BREAKING: SEC raises capital requirements for brokers, fund managers, digital…
Nigeria’s Securities and Exchange Commission (SEC) has unveiled a major overhaul of capital requirements for…
Nigeria Imports 1.3 Billion Litres of Petrol Despite Growing Local Refining
Nigeria imported approximately 1.31 billion litres of petrol in December 2025, even as local refining capacity…
20 Nigerian Banks Meet Recapitalisation Deadline as CBN Pushes for Productive…
About 20 deposit money banks in Nigeria have met the Central Bank of Nigeria’s (CBN) new capital requirements under…
US Market Rally Set to Broaden Beyond Tech as Investors Rotate Into New Sectors
The long-running US stock market rally, powered largely by technology giants, may be entering a new phase as…
Nigeria–China Crude Oil Trade Poised for Growth as Venezuela Supplies Slump
Nigeria’s crude oil trade with China is expected to expand following a sharp decline in Venezuela’s oil exports to…
Nigeria’s Inflation Rises to 15.15% in December 2025 as Food Prices Ease
Nigeria’s headline inflation rate climbed to 15.15 per cent in December 2025, according to the latest Consumer…
Dangote Refinery Ensures Fuel Price Stability as Expansion Plan Targets 1.4…
Dangote Refinery has hit a major milestone, producing 50 million litres of Premium Motor Spirit (PMS) daily,…
SEC Joins Forces with Nigeria Police to Tackle Ponzi Schemes and Crypto Fraud
In a decisive move to protect Nigerian investors, the Securities and Exchange Commission (SEC) has officially…
UBA Share Listing: NGX Confirms 3.16 Billion New Shares Following Rights Issue
The Nigerian Exchange Regulation (NGX RegCo) has officially confirmed the listing of 3.16 billion additional…
AI Breakthrough in High-Level Math: GPT 5.2 Solves Legendary Erdős Problems
Over the weekend, software engineer and former quant researcher Neel Somani made a surprising discovery while…
NUPRC Launches 90-Day Plan to Boost Nigeria’s Oil Output with Faster Approvals
Nigeria’s upstream oil sector is set for a major shake-up as the Nigerian Upstream Petroleum Regulatory Commission…
Heirs Energies Acquires 20% Stake in Seplat in $500 Million Deal
Heirs Energies Limited, the energy investment firm chaired by business mogul Tony Elumelu, has finalized a major…
Nigerian Manufacturers Aim for 10.2% GDP Contribution in 2026 Amid Policy Optimism
Nigerian manufacturers are entering 2026 with renewed optimism, aiming to boost their sector’s contribution to the…
European AI Chip Stocks Surge as TSMC Posts Record Q4 Profit; ASML Shares Jump 7%
European AI chip stocks led a rally on Thursday, with investors reacting positively to record earnings from Taiwan…
Champion Breweries Redeems N4.21bn Commercial Paper, Strengthening Investor…
Champion Breweries Plc has successfully redeemed its N4.21bn Series 1 Commercial Paper (CP) notes at maturity, part…
Nigeria Eyes Interest Rate Cuts as Inflation Eases, Offering Relief to Strained…
Nigeria could soon see relief for its heavily burdened public finances as Finance Minister and Coordinating…
NGX Market Surges N598bn as Investor Optimism Drives Equities Rally
The Nigerian Exchange Limited (NGX) experienced a significant surge on Wednesday, with total market capitalisation…
Swiss Competition Authority Investigates Microsoft Licensing Fee Hikes
Switzerland's competition watchdog has launched a preliminary probe into Microsoft’s licensing fees, following a…
Nigeria on Fastest Growth Track in a Decade, Says World Bank
Nigeria is poised for its fastest economic growth in more than ten years, according to the World Bank. The global…
Nigeria Allocates N34.6 Billion to Communications Ministry Amid Criticism Over…
The Federal Government has earmarked a staggering N34.6 billion for research and development under the Ministry of…
Dangote Refinery Launches 24-Hour Petrol Loading to Strengthen Nigeria’s Fuel…
The Dangote Petroleum Refinery has officially launched 24-hour petrol loading operations, marking a significant…
FG Orders Banks, Fintechs to Remit 7.5% VAT on Electronic Banking Service Fees…
The Federal Government has directed all banks and fintech companies operating in Nigeria to begin collecting and…
NGX Lists 3.16 Billion UBA Shares, Boosting Market Liquidity and Capital Base
The Nigerian Exchange Limited (NGX) has officially listed an additional 3.16 billion ordinary shares of United Bank…
European Markets Set for Higher Open as Greenland Tensions and Iran Developments…
European markets are expected to open broadly higher on Thursday as investors weigh escalating geopolitical…
Petrol Price Hike Looms in Nigeria as Global Crude Oil Crosses $66 per Barrel
Nigeria could be heading for another round of fuel price increases as global crude oil prices climbed above $66 per…
Africa Startup Funding 2025 Surges: Local Investors and Strong Fundamentals Drive…
Africa’s startup ecosystem staged a strong comeback in 2025, ending a two-year slump as total funding climbed to…
Apple launches ‘Creator Studio’ bundle of apps for $12.99 per month
Apple has unveiled a new subscription bundle called Creator Studio, designed to give creators seamless access to…
Paystack Expands into Banking with Ladder Microfinance Acquisition in Nigeria
Nigeria’s fintech landscape is set to change as Paystack, the Stripe-owned payments giant, officially steps into…
DAPPMAN Confirms 60% National Fuel Supply, Pledges Commitment to Nigeria’s Energy…
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has confirmed that its members now…
FG Enforces 0.5% Levy on Fuel Wholesalers: What Nigeria’s Downstream Petroleum…
The Federal Government of Nigeria has moved to tighten regulatory control over the downstream petroleum sector by…