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FG Orders Fuel Marketers to Cut Petrol Prices as Crude Oil Costs Fall
The Federal Government has directed petroleum marketers to reduce the pump price of petrol in line with the recent…
NGX Market Crash Wipes Out N2.35 Trillion as MTN, Unilever Lead Massive Selloff
Nigeria’s equities market endured another painful trading session on Monday as investors lost an estimated N2.35…
Analysts Advise Investors to Focus on Strong Stocks as Nigerian Equities Market…
The Nigerian equities market came under renewed pressure last week as persistent sell-offs wiped billions of naira…
Nigeria’s Debt Servicing Swallows 72% of Revenue as Analysts Warn of Fiscal…
Nigeria's growing debt burden is raising fresh concerns among economic analysts after debt servicing costs consumed…
Economic Reforms Key to Nigeria’s Sustainable Growth, Says NGX Chairman
Nigeria’s journey toward sustainable economic growth depends heavily on the successful implementation of economic…
Nigeria FX Market Turnover Soars 22% in June as Spot and Derivatives Trading Surge
Nigeria’s foreign exchange market closed June on a strong note as trading activity surged sharply in the final week…
CBN Data Localisation Policy Set to Attract Billions in Digital Infrastructure…
Nigeria's digital economy is poised for a major boost as the Central Bank of Nigeria (CBN)'s new data localisation…
Marketers To NNPC: Expedite Action On MoU With Chinese Firms
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Nigerian National Petroleum…
NGX Weekly Turnover Crashes 47% as Investors Pull Back Amid Market Uncertainty
The Nigerian Exchange (NGX) recorded a sharp decline in trading activity last week, with total market turnover…
Seplat Energy Wins Double Capital Market Awards, Strengthening Investor Confidence
Seplat Energy Plc has reinforced its reputation as one of Nigeria’s leading energy companies after clinching two…
AI Powering a New Era in Nigeria’s Electricity Sector, Says NDPHC Boss
Artificial Intelligence (AI) and Machine Learning (ML) are rapidly reshaping Nigeria's electricity industry, with…
Dangote Refinery IPO, 2027 Election Activities Set to Shake Nigerian Stock Market…
Nigeria’s stock market could face a turbulent second half of 2026 as investors prepare for the highly anticipated…
FMDQ FX Market Turnover Jumps 22% to $2.84 Billion as Trading Activity Gains…
Nigeria's foreign exchange market recorded a significant boost in trading activity as total turnover on the FMDQ…
MPR: Analysts see MPC holding rates as election cycle begins
As Nigeria edges closer to the 2027 general elections, financial analysts are increasingly convinced that the…
Nigeria Earns N20.2tn from Crude Oil Exports in Five Months Despite Lower Shipment…
Nigeria's crude oil export earnings surged to an estimated N20.22 trillion in the first five months of 2026,…
FCCPC Warns Fuel Marketers as High Petrol Prices Persist Despite Falling Crude Oil…
Nigeria’s consumer protection watchdog, the Federal Competition and Consumer Protection Commission (FCCPC), has…
Nigerian Stocks Lose N11 Trillion as Market Correction Deepens: Opportunity or…
Nigeria's stock market has shed more than N11 trillion from its recent peak, sparking fresh debate among investors…
Apex African Gas Expands Capacity to 110 Tons Daily with N10 Billion Lagos Plant…
Apex African Gas Nigeria Limited has taken a major step in strengthening Nigeria’s industrial gas sector with the…
Dangote Slashes Petrol Price by N50 as Falling Crude Oil Prices Raise Hopes for…
Nigeria's fuel market received a fresh boost on Thursday as Dangote Petroleum Refinery announced a N50 reduction in…
Tax Compliance Key to Nigeria’s Economic Growth, Says Oyedele
Nigeria could witness unprecedented economic growth if it succeeds in improving tax compliance across the country,…
Ceramic Industry Investment Key to Nigeria’s $1 Trillion Economy Goal, Experts Say
Nigeria’s journey toward becoming a $1 trillion economy by 2030 could receive a significant boost from the ceramics…
CBN Data Localization Policy Set to Spark Data Centre Investment Boom in Nigeria
Nigeria’s digital infrastructure sector is gearing up for a major transformation following the Central Bank of…
Nigeria’s exports to East, Southern Africa hit N1tn
Nigeria’s exports to East and Southern African countries have crossed the N1 trillion mark for the first time,…
Nigerian Stock Market Extends Losses as Investors Wipe Out N959bn in One Day
The Nigerian stock market suffered another major setback on Thursday as persistent sell-offs erased N959 billion…
Nigeria Surpasses OPEC Quota as Energy Marketers Push for Increased Oil Investment
Nigeria's recent success in exceeding its Organisation of Petroleum Exporting Countries (OPEC) oil production quota…
Nigerian Banks Grow Stronger as Private Sector Credit Declines Despite Record…
Nigeria's banking sector is experiencing a remarkable paradox. While banks are stronger and better capitalized than…
Dangote Refinery IPO Frenzy Sparks Investor Rush as SEC Issues Warning
The anticipation surrounding the highly awaited Dangote Refinery IPO has reached fever pitch, prompting Nigeria’s…
Banks’ Non-performing Loans Rise To 9.85% After CBN’s Forbearance Withdrawal
Nigeria’s banking sector has recorded a sharp rise in non-performing loans (NPLs), with the ratio climbing to 9.85…
El Niño Threatens Nigeria’s Power Supply as Hydropower Generation Faces Major…
Nigeria’s electricity sector could be heading toward another period of instability as climate experts warn that the…
Dangote Refinery Rejects Togo Fuel Re-Import Claims, Calls Allegations Misleading
Nigeria's largest refinery, Dangote Petroleum Refinery and Petrochemicals, has strongly denied reports suggesting…