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Inflation Falls to 15.43%, but Food Prices are Moving the Other Way

Nigeria’s headline inflation rate slowed to 15.43 per cent in July from 15.91 per cent in June, but the latest...

MARKETS AND ECONOMY1 week ago

Lagos Tops States With N365.8bn FAAC Allocation In First Half Of 2026

MARKETS AND ECONOMY1 week ago

Tax Revenue Hits N27.1tn as Nigeria’s Collections Surge 113% in Three Years

Energy1 week ago

NNPC Defends Ojulari, Says Crude Output Rose 6% Amid Licensing Round Criticism

CBN Sanctions Nine Banks N1.35Bn for Hoarding Cash

MARKETS AND ECONOMY2 weeks ago

CBN Credit Conditions Survey Points to Turnaround in Nigeria’s Credit Cycle

Markets

Capital Market24 hours ago

Dangote Refinery Gets $1bn Underwriting Support Ahead of Market Listing

The Dangote Petroleum Refinery & Petrochemicals has secured $1bn in underwriting support ahead of its planned Initial Public Offering (IPO),...

Company Reports24 hours ago

May & Baker Warns Against Fake ‘M&B Equity Stake’ Investment Scheme

BoI shopping for $6bn to meet foreign investment target

Capital Market2 days ago

BOI N250bn Bond Oversubscribed In Five Days

SEC cross-border controls on Iran and North Korea transactions

Capital Market4 days ago

SEC Tightens Cross-Border Controls, Restricts Capital Market Dealings With Iran, North Korea

Capital Market4 days ago

IHS Towers’ Nigeria Q2 Revenue Rises 14.5%, But Organic Growth Falls 1.1%

Capital Market5 days ago

Legend Internet Posts N99.34m H1 Loss as Revenue Drops 18.8%, Operating Cash Flow Turns Negative

More Markets

Tech World

TECH WORLD23 hours ago

Meta Partners FG to Expand AI Training in Nigeria

Minister Advocates Collaborations as 20m Nigerians Lack Digital Access

TECH WORLD24 hours ago

FG Targets $750m Private Investment with New Cloud Policy

TECH WORLD1 day ago

Nigeria, Burkina Faso Plan Fibre Links to Cut Internet Costs by 50%

Capital Market4 days ago

IHS Towers’ Nigeria Q2 Revenue Rises 14.5%, But Organic Growth Falls 1.1%

TECH WORLD6 days ago

Anambra Reinvents Governance with Digital Transformation 2.0

ICT6 days ago

Anambra ICT Agency Unveils SmartGov Platform for Citizens’ Engagement

Crypto Market

MARKETS AND ECONOMY

FG cost of capital reform announced by Taiwo Oyedele to support Nigeria's $1 trillion economy ambition.

MARKETS AND ECONOMY19 minutes ago

FG’s Wage Spending Outpaces its N5.4tn Subsidy Savings — Oyedele

The Federal Government spent N9.39tn on wage adjustments, minimum wage increases and other allowances for public workers between June 2023...

Commodities News & Agribusiness2 days ago

BOA Deploys N250bn Facility to Boost Smallholder Farmers’ Access to Finance

Appointments2 days ago

Geregu Power Appoints Mohammed Jaoji Acting CEO

Capital Market4 days ago

SEC Tightens Cross-Border Controls, Restricts Capital Market Dealings With Iran, North Korea

Capital Market5 days ago

Legend Internet Posts N99.34m H1 Loss as Revenue Drops 18.8%, Operating Cash Flow Turns Negative

Dangote Sugar N499bn rights issue attracts 102.6 per cent subscription

Capital Market5 days ago

Dangote Sugar’s N499bn Rights Issue Attracts 102.6% Subscription

Energy6 days ago

$50bn Deepwater Investment to Boost Nigeria’s Oil Production — Ojulari

Capital Market6 days ago

Seplat Energy Sets N1,360.58/$ Rate for Q2 Special Dividend Payments

Capital Market6 days ago

Briclinks Africa’s Profit Jumps 22%, but N7.2bn Debt Towers over N127m Equity

More MARKETS AND ECONOMY

Commodities News & Agribusiness

Ellah Lakes debt swap cuts liabilities by 94 per cent after N7.08 billion debt-to-equity conversion.

