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Nigeria’s Food Import Bill Hits N7.65 Trillion in 2025 Amid Rising Domestic Demand
Nigeria’s spending on imported food and beverages surged to N7.65 trillion in 2025, signaling the country’s growing…
Nigeria Launches N10 Billion Fund to Boost Greenfield Sugar Projects
The National Sugar Development Council (NSDC) and the Bank of Industry (BOI) have teamed up to establish a N10…
NGX Loses N107bn as Profit-Taking Deepens Bearish Sentiment in Nigerian Stock…
Trading activities on the Nigerian Exchange Limited closed on a slightly negative note on Wednesday as investors…
Nigeria Spent $5.2bn Servicing External Debt in 2025 – CBN Data Reveals Rising…
Nigeria spent about $5.21bn servicing external debt in 2025, according to data released by the Central Bank of…
Seplat Energy to Drill 17 Wells in 2026, Targets 155,000 Barrels Daily Output
Seplat Energy Plc has unveiled an ambitious plan to drill 17 new wells in 2026 as part of efforts to expand…
CBN Deploys AI-Powered Surveillance to Track Money Laundering in Nigerian Banks
The Central Bank of Nigeria (CBN) has taken a major step to curb financial crime by mandating banks and financial…
NTB Subscription Falls to N6.13 Trillion Amid Low Yields and Policy Adjustments
The Nigerian Treasury Bills (NTB) market has witnessed a significant decline in investor subscription, dropping to…
Nigerian Companies Report N19.81 Trillion Operating Expenses Amid Inflation and FX…
Despite a gradual decline in Nigeria’s inflation rate to 15.51% and relative stability in the foreign exchange…
NGX All-Share Index Falls Below 197,000, Market Loses 0.57% Amid Mixed Trading
The Nigerian Exchange Group (NGX) All-Share Index closed the trading session on March 10, 2026, on a negative note,…
Dangote Refinery Dominates Nigeria’s Petrol Market as FG Halts Imports
Nigeria’s petrol market is witnessing a historic shift as the Dangote Petroleum Refinery now supplies about 92% of…
FG Approves Bonga Southwest Aparo Project, Eyes $20bn Oil Investment
The Federal Government of Nigeria has given the green light to the Bonga Southwest Aparo project, a long-delayed…
FG Deploys 100,000 CNG Kits as Nigerians Face Near N3 Trillion Fuel Spend in March
The Federal Government has announced the immediate nationwide rollout of about 100,000 Compressed Natural Gas (CNG)…
TECNO Camon 50 Series Launches with Advanced AI Features for Nigeria’s Digital…
TECNO Mobile has officially unveiled its latest flagship lineup, the Camon 50 Series, signaling a stronger push…
Naira Hits N1,400/$ Amid Global Tensions: What This Means for Nigeria’s FX Market
The naira traded at N1,401.4 per dollar on Tuesday at Nigeria’s official foreign exchange (FX) market, marking a…
Dangote Reduces Petrol Prices by ₦100 Amid Global Oil Volatility: What Nigerians…
Dangote Petroleum Refinery announced a ₦100 reduction in the ex-depot price of Premium Motor Spirit (PMS)…
Oil Price Surge Boosts Naira Stability and Strengthens Nigeria’s FX Reserves
Nigeria is witnessing a renewed boost to its foreign exchange reserves and naira stability, thanks to surging…
SEC Launches FinTech Clinic to Crack Down on Unregistered Digital Platforms in…
The Securities and Exchange Commission (SEC) has taken a proactive step to regulate Nigeria’s rapidly expanding…
Nigeria’s 4.07% GDP Growth Strengthens Economic Shield Amid Middle East Oil Crisis
Nigeria’s robust economic performance is positioning the country to withstand potential shocks from rising tensions…
AI-Driven Fraud Surges in Africa’s Fintech Sector: Nigeria Leads Fight Against…
Artificial intelligence-driven fraud is rapidly escalating across Africa’s fintech sector, alarming regulators and…
Nigeria Non-Oil Exports Hit N12.36 Trillion in 2025 as Economy Diversifies Beyond…
Nigeria’s non-oil exports reached N12.36 trillion in 2025, marking a significant milestone in the country’s…
Tinubu Meets Taiwo Oyedele to Drive Fiscal and Tax Reforms in Nigeria
President Bola Tinubu yesterday welcomed Taiwo Oyedele, the Minister of State for Finance-designate, at the State…
Aradel and FTG Insurance Propel Nigerian Stock Market to N31.23bn in Trading Surge
The Nigerian stock market opened the second week of March with a strong performance, as heavy trading activity…
Why the Naira May Hover Around N1,400: Insights into Nigeria’s Currency Outlook
Nigeria’s Naira has returned to the N1,400 mark, reversing the optimism seen just weeks ago when many believed the…
Conoil, NGX Group, and Oando Boost Nigerian Stock Market by N147bn
The Nigerian stock market kicked off the week on a strong note on Monday, recording a total gain of N147 billion as…
SEC Calls for Stronger Women Participation in Nigeria’s Capital Market
The Securities and Exchange Commission (SEC) has called for stronger participation of women in Nigeria’s capital…
NSE Futures Margins Increased as Derivatives Trading Hits Record KSh 140.9…
The Nairobi Securities Exchange (NSE) has announced a significant revision of futures margins following a record…
Kenya’s Financial System Liquidity Hits Record KSh6 Trillion, Driven by Banking…
Kenya’s financial system has hit a historic milestone, with total liquidity surpassing KSh6 trillion for the first…
AfDB Launches $25 Trillion Aviation Investment Plan to Boost Africa’s Air Travel…
The African Development Bank Group (AfDB) has unveiled a continent-wide financing platform aimed at transforming…
Manufacturing VAT Surges 54.7% to N875bn in 9 Months as Nigeria’s Industrial…
Nigeria’s manufacturing sector has significantly boosted Value Added Tax (VAT) revenue, with payments reaching…
Nigeria Aims to Surpass $48.3 Billion in Trade Deals at Intra-African Trade Fair…
Nigeria is preparing to host the fifth edition of the Intra-African Trade Fair (IATF) in Lagos from November 5 to…