CBN Interventions and Rising Reserves Bolster…
The Nigerian naira appreciated to ₦1,531.57 per dollar on Friday, marking a 0.23% gain week-on-week in the…
NGX Revenue Jumps to N24bn on Bank Recapitalisation and New Listings
The Nigerian Exchange Group Plc (NGXGROUP) reported a significant revenue growth to N24 billion in the 2024…
Ghana Treasury Bills Undersubscribed by 50% as Yields Decline Across All Tenors
Treasury bill auctions in Ghana continue to struggle with weak investor demand, as the latest primary market…
Clearing Agents Urge Customs to Extend Deadline on 905 Overtime Cargoes in Lagos…
Licensed clearing agents have appealed to the Nigeria Customs Service (NCS) to extend its two-week ultimatum for…
Nigeria’s Internet Data Usage Hits Record High Despite Falling Subscriptions
Nigeria’s internet usage has reached a record peak even as millions of subscribers abandon telecom networks due to…
Nigerian Bank Customers Decry Failed USSD Transactions, Hidden Charges, and Demand…
Bank customers across Nigeria are raising concerns over rising cases of failed transactions and unexplained…
Nigeria and Brazil Central Banks Forge Stronger Financial Cooperation to Boost…
The Central Bank of Nigeria (CBN) and the Banco Central do Brasil have pledged to deepen financial and economic…
Non-Oil Sector Drives Nigeria’s Tax Revenue to N17.4trn in Seven Months, Hits…
Nigeria’s diversification efforts are yielding results as the non-oil sector powered tax revenues to N17.4…
SCOA, RTBRISCOE Lead Gainers as Nigerian All-Share Index Falls 0.49%
The Nigerian Exchange (NGX) closed on a bearish note on Thursday, August 28, as the All-Share Index (ASI) slipped…
Dangote Group Signs $2.5bn Deal to Build Fertiliser Plant in Ethiopia, Holds 60%…
Dangote Group has signed a landmark $2.5 billion agreement with Ethiopian Investment Holdings (EIH) to build a…