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,…
Category: Local
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…
World Bank Warns Rising Air Conditioner Use Could Strain Nigeria’s Power Grids
The World Bank has raised concerns over the rising use of air conditioners in Nigeria and other developing countries, warning…
NSIA’s 2025 Impact: Driving Nigeria’s Economic Growth Through Strategic Investments
In 2025, the Nigeria Sovereign Investment Authority (NSIA) has firmly established itself as more than just a savings and stabilization…
US Fed Rate Cut Could Ease Pressure on Naira, Analysts Say
The United States Federal Reserve’s decision to lower its key interest rate by 25 basis points to a range of…
Nigerian Stock Market Gains N1.5 Trillion as MTN, Breweries, and Dangote Sugar Lead Rally
The Nigerian stock market recorded a strong rebound last week, with investors gaining over N1.5 trillion as trading momentum picked…
Non-Oil Exports Surge to Record N9.2 Trillion in First Nine Months of 2025
Nigeria’s non-oil export sector has reached a historic milestone, generating N9.2 trillion in the first nine months of 2025, a…
Nigeria’s Telecom Sector Achieves 5.78% Growth in Q3 2025 Amid Economic Challenges
Nigeria’s telecommunications industry posted a real growth rate of 5.78% in the third quarter of 2025, according to the latest…
BUA Rewards 510 Employees with N30 Billion at 2025 Night of Excellence
BUA Group has recognized the dedication and loyalty of its workforce by awarding N30 billion to 510 employees during its…
Champion Breweries Rights Issue: Brewer Opens ₦16bn Capital Raise to Fund Bullet Brand Expansion
Champion Breweries Plc has officially opened a ₦16 billion Rights Issue of ordinary shares, priced at ₦16 per share, after…
NGX Adds N1.54 Trillion as Stock Market Rallies 1.63% on Investor Confidence
Nigeria’s equities market ended last week on a strong note, with investors gaining N1.54 trillion as the benchmark index advanced…
Petrol Price War Escalates as Dangote Accuses NMDPRA Chief of $5m School Fees Scandal
Nigeria’s intensifying petrol price war took a dramatic turn on Sunday as Aliko Dangote, President of the Dangote Group, publicly…
Dangote Sets New Petrol Pump Price at ₦739 per Litre, Targets Nationwide Cut
The Dangote Petroleum Refinery has announced a new petrol pump price of ₦739 per litre, a move expected to bring…
E-Invoicing in Nigeria: Is FIRS Revolutionizing Real-Time Tax Monitoring?
Nigeria is taking a bold step in modernizing tax administration with the introduction of e-invoicing through the Federal Inland Revenue…
Nigeria Aims for Trillion-Dollar Economy Through 3MTT Digital Talent Program
The Federal Government of Nigeria is ramping up efforts to transform the nation into a trillion-dollar economy by strategically investing…