Moniepoint Founders Redefine African Fintech as Company Earns TIME100 Recognition
The founders of Moniepoint Inc., Tosin Eniolorunda and Felix Ike, are receiving widespread praise for challenging…
AI Deployment Set for Full-Scale Adoption Across Nigeria’s Key Sectors in 2026 –…
Artificial intelligence (AI) deployment in Nigeria is expected to transition from experimental pilot projects to…
Nigeria Electricity Companies’ Revenues Surge 22% Amid Persistent Blackouts
Nigeria’s electricity distribution companies recorded a surprising 22% jump in revenues, collecting a total of…
Dangote Refinery Denies Shutdown Rumors, Confirms 50 Million Litres Daily Petrol…
The Dangote Petroleum Refinery has refuted recent reports suggesting it is shutting down for maintenance, assuring…
Nigeria Electricity Subsidy Nears N2tn as Power Sector Struggles Persist
Nigeria’s electricity subsidy reached nearly N2 trillion in the 12 months between October 2024 and September 2025,…
Naira Strengthens by 7.5% in 2025, Hits N1,419 at Official Market
Nigeria’s currency capped a remarkable year in 2025, strengthening at the official foreign exchange market to close…
CBN Warns Bank Recapitalisation Could Heighten Market Concentration in Nigeria
The Central Bank of Nigeria (CBN) has raised concerns that the ongoing bank recapitalisation program may…
Investor Confidence Drives Nigeria’s Foreign Inflows to $14bn in 2025
Nigeria’s foreign investment landscape received a significant boost in 2025, with combined foreign portfolio…
Tony Elumelu Calls His Foundation the “Best Investment” for Africa’s Future
Billionaire investor and philanthropist Tony Elumelu has described the Tony Elumelu Foundation (TEF) as the best…
NGX-ASI Nears Historic 160,000 Points as Nigerian Stock Market Shows Strong Start…
The Nigerian Exchange Limited (NGX) All Share Index (NGX-ASI) is on the verge of making history, approaching the…
Nigerian Breweries and FATE Foundation Empower 1,000 Students Through…
Nigerian Breweries Plc has joined forces with FATE Foundation to empower 1,000 Nigerian students under the Orange…
Global Wage Growth Hits 15-Year High as Inflation Eases, Boosting Workers’ Buying…
Global wage growth surged to its fastest pace in over 15 years in 2024, offering a welcome relief to workers…
World Bank Places Innovation at the Heart of Global Development Strategy
The World Bank Group is making innovation a cornerstone of its global development strategy, moving beyond…
NGX Surges N468bn as New Year Rally Boosts Investor Confidence
The Nigerian Exchange (NGX) extended its early-year momentum on Tuesday, with total market capitalisation climbing…
Naira Likely to Stay Under Pressure in 2026, Says Economist Yemi Kale
Economist Yemi Kale has warned that the Nigerian naira is likely to remain under pressure against the US dollar…
Nigeria’s Most Improved Stockbrokers in 2025 as Trading Value Jumps 135%
Nigeria’s stock market saw a dramatic resurgence in 2025, with the country’s most improved stockbrokers playing a…
European Markets Set for Mixed Open as Trump’s Greenland Threat Rattles Investors
European stock markets are expected to open mixed on Wednesday, as growing geopolitical concerns surrounding…
M&P Exits Seplat Energy as Heirs Group Acquires 20% Stake
Seplat Energy Plc has confirmed the complete exit of its founding shareholder, Etablissements Maurel & Prom…
Nigeria’s Economy Shows Signs of Stability, but Structural Weaknesses Remain —…
Nigeria’s economy is gradually finding its footing after years of volatility, but deep-seated structural weaknesses…
SEC to Intensify Market Enforcement in 2026 under ISA 2025 — Boosting Investor…
The Securities and Exchange Commission (SEC) has revealed plans to step up enforcement of market regulations in…
Nigerian Banks Face Reality as CBN Ends COVID-Era Loan Forbearance
After nearly five years of regulatory leniency, Nigeria’s banking sector is confronting a long-postponed reality:…
NGX Crosses N100 Trillion Market Cap as Equities Rally 1.74% in 2026 Kickoff
The Nigerian Exchange (NGX) began 2026 on a high note, with investor optimism and broad-based buying lifting the…
Nigerians Cut Household Spending by N14tn in 2024 Amid Surging Inflation
Household spending in Nigeria plummeted by a staggering N14 trillion in 2024 as soaring inflation ate into the…
Venezuela Oil Prices Fall to $61 Amid Political Instability
The global oil market is feeling the ripple effects of Venezuela’s ongoing political and economic instability, with…
Tinubu Appoints New Boards for Nigeria’s Oil Regulators, Magnus Abe to Chair NUPRC
President Bola Tinubu has taken a significant step to strengthen Nigeria’s oil and gas governance by nominating…
Chapel Hill, CardinalStone Lead Nigerian Exchange Trading in Q4 2025
Chapel Hill Denham Securities Ltd and CardinalStone Securities Ltd emerged as the leading stockbrokers on the…
Global Markets Surge on AI Optimism as Oil Prices Stabilize
Global stock markets opened the new year on a strong note, driven by renewed optimism in artificial intelligence…
Business Confidence in Nigeria Soars Amid Insecurity and High Taxes
Nigerian businesses are stepping into 2026 with renewed optimism, according to the December 2025 Business…
NCC Vows Stronger Consumer Protection as Nigeria’s Telecom Service Gaps Persist
Nigeria’s telecommunications regulator has pledged to adopt a tougher stance on consumer protection in 2026,…
Dollar Inflows Into Nigeria’s FX Market Drop 21% as Foreign Investors Pull Back
U.S. dollar inflows into Nigeria’s official foreign exchange (FX) market fell sharply last week, signaling…