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…
OpenAI Partners with Pine Labs to Accelerate AI-Driven Fintech in India
OpenAI is deepening its presence in India with a strategic partnership with Pine Labs, aiming to bring AI-powered…
Nigeria’s Foreign Reserves Hit $48.5bn, Highest Level Since 2013
Nigeria’s foreign reserves have climbed to $48.5 billion, marking the highest level recorded since May 2013.…
Tinubu Executive Order on NNPCL Revenue Remittance Signals Major Oil Sector Reform
President Bola Tinubu has signed a sweeping Executive Order suspending the collection of management and frontier…
Nigeria’s World Bank IDA Debt Rises to $18.7bn as External Borrowing Pressures…
Nigeria’s debt to the International Development Association (IDA), the concessional lending arm of the World Bank,…
NRS E-Invoicing Rollout for Medium Taxpayers Begins April 2026
The Nigeria Revenue Service (NRS) has announced that it will extend its electronic invoicing system to medium and…
Nigeria Circular Economy Week: Experts Demand Government Support to Unlock…
Stakeholders across the waste management value chain have called for stronger government backing and policy…
Ghana Government Pays GH¢10 Billion Interest Under Domestic Debt Exchange…
The Government of Ghana has successfully settled GH¢10 billion in interest obligations under the Domestic Debt…
NNPC to Increase Gas Supply by 1.8bcf/d in 2026 to Meet Rising Domestic Demand
The Nigerian National Petroleum Company Limited (NNPC Ltd) has unveiled plans to raise gas supply by an additional…
FG Asset Sales in 2026: Revenue Generation Overshadows Efficiency, Analysts Warn
Analysts have raised concerns over the Federal Government’s (FG) plan to sell selected state-owned assets and…
Nigeria’s Oil Output Falls 6.3% in January 2026 Amid Price Volatility
Nigeria’s oil production fell sharply in January 2026, raising concerns about the country’s ability to meet both…
Naira Strengthens to N1,337/$ Amid Global Peace Talks: What It Means for Nigeria’s…
The Nigerian Naira has shown signs of recovery, strengthening to N1,337 per U.S. dollar at the official foreign…
Chams Enters Nigeria’s AI Infrastructure Race with New Subsidiary ChamsCorp
Chams Holding Company Plc, one of Nigeria’s pioneering technology firms, has officially launched a new subsidiary,…
Meta Study Reveals Parental Controls May Not Stop Teens’ Social Media Overuse
A recent internal study by Meta, called Project MYST, suggests that parental supervision and controls—like time…
FG to Review $6.2 Billion MTN-IHS Deal Amid Telecoms Sector Risks
The Federal Government of Nigeria has announced plans to closely scrutinise MTN Group’s proposed $6.2 billion…
Petralon Energy Hits First Oil at Dawes Island, Wins Shell Backing
Petralon Energy has officially struck first oil at its Dawes Island Field, earning strong backing from Shell…
Nigeria Loses N1.76 Trillion After Missing OPEC Crude Oil Quota
Nigeria’s oil sector suffered a staggering N1.76 trillion loss in potential revenue after failing to meet the…
CBN Remains Sole Authority on Exchange Rates for Trade, Clarifies Nigeria Customs
The Nigeria Customs Service (NCS) has clarified that it does not independently set or adjust exchange rates used…
FG Launches GROW Fund to Empower 6,122 Young Entrepreneurs in Nigeria
The Federal Government of Nigeria has officially launched the GROW Fund, a financing initiative aimed at supporting…
Tinubu Advocates for Fairer African Financial System to End High Borrowing Costs
President Bola Tinubu has called for a more equitable global financial system, highlighting that African countries…
Nigeria’s Stock Market Rally Signals Strong Economic Growth, Says President Tinubu
President Bola Tinubu has highlighted the sustained rally in the Nigerian stock market as a clear reflection of the…
European Stocks Set for Higher Open as UK Inflation Cools to 3%
European stocks are poised for a higher open on Wednesday as investors track global market movements and fresh…
NGX Market Capitalisation Falls to N121.55tn as Banking Stocks Trigger Sell-Off
The Nigerian equities market closed lower on Tuesday, ending a multi-day rally as investors took profits in major…
No Power, No Growth: Aliko Dangote Urges Urgent National Retreat to Fix Nigeria’s…
The President and Chairman of Dangote Industries Limited, Aliko Dangote, has warned that Nigeria cannot achieve…
Data Privacy Concerns Threaten Nigeria’s Financial Inclusion Drive
Growing concerns about data privacy in Nigeria’s financial inclusion efforts are emerging as a major obstacle to…
PenCom Equity Limits Reform Sparks N1 Trillion Liquidity Surge on NGX
Nigeria’s stock market is witnessing a powerful surge after the National Pension Commission (PenCom) revised the…
Nigeria’s Gas Market in 2025: Exports Surpass Domestic Sales, Driving Sector…
Nigeria’s gas sector saw a remarkable performance in 2025, with exports overtaking domestic sales for the first…