Naira Likely to Stay Under Pressure in 2026, Says Economist Yemi Kale
Economist Yemi Kale has warned that the Nigerian naira is likely to remain under pressure against the US dollar throughout…
Category: Local
Nigeria’s Most Improved Stockbrokers in 2025 as Trading Value Jumps 135%
Nigeria’s stock market saw a dramatic resurgence in 2025, with the country’s most improved stockbrokers playing a central role in…
M&P Exits Seplat Energy as Heirs Group Acquires 20% Stake
Seplat Energy Plc has confirmed the complete exit of its founding shareholder, Etablissements Maurel & Prom S.A. (M&P), following the…
Nigeria’s Economy Shows Signs of Stability, but Structural Weaknesses Remain — Yemi Kale
Nigeria’s economy is gradually finding its footing after years of volatility, but deep-seated structural weaknesses continue to hold back inclusive…
SEC to Intensify Market Enforcement in 2026 under ISA 2025 — Boosting Investor Confidence
The Securities and Exchange Commission (SEC) has revealed plans to step up enforcement of market regulations in 2026, following the…
Nigerian Banks Face Reality as CBN Ends COVID-Era Loan Forbearance
After nearly five years of regulatory leniency, Nigeria’s banking sector is confronting a long-postponed reality: the true quality of its…
NGX Crosses N100 Trillion Market Cap as Equities Rally 1.74% in 2026 Kickoff
The Nigerian Exchange (NGX) began 2026 on a high note, with investor optimism and broad-based buying lifting the equities market…
Nigerians Cut Household Spending by N14tn in 2024 Amid Surging Inflation
Household spending in Nigeria plummeted by a staggering N14 trillion in 2024 as soaring inflation ate into the purchasing power…
Tinubu Appoints New Boards for Nigeria’s Oil Regulators, Magnus Abe to Chair NUPRC
President Bola Tinubu has taken a significant step to strengthen Nigeria’s oil and gas governance by nominating former Senator Magnus…
Chapel Hill, CardinalStone Lead Nigerian Exchange Trading in Q4 2025
Chapel Hill Denham Securities Ltd and CardinalStone Securities Ltd emerged as the leading stockbrokers on the Nigerian Exchange (NGX) during…
Business Confidence in Nigeria Soars Amid Insecurity and High Taxes
Nigerian businesses are stepping into 2026 with renewed optimism, according to the December 2025 Business Expectations Survey (BES) by the…
NCC Vows Stronger Consumer Protection as Nigeria’s Telecom Service Gaps Persist
Nigeria’s telecommunications regulator has pledged to adopt a tougher stance on consumer protection in 2026, acknowledging that service disruptions and…
Dollar Inflows Into Nigeria’s FX Market Drop 21% as Foreign Investors Pull Back
U.S. dollar inflows into Nigeria’s official foreign exchange (FX) market fell sharply last week, signaling increased caution among foreign investors.…
Nigeria’s Business Activity Expands for 12th Month Amid Rising Caution
Nigeria’s business activity continued its growth streak for the twelfth month in a row in December 2025, according to the…
CBN and NDIC Challenge Court Jurisdiction in Aso Savings & Union Homes License Revocation Dispute
The Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) have asked the Federal High Court in…
Nigerian Stock Market Surpasses N100 Trillion as Positive Momentum Drives Gains
The Nigerian stock market marked a historic milestone on January 5, 2026, as its total value soared past N100 trillion,…
How Personal Financial Stability Fuels Entrepreneurial Success in Emerging Markets
In volatile economic environments, particularly across emerging markets, entrepreneurs often face more than just business challenges—unstable personal finances can turn…
NNPC Cuts Petrol Price to ₦815 per Litre in Abuja Amid Intensifying Fuel Price War
The Nigerian National Petroleum Company Limited (NNPC Ltd) has reduced the pump price of Premium Motor Spirit (petrol) at its…
Petrol Could Rise to ₦1,400 Per Litre Without Local Refining – Dangote Refinery Warns
Dangote Petroleum Refinery has warned that petrol prices in Nigeria could surge to as high as ₦1,400 per litre if…
FG Adopts Capital De-Risking Strategy to Drive Private-Sector Growth in 2026
The Federal Government has announced a major policy shift toward capital de-risking and private sector–led growth as the cornerstone of…
Just in: NGX Market Capitalisation hits ₦100trn
The Nigerian Exchange (NGX) Limited recorded a major milestone on Monday as its market capitalisation crossed the ₦100 trillion mark…
Africa Can Own and Manage Its Strategic Resources – Tony Elumelu on $500M Seplat Acquisition
Tony Elumelu, Chairman of Heirs Energies, has reiterated Africa’s ability to own, develop, and responsibly manage its strategic resources. Speaking…
Nigeria Tax Reforms Spark Security Alert as NRS Warns Against Misinformation
The Chairman of the Nigeria Revenue Service (NRS), Dr. Zacch Adedeji, has put the nation’s security agencies on high alert…
Nigeria’s Current Account Surplus Set to Reach $18.81 Billion in 2026 – CBN Forecast
Nigeria’s current account balance is set to strengthen significantly in 2026, with the Central Bank of Nigeria (CBN) projecting a…
NGX Premium Stocks Lead Market Gains in 2025: Seplat Posts Steady Returns Amid Strong Index Growth
The Nigerian Exchange (NGX) Premium Index closed 2025 on a high note, outpacing the broader All-Share Index with a remarkable…
Ghana Stock Market Leads Africa in 2025 with 79% Gain
The Ghana Securities Exchange (GSE) Composite Index has claimed the title of Africa’s best-performing stock market in 2025, leaving Nigeria’s…
Dangote Refinery’s Free Petrol Delivery Set to Drive Down Pump Prices Nationwide
Nigerian motorists may soon breathe a sigh of relief as Dangote Refinery finalizes plans to distribute petrol for free to…
Nigeria’s Rising Debt Driven by Exchange Rate Shifts, Not New Borrowing – Budget Office
Nigeria’s soaring debt figures are largely the result of exchange-rate revaluation of existing foreign-currency obligations rather than fresh borrowing, the…
Cash Circulation Stabilizes in Nigeria Amid Central Bank Reforms
Nigeria’s cash supply is showing remarkable signs of stability following sweeping reforms by the Central Bank of Nigeria (CBN), easing…
Venezuela Crisis Could Create $10B Gap in Nigeria’s N58 Trillion 2026 Budget
Nigeria’s 2026 spending plan, pegged at N58.18 trillion, could face a $10 billion shortfall due to the unfolding crisis in…