Browsing Category
Local
The Alternative Bank Wins “Innovative Bank of the Year” Award at African Islamic…
The Alternative Bank has clinched the coveted title of Innovative Bank of the Year at the 7th African International…
Seplat Energy vs Oando Plc: Which Nigerian Oil Giant is Performing Better in 2025?
Seplat Energy and Oando Plc, two of Nigeria’s leading oil and gas firms, released their unaudited results for the…
NUPRC to Launch 2025 Oil Licensing Round on December 1, Aims to Boost Nigeria’s…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially announced that the 2025 Oil Licensing…
Senate Rebukes NNPCL Over N210 Trillion Discrepancies, House Adjourns Abruptly
The Nigerian Senate has strongly rebuked the Nigerian National Petroleum Company Limited (NNPCL) for failing to…
NDIC Urges Bank Customers to Open Alternative Accounts for Faster Fund Access
The Nigeria Deposit Insurance Corporation (NDIC) has urged bank customers nationwide to open and maintain…
CBN, Finance Ministry Launch DGAS to Curb Inflation and Drive 7% GDP Growth
The Central Bank of Nigeria (CBN) and the Federal Ministry of Finance have launched a joint economic framework, the…
Only 44% of Social Benefits Reach Poor Nigerians, Warns World Bank
A new World Bank report has revealed that Nigeria’s social safety-net programs are failing to reach the citizens…
Edun Reassures Stockbrokers on Balanced Capital Gains Tax Implementation in…
The Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, has reassured stockbrokers and…
UBA GMD Advocates New Financing Model to Boost Africa’s Competitiveness
The Group Managing Director of United Bank for Africa (UBA) Plc, Oliver Alawuba, has urged the adoption of a new…
N4.64tn Wiped Off NGX Market Cap as Stocks Suffer Worst Decline Since 2010
The Nigerian stock market suffered its sharpest single-day fall in over a decade on Tuesday, as bearish sentiment…
Nigeria’s $2.25bn Eurobond Success Reignites Global Investor Confidence
Nigeria has successfully raised $2.25 billion through a dual-tranche Eurobond, marking a significant comeback to…
Africa’s Green Energy Future Hinges on Skilled Project Managers – PMI Warns
The Project Management Institute (PMI) has cautioned that Africa’s ambition to lead in the global green energy…
ALTON Flags Regulatory Conflicts in Nigeria’s National Digital Economy Bill 2025
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has raised concerns over potential…
Summit Bank Unveils Ethical Banking Vision to Promote Inclusive Financial Growth…
Nigeria’s newest non-interest financial institution, Summit Bank Ltd, has reaffirmed its commitment to delivering…
Tinubu to Sign National Digital Economy Bill into Law This Week, Boosting…
President Bola Ahmed Tinubu is set to sign the National Digital Economy and E-Governance Bill 2025 into law this…
ASO Savings Leads Gainers as Nigerian All-Share Index Falls Below 149,000 Points
The Nigerian stock market closed lower on Monday, November 10, as the All-Share Index (ASI) slipped by 742.91…
Nigerian Companies Announce Q3 2025 Dividends Totaling N234.9 Billion
Nigeria’s equity market saw a strong wave of dividend announcements in the third quarter of 2025, with twelve…
Experts Urge Productive Investments as Key to Nigeria’s Eurobond Repayment
Nigeria’s recent $2.35 billion Eurobond issuance, its largest in four years, has reignited discussions on the…
Nigeria’s FX Inflows Hit Five-Month High as Investor Confidence Surges
Nigeria’s foreign-exchange (FX) market recorded a remarkable rebound in October, reaching a five-month high as both…
Nigeria Debt Hits N91.99 Trillion as Investors Brace for Higher Interest Rates
Nigeria’s total debt surged to N91.99 trillion last week as investors sold off bonds and Treasury bills in…
Tinubu Orders Siemens Energy to Upgrade Major Power Substations to Three Phases
President Bola Tinubu has directed Siemens Energy to expand Nigeria’s major power substations from two to three…
Nigeria Crude Oil Earnings Drop by N824.66 Billion in 2024 Despite Revenue Growth
Nigeria’s crude oil and gas sector experienced a significant decline in profitability in 2024, with gross earnings…
AI in Africa: How Kora’s Sundown Sessions is Shaping the Continent’s Digital…
Lagos recently played host to a landmark event that is sparking conversations about Africa’s digital future. Kora,…
Nigerian Stocks Fall as Profit-Taking Wipes Out ₦471.99bn — NGX Opens Week on…
The Nigerian stock market opened the week on a bearish note, with the Nigerian Exchange Limited (NGX) recording a…
Crucial Things to Consider When Buying Shares in Nigeria’s Stock Market
Investing in stocks remains one of the most powerful ways to build wealth, but it requires strategy, discipline,…
Dangote Refinery’s Price Slash May End Petrol Imports in Nigeria as Marketers…
Nigeria’s petroleum market is bracing for a major shift as marketers consider halting petrol imports following a…
Nigerian Banks Earn Record N14.7tn Interest Income in Nine Months Amid High-Rate…
Nine of Nigeria’s biggest banks collectively earned a staggering ₦14.7 trillion in interest income between January…
Lagos State Launches N214.8bn Bond to Fund Infrastructure and Green Projects
Lagos State has officially launched a dual bond offering worth N214.8 billion, marking its largest capital market…
Nigeria Seeks $500 Million World Bank Loan to Boost MSME Financing
The Federal Government of Nigeria has formally requested a $500 million loan from the World Bank to improve…
Dollar Inflows Into Nigeria Jump 62% in October, Boosting Investor Confidence
Nigeria’s foreign exchange market recorded a major rebound in October as total dollar inflows into Nigeria climbed…