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SEC Sets 5pm T+1 Settlement Deadline for Equities, Commodities Trades
The Securities and Exchange Commission has set 5:00 p.m. on the first business day after a transaction (T+1) as the…
Nigeria Targets Fresh Capital to Close $200 Billion Gas Infrastructure Gap
Nigeria is intensifying efforts to attract private and international funding into its gas sector as the country…
NFEM Turnover Falls to $185 Million, Hits 11-Week Low as FX Activity Slows
Foreign exchange activity on Nigeria’s official market took a sharp hit on August 11, with Nigerian Foreign…
Nigeria’s Crude Oil Output Stays Above 1.5 Million bpd Despite July Dip
Nigeria’s crude oil production remained above the 1.5 million barrels per day (bpd) mark for the third consecutive…
CBN Raises 364-Day Treasury Bill Rate to 17.59% Despite N4.4 Trillion Demand
The Central Bank of Nigeria (CBN) has raised the stop rate on its 364-day Treasury Bill to 17.59%, surprising…
NRS Tax Reforms Reshape Nigeria’s Economy as Revenue Hits N21.6 Trillion
Nigeria’s tax system is entering a new era as the Nigeria Revenue Service (NRS) pushes reforms aimed at changing…
T-Bill Yields Slide as Investors Chase N700bn CBN Auction
T-bill yields edged lower on Monday as investors stepped up demand for short-term government securities ahead of…
Nigeria’s Rising Debt Service Threatens Social Spending as AfDB Raises Alarm
Nigeria’s growing debt obligations are putting increasing pressure on government spending, with the African…
Lagos Tasks HR Leaders to Prepare Nigeria’s Workforce for the AI Era
Lagos State has called on human resources executives to take a more active role in preparing Nigeria’s workforce…
Nigeria’s reform success hinges on living standard
Nigeria’s economic reforms may be showing signs of progress, but experts and policymakers say the real test is…
NCC Raises Alarm as Over 5,000 Fibre Cuts Disrupt Nigeria’s Digital Economy
The Nigerian Communications Commission (NCC) has raised concerns over the growing damage to Nigeria’s…
Nigeria Can Turn Global Trade Tensions Into Economic Growth, Afreximbank Says
Nigeria and other African economies could turn rising global trade tensions and supply chain disruptions into an…
Nigerians Feel the Squeeze as VAT Adds to Rising Cost of Living
Nigerians are increasingly feeling the pressure of Value Added Tax (VAT) as rising prices and a persistent…
Nigeria Rewrites Deepwater Rules, Targets $50bn Fresh Oil Investment
Nigeria is making a major push to revive its deepwater oil industry, introducing a new rules-based incentive…
Nigeria’s Oil and Gas Sector Gets Fresh Boost as Stakeholders See Brighter Future
Nigeria’s oil and gas sector may be entering a new chapter as regulators, industry operators and investors point to…
53.7 Million Barrels of Crude Oil Supplied to Nigerian Refineries in Q2 2026
Nigeria’s domestic refining sector received a major boost in the second quarter of 2026, as 53.7 million barrels of…
Nigeria’s Domestic Debt Service Jumps 20% to N3.14tn as Interest Costs Surge
Nigeria’s domestic debt burden is getting more expensive, with debt service rising by 20.3 percent to N3.14…
Nigeria Targets Full Local Crude Refining by 2030 as Dangote Refinery Expands
Nigeria is moving toward a major shift in its oil industry, with plans to refine all of its crude oil locally by…
Nigeria’s Internet Boom Hits ₦6.6tn as Data Consumption Soars
Nigeria’s growing appetite for the internet has reached a staggering level, with data consumption estimated at…
CardinalStone, Finmal Finance and Lambeth Capital Lead NGX Trading Rankings
The Nigerian Exchange Limited (NGX) recorded another week of concentrated trading activity as CardinalStone…
FX Reforms Begin to Stabilise Nigeria’s Economy, Says NRS Chairman
Nigeria’s foreign exchange reforms are beginning to reshape the country’s economy, with the Chairman of the Nigeria…
SEC Launches Nationwide Campaign to Help Nigerians Recover Unclaimed Dividends,…
The Securities and Exchange Commission (SEC) has launched a nationwide awareness campaign to help Nigerians recover…
Tinubu unveils plan to double Nigeria’s $32bn livestock economy, promotes…
President Bola Tinubu has unveiled an ambitious plan to more than double Nigeria’s livestock economy from an…
Nigeria’s Consumer Credit Slumps by ₦939bn as High Rates Squeeze Households
Nigeria’s consumer credit market has suffered a major ₦939 billion decline, highlighting growing pressure on…
Recapitalisation Row: FG Orders NAICOM to Suspend Disputed Insurance Fees
The Federal Government has stepped into a growing dispute between the National Insurance Commission (NAICOM) and…
Dangote Refinery Challenges NUPRC Over 15.5m Barrels of Crude Oil
A fresh dispute has emerged between the Dangote Petroleum Refinery and the Nigerian Upstream Petroleum Regulatory…
NERC Dissolves Kaduna DisCo Board Over ₦456.5bn Debt Crisis
The Nigerian Electricity Regulatory Commission (NERC) has dissolved the board of Kaduna Electricity Distribution…
NGX Sets New Equity Pricing Rules to Curb Market Distortions
The Nigerian Exchange Limited (NGX) is set to introduce a new equity pricing framework from August 17, 2026, in a…
SEC Urges FCTA to Tap N217trn Capital Market for Abuja Infrastructure
The Securities and Exchange Commission (SEC) has called on the Federal Capital Territory Administration (FCTA) to…
Fuel Subsidy Could Have Sent Naira to ₦3,500/$, NRS Chairman Says
Nigeria’s fuel subsidy could have ballooned to about ₦53 trillion and pushed the naira exchange rate to around…