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Petrol Nears N1,400/Litre as Dangote Raises Price Amid Global Oil Shock and Middle…
Petrol prices are edging dangerously close to N1,400 per litre across Nigeria as global oil market tensions…
Telecom operators push for new policy as NNBP 2020-2025 fails expectations
Four months after the expiration of Nigeria’s National Broadband Plan (NNBP) 2020–2025, telecom operators are…
Nigeria PMI Falls to 49.4, Signals First Economic Contraction in 16 Months
Nigeria’s economic momentum took a hit in April 2026 as the Purchasing Managers’ Index (PMI) slipped…
Nigerian Stock Market Surges by N3.2trn as Investors Return, Market Cap Hits…
The Nigerian stock market recorded a strong recovery on Wednesday, gaining N3.204 trillion in market capitalisation…
Cooking Gas Prices in Nigeria Rise as 5kg Hits N7,655 Amid March 2026 Inflation…
Cooking gas prices in Nigeria recorded another sharp increase in March 2026, placing additional pressure on…
AI Reduces Nigeria Media Traffic by 26% as News Consumption Shifts – Report…
Nigeria’s digital media industry has recorded a significant shift, with audience traffic falling sharply by 26.2%…
Why Mobile Internet Alone Can’t Power Nigeria’s Digital Future – NCC, Experts Warn
Nigeria’s telecom space is increasingly shifting from familiar consumer frustrations over airtime disputes and…
Nigeria records surge in foreign currency tax receipts to N6.33 trillion
Nigeria recorded a significant rise in foreign currency-denominated tax collections in 2025, as total receipts…
NUPRC Board Resumes Duties, Pledges Oil Sector Reforms Amid Global Energy…
The newly inaugurated board of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially resumed…
NNPC Hikes Oil Prices Amid US-Iran War as Global Crude Surges
Nigeria’s oil sector has seen a sharp shift as the Nigerian National Petroleum Company Limited (NNPC)…
NGX Sees 107.7% Surge in Foreign Investment to N288.82bn as Investor Confidence…
Foreign investor participation on the Nigerian Exchange Limited (NGX) recorded a significant rebound in March 2026,…
VFD Group Reports N5.1 Billion Q1 2026 Profit as Investment Income and Other Gains…
VFD Group Plc has kicked off 2026 on a strong note, reporting a pretax profit of N5.1 billion for the first quarter…
Naira Weakens to N1,383/$ as External Reserves Drop Deepens FX Pressure
The Nigerian naira continued its downward slide on Tuesday, closing at N1,383 against the US dollar,…
CBN Restricts BDC Access to Forex Market Over Compliance Risks
Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has continued to limit the access of Bureau De Change (BDC)…
Reps ask NCC to extend SIM reallocation period over fraud, identity theft concerns
Nigeria’s House of Representatives has called on the Nigerian Communications Commission (NCC) to extend the SIM…
CSCS Declares N1.78 Dividend as Profit Climbs on Strong Market Activity
Shareholders of the Central Securities Clearing System Plc (CSCS) have approved a total dividend payout of N8.9…
Naira Weakens to N1,369 per Dollar as External Reserves Drop $731 Million Amid FX…
The Nigerian Naira weakened further on Monday, slipping to N1,369 per US dollar, down from N1,361.5/$ recorded at…
CBN Pushes for Single-Digit Inflation Target Amid Global Shocks as Nigeria Defends…
Nigeria’s economic managers are standing firm on their long-term goal of achieving single-digit inflation, even as…
Shell Invests $16.4 Billion in ARC Resources Deal to Boost Canadian Gas and LNG…
Shell is making a massive long-term bet on natural gas with a $16.4 billion agreement to acquire Canada’s ARC…
AI Reduces Nigeria Media Traffic by 26% as Digital News Consumption Shifts
Nigeria’s digital media landscape has experienced a major shake-up, with audience traffic dropping by 26.2% in…
Nigerian Stock Market Drops N1.36tn as Banking Stocks Trigger Heavy Sell-Off
The Nigerian stock market opened the week on a bearish note as investors lost about N1.365 trillion in market value…
NGX ETF Market Suffers Broad Losses as SIAML Pension ETF Drops 40% in Weak Trading…
Exchange Traded Funds (ETFs) on the Nigerian Exchange (NGX) ended the week on a broadly negative note for…
FGN Bond Auction Draws N948bn in Strong Investor Demand Across Three Maturities
Nigeria’s domestic debt market recorded a strong showing in April 2026 as the Federal Government’s latest bond…
Nigeria Stock Market Hits Record N4.14 Trillion in Q1 2026 as Investor…
Nigeria’s stock market has recorded its strongest quarter in history, with total transactions surging to N4.14…
Dangote Refinery Says Petrol, Diesel Prices Are Being Subsidised Amid Rising Crude…
A senior official of the Dangote Group has disclosed that the Dangote Petroleum Refinery is currently subsidising…
FG Moves to Cut Aviation Fuel Costs with Naira-for-Crude Expansion
Nigeria’s federal government is considering a major shift in aviation fuel pricing as a technical committee…
Nigeria Reduces Meta Fine in Data Privacy Case, Shifts Focus to Compliance Reform
Nigeria’s data protection regulator has clarified that the widely reported cancellation of a $32.8 million fine…
Nigeria Eurobond Rally Gains Momentum as Investors Shift to Mid-Term Bets
Nigeria’s Eurobond market is experiencing a strong rally, with yields dropping to their lowest level in four years…
Nigeria Crude Oil Production Hits Five-Year High at 1.71 Million BPD — NNPC…
Nigeria’s crude oil production has climbed to 1.71 million barrels per day between April 2025 and April 2026,…
Naira Outperforms African Currencies Despite Rising FX Pressure
Nigeria’s naira has emerged as one of the strongest-performing currencies in Africa so far in 2026, even as global…