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Naira Weakens to N1,383.5/$ as External Reserves Fall to $49.6 Billion
The Nigerian naira recorded a slight depreciation on Tuesday, settling at N1,383.5 per dollar, compared to N1,383/$…
CBN Orders IMTOs to Open Naira Settlement Accounts to Boost FX Transparency
The Central Bank of Nigeria (CBN) has directed all International Money Transfer Operators (IMTOs) to open and…
Low-Priced Tech Stocks Drive NGX Gains in 2026 Amid Investor Shift
Smaller, low-priced technology stocks are emerging as standout performers on the Nigerian Exchange (NGX) in 2026,…
Federal Government Inaugurates New PenCom Board to Safeguard N28 Trillion Pension…
The federal government has officially inaugurated the new governing board of the National Pension Commission…
CBN Targets 6–9% Inflation Amid Global Risks: Strengthens Monetary Policy…
The Central Bank of Nigeria (CBN) has announced a medium-term inflation target of 6–9 per cent as part of its shift…
Tinubu, Barbadian PM to Lead Inaugural Niger Delta Economic and Investment Summit
President Bola Tinubu and the Prime Minister of Barbados, Hon. Mia Amor Mottley, are set to attend the inaugural…
Petrol Hits N1,400/Litre: NLC, OPS Demand Urgent Government Action Amid Fuel…
The Organised Private Sector (OPS) and the Nigeria Labour Congress (NLC) have urged the Federal Government to act…
Nigeria Tops Africa’s $2.1 Billion AI Surveillance Spending with $470 Million…
Nigeria has emerged as Africa’s largest investor in artificial intelligence (AI)-powered surveillance, committing…
Top 5 NGX Industrial Goods Companies with Assets Above N20 Billion in FY2025
The Nigerian Exchange (NGX) industrial goods sector continues to show strong growth, with five leading companies…
Nigeria’s Eurobonds Rebound as Yields Ease to 7.18% Amid Global Market Tensions
Nigeria’s Eurobond market ended last week on a positive note, reversing three weeks of decline as average yields…
Nigerian Stocks Pull Back Amid Profit-Taking After Strong Rally
The Nigerian stock market is experiencing a “consolidation phase” following a historic rally that pushed the NGX…
NNPC Eyes 100,000 bpd Boost in Nigeria’s Crude Oil Production Amid Global Supply…
Nigeria could soon see a significant boost in crude oil production, with the Nigerian National Petroleum Company…
Dangote Refinery Expands Africa Fuel Supply Amid Global Shortages
The Dangote Petroleum Refinery has made a major move to support Africa’s energy needs, exporting 12 cargoes of…
CBN Sets Sights on Single-Digit Inflation with New Monetary Policy Framework
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to bringing inflation down to single-digit levels…
Dangote LPG Price Hike Pushes Cooking Gas to N1,000/kg in Nigeria
The cost of cooking gas in Nigeria is climbing again, raising fresh concerns for households already dealing with…
Nigeria Seeks Investment to Drive Climate-Smart Agriculture Growth
The Federal Government has intensified its push for climate-smart agriculture by calling on local and international…
Dangote Refinery Threatens Fuel Export Amid Fresh Petrol Import Licences
Nigeria’s energy landscape faces a potential shake-up as the Dangote Petroleum Refinery considers exporting all its…
FX Trades Push FMDQ Turnover to N60.77tn in January 2026
FMDQ Group kicked off 2026 with a record-breaking turnover of N60.77 trillion in January, reflecting heightened…
Nigeria’s Inflation Relief at Risk as Global Energy Shocks Threaten Prices
Nigeria’s headline inflation dipped slightly to 15.06% year-on-year in February 2026, down from 15.10% in January,…
Seplat Energy and Nestle Lead Nigerian Stock Market as Highest Priced Shares on…
Seplat Energy Plc and Nestle Nigeria Plc have emerged as the highest priced stocks on the Nigerian Exchange Limited…
Middle East Crisis Could Push Nigeria’s Inflation to 16% – Afrinvest Analysts
Analysts at Afrinvest West Africa have cautioned that Nigeria’s recent progress in taming inflation could be…
Nigeria’s Petrol Import Bill Falls to $10 Billion as Domestic Refining Boosts…
Nigeria’s petrol import bill declined sharply to $10 billion in 2025, down from $14.06 billion in 2024, signaling a…
N3.4 Trillion Agric Credit Scheme Boosts Nigerian Farmers in 2025
In 2025, Nigerian farmers tapped into agricultural credit schemes totaling N3.4 trillion, the federal government…
NGX Launches NGX30U6 and NGXPENSIONU6 Futures to Boost Investor Tools
The Nigerian Exchange Group (NGX) has unveiled two new index futures contracts, NGX30U6 and NGXPENSIONU6, providing…
Nigerian Stock Market Poised for Gains as Earnings Releases Drive Investor…
The Nigerian equities market is set for a strong week as investors show renewed confidence ahead of key earnings…
Nigerian DisCos Record N2.4 Trillion Loss Amid Worsening Electricity Blackouts
Nigeria’s electricity distribution companies (DisCos) have reported combined losses of N2.349 trillion over the…
SEC Nigeria Sets Six-Week Deadline for Capital Market Operators to Submit…
Nigeria’s Securities and Exchange Commission (SEC) has set a strict six-week deadline for all capital market…
Nigeria Earns $31.54 Billion from Crude Oil Exports in 2025 Amid Shifting Energy…
Nigeria earned $31.54 billion from crude oil exports in 2025, marking a 14.41% decline from $36.85 billion in 2024,…
Fuel Price Surge in Nigeria Strains Households and Businesses Amid Middle East…
Commuters and business owners in Nigeria were left shocked this weekend as petrol prices surged unexpectedly, with…
CBN Recapitalisation Deadline: Nigerian Banks Race to Meet March 31 Capital Target
With just days left before the March 31 deadline, Nigerian banks are making a final push to comply with the Central…