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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…
Tinubu Making Courageous Decisions To Fix Nigeria’s Economy – VP Shettima
Vice President Kashim Shettima praised President Bola Ahmed Tinubu for making courageous and transformative…
Foreign Investors Withdraw N420bn from Nigerian Stock Market Amid Economic…
In the first quarter of 2025, foreign investors pulled out a massive N420.37 billion from the Nigerian Stock…
FCMB Rewards 116 Customers in Millionaire Promo Season 10
In a heartwarming display of customer appreciation, First City Monument Bank (FCMB) has once again rewarded loyal…
GUTA President Urges Urgent VAT Reform to Cut Business Costs Ahead of 2025…
As someone following Ghana's business climate closely, I found it striking that the President of the Ghana Union…
World Bank Flags NNPCL for Withholding Half of Fuel Subsidy Savings
The World Bank has raised a red flag over the Nigerian National Petroleum Company Limited (NNPCL) for remitting…
Dangote Refinery Maintenance Spurs Fuel Import Surge as Nigeria Turns to Europe
The recent dip in output from the Dangote Petroleum Refinery has triggered a notable rise in fuel imports across…
NGX Market Gains N186bn Amid Bullish Sentiment, Consumer Goods and Banking Stocks…
Investors at the Nigerian Exchange (NGX) recorded significant gains on Wednesday, May 15, 2025, as market…
NNPC Cuts Petrol Price to ₦910/Litre in Abuja Amidst Dangote’s Market Push
In a move that signals a growing shift in Nigeria’s fuel market dynamics, the Nigerian National Petroleum Company…
Lagos Rakes in Over N1 Trillion in Investments, Sets Sights on 2025 Economic…
In a major economic milestone, the Lagos State Government has announced that it attracted over N1 trillion in…
CBN Gears Up for Historic 300th MPC Meeting Amid Signs of Economic Recover
The Central Bank of Nigeria (CBN) is set to hold its 300th Monetary Policy Committee (MPC) meeting on May 19–20,…
NGX Bounces Back with N314 Billion Gain as Investors Hunt for Bargains
The Nigerian Exchange (NGX) saw a strong rebound yesterday, reversing earlier losses as investors took advantage…
Cyber Talent Drain Threatens Nigeria’s Digital Defenses
Nigeria is facing an escalating cybersecurity crisis due to a severe shortage of skilled professionals, just as…