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Nigeria Fast-Tracks Idle Oil Wells as NUPRC Approves PEL No. 5 for SeaSeis…
Nigeria is fast-tracking efforts to boost its oil production as crude prices hover near $100 a barrel. The Nigerian…
Nigerian Banks Raise N4.61 Trillion in Capital, N1.2 Trillion from Foreign…
Nigerian banks have successfully raised N4.61 trillion in fresh capital as part of the ongoing banking sector…
Nigeria’s Banking System Liquidity Holds Above ₦8 Trillion Despite ₦2.36 Trillion…
Nigeria’s banking system liquidity held steady above ₦8 trillion despite a ₦2.36 trillion Open Market Operations…
CBN Governor Cardoso Urges Stronger Cross-Border Cooperation Among African…
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has called for deeper collaboration among…
$6B Funding Gap Threatens Nigeria’s Oil Output Surge and Crude Supply to Dangote…
Nigeria’s ambition to rapidly increase oil production could be hampered by a staggering $6 billion capital…
CBN Approves 100% Forex Repatriation for Oil Companies in Major Market Reform
The Central Bank of Nigeria (CBN) has approved the full repatriation of foreign exchange earnings for International…
Dangote Refinery Receives Only 5 Crude Cargos Monthly Amid Crude-for-Naira…
The Chief Executive Officer of the Dangote Refinery, David Bird, has raised alarms over a significant shortfall in…
Domestic Investors Drive 78% Surge in NGX Turnover to N1.5 Trillion
The Nigerian Exchange Limited (NGX) witnessed a remarkable surge in market activity in February 2026, with total…
SEC Partners with National Orientation Agency to Fight Ponzi Schemes in Nigeria
The Securities and Exchange Commission (SEC) has signed a memorandum of understanding (MoU) with the National…
NGX Market Dips to N128.98tn as Banking Stocks Fuel Investor Caution
The Nigerian equities market reversed its recent gains on Wednesday, as sustained profit-taking in major banking…
Top Nigerian Stock Picks This Week: UBA, NPF Microfinance Bank, Lafarge Lead the…
Nigerian stocks posted a 1.4% gain this week despite shorter trading sessions due to the Eid-el-Fitr public…
Emerging AI Jobs in Nigeria Open Doors for Young Professionals
As artificial intelligence (AI) transforms industries worldwide, Nigeria is quietly stepping into the global AI…
Middle East Crisis Pushes Brent Oil Above $100: Nigerians Face Rising Fuel Costs
The ongoing crisis in the Middle East continues to push global energy prices higher, with Brent crude oil surging…
Nigeria $2 Billion Fibre Project Gets $6.1 Million Boost for Experts to Expand…
The federal government of Nigeria is fast-tracking a $2 billion nationwide fibre-optic expansion, earmarking $6.1…
New Tax Law Raises Bar for Professionals, Redefines Tax Practice in Nigeria
The enactment of Nigeria’s new tax reform laws has significantly raised the importance of certified tax…
Rebuilding Nigeria’s Commodities and Futures Exchange: Key to Economic…
Nigeria’s ambition to diversify its economy beyond oil has placed agriculture, solid minerals, and manufacturing at…
Nigerian Equities Surge N1.086 Trillion as Banking and Large-Cap Stocks Drive…
The Nigerian equities market recorded a significant boost on Tuesday, advancing by N1.086 trillion as renewed…
FG and NGX Champion Women’s Participation in Nigeria’s Capital Market
The federal government and the Nigerian Exchange Group (NGX) are intensifying efforts to boost women’s…
Africa Must Strengthen Industrial Cybersecurity Amid Rising Digital Threats
As Africa’s industrial market grows, cybersecurity experts are urging companies to upgrade their digital defenses.…
Cardoso Calls for African Financial Regulators to Unite Against Rising…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called on African financial regulators to…
Nigeria Needs $100bn Investment to Achieve Reliable Electricity, Says FG
Nigeria requires more than $100 billion in investments across its power sector to ensure a reliable,…
NNPC to Increase Oil Production by 100,000 BPD Amid Global Energy Pressures
Nigeria’s state oil company, the Nigerian National Petroleum Company Limited (NNPC), is set to increase its oil…
Naira Weakens to N1,383.5/$ 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…