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Naira Falls to N1,376/$ as Dollar Surges Amid Middle East Tensions
Nigeria’s naira slipped to N1,376 per dollar on Monday, extending its recent volatility as the U.S. dollar…
NGX Surges N1.7tn as Banking, Oil & Gas Stocks Lead Market Rally
Trading on the Nigerian Exchange (NGX) ended Monday on a positive note, with the All-Share Index climbing to…
NCC Proposes 14-Day Notice Before SIM Deactivation to Protect Nigerian Subscribers
The Nigerian Communications Commission (NCC) has proposed that telecom operators provide subscribers with at least…
Petrol Prices Could Hit ₦1,000/Litre as Dangote Refines Strategy Amid Global Oil…
The price of Premium Motor Spirit (PMS), commonly known as petrol, may soon reach between ₦980 and over ₦1,000 per…
Banks Disburse N36.4tn to Trade Sector as Rate Cut Sparks Fresh Credit…
Nigerian deposit money banks disbursed N36.39 trillion to the Trade and General Commerce sector between January and…
Nigeria’s Net FX Reserves Soar 772% to $34.8 Billion, Signaling Stronger Economic…
Nigeria’s net foreign exchange reserves soared to $34.80 billion at the end of 2025, marking a remarkable 772 per…
CBN Cuts Interest Rate to 26.5% as Disinflation and FX Stability Strengthen…
The Central Bank of Nigeria has reduced its Monetary Policy Rate (MPR) by 50 basis points to 26.5 per cent, marking…
Nigeria Secures $1.3 Billion Alumina Refinery Deal with AFC to Boost Mining Sector
In a major stride for the country’s mining industry, the Federal Government of Nigeria has signed a $1.3 billion…
Investors Gain N17.5 Trillion in February as Nigerian Stock Market Surges
Investors in Nigeria’s stock market enjoyed a substantial boost in February 2026, with gains totaling N17.5…
Nigeria Spends N6.32 Trillion on Domestic Debt in 9 Months Amid Rising Interest…
The Nigerian federal government spent a staggering N6.32 trillion on domestic debt servicing between January and…
Naira Depreciates to N1,368/$ Following CBN’s 304th MPC Meeting
The naira faced a steady decline throughout the week, closing at N1,368/$ in the official market, following the…
Rising Public Debt Clouds CBN Rate Cut Despite Economic Gains
Economic experts say Nigeria’s recent macroeconomic improvements are being tempered by a rising public debt…
Crude-Backed Loans Tie Up N8.36tn of Nigeria’s 2025 Oil Revenue
Nigeria’s crude oil production in 2025 saw nearly 15% of output effectively pre-committed to servicing crude-backed…
N5tn Bank Recapitalisation Set to Transform Nigeria’s Financial Sector
Nigeria’s banking sector is poised for a major transformation as the Central Bank of Nigeria (CBN) nears completion…
Nigerian Stock Market Surges with N17.6 Trillion Gain in February 2026
The Nigerian stock market recorded historic growth in February 2026, with investors collectively gaining N17.6…
OPEC+ Raises Oil Production Amid Middle East Tensions, Markets Watch Strait of…
Key members of OPEC+ have announced a higher-than-expected increase in oil production quotas, raising the stakes…
Nigeria’s Agriculture Sector Hits N101.46tn Turnover as Investment Boosts Growth
Nigeria’s agriculture sector achieved a remarkable N101.46tn turnover in 2025, up from N96.46tn in 2024, signaling…
House of Representatives to Hold Public Hearing on Nigeria Fintech Regulatory…
The Nigerian House of Representatives has announced a public hearing on a bill seeking to establish a fintech…
Nigeria Must Develop Homegrown AI or Face Stunted Growth, Experts Warn
Nigeria is being urged to go beyond regulating artificial intelligence and actively invest in homegrown AI…
Dangote Port Sparks Nigeria’s Revival as a Global Fuel Exporter
Nigeria’s long-standing paradox of being Africa’s largest crude producer yet a major fuel importer is quietly…
NGX Surges 16.60% in February as Oil & Gas Stocks Lead Broad Market Rally…
The Nigerian stock market delivered a strong performance in February 2026, with the All-Share Index climbing 16.60%…
Foreign Transactions on Nigerian Exchange Plunge 75% as Block Trades Disappear
Foreign investor activity on the Nigerian Exchange Limited fell sharply in January 2026, with total foreign…
NGX Loses N1.40tn as Bearish Sentiment Dominates Market
Nigeria’s equities market ended February on a weak note as bearish sentiment swept across the trading floor of the…
Why the Naira Is Gaining Strength: Understanding the Link Between Bitcoin and…
The Nigerian Naira is showing signs of recovery after years of volatility, with the currency trading around N1,340…
M-PESA Ethiopia Launches Africa’s First Mobile Money AI Bundle
M-PESA Ethiopia has broken new ground by teaming up with Gebeya Inc. to launch the Dala AI Bundle, making it the…
Dangote Refinery to Supply 65 Million Litres of Petrol Daily, Boosting Nigeria’s…
The Dangote Petroleum Refinery has entered a landmark offtake agreement with 12 major and independent oil marketers…
TotalEnergies Launches 5MW Solar Plant at OML 58 to Boost Nigeria’s Clean Energy…
TotalEnergies Marketing Nigeria Plc has revealed plans to inaugurate a five-megawatt (5MW) solar power plant at OML…
States Back Executive Order 9, Say Nigeria Could Gain N1.5 Trillion Annually
The Forum of State Commissioners of Finance has expressed strong support for President Bola Tinubu’s Executive…
Dangote Refinery Launches Surfacent Plant to Revolutionize Africa’s Industrial…
Dangote Petroleum Refinery is taking a bold step to transform Africa’s industrial landscape by moving beyond crude…
Tinubu Extends Raw Shea Nuts Export Ban to 2027 to Boost Nigeria’s Processing…
President Bola Tinubu has approved a one-year extension of the ban on the export of raw shea nuts, effective from…