Browsing Category
Local
Domestic Crude Supply Drops in Nigeria Amid Sabotage Allegations and Refinery…
Nigeria’s domestic crude supply to local refineries recorded a noticeable decline in May 2026, dropping to 15.84…
FGN Bond Auction Draws N1.41 Trillion in Bids as Rising Yields Boost Investor…
The Federal Government recorded a strong outing at its June 2026 bond auction, attracting a massive N1.41 trillion…
Domestic Investors Drive NGX Transactions to N1.94 Trillion as Market Activity…
Trading activities on the Nigerian Exchange Limited (NGX) maintained strong momentum in May 2026, with total market…
Nigeria’s Money Supply Climbs to N129.21 Trillion as Liquidity Expands Despite…
Nigeria’s broad money supply (M3) rose to N129.21 trillion in May 2026, highlighting continued liquidity growth in…
Nigerian Stocks to Watch This Week: Fidson, Africa Prudential, Access Holdings…
The Nigerian stock market started the week on a cautious note as investors continued to digest last week’s sharp…
Nigeria Businesses Face Tax Deadline Pressure as CIT Filing and E-Invoicing Rules…
Nigerian businesses are entering a high-pressure compliance season as two major tax obligations converge at the end…
Nigeria Inflation Rate May Ease to 15.8% in June 2026 Despite Cost Pressures –…
Nigeria’s inflation outlook may be heading for slight relief as analysts project that the Nigeria inflation rate…
NGX Loses N5.64 Trillion in One Week as Massive Sell-Off Hits Nigerian Equities…
The Nigerian equities market came under intense pressure last week as investors collectively lost about N5.64…
Aradel assets hit N10 trillion after Renaissance acquisition drives 466% surge in…
Aradel Holdings Plc has recorded a dramatic leap in its financial position, with total assets surging by…
Nigeria Crude Oil Production Challenges Persist Despite Output Gains and $10bn…
Nigeria’s oil and gas sector is showing strong signs of recovery, but long-standing operational issues continue to…
Dangote Refinery Crude Supply Crisis Deepens as Output Drops 62% Amid NNPC…
Nigeria’s flagship Dangote Petroleum Refinery is facing mounting pressure as a severe crude supply shortage…
NDPC Pushes Data Protection Law Review to Regulate AI and Strengthen Privacy Rules…
The Nigeria Data Protection Commission (NDPC) is moving to amend the Nigeria Data Protection Act (NDPA) 2023,…
NGX Market Update: Market Capitalisation Sheds N5.6 Trillion as Trading Value…
The Nigerian equities market closed the week on a mixed but tense note as the market capitalisation of the Nigerian…
Nigeria FX Market Turnover Rises to $2.32bn as FX Forwards Surge 129% Amid…
Nigeria’s foreign exchange market recorded a noticeable uptick in activity, with total turnover in the FX spot and…
Fuel Price War Intensifies in Lagos and Ogun as Stations Slash Petrol Prices to…
Fuel prices have dropped across parts of Lagos and Ogun States as filling stations adjust pump rates in response to…
Nigeria Telecom Ownership Rule Tightened as NCC Now Requires Approval for 10%+…
Nigeria’s telecom sector is facing a new layer of regulatory oversight as the Nigerian Communications Commission…
CBN Urged to Mandate Annual Financial Reporting for Fintechs and MFBs as…
Finance experts have called on the Central Bank of Nigeria (CBN) to introduce mandatory annual financial reporting…
Afreximbank Meetings, Nigeria-EU Forum Lead Major Business Events Shaping…
Nigeria’s business landscape is set for a busy week as major economic and investment-focused events take center…
NGX Oil & Gas Stocks Lead Wealth Creation as Sector Surges 111% Despite…
Nigeria’s stock market may be experiencing a correction, but investors who positioned themselves in the right…
Nigeria’s Foreign Reserves Hit $51.04 Billion, Highest Level in 17 Years as…
Nigeria’s foreign reserves have surged to $51.04 billion, reaching their highest level in nearly 17 years and…
Nigeria’s Tax Revenue Surges 49% to N15.8 Trillion in Five Months on Strong Oil…
Nigeria’s tax revenue recorded a sharp increase in the first five months of 2026, rising by 49% year-on-year to…
Nigerian Stock Market Loses N2.5 Trillion in Three Days as Weak Sentiment Hits…
The Nigerian stock market extended its losing streak on Wednesday, wiping out about N2.5 trillion in just three…
OPEC Quota: Nigeria’s Rising Oil Output Driven by Stronger Pipeline Security on…
Nigeria’s crude oil production has surged beyond its OPEC quota, with stakeholders attributing the improvement to…
NGX Introduces New Share Price Movement Rules, Sets Volume Thresholds to Reshape…
The Nigerian Exchange (NGX) has rolled out a major reform to its trading structure, introducing new rules that…
Nigeria Eurobonds and Foreign Financing Strategy Evolves
Nigeria is increasingly rethinking its external borrowing strategy, even as it continues to enjoy strong…
Fraud Losses Hit N134.48bn in Nigeria as CBN Flags Surge in Digital Banking Scams…
Banks and their customers in Nigeria lost a staggering N134.48bn to fraud between 2020 and 2025, according to new…
Nigeria Can Produce 1.9m Barrels Daily, Says NUPRC as Oil Prices Hit $77
Nigeria’s crude oil industry is showing renewed strength as the Nigerian Upstream Petroleum Regulatory Commission…
Femi Otedola Raises First HoldCo Stake to 20% with N29.6bn Share Purchase
Billionaire businessman and Chairman of First HoldCo, Femi Otedola, has deepened his investment in the financial…
FG Unveils Guidelines for Tax Acts 2025 Implementation, Clarifies Transition to…
The Federal Government has released comprehensive guidelines to facilitate the implementation of the Tax Acts 2025,…
Tinubu Appoints Ex-KPMG Africa Chairman Kunle Elebute as FRCN Board Chairman
President Bola Ahmed Tinubu has appointed renowned financial expert and former KPMG Africa Chairman, Kunle Elebute,…