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CBN Cuts Interest Rate to 26.5% as OPS Hails Move as Growth Signal
Nigeria’s apex bank has trimmed its benchmark lending rate in what business leaders describe as a cautious but…
Dangote Refinery Signs 65 Million Litres Daily Petrol Distribution Deal with 12…
Nigeria’s fuel supply landscape is set for a major shift as the Dangote Petroleum Refinery has signed a landmark…
NNPC to Export Cawthorne Crude in March as Nigeria Targets Higher Oil Output
Nigeria is set to commence exports of a new light, sweet crude grade known as Cawthorne in March, marking…
Nigeria’s FX Reserves Rise to $50.4bn – CBN Governor Cardoso
Nigeria’s foreign exchange (FX) reserves have climbed to $50.45 billion, marking the highest level recorded in 13…
Temi Popoola Urges Collaborative Efforts to Boost Sustainable Capital in Emerging…
Temi Popoola, Group Managing Director and Chief Executive Officer of the Nigerian Exchange Group, has emphasized…
PenCom Regulation Could Unlock N1.6 Trillion for Nigerian Equities in 2026
The National Pension Commission (PenCom) has unveiled a revised regulation allowing Pension Fund Administrators…
Nigerian Stock Market Gains N805bn as Market Capitalisation Hits N125.97 Trillion
The Nigerian stock market kicked off the week with a strong performance, extending its winning streak to four…
How Nigeria’s Naira Rally Can Be Sustained in 2026 – Expert Insights
Nigeria’s naira continues its impressive comeback, marking its strongest performance in 13 years with a 7.5 percent…
Tinubu Defends Executive Order on Oil Revenue Amid Legal Controversy
President Bola Tinubu has defended his controversial Executive Order (EO9), which halts revenue deductions…
Nigeria’s AI Industry Surpasses 120 Startups Amid Funding Challenges
Nigeria’s artificial intelligence (AI) ecosystem is rapidly expanding, now hosting over 120 active startups across…
Top 10 Largest Companies in Nigeria by Market Value in 2026: MTN, BUA Foods,…
The Nigerian Exchange (NGX) continues to showcase the strength of the country’s biggest firms, with the top 10…
Fiscal Reforms Drive Nigerian Capital Market Beyond N125 Trillion – Oyedele
Nigeria’s capital market has surged past N125 trillion, a milestone attributed to ongoing fiscal reforms aimed at…
Global Mobility Boosts Nigeria’s Economy, Not Capital Flight — Optiva Capital…
The rising trend of Nigerians seeking opportunities abroad is fueling economic growth rather than draining national…
Naira Dips to N1,353.5/$ Ahead of 304th MPC Meeting
The Nigerian naira weakened slightly in the official foreign exchange market on Monday, closing at N1,353.5/$, up…
NNPC Faces Liquidity Risks After Tinubu’s Oil Revenue Executive Order
Analysts have raised alarms over the potential liquidity crunch for the Nigerian National Petroleum Company Limited…
Nigerian Telecoms Rebound as Banks Settle N300bn USSD Debt, Boosting Investor…
Investor confidence is returning to Nigeria’s telecommunications sector following the resolution of a long-standing…
NGX Suspends Zichis Agro-Allied Trading Amid Investigation Over Surging Shares
The Nigerian Exchange Limited (NGX) has suspended trading in Zichis Agro-Allied Industries Plc shares, following…
Ondo Signs MoUs to Launch Deep Seaport and Fertilizer Plant
The Ondo State Government has taken a major step toward reshaping its economic future with the signing of Memoranda…
Nigeria Capital Market Contribution to GDP Hits 33% as Market Cap Surges by…
Nigeria’s capital market has recorded a remarkable expansion, with its contribution to the nation’s Gross Domestic…
FG Targets $5.7bn China Investment Deal to Boost Power, Mining and Manufacturing
Nigeria’s Federal Government is intensifying efforts to secure a $5.7bn China investment deal aimed at transforming…
NGX Suspends Zichis Agro-Allied Shares After 772% Price Surge
The Nigerian Exchange Limited (NGX) has suspended trading in the shares of Zichis Agro-Allied Industries Plc…
Mutual Benefits Pays N5.94bn in January Claims, Reinforcing Trust and Financial…
Mutual Benefits Insurance Plc has made a remarkable start to 2026, paying a total of N5.94bn in claims to its…
Ellah Lakes Refunds Investors After N235 Billion Public Offer Falls Short
Ellah Lakes Plc has announced it will refund all investors following the unsuccessful conclusion of its N235…
CBN Set to Ease Rates as Inflation Cools and Naira Strengthens
As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) begins its meeting today, analysts are…
Nigeria’s Capital Market Contribution to GDP Hits 33% as Market Surges Past N123…
Nigeria’s capital market has recorded a historic surge, with its contribution to the country’s Gross Domestic…
Nigeria Allocates 5% of GDP to Industrial Financing in Bold Move to Boost…
The Federal Government of Nigeria has unveiled plans to allocate up to 5% of the nation’s Gross Domestic Product…
NGX Sees N252bn Equity Trades as Market Cap Hits N125 Trillion
Equity investors on the Nigerian Exchange (NGX) exchanged 7.66 billion shares worth N252.56 billion in 345,118…
Dangote Refinery Shares to Open to Nigerians in Five Months: Retail Investors to…
Chairman of the Dangote Group, Aliko Dangote, has confirmed that ordinary Nigerians will be able to purchase shares…
NGX Weekly Gain: Heavyweight Banking Stocks Drive Historic N8.14trn Market Rally
The Nigerian equities market delivered one of its most remarkable performances in recent years, as investors added…
Tinubu Approves N2.8tn for GenCos, Rejects N6tn Electricity Subsidy Claim
President Bola Tinubu has approved N2.8 trillion as the Federal Government’s verified debt to Nigeria’s power…