CBN Pushes for Safer Digital Cross-Border Payments to Boost Financial Inclusion
The Central Bank of Nigeria (CBN) has emphasized the transformative potential of digital cross-border payments…
CNG Stations Rollout Falls Short of 2025 Target Despite $2 Billion Investment
Despite securing over $2 billion in private sector funding since 2023, Nigeria’s Compressed Natural Gas (CNG)…
LG Unveils AI-Powered Smart Home Solutions Across MEA at InnoFest 2026 and Mega…
LG Electronics has taken a major step in redefining modern living with the launch of its AI smart home solutions,…
AI Ventures Accelerator Offers $10,000 to Empower Women-Led African Startups
African women entrepreneurs are being given a golden opportunity to grow their startups with the launch of the AI…
CBN Warns Digital Payment Growth Could Spark Currency Substitution and FX…
The Central Bank of Nigeria (CBN) has raised alarms over the rapid expansion of digital payments, warning that…
GTCO Leads Rally as Nigerian All-Share Index Tops 193,000 Points
The Nigerian stock market ended the trading session on a high note on February 19, 2026, with the All-Share Index…
PENGASSAN Rejects Tinubu’s Executive Order on Oil Revenues, Warns of Investor…
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has raised serious objections to…
Nigeria Eyes 18% Tax-to-GDP Ratio Through Digital Reforms – Finance Minister Edun
Nigeria is aiming to raise its tax-to-GDP ratio to 18 percent in the medium term, thanks to a series of tax reforms…
FMDQ Exchange Records N676.7 Trillion Turnover in 2025, Signals Strong Market…
Nigeria’s fixed income and foreign exchange market achieved a landmark turnover of N676.71 trillion on the FMDQ…
Nigeria’s Borrowing Costs Fall as Treasury Bills and FGN Bonds Rally on Strong…
Nigeria’s borrowing costs eased across its fixed-income market on Thursday, February 19, 2026, as yields on…
Nvidia Expands India AI Startup Partnerships to Capture Early-Stage Growth
Nvidia is intensifying its push into India’s rapidly growing artificial intelligence ecosystem,…
US Capital Inflows to Nigeria Jump 566% to $2.23bn Despite Trade Tensions
Investors from the United States injected $2.23bn into Nigeria’s economy in the first nine months of 2025, marking…
Naira Hits Two-Year High at N1,347/$ as FX Liquidity Improves
The naira has surged to its strongest level in nearly two years, trading at N1,347.78/$ in the official market,…
Investors Gain N1.7tn as Banking and Industrial Stocks Rally on Nigerian Exchange
Investors gained N1.7 trillion at the close of trading on Thursday as renewed buying interest in banking and…
Net Zero in Oil & Gas: Industry Leaders Outline Practical Strategies at…
Oil and gas industry leaders have emphasized that achieving net zero in oil and gas operations requires more than…
Nigerian Stock Market Loses N577bn as Investors Take Profits – NGX ASI Dips 0.47%
The Nigerian stock market yesterday experienced a significant pullback, halting its 11-day winning streak as…
Dawes Island Field Success Signals Growing Confidence in Nigerian Indigenous Oil…
Petralon Energy has received high praise from Shell Western Supply and Trading for successfully developing the…
CNG Stations Rollout Falls Short of 2025 Target Despite $2B Investment in Nigeria
Despite securing more than $2 billion in private sector investments over the past two years, Nigeria’s ambitious…
Elon Musk’s xAI Secures $3 Billion from Saudi Firm Humain, Strengthening AI and…
Elon Musk’s artificial intelligence venture, xAI, has secured a staggering $3 billion investment from Saudi Arabian…
European Stocks Slip as Airbus and Renault Earnings Shake Markets
European markets opened lower on Thursday as investors closely analyzed earnings reports from major companies…
Nigeria’s Business Travel FX Spending Surges 366% to $672M Amid Growing Global…
Nigeria has witnessed a remarkable surge in foreign exchange (FX) spending for business travel, with expenditures…
Bank Recapitalisation Could Bridge $120B African Trade Finance Gap, Says…
Afreximbank has advised the Nigerian government to use ongoing bank recapitalisation as a strategic tool to address…
Unpaid Electricity Bills Hit N6 Trillion as Nigeria’s Power Sector Faces Liquidity…
Nigeria’s power sector is facing a deepening financial crisis as electricity generation companies, under the…
Naira Depreciates to N1,340/$ as Parallel Market Hits N1,400/$ Amid Dollar…
The Nigerian naira recorded a marginal depreciation on Wednesday, trading at N1,340/$ at the official market, down…
NGX: Commercial paper debuts with Dangote Cement’s N119.87bn issuance
Nigeria’s capital market reached a new milestone as Dangote Cement Plc launched its first Commercial Paper (CP)…
CBN Governor Urges Banks to Drive Africa’s Industrialisation and Green Finance
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has called on banks and development finance…
FCMB Drives NGX Rebound as Shares Worth N35.8 Billion Trade on Customs Street
The Nigerian Exchange (NGX) rebounded strongly on Wednesday, February 18, 2026, closing 1,106.72 points higher at…
FG Targets 15% Trade Cost Reduction with New Industrial Policy to Boost…
The federal government has rolled out an ambitious industrial policy aimed at reducing trade costs in Nigeria by at…
Nigeria’s Crude Oil Production Hits 1.64mbpd in 2025 Amid Rising Local Investment
Nigeria’s crude oil production surged to 1.64 million barrels per day (mbpd) in 2025, marking a 5.8% increase from…
NNPC Gas Master Plan 2026: Nigeria Set to Boost Gas Supply by 1.8 Bcf/d
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced ambitious plans to increase the country’s…