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Economy
Naira Strengthens to ₦1,840/£1 as UK Political Tensions Weigh on Pound Sterling
The Nigerian naira has recorded a fresh gain against the British pound sterling, trading at ₦1,840/£1 according to…
Trade growth: Nigeria’s maritime sector shows early gains from reforms
Nigeria’s maritime industry is beginning to show clear signs of recovery and expansion, with new data from…
Asia-Pacific Markets Rally as Investors Weigh U.S.-Iran Peace Deal Prospects
Asia-Pacific stock markets ended Friday on a strong note as investors reacted positively to ongoing diplomatic…
CBN Holds Interest Rate at 26.50%: What It Means for Mutual Funds, Pension Returns…
The Central Bank of Nigeria (CBN) has maintained its Monetary Policy Rate (MPR) at 26.50%, a decision that is…
Naira Strengthens Against Euro as CBN Holds Interest Rate at 26.5% Amid Economic…
The Nigerian Naira has recorded a notable gain against the Euro, strengthening by about 5.4% since the start of the…
World Bank Group Targets $23bn Private Capital Push to Power Africa’s Jobs and…
The World Bank Group has announced an ambitious plan to mobilise around $23 billion in private capital for Africa,…
CBN Interventions Drop Below 2% as FX Market Deepens, Says Cardoso
The Central Bank of Nigeria (CBN) has stated that its direct involvement in the foreign exchange market has…
CBN Retains Interest Rate at 26.5% as External Shocks Drive Inflation Pressure in…
The Central Bank of Nigeria (CBN) has maintained its benchmark interest rate at 26.5 percent, following its…
Insurance Firms Double Tax Payments to N15.2bn Despite 15% Drop in Profit Before…
Nigeria’s insurance sector recorded a significant rise in tax contributions in 2025, with 11 major insurance…
Dangote Refinery Listing to Open Africa’s Industrial Future to Investors
President of the Dangote Group, Aliko Dangote, has revealed that the planned listing of Dangote Petroleum Refinery…
Africa Set to Receive $6.4 Billion Annual Investment Guarantees as World Bank Arm…
Africa is set for a major boost in development financing as the World Bank’s Multilateral Investment Guarantee…
How Africa’s misaligned gas commercial model hurts its economies
Across Africa, a strange economic contradiction is unfolding: countries rich in natural gas reserves continue to…
Nigeria’s Oil Sector Booms as Local Content Policy Drives 117 Operating Firms and…
Nigeria’s oil and gas sector is undergoing a major transformation as local content policies continue to reshape the…
W’Bank flags skills deficit across African economies
A growing mismatch between the skills African workers have and what employers actually need is becoming a major…
FGN Bond Subscriptions Drop 45% as Investors React to Higher Yields in 2026…
Investor confidence in Federal Government of Nigeria (FGN) bonds weakened in May 2026, as total subscriptions…
European Stocks Slip as Bond Yield Surge, Inflation Data Weigh on Investor…
European stock markets opened in negative territory on Wednesday as investors grappled with rising global bond…
World Bank says global carbon pricing revenue tops $107 billion in 2025
Global carbon pricing revenue climbed above $107 billion in 2025, marking another milestone in the worldwide push…
CBN Set to Maintain Tight Monetary Policy as Inflation and Global Oil Shock Deepen…
Financial analysts and economists are widely expecting the Central Bank of Nigeria (CBN) to maintain its current…
Tax reform: FG opens free dispute resolution channels
The Federal Government has launched a new free tax dispute resolution system in Nigeria, allowing taxpayers to…
CBN Likely to Hold Interest Rate at 26.5% as Inflation Pressures Persist —…
Nigeria’s monetary policy direction is once again in focus as the Central Bank of Nigeria (CBN) prepares for its…
AKK Gas Pipeline Project Set to Revolutionize Nigeria’s Economy and Industrial…
Nigeria’s ambitious $2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline project is being described as a…
CBN Monetary Policy Rate Decision: Analysts Expect Hold at 26.5% Amid Rising…
Analysts are widely expecting the Central Bank of Nigeria (CBN) to keep its Monetary Policy Rate (MPR) unchanged at…
Asia Markets Mixed as Oil Prices Ease After Trump Delays Iran Strike Amid Global…
Asia-Pacific financial markets traded in a mixed pattern on Tuesday as investors reacted to easing oil prices and…
Banks Flood Treasury Bills Market as High Yields Attract Surplus Liquidity in…
Nigeria’s banking sector is once again turning to government securities as a safe haven, with commercial banks…
CPPE Warns CBN: Further Interest Rate Hikes Could Stall Nigeria’s Economic…
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Central Bank of Nigeria (CBN) to tread…
Rank Capital Named Among Africa’s Fastest-Growing Fintechs on FT List
Rank Capital has earned a spot on the Financial Times’ list of Africa’s fastest-growing companies, ranking seventh…
European Markets Rise as Trump Pauses Iran Strike, Germany Launches Uniper…
European stock markets climbed on Tuesday as investors reacted positively to easing geopolitical tensions in the…
N4.65 Trillion Bank Recapitalisation: Nigerian Banks Face Pressure to Turn Capital…
After successfully raising a combined N4.65 trillion to meet the Central Bank of Nigeria’s (CBN) recapitalisation…
Stock Futures Drop After Record Wall Street Rally as Investors Brace for Nvidia…
Stock futures slipped early Monday after a strong, record-setting week on Wall Street, signaling a cautious start…
FGN Bonds and T-Bills Deliver Peak Returns in Q1 2026 as 364-Day Treasury Bill…
Nigeria’s fixed-income market recorded some of its strongest sovereign returns in recent years during the first…