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Nigerian Equities Market Slumps as Investors Lose N2.29 Trillion in One Week
The Nigerian equities market witnessed a sharp downturn last week, as investors lost approximately N2.29 trillion …
Nigeria Targets 2.5 Million Barrels Per Day Oil Output by 2026, Says NUPRC
Nigeria is on track to boost its crude oil output to 2.5 million barrels per day (mbpd) by 2026, according to the…
NNPCL Posts N185bn Profit Despite Debt Burden, Remits N7.9tr to FAAC
The Nigerian National Petroleum Company Limited (NNPCL) reported a profit after tax of ₦185 billion in July 2025,…
Non-Bank Corporates Drive 24% Surge in Nigeria’s FX Inflows as Dollar Bond Hits…
Nigeria recorded a significant boost in foreign exchange inflows in July 2025, climbing 24% to $1.7 billion,…
Nigerian Stock Market Loses N781bn as Sell-Offs Deepen Bearish Sentiment
The Nigerian stock market extended its losing streak on Thursday, shedding N781 billion in market value…
Ghana Pledges Fiscal Stability and Digital Transformation to Boost Private Sector…
Ghana’s government has reaffirmed its commitment to fiscal stability and private sector development as part of…
Nigeria’s FX Reserves Surge to $41bn in August, Highest Level in Nearly Four Years
Nigeria’s foreign exchange reserves have surged past the $41 billion mark in August, recording their strongest…
Technology, analytics to enhance transport systems – Expert
Integrating technology and advanced analytics into transport systems can significantly improve efficiency and road…
FCMB, FMO Launch ₦20 Million AgriTech Investment Programme for Nigerian Startups
First City Monument Bank (FCMB) in partnership with the Dutch Entrepreneurial Development Bank (FMO) has unveiled…
Nigerian Pension Funds Seek Alternative Investments to Protect N24 Trillion Amid…
Operators in the Nigerian pension industry are calling for regulatory reforms to allow broader investment…
Nigeria’s Banking Sector Attracts 55% of Q1 2025 Foreign Capital Inflows Amid…
Foreign investors have shown renewed confidence in Nigeria, with the banking sector emerging as the largest…
FG Fails to Publish Budget Implementation Reports for Nearly a Year, Raising…
The Nigerian government has not released any quarterly Budget Implementation Reports (BIRs) in nearly a year,…
Nigeria Needs 22% Annual Growth, FX Stability to Hit $1 Trillion Economy by 2030 –…
Nigeria’s ambition of becoming a $1 trillion economy by 2030 is achievable but will require bold policy reforms,…
NGX Market Cap Drops N663bn as Bearish Sentiment Persists
The Nigerian Exchange (NGX) extended its bearish streak on Wednesday as equities investors lost N663…
NCC to Publish Quarterly Telecoms Performance Reports Using Consumer Data
The Nigerian Communications Commission (NCC) has announced plans to begin publishing quarterly reports on telecoms…
Nigeria GDP Rebasing Highlights Non-Oil Growth, Real Estate Overtakes Oil in…
Nigeria’s latest Gross Domestic Product (GDP) rebasing has revealed a major shift in the country’s growth…
Ghana Sets Highest Cocoa Farmgate Price in West Africa – COCOBOD Defends Farmers’…
The Ghana Cocoa Board (COCOBOD) has rejected claims that cocoa farmers in Ghana earn less than their counterparts…
Bank of Ghana Bans Unsupported Dollar Payouts to Corporates to Stabilize Forex…
The Bank of Ghana (BoG) has issued a new directive prohibiting banks from allowing large corporates to withdraw…
PepsiCo, DP World Invest $20m in Lagos Facility to Boost Nigeria’s Economy and Job…
The Federal Government has welcomed a fresh wave of foreign investment as PepsiCo and DP World commissioned…
Nigerian Stock Market Extends Losses as CHAMPION, AUSTINLAZ Lead Gainers Despite…
The Nigerian Exchange (NGX) extended its losing streak on Wednesday, August 20, 2025, as the All-Share Index (ASI)…
Global Exchanges Warn of Risks as Public Markets Continue to Shrink
The World Federation of Exchanges (WFE) has raised concerns over the continued decline of public markets, warning…
Nigerian Banks to Raise Extra N900bn in 2025 as Recapitalisation Deadline Nears
Nigerian banks are expected to raise an additional N900 billion in fresh capital by the end of 2025, as…
Google, Microsoft, TikTok Shut Down 13.5m Accounts in Nigeria Over Online Safety…
Big tech companies — Google, Microsoft, and TikTok — deactivated more than 13.5 million accounts in Nigeria in…
Nigeria’s Corporate FX Inflows Surge to $1.2bn in July, Boosting Dollar Liquidity
Nigeria recorded a significant rise in foreign exchange (FX) inflows from corporates in July 2025, providing some…
Edun, Cardoso Vow Stronger Fiscal and Monetary Policy Alignment to Boost Nigeria’s…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Governor of the Central…
DMO to Re-Issue N230bn Treasury Bills as Yields Rise Amid Liquidity Shifts
The Debt Management Office (DMO) has announced plans to re-issue N230 billion worth of Nigerian Treasury…
Tinubu Abolishes 5% Telecom Excise Duty to Reduce Subscriber Costs and Boost…
President Bola Tinubu has officially abolished the five per cent excise duty on telecommunications services as…
Nigeria Content Creators to Explore AI at NEMCEA 2025 Summit in Lagos
Content creators in Nigeria are set to gain fresh insights into the power of artificial intelligence (AI) at this…
How to Buy the Best Bank Stocks in Nigeria: Tier-1 vs Tier-2 Investment…
Nigerian banks dominate the Nigerian Exchange (NGX) with a market capitalization of over ₦16.28 trillion,…
CBN Unveils Digital Finance Roadmap to Boost Financial Inclusion and Economic…
The Central Bank of Nigeria (CBN) has intensified efforts to drive financial inclusion through a comprehensive…