NGX Index Edges Up 0.01% as Access Corp Leads Trading Surge
The Nigerian Exchange (NGX) closed marginally higher on Tuesday, with the All Share Index inching up 0.01% to 149,459.11 points.…
Category: Local
Microsoft and Nigerian Government Train 4 Million Nigerians in AI and Digital Skills Since 2021
Microsoft Corporation and the Federal Government of Nigeria have successfully trained over four million Nigerians in digital and AI skills…
Nigeria’s Crude Oil Exports Hit N37.7 Trillion in Nine Months, Driving FX Stability
Nigeria’s crude oil exports surged to N37.7 trillion in the first nine months of 2025, according to the latest Foreign…
CBN Revokes Licences of Aso Savings and Union Homes over Regulatory Breaches
The Central Bank of Nigeria (CBN) has officially revoked the operating licences of Aso Savings and Loans Plc and Union…
Rising Mobile Data Demand Drives Telecom Growth in Q3 2025
Nigeria’s telecommunications sector continued its steady upward trajectory in the third quarter of 2025, powered by growing demand for mobile…
Nigerian Breweries Trains 360 Retailers Nationwide to Drive Business Growth and Sustainability
Nigerian Breweries Plc has rolled out a nationwide entrepreneurial capacity-building programme aimed at strengthening the growth and sustainability of its…
Year-End Festivities May Push Inflation Higher in December, Experts Warn
Economic analysts have warned that Nigeria’s inflation rate may record a temporary rebound in December as year-end festivities drive higher…
Dollar to Naira exchange rate today, December 17, 2025
The Nigerian Naira showed mixed movements across the foreign exchange market on Wednesday, December 17, 2025, reflecting sustained pressure as…
Dangote Group Appoints Ex-CBN Director Mahmud Hassan as Group Chief Economist
Dangote Group has strengthened its economic advisory team with the appointment of renowned economist and former Central Bank of Nigeria…
Big Banks’ FX Gains Fall to Three-Year Low as Nigeria’s Banking Sector Shifts Strategy
Nigeria’s biggest banks are seeing a sharp slowdown in foreign exchange (FX) gains, once a major source of profits, as…
Analysts Predict Shift to Fundamentally Strong Stocks in Nigeria’s Stock Market Rally
As year-end trading activities gather pace, capital market analysts say investors are increasingly concentrating on fundamentally strong stocks with attractive…
Nigeria’s Trade Balance Surges 43% to ₦19.3tn in Nine Months — NBS Data
Nigeria’s trade balance recorded a great improvement in the first nine months of 2025, rising by 43.8 per cent year-on-year…
Bright Simons Warns Bank of Ghana’s Non-Interest Banking Rebrand Risks Confusion and Failure
Bright Simons, Vice President of policy think tank IMANI Africa, has raised serious concerns about the Bank of Ghana’s proposed…
Nigeria Spends N8.64 Trillion on Imported Boilers, Machinery, and Appliances in 2025
Nigeria has spent a staggering N8.64 trillion on imported boilers, machinery, and appliances in the first nine months of 2025,…
Investing in FGN Savings Bonds vs FGN Bonds
The Federal Government of Nigeria (FGN) offers two key investment options for those looking to invest in government debt: FGN…
CBN Approves 82 BDC Licenses: Forex Traders Expect More Approvals Soon
Retail forex traders in Nigeria, known as Bureau De Change (BDC) operators, are optimistic that the Central Bank of Nigeria…
Cyberattacks Surge: Nigeria Among Most Targeted African Countries in November 2025
Nigeria has emerged as one of the most targeted African countries for cyberattacks in November 2025, according to a new…
NGX ICT Stocks Surge to N18.6 Trillion Market Cap in 2025 Amid Investor Optimism
Technology stocks on the Nigerian Exchange (NGX) have emerged as one of the standout performers in 2025, attracting significant investor…
Nigeria’s Fintechs and Startups Shine at NiRA 2025 .ng Domain Awards
Nigeria’s fintechs and startups took centre stage at the 2025 Nigeria Internet Registration Association (NiRA) .ng Domain Awards, signaling the…
Nigeria’s ₦30 Trillion Revenue Shortfall Sparks Concerns Over 2026 Budget
Nigeria’s federal government is under fresh scrutiny after revealing a ₦30 trillion shortfall in its 2025 revenue, casting doubts on…
Dangote Petrol Price War: How Nigeria’s Fuel Market Faces a Brutal Downstream Shake-Up
Nigeria’s downstream petroleum sector is in the grip of a fierce price war following Dangote Petroleum Refinery’s dramatic cut in…
Idle NNPC Refineries Drive Nigeria’s Petrol Imports Despite Dangote Output
Nigeria’s dependence on imported petrol deepened in November as marketers blamed the continued dormancy of government-owned refineries for the surge…
Nigeria Inflation Eases to 14.45% as OPS Calls for MSME Credit Support
Nigeria’s headline inflation rate declined to 14.45 per cent in November 2025, marking a further easing in consumer price pressures,…
NGX Gains ₦3bn as Cautious Trading Reflects Investor Selectivity
The Nigerian equities market closed the first weekday of trading on a modest positive note, with the Nigerian Exchange Limited…
Nigeria’s Data Reforms Drive Economic Gains as Inflation Eases to 16.05%, GDP Grows 3.98%
Nigeria’s ongoing data and economic reforms are beginning to pay off, with inflation easing to 16.05 percent in November 2025…
BREAKING NEWS: Nigeria Inflation Drops to 14.45% in November 2025, Beats Tinubu’s 15% Target
Nigeria’s headline inflation rate slowed to 14.45 percent in November 2025, marking a notable decline from 16.05 percent in October…
FG Set to Forfeit N1.4 Trillion in 2026 Through 5% Corporate Tax Cut to Boost Economy
The Federal Government of Nigeria is set to give up approximately N1.4 trillion in revenue in 2026 by reducing the…
NCC Attributes Poor Telephone Services in Abuja to Diesel Supply Disruption
The Nigerian Communications Commission (NCC) has confirmed ongoing disruptions in telephone services across Abuja, acknowledging that the quality of service…
99% of Nigerian Stock Market Investors Exempt from Capital Gains Tax, Says FG
The Federal Government has assured Nigerian investors that the vast majority of participants in the stock market will not be…
Bosun Tijani Explains How Bandits Evade Tracking Despite NIN-SIM Linkage
Nigeria’s Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, has clarified his recent comments on how bandits exploit…