FX Windfalls Fade as Nigerian Banks Return Focus to Core Lending
Foreign exchange (FX) gains, once a major source of profits for Nigeria’s top banks, have dropped sharply,…
Dangote’s N739 Petrol Price Fails to Launch as Rift with NMDPRA Escalates
Consumers across Lagos and other states were left frustrated yesterday as the N739 per litre petrol price announced…
CBN Governor Olayemi Cardoso Highlights Nigeria’s Economic Reforms to US Investors
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, engaged senior business leaders and…
NGX Index Edges Up 0.01% as Access Corp Leads Trading Surge
The Nigerian Exchange (NGX) closed marginally higher on Tuesday, with the All Share Index inching up 0.01% to…
Microsoft and Nigerian Government Train 4 Million Nigerians in AI and Digital…
Microsoft Corporation and the Federal Government of Nigeria have successfully trained over four million Nigerians…
Nigeria’s Crude Oil Exports Hit N37.7 Trillion in Nine Months, Driving FX…
Nigeria’s crude oil exports surged to N37.7 trillion in the first nine months of 2025, according to the latest…
Nigeria’s Top 10 Import Partners in Q3 2025: China, US, and India Lead the Pack
Nigeria’s import market in the third quarter of 2025 remained largely concentrated around a core group of global…
CBN Revokes Licences of Aso Savings and Union Homes over Regulatory Breaches
The Central Bank of Nigeria (CBN) has officially revoked the operating licences of Aso Savings and Loans Plc and…
X Reinforces “Twitter” Trademark in Terms of Service Amid Legal Battle with…
Elon Musk’s social media company, X, is taking a firm stance in its ongoing legal tussle over the “Twitter”…
Rising Mobile Data Demand Drives Telecom Growth in Q3 2025
Nigeria’s telecommunications sector continued its steady upward trajectory in the third quarter of 2025, powered by…
European Markets Rise as UK Inflation Cools, Sterling Slips Ahead of Central Bank…
European stock markets opened broadly higher on Wednesday as investors positioned themselves ahead of a busy week…
Nigerian Breweries Trains 360 Retailers Nationwide to Drive Business Growth and…
Nigerian Breweries Plc has rolled out a nationwide entrepreneurial capacity-building programme aimed…
Year-End Festivities May Push Inflation Higher in December, Experts Warn
Economic analysts have warned that Nigeria’s inflation rate may record a temporary rebound in December as year-end…
Dollar to Naira exchange rate today, December 17, 2025
The Nigerian Naira showed mixed movements across the foreign exchange market on Wednesday, December 17, 2025,…
Dangote Group Appoints Ex-CBN Director Mahmud Hassan as Group Chief Economist
Dangote Group has strengthened its economic advisory team with the appointment of renowned economist and former…
Big Banks’ FX Gains Fall to Three-Year Low as Nigeria’s Banking Sector Shifts…
Nigeria’s biggest banks are seeing a sharp slowdown in foreign exchange (FX) gains, once a major source of profits,…
Analysts Predict Shift to Fundamentally Strong Stocks in Nigeria’s Stock Market…
As year-end trading activities gather pace, capital market analysts say investors are increasingly…
Nigeria’s Trade Balance Surges 43% to ₦19.3tn in Nine Months — NBS Data
Nigeria’s trade balance recorded a great improvement in the first nine months of 2025, rising by 43.8 per cent…
Bright Simons Warns Bank of Ghana’s Non-Interest Banking Rebrand Risks Confusion…
Bright Simons, Vice President of policy think tank IMANI Africa, has raised serious concerns about the Bank of…
Nigeria Spends N8.64 Trillion on Imported Boilers, Machinery, and Appliances in…
Nigeria has spent a staggering N8.64 trillion on imported boilers, machinery, and appliances in the first nine…
Investing in FGN Savings Bonds vs FGN Bonds
The Federal Government of Nigeria (FGN) offers two key investment options for those looking to invest in government…
CBN Approves 82 BDC Licenses: Forex Traders Expect More Approvals Soon
Retail forex traders in Nigeria, known as Bureau De Change (BDC) operators, are optimistic that the Central Bank of…
Cyberattacks Surge: Nigeria Among Most Targeted African Countries in November 2025
Nigeria has emerged as one of the most targeted African countries for cyberattacks in November 2025, according to a…
OpenAI Licenses 200+ Disney Characters in Landmark Equity-Only Deal
OpenAI has taken a major step into the world of entertainment by striking an equity-only licensing deal with the…
NGX ICT Stocks Surge to N18.6 Trillion Market Cap in 2025 Amid Investor Optimism
Technology stocks on the Nigerian Exchange (NGX) have emerged as one of the standout performers in 2025, attracting…
Nigeria’s Fintechs and Startups Shine at NiRA 2025 .ng Domain Awards
Nigeria’s fintechs and startups took centre stage at the 2025 Nigeria Internet Registration Association (NiRA) .ng…
Nigeria’s ₦30 Trillion Revenue Shortfall Sparks Concerns Over 2026 Budget
Nigeria’s federal government is under fresh scrutiny after revealing a ₦30 trillion shortfall in its 2025 revenue,…
Nvidia Expands Open Source AI with SchedMD Acquisition and Nemotron 3 Model…
Nvidia is making bold moves in the open source AI space, announcing both a key acquisition and a new model release…
Google Shuts Down Dark Web Report Feature: What Users Need to Know
Google has announced it will retire its “Dark Web Report” feature starting February 16, 2026. Launched about a year…
Dangote Petrol Price War: How Nigeria’s Fuel Market Faces a Brutal Downstream…
Nigeria’s downstream petroleum sector is in the grip of a fierce price war following Dangote Petroleum Refinery’s…