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FX Market Turnover Rises to $1.76bn Amid Sharp Decline in Derivatives Activity
The Nigerian foreign exchange (FX) market recorded a slight uptick in trading activity last week, with total…
Nigeria Eyes $1 Trillion Economy Through Capital Market Reforms and Innovation
The Federal Government of Nigeria has reiterated its ambition to achieve a $1 trillion economy by leveraging…
Nigeria’s exit from FATF grey list will increase investor confidence, says SEC
Nigeria's anticipated removal from the Financial Action Task Force (FATF) grey list is expected to significantly…
Naira Strengthens Slightly to N1,597/$1 Ahead of MPC Meeting Amid Forex, BDC…
The Nigerian naira appreciated slightly to N1,597 per US dollar at the official market on Monday, showing modest…
Market cap sheds N8bn amid mixed trading
The Nigerian Stock Exchange (NGX) began the trading week on May 20, 2025, on a slightly negative note, shedding N8…
Nigeria’s SEC Launches New Digital Platform to Boost Market Transparency and…
The Nigerian Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has officially launched the…
AI to Boost Farm Yields and Reduce Losses in Nigeria – Experts Highlight Potential…
Artificial Intelligence (AI) has the potential to significantly transform Nigeria’s agricultural sector by…
Tinubu Approves Key Licenses for Kolmani Oil Project to Boost Northern Nigeria’s…
President Bola Tinubu has approved the issuance of crucial regulatory licenses for the Kolmani Integrated…
BREAKING: Fidelity Bank confirms Supreme Court ruling on GCappa and Sagecom,…
Fidelity Bank has officially acknowledged a Supreme Court ruling involving a legacy dispute between GCappa and…
DAPPMAN Urges Full Access to Dangote Refinery as NNPCL Refineries Struggle to…
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has stated that its members are…
Tech Entrepreneurs Champion Digital Inclusion on Global Accessibility Awareness…
As part of the global observance of Global Accessibility Awareness Day (GAAD), tech entrepreneurs and industry…
Naira Shows Marginal Gains as Exchange Rate Gap Widens, Inflation Eases Slightly
The Nigerian naira ended the week with a slight appreciation against the U.S. dollar, closing at ₦1,599.01/$1 in…
Shell Reports 122% Surge in Oil Spills in Nigeria for 2024, Blaming Equipment…
Shell Plc has reported a staggering 122% increase in oil spill incidents in Nigeria in 2024, compared to the…
FX Market on Edge as BDCs Scramble to Meet CBN’s Recapitalisation Deadline
The Nigerian foreign exchange market is witnessing growing tension as Bureau De Change (BDC) operators rush to…
Afetsi Awoonor Honoured with Millennium Excellence Award for Energy Leadership and…
Afetsi Awoonor, Managing Director of the Bulk Oil Storage and Transportation Company Limited (BOST), has been…
Unilever Nigeria Reports 65% Profit Surge in Q1 2025 Amid Strong Consumer Focus
Unilever Nigeria Plc has announced a substantial 65% increase in its net profit for the first quarter of 2025, as…
Kaduna Targets Foreign Investment to Tackle Illegal Mining and Drive Green Growth
Kaduna State is actively seeking foreign investment to transform its solid minerals sector, combat illegal mining,…
Dyna.Ai Launches in Nigeria to Revolutionize Financial Services with AI…
Dyna.Ai, a global Artificial Intelligence-as-a-Service (AIaaS) firm headquartered in Singapore, officially…
Telcos plan virtual network operators summit
Nigeria’s telecommunications industry is gearing up for a major transformation as the country prepares to host…
CBN Reduces Federal Government Loans by ₦4.1tn Amid Major Policy Shift
The Central Bank of Nigeria (CBN) significantly reduced its net loans and receivables by over ₦4.1 trillion in…
Nigeria’s Inflation Rate Eases to 23.7% in April – NBS Report Shows Slight Relief
In a new report released by the National Bureau of Statistics (NBS), Nigeria's headline inflation rate dropped…
Naira Gains Ground Against Dollar as Forex Liquidity Improves
The Naira continued its recent upward momentum on Wednesday, closing at ₦1,596.70 per US dollar in the official…
Bank of Ghana Governor Calls for Continental Coordination to Boost Digital Finance…
Dr. Johnson Asiama, Governor of the Bank of Ghana, has stressed the importance of scaling digital assets and…
BoG to Restrict Over-the-Counter Dollar Withdrawals as Cedi Strengthens-Ghana
Ghana’s central bank is stepping up its efforts to protect the cedi’s recent gains by targeting over-the-counter…
Federal Gov’t Unveils $500m Climate Investment Platform, Targeting Sustainable…
The Nigerian government has launched the Nigerian Climate Investment Platform (NCIP), a pioneering initiative…
U.S.-Iran Deal Impact Weighs on Nigerian Crude, Obodo Oil Debuts Amid Global…
Nigerian crude oil is facing mounting pressure in the global market due to potential negotiations between Iran and…
Digital Lending Surge in Nigeria: 425 Licensed Lenders Amid Concerns Over…
The number of licensed digital lending companies in Nigeria has surged to 425 as of May 2025, a significant…
Overcoming Challenges in Africa’s Migration Fintech Ecosystem: A Strategic…
The migration fintech sector in Africa holds vast potential but faces significant challenges due to varying…
Nigerian Stock Market Sees 0.27% Gain with NNFM, Champion Breweries, and Others…
The Nigerian stock market continued its positive momentum on Wednesday, as the All-Share Index (ASI) increased by…
Nigeria Joins Global Network to Implement Sustainable Finance Standards, Boosting…
Nigeria has officially joined the Global Emerging Markets Committee (GEMC) Network, which focuses on implementing…