Browsing Category
Local
Nigerian Bank Customers Protest Excessive Charges, Urge CBN and NDIC to Intervene
Bank customers across Nigeria are voicing strong dissatisfaction over what they describe as excessive and frequent…
NSIA Expands Fertiliser Plants From 4 to 92, Hands Over PFI Management to MOFI
The Nigeria Sovereign Investment Authority (NSIA) has achieved a major milestone in Nigeria’s agricultural sector,…
NGX Group Launches Project BLOOM to Tackle Child Malnutrition in Lagos Underserved…
Employees of the Nigerian Exchange Group (NGX Group) have embarked on a volunteer-driven mission to combat child…
Surge in Nigerian Stock Market Valuations: 18 Companies Now Valued Over $1 Billion…
The Nigerian Exchange (NGX) has been one of Africa’s top-performing stock markets in 2025, with its All-Share…
FG Advances Local Energy Supply Chain to Mitigate Global Disruptions and Boost…
The Federal Government of Nigeria is taking proactive measures to strengthen the country’s local energy supply…
FCMB Pensions Limited Tops Nigerian Pension Fund Performance with 5.68% Return in…
Nigeria’s pension industry demonstrated resilience in July 2025, delivering positive returns across all Retirement…
Abuja to Host Over 500 Global Investors at 2025 Business Investment Expo to Boost…
The Abuja Investment Company Limited (AICL) has announced that over 500 high-level participants from 40 countries…
Reforms Drive Nigerian Stock Market Rally as Insurance Sector Leads Gains Amid…
The Nigerian equities market sustained a remarkable 26-day bullish run, adding N479 billion to its total value,…
FG Should Have Sold Refineries to Dangote, Says Economist Bismark Rewane;…
Foremost economist and CEO of Financial Derivatives Company (FDC), Mr. Bismark Rewane, has criticized the Federal…
One-Year T-Bill Yields Edge Up to 19.76% as DMO, Investors Wrestle Over Rates
In a shift from recent trends, the yield on Nigeria’s one-year treasury bills rose to 19.76% at the latest primary…
Nigeria’s Banks Attract $7 Billion in ‘Hot Money’ as Foreign Inflows Surge —…
In 2024, Nigeria’s banking sector saw an unprecedented influx of $7 billion from foreign investors, marking the…
Nigeria to Launch Industrial Policy to Boost Manufacturing, Reduce Raw Material…
The Federal Government of Nigeria is finalizing a new comprehensive Nigerian Industrial Policy aimed at reducing…
Insurance, Consumer Goods Lead NGX Rally as Market Gains N479bn Amid Reform Bill…
The Nigerian Stock Exchange (NGX) witnessed a significant rally on Thursday, August 7, 2025, as the market…
CBN Targets Legal Action Against FX Contract Violators After Forensic Audit
The Central Bank of Nigeria (CBN) has announced its intention to pursue legal action against entities found to…
NGX Nears ₦100 Trillion as 35 Stocks Deliver Up to 500% Gains in 2025
The Nigerian Exchange Limited (NGX) is witnessing an extraordinary bull run in 2025, as 35 listed companies have…
Airtel to Build Nigeria’s Largest 38MW Data Centre in Eko Atlantic to Power Cloud…
Airtel Nigeria has announced plans to construct a 38-megawatt hyperscale data centre in Lagos, marking…
Tinubu Approves Pension Hike and Free Healthcare for Low-Income Retirees
President Bola Tinubu has directed the immediate implementation of pension increases and free healthcare access…
Nigeria’s FDI Plummets 70% in Q1 2025 as Foreign Investors Flock to Short-Term…
Foreign Direct Investment (FDI) into Nigeria dropped sharply by 70.06% in the first quarter of 2025, falling to…
CBN Concludes Audit of Failed FX Deals, Refunds Banks in Naira Amid Ongoing FX…
The Central Bank of Nigeria (CBN) has officially concluded its forensic audit into undelivered and unverified…
MTN, Airtel Earn Big as Nigerians Prioritize Data Over Daily Necessities
MTN Nigeria and Airtel Nigeria have reported record-breaking earnings from data services in Q2 2025, driven by…
Headline: Naira Stability and Easing Inflation Drive N329bn Revenue Surge for…
Nigeria’s two largest oil palm producers, Presco Plc and Okomu Oil Palm Company Plc, recorded a…
Ghana’s Inflation Drops to 12.1% in July 2025, Lowest Since October 2021
Ghana’s headline inflation rate decreased to 12.1% in July 2025, marking the seventh straight month of decline and…
Nigerian Stock Market Hits N92.25tn Market Cap Amid Bullish Momentum
The Nigerian equities market continued its upward trajectory on Wednesday, with strong investor confidence…
Foreign Investors Dump ₦576bn in Nigerian Stocks Amid Market Volatility and Policy…
Between January and June 2025, foreign investors withdrew ₦576.09 billion from the Nigerian Exchange (NGX), an 85%…
Nigeria’s Oil Output Hits 1.78mbpd in July, Cuts Revenue Deficit as Industry…
Nigeria’s crude oil production rose to 1.78 million barrels per day (mbpd) in July 2025—the highest output…
Nigeria’s Energy Heavyweights to Convene at 2025 Gas Investment Forum to Drive…
Nigeria is set to host the 2025 edition of the Gas Investment Forum (GIF), a pivotal event aimed at boosting…
HP Deploys AI-Powered Cybersecurity to Shield Nigerian Businesses Amid Rising…
As cyberattacks surge in Nigeria, global tech giant HP has unveiled a range of artificial intelligence…
Nigeria’s Foreign Investment Jumps 67% to $5.6bn in Q1 2025
Nigeria experienced a significant boost in foreign capital inflows in the first quarter (Q1) of 2025, with total…
Nigeria’s Capital Importation Surges 67% to $5.64 Billion in Q1 2025
Capital importation into Nigeria surged by 67.12% year-on-year in the first quarter of 2025, reaching $5.642…
BUA Cement Leads Market Rally as NSE Capitalisation Soars by N458 Billion
The Nigerian equities market continued its bullish momentum on Tuesday, August 6, 2025, driven by strong investor…