TotalEnergies Pushes to Maximise Oil Production in Nigeria’s Deepwater Fields
TotalEnergies EP Nigeria is intensifying efforts to unlock the full potential of its oil assets in the country, driven by…
Category: Local
NDIC Advises Nigerians to Maintain Alternate Bank Accounts for Faster Refunds
The Nigeria Deposit Insurance Corporation (NDIC) has urged bank customers to maintain alternate accounts in different financial institutions to ensure…
Nigeria Targets $20 Billion Investment from 70 Priority Gas Projects to Boost Industrial Growth
Nigeria is positioning itself to unlock up to $20 billion in new investments through 70 priority gas projects, as the…
AfCFTA Boost: Africa Trade Engine to Close $50 Billion Import Gap and Drive Local Manufacturing
TRT Manufacturing and TradeDepot have unveiled the Africa Trade Engine (ATE), a groundbreaking initiative designed to tackle Africa’s $50 billion…
Senator Calls for Review of 30% Capital Gains Tax Amid N2tn Market Loss
The Chairman of the Senate Committee on Capital Market and Institutions, Senator Osita Izunaso, has urged the Federal Government to…
Ellah Lakes Launches ₦235bn Public Offer to Drive ₦200bn Revenue Ambition
Nigerian agribusiness giant Ellah Lakes Plc has announced the launch of a ₦235 billion public offer, marking a bold step…
Presco Plc Launches N236.67 Billion Rights Issue to Drive Expansion and Acquisitions
Presco Plc has opened a N236.67 billion Rights Issue, inviting existing shareholders to increase their equity in the company as…
SEC Partners with Cambridge and Busha to Launch Digital Assets Education Programme in Nigeria
The Securities and Exchange Commission (SEC) of Nigeria has teamed up with Cambridge Enterprise, Busha, and A&D Forensics to introduce…
Nigerian Equities Market Rebounds, Investors Gain N2.59 Trillion
The Nigerian equities market staged a strong recovery on Wednesday, delivering a welcome relief to investors following a steep market…
Nigerian Stock Market Rebounds with N2.6 Trillion Gain After Record Loss
The Nigerian stock market staged a remarkable recovery on Wednesday, posting a N2.6 trillion gain in market capitalisation just a…
Nine Nigerian Banks Earn ₦2.81 Trillion from Fees and Commissions in Q3 2025
Nine leading Nigerian banks collectively raked in about ₦2.81 trillion from various fees and commissions in the third quarter of…
Power Shortages and Insecurity Threaten Nigerian Businesses’ Growth – CBN Survey
Insecurity and unreliable electricity remain the biggest threats to business stability and profitability in Nigeria, according to the Central Bank…
The Alternative Bank Wins “Innovative Bank of the Year” Award at African Islamic Finance Conference
The Alternative Bank has clinched the coveted title of Innovative Bank of the Year at the 7th African International Conference…
Seplat Energy vs Oando Plc: Which Nigerian Oil Giant is Performing Better in 2025?
Seplat Energy and Oando Plc, two of Nigeria’s leading oil and gas firms, released their unaudited results for the nine…
NUPRC to Launch 2025 Oil Licensing Round on December 1, Aims to Boost Nigeria’s Energy Production
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially announced that the 2025 Oil Licensing Round will commence on December…
Senate Rebukes NNPCL Over N210 Trillion Discrepancies, House Adjourns Abruptly
The Nigerian Senate has strongly rebuked the Nigerian National Petroleum Company Limited (NNPCL) for failing to appear at a scheduled…
NDIC Urges Bank Customers to Open Alternative Accounts for Faster Fund Access
The Nigeria Deposit Insurance Corporation (NDIC) has urged bank customers nationwide to open and maintain alternative accounts in other financial…
CBN, Finance Ministry Launch DGAS to Curb Inflation and Drive 7% GDP Growth
The Central Bank of Nigeria (CBN) and the Federal Ministry of Finance have launched a joint economic framework, the Dis-Inflation…
Only 44% of Social Benefits Reach Poor Nigerians, Warns World Bank
A new World Bank report has revealed that Nigeria’s social safety-net programs are failing to reach the citizens who need…
Edun Reassures Stockbrokers on Balanced Capital Gains Tax Implementation in Nigeria
The Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, has reassured stockbrokers and investors that the…
UBA GMD Advocates New Financing Model to Boost Africa’s Competitiveness
The Group Managing Director of United Bank for Africa (UBA) Plc, Oliver Alawuba, has urged the adoption of a new…
N4.64tn Wiped Off NGX Market Cap as Stocks Suffer Worst Decline Since 2010
The Nigerian stock market suffered its sharpest single-day fall in over a decade on Tuesday, as bearish sentiment sent the…
Nigeria’s $2.25bn Eurobond Success Reignites Global Investor Confidence
Nigeria has successfully raised $2.25 billion through a dual-tranche Eurobond, marking a significant comeback to the international capital market. The…
Africa’s Green Energy Future Hinges on Skilled Project Managers – PMI Warns
The Project Management Institute (PMI) has cautioned that Africa’s ambition to lead in the global green energy transition may fail…
ALTON Flags Regulatory Conflicts in Nigeria’s National Digital Economy Bill 2025
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has raised concerns over potential regulatory conflicts in the proposed National…
Summit Bank Unveils Ethical Banking Vision to Promote Inclusive Financial Growth in Nigeria
Nigeria’s newest non-interest financial institution, Summit Bank Ltd, has reaffirmed its commitment to delivering ethical and inclusive banking services across…
Tinubu to Sign National Digital Economy Bill into Law This Week, Boosting Nigeria’s $1 Trillion Growth Vision
President Bola Ahmed Tinubu is set to sign the National Digital Economy and E-Governance Bill 2025 into law this week,…
ASO Savings Leads Gainers as Nigerian All-Share Index Falls Below 149,000 Points
The Nigerian stock market closed lower on Monday, November 10, as the All-Share Index (ASI) slipped by 742.91 points to…
Nigerian Companies Announce Q3 2025 Dividends Totaling N234.9 Billion
Nigeria’s equity market saw a strong wave of dividend announcements in the third quarter of 2025, with twelve companies listed…
Experts Urge Productive Investments as Key to Nigeria’s Eurobond Repayment
Nigeria’s recent $2.35 billion Eurobond issuance, its largest in four years, has reignited discussions on the country’s debt sustainability and…