Capital Market2 weeks ago

Ellah Lakes Cuts 94% of Liabilities in N7.08bn Debt Swap

Commodities News & Agribusiness1 year ago

First HoldCo Plc Shares Bought by RC Investment, not Femi Otedola nor FG

Oil Prices Slide over 2% on Iran Deal, OPEC+ Output, Economic Concerns

Energy1 year ago

Oil Prices Slide over 2% on Iran Deal, OPEC+ Output, Economic Concerns

MARKETS AND ECONOMY1 year ago

Oil Prices, Naira, FX Reserves Knotted in Negative Sentiments

Finance

oung digital banking customers with PalmPay team at UNILAG

Banking6 days ago

Security is Becoming a Bigger Priority for Young Banking Customers

Appointments6 days ago

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

Pension6 days ago

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

UBA auto financing scheme with Mikano Motors for new vehicle purchases

Banking1 week ago

UBA, Mikano Cut Upfront Cost Of New Vehicles With 70% Financing Scheme

Finance2 weeks ago

BOI Turns to N250bn Bond Market to Ease Manufacturers’ Long-term Funding Squeeze

General2 weeks ago

NAICOM Declares ECOWAS Brown Card Automatic for All Motor Insurance Policies

Viewpoints

Analyst Insight2 weeks ago

IATA: Why Airlines Need a New Approach to Payment

By Nick Careen, IATA Senior Vice President, Operations, Safety & Security A passenger selects a flight. The schedule works, the...

Higher Revenue Collection Lifts FAAC Distribution to N2.6trn in June 2026

Analyst Insight1 month ago

Higher Revenue Collection Lifts FAAC Distribution to N2.6trn in June 2026

How the Landlords’ Economy is Pricing Nigerians Out of Home

General1 month ago

How the Landlords’ Economy is Pricing Nigerians Out of Home

General1 month ago

Blood Beneath the Soil in Nigeria’s Hidden War for Mineral Wealth

Analyst Insight1 month ago

What the IMF’s $89-a-Barrel Forecast Means for Nigeria

Energy3 months ago

ENERGY EXTRA: The Hidden Logistics Challenge Behind Giant Wind Blades

Investors Rush for CBN Bills as N3.4trn Chases N600bn OMO Offer

Editorials3 months ago

The MPC Made the Right Call

Opinion3 months ago

Nigeria’s Economy May Not Survive on Statistical Manipulation

Opinion3 months ago

Trapped Between Nigeria’s Failure and South Africa’s Xenophobic Violence

More Viewpoints

General News

Education1 week ago

NDPC Probes UNILAG, Lotus Bank Over Alleged Use Of Students’ Data

The Nigeria Data Protection Commission (NDPC) has commenced a forensic investigation into the University of Lagos (UNILAG), Lotus Bank and...

Appointments2 weeks ago

Beta Glass Appoints Boye Olusanya as Board Chairman

Energy2 weeks ago

Nigeria’s Metering Rate Rises to 59.7% as DisCos Slow Meter Rollout

The federal government directs MDAs to obtain budgetary backing before awarding contracts under new 2026 capital budget guidelines aimed at improving fiscal discipline.

General2 weeks ago

FG Bars MDAs from Awarding Contracts without Budgetary Backing

ODU'A Investment Company Limited Inaugurates Dr Tola Kasali as New Group Chairman

Appointments2 weeks ago

ODU’A Investment Company Limited Inaugurates Tola Kasali as New Group Chairman

General2 weeks ago

CPPE Pushes Development Finance Overhaul to Close Nigeria’s N50trn Real Sector Funding Gap

New JAMB Registrar Segun Aina pledges to protect the integrity of JAMB.

Education3 weeks ago

“We Shall Protect the Integrity of JAMB,” Says Segun Aina

Education3 weeks ago

Nigeria Education Transformation Begins With Data, Federal-State Partnership – Alausa

MARKETS AND ECONOMY3 weeks ago

CPPE Downplays Impact of New US Tariffs on Nigeria, Says Over 80% of Exports Exempt

More General News

Travels & Aviation

Caverton debt rises to N77.07bn in H1 2026

Aviation1 week ago

Caverton’s N8.4bn Finance Cost Threatens to Stall Recovery

Caverton Offshore Support Group Plc’s recovery is beginning to show in its operating numbers, but the company’s balance sheet remains...

