Nigerian Crude Oil Surges Above $65 Amid Geopolitical Tensions and OPEC+ Decisions
Nigerian crude oil prices climbed above the $65 per barrel mark on Monday, driven by growing geopolitical tensions and supply…
Category: Business
Nigeria Stock Market Rebounds: Dangote Cement Spurs NGX 1.20% Gain
Nigeria’s equities market staged a strong recovery on Tuesday, December 2, 2025, as the Nigerian Exchange Group (NGX) All Share…
Nigeria Becomes a Growing Hub for French Investment in Finance, Technology, and Agriculture
Nigeria is rapidly establishing itself as a key destination for French investment, with companies showing increased interest in sectors such…
CBN Revises Cash Withdrawal Limits: What Nigerians Must Know About January 2026 Changes
The Central Bank of Nigeria (CBN) has announced major revisions to its cash withdrawal policies, set to take effect from…
CBN Dollar Intervention: Naira Settles at N1,447 as Central Bank Injects $537 Million
The Central Bank of Nigeria (CBN) intervened in the foreign exchange market with a total of $537 million in November,…
Nigerian tech firms’ multi-million dollar haul in 2025 fuels innovation across sectors
Nigeria’s tech ecosystem has continued to shine in 2025, with local and regional startups attracting significant multi-million dollar investments despite…
Nigeria Launches $100 Million Equity Fund to Boost Local Oil and Gas Producers
Nigeria is taking bold steps to strengthen its local oil and gas industry with the launch of a $100 million…
Nigerian Tech Firm Task Systems Wins Prestigious Microsoft Best Partner Award
In a remarkable achievement for Nigeria’s tech industry, Task Systems Limited has been honoured with the Microsoft Best Partner Award…
European Stocks Set for Higher Open as Global Markets Rebound — Investors Eye Year-End Rally
European markets are poised for a positive start on Wednesday, lifted by renewed optimism across global trading floors. After a…
FG Contractors Renew Protests Over Unpaid N500bn Debt, Block Finance Ministry
Local contractors under the All Indigenous Contractors Association of Nigeria on Tuesday returned to the Federal Ministry of Finance in…
NASS Champions Continuous Tax Reforms to Drive Nigeria’s Energy Transition
The Speaker of the House of Representatives, Hon. Tajudeen Abbas, has reaffirmed the National Assembly’s commitment to continuous tax reforms…
Bitcoin Falls Below $86K Amid Market Uncertainty: December Opens on Weak Footing
Bitcoin opened December on a shaky note, sliding as much as 6% to breach the $86,000 support level during early…
Nigerian Stock Market Opens December 2025 on Bearish Note, Sheds N200 Billion
The Nigerian stock market started December 2025 on a cautious and bearish note, shedding about N200 billion in market value.…
Naira Slips to N1,446/$1 in November Despite CBN’s Tightening Measures
The Nigerian naira ended November on a slightly weaker note, continuing a trend of volatility in the foreign exchange market.…
Champion Breweries Profit 2025 Set to Hit Record N3.12bn on Stable Naira and Cooling Inflation
Champion Breweries is poised to deliver its highest full-year profit in history, with analysts forecasting net income of N3.12 billion…
CBN, First Bank, BUA Among Top Abuja Land Defaulters: FCTA Revokes Over 1,000 Property Titles
The Federal Capital Territory Administration (FCTA) has officially listed more than 1,000 property owners, including major banks and companies, for…
Bank of Ghana Cuts Policy Rate to 18% Amid Falling Inflation and Strong Economic Recovery
The Bank of Ghana (BoG) has cut its policy rate by 350 basis points to 18 percent, signaling a decisive…
FCMB Named Nigeria’s Best SME Bank 2025, Leading SME Financing Across Key Sectors
First City Monument Bank (FCMB) has been named Nigeria’s Best SME Focused Bank for 2025 by the Chartered Institute of…
Nigeria’s Economic Growth Strengthens as PMI Hits 56.4 in November
The Nigerian economy continued its upward momentum in November as the Composite Purchasing Managers’ Index (PMI) rose to 56.4 points,…
TotalEnergies Sells 40% Stake in Nigerian Offshore Assets to Chevron to Boost Exploration
TotalEnergies has agreed to sell a 40% stake in its Nigerian offshore assets to Chevron, signaling a strategic reshuffle in…
Dangote Urges End to Fuel Imports, Says Nigeria Can Meet Local Demand
Aliko Dangote, President and CEO of Dangote Industries Limited, has called for an immediate end to Nigeria’s fuel imports, asserting…
Nigeria Ranked ‘Critical’ on 2025 Instability Risk Index Amid Rising Economic and Political Pressures
Nigeria has been placed in the “critical” category on SBM Intelligence’s 2025 Instability Risk Index, scoring 52 out of 100…
How CBN’s FX Reforms Spark $2.25 Billion Eurobond Surge for Nigeria
Nigeria has made a bold return to global capital markets with a $2.25 billion dual-tranche Eurobond issuance that surpassed expectations.…
Nigeria’s Public Debt Hits N152.39 Trillion in Q2 2025, NBS Reports
Nigeria’s public debt stock rose to N152.39 trillion in the second quarter of 2025, marking a 2.01% increase from the…
Nigeria’s GDP Rises to 3.98% in Q3 2025 as Agriculture and Industry Drive Economic Rebound
Nigeria’s economy continued its upward trajectory in the third quarter of 2025, with the National Bureau of Statistics (NBS) reporting…
SEC Intensifies Crackdown on Ponzi Schemes, Boosts Collaboration to Protect Nigerian Investors
The Securities and Exchange Commission has renewed its commitment to tackling Ponzi schemes in Nigeria by strengthening collaboration with key…
European Markets Open Flat as Investors Await December Interest Rate Decisions
European stock markets are expected to open flat to slightly lower on Tuesday as the region continues to struggle for…
Nigeria’s GDP Slows To 3.98% In Q3 2025
Nigeria’s Gross Domestic Product slowed down to 3.98 per cent (year-on-year) in real terms in Q3 2025, lower than the…
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 sectors…
Nigerian Stocks Plunge N6.5 Trillion in November Amid CGT Fears – NGX Records Historic Monthly Loss
The Nigerian equities market suffered its worst monthly decline in history in November 2025, losing a staggering N6.54 trillion in…