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Dangote Refinery Set for Africa’s Biggest IPO With POS, Fintech Platforms for…
Africa’s largest refinery, the Dangote Refinery, is preparing to revolutionize retail investing in Nigeria as it…
FX Inflows Hit $112.27bn as Autonomous Dollar Sources Dominate Nigeria’s FX Market…
Nigeria’s foreign exchange market underwent a major structural shift in 2025, as total FX inflows climbed to…
SEC Pushes Data and AI-Driven “Intelligent Investing” to Transform Nigeria’s…
The Securities and Exchange Commission (SEC) says Nigeria’s capital market is entering a new phase where data,…
Nigeria Inflation Set to Rise Again as FMDA Projects 16.42% April Rate Amid Food…
Nigeria’s inflation outlook is once again turning upward, as the Financial Market Dealers Association (FMDA)…
Telcos Pour N2.5 Trillion into Network Expansion as NCC Battles Rising Service…
Nigeria’s telecommunications industry recorded massive infrastructure spending in 2025, with operators investing…
AI Adoption in Nigeria Drives Productivity Growth as 93% of Firms Embrace Smart…
Artificial intelligence is quickly becoming a major driver of business growth in Nigeria, as…
Telcos Promise Better Network Quality in Nigeria as ATCON Pledges Service…
Telecommunications companies in Nigeria have pledged that users will experience better call quality, stronger…
First HoldCo Drives NGX Activity as All-Share Index Crosses 252,500 Level
The Nigerian Exchange (NGX) closed Wednesday, 13 May 2026, on a mildly positive note as the All-Share Index climbed…
Aliko Dangote Rejects NNPC Bid for Bigger Refinery Stake as Petrol Supply Hits…
Nigeria’s richest businessman, Aliko Dangote, has revealed that the Dangote Group turned down an attempt by the…
NIBSS Intermittent Failures Trigger Delayed Transactions Across Nigerian Fintech…
Nigeria’s digital payments ecosystem experienced widespread disruptions on Tuesday as the Nigeria Inter-Bank…
Nigerian Stock Market Rally Continues as Equities Gain N1.52 Trillion Amid Strong…
The Nigerian equities market extended its bullish run on Tuesday as investors recorded a combined gain of…
Tier-One Nigerian Banks’ Assets Hit N161.4 Trillion Amid Strong Earnings Growth…
Nigeria’s five biggest lenders—commonly known as FUGAZ—ended 2025 on a stronger footing, with combined total assets…
FGN Bond Auction May 2026: DMO Announces N600 Billion Issuance to Finance…
The Debt Management Office has announced a fresh N600 billion Federal Government of Nigeria bond auction scheduled…
Nigeria Inflation to Hit 16% in April as Fuel Price Surge Drives Cost Pressures –…
Nigeria’s inflation rate is expected to climb to 16 percent in April 2026, up from 15.38 percent recorded in March,…
Nigeria’s Oil Production Climbs to 1.66mbpd in April as Output Nears OPEC Quota
Nigeria’s oil production recorded a strong increase in April 2026, with total crude oil and condensate output…
Nigeria’s Petrol Consumption Climbs to 51.1 Million Litres Daily in April Amid…
Nigeria’s daily petrol consumption surged to 51.1 million litres per day in April 2026, up from 47.3 million litres…
Nigerian Breweries Surges Nearly 10% as NGX Market Capitalization Hits N161…
The Nigerian stock market continued its bullish run on Tuesday as the Nigerian Exchange (NGX) All-Share Index…
NNPC Remits $29m Crude Revenue to FAAC as NUPRC Collections Drop Amid NRS…
Nigeria’s state-owned oil company, the Nigerian National Petroleum Company Limited, has remitted $29.28 million in…
Dangote Refinery Supplies Nearly 80% of Nigeria’s Petrol Demand as Fuel Imports…
Nigeria’s fuel market witnessed a major shift in April 2026 as the Dangote Petroleum Refinery supplied nearly 80…
CBN Dormant Accounts Directive: Four Banks Publish Over 321,000 Inactive Accounts
Four Nigerian banks have published details of more than 321,000 dormant accounts in compliance with a directive…
Nigerian Breweries, Guinness, Others Defy Economic Hardship as Revenue Jumps to…
Despite worsening economic conditions and shrinking consumer purchasing power, Nigeria’s leading brewing…
NNPC and NUPRC Remit N322bn, $116.9m Under Executive Order 9 as Nigeria Boosts Oil…
The Nigerian oil sector recorded a major revenue boost as the NNPC Limited and the Nigerian Upstream Petroleum…
Nigeria’s Banking Sector Set for N10.53 Trillion Liquidity Surge as Investor…
Nigeria’s banking sector is on track to receive a massive liquidity boost of about N10.53 trillion in May 2026,…
SEC Recapitalisation to Trigger Asset Management Consolidation in Nigeria
Nigeria’s asset management industry is set for a major shake-up as the ongoing Securities and Exchange Commission…
CBN Raises Governance Alarm Over Non-Interest Banks Amid Rising Islamic Finance…
The Central Bank of Nigeria (CBN) has issued a fresh warning to non-interest financial institutions over growing…
Nigeria Oil and Gas Sector Expansion: FG, Investors Push Offshore Growth, Refining…
Nigeria’s oil and gas sector expansion took center stage as President Bola Tinubu and top government officials…
Nigeria exported 485 million barrels of crude oil in 2025 amid rising refinery…
Nigeria exported about 485.44 million barrels of crude oil in 2025, representing roughly 82% of its total…
Nigeria’s Device Market Shifts as 5G Adoption Lags Despite Speed Gains
Nigeria’s smartphone market is undergoing a noticeable shift as consumer behaviour changes and network realities…
NGX ETFs Rebound Strongly as Trading Value Hits N1.11 Billion Amid Renewed…
Exchange Traded Funds (ETFs) listed on the Nigerian Exchange (NGX) recorded a strong rebound in the week ended May…
Nigerian Stock Market Hits Historic 250,000 Points as Dangote Cement and Tier-One…
The Nigerian equities market extended its bullish momentum on May 11, 2026, breaking new ground as the All-Share…