Nigeria Money Market Stays Liquid Despite CBN Tightening as Billions Flow in from…
Nigeria’s money market continued to show strong liquidity this week, even as the Central Bank of Nigeria maintained…
NNPC Clarifies China Refinery Deal: No Fresh Spending on Port Harcourt, Warri…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has clarified that its recently signed agreement…
Nigeria Receives 164,000MT Imported Fuel Amid Fresh Petrol Import Licences and…
Nigeria has recorded the arrival of about 164,000 metric tonnes of imported petroleum products, as new cargo…
$7 Billion in Perfectly Timed Oil Trades Spark Insider Trading Investigation Fears
A wave of unusually well-timed oil trades totaling around $7 billion has triggered growing concerns over possible…
Nigerian Startups Raise $4m in April 2026 as Fintech Dominates Funding Amid Slow…
Nigeria’s startup ecosystem recorded a modest recovery in April 2026, attracting about $4 million in disclosed…
Uber Pushes Harder Into “Everything App” Race as Super App Strategy Accelerates
Uber is accelerating its long-standing ambition to evolve beyond ride-hailing into a full “super app,” as…
Canvas Breach Raises Shared Infrastructure Risk Concerns After Massive Education…
A major cybersecurity incident involving the e-learning platform Canvas has sparked fresh concerns about…
PFA grows revenue to N42.4 billion, declares N2 dividend
Access ARM Pensions has reported a strong financial performance for the 2025 fiscal year, its first…
Top Nigerian Banks Cut Lending by Nearly 25% as Economic Risks Rise
Nigeria’s banking sector is tightening its grip on lending as economic uncertainty, high interest rates, and…
Nigeria to Sanction Poor Telecom Operators as NCC Tightens Service Quality…
Nigeria’s Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has urged telecommunications…
US Imports $578.78m Worth of Nigerian Crude in Q1 2026 as Demand Slips
The United States imported $578.78 million worth of crude oil from Nigeria in the first quarter of…
CBN Urges States to Curb Overdraft Dependence as Inflation Targeting Reform…
The Central Bank of Nigeria (CBN) has called on state governments to reduce their dependence on overdrafts…
NGX Market Capitalisation Hits N157 Trillion as Investors Trade N324 Billion Worth…
The Nigerian stock market ended the week on a positive note as the Nigerian Exchange Limited recorded a 0.71…
Top 10 Equity Mutual Funds in Nigeria by YTD Returns (April 2026) Amid Strong…
Nigeria’s equity mutual fund space is seeing renewed attention from investors as strong stock market performance…
FG Threatens Sanctions as Nigerians Lament Poor Telecom Service Quality
Nigeria’s Federal Government has issued a strong warning to telecommunications companies over the worsening quality…
Nigeria’s External Reserves Drop by $855 Million in Five Weeks Amid Forex Pressure
Nigeria’s external reserves declined by approximately $855 million within five weeks, highlighting renewed pressure…
Nigeria’s Power Crisis Deepens Despite 300% Tariff Hike as Consumers Pay More for…
Two years after Nigeria introduced the controversial Band A electricity tariff system, many consumers say they are…
European Markets Mixed as Iran Peace Talks Stall, Investors React to Rising Global…
European stock markets opened on a cautious note Monday as investors reacted to growing uncertainty surrounding…
Paga Partners Sui to Launch Stablecoin Payments Across Africa, Targets Faster…
African payments infrastructure company Paga Group is making a bold move into blockchain finance through a new…
Tech Stocks Could Be the Best Value in Years After Strong Earnings Season,…
Tech stocks in the United States are once again drawing strong investor interest after another impressive earnings…
Dangote Targets 20,000MW Power Expansion as He Pushes Bold Industrial Drive Across…
Africa’s richest industrialist, Aliko Dangote, has announced an ambitious plan to enter the power sector with a…
Canada Posts Surprise Trade Surplus as Oil and Gold Boom Boost Exports
Canada has recorded an unexpected trade surplus, its first in six months, as rising oil and gold prices boosted…
NUPENG Backs NNPC, Urges Transparency in Warri, Port Harcourt Refinery Revival MoU
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has expressed strong support for the efforts of…
Nigeria Economic Reforms Strengthen Resilience Amid Global Uncertainty
Nigeria’s bold economic reforms over the past two years—though painful and controversial—are now being closely…
NGX Market Capitalisation Falls to N153.86tn as Heavy Selloffs Hit Blue-Chip…
The Nigerian equities market closed lower on Thursday as sustained selloffs in major listed companies wiped out…
Pension Fund Investments in Nigerian Equities Surge 27% Amid Stock Market Rally
Nigeria’s pension fund industry recorded a sharp increase in exposure to domestic equities in the first quarter of…
Dangote Plans London Listing for $13bn Dangote Cement Amid Strong Profit Growth…
Africa’s richest man, Aliko Dangote, is preparing to take a major step in global capital markets as he plans to…
European Stocks Slip as Trump Tariff Threats Rattle Markets, UK Elections Add…
European stock markets slipped on Friday as renewed trade tensions between the United States and the European Union…
Only Four African Economies Ready for Sustainable Industrialisation – RED Index…
A new 2025 RED Index of Industrial Development in Africa has revealed a sobering reality about the continent’s…
Political Stability Drives FDI in Africa as MAN Calls for Investment Reforms
Despite a gradual rise in foreign investment flows into Africa, the Manufacturers Association of Nigeria (MAN) has…