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MARKETS AND ECONOMY

Nigeria Faces Fresh Petrol Price Pressure as Oil Nears $100

 Brent crude is closing in on $100 per barrel as renewed conflict in the Middle East threatens global oil supplies, raising fresh concerns over petrol prices in Nigeria.This is coming amid assurances by the country’s downstream regulator, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) that domestic refining would...

Dangote Refinery Set IPO Price At N525 Per Share

Dangote Petroleum Refinery has set its initial public offering...

NDPHC Reports N300bn Loss As 1,500MW Generation Capacity Remains Stranded

The Niger Delta Power Holding Company (NDPHC) has reported...

Dangote Sets 12-Day Timeline For Refinery IPO

Aliko Dangote has disclosed that the initial public offering...

Uber Begins Robotaxi Trial in London After Quitting Nigeria

Uber has begun testing autonomous ride-hailing services in London,...

SEC Brings Online Forex, CFD Platforms Under Proposed Capital Market Rules

The Securities and Exchange Commission has proposed new rules...

Access, UBA, NASCON Drag NGX to Halt Four-Day Rally

The Nigerian equities market ended its four-day bullish run...

Tech World

FINANCE

After Recapitalisation, NAICOM Turns to Digital Channels to Grow Nigeria’s Insurance Market

Following the  recapitalisation of Nigeria’s insurance industry, the National Insurance Commission (NAICOM) is shifting its focus to digital distribution, consumer education and financial inclusion to expand insurance access among young Nigerians, women, micro, small and medium-sized enterprises (MSMEs) and underserved communities.The regulator launched the Insurance Sector Strengthening Programme (ISSP)...

N4.65trn Recapitalisation: Are Banks Financing Nigeria’s Economy or Government?

By Blaise UdunzeFive months after the Central Bank of...

OPay Plans NGX Listing as Fintech Targets $4bn US IPO Valuation

OPay, one of Nigeria’s leading fintech companies, is preparing...

PalmPay Expands Opportunities for Nigerians to Earn More

As rising living costs continue to place pressure on...

Security is Becoming a Bigger Priority for Young Banking Customers

Nigeria’s fintech companies are facing a new test in...

Fortis Global Insurance Appoints Umar Faruk Umar, Ufuoma Ibru as Directors

Fortis Global Insurance Plc has appointed Dr Umar Faruk...

N1.5trn Equity Revaluation Drives N2.07trn Pension Asset Growth — PenCom

Nigeria’s pension assets rose by N2.07tn to N29.52tn in...

GENERAL NEWS

Nigeria’s Economy Showing Recovery Signs Ahead of 2027 -Sanwo-Olu

Nigeria’s economy is showing stronger signs of recovery ahead...

Security Is Becoming An Economic Cost for Nigeria’s Businesses, Lai Mohammed Warns

Former Minister of Information and Culture, Lai Mohammed, has...

Federal Workers Demand N300,000 Minimum Wage as Loan App Debt Rises

Federal workers are demanding an immediate increase in the...

Customs Remits N1.38trn to FG in Two Months as August Revenue Falls 24%

The Nigeria Customs Service (NCS) generated N1.38 trillion for...

SORA Wins N3m NCC Hackathon Prize With Disability-Focused Job Platform

SORA, an inclusive job-matching and skills development platform for...

CPPE Urges Lower Production Costs as Nigeria’s GDP Growth Hits 4.43%

The Centre for the Promotion of Private Enterprise (CPPE)...

Tinubu hails 4.43% Q2 GDP growth, says reforms working

President Bola Ahmed Tinubu has welcomed Nigeria’s 4.43 per...

media outreach

Travels & Aviation

Appointments & RECOGNITIONS

VIEWPOINTS

Nigeria’s N3,000 Certificates and Rise of a Nation of Fake Credentials

 Nigeria should be deeply ashamed. Not merely embarrassed. Not mildly concerned. Ashamed.A country that claims to be preparing millions...

ENERGY

MARKET