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Naira Strengthens Below N1,400/$ as Official FX Market Records Fresh Gains
Nigeria’s naira has broken below the N1,400-to-the-dollar threshold on the official foreign exchange market…
NGX Market Capitalisation Rises by N232bn on Improved Investor Sentiment
The Nigerian Exchange (NGX) closed trading on Thursday, January 29, 2026, on a positive note as renewed investor…
Nigeria Eyes $400 Billion Commodities Market Through UAE-LCFE Partnership
Nigeria is positioning itself as a key gateway to Africa’s $1 trillion commodities market, aiming to capture $400…
Reforms and Price Transparency Set to Transform Nigeria’s Markets in 2026 – NGX…
Nigeria’s capital markets are poised for a stronger, more transparent future in 2026, thanks to ongoing…
Multi-Trex Secures NGX Approval to Boost Public Shareholding
Multi-Trex Integrated Foods Plc has received a regulatory nod from the Nigerian Exchange (NGX) to take steps toward…
NNPC Petrol Price Increase: Lagos Rises to N835, Abuja to N839 Amid Market Forces
The Nigerian National Petroleum Company (NNPC) Limited has increased petrol prices, with Lagos motorists now paying…
Nigeria Loses Billions Daily to Illegal Mining, Experts Warn
Nigeria is losing billions of naira every day to illegal mining and the underexploitation of non-oil resources, the…
Nigeria’s Top Startups Dominate 2025 Funding, Capturing 83% of Capital Inflows
Nigeria’s startup ecosystem in 2025 saw a striking concentration of investment, with a handful of companies…
NIPetE Symposium Highlights Innovation-Driven Future for Nigeria’s Energy Sector
Nigeria’s energy future is poised for transformation, as experts at the 2026 NIPetE Oil and Gas Symposium…
Nigeria’s 5G Reality Check: Half of 5G Device Users Still Lack Network Access
As Nigerians increasingly upgrade to 5G-enabled smartphones, a surprising digital paradox is emerging: around 50%…
South-West States Unveil N8.7tn 2026 Budget Focused on Capital Projects and…
The South-West states of Nigeria have proposed a combined budget of N8.7 trillion for 2026, with capital…
Nigerian Exchange Dips 549 Points, Clings to 165,000 Level Amid Mixed Market…
On Wednesday, January 28, 2026, the Nigerian Exchange (NGX) ended trading in negative territory, shedding 549.4…
PenCom Raises NSITF Retirees’ Pensions by 1,173% After 21-Year Freeze
The National Pension Commission (PenCom) has approved a historic 1,173% increase in pensions for retirees under the…
Nigeria Crude Oil Exports Set to Fall 14% in March Amid Bonga and Forcados…
Nigeria’s crude oil exports are expected to drop by about 14% in March 2026, falling to roughly 793,000 barrels per…
CBN Governor Cardoso Hosts British Investors to Boost Financial Sector Reforms
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Wednesday, January 28, 2026, welcomed a…
Nigeria Completes 60% of 90,000km Fibre Optic Rollout, Plans Two New Satellites
Nigeria has marked a major milestone in its digital infrastructure drive, completing 60 percent of its planned…
Tinubu Urged to Intervene as Nigeria Commodity Exchange Faces Imminent Collapse
Workers of the Nigeria Commodity Exchange (NCX) have appealed to President Bola Ahmed Tinubu to urgently intervene…
NCC Reports Improved Telecom Network Quality in Q4 2025, Signals Stronger Service…
The Nigerian Communications Commission (NCC) says telecom network quality and service delivery improved across the…
Nigeria Earns ₦55.5 Trillion from Crude Oil Sales in 2025 Despite Production…
Nigeria generated an estimated ₦55.5 trillion in crude oil revenue in 2025, driven largely by global oil prices…
Naira Strengthens to ₦1,400/$ as Weaker US Dollar Lifts Emerging Markets
Nigeria’s naira continued its upward momentum midweek, appreciating to around ₦1,400 per dollar at the official…
Experts Urge Development of Homegrown AI to Secure Nigeria’s Future
Technology leaders and policymakers have renewed calls for Nigeria to prioritize the development of homegrown…
NUPRC Engages Global Investors Ahead of 2025 Oil & Gas Licensing Round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is reaching out to global energy investors, upstream…
FG’s N501 Billion Power Sector Bond Fully Subscribed, Boosting Investor Confidence…
The Federal Government of Nigeria has successfully achieved full subscription for its N501 billion inaugural power…
Nigeria’s Economic Reforms Set to Boost Consumer Spending and Drive Growth in 2026
Nigeria’s ongoing economic reforms are set to ignite consumer spending and business growth, according to the…
Nigeria’s Tax Committee Strengthens Stakeholder Engagement for Smooth…
The National Tax Policy Implementation Committee (NTPIC) has intensified efforts to ensure the effective rollout of…
CAP Plc Posts N9.1 Billion Profit in 2025 as Paint Sales Surge
Chemical and Allied Products Plc (CAP) has announced a remarkable N9.1 billion pre-tax profit for the 2025…
CBN Allows Banks to Accept Expired NAFDAC Licences for Imports Until February 2026
The Central Bank of Nigeria (CBN) has announced a temporary two-month allowance enabling authorised dealer banks…
BUA Cement Expands Sokoto Plant with $240M Investment to Boost Production
BUA Cement Plc has announced a $240 million investment to expand its Sokoto cement plant, introducing a modern…
Foreign Exchange Stability Key to Restoring Investor Confidence in Nigeria, Says…
Dr. Adesola Falaiye, President of Business Club Ikeja (BCI), has emphasized that sustained stability in Nigeria’s…
Nigeria’s Chevron-NNPC Discovery Set to Boost Daily Crude Output to 146,000…
Nigeria is set to ramp up its crude oil production following a major offshore discovery by Chevron Nigeria Limited…