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Stockbrokers Call for Capital Market Reforms to Achieve Nigeria’s $1 Trillion…
The Chartered Institute of Stockbrokers (CIS) has urged the Federal Government to implement comprehensive capital…
Nigeria’s Oil Production Hits Six-Month High at 1.5m bpd, Surpasses OPEC Quota…
Nigeria’s crude oil production climbed to its highest level in six months in July, marking a strong rebound after…
First Fund Customers Threaten Protest Over GH¢170m Locked Funds After Six-Year…
Aggrieved investors of First Fund, a scheme formerly managed by the defunct First Banc Financial Services, have…
Banks’ Cash Deposits with CBN Drop 41.6% as Borrowing Hits ₦820bn Amid Tight…
Nigeria’s banking sector experienced a dramatic liquidity shift last week as commercial banks slashed excess cash…
Dangote Refinery Fuel Rollout Stalled as FG, Marketers Clash Over CNG Logistics…
The planned nationwide rollout of petroleum products by Dangote Petroleum Refinery has hit a major setback…
NGX Dividend Drought: 45 Companies Go Five Years Without Payouts
Forty-five of the 146 companies listed on the Nigerian Exchange Limited (NGX) have not paid dividends in at least…
Meta and X Face NITDA Sanctions for Flouting Nigeria’s Internet Code of Practice
Meta, the owner of Facebook, Instagram, WhatsApp, and Threads, and X, formerly Twitter, have been flagged for…
Naira to Gain Temporary Boost as U.S. Plans Interest Rate Cuts
The naira could experience a short-term appreciation against the U.S. dollar as the Federal Reserve signals…
Africa Prudential Records 75% Profit Growth in H1 2025 on Strong Diversified…
Africa Prudential Plc has reported a robust financial performance for the first half of 2025, posting a 75 percent…
Nigeria’s Financial Markets Show Resilience Amid Global Economic Uncertainty
Nigeria’s economy expanded by 3.13% in Q1 2025, surpassing last year’s 2.27% but falling short of the 4.9%…
Ghana Pays GH¢9.7bn DDEP Coupon to Restore Investor Confidence Ahead of Bond…
Ghana’s government has settled GH¢9.7 billion in coupon arrears under the Domestic Debt Exchange Programme (DDEP),…
Dangote Refinery Receives 1,000 CNG Trucks, Fuel Distribution to Begin in…
The Dangote Petroleum Refinery is set to launch its direct fuel distribution scheme in the coming weeks as 1,000…
Nigeria Data Protection Act Enforcement: NDPC Targets Banks, Insurers, and Tech…
The Nigeria Data Protection Commission (NDPC) has launched an aggressive enforcement drive targeting financial…
Dangote Refinery and Petrol Prices: 10 Swings in 10 Months Despite Local Supply
Nigeria’s petrol market has experienced dramatic volatility since the Dangote Refinery began supplying fuel in…
CBN Raises ₦8.99 Trillion via T-Bills in 7 Months as Rates Drop to 15%
The Central Bank of Nigeria (CBN) raised a total of ₦8.99 trillion through Treasury Bills (T-Bills) auctions in…
Nigerian Breweries, International Breweries, Champion Breweries Post N1.09…
Nigerian Breweries Plc, International Breweries Plc, and Champion Breweries Plc collectively recorded an…
FCMB Group Plans Equity Capital Raise to Fund Regional and International Expansion
FCMB Group Plc has announced plans to raise equity capital as part of its strategy to strengthen its capital base…
Nigeria’s GDP to Grow 3.2%-3.9% in Q2 2025 on Rebasing, FX Stability, and Stronger…
Nigeria’s economy is on track to post faster growth in the second quarter of 2025, with analysts projecting real…
Ghana Misses T-Bill Target for Third Consecutive Week as Yields Climb
Ghana’s Treasury Bill market remained under pressure last week as the government failed to meet its issuance…
CBN Introduces Bank Customers’ Bill of Rights to Strengthen Consumer Protection…
The Central Bank of Nigeria (CBN) has launched the Bank Customers’ Bill of Rights to protect consumers and promote…
Nigerian Equities Market Slumps as Investors Lose N2.29 Trillion in One Week
The Nigerian equities market witnessed a sharp downturn last week, as investors lost approximately N2.29 trillion …
Nigeria Targets 2.5 Million Barrels Per Day Oil Output by 2026, Says NUPRC
Nigeria is on track to boost its crude oil output to 2.5 million barrels per day (mbpd) by 2026, according to the…
NNPCL Posts N185bn Profit Despite Debt Burden, Remits N7.9tr to FAAC
The Nigerian National Petroleum Company Limited (NNPCL) reported a profit after tax of ₦185 billion in July 2025,…
Non-Bank Corporates Drive 24% Surge in Nigeria’s FX Inflows as Dollar Bond Hits…
Nigeria recorded a significant boost in foreign exchange inflows in July 2025, climbing 24% to $1.7 billion,…
Nigerian Stock Market Loses N781bn as Sell-Offs Deepen Bearish Sentiment
The Nigerian stock market extended its losing streak on Thursday, shedding N781 billion in market value…
Ghana Pledges Fiscal Stability and Digital Transformation to Boost Private Sector…
Ghana’s government has reaffirmed its commitment to fiscal stability and private sector development as part of…
Nigeria’s FX Reserves Surge to $41bn in August, Highest Level in Nearly Four Years
Nigeria’s foreign exchange reserves have surged past the $41 billion mark in August, recording their strongest…
Technology, analytics to enhance transport systems – Expert
Integrating technology and advanced analytics into transport systems can significantly improve efficiency and road…
FCMB, FMO Launch ₦20 Million AgriTech Investment Programme for Nigerian Startups
First City Monument Bank (FCMB) in partnership with the Dutch Entrepreneurial Development Bank (FMO) has unveiled…
Nigerian Pension Funds Seek Alternative Investments to Protect N24 Trillion Amid…
Operators in the Nigerian pension industry are calling for regulatory reforms to allow broader investment…