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FG to Generate ₦796bn Annually from 5% Fuel Surcharge Despite Public Outcry
The Federal Government of Nigeria is set to implement a five per cent surcharge on all refined fossil fuel…
Nigeria Eurobond Yields Hit 3-Year Low as Investor Confidence Surges on Economic…
Nigeria’s Eurobond yields are nearing their lowest levels in three years, a development driven by strong investor…
Economist Cautions BoG’s Aggressive Rate Cut Amid Fragile Recovery-Ghana
The Bank of Ghana (BoG) has come under scrutiny after announcing a significant 300 basis point cut in its policy…
Tinubu’s $1 Trillion Economic Goal Hinges on Support for Local Industry —…
President Bola Tinubu’s vision to transform Nigeria into a $1 trillion economy by 2030 has been described as bold…
NAICOM Restricts Use of AI, Blockchain in High-Risk Insurance Products
The National Insurance Commission (NAICOM) has introduced new regulatory guidelines that limit the role of…
Naira Slightly Weakens Amid Summer Dollar Demand Surge, But Outlook Remains Stable
The naira experienced a minor depreciation across both official and parallel foreign exchange markets on…
Dangote Sugar, Berger Paints, others push NGX-ASI above 139,000 points
Nigeria’s equities market extended its bullish run on Wednesday, July 30, 2025, as the Nigerian Exchange All-Share…
Nigeria’s Pension Assets Surge to N24.63 Trillion in June 2025 Amid Strong…
Nigeria’s pension fund assets reached a historic N24.63 trillion in June 2025, representing a 2.17% increase from…
CBN Holds Interest Rates to Tame Inflation Amid Global Uncertainty
Amid global economic turbulence and persistent inflation, the Central Bank of Nigeria (CBN) has decided to…
Tinubu’s Economic Reforms Cut Northern States’ Debt by 42%, Boost Revenue — FG
The Federal Government has announced a 42.06% drop in the domestic debt of Northern states, attributing the fiscal…
FX Liquidity Boost: Nigerian Banks Resume Naira Payments for Foreign School Fees…
Nigerian banks have resumed accepting naira card payments for international tuition fees and medical bills,…
Fintech Dominates Africa’s Startup Funding in H1 2025, Securing 45% Share
Africa’s fintech sector asserted its dominance once again in the first half of 2025, capturing 45% of all…
Naira Strengthens Amid Forex Oversupply and Security Clampdown — CBN Policies,…
Currency traders have cited a significant oversupply of dollars in the Nigerian forex market, combined with the…
Nigeria’s Industrial Sector Shrinks Despite GDP Growth: MAN Urges Manufacturing…
Nigeria’s Gross Domestic Product (GDP) grew by 3.13% in Q1 2025, according to the National Bureau of Statistics…
Petroleumprice.ng Launches Nigeria’s First Verified Digital Marketplace for…
A Nigerian oil and gas tech firm, Petroleumprice.ng, has officially launched a first-of-its-kind digital…
Investor Confidence and High Yields Drive N4.67 Trillion in FGN Bond Subscriptions…
In the first seven months of 2025, the Federal Government of Nigeria (FGN) bonds drew an impressive N4.67 trillion…
Cedi Surges 40.7% Against Dollar in 2025, Driven by Strong Fundamentals and…
The Ghanaian cedi has posted a remarkable recovery in 2025, appreciating by 40.7% against the US dollar within the…
Nigeria’s AI Future at a Crossroads: Experts Urge Swift Regulation to Unlock…
As Nigeria rapidly embraces Artificial Intelligence (AI), particularly generative models, experts warn that the…
NCC Leads Push for MVNO Sustainability in Nigeria’s Telecom Sector
The Nigerian Communications Commission (NCC) is taking a leadership role in promoting the sustainable growth of…
Bank of Ghana Cracks Down on Forex Violations: Banks and MTOs Face Licence…
The Bank of Ghana (BoG) has issued a stern warning to financial institutions, threatening to revoke the licenses…
Nigeria to Monitor N25m+ Transactions Monthly from 2026 Under New Tax Law
Starting January 2026, banks and other financial institutions in Nigeria will be required to report monthly…
FCMB Sees Strong Growth as Earnings Hit N529.2bn in H1
FCMB Group Plc has reported strong financial results for the first half of 2025, with gross earnings rising by…
Nigerian Stock Market Hits 18-Day Bull Run as NGX Rallies Past ₦85 Trillion —…
The Nigerian equity market is experiencing an extraordinary bullish streak, notching up 18 consecutive days of…
FG Records Strong Investor Appetite in July Bond Auction, Allots N185.9 Billion…
The Federal Government of Nigeria, through the Debt Management Office (DMO), successfully raised N185.9 billion in…
Dangote Refinery Withdraws ₦100bn Lawsuit Against NNPC, Marketers Amid Industry…
Dangote Petroleum Refinery and Petrochemicals has abruptly withdrawn its ₦100 billion lawsuit against several key…
Manufacturers Urge CBN to Cut Interest Rates Amid Inflation Crisis
The Manufacturers Association of Nigeria (MAN) has urged the Central Bank of Nigeria (CBN) to cut interest rates,…
CBN Holds Interest Rates Steady Amid Inflation Pressures, Eyes Economic Stability
The Central Bank of Nigeria (CBN), in a decisive move during its July 2025 Monetary Policy Committee (MPC)…
CBN Rate Hold Spurs Four Smart Investment Strategies: Experts Advise on Fixed…
The Central Bank of Nigeria (CBN) has decided to maintain its benchmark interest rate at 27.5 percent, a move…
NGX Gains ₦400bn as Investor Optimism Boosts Trading Activity
The Nigerian Exchange Limited (NGX) kicked off the trading week on a bullish trajectory, gaining ₦400 billion in…
Nigeria’s Agriculture GDP Share Rises to 27.8% in Q1 2025 Despite Sector…
Nigeria’s agricultural sector recorded a notable increase in its GDP share to 27.8% in Q1 2025, according to new…