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Tax: UBA Hosts Knowledge Series for SMEs, Business Owners
United Bank for Africa (UBA) Plc is organizing a special Knowledge Series webinar to educate Small and Medium…
FG Unveils 2025 Outlook for Economic Diversification and Prosperity
The Nigerian government, led by Dr. Jumoke Oduwole, Minister of Industry, Trade, and Investment, is prioritizing…
SEC Warns Against Investing in Risevest and Stecs Cooperative Societies
The Securities and Exchange Commission (SEC) has issued a warning to the public, advising against engaging with…
PenCom releases additional N22bn for pension’s settlement
The National Pension Commission (PenCom) announced that the Office of the Accountant General of the Federation…
Telcos await NCC guidelines on 50% tariff hike
Telecommunications operators in Nigeria are awaiting guidelines from the Nigerian Communications Commission (NCC)…
MTN, Transcorp Power Drive Stock Market Gains
The Nigerian stock market ended the week on a strong note, largely driven by increased demand for MTN Nigeria…
Forex spending on foreign education, health defy naira depreciation
Despite the sharp depreciation of the naira, Nigerians increased their spending on foreign education and…
Equity market gains N794bn in one week
The Nigerian equity market experienced significant growth last week, with the All-Share Index rising by 1.22% to…
Telecom regulators hail Nigeria’s spectrum management initiatives
Telecom regulators from West Africa and the Caribbean have commended Nigeria’s spectrum management strategies as a…
Inflation rebasing drives N2.49trn T-bills oversubscription, expectations of rate…
Nigeria’s one-year Treasury bill auction was oversubscribed by N2.49 trillion as investors rushed to lock in…
Stanbic IBTC Allocates 27% of Rights Issue Proceeds to Support SMEs and Commercial…
Stanbic IBTC Holdings Plc has unveiled plans to invest 27% of the N148.71 billion raised from its ongoing rights…
Africa Rising as an Investment Hub Says Shettima
Vice-President Kashim Shettima urged global investors to seize business opportunities in Nigeria during the 2025…
Net income of SFS REIT Fund hits 12-year high
SFS Real Estate Investment Trust Fund (SFS REIT Fund) achieved its highest net income in 12 years, recording a…
50% telecom tariff hike sparks heated debate
The Nigerian Communications Commission’s (NCC) recent approval of a 50% increase in telecom tariffs has sparked…
MTN Leads Market Rally as Investors Gain N471.37bn
Investors on the Nigerian Exchange experienced a significant boost on Tuesday, with a total market gain of…
Interest Rate: PFAs raise investment in FGN securities by 17.7% to N13.8trn
Pension Fund Administrators (PFAs) have significantly increased their investments in Federal Government (FGN)…
Buy interest in Oando, 31 Others Lift Stock Market by 0.02%
The Nigerian stock market began the week on a positive note, increasing by 0.02% amid strong demand for Oando Plc…
Tinubu’s Economic Reforms Aiming for Long-Term Growth and Poverty Reduction
President Bola Ahmed Tinubu’s administration is stabilizing Nigeria's economy through significant socio-economic…
Nigeria Seeks Global Mining Partnerships to Boost Economy
Nigeria has reaffirmed its commitment to attracting global investment in its mining sector as part of broader…
Poor Network Services Frustrate Maiduguri Residents
Residents of Maiduguri, Borno State, are facing persistent challenges with mobile network services, particularly…
Sokoto Strengthens Investment Drive with New Board Inauguration
Governor Ahmed Aliyu has inaugurated the Chairman and Board members of the Sokoto Investment Company, reaffirming…
Weak Naira Attracted Tourists and Boosted Economy in December
The depreciation of Nigeria’s local currency, the naira, significantly influenced international tourism and…
NASD OTC Exchange Sees Record Growth with 224% Return
In 2024, Nigeria's NASD OTC Securities Exchange saw a significant increase in turnover, with the NASD Securities…
Recapitalisation: Access Holdings’ market cap hits N1.3tr
Access Holdings Plc has concluded its recapitalization process with 17.77 billion additional shares at the…
High Interest Rate: Manufacturers cut back on bank loans
The Central Bank of Nigeria’s (CBN) aggressive monetary tightening has driven manufacturers to cut back on bank…
Government Targets Passage Of Digital Economy Bill By Q2
The Federal Government of Nigeria aims to pass the Digital Economy Bill by the second quarter of 2025 as part of…
Rising Debt Burden Hits Nigerian Firms as Liabilities Reach N3.6tn
A recent report has revealed that 15 listed companies on the Nigerian Exchange Limited recorded a combined…
Government Ensures Quality Service as Telecom Tariff Hike Looms
The Nigerian government has pledged to improve telecom service quality as it prepares for an upcoming tariff…
Crypto Scams and AI Cyberattacks Threaten Nigeria’s Digital Security
Nigeria’s cybersecurity landscape in 2025 is expected to be dominated by cryptocurrency scams and AI-driven…
Equity market loses N1.45tn in one week
The Nigerian equity market experienced significant losses last week, dropping by 2.94% to close at 102,353.68…