Browsing Category
Local
Naira Weakens to N1,387/$ as Nigeria’s Foreign Reserves Fall to $49.29 Billion
The Nigerian naira weakened slightly to N1,387 per dollar on Tuesday, up from N1,386.75/$ recorded in the previous…
Nigerian Crude Soars in March as Bonny Light Commands Premium Amid Geopolitical…
Nigerian crude oil marked its strongest monthly performance in March, climbing nearly 58% and approaching $120 per…
DMO Hikes FGN Bond Yields, Slashes Allotment to N485.50 Billion Amid Strong…
The Debt Management Office (DMO) has increased borrowing costs at its latest Federal Government of Nigeria (FGN)…
NGX Records Historic N30trn Q1 Gain as Nigerian Stocks Surge to Record Highs
Nigeria’s stock market has delivered a historic performance in the first quarter of 2026, with investors recording…
Investors Gain N29 Trillion in Q1 2026 as Nigerian Stock Market Surges
Investors on the Nigerian Exchange Limited (NGX) enjoyed a remarkable start to 2026, recording unprecedented gains…
Nigerian Stock Market Dips by N275 Billion as Investors Take Profits
The Nigerian stock market opened the new week on a negative note, with profit-taking activities in Lafarge Africa…
9.2 Million Nigerians Benefit from FG’s N688bn HoPE Cash Transfer Programme
No fewer than 9.2 million Nigerians have benefited from the Federal Government’s Household Prosperity and…
Wale Edun Urges Mobilisation of Domestic Capital to Boost Nigeria’s Growth and…
Nigeria’s Finance Minister and Coordinating Minister of the Economy, Wale Edun, has emphasised the urgent need to…
Nigeria’s Oil Sector in Crisis: Urgent Reforms Needed Before Wells Run Dry
For decades, Nigeria’s oil sector has been the backbone of the nation’s economy, funding government budgets and…
Nigeria Targets 12 BCF Daily Gas Output Amid Energy Expansion Push
Nigeria is ramping up its natural gas production as part of an ambitious strategy to position the resource at the…
Nigeria’s Solar Panel Imports Surge Amid Persistent Power Outages
Nigeria’s imports of solar panels from Asia have surged, with the fourth quarter alone recording a total of N100.83…
Nigeria Can Boost Oil Production by 100,000 bpd in Months – NNPC CEO
Nigeria has the potential to increase its oil production by about 100,000 barrels per day in the next few months,…
Nigeria’s Creative Economy Could Surpass $13 Billion, NITDA Boss Projects
The National Information Technology Development Agency (NITDA) has highlighted the immense growth potential of…
Tax Filing Deadline Chaos: Nigerians Risk Penalties as FCT-IRS Portal Fails
Thousands of Nigerian taxpayers were left stranded on Monday after technical glitches crippled the Federal Capital…
Nigeria’s Banks Face Credit Challenge as Recapitalisation Ends
Nigeria’s banking sector has grown significantly following the Central Bank of Nigeria’s (CBN) sweeping…
Nigerian Stock Market Dips to 200,484.4 Points as Austin Laz and Zichis Shine
The Nigerian Stock Market ended the trading week on a subdued note as the All-Share Index (ASI) fell to 200,484.4…
Nigeria Eurobonds Extend Bearish Run as Rising Yields Signal Growing Investor Risk…
Nigeria’s Eurobonds continued their bearish trend in March, as rising yields and falling bond prices signaled a…
NGX Sanctions Five Stockbrokers for Market Manipulation, Imposes N291m Fines
Nigeria’s capital market regulator, the Nigerian Exchange Limited (NGX), has sanctioned five stockbroking firms for…
Top Performing Nigerian Stocks for the Week Ended March 27, 2026: Zichis…
The Nigerian equities market closed the week ending March 27, 2026, on a slightly negative note, slipping 0.12% to…
Tax Reforms Drive Nigeria’s Economic Growth: Experts Highlight Opportunities and…
Analysts and tax professionals at the 20th Annual Tax Week have hailed Nigeria’s 2025 tax reforms as a key driver…
Insurance Sector Growth Outpaces Banking but Fails to Boost Nigeria’s GDP…
Nigeria’s insurance sector continues to face a paradox: strong growth rates but minimal contribution to the…
OPL 245 Transparency: Civil Society Groups Demand Full Disclosure of Shell, Eni,…
Civil society organisations in Nigeria are calling for full transparency over the recent reported agreement on the…
FG Launches N12 Billion Digital Economy Research Clusters to Drive Evidence-Based…
The Federal Government of Nigeria has officially opened an Expression of Interest (EOI) for the National Digital…
BOI’s N825 Million Green Fund Cuts Costs and Boosts Industrial Output in Nigeria
Small and large businesses across Nigeria are experiencing lower production costs and improved operational…
FG Launches 3MTT Partner Network, Secures €5m EU Funding to Boost Nigeria’s…
The Federal Government of Nigeria has officially launched the next phase of its Three Million Technical Talents…
Duplication of Single Window System in NCS Act Threatens Cargo Clearance…
Licensed customs agents have raised alarms over what they describe as the duplication of the National Single Window…
Nigeria’s Banking Sector Attracts $13.53 Billion in Foreign Inflows in 2025 Amid…
Foreign capital inflows into Nigeria’s banking sector hit $13.53 billion in 2025, marking a remarkable 93.25%…
Kenya Boosts TVET Sector as Kiharu College Enrolment Surges to 1,800
Kenya’s government is intensifying investment in Technical and Vocational Education and Training (TVET) to…
ZEN Petroleum IPO Fully Subscribed: $640M Listing to Boost Ghana Stock Exchange…
ZEN Petroleum Holdings PLC is set to make a major impact on the Ghana Stock Exchange (GSE) after securing a fully…
Nigerian Stock Market Set to Trade Mixed as Investors Focus on Large-Cap Stocks
The Nigerian stock market is poised for mixed trading in the coming days, with investors increasingly focusing on…