Tinubu Approves Commercial Oil Drilling in Ogun, Revives Olokola Deep Seaport
President Bola Ahmed Tinubu has approved the commencement of commercial oil drilling at Tongeji Island in Ipokia…
Domestic and Foreign Investors Push Nigeria’s Equity Market Trades to N11.92tn in…
Nigeria’s equity market closed 2025 on a historic note, with total transactions soaring to N11.92 trillion, driven…
Nigeria Economic Outlook 2026: Report Projects Reform-Led Growth and Rising…
Nigeria’s economy is entering a phase of reform-driven stability that could strengthen growth and attract fresh…
LivingTrust Mortgage Bank Reports N1.01bn Profit in 2025, Driven by Strong…
LivingTrust Mortgage Bank Plc has posted a profit after tax of N1.01 billion for the year ended December 31, 2025,…
Nigeria’s Insurance Assets Surge to N4.619 Trillion as Industry Shows Resilience
Nigeria’s insurance sector has reached a historic milestone, with total assets soaring to N4.619 trillion by the…
Nigeria’s Cooking Gas Imports Drop to 13% as Domestic Production Rises
Nigeria is increasingly relying on local production for its cooking gas needs, with imports falling to just 13% of…
Danish $1.2bn Investment Boosts Nigerian Ports and Maritime Sector
Nigerian ports are set to receive a major boost following a $1.2 billion investment from Denmark, announced by the…
Sugar Tax Could Threaten Nigeria’s Manufacturing Sector, Warns CPPE
The Centre for the Promotion of Private Enterprises (CPPE) has raised concerns that the proposed sugar tax on…
PETROAN Urges Clear Timeline for Nigeria’s Refineries After $4 Billion Spent
Oil marketers under the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) have called on…
Fuel Taxes Push KRA Revenue Past Target in December 2025
Kenya Revenue Authority (KRA) closed December 2025 on a high note, exceeding its monthly revenue target, thanks…
Nedbank Eyes 66% Stake in NCBA to Expand Its East Africa Presence
South Africa’s Nedbank Group, one of Africa’s largest banks, is set to expand its footprint beyond Southern Africa…
Ghana Chamber of Mines Urges Review of Mining Fiscal Plan to Boost Investment
The Ghana Chamber of Mines has urged the government to rethink its proposed mining fiscal framework, emphasizing…
CBN Urges Nigerian Banks to Act Faster Against Rising Digital Fraud Threats
The Central Bank of Nigeria (CBN) has called on banks and financial institutions to take faster and more…
Naira Mid-Week Update: Official Rate Holds at N1,423/$ While Parallel Market Hits…
The Nigerian naira maintained relative stability at the official foreign exchange market mid-week, closing at…
Apple Reportedly Developing AI Wearable Pin to Rival OpenAI Hardware
Apple is reportedly stepping up its game in the AI hardware race, with a new wearable device rumored to resemble a…
Nigeria Produces 554 Million Barrels of Oil in 2025 as Daily Output Hits 1.63 mbpd
Nigeria’s crude oil and condensate production totaled 554.4 million barrels in 2025, according to the Nigerian…
Economist Warns: New Sugar Tax on Soft Drinks Could Hurt Nigeria’s Economy
The Centre for the Promotion of Private Enterprise (CPPE) has raised serious concerns over proposals to introduce…
Dangote Refinery Gains Global Edge as European, US Refinery Shutdowns Tighten Fuel…
The recent closure of refineries across Europe and North America has reshaped global fuel supply, offering…
Global Investors Wary as Trump Threatens Greenland Takeover, Markets React
Global investors are treading cautiously as markets reacted to renewed geopolitical tensions sparked by US…
NGX Records N6.88bn Growth as Equities Show Modest Gains Amid Positive Market…
The Nigerian Exchange Limited (NGX) ended Wednesday’s trading session on a positive note, posting a modest market…
CBN Sells N1.15tn Treasury Bills as Investors Eye Rising Yields
The Central Bank of Nigeria (CBN) is set to auction N1.15 trillion worth of Treasury bills in its second auction…
Yuletide Rush: Nigerians Spent N1.58 Trillion on Petrol in December 2025 — NMDPRA…
Nigerians spent an estimated N1.58 trillion on petrol in December 2025, highlighting the heavy cost of fuel during…
Davos: Nigeria can capture global supply chains, says Okonjo-Iweala
Nigeria has a rare opportunity to plug into global supply chains if it deliberately courts investors and positions…
EU Freezes US Trade Talks After Trump Revives Tariff Threats
The European Union has suspended negotiations on a proposed trade deal with the United States following renewed…
Nigerians spend N1.54tn on beer, others in nine months
Nigerians spent an estimated N1.54 trillion on beer and other non-alcoholic drinks in the first nine months of…
Nigeria’s Livestock Sector Set to Hit $74bn GDP in 10 Years – FG Plans Major Boost
The Federal Government has unveiled ambitious plans to expand Nigeria’s livestock sector, aiming to increase its…
West Africa IMT 2026: Turning Trade Gains into Manufacturing Growth
West Africa is poised to transform its rising trade gains into tangible industrial growth at the upcoming West…
$16B Post-PIA Investment Spurs Gradual Recovery in Nigeria’s Oil Sector
Nigeria’s oil and gas sector is showing early signs of recovery, driven by regulatory reforms, rising indigenous…
FTC Appeals Meta Antitrust Ruling Over Instagram and WhatsApp Acquisitions
The U.S. Federal Trade Commission (FTC) has filed an appeal to revive its antitrust case against Meta Platforms,…
Netflix Raises $83 Billion Cash Bid to Acquire Warner Bros., Aims to Outshine…
Netflix has made a bold move in the entertainment industry, revising its $83 billion bid to acquire Warner Bros.…