Finance and Technology Key to Unlocking Nigeria’s Gas Potential – Industry Leaders
Industry experts have stressed that stronger financing frameworks, strategic infrastructure investment, and the adoption of advanced technology are crucial to…
Category: Local
Report: Rising oil prices will improve current account balances of Nigeria, Ghana
A surge in global oil prices triggered by the escalating conflict involving the United States, Israel and Iran could bring…
Oil Price Surges to $84 Per Barrel, Surpassing Nigeria’s 2026 Benchmark Amid Middle East Tensions
Crude oil prices soared on Thursday, reaching $84 per barrel, the highest level in 2026, well above Nigeria’s federal budget…
Nigerian Private Sector Credit Slides to N75.24 Trillion in January 2026 Amid Tight Lending Conditions
Nigerian banks’ lending to the private sector dipped to N75.24 trillion in January 2026, down from N75.83 trillion in December…
Nigeria to Launch National Single Window Digital Trade Platform on March 27
Nigeria is set to officially launch its National Single Window (NSW) digital trade platform on March 27, a move hailed…
FG Sets Ambitious Goal: Manufacturing to Contribute 25% to Nigeria’s GDP by 2035
The federal government has unveiled a bold plan to significantly expand Nigeria’s manufacturing sector, targeting a contribution of 25 per…
CBN Strengthens Gold Reserves to $3.5bn as Senate Moves to Make Apex Bank Lead Fintech Regulation
The Central Bank of Nigeria (CBN) has increased its gold reserves to $3.5 billion by acquiring domestically sourced, London Bullion…
Nigeria’s $6 Billion Freight Market: Why Local Shipping Investors Are Missing Out
Despite Nigeria’s strategic 900-kilometre coastline and a market of over 200 million people, local shipping investors are largely absent from…
Nigeria’s Money Supply Falls to N123 Trillion as Bank Liquidity Tightens
Nigeria’s money supply (M²) experienced a slight decline in January 2026, falling 0.8 percent month-on-month to N123.4 trillion from N124.4…
MTN and Aradel Lead Nigerian Market Value as All-Share Index Edges Down 0.08%
The Nigerian All-Share Index (ASI) closed slightly lower on 4th March 2026, dipping 0.08% to 196,463.2 points, halting its steady…
CBN Treasury Bill Auction Sees N2.34 Trillion in Bids, One-Year Bill Leads Investor Demand
The Central Bank of Nigeria (CBN) recorded strong investor interest at its Treasury Bill Primary Market Auction held on March…
Cooking Gas Price Soars 40% to N1,400 per KG Amid Middle East Crisis
The price of cooking gas in Nigeria has surged sharply, jumping 40 percent to N1,400 per kilogram, following escalating tensions…
CBN Forex Reforms Boost Reserves and Stabilize Naira Amid Economic Recovery
Nigeria’s Central Bank (CBN) forex reforms have yielded significant results, with the country’s external reserves climbing to $50.45 billion and…
CBN Reforms Push Naira to First Annual Gain in 13 Years
Nigeria’s currency recorded a historic turnaround in 2025 as reforms by the Central Bank of Nigeria (CBN) helped the naira…
Nigerian Crude Oil Surges Past $80 Amid Middle East Tensions – Highest Since 2024
Nigerian crude oil prices have climbed past $80 per barrel, marking the highest levels since mid-2024. The spike follows recent…
Nigeria’s Path to Global Oil Leadership: Strategic Measures Highlighted by Petroleum Engineers
The Society of Petroleum Engineers Nigeria (SPEN) has urged swift action, resilience in coordination, and disciplined project execution to solidify…
Nigeria Telecoms GDP Hits N18.5tn in 2025 as Data Boom and 5G Rollout Accelerate Digital Economy
Nigeria’s telecommunications industry strengthened its grip on the economy in 2025, contributing N18.5 trillion to real Gross Domestic Product (GDP)…
Higher Oil Prices Not Nigeria’s Opportunity: Gas Shock and Strait of Hormuz Risk Expose Structural Vulnerabilities
Higher oil prices are once again dominating global headlines, but they may not represent the opportunity many assume for Nigeria.…
Indigenous Operators Drive Nigeria’s Oil Production Ambitions
Nigeria’s upstream oil and gas sector is undergoing a pivotal transformation as indigenous operators move from marginal participants to central…
Nigeria’s Economy Set to Grow 5.5% in 2026 as Inflation Falls to 6%
Nigeria is poised for stronger economic growth in 2026, with analysts projecting a full-year GDP increase of 5.55% and inflation…
Nigeria’s Net Reserves Soar to $34.8 Billion in Two Years, Boosting Economic Confidence
Nigeria’s net external reserves have skyrocketed by 772 percent over the past two years, reaching $34.8 billion at the end…
VAT Hits Record N1tn as New Sharing Formula Boosts States’ Revenue in 2026
Nigeria’s Value Added Tax (VAT) revenue surged to a record N1.08 trillion in January 2026, marking the first full month…
NGX Market Cap Soars by N710bn as Investor Confidence Boosts Oil, Industrial, and Consumer Stocks
The Nigerian Exchange (NGX) saw a significant surge in market capitalization yesterday, gaining N710 billion as investors returned to key…
Top 10 Best-Performing Nigerian Stocks in February 2026 as NGX Surges 16.60%
Nigeria’s stock market delivered a powerful rally in February 2026, with the benchmark index of the Nigerian Exchange Group (NGX)…
NGX Gains N710bn Despite Iran War Fears as Global Markets Slide
Nigeria’s stock market delivered a rare show of strength on Tuesday as the Nigerian Exchange Limited (NGX) gained N710 billion…
FGN Savings Bond March 2026: Earn Up to 13.9% with Sovereign-Backed Returns
The Federal Government of Nigeria (FGN) has announced its March 2026 Savings Bond, offering retail investors interest rates of up…
ANOH Gas Delivers First Gas to NLNG, Marks Start of Full Commercial Operations
ANOH Gas Processing Company (AGPC) has officially delivered its first batch of processed natural gas to Nigeria LNG Limited (NLNG),…
Nigeria’s Reform Dividend: Experts Predict Economic Growth Surge in 2026
Nigeria is set to reap the benefits of its ongoing reform cycle in 2026, with households and businesses expected to…
United Capital Revenue Soars 35% to N58.55bn as Profitability Strengthens in 2025
United Capital Plc has reported a robust 35 per cent year-on-year growth in revenue, climbing from N43.43bn in 2024 to…
NGX Group Appoints Olajumoke Olaniyan as Chief Strategy Officer to Drive Market Innovation
The Nigerian Exchange (NGX) Group Plc has announced the appointment of Ms. Olajumoke Olaniyan as its new Group Chief Strategy…