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Three Key Strategies for Improving Nigeria’s Business Environment in 2025
As Nigeria seeks to attract more investments and improve its business environment in 2025, achieving monetary and…
CBN Waives N250,000 BDCs’ Annual Licence Renewal Fee for 2025
In a bid to streamline operations and foster stability in Nigeria's foreign exchange market, the Central Bank of…
Telcos urge PRC to review annual due payment
Telecom operators in Nigeria have raised concerns over the revised annual payment structure under the Financial…
Telecoms 50% tariff hike: Subscribers head for court as NCC talks deadlocked
Nigerian telecom subscribers, led by the National Association of Telecommunications Subscribers (NATCOMS), are…
MRS, others drag equity market to N284bn loss
The Nigerian Exchange (NGX) closed Tuesday’s trading session in negative territory, with the All-Share Index…
Heavy sanctions for FX code breaches, CBN warns banks
The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has warned financial institutions that violations of…
FG invests N150bn in real estate fund
The Federal Government of Nigeria, through the Ministry of Finance Incorporated (MOFI), has fully subscribed to…
Nigeria secures $1.1bn AfDB fund to power 5m people by 2026 – Tinubu
Nigeria’s President Bola Tinubu has secured a $1.1 billion fund from the African Development Bank (AfDB) aimed at…
MTNN CEO confident regulator’s service quality deadline possible
MTN Nigeria’s CEO, Karl Toriola, has expressed confidence that the company will meet the Nigerian Communications…
Nigeria mulls fresh energy subsidy in $15bn investor pitch – Bloomberg
Nigeria is making a fresh push to attract investors into its struggling power sector by proposing higher tariffs…
Senate threatens to arrest HYPREP coordinator over $360m Ogoni cleanup
The Nigerian Senate’s Public Accounts Committee has warned Professor Nenibarini Zabbey, Coordinator of the…
CBN releases Nigeria FX code to mitigate financial risks
The Central Bank of Nigeria (CBN) has introduced the Nigeria Foreign Exchange (FX) Code to reduce financial risks…
Price of cooking gas drops 13.3% to N16,250 — Investigation
The price of cooking gas (Liquefied Petroleum Gas, LPG) in Nigeria decreased by 13.3% in January 2025, with the…
Marketers fear epileptic fuel supply over unstable PMS prices
Petroleum product marketers are concerned that the instability in petrol prices may result in inconsistent fuel…
BudgIT Emphasizes NBS Independence in GDP and CPI Rebasing
BudgIT, a nonprofit focused on government transparency, has underscored the importance of the National Bureau of…
Wale Edun declares Nigeria’s electricity sector open for investment
Wale Edun, Nigeria’s Minister of Finance, has announced that the country’s electricity sector is open for…
FG should limit contracts to firms listed on NGX — Expert
Mr. Ugodre Obi-Chukwu, CEO of Nairametrics, has called for the Nigerian government to award construction contracts…
Experts Urge Investment in AI to Bridge Educational Gaps in Underserved African…
At the 4th World Education Day Conference (WEDC25), experts called for increased investment in Artificial…
CBN Waives 2025 License Renewal Fee for BDC Operators
In a bid to ease financial pressures on Bureau De Change (BDC) operators, the Central Bank of Nigeria (CBN) has…
SEC to intensify monitoring of capital market operators – Agama
The Securities and Exchange Commission (SEC) has reaffirmed its commitment to stricter monitoring of capital…
LCCI Urges Telecom Operators, Regulator to Improve Service Quality Amid Tariff…
The Lagos Chamber of Commerce and Industry (LCCI) has urged telecom operators and regulators to enhance service…
USSD debt: NCC, telcos rule out deadline extension for banks
The Nigerian Communications Commission (NCC) and telecommunications companies have refused to extend the deadline…
Nigerian Stock Market Gains N795bn As Bullish Run Boosts Investor Confidence
The Nigerian stock market kicked off the week on a strong bullish trend, with the All-Share Index (ASI) rising by…
CFG Report: Banks Charge High Lending Rates to Compensate for High Regulatory…
A recent report by CFG Advisory highlights that Nigerian banks impose high lending rates to offset the costs of…
Tax: UBA Hosts Knowledge Series for SMEs, Business Owners
United Bank for Africa (UBA) Plc is organizing a special Knowledge Series webinar to educate Small and Medium…
FG Unveils 2025 Outlook for Economic Diversification and Prosperity
The Nigerian government, led by Dr. Jumoke Oduwole, Minister of Industry, Trade, and Investment, is prioritizing…
SEC Warns Against Investing in Risevest and Stecs Cooperative Societies
The Securities and Exchange Commission (SEC) has issued a warning to the public, advising against engaging with…
PenCom releases additional N22bn for pension’s settlement
The National Pension Commission (PenCom) announced that the Office of the Accountant General of the Federation…
Telcos await NCC guidelines on 50% tariff hike
Telecommunications operators in Nigeria are awaiting guidelines from the Nigerian Communications Commission (NCC)…
MTN, Transcorp Power Drive Stock Market Gains
The Nigerian stock market ended the week on a strong note, largely driven by increased demand for MTN Nigeria…