NNPCL’s Crude-for-Loan Burden Hits N8.07tn: Eagle, Gazelle, Yield Projects Drive…
The Nigerian National Petroleum Company Limited (NNPCL) is grappling with a staggering N8.07tn in crude-backed loan…
Naira Strengthens to 1,446/$ as Foreign Capital Inflows Hit $20.98bn
The Nigerian naira recorded a notable uptick last week, appreciating to 1,446.74 per dollar, a 0.69% increase from…
Top 10 Nigerian Stockbrokers Transact N6.6 Trillion on NGX in 11 Months
Nigeria’s stock market witnessed significant activity in the first 11 months of 2025, with ten leading stockbroking…
Nigeria’s Refining Capacity Hits 62% Amid Crude Shortages and Technical Challenges
Nigeria’s oil refining sector continues to struggle with low utilisation despite having a combined installed…
Nigerian Equities Market Suffers N6.5 Trillion Loss in November Amid Investor…
The Nigerian equities market recorded its worst monthly performance in history in November 2025, with a staggering…
SEC Pledges Stronger Action Against Ponzi Schemes to Protect Nigerian Investors
The Securities and Exchange Commission (SEC) has reinforced its commitment to protecting Nigerian investors by…
European Markets Face Downturn as December Trading Begins Amid Global Uncertainty
European stock markets are starting December on a cautious note, with major indices expected to open lower. The…
Dangote Group Partners with Kano State to Boost Trade, SMEs, and Social Programmes…
The Dangote Group and the Kano State government have announced a strengthened partnership aimed at boosting…
Google Unveils N3bn Investment to Boost AI Skills and Digital Safety in Nigeria
Google, through its philanthropic arm Google.org, has announced a major N3 billion (US$2.1 million) commitment to…
Nigeria Imports 828m Litres of Petrol as Dangote Refinery Falls Short in October
Nigeria’s fuel security weakened in October after the Dangote Petroleum Refinery supplied only a fraction of the…
Naira Strengthens to N1,470/$ Amid Rising Forex Reserves as U.S. Dollar Index…
The Nigerian Naira showed mixed performance on Friday as it strengthened slightly in the unofficial market while…
NNPC Boosts Investment in Dormant Refineries to N2.92tn Amid Ongoing Revival Plans
The Nigerian National Petroleum Company Limited (NNPC) increased its investment in the country’s three…
Nigeria’s Company Income Tax Surges 40% to N2.78 Trillion in Q2 2025
Nigeria’s Company Income Tax (CIT) collections skyrocketed in the second quarter of 2025, reaching a record N2.78…
Dangote Group Expands Fertiliser Production with Global Partnerships in Nigeria…
Dangote Group has launched a major expansion of its fertiliser operations in Nigeria and Ethiopia, partnering with…
FIRS Announces Three-Day IT System Shutdown for Maintenance Amid Tax Changes
The Federal Inland Revenue Service (FIRS) has announced a temporary shutdown of its information technology (IT)…
Nigeria Receives $21.57 Billion Boost for Clean Energy Development
Nigeria and several other developing nations have received a substantial $21.57 billion for clean energy…
NNPCL-Heirs Energies JV Doubles Gas Supply, Boosting Power Generation Across…
Nigeria’s domestic gas supply and electricity generation have received a major boost following a landmark…
U.S. AI Startups Secure Record $100M+ Funding Rounds in 2025, Signaling Booming…
The U.S. artificial intelligence (AI) sector continues to experience unprecedented growth in 2025, as startups…
CBN Orders Banks to Withdraw Misleading Ads to Protect Consumers
The Central Bank of Nigeria (CBN) has issued a stern directive to all banks, payment service banks, and other…
Who Owns Africa’s Data? Building Digital Sovereignty in the Age of AI
As artificial intelligence advances and global tech platforms dominate, Africa faces a pressing question: who truly…
European Markets End November Mixed; Delivery Hero Surges Over 15% Amid Strategic…
European stocks closed Friday with a mixed performance as investors digested a volatile month of trading. The…
Nigerian Stock Market Rebounds with N111 Billion Gain Driven by MTNN, Banking, and…
The Nigerian equities market staged a notable recovery on Thursday, November 27, 2025, adding N111.08 billion to…
Nigerian Stock Market Gains N111bn as Investor Optimism Returns
The Nigerian equities market closed on a positive note yesterday, recording a remarkable N111 billion gain, fueled…
CSCS Implements T+2 Settlement Cycle, Boosting Efficiency in Nigeria’s Capital…
The Central Securities Clearing System Plc (CSCS) has officially implemented the T+2 settlement cycle in Nigeria’s…
AfDB and EIB Commit $275M to Boost Mauritania Mining Railway Investment
The African Development Bank (AfDB) and European Investment Bank (EIB) have joined forces in a landmark $275…
CBN Orders Banks to Withdraw Non-Compliant Advertisements: Ensures Consumer…
The Central Bank of Nigeria (CBN) has issued a stern directive to Deposit Money Banks (DMBs), Payment Service Banks…
Africa Must Turn to Private Capital as Global Aid Declines — Edun Warns
Africa must increasingly rely on private capital and regional investment as global development aid continues to…
Asia-Pacific Stocks Mixed as Tokyo Inflation Surprises, Fueling Rate-Hike…
Asia-Pacific markets delivered a mixed performance on Friday as investors navigated fresh signals from Japan’s…
NNPCL’s N17.5tn Pipeline Security Spending Sparks Audit Demands in 2024 Financial…
Nigeria’s national oil company, the Nigerian National Petroleum Company Limited (NNPCL), has revealed that the…
SEC Orders Full Registration of All Tradable Instruments by January 2026
The Securities and Exchange Commission (SEC) has issued a firm directive to all Capital Market Operators, requiring…