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NIBSS Intermittent Failures Trigger Delayed Transactions Across Nigerian Fintech…
Nigeria’s digital payments ecosystem experienced widespread disruptions on Tuesday as the Nigeria Inter-Bank…
Nigerian Stock Market Rally Continues as Equities Gain N1.52 Trillion Amid Strong…
The Nigerian equities market extended its bullish run on Tuesday as investors recorded a combined gain of…
Tier-One Nigerian Banks’ Assets Hit N161.4 Trillion Amid Strong Earnings Growth…
Nigeria’s five biggest lenders—commonly known as FUGAZ—ended 2025 on a stronger footing, with combined total assets…
FGN Bond Auction May 2026: DMO Announces N600 Billion Issuance to Finance…
The Debt Management Office has announced a fresh N600 billion Federal Government of Nigeria bond auction scheduled…
Nigeria Inflation to Hit 16% in April as Fuel Price Surge Drives Cost Pressures –…
Nigeria’s inflation rate is expected to climb to 16 percent in April 2026, up from 15.38 percent recorded in March,…
Nigeria’s Oil Production Climbs to 1.66mbpd in April as Output Nears OPEC Quota
Nigeria’s oil production recorded a strong increase in April 2026, with total crude oil and condensate output…
Nigeria’s Petrol Consumption Climbs to 51.1 Million Litres Daily in April Amid…
Nigeria’s daily petrol consumption surged to 51.1 million litres per day in April 2026, up from 47.3 million litres…
Nigerian Breweries Surges Nearly 10% as NGX Market Capitalization Hits N161…
The Nigerian stock market continued its bullish run on Tuesday as the Nigerian Exchange (NGX) All-Share Index…
NNPC Remits $29m Crude Revenue to FAAC as NUPRC Collections Drop Amid NRS…
Nigeria’s state-owned oil company, the Nigerian National Petroleum Company Limited, has remitted $29.28 million in…
Dangote Refinery Supplies Nearly 80% of Nigeria’s Petrol Demand as Fuel Imports…
Nigeria’s fuel market witnessed a major shift in April 2026 as the Dangote Petroleum Refinery supplied nearly 80…
CBN Dormant Accounts Directive: Four Banks Publish Over 321,000 Inactive Accounts
Four Nigerian banks have published details of more than 321,000 dormant accounts in compliance with a directive…
Nigerian Breweries, Guinness, Others Defy Economic Hardship as Revenue Jumps to…
Despite worsening economic conditions and shrinking consumer purchasing power, Nigeria’s leading brewing…
NNPC and NUPRC Remit N322bn, $116.9m Under Executive Order 9 as Nigeria Boosts Oil…
The Nigerian oil sector recorded a major revenue boost as the NNPC Limited and the Nigerian Upstream Petroleum…
Nigeria’s Banking Sector Set for N10.53 Trillion Liquidity Surge as Investor…
Nigeria’s banking sector is on track to receive a massive liquidity boost of about N10.53 trillion in May 2026,…
SEC Recapitalisation to Trigger Asset Management Consolidation in Nigeria
Nigeria’s asset management industry is set for a major shake-up as the ongoing Securities and Exchange Commission…
CBN Raises Governance Alarm Over Non-Interest Banks Amid Rising Islamic Finance…
The Central Bank of Nigeria (CBN) has issued a fresh warning to non-interest financial institutions over growing…
Nigeria Oil and Gas Sector Expansion: FG, Investors Push Offshore Growth, Refining…
Nigeria’s oil and gas sector expansion took center stage as President Bola Tinubu and top government officials…
Nigeria exported 485 million barrels of crude oil in 2025 amid rising refinery…
Nigeria exported about 485.44 million barrels of crude oil in 2025, representing roughly 82% of its total…
Nigeria’s Device Market Shifts as 5G Adoption Lags Despite Speed Gains
Nigeria’s smartphone market is undergoing a noticeable shift as consumer behaviour changes and network realities…
NGX ETFs Rebound Strongly as Trading Value Hits N1.11 Billion Amid Renewed…
Exchange Traded Funds (ETFs) listed on the Nigerian Exchange (NGX) recorded a strong rebound in the week ended May…
Nigerian Stock Market Hits Historic 250,000 Points as Dangote Cement and Tier-One…
The Nigerian equities market extended its bullish momentum on May 11, 2026, breaking new ground as the All-Share…
Naira Slips to N1,375/$ as Dollar Strengthens on Middle East Tensions and Global…
The naira recorded a mild depreciation on Monday, closing at N1,375 per dollar in the official foreign exchange…
CBN Drains Record N30tn Liquidity as Election Spending Fears Mount
The Central Bank of Nigeria (CBN) has intensified its monetary tightening measures ahead of the 2027 election…
Nigeria Stock Market Crosses N160tn as Investor Confidence Drives Historic Rally
Nigeria’s equities market recorded a historic milestone on Monday as the market capitalisation of the Nigerian…
FG Moves to Secure Fresh $1.25bn World Bank Loan Ahead of 2027 Elections
The Federal Government is pushing forward with plans to secure a fresh $1.25bn loan from the World Bank to support…
CBN Rallies State Governments for Inflation Targeting Reform to Stabilise…
The Central Bank of Nigeria (CBN) has called on state governments to play a stronger role in supporting the…
Nigeria Money Market Stays Liquid Despite CBN Tightening as Billions Flow in from…
Nigeria’s money market continued to show strong liquidity this week, even as the Central Bank of Nigeria maintained…
NNPC Clarifies China Refinery Deal: No Fresh Spending on Port Harcourt, Warri…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has clarified that its recently signed agreement…
Nigeria Receives 164,000MT Imported Fuel Amid Fresh Petrol Import Licences and…
Nigeria has recorded the arrival of about 164,000 metric tonnes of imported petroleum products, as new cargo…
Nigerian Startups Raise $4m in April 2026 as Fintech Dominates Funding Amid Slow…
Nigeria’s startup ecosystem recorded a modest recovery in April 2026, attracting about $4 million in disclosed…