Browsing Category
Local
Mandatory TINs in Nigeria: Tax Reform or Threat to Financial Inclusion?
As Nigeria moves to make Tax Identification Numbers (TINs) mandatory for all bank accounts from January 1, 2026,…
Nigeria’s Fiscal Indiscipline Threatens 2026 Budget, Experts Warn
Nigeria’s public finances are facing mounting pressure as fiscal indiscipline and governance gaps continue to…
CBN Mandates Multi-Factor Authentication for Foreign Card Transactions Across…
The Central Bank of Nigeria (CBN) has ordered banks and non-bank acquirers to strengthen security on foreign-issued…
Shehu Shantali Appointed CSCS CEO, Pledges to Build on Jalo-Waziri’s Legacy
The Central Securities Clearing System Plc (CSCS) has officially announced the appointment of Shehu Shantali as its…
Banking and Consumer Stocks Propel Nigerian Equities Up 1.76% Amid Year-End Rally
Nigerian equities ended the week on a high note, gaining 1.76% thanks to strong buying interest in banking and…
CBN Eases Foreign Card Usage for Tourists and Returning Nigerians
The Central Bank of Nigeria (CBN) has issued a new directive to banks and financial institutions aimed at improving…
Yuletide Travel Alert: FCCPC Warns Road Transporters Against Unfair Fare Hikes
As millions of Nigerians prepare for yuletide travels, the Federal Competition and Consumer Protection Commission…
Price War Deepens as Petrol Prices Crash by N100 Amid Dangote Refinery Push
Nigeria’s downstream oil sector has entered a fierce petrol price war, as filling stations slash pump prices by as…
Dangote Launches ₦739/Litre Petrol Nationwide at MRS Stations
Dangote Petroleum Refinery has begun nationwide sales of Premium Motor Spirit (PMS) at a pump price of ₦739 per…
World Bank Set to Approve $500m Loan to Boost MSMEs in Nigeria
The World Bank is expected to approve a $500 million loan for Nigeria on Friday as part of a major push to improve…
NEPAD Reaffirms Commitment to Africa’s Trade Growth under AfCFTA
The NEPAD Business Group Nigeria (NBGN) has reaffirmed its commitment to driving private sector–led economic…
Nigeria Spends 72% of Federal Revenue on Debt Servicing in First Seven Months of…
Nigeria’s Federal Government spent nearly three-quarters of its total revenue on servicing domestic and external…
NGX Banking Index Surges 38% in 2025 Despite Uneven Stock Performance
Banking stocks on the Nigerian Exchange Limited (NGX) have delivered mixed results in 2025, even as the NGX Banking…
Nigeria’s Trade with ECOWAS Soars 43% to N6.9 Trillion in 2025
Nigeria’s trade with fellow Economic Community of West African States (ECOWAS) countries recorded a remarkable 43…
Ghana Producer Price Inflation Slows to 1.3% in November 2025
Producer price inflation (PPI) in Ghana slowed slightly to 1.3% in November 2025, down from 1.4% in October,…
FCMB Group Gets Shareholders’ Approval to Raise N400bn Ahead of 2026 CBN…
Shareholders of FCMB Group Plc have approved a major capital raise of up to N400 billion, positioning the bank to…
Nigeria Inflation Expectations: Businesses and Households Predict Stability in…
Businesses and households across Nigeria are anticipating stable inflation in the coming months, according to the…
CBN Survey Predicts Business Confidence in Nigeria to Hit 52.8 Points by Mid-2026
Nigeria’s business environment is set for a boost over the next six months, with confidence among businesses…
2025 Nigeria Budget Hit Hard as Oil Revenue Falls 62% Below Target
Nigeria’s 2025 federal budget has suffered a significant setback as oil and gas revenues fell 62.2% below the…
Senate Screens Tinubu’s Nominees as Nigeria Petroleum Regulatory Reforms Gain…
Nigeria’s push for stronger oil and gas governance took a significant step forward on Thursday as the Senate…
Dangote Refinery Partnership Set to Reduce Petrol Prices, IPMAN Confirms
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged its members nationwide to prioritize…
Nigeria Urged to Bridge Digital Divide and Improve Internet Affordability
Nigeria, alongside other African nations, has been urged to tackle persistent digital divides and ensure affordable…
Global Oil Oversupply Leaves Nigerian Crude Unsold as Dangote Refinery Turns to…
Nigerian crude oil sellers are facing mounting pressure in the global market as oversupply continues to dampen…
PenCom Extends Pension Recapitalisation Deadline to June 2027
The National Pension Commission (PenCom) has extended the deadline for pension industry recapitalisation to June…
World Bank Set to Approve $500m Loan to Boost MSME Financing in Nigeria
The World Bank is expected to approve a $500 million loan for Nigeria today (Friday, December 19, 2025), aimed at…
Nigeria’s Broadband Penetration Hits 49.89% — 70% 2025 Target Likely Unattainable
Nigeria is set to miss its ambitious broadband penetration target of 70% by the end of 2025, according to recent…
FG Power Sector Debt to Hit N6.4 Trillion by 2025, Threatening National…
The Federal Government’s indebtedness to power generation companies (GENCOs) is projected to reach N6.4 trillion by…
Tinubu Sends N43 Trillion Budget Repeal and Re-enactment Bill to National Assembly…
President Bola Tinubu has formally transmitted the Appropriation, Repeal, and Re-enactment Bill 2 of 2024 to…
TotalEnergies Launches TEMC+ for Secure, Real-Time Payments Across Nigeria
TotalEnergies Marketing Nigeria Plc has unveiled its newest innovation, the TotalEnergies Mobility Card Plus…
CIS Urges Nigerian Students to Embrace Capital Market Certification Amid Digital…
The Chartered Institute of Stockbrokers (CIS) has called on Nigerian students to equip themselves for emerging…