Nigeria Champions Africa’s Digital Sovereignty and Regional Collaboration at ICEGOV 2025
Nigeria has once again positioned itself at the forefront of Africa’s digital transformation, as the Director-General of the National Information…
Category: Business
NGX Rebounds After Six-Day Slump, Adds N94.47bn in Market Value
Bullish trading returned to the Nigerian Exchange Limited (NGX) on Tuesday, breaking a six-day losing streak that had dented investor…
European Stocks Poised to Rise as Fed Rate Cut Expectations Grow Ahead of UK Budget
European stocks are set to open higher on Wednesday as investor expectations build for a potential U.S. Federal Reserve interest…
Champion Breweries Launches N15.91bn Rights Issue to Boost Growth
Champion Breweries Plc has officially launched a N15.91 billion rights issue, inviting its qualified shareholders to participate in the capital-raising…
CBN Confirms 16 Banks Have Met Recapitalisation Target as March 2026 Deadline Nears
The Central Bank of Nigeria (CBN) has confirmed that 16 Nigerian banks have now met the recapitalisation threshold, marking a…
Dangote, Honeywell Partner to Boost Refinery Capacity to 1.4m bpd by 2028
The Dangote Petroleum Refinery has taken a major step toward becoming the world’s largest single-location refining complex after sealing a…
BREAKING: CBN retains MPR at 27% to sustain inflation fight
The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 27 percent, maintaining its tight monetary stance as part of…
Lontor Hi-Tech Invests N1.2B to Drive Sustainable Energy and Smart Living in Nigeria
LONTOR Hi-Tech Development Company has reaffirmed its dedication to sustainable energy and smart living in Nigeria with a landmark N1.2…
Nigerian Geochemist Pushes for Smarter, Sustainable Oil Production with New Scientific Evidence
Nigeria’s efforts to strengthen and modernise its energy sector are receiving a significant boost from new scientific insights, as petroleum…
Nigeria to Host 2026 ACI Africa Conference as Aviation Leaders Endorse Country’s Readiness
Nigeria has officially announced its readiness to host the 2026 Airports Council International (ACI) Africa Regional Conference and Exhibition. The…
SEC Urges Stronger Compliance Culture After Nigeria’s FATF Grey List Exit
Nigeria’s recent removal from the Financial Action Task Force (FATF) Grey List has prompted the Securities and Exchange Commission (SEC)…
Nigerian Market Slips as Capitalisation Falls by N69bn Amid Renewed Sell Pressure
The Nigerian equities market opened the week on a gloomy note as sustained sell pressure in 26 stocks dragged market…
MTN Nigeria Remits N6.9 Trillion in Taxes, Reinforcing Role as Key Economic Driver
MTN Nigeria has reaffirmed its position as a cornerstone of the nation’s economy, revealing that its cumulative tax, levies, and…
Nigeria Achieves Global Quality Recognition, Boosting Exports to 140 Countries
Nigeria has achieved a major milestone in global trade after the Nigerian National Accreditation System (NINAS) received international recognition. This…
Afreximbank Aims to Boost African Trade to $40 Billion Under AfCFTA
Afreximbank has set an ambitious target of $40 billion to accelerate intra-African trade and industrialisation under the African Continental Free…
Dangote Champions Mechanised Farming to Boost Nigeria’s Economic Growth
The Dangote Group is leading efforts to modernize Nigeria’s agricultural sector through strategic partnerships aimed at boosting productivity and economic…
Google Unveils Gemini 3: A New Era of Agentic AI Transforming Search and Productivity
Google has officially launched Gemini 3, marking a major leap in artificial intelligence. This new AI model is designed to…
Naira Strengthens Ahead of 303rd CBN MPC Meeting, Hits N1,452/$1
The Nigerian Naira recorded modest gains across the foreign exchange market on Monday, trading at N1,452/$1, up from N1,458/$1 last…
Lagos State Issues Record N244.82 Billion Bond to Boost Infrastructure and Green Development
Lagos State has made history with its latest bond issuance, raising N244.82 billion to fund major infrastructure and green development…
AFC and NGX Boost Nigeria’s Capital Market Capacity to Fund Infrastructure Projects
Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, and Nigerian Exchange Limited (NGX), the country’s sustainable capital market champion,…
Nigerian Stock Market Slides Again as Sell-Offs Wipe N69 Billion from Market Capitalization
The Nigerian equities market continued its downward trend yesterday, closing in negative territory as widespread profit-taking weighed on investor sentiment.…
European Markets Set for Weak Open as Investors Ignore Wall Street Rally
European markets are poised for a muted start on Tuesday, with major indices expected to open flat to slightly lower…
NNPC Sets June 2026 Deadline to Seal New Refinery Partnerships as Nigeria Targets Global Standards
The Nigerian National Petroleum Company Limited (NNPCL) has set June 2026 as the deadline to select technical partners for its…
CBN Expected to Cut Interest Rate Again as Inflation Cools — Analysts Predict Up to 100bps Slash
As the Central Bank of Nigeria’s Monetary Policy Committee concludes its November meeting today, analysts widely expect another round of…
Africa’s Solar Potential Underutilized as EU Mobilizes €15.5 Billion for Renewable Energy
Africa is home to 60% of the world’s best solar resources, yet it receives a mere 2% of global energy…
Lontor Hi-Tech Drives Sustainable Energy Growth with N1.2 Billion Investment
Lontor Hi-Tech Development Company has reinforced its commitment to sustainable energy and smart living with a N1.2 billion investment in…
Nigeria’s Tax Reform Push: How VAT, Free Zones and Capital Gains Changes Aim to Rebuild Fiscal Fairness
Nigeria’s push to rebuild fiscal fairness is reshaping how businesses, investors and everyday citizens experience taxation. After decades of oil-dependence,…
EU Launches €30M Cultural Partnership to Empower Nigerian Creatives
The European Union has unveiled a €30 million cultural empowerment initiative aimed at boosting Nigeria’s creative sector and strengthening Africa–Europe…
LASG to Invest N244.82 Billion Bond Proceeds in Key Sectors for Sustainable Growth
Lagos State Government (LASG) has unveiled plans to strategically deploy the proceeds from its latest bond issuance, totaling N244.82 billion,…
NGX Loses N6.4 Trillion as Investor Anxiety and Geopolitical Tensions Weigh on Market
The Nigerian stock market has posted three consecutive weeks of losses, shedding over N6.4 trillion in market capitalisation as heightened…