Nigeria to Host Global Gas Investment Forum 2025 in Lagos, Attracting Top Energy Leaders
Nigeria is set to host leading global gas investors and industry executives this October as preparations intensify for the 2025…
Category: Local
Accesscorp, MTNN, Others Drive NGX Growth as Market Gains N61bn
The Nigerian Exchange (NGX) kicked off the new trading week on a bullish note as the benchmark All-Share Index (ASI)…
CBN Unveils Digital Roadmap to Boost Financial Inclusion in Nigeria
The Central Bank of Nigeria (CBN) has intensified its push for a digitally empowered economy through a roadmap designed to…
Nigeria Forex Reserves Surpass $40 Billion as Oil Output and Forex Inflows Rise
Nigeria’s Foreign Exchange Reserves Climb Above $40 Billion Mark Nigeria’s foreign exchange reserves have surged past the $40 billion threshold,…
Nigeria Sustains Oil Production Above OPEC Quota for Second Straight Month
Nigeria’s crude oil production exceeded its OPEC quota for the second consecutive month, hitting an average of 1.507 million barrels…
Food Price Surge Threatens Inflation Gains, CPPE Warns — Urges Structural Reforms
Despite a decline in headline inflation for the fourth consecutive month, the Centre for the Promotion of Private Enterprise (CPPE)…
Top 10 Nigerian Stocks with Highest Dividend Payouts in H1 2025 — Over N927 Billion Returned to Investors
In the first half of 2025, Nigerian listed companies returned a staggering ₦927.63 billion in cash dividends to shareholders, marking…
Telecom Operators Warn of Investment Drop in Nigerian States with Hostile Policies – ALTON
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has raised concerns that some Nigerian states may miss out on…
MTN Nigeria’s Operating Cash Flow Hits N956bn, Highest in a Decade, as Profit Soars 180%
MTN Nigeria Communications Plc has posted its strongest cash flow performance in a decade, with cash generated from operations rising…
Nigeria Pushes $1 Trillion Digital Economy Ambition with GITEX 2025 Tech Summit in Abuja and Lagos
Nigeria is accelerating its ambition to build a $1 trillion digital economy by 2030, driven by a dynamic ecosystem of…
Nigeria’s Currency Outside Banks Falls to N4.49trn in June, Still 90% of Cash in Circulation
Currency outside Nigeria’s formal banking sector dropped slightly to N4.49 trillion in June 2025, compared to N4.63 trillion in May, according to…
NAICOM Sets July 2026 Deadline for New Insurance Capital Requirements Under NIIRA 2025
The National Insurance Commission (NAICOM) has given insurance and reinsurance companies in Nigeria a 12-month deadline to comply with the…
NCC Cracks Down on Poor Telecom Services with New Governance, Cybersecurity, and QoE Reforms
Nigeria’s telecom operators are facing heightened regulatory pressure as the Nigerian Communications Commission (NCC) unveils sweeping reforms to improve service…
Stable Naira, Harvest Season Expected to Ease Nigeria’s Inflation – Analysts
Nigeria’s inflation outlook is showing signs of relief as analysts project further easing in the coming months, supported by stable…
NNPC–Sahara JV, WAGL Energy, Expands LPG Fleet Beyond 160,000 Cubic Meters
WAGL Energy Limited, a joint venture between the Nigerian National Petroleum Company (NNPC) Limited and Sahara Group, has boosted its…
T-bill Auction Undersubscribed as Investors Shift Amid Falling Yields
The latest treasury bill auction in Ghana ended in a 35 percent undersubscription, reflecting weakening investor appetite for government short-term…
Nigerian Equities Market Loses N713bn in One Week as Investors Rotate Portfolios
The Nigerian Exchange (NGX) closed the week ended August 15, 2025, in negative territory as the equities market shed N713 billion…
Nigeria Capital Market Soars on Policy Reforms, But Sustainability Questions Remain
Nigeria’s capital market is experiencing one of its strongest rallies in history, driven by sweeping policy reforms. Market capitalization has…
Tinubu Appoints Opeyemi Agbaje PENCOM Chairman
President Bola Tinubu has appointed strategic policy analyst, Opeyemi Agbaje, as the Chairman of the National Pension Commission. Mr Agbaje…
Over 4,000 Companies Yet To Complete E-Invoicing System Onboarding – FIRS Official
The Federal Inland Revenue Service (FIRS) says more than 4,000 large taxpayers in Nigeria are yet to complete the onboarding…
FCMB And FMO Unveil ₦20 Million AgriTech Investment Readiness Programme For Nigerian Startups
In a bid to foster innovation and sustainability in agriculture, First City Monument Bank (FCMB) and the Dutch Entrepreneurial Development…
Cyber Attack Disrupts Nigeria Customs Cargo Clearance, Importers Face Demurrage Losses
A cyber attack on the Nigeria Customs Service’s (NCS) Information Communication Technology (ICT) platform caused major disruptions to cargo clearance…
Insurance Stocks Surge in Nigeria as NIIRA 2024 Sparks Investor Confidence
The Nigerian stock market maintained its bullish streak for the 11th consecutive week, with the All-Share Index (ASI) climbing 4,491.86…
Naira Holds Longest Stability Streak of 2025 as Dollar Weakens and Reserves Climb
The naira is experiencing its most prolonged period of stability this year, trading within a narrow range of ₦1,520 to…
Nigerian Breweries, MTN, Nestlé Set to Revive Dividend Payouts in 2026 as Profits Surge
After two years of foreign exchange volatility and soaring finance costs that forced top Nigerian companies to halt shareholder rewards,…
Nigeria Inflation to Ease in July 2025 as Harvest Season and Naira Stability Offer Relief
Nigeria’s headline inflation is expected to ease slightly in July 2025, with analysts projecting year-on-year figures between 22.20% and 22.80%,…
Afri Invoice Creates 150 Marketing Roles to Drive SME Digital Transformation in Nigeria
Afri Invoice, Nigeria’s first locally developed e-invoicing platform, has launched a recruitment campaign to fill 150 new marketing roles across…
Nigeria’s Inflation to Drop to 21.79% in July as Naira Stays Stable – Rewane Forecasts Rate Cut
Nigeria’s inflation rate is expected to fall to 21.79% in July, marking the fourth consecutive monthly decline and the lowest…
Trust Issues and High Bank Fees Keep 25% of Nigerians Unbanked – World Bank Report
A quarter of Nigerians without bank accounts say mistrust of financial institutions and high service charges are preventing them from…
NLC Urges FG to Sell Crude to Dangote Refinery in Naira, End Foreign Oil Dependence
The Nigerian Labour Congress (NLC) has called on the Federal Government to stop the importation of crude oil for the…