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Fuel Taxes Push KRA Revenue Past Target in December 2025
Kenya Revenue Authority (KRA) closed December 2025 on a high note, exceeding its monthly revenue target, thanks…
Ghana Chamber of Mines Urges Review of Mining Fiscal Plan to Boost Investment
The Ghana Chamber of Mines has urged the government to rethink its proposed mining fiscal framework, emphasizing…
CBN Urges Nigerian Banks to Act Faster Against Rising Digital Fraud Threats
The Central Bank of Nigeria (CBN) has called on banks and financial institutions to take faster and more…
Naira Mid-Week Update: Official Rate Holds at N1,423/$ While Parallel Market Hits…
The Nigerian naira maintained relative stability at the official foreign exchange market mid-week, closing at…
Nigeria Produces 554 Million Barrels of Oil in 2025 as Daily Output Hits 1.63 mbpd
Nigeria’s crude oil and condensate production totaled 554.4 million barrels in 2025, according to the Nigerian…
Economist Warns: New Sugar Tax on Soft Drinks Could Hurt Nigeria’s Economy
The Centre for the Promotion of Private Enterprise (CPPE) has raised serious concerns over proposals to introduce…
NGX Records N6.88bn Growth as Equities Show Modest Gains Amid Positive Market…
The Nigerian Exchange Limited (NGX) ended Wednesday’s trading session on a positive note, posting a modest market…
CBN Sells N1.15tn Treasury Bills as Investors Eye Rising Yields
The Central Bank of Nigeria (CBN) is set to auction N1.15 trillion worth of Treasury bills in its second auction…
Yuletide Rush: Nigerians Spent N1.58 Trillion on Petrol in December 2025 — NMDPRA…
Nigerians spent an estimated N1.58 trillion on petrol in December 2025, highlighting the heavy cost of fuel during…
Nigerians spend N1.54tn on beer, others in nine months
Nigerians spent an estimated N1.54 trillion on beer and other non-alcoholic drinks in the first nine months of…
Nigeria’s Livestock Sector Set to Hit $74bn GDP in 10 Years – FG Plans Major Boost
The Federal Government has unveiled ambitious plans to expand Nigeria’s livestock sector, aiming to increase its…
West Africa IMT 2026: Turning Trade Gains into Manufacturing Growth
West Africa is poised to transform its rising trade gains into tangible industrial growth at the upcoming West…
$16B Post-PIA Investment Spurs Gradual Recovery in Nigeria’s Oil Sector
Nigeria’s oil and gas sector is showing early signs of recovery, driven by regulatory reforms, rising indigenous…
Global Oil Prices Fall Below Nigeria’s $64.85 Budget Benchmark Amid Oversupply…
Global oil prices fell sharply on Wednesday, dipping below Nigeria’s 2026 budget benchmark of $64.85 per barrel,…
FGN to Repay N1.03 Trillion Bond on January 22: Implications for Nigeria’s Debt…
The federal government is set to repay up to N1.03 trillion in bond maturities on January 22, 2026, marking one of…
Lagos Port Haulage Costs Drop by 65% as Ètò System Transforms Cargo Logistics
Lagos importers are breathing a sigh of relief as cargo haulage costs at Tin Can Island and Apapa seaports have…
FG Targets N900bn Domestic Borrowing with High-Yield Bonds in January Auction
The Federal Government of Nigeria (FG) is set to raise N900 billion from the domestic market by offering high-yield…
Bank Lending Hits 14-Month Low Amid Recapitalisation Pressures in Nigeria
Nigeria’s banking sector recorded a sharp slowdown in credit extension, with total loans dropping to N52.656…
NCC Shifts Focus to Competition and Consumer Experience After Tariff Hikes
Months after Nigerian telecom subscribers began paying higher tariffs for voice and data services, the Nigerian…
International Breweries Appoints Nicholas Kade as New Managing Director
International Breweries Plc (IBPLC) has announced the appointment of Nicholas Kade as its new Managing Director,…
Seplat Energy Begins Gas Production at ANOH Project, Boosting Nigeria’s Domestic…
Seplat Energy Plc has commenced gas production from its 300 million standard cubic feet per day (MMcfd) Assa…
NGX Rebounds as Stocks Gain, Market Capitalisation Rises by N93bn
The Nigerian Exchange (NGX) bounced back on Tuesday, reversing the losses recorded in the previous session…
Domestic Refineries Poised to Cut Petrol Imports as Local Capacity Rises in 2026
Domestic oil refiners in Nigeria say the country is on the verge of drastically reducing petrol imports in 2026, as…
CBN Economic Reforms Drive Growth and Tame Inflation in Nigeria
Nigeria’s economy is showing early signs of recovery as the Central Bank of Nigeria (CBN) forecasts stronger growth…
Nigeria Non-Oil Exports Hit $6.1 Billion in 2025 as Country Boosts Global Trade…
Nigeria’s non-oil export sector achieved a historic milestone in 2025, recording total earnings of $6.1 billion—an…
Seplat CEO Highlights Critical Role of Oil and Gas in Nigeria’s Energy Mix
Seplat Energy Plc’s Chief Executive Officer, Roger Brown, has reaffirmed that oil and gas will continue to play a…
French Wine Tariffs Spark European Market Sell-Off as Trump Threatens 200% Duty
European stocks fell sharply on Tuesday as markets reacted to President Donald Trump’s escalating trade threats…
Nigerian Stock Market Dips by N11bn as Week Begins on a Cautious Note
The Nigerian equities market opened the week on a cautious note yesterday, recording a slight decline in value as…
DMO to Raise N900 Billion in January 2026 Bond Auction: Investment Opportunity for…
The Debt Management Office (DMO) has revealed plans for the Federal Government to raise N900 billion through the…
NEM, First HoldCo, Africa Prudential Among Top Nigerian Stocks to Watch This Week
Nigerian stocks continued their upward momentum last week, marking the third consecutive week of gains, led…