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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…
Naira Strengthens Against Euro as CBN Holds Interest Rate at 26.5% Amid Economic…
The Nigerian Naira has recorded a notable gain against the Euro, strengthening by about 5.4% since the start of the…
Seplat Energy Targets $1bn Dividend Payout as Production Goal Hits 200,000 Barrels…
Seplat Energy has set an ambitious goal to reward its shareholders with a $1 billion dividend payout within the…
NGX Market Capitalisation Drops by N1.6 Trillion as Blue-Chip Selloff Hits…
The Nigerian equities market ended trading on a negative note as investors pulled out of major stocks, wiping out…
CBN Interventions Drop Below 2% as FX Market Deepens, Says Cardoso
The Central Bank of Nigeria (CBN) has stated that its direct involvement in the foreign exchange market has…
CBN Retains Interest Rate at 26.5% as External Shocks Drive Inflation Pressure in…
The Central Bank of Nigeria (CBN) has maintained its benchmark interest rate at 26.5 percent, following its…
Insurance Firms Double Tax Payments to N15.2bn Despite 15% Drop in Profit Before…
Nigeria’s insurance sector recorded a significant rise in tax contributions in 2025, with 11 major insurance…
Dangote Refinery Eyes $2bn Private Investment Drive Ahead of Landmark IPO
Nigeria’s biggest industrial project, the Dangote Refinery, is attracting strong investor interest ahead of…
Nigeria’s ginger export crashes from N26 billion to zero in three years
Nigeria’s ambition to expand non-oil exports has suffered a major setback after the country’s ginger export…
Nigeria builds unicorns, Wall Street takes the wealth
Nigeria has emerged as Africa’s leading technology powerhouse, producing some of the continent’s most valuable…
PenCom Launches PenCare Pilot Scheme to Provide Free Healthcare for Low-Income…
The National Pension Commission (PenCom) has launched the pilot phase of its new healthcare support programme,…
Nigeria Credit Rating Upgrade 2026: FX Reforms and Fiscal Policies Drive S&P…
Nigeria’s economic reform drive has earned fresh global recognition after ratings agency S&P Global Ratings…
Nigeria’s Oil Exploration Drops 41.7% as Rig Count Falls to 12 – OPEC Report…
Nigeria’s oil and gas sector recorded a sharp slowdown in April 2026, as exploration and drilling activities fell…
Nigeria’s Oil Sector Booms as Local Content Policy Drives 117 Operating Firms and…
Nigeria’s oil and gas sector is undergoing a major transformation as local content policies continue to reshape the…
Nigeria Oil Industry Sees Major Boom as Local Content Policy Drives 117 Operating…
Nigeria’s oil and gas industry is undergoing a major transformation as local content policies continue to reshape…
SEC T+1 Settlement Cycle Nigeria: SEC Sets June 1, 2026 for Capital Market…
The Securities and Exchange Commission (Nigeria) has announced a major shift in the country’s capital market…