$600m monthly diaspora remittances proof of reforms – FG
The Federal Government has expressed excitement over a sharp rise in diaspora remittances, which have surged to…
Nigeria’s power sector reforms fail where telecom triumphs
When Nigeria embarked on economic liberalisation in the late 1990s and early 2000s, the telecommunications…
Nestle sacks CEO over office romance
Swiss food giant, Nestlé, on Monday dismissed Laurent Freixe as chief executive with immediate effect over an…
Nigeria Signs Deepwater Oil Deal with TotalEnergies to Boost Production and Energy…
Nigeria has formalized a major deepwater oil agreement with French energy giant TotalEnergies and local partner…
Kola Aina on AI, Local Capital, and Startup Exits: Africa’s Tech Investment…
Kola Aina, founding partner of Ventures Platform, has been a pivotal figure in African venture capital for over a…
Insurance Firms Rush to Meet Sept 30 Recapitalisation Deadline Amid New NIIRA 2025…
Insurance companies across Nigeria are racing against the September 30 deadline to submit their recapitalisation…
British Pound Slides 0.9% Amid U.K. Fiscal Concerns, European Markets Weaken
The British Pound fell sharply on Tuesday, sliding 0.9% against the U.S. dollar as investors grew increasingly…
SEC Nigeria Launches New Website to Enhance Investor Protection and Market…
The Securities and Exchange Commission (SEC) Nigeria has unveiled its redesigned website, signaling a major push…
World Bank drives more budget allocations to critical sectors
Nigeria has leveraged the World Bank’s Programme-for-Results (PforR) to increase funding and budget allocations to…
Trump Slams India-U.S. Trade Ties as ‘One-Sided Disaster’ After Modi’s Visit to…
U.S. President Donald Trump has sharply criticized India over trade relations, calling the partnership “a totally…
Dangote Refinery Boosts Fuel Exports Amid Middle East Refinery Shutdowns
The $20 billion Dangote Petroleum Refinery has ramped up exports of petrol, aviation fuel, and diesel as…
Nigeria Economic Society Pushes for Inclusive Growth, Honours Shettima, CBN…
The Nigeria Economic Society (NES) has emphasized the need for inclusive economic growth as it prepares to honour…
Nigeria’s Environmental Future Depends on Artificial Intelligence, Experts Warn
Experts have raised fresh concerns that Nigeria’s survival against worsening climate change, resource depletion,…
ITU: $2.8 Trillion Needed to Close Global Digital Divide by 2030
The International Telecommunication Union (ITU) has revealed that between $2.6 trillion and $2.8 trillion will be…
Nigeria First’ Policy to Generate N3 Trillion for Economy, Says Trade Minister
The Federal Government has projected earnings of about N3 trillion from its ‘Nigeria First’ policy, a campaign…
Dollar Weakens as Gold Hits Record High Amid Fed Rate Cut Speculation
Global financial markets were mixed on Tuesday as the U.S. dollar wobbled near five-week lows and gold surged to a…
Startups tap eSIM boom to disrupt telcos
Nigeria’s telecom sector is witnessing a new wave of disruption as technology startups in the eSIM space emerge to…
European Stocks Hold Steady as Chinese Tech Rally Boosts Market Sentiment
European equities opened the week on a steady note as gains in Chinese technology stocks helped balance pressure…
NGX Opens September with ₦363bn Loss as Market Indices Decline
The Nigerian Exchange (NGX) began September on a bearish note, with investors losing a total of ₦363 billion in…
Forex Market: Chinese Traders Accepting Naira for Yuan as Currency Swap Boosts…
Nigeria’s foreign exchange market is witnessing new dynamics as Chinese traders increasingly accept naira for yuan…
CBN’s $2 Billion FX Forwards Audit: Winners, Losers, and the Future of Nigeria’s…
The Central Bank of Nigeria (CBN) has concluded a forensic audit into disputed foreign exchange (FX) forward…
Amid Excess Liquidity in Financial Sector, Banks’ Borrowing from CBN Slumps 28.2%…
Amid excess liquidity in the financial sector, banks’ borrowing from the Central Bank of Nigeria (CBN) dropped by…
Naira Holds Steady in Black Market as U.S. Dollar Weakens Amid Global Uncertainty
The Nigerian naira remained stable in the black market, trading just below the N1.550/$ range in the first session…
Nigeria’s Gas Flaring Drops to 7.16% in July 2025 as Gas Production Hits 7.59…
Nigeria recorded a significant energy milestone in July 2025 as gas flaring fell to 7.16%, even as daily gas…
Dangote Refinery Sources Ghana Crude Amid Production Questions, RFCC Unit…
Nigeria’s Dangote Refinery has, for the first time, imported crude oil from Ghana, signaling a shift toward…
Lenovo ‘Project Pivo’ Rotating Laptop, Legion Go 2, and AI Tablets Leak Ahead of…
Lenovo is set to make waves at IFA 2025 with a mix of innovative devices, following new leaks from renowned tech…
Meta’s $14.3B Scale AI Partnership Shows Early Strains Amid Talent Departures and…
Meta’s multi-billion-dollar partnership with data-labeling startup Scale AI, launched in June with a $14.3 billion…
Nigeria’s 70% Broadband Target at Risk as NCC Reports Consecutive Decline in July
Broadband penetration in Nigeria fell to 48.01% in July 2025, marking the second consecutive monthly decline,…
Nigeria Must Achieve 8% GDP Growth to Hit $1 Trillion Economy by 2030 — Minister…
Nigeria must raise its Gross Domestic Product (GDP) growth from the current 3 percent to around 8 percent to…
Asia Markets Mixed as China PMI Data, India Ties, and U.S. Tariff Ruling Shape…
Asian stock markets closed mixed on Monday as investors weighed fresh economic data out of China, developments in…