FG Secures $100 Million EBRD Investment to Expand Fibre-Optic Connectivity in…
Nigeria’s Federal Government has secured a $100 million investment from the European Bank for Reconstruction and…
Tier-One Banks Weigh on Nigerian Stock Market as All-Share Index Holds 194,000…
The Nigerian Stock Market closed lower on February 25, 2026, with the All-Share Index slipping 0.06% to settle at…
Capsa Technology Named Top-8 Finalist in Afreximbank AfCFTA Accelerator Programme
A leading digital marketplace company, Capsa Technology, has been named a top-8 finalist in the Afreximbank…
European Markets Turn Cautious as Earnings Take Center Stage Over Tariff Fears
Investor sentiment across European markets shifted on Thursday, as attention moved away from global tariff tensions…
Champion Breweries Completes Bullet Brand Acquisition to Drive Pan-African…
Champion Breweries Plc has officially completed the acquisition of the Bullet brand portfolio from Sun Mark,…
Bank Recapitalisation Deadline Puts 13 Nigerian Lenders at Risk of Mergers
With the March 31 recapitalisation deadline fast approaching, pressure is mounting on at least 13 Nigerian banks…
NGX Extends Bearish Trend as Market Cap Drops by N73.43bn Amid Profit-Taking
The Nigerian equities market extended its bearish trend on Wednesday as investors continued to take profits from…
Nigeria Targets 12% Annual Growth to Achieve $1 Trillion Economy
Nigeria will need to maintain annual economic growth of between 10 and 12 percent over the next decade if it hopes…
NGX Loses N1.14tn as Major Stocks Trigger Broad Market Sell-Off
Sell-offs in key Nigerian stocks including BUA Foods Plc, MTN Nigeria Communications Plc, and Stanbic IBTC Holdings…
FGN Bond Demand Hits N2.70 Trillion in February as Yields Drop
Investor interest in Federal Government of Nigeria (FGN) bonds surged in February 2026, with total subscriptions…
Diageo Shares Plunge 6% After Dividend Cut and Lowered Profit Forecast
European markets opened higher on Wednesday as investors welcomed some clarity on global trade, with U.S. tariffs…
Banks Raise N4tn Ahead of CBN Recapitalisation Deadline, Boosting Investor…
Nigerian banks have successfully raised N4.05 trillion in verified and approved capital as they approach the March…
Investing in Early Childhood Key to Nigeria’s $1tn Economy by 2050 – World Bank
Nigeria’s ambition to become a $1 trillion economy by 2050 may rely more on its youngest citizens than previously…
Nigeria and Sweden Strengthen Ties to Unlock Bankable Opportunities in Energy and…
Nigeria is ramping up its bilateral partnership with the Republic of Sweden, targeting strategic collaboration in…
Nigeria Moves to Democratize Dollar Savings and Investments for All Nigerians
The Nigerian government is stepping up efforts to make foreign-currency savings and investments more accessible to…
West African Regulators Must Harmonise Refinery Rules to Boost Energy Security
West African energy regulators face growing pressure to harmonise refinery standards and investment frameworks as…
ITU Launches AI for Good Program to Transform Global Education Access
The International Telecommunication Union (ITU) has officially opened applications for its AI for Good Innovation…
EU Pledges €22 Million to Boost Nigeria’s 90,000km Fibre-Optic Rollout
The European Union has committed €22 million to support Nigeria’s ambitious fibre-optic expansion under the Federal…
Dangote Refinery Achieves Fuel Self-Sufficiency, Set to Supply 65 Million Litres…
Nigeria’s energy landscape is entering a new era as Dangote Petroleum Refinery & Petrochemicals announces it…
New crude grade to boost Nigeria’s output coming in March
Nigeria is set to expand its crude oil portfolio with the launch of a new light, sweet grade called Cawthorne,…
Nigerian Breweries Plc Honors Top Trade Partners at 2025 Distributor Awards
Nigerian Breweries Plc, the country’s leading brewing company, celebrated its outstanding trade…
India’s AI Boom: Can Tech Giants Turn Surging Users into Revenue?
India has emerged as the world’s fastest-growing market for generative AI, with app downloads skyrocketing 207% in…
Aradel Leads N14.2 Billion Trading as Nigerian Stock Market Slips Below 195,000
The Nigerian Stock Market ended the week in the red as the All-Share Index (ASI) slipped 1,779 points to close at…
Naira Slides to N1,359/$ After CBN Interest Rate Cut to 26.5%
The naira slid to N1,359 per dollar on Tuesday after the Central Bank of Nigeria (CBN) announced a 50 basis points…
European Markets Open Higher as Trump’s 10% Tariff Eases Investor Fears
European markets are set for a stronger start on Wednesday as investor anxiety eased following the implementation…
CBN Cuts Interest Rate to 26.5% as OPS Hails Move as Growth Signal
Nigeria’s apex bank has trimmed its benchmark lending rate in what business leaders describe as a cautious but…
Dangote Refinery Signs 65 Million Litres Daily Petrol Distribution Deal with 12…
Nigeria’s fuel supply landscape is set for a major shift as the Dangote Petroleum Refinery has signed a landmark…
NNPC to Export Cawthorne Crude in March as Nigeria Targets Higher Oil Output
Nigeria is set to commence exports of a new light, sweet crude grade known as Cawthorne in March, marking…
Nigeria’s FX Reserves Rise to $50.4bn – CBN Governor Cardoso
Nigeria’s foreign exchange (FX) reserves have climbed to $50.45 billion, marking the highest level recorded in 13…
Temi Popoola Urges Collaborative Efforts to Boost Sustainable Capital in Emerging…
Temi Popoola, Group Managing Director and Chief Executive Officer of the Nigerian Exchange Group, has emphasized…