The Securities and Exchange Commission (SEC) is tightening regulations to ensure that cryptocurrency transactions and other digitized trades are brought under the formal tax system. This...
Micro, Small and Medium Enterprises, MSMEs in Nigeria might soon heave a sigh of relief as the Federal Government, through the Central Bank of Nigeria has...
The Nigerian equities extended the bearish sentiment on Tuesday, February 18, 2025, as investors lost ₦166 billion on the trading floor of the Nigerian Exchange Group...
The Nigerian National Petroleum Company Limited (NNPCL) has strongly denied recent claims that it imported 200 million litres of Premium Motor Spirit (PMS), popularly known as...
Nigeria’s headline inflation has dropped to 24.48 per cent year on year in January 2025 according to the rebased Consumer Price Index (CPI). CPI rebasing means...
Success has never come without risk for Aliko Dangote, Africa’s richest man. But even for someone who has built a business empire spanning cement, sugar and...
The Nigerian equities market closed the week negatively on Monday, February 17, 2025, as investors lost ₦70 billion on the trading floor of the Nigerian Exchange...
The Central Bank of Nigeria (CBN) has announced the upcoming 299th meeting of its Monetary Policy Committee using four indigenous languages, Yoruba, Hausa, Igbo, and Pidgin....
The Nigerian equities market sustained the bullish trend recorded last week as investors gained N1.826 trillion on the trading floor of the Nigerian Xchange (NGX) in...
Nigeria’s President Bola Tinubu has thrown his weight behind the creation of an African-led Credit Rating Agency (ACRA) to counter the bias of Western rating agencies...
The Centre for the Promotion of Private Enterprise (CPPE), has disclosed that the ongoing United States (US) trade tariff war has presented opportunities for Nigeria in...
The Central Bank of Nigeria (CBN) said on Saturday the new policy on cash withdrawal from Automated Teller Machines (ATMs) would benefit banks and their customers. ...
Happy Valentine! Ikeja is a special place. It’s the kind of place where you can meet someone, fall in love, and also find a property that...
The Nigerian equities market sustained the bullish trend recorded last week as investors gained N1.826 trillion on the trading floor of the Nigerian Xchange (NGX) in...
Investors lost ₦700 billion on the trading floor of the Nigerian equities market on Friday. This follows the dip in the share prices of stocks like...
The Organisation of Petroleum Exporting Countries (OPEC) said on Thursday that Nigeria’s average daily crude oil production increased significantly to 1.53 million barrels per day (bpd)...
The Nigerian equities market extended the bullish trend on Thursday with investors gaining ₦842 billion at the close of the day’s trading. This followed the growth...
The Central Bank of Nigeria (CBN) has threatened to penalise banks that compel customers to withdraw amounts lower than N20,000 per transaction from Automated Teller Machines...
No fewer than 1,000 entrepreneurs drawn from across Africa are set to benefit as The Tony Elumelu Foundation (TEF) has signed a $6 million agreement with...
It has been a frustrating 24 hours for Nigerians in major cities in most states in the northern region over the inability to gain access to...
The Nigerian equities market extended the bullish trend on Wednesday with investors taking home N779 billion at the close of the day’s trading. This followed a...
The Federal Government has signed an agreement with the African Export-Import Bank (Afrexim Bank) for Nigeria to host the bank’s 32nd Annual Meetings (AAM). The agreement...
Nigeria’s electricity grid collapsed just before noon on Wednesday, leading to widespread power outages across the country. The development was confirmed by the official X handle...
Dangote Petroleum Refinery & Petrochemicals has reduced the cost of its diesel product to N1,020 per litre, down from N1,075 per litre at the gantry price....
Nigeria and the United Arab Emirates (UAE) have signed an amended Bilateral Air Service Agreement (BASA) to boost ties between the two nations. The countries will...
MTN, Nigeria’s largest telecommunications operator, has commenced the implementation of the 50 percent tariff hike approved by the Nigeria Communication Commission (NCC). A check on the...
The Nigeria Customs Service has suspended the introduction of the 4% Free-on-Board (FOB) value charge on imports. The suspension of the policy followed backlash from Nigerians,...
The Nigerian equities market rebounded from previous day’s loss with a N426 billion gain for investors at the close of trading on Tuesday. This followed the...
For many Nigerians, withdrawing cash from any available ATM has been a convenient part of daily banking. But starting March 1, 2025, that convenience comes at...
The official manufacturer and marketer of the Peugeot brand of vehicles in Nigeria, Dangote Peugeot Automobiles Nigeria Limited (DPAN), has commenced the assembly of the GT...
The Nigerian equities market opened the week on a bearish note on Monday, February 10, 2025, however, investors gained N477 billion on the trading floor of...
The Central Bank of Nigeria (CBN) has rescheduled the 299th meeting of its Monetary Policy Committee (MPC). The apex bank shifted the meeting which was initially...
The Federal High Court, Lagos, has ruled that the Federal Competition and Consumer Protection Commission (FCCPC) has the legal authority to oversee competition and consumer protection...
The year 2024 ended with 33% headline inflation and over 200% loss in the naira value in the last 24 months. What is happening in Nigeria’s...
The World Bank has revealed that plans are underway to introduce its Joint Capital Markets Programme (J-CAP) in Nigeria to boost infrastructure financing. The Global Head...
The Nigerian equities market sustained the bullish trend recorded 14 days ago as investors gained N883.7 billion at the close of trading last week. The bourse...
The Nigerian Civil Aviation Authority (NCAA) has initiated maximum enforcement action against Kenya Airways for failing to comply with guidelines on customer protection. This followed the...
The Nigerian equities market sustained the bullish trend recorded last week as investors gained N883.7bn on the trading floor of the Nigerian Xchange (NGX) in a...
The International Finance Corporation (IFC) has signed an equity investment deal worth $50 million with the Lagos Free Zone Company (LFZ) to drive Nigeria’s industrial growth....
The Nigerian equities market ended the week with N305 billion gain for investors on the trading floor on Friday. This followed a surge in the share...
Investors in the Nigerian equities market gained N65 billion at the close of trading on Thursday. This followed a surge in the share prices of stocks...
XTransfer, a Chinese B2B cross-border trade payment platform, and Ecobank Group have signed a landmark Memorandum of Understanding of Cooperation (MOU) to roll out comprehensive cross-border financial services to Africa’s small and medium-sized enterprises (SMEs)...
The United Nations World Food Programme (UN WFP) has earmarked $2.5 billion under its 2023-2027 Nigeria Country Strategy Plans (CSP) to achieve zero hunger and improve...
The Nigerian equities market maintained its bullish momentum on Wednesday as investors gained N322 billion at the close of the day’s trading. This followed the surge...
The nascent growth in the Nigerian private sector seen at the end of 2024 was sustained into the first month of 2025, with new orders and...
The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has raised an alarm that oil-producing companies are diverting 500,000 barrels of crude oil daily meant...
The Federal Government, through the Nigerian Electricity Regulatory Commission, (NERC) has issued regulations on the procedure for tariff reviews. NERC, in the latest order, signed by...
Nigeria’s forex reserves declined by $1.16 billion in the last three weeks. The Central Bank of Nigeria (CBN) disclosed this in its gross forex exchange movement...
The Nigerian equities market maintained its bullish trend as investors gained N98 billion at the close of trading on Tuesday. This followed the growth in the...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed 19 illegal Liquefied Petroleum Gas (LPG) and category D cooking gas outlets in Delta State....
