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Dangote Refinery Signs $350M Deal with EIL to Double Production Capacity
Engineers India Limited (EIL), a leading Indian engineering consultancy firm, has signed a $350 million contract…
Nigeria’s Economy Set to Grow by 4.4% in 2026 Amid Policy Reforms
Nigeria’s economy is on a steady recovery path, with the International Monetary Fund (IMF) projecting a growth rate…
IMF and World Bank Upgrade Nigeria’s Economic Growth Outlook to 4.4% in 2026
The International Monetary Fund (IMF) has revised Nigeria’s economic growth forecast upward to 4.4% in 2026 and…
NCC Launches 2026–2030 Spectrum Roadmap to Boost Broadband and Digital Investments…
The Nigerian Communications Commission (NCC) has unveiled its Spectrum Roadmap 2026–2030, signaling a major step…
Microfinance Banks’ Non-Financial Assets Hit Record N358.8 Billion in June 2025
Non-financial assets held by Nigerian microfinance banks have surged to a record N358.787 billion as of June 2025,…
NSLTECH and Access Holdings Drive Trading as Nigerian All-Share Index Dips 0.01%
The Nigerian All-Share Index (ASI) edged slightly lower on Monday, January 19, 2026, closing at 166,112.5 points, a…
Nigeria’s Non-Oil Exports Hit Record $6.1 Billion in 2025 – NEPC Reports Historic…
Nigeria’s non-oil exports reached an all-time high of $6.1 billion in 2025, according to the Nigerian Export…
SEC Capital Hike Triggers Survival Test for Nigeria’s Capital Market Operators
Nigeria’s Securities and Exchange Commission (SEC) has announced the most sweeping capital market reform in over a…
CBN Bank Recapitalisation: How Nigeria’s Lenders Are Becoming Financial…
Nigeria’s banking sector is undergoing a profound reset as the Central Bank of Nigeria (CBN) drives one of the most…
ATM Withdrawals Jump 196% to ₦36.3 Trillion in H1 2025 — CBN Data Shows Surge in…
Automated teller machine (ATM) withdrawals in Nigeria surged sharply in the first half of 2025,…
Dangote Petrol Price Unmatched: No Filling Station Sells Cheaper Than N739
Oil marketers in Nigeria have dismissed reports that some filling stations are selling petrol cheaper than the N739…
SEC Strengthens Nigerian Capital Market with Tenor Limits and Capital Boost
In a recent series of decisive moves, the Securities and Exchange Commission (SEC), under the leadership of…
IMF Raises Nigeria’s 2026 Economic Growth Forecast to 4.4%
The International Monetary Fund (IMF) has revised Nigeria’s economic growth forecast for 2026 upward to 4.4%,…
Heirs Energies Boosts Oil Production to 50,000bpd in Five Years, Strengthening…
Heirs Energies has announced a major operational milestone, revealing that it has sustainably doubled its…
Naira Ends Week at N1,417.95/$ as Nigeria’s External Reserves Rally
The naira closed the week on a positive note, trading at N1,417.95 per dollar in Nigeria’s official foreign…
New Tax Laws Set to Boost SMEs’ Growth in Nigeria
Nigeria’s recently enacted tax laws are expected to provide a major boost for small and medium-sized enterprises…
NGX Market Capitalization Hits N217.7 Trillion Amid Strong Equities and ETF Growth
The Nigerian Exchange (NGX) recorded a remarkable surge in total market capitalization, closing mid-January 2026 at…
Nigerian Stock Market Surges N2.6 Trillion as Positive Momentum Continues in 2026
The Nigerian stock market continued its strong performance in the second week of 2026, adding N2.6 trillion to its…
SEC’s New Capital Rules Raise Concerns Among Portfolio Managers: Market…
Nigeria’s Securities and Exchange Commission (SEC) has unveiled its most significant overhaul of capital…
Champion Breweries Raises N42bn to Acquire Bullet Brands, Expands into Energy…
Champion Breweries Plc has announced plans to raise N42 billion through a public offer of ordinary shares to fund…
Petrol Imports Still Dominate Nigeria’s Fuel Market Despite Rising Domestic…
In 2025, petrol imports continued to dominate Nigeria’s fuel market, accounting for 62.47% of total Premium Motor…
Conference explores role of cash in digital-first economy
The Committee of Heads of Bank Operations (CHBO) in Nigeria is set to host its annual conference on Friday, 23…
SEC Revises AUM Capital Requirement to 0.1% After Industry Pushback
The Securities and Exchange Commission (SEC) has clarified that fund and portfolio managers will now be required to…
Nigeria’s Economic Growth Remains Fragile Without Targeted Poverty Reduction…
Nigeria’s recent economic recovery remains fragile and may fail to improve living standards unless deliberate…
Nigeria’s Capital Market at Risk of Overregulation
Nigeria is entering a phase of overregulation that risks undermining the capital market it seeks to strengthen. The…
Nigeria’s Crude Oil Production Drops to 1.42 Million BPD in December 2025
Nigeria’s crude oil production slipped to 1.422 million barrels per day (bpd) in December 2025, down from 1.436…
Nigeria Spends N1.7 Trillion on Petrol as Daily Consumption Hits 63.7 Million…
Nigeria’s daily petrol consumption surged to a record 63.7 million litres in December 2025, driving total…
NITDA and U.S. Strengthen Partnership on Data Privacy, AI, and Cybersecurity
The National Information Technology Development Agency (NITDA) has reaffirmed its commitment to strengthening…
Vibe Coding in Nigeria: How Cencori Is Making AI-Generated Apps Safer
Vibe coding, a method where software is generated from simple natural language prompts instead of hand-written…
NRS Clarifies: No New VAT on Banking Services Under Nigeria Tax Act
The Nigeria Revenue Service (NRS) has dismissed circulating reports suggesting that the new Nigeria Tax Act…