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Telecoms Sector Expands with 2,850 New Sites and $1bn Investment in Q4 2025 – NCC…
The Nigerian Communications Commission (NCC) has revealed significant progress in the nation’s telecoms sector,…
Africa’s AI Drive Must Prioritize Human Factors, Expert Warns
Africa’s push to adopt artificial intelligence (AI) risks falling short if governments continue to focus solely on…
NNPC Unveils Gas Master Plan 2026, Targets 20 Million LPG Cylinders by 2030
The Nigerian National Petroleum Company Limited (NNPC Ltd) has officially unveiled its Gas Master Plan (GMP) 2026,…
Nigerian Manufacturers Face 21% Surge in Energy and Raw Materials Costs
Eight major Nigerian manufacturing firms spent a combined N1.01 trillion on energy and raw materials in the nine…
Nigeria Removed from EU High-Risk List After Major Financial Reforms
Nigeria has officially been removed from the European Union’s high-risk list for money laundering and terrorism…
FG Disburses N2.45 Trillion to States for Infrastructure and Security Projects
The Federal Government (FG) has disbursed a total of N2.45 trillion to Nigeria’s 36 states and the Federal Capital…
UACN’s Acquisition of CHI Limited: A Strategic Gamechanger in 2025 Results
UAC Nigeria PLC (UACN) has unveiled its 2025 financial results, revealing a mixed performance that caught many…
NGX All-Share Index Falls 0.09% as Trading Activity Dips Amid Market Shifts
The Nigerian Exchange Limited (NGX) All-Share Index slipped 0.09% last week, closing at 165,370.40 points. Despite…
Nigeria’s Crude Exports to Drop 225,000 BPD as Shell Shuts Bonga FPSO for…
Nigeria’s crude oil exports are set to decline by about 225,000 barrels per day this February due to the planned…
Bank Stocks Drag NGX Lower Despite Fresh Listings Boosting Market Capitalisation
The Nigerian Exchange (NGX) ended the week on a subdued note as sustained selling pressure in banking stocks…
VDL Technologies Sets Sights on Africa, Europe Expansion Amid Nigeria’s Economic…
VDL Technologies has unveiled plans to expand its operations across Africa and Europe as it looks to scale beyond…
Nigeria Gas Flaring Hits 203.9 Billion SCF in 2025 Despite High Utilisation –…
Nigeria continued to struggle with gas flaring in 2025, releasing over 203.9 billion standard cubic feet (SCF) of…
CBN Governor Olayemi Cardoso Engages British International Investment Delegates to…
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Wednesday, January 28, 2026, welcomed a…
Nigeria’s N58.4 Trillion Budget Passes Second Reading as Senate Tackles Electoral…
The House of Representatives has passed President Bola Tinubu’s N58.4 trillion 2026 budget through its second…
FCMB Records N177bn Profit in 2025, Driven by Strong Lending and Fee Income
FCMB Group Plc has announced a remarkable profit after tax of N177 billion for the year ended December 31, 2025,…
FG’s N9tn Surge in Domestic Loans Crowds Out Private Sector Credit in 2025
Nigeria’s Federal Government sharply increased its domestic borrowing in 2025, drawing N9.19tn from financial…
BUA Foods Reports N508bn Profit After Tax in 2025, Marking 91% Growth
BUA Foods Plc has announced a remarkable N507.7 billion profit after tax for the year ended 31 December 2025,…
Nigeria Telecoms Regulator Removes 450 Illegal Boosters, Fines Operators N45…
The Nigerian Communications Commission (NCC) has stepped up efforts to improve telecom service quality by…
$21bn Capital Inflows Signal Nigeria’s Post-Oil Economic Turning Point
Nigeria may be entering a long-awaited phase of economic recovery, as fresh data points to a decisive shift away…
Naira Strengthens Below N1,400/$ as Official FX Market Records Fresh Gains
Nigeria’s naira has broken below the N1,400-to-the-dollar threshold on the official foreign exchange market…
NGX Market Capitalisation Rises by N232bn on Improved Investor Sentiment
The Nigerian Exchange (NGX) closed trading on Thursday, January 29, 2026, on a positive note as renewed investor…
Nigeria Eyes $400 Billion Commodities Market Through UAE-LCFE Partnership
Nigeria is positioning itself as a key gateway to Africa’s $1 trillion commodities market, aiming to capture $400…
Reforms and Price Transparency Set to Transform Nigeria’s Markets in 2026 – NGX…
Nigeria’s capital markets are poised for a stronger, more transparent future in 2026, thanks to ongoing…
Multi-Trex Secures NGX Approval to Boost Public Shareholding
Multi-Trex Integrated Foods Plc has received a regulatory nod from the Nigerian Exchange (NGX) to take steps toward…
NNPC Petrol Price Increase: Lagos Rises to N835, Abuja to N839 Amid Market Forces
The Nigerian National Petroleum Company (NNPC) Limited has increased petrol prices, with Lagos motorists now paying…
Nigeria Loses Billions Daily to Illegal Mining, Experts Warn
Nigeria is losing billions of naira every day to illegal mining and the underexploitation of non-oil resources, the…
Nigeria’s Top Startups Dominate 2025 Funding, Capturing 83% of Capital Inflows
Nigeria’s startup ecosystem in 2025 saw a striking concentration of investment, with a handful of companies…
NIPetE Symposium Highlights Innovation-Driven Future for Nigeria’s Energy Sector
Nigeria’s energy future is poised for transformation, as experts at the 2026 NIPetE Oil and Gas Symposium…
Nigeria’s 5G Reality Check: Half of 5G Device Users Still Lack Network Access
As Nigerians increasingly upgrade to 5G-enabled smartphones, a surprising digital paradox is emerging: around 50%…
South-West States Unveil N8.7tn 2026 Budget Focused on Capital Projects and…
The South-West states of Nigeria have proposed a combined budget of N8.7 trillion for 2026, with capital…