Nigerian tech firms’ multi-million dollar haul in 2025 fuels innovation across sectors
Nigeria’s tech ecosystem has continued to shine in 2025, with local and regional startups attracting significant multi-million dollar investments despite…
Category: Local
Nigeria Launches $100 Million Equity Fund to Boost Local Oil and Gas Producers
Nigeria is taking bold steps to strengthen its local oil and gas industry with the launch of a $100 million…
AI to Reshape 40% of Nigeria’s Job Skills by 2030, Fidelity Bank Executive Warns
Fidelity Bank Executive Director for Lagos and the South-West, Ken Opara, has warned that artificial intelligence is set to reshape…
FG Contractors Renew Protests Over Unpaid N500bn Debt, Block Finance Ministry
Local contractors under the All Indigenous Contractors Association of Nigeria on Tuesday returned to the Federal Ministry of Finance in…
Nigerian Startup MYai Robotics Launches Curation AI to Fight Misinformation in Real Time
In a significant boost for Africa’s tech ecosystem, Nigerian startup MYai Robotics has launched Curation AI, a revolutionary platform designed…
NUPRC Launches 2025 Oil Licensing Round with Fully Digital Bidding Portal
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially opened the 2025 Oil Licensing Round, unveiling a fully digital bidding…
NASS Champions Continuous Tax Reforms to Drive Nigeria’s Energy Transition
The Speaker of the House of Representatives, Hon. Tajudeen Abbas, has reaffirmed the National Assembly’s commitment to continuous tax reforms…
Nigerian Stock Market Opens December 2025 on Bearish Note, Sheds N200 Billion
The Nigerian stock market started December 2025 on a cautious and bearish note, shedding about N200 billion in market value.…
Naira Slips to N1,446/$1 in November Despite CBN’s Tightening Measures
The Nigerian naira ended November on a slightly weaker note, continuing a trend of volatility in the foreign exchange market.…
Champion Breweries Profit 2025 Set to Hit Record N3.12bn on Stable Naira and Cooling Inflation
Champion Breweries is poised to deliver its highest full-year profit in history, with analysts forecasting net income of N3.12 billion…
CBN, First Bank, BUA Among Top Abuja Land Defaulters: FCTA Revokes Over 1,000 Property Titles
The Federal Capital Territory Administration (FCTA) has officially listed more than 1,000 property owners, including major banks and companies, for…
Bank of Ghana Cuts Policy Rate to 18% Amid Falling Inflation and Strong Economic Recovery
The Bank of Ghana (BoG) has cut its policy rate by 350 basis points to 18 percent, signaling a decisive…
Nigeria Loses $10 Billion Annually to Post-Harvest Waste, Agritech CEO Warns
Nigeria is losing an estimated $9–10 billion each year due to post-harvest waste, a staggering loss that threatens food security,…
FCMB Named Nigeria’s Best SME Bank 2025, Leading SME Financing Across Key Sectors
First City Monument Bank (FCMB) has been named Nigeria’s Best SME Focused Bank for 2025 by the Chartered Institute of…
Nigeria’s Economic Growth Strengthens as PMI Hits 56.4 in November
The Nigerian economy continued its upward momentum in November as the Composite Purchasing Managers’ Index (PMI) rose to 56.4 points,…
TotalEnergies Sells 40% Stake in Nigerian Offshore Assets to Chevron to Boost Exploration
TotalEnergies has agreed to sell a 40% stake in its Nigerian offshore assets to Chevron, signaling a strategic reshuffle in…
Dangote Urges End to Fuel Imports, Says Nigeria Can Meet Local Demand
Aliko Dangote, President and CEO of Dangote Industries Limited, has called for an immediate end to Nigeria’s fuel imports, asserting…
Nigeria Ranked ‘Critical’ on 2025 Instability Risk Index Amid Rising Economic and Political Pressures
Nigeria has been placed in the “critical” category on SBM Intelligence’s 2025 Instability Risk Index, scoring 52 out of 100…
How CBN’s FX Reforms Spark $2.25 Billion Eurobond Surge for Nigeria
Nigeria has made a bold return to global capital markets with a $2.25 billion dual-tranche Eurobond issuance that surpassed expectations.…
Nigeria’s Public Debt Hits N152.39 Trillion in Q2 2025, NBS Reports
Nigeria’s public debt stock rose to N152.39 trillion in the second quarter of 2025, marking a 2.01% increase from the…
Nigeria Moves to T+2 Settlement Cycle, Eyes T+1 Transition to Boost Market Efficiency
Nigeria’s capital market has taken a historic step forward by officially transitioning to a T+2 settlement cycle, effective November 28,…
Nigeria’s GDP Rises to 3.98% in Q3 2025 as Agriculture and Industry Drive Economic Rebound
Nigeria’s economy continued its upward trajectory in the third quarter of 2025, with the National Bureau of Statistics (NBS) reporting…
SEC Intensifies Crackdown on Ponzi Schemes, Boosts Collaboration to Protect Nigerian Investors
The Securities and Exchange Commission has renewed its commitment to tackling Ponzi schemes in Nigeria by strengthening collaboration with key…
Nigeria’s GDP Slows To 3.98% In Q3 2025
Nigeria’s Gross Domestic Product slowed down to 3.98 per cent (year-on-year) in real terms in Q3 2025, lower than the…
CBN’s MPC Adjusts Policy Corridor to Boost Lending to Productive Sectors
The Central Bank of Nigeria (CBN) has taken a strategic step to encourage banks to redirect funds toward productive sectors…
Nigerian Stocks Plunge N6.5 Trillion in November Amid CGT Fears – NGX Records Historic Monthly Loss
The Nigerian equities market suffered its worst monthly decline in history in November 2025, losing a staggering N6.54 trillion in…
CBN Struggles to Recover N629 Billion Anchor Borrowers’ Loans, Audit Reveals
Nigeria’s Auditor General has raised serious concerns over the management of the Central Bank of Nigeria’s (CBN) flagship Anchor Borrowers’…
Experts Urge Nigeria to Sell Aging Refineries Amid N2.92 Trillion Investment in 2024
As the Nigerian National Petroleum Company Limited (NNPCL) weighs the future of the country’s refineries, energy experts are urging the…
OPEC Maintains Nigeria’s 1.5 Million BPD Oil Quota Through 2026
The Organisation of the Petroleum Exporting Countries (OPEC) has confirmed that Nigeria’s crude oil production quota will remain at 1.5…
Ghana T-Bill Auction Rebounds After Six Weeks, Oversubscription Hits 111%
After six weeks of muted activity, Ghana’s treasury bill market has staged a strong comeback, signaling renewed investor confidence. Fresh…