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Digital Switch-Over: NBC Says N605.2 Trillion Advertising Market Set to Be…
The National Broadcasting Commission (NBC) has projected that Nigeria’s upcoming Digital Switch-Over (DSO) will…
NGX ETF Turnover Drops 31% to N815.90m as Investor Activity Weakens Across Major…
Trading activity on the Nigerian Exchange (NGX) Exchange Traded Fund (ETF) segment slowed sharply in the week ended…
Nigeria’s Refinery Struggles Deepen as Fuel Import Bill Hits ₦46.17 Trillion Amid…
Nigeria’s dependence on imported fuel continues to spark debate as industry experts warn that local refineries are…
CBN Injects N9.71 Trillion Through OMO Bills as Naira Gains N19.67 Against Dollar…
Nigeria’s foreign exchange market showed signs of renewed stability in April 2026, with the naira appreciating by…
Dangote faces price war as NNPC backs fuel imports
Nigeria’s downstream petroleum sector is heading for another major showdown as the Nigerian National Petroleum…
FG Cancels $717.7 Million World Bank Power Loan as Nigeria’s Electricity Crisis…
Nigeria’s efforts to revive its struggling electricity sector suffered a major setback after the Federal Government…
Foreign Investors, Banks Target Nigerian Insurance Firms as Recapitalisation…
As Nigeria’s insurance industry races against the clock to meet new capital requirements, foreign investors and…
Nigeria’s Oil Sector Contributes 3.92% to GDP in Q1 2026 Despite Improved Growth…
Nigeria’s oil sector accounted for 3.92% of the country’s real Gross Domestic Product (GDP) in the first quarter of…
Nigeria’s GDP Grows 3.89% in Q1 2026 as Agriculture and Services Power Economic…
Nigeria’s economy began 2026 on a stronger footing, with the country’s Gross Domestic Product (GDP) expanding by…
NGX Boss Urges CBN to Integrate Capital Market Development into Monetary Policy…
The Group Managing Director and Chief Executive Officer of the Nigerian Exchange Group (NGX Group), Temi Popoola,…
Naira Weakens to N1,375/$ Amid Rising FX Pressure Despite $48.72bn External…
The Naira weakened to N1,375.46 per dollar in the official market last week, marking a 0.32% decline as pressure…
Capital market awards spotlight rising investor participation
Nigeria’s capital market is once again taking centre stage as preparations begin for the second edition of the…
MPC Holds Interest Rate at 26.5% as Inflation Pressures Rise: What It Means for…
At its 305th meeting, Nigeria’s Monetary Policy Committee (MPC) chose to keep the Monetary Policy Rate (MPR)…
Nigerian Stock Market Rally Faces Overbought Signals Despite Strong Valuations and…
The Nigerian Exchange Group (NGX) is riding one of its strongest bull runs in history, with the All-Share Index…
Cooking Gas Crisis in Nigeria: Prices Hit ₦1,500/kg as Marketers Warn of Scarcity…
Nigeria’s cooking gas market is under fresh pressure as marketers raise alarm over worsening scarcity and a sharp…
CPPE Defends Dangote Refinery, Rejects Monopoly Claims and Calls for Stronger…
The Centre for the Promotion of Private Enterprise (CPPE) has rejected allegations that the Dangote Refinery poses…
NGX Weekly Trade Value Falls 50% to N161.8bn as Investors Turn Cautious
Investor activity on the Nigerian Exchange (NGX) slowed sharply last week as the total value of shares traded…
Nigeria’s Foreign Reserves Rebound by $551 Million in May, Boosting Confidence in…
Nigeria’s foreign reserves have recorded a remarkable recovery, rising by approximately $551 million within the…
NNPC Battles Dangote Refinery in Court, Warns Against Fuel Market Monopoly
The Nigerian National Petroleum Company Limited (NNPC) has strongly opposed the lawsuit filed by Dangote Petroleum…
Seplat Energy Targets Expansion, Approves 2025 Dividend Amid Record Production…
Seplat Energy Plc has entered a bold new phase of expansion, combining strong financial performance with an…
Chinese Investors May Acquire 51% Stake in Port Harcourt and Warri Refineries as…
Nigeria is considering a major shift in its downstream oil sector that could see Chinese investors take a…
CBN Sells N829.32bn Treasury Bills as Investors Rush Long-Term Papers Amid Strong…
The Central Bank of Nigeria (CBN) has allotted a total of N829.32 billion at its Treasury Bills Primary…
BUA Cement Declares N338.64bn Dividend as Profit Surges, Targets 23m Tonnes…
Shareholders of BUA Cement Plc have approved a final dividend of N10 per ordinary share for the 2025 financial…
Naira Strengthens to ₦1,840/£1 as UK Political Tensions Weigh on Pound Sterling
The Nigerian naira has recorded a fresh gain against the British pound sterling, trading at ₦1,840/£1 according to…
CBN Extends Breathing Space for Banks as Legal Bottlenecks Slow Recapitalisation…
he Central Bank of Nigeria (Central Bank of Nigeria) has assured that deposit money banks yet to fully meet the…
Oil Asset Security in Niger Delta Gets Boost as Youth Employment Programs Reduce…
For years, oil-producing communities in Nigeria’s Niger Delta have faced a difficult cycle of unemployment,…
Trade growth: Nigeria’s maritime sector shows early gains from reforms
Nigeria’s maritime industry is beginning to show clear signs of recovery and expansion, with new data from…
Sterling Financial Holdings Leads Trading as Nigerian Stock Market Rebounds, Gains…
The Nigerian stock market rebounded on Thursday, May 21, 2026, recovering from the previous session’s heavy losses…
FG launches AI platform to improve access to government information, services on…
The Federal Government has unveiled GovGuideNigeria, a new artificial intelligence-powered platform designed to…
CBN Holds Interest Rate at 26.50%: What It Means for Mutual Funds, Pension Returns…
The Central Bank of Nigeria (CBN) has maintained its Monetary Policy Rate (MPR) at 26.50%, a decision that is…