Nigerian Stocks Hit 1-Year High as Investor Confidence Soars Amid Stable FX and Strong Earnings
The Nigerian stock market extended its winning streak last week, climbing to a fresh 52-week high as investor confidence surged…
Category: Local
Crude Oil Dispute Deepens as Nigerian Refiners Reject 11 Million-Barrel Local Supply Amid Price, Quality Concerns
Nigeria’s crude oil supply dispute has taken a new twist as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) revealed that…
Nigeria’s Public Debt Rises to ₦152.4 Trillion by Mid-2025 Amid Currency Pressures and Fiscal Strain
Nigeria’s total public debt surged to ₦152.4 trillion as of June 30, 2025, marking a ₦3.01 trillion increase from the…
Naira Hits 10-Month High as Strong FX Inflows, Investor Confidence Boost Liquidity
The Nigerian naira reached a 10-month high last week, closing at ₦1,455.17 per dollar at the official market, its strongest…
World Bank Urges Nigeria to Deepen Economic Reforms, Enforce Fiscal Discipline, and Strengthen Transparency
The World Bank has called on the Nigerian government to sustain its current wave of economic reforms by tightening fiscal…
Blue-Chip Stocks Drive NGX Market Capitalization Up by N308bn as Investor Confidence Strengthens
The Nigerian Exchange (NGX) extended its bullish momentum on Thursday, adding ₦308 billion to market capitalization as renewed investor appetite…
FRC, SEC Champion Ethical Corporate Governance as SCGN Marks 20 Years of Integrity and Leadership
As Nigeria continues to navigate waves of technological disruption and economic uncertainty, the Financial Reporting Council of Nigeria (FRC) and…
Where Nigerians Should Invest ₦1 Million in Q4 2025: Stocks, Gold, or Fixed Income?
As Nigeria enters the final quarter of 2025, many investors are asking one critical question: where should I invest ₦1…
IMF Set to Approve Staff-Level Agreement with Ghana After Fifth Programme Review
The International Monetary Fund (IMF) is set to reach a staff-level agreement with Ghana today, October 10, 2025, following the…
Banking Expert Supports BoG’s $1.15 Billion Forex Intervention to Stabilize Cedi-GHANA
Ghana’s local currency, the cedi, is set to receive a timely boost as the Bank of Ghana (BoG) injects $1.15…
Senate Orders Finance and Budget Ministers to Submit 2024 Budget Performance Report Within Two Weeks
The Nigerian Senate has given Minister of Finance Wale Edun and Minister of Budget and National Planning Atiku Bagudu a…
CBN Launches Payments System Vision 2028, Urges Nigerians and Diaspora to Embrace Digital Financial Inclusion
The Central Bank of Nigeria (CBN) has called on Nigerians at home and in the diaspora to embrace the newly…
World Bank: Nigeria’s FIRS Revenue Allocation at 4% Exceeds Peers, Strains Public Finances
Nigeria’s current revenue-sharing system, which allocates 4% of both oil and non-oil revenues (excluding royalties) to the Federal Inland Revenue…
YouTube Boosts Nigeria’s Creative Economy with Community-Driven Brand Deals via PluggedIn
YouTube is revolutionizing Nigeria’s creative economy as the platform teams up with Woof Studios to launch PluggedIn, a groundbreaking initiative…
FG Launches National Digital Trustmark to Boost Confidence in Nigeria’s $13bn E-Commerce Sector
The federal government has officially launched the National Digital Trustmark, a landmark initiative aimed at enhancing consumer confidence and transparency…
Nigeria’s Economic Growth Mirage: Stability on Paper, Hardship for Citizens
Nigeria’s economy shows signs of headline stability, but for millions of citizens, the benefits remain out of reach. According to…
Nigeria’s National Single Window Project to Slash Cargo Clearance Costs and Boost Trade Compliance
The Registrar of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), Mr. Kingsley Igwe, has revealed that…
Ogun State Boosts Food Security by Empowering 4,316 Farmers with Home Gardening Toolkits
Ogun State has taken a major step toward strengthening food security by empowering 4,316 smallholder farmers with home gardening toolkits…
Ghana’s Petroleum Revenue Plummets 56% in H1 2025 — PIAC Calls for Urgent Action
Ghana’s petroleum sector is facing a significant downturn, with revenue falling by 56% in the first half of 2025 compared…
FG and MAN Collaborate to Boost Non-Oil Exports, Fix EEG Bottlenecks for Economic Growth
The Federal Government (FG) and the Manufacturers Association of Nigeria (MAN) have renewed their commitment to strengthening Nigeria’s non-oil trade…
Nigeria Police Force Pensions Tops PFA Performance in September 2025 as Pension Industry Records Solid Gains
Nigeria’s pension industry saw a notable rebound in September 2025, as Pension Fund Administrators (PFAs) delivered impressive returns across all…
Naira Gains Momentum: CBN Policies, Fintech Growth, and Oil Output Drive September Surge
September 2025 marked a remarkable rebound for the Nigerian Naira, with the currency showing its strongest performance in recent months.…
Globacom Backs NCC’s Drive for Secure Broadband Expansion in Nigeria
Nigeria’s journey towards digital transformation received a significant boost as telecommunications giant Globacom (Glo) pledged full support for the Nigerian Communications Commission’s…
NGF and UNDP Strengthen Partnership to Boost Investments, Sustainable Growth Across Nigerian States
In a renewed push to accelerate economic development across Nigeria, the Nigeria Governors’ Forum (NGF) has strengthened its partnership with the United Nations…
Why Lagos Still Has No Public WiFi Network — Despite Years of “Smart City” Promises
Nearly a decade after Lagos announced its dream of becoming a “smart city,” residents of Africa’s largest metropolis are still…
NUPRC Unveils Gas Development Roadmap, Unlocks $4.9 Billion in Investments to Boost Nigeria’s Energy Future
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rolled out a new Gas Development Roadmap aimed at unlocking over 55…
NNPC, Sahara Group Unveil Nigeria’s First Fully-Owned Floating Oil Vessel — A Milestone for Energy Independence
In a historic leap for Nigeria’s oil and gas industry, the Nigerian National Petroleum Company Limited (NNPC Ltd), Sahara Group,…
Nigeria’s Economy Expands 3.9% in H1 2025 as World Bank Forecasts 4.4% Growth — But Living Standards Lag Behind
Nigeria’s economy recorded a robust 3.9% growth in the first half of 2025, signaling the positive effects of President Bola…
FG, NESG Reaffirm Partnership for Inclusive Growth and Job Creation
The Federal Government of Nigeria and the Nigerian Economic Summit Group (NESG) have renewed their joint commitment to ensuring that…
Tinubu Approves $1 Billion Overhaul of Nigeria’s Major Seaports to Boost Trade and Investment
President Bola Tinubu has approved a $1 billion comprehensive reconstruction of Nigeria’s major seaports — Apapa, Tin Can Island, Calabar,…