Court Halts NUPENG Strike Threat Against Dangote Refinery and Oil Partners
A National Industrial Court sitting in Abuja has stopped the National Union of Petroleum and Natural Gas Workers (NUPENG) and…
Category: Local
NECA Urges CBN to Cut Interest Rates as Inflation Eases, Calls for Relief for Nigerian Businesses and Households
The Nigeria Employers’ Consultative Association (NECA) has applauded the steady decline in Nigeria’s inflation rate, saying it offers a rare…
Nigerian Banks Urged to Boost Cybersecurity Amid Surge in Fraud Losses
Cybersecurity experts are warning that Nigerian banks must urgently increase investments in digital defenses as cybercrime continues to cost the…
Experts Divided Over NERC’s Net Billing Plan: Nigeria’s Solar Energy Future at a Crossroads
Energy experts are divided over the Nigerian Electricity Regulatory Commission’s (NERC) proposed net billing plan, a regulation that would allow…
Nigeria’s Pharma Stocks Surge: Fidson and May & Baker Lead Market Rally Amid Growing Healthcare Demand
Nigeria’s pharmaceutical sector has emerged as a standout performer on the stock market in 2025, with Fidson and May &…
FG to Disburse ₦250 Billion Bank of Agriculture Loans, Insures 250,000 Farmers to Boost Food Security
The Federal Government has announced plans to disburse ₦250 billion in loans through the Bank of Agriculture to support smallholder…
Standard Chartered Hosts Economic Roundtable in Accra, Pledges Support for Ghanaian Businesses and Growth
Standard Chartered Ghana convened a high-level Business and Economic Roundtable at its Accra headquarters, gathering senior government officials, private sector…
FAAC Distributes N2.2 Trillion August 2025 Revenue to FG, States and LGs
The Federation Account Allocation Committee (FAAC) on Wednesday announced that the Federal Government, states, and local government councils shared a…
Olisa Agbakoba Urges Nigerian Government to Build Sustainable Business Environment for Private Sector Growth
Former Nigerian Bar Association (NBA) President and maritime law expert, Dr. Olisa Agbakoba, has called on the federal government to…
Expert Champions Ethical Procurement, Sustainable Growth
The just-concluded IFMA Global Africa Conference 2025 in Lagos gathered facility-management leaders, policymakers, and innovators from across the continent to…
Aderonke Atoyebi Urges African Leaders to Explain How Tax Revenues Are Spent
The Technical Assistant to the Executive Chairman of the Federal Inland Revenue Service (FIRS) on Broadcast Media, Arabinrin Aderonke Atoyebi,…
Nigeria’s Crude Oil Output Falls Below OPEC Quota in August, Reversing Gains from June and July
Nigeria’s crude oil production slipped below its OPEC quota in August 2025, reversing two months of gains that had briefly…
Nigerian Businesses Lead the World in Responsible AI Adoption and Privacy Protection – Zoho Study
Nigerian companies are emerging as global frontrunners in combining cutting-edge artificial intelligence (AI) with robust privacy protections, according to new…
CSCS Records ₦2.1 Trillion Transactions in Four Months, Plans T+2 Settlement to Boost Market Efficiency
The Central Securities Clearing System (CSCS) has announced a major surge in trading activity, recording securities transactions worth ₦2.112 trillion…
NCR Nigeria Stock Soars 31% in September as Half-Year Profit Signals Major Turnaround
NCR (Nigeria) Plc shares have surged by over 31% so far in September, climbing to ₦15.20 as investors respond to…
DAPPMAN Refutes Dangote Refinery Claims, Attributes Petrol Price Drop to Naira Strength and Global Oil Trends
Nigeria’s Depot and Petroleum Products Marketers Association (DAPPMAN) has pushed back against the Dangote Refinery and Petrochemicals Company, rejecting claims…
Nigerian Stock Market Gains N309bn in One Day as Investor Confidence Rises
The Nigerian stock market surged on Wednesday, adding ₦309 billion in market value in a single trading session as renewed…
Naira Slips N9.88 Against Dollar Despite Rising External Reserves: Experts See Medium-Term Stability
The Nigerian naira fell by N9.88 against the US dollar at the official foreign exchange market on Wednesday, even as…
Ghana’s Mobile Money Transactions Hit GHC354.1 Billion in August as Digital Payments Surge
Mobile money continues to dominate Ghana’s financial landscape, with transactions reaching GHC354.1 billion in August 2025, according to the latest…
Nigeria Disburses N330 Billion to 8.1 Million Households Under Social Safety Net Program
The Federal Government has disbursed N330 billion to 8.1 million households nationwide under the National Social Safety Net Programme (NSSNP),…
Nigeria’s Inflation Set to Drop to 17% by Year-End, IMPI Projects Economic Relief
The Independent Media and Policy Initiative (IMPI) has forecasted a significant drop in Nigeria’s inflation rate, projecting it to reach…
NGX Considers Extending Trading Hours to 5 PM Amid Push for Market Innovation
The Nigerian Exchange Limited (NGX) is exploring a significant extension of its trading hours, moving from the current 9:30 am–2:30…
UBA Unveils Groundbreaking Whitepaper at UNGA 2025 to Unlock Africa’s Economic Potential
United Bank for Africa (UBA) is set to take center stage at the 80th United Nations General Assembly (UNGA 2025)…
Nigeria Attracts $18.2 Billion in Upstream Oil & Gas Investments Through Competitive Reforms – NUPRC
Nigeria’s upstream oil and gas sector has secured a massive $18.2 billion in investment commitments, thanks to the government’s ongoing…
OGTAN Champions Human Capacity Development as Key to Nigeria’s Energy Future
The Oil and Gas Trainers Association of Nigeria (OGTAN) has reinforced its dedication to developing industry-ready skills to strengthen Nigeria’s…
Nigerian Stock Market Loses ₦79 Billion as 27 Equities Decline on NGX
The Nigerian Exchange (NGX) closed on a weak note on Tuesday as market capitalisation fell by ₦79 billion following widespread…
Dangote Refinery Exports First Petrol Shipment to U.S., Signaling Nigeria’s Rise in Global Fuel Market
Nigeria’s 650,000-barrel-per-day Dangote Refinery has exported its first petrol (gasoline) shipment to the United States, a landmark development for Africa’s…
CBN Orders Banks to Secure MD/CEO Successor Approval Six Months Ahead to Strengthen Governance
The Central Bank of Nigeria (CBN) has issued a new directive compelling Domestic Systemically Important Banks (DSIBs) to secure regulatory…
Ghana’s Public Debt Climbs to GH¢628.8 Billion in July 2025 Amid Currency Swings
Ghana’s public debt rose sharply by GH¢15.8 billion in July 2025, bringing the total to GH¢628.8 billion (about $59.9 billion),…
Nigeria Needs $100 Billion Annual Investment to Meet 2050 Growth Ambitions — Minister Bagudu
Nigeria must secure at least $100 billion in investments every year to achieve its ambitious goal of becoming a middle-income…