Nigeria Economic Growth 2026 Boosts Sub-Saharan Africa Outlook, Says IMF
The International Monetary Fund (IMF) has praised Nigeria’s ongoing economic stabilisation efforts, noting that…
Nigeria Launches “Back to the Farm” Initiative to Combat Food Insecurity
The Nigerian government has unveiled a bold new macro-strategy to tackle persistent food insecurity across the…
Tony Elumelu Joins Seplat Energy Board Following $496 Million Stake Acquisition
Seplat Energy Plc has announced the appointment of prominent Nigerian entrepreneur and philanthropist Tony Elumelu…
Shell’s $5 Billion Bonga Southwest Project Gets Presidential Approval to Boost…
President Bola Tinubu has given the green light for targeted incentives to finally unlock Shell’s long-delayed $5…
Nigeria’s Oil Industry in 2025: Investment, Reforms, and Rising Production
Nigeria’s oil and gas sector experienced a transformative 2025, marked by policy reforms, strategic acquisitions,…
Jeff Bezos’ Blue Origin Launches TeraWave to Challenge Elon Musk’s Starlink
Billionaire Jeff Bezos’ space venture, Blue Origin, is stepping into the satellite internet race with the…
Flutterwave Leverages Stablecoins to Revolutionize Africa’s Cross-Border Payments
Flutterwave, Africa’s leading payments infrastructure startup, is making a bold move into blockchain-powered…
Nvidia CEO Jensen Huang Heads to China Amid AI Chip Sales Challenges
Nvidia CEO Jensen Huang is set to visit China in the coming days, just ahead of the mid-February Lunar New Year,…
World Bank Backs $50 Million Solar Farming Expansion to Boost Nigeria’s…
The World Bank has approved $50 million to scale solar-powered agricultural solutions in Nigeria and five other…
NGX Must End ‘Listing by Introduction’ to Boost Transparency and Investor…
Nigeria’s capital market is at a crossroads as investors and experts increasingly question the practice of listing…
Nigeria’s Economy Shows Strong Recovery, Says Oduwole at World Economic Forum
Nigeria’s economy is showing clear signs of recovery, driven by strategic reforms and increased investor…
CBN MPC Divided on November Rate Cut as Inflation Shows Signs of Easing
Members of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) were sharply divided at their…
NGX Records N11.92 Trillion in Trades as Domestic and Foreign Investments Hit…
The Nigerian Exchange (NGX) witnessed a historic surge in stock trading in 2025, with domestic and foreign…
LIRS Urges Lagos Employers to Meet January 31 Tax Filing Deadline to Avoid…
The Lagos State Internal Revenue Service (LIRS) has issued a stern reminder to all employers in Lagos to comply…
CBN’s Tight Monetary Policy Cuts Inflation by 10 Points, Governor Cardoso Confirms
Nigeria’s sustained monetary tightening has played a key role in reducing inflation, with the Central Bank of…
Trump Sues JPMorgan for $5 Billion Over Alleged Political “Debanking”
Former U.S. President Donald Trump has taken legal action against the nation’s largest bank, JPMorgan Chase, filing…
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…