CBN PMI Hits 56.4 in February, Marking 15 Months of Continuous Economic Expansion
Nigeria’s economic momentum continued in February 2026, with the Central Bank of Nigeria’s (CBN) composite…
Treasury Bill Auction Oversubscribed as Ghana’s Interest Rates Drop to 4.82%
Ghana’s recent Treasury bill auction has once again exceeded expectations, signaling strong investor confidence in…
Domestic Investors Lead Nigerian Bank Recapitalisation, Driving 72% of Funds
Domestic investors have been the major force behind Nigeria’s ongoing bank recapitalisation programme, contributing…
Fuel Price Fluctuations in Nigeria Driven by Market Forces, Says NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has clarified that the recent…
G7 Finance Ministers to Discuss Emergency Oil Release Amid Iran Conflict
The Group of Seven (G7) finance ministers are set to discuss a coordinated release of emergency oil reserves in a…
Iran War Threatens Nigeria’s Economic Recovery: The Fragility of Tinubunomics
As the war between the United States, Israel, and Iran intensifies thousands of kilometres away, Nigeria is already…
Iraq Oil Production Plummets 70% Amid Strait of Hormuz Shipping Disruptions
Iraq’s oil production has taken a severe hit, dropping by roughly 70% after exports through the strategic Strait of…
Nigerian Stock Market Valuation Hits N126 Trillion as Investors Trade N177 Billion…
The Nigerian stock market continued its upward momentum this week, with the total market capitalisation climbing to…
NGX Group and CSCS Lead Global Push for Gender Equality in Capital Markets
The Nigerian Exchange Group (NGX), in collaboration with the Central Securities Clearing System (CSCS) and Women in…
European Markets Set to Slump as Middle East Tensions Push Oil Prices Above $110
European stock markets are expected to open sharply lower on Monday as escalating tensions in the Middle East push…
Nigeria Pension Assets Rise to N28.03tn as FGN Securities Dominate Investments
Nigeria’s pension industry recorded a strong start to 2026 as total pension assets rose by N580 billion in January,…
Champion Breweries Meets NGX Free Float Requirement After Public Offer and Rights…
Champion Breweries Plc has announced that it has successfully met the minimum free float requirement for companies…
Nigeria’s Power Sector Debt: A Case for Accountability Amidst Audit Disputes
Nigeria’s power sector has long been plagued by structural inefficiencies, weak liquidity and persistent…
AWS Launches Amazon Connect Health: AI Agent Platform for Streamlined Healthcare…
Amazon Web Services (AWS) has officially entered a new phase in healthcare innovation with the launch of Amazon…
Nigeria to Train 10,000 AI Experts Through Microsoft and TeKnowledge Partnership
Nigeria is taking a major step toward becoming a global hub for artificial intelligence as TeKnowledge and…
NNPC Leads Petrol Price Surge in Nigeria Amid Looming Fuel Scarcity
The price of Premium Motor Spirit (PMS), commonly known as petrol, has surged sharply across Nigeria, sparking…
Dangote Refinery vs Importers: Petrol Price Debate Amid US-Iran Tensions
Amid escalating tensions in the Middle East, Nigeria is witnessing a sharp debate over petrol prices as the Dangote…
Nigeria Positions for Stronger AfCFTA Gains with Subnational Export Expansion
The Federal Government has reaffirmed its commitment to delivering tangible results under the African Continental…
FG Introduces New Presumptive Tax Rules to Simplify Compliance for MSMEs
The federal government of Nigeria has introduced new presumptive tax rules aimed at Micro, Small, and Medium…
Manufacturers Optimistic as CBN Interest Rate Cuts Promise Credit Boost Beyond…
Manufacturers in Nigeria are eyeing a rebound in access to bank credit after lending to the sector dropped to N7.09…
Nigerian Pension Funds Hit N28 Trillion as Contributor Base Tops 11 Million
The Nigerian pension fund industry has kicked off 2026 with remarkable growth, reaching a new high of N28.04…
Asia Markets Edge Higher Amid Iran Conflict Concerns and Oil Price Volatility
Asia-Pacific markets mostly rose on Friday as investors cautiously assessed the impact of escalating tensions in…
Nigerian Equities Market Rebounds, NGX Gains N220bn Amid Investor Optimism
The Nigerian equities market recorded a strong rebound on Thursday, as gains in several medium- and large-cap…
Bitcoin Holds Above $72K Amid 2022 Crash Echoes: Analysts Eye Key Support Levels
Bitcoin continued trading above $72,000 on Thursday, giving investors a sense of relief after a recent pullback.…
Nigerian Stock Market Gains N221bn as Nestle Nigeria Drives Investor Demand
The Nigerian stock market witnessed a notable boost yesterday, with the Nigerian Exchange Limited (NGX) gaining…
Naira Holds Strong at N1,850/£1 Amid UK Pound Weakness and Rising Local Demand
The Nigerian naira settled at N1,850 per British pound (GBP) in the official foreign exchange market on Wednesday,…
CBN Withdraws N13.41 Trillion in January 2026 Amid Tight Liquidity Conditions
The Central Bank of Nigeria (CBN) pulled a record N13.41 trillion from the financial system in January 2026, nearly…
NTB Auction Sees N2.34 Trillion Demand as Investors Eye Higher Yields
Investors poured N2.34 trillion in bids at the latest Nigerian Treasury Bills (NTB) auction, more than double the…
U.S. Dollar Surges Amid Middle East Tensions: Poised for Biggest Weekly Gain in a…
The U.S. dollar held steady in early Asian trading on Friday, buoyed by escalating tensions in the Middle East that…
Dangote Refinery Absorbs 20% Crude Cost Surge to Stabilise Petrol Supply in…
Nigeria’s largest refining facility, the Dangote Petroleum Refinery & Petrochemicals, has assured Nigerians…