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CBN Withdraws N13.41 Trillion in January 2026 Amid Tight Liquidity Conditions
The Central Bank of Nigeria (CBN) pulled a record N13.41 trillion from the financial system in January 2026, nearly…
Dangote Refinery Absorbs 20% Crude Cost Surge to Stabilise Petrol Supply in…
Nigeria’s largest refining facility, the Dangote Petroleum Refinery & Petrochemicals, has assured Nigerians…
Jaiz Bank Leads Trading Volume as Nigerian Stock Market Rises 0.18%
The Nigerian stock market closed slightly higher on March 5, 2026, as the Nigerian Exchange All-Share…
Finance and Technology Key to Unlocking Nigeria’s Gas Potential – Industry Leaders
Industry experts have stressed that stronger financing frameworks, strategic infrastructure investment, and the…
Report: Rising oil prices will improve current account balances of Nigeria, Ghana
A surge in global oil prices triggered by the escalating conflict involving the United States, Israel and Iran…
Oil Prices Surge Amid Middle East Tensions, Strait of Hormuz Supply at Risk
Oil prices surged sharply on Wednesday as escalating tensions in the Middle East disrupted global energy supplies,…
Oil Price Surges to $84 Per Barrel, Surpassing Nigeria’s 2026 Benchmark Amid…
Crude oil prices soared on Thursday, reaching $84 per barrel, the highest level in 2026, well above Nigeria’s…
Nigerian Private Sector Credit Slides to N75.24 Trillion in January 2026 Amid…
Nigerian banks’ lending to the private sector dipped to N75.24 trillion in January 2026, down from N75.83 trillion…
Nigeria to Launch National Single Window Digital Trade Platform on March 27
Nigeria is set to officially launch its National Single Window (NSW) digital trade platform on March 27, a move…
AfDB Invests €6.5 Million in Saviu II to Boost Tech Startups in Francophone Africa
The African Development Bank Group (AfDB) has approved a €6.5 million investment in the Saviu II venture capital…
IMF Warns Middle East Conflict Could Trigger Global Economic Shock
The International Monetary Fund (IMF) has issued a stark warning that the ongoing conflict in the Middle East could…
FG Sets Ambitious Goal: Manufacturing to Contribute 25% to Nigeria’s GDP by 2035
The federal government has unveiled a bold plan to significantly expand Nigeria’s manufacturing sector, targeting a…
CBN Strengthens Gold Reserves to $3.5bn as Senate Moves to Make Apex Bank Lead…
The Central Bank of Nigeria (CBN) has increased its gold reserves to $3.5 billion by acquiring domestically…
Nigeria’s $6 Billion Freight Market: Why Local Shipping Investors Are Missing Out
Despite Nigeria’s strategic 900-kilometre coastline and a market of over 200 million people, local shipping…
Nigeria’s Money Supply Falls to N123 Trillion as Bank Liquidity Tightens
Nigeria’s money supply (M²) experienced a slight decline in January 2026, falling 0.8 percent month-on-month to…
MTN and Aradel Lead Nigerian Market Value as All-Share Index Edges Down 0.08%
The Nigerian All-Share Index (ASI) closed slightly lower on 4th March 2026, dipping 0.08% to 196,463.2 points,…
Cooking Gas Price Soars 40% to N1,400 per KG Amid Middle East Crisis
The price of cooking gas in Nigeria has surged sharply, jumping 40 percent to N1,400 per kilogram, following…
US-Iran Conflict Sparks UK Fuel Crisis While Nigeria Secures Supply with Dangote…
Motorists across Britain are facing long queues and empty pumps as fears of an oil shortage escalate amid the…
European Markets Brace for Mixed Open Amid U.S.-Israel-Iran Conflict
European markets are set to open in mixed territory on Thursday, reflecting heightened investor caution amid…
CBN Forex Reforms Boost Reserves and Stabilize Naira Amid Economic Recovery
Nigeria’s Central Bank (CBN) forex reforms have yielded significant results, with the country’s external reserves…
CBN Reforms Push Naira to First Annual Gain in 13 Years
Nigeria’s currency recorded a historic turnaround in 2025 as reforms by the Central Bank of Nigeria (CBN) helped…
Nigerian Crude Oil Surges Past $80 Amid Middle East Tensions – Highest Since 2024
Nigerian crude oil prices have climbed past $80 per barrel, marking the highest levels since mid-2024. The spike…
Nigeria’s Path to Global Oil Leadership: Strategic Measures Highlighted by…
The Society of Petroleum Engineers Nigeria (SPEN) has urged swift action, resilience in coordination, and…
Nigeria Telecoms GDP Hits N18.5tn in 2025 as Data Boom and 5G Rollout Accelerate…
Nigeria’s telecommunications industry strengthened its grip on the economy in 2025, contributing N18.5 trillion to…
Higher Oil Prices Not Nigeria’s Opportunity: Gas Shock and Strait of Hormuz Risk…
Higher oil prices are once again dominating global headlines, but they may not represent the opportunity many…
Indigenous Operators Drive Nigeria’s Oil Production Ambitions
Nigeria’s upstream oil and gas sector is undergoing a pivotal transformation as indigenous operators move from…
Nigeria’s Economy Set to Grow 5.5% in 2026 as Inflation Falls to 6%
Nigeria is poised for stronger economic growth in 2026, with analysts projecting a full-year GDP increase of 5.55%…
Nigeria’s Net Reserves Soar to $34.8 Billion in Two Years, Boosting Economic…
Nigeria’s net external reserves have skyrocketed by 772 percent over the past two years, reaching $34.8 billion at…
VAT Hits Record N1tn as New Sharing Formula Boosts States’ Revenue in 2026
Nigeria’s Value Added Tax (VAT) revenue surged to a record N1.08 trillion in January 2026, marking the first full…
European Markets Climb Amid Middle East Tensions: Stocks Rebound After Volatile…
European stocks opened higher on Wednesday as investors monitored escalating tensions in the Middle East. The Stoxx…