Aviation3 weeks ago

Africa Quietly Becoming World’s Fastest-growing Aviation Market

Aviation Sector Lost $3.5Bn Revenue to Poor Infrastructure in 3 Years

Aviation3 weeks ago

NAHCO Grows H1 Profit Despite 25% Rise in Operating Costs

Aviation4 weeks ago

FAAN Unveils New By-Laws to Strengthen Airport Operations After 21 Years

IATA: Global Air Travel Hits Record High as Airlines Carry 4.9 Billion Passengers in 2025

Aviation1 month ago

IATA: Global Air Travel Hits Record High 4.9 Billion Passengers in 2025

Aviation1 month ago

Court Upholds FCCPC’s Authority to Probe Airline Fare Complaints, Dismisses Air Peace Suit

Aviation1 month ago

July 2026: Top 10 Busiest Airports in the World

Aviation1 month ago

Turkish Airlines Drops Out as Air Peace Forces Its Way into Africa’s Top 10 Carriers

Aviation1 month ago

Nigeria’s Aviation Capacity Surges 44.5% in a Single Year, Beats Rival Markets – Report

More Travels & Aviation

Energy

Energy6 days ago

$50bn Deepwater Investment to Boost Nigeria’s Oil Production — Ojulari

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has described the Federal Government’s signing of the Deep Offshore Oil and...

New Outlook Pegs Oil Prices at $140 Per Barrel

Energy6 days ago

Nigeria’s Oil Output Falls 4% to 1.67mbpd Despite Meeting OPEC Quota

NMDPRA Links Regional Fuel Benchmark To Infrastructure, Market Liquidity

Energy1 week ago

NMDPRA Links Regional Fuel Benchmark To Infrastructure, Market Liquidity

Energy1 week ago

Dangote Refinery Accepted 78% Of Crude Offered Under Q2 Domestic Supply Scheme

Energy1 week ago

NERC Dissolves Kaduna Electric Board over N456.5bn Market Debt

Nigeria plans to attract up to $50bn in offshore oil investment by 2030 through 22 major projects as NUPRC bets on reforms to boost production and jobs.

Energy2 weeks ago

Nigeria Targets up to $50bn Offshore Oil Investment by 2030

Company Reports2 weeks ago

NNPC Posts N535bn June Profit Despite Production Disruptions

Energy3 weeks ago

Aradel Cuts Net Debt by 70%, Builds N1.72 Trillion Cash Reserve in H1 2026

Business4 weeks ago

Dangote Refinery Raises $2.5bn in Africa’s Largest Equity Placement

More Energy

Showbiz

Showbiz6 months ago

From Dinner to Spontaneous Trips, PalmPay Couples Show How Love Is Funded Digitally

It’s the month of love and social media has been filled with couples showing affection with gifts. As digital payments...

Showbiz6 months ago

Here are Artists and Songs that Defined Five Years of Spotify in Nigeria

Dutch Authorities Fine Netflix €4.75M for Data Breach

TECH WORLD2 years ago

Dutch Authorities Fine Netflix €4.75M for Data Breach

Showbiz2 years ago

Femi Adebayo’s Seven Doors Premiere Set To Dazzle At Imax Lekki On December 11th

News2 years ago

Netflix Inflates Subscription Price by 40%

Showbiz2 years ago

TECNO Takes Centre Stage at ‘Water and Garri’ Movie Premier

Showbiz2 years ago

Nigerian Artists Reap N25BN in Spotify Streaming Royalties in 2023

Extras2 years ago

FASHION TALKS: How TJO is Redefining Fashion Without Borders

EU Slams Apples $1.95 Billion Antitrust Fine

TECH WORLD2 years ago

EU Slams Apple with $1.95 Billion Antitrust Fine

More Showbiz

Appointments & RECOGNITIONS

Appointments2 weeks ago

ODU’A Investment Company Limited Inaugurates Tola Kasali as New Group Chairman

Odu’a Investment Company Limited has inaugurated Dr Tajudeen Tola Kasali as its new Group Chairman, completing a leadership transition the...

PalmPay Appoints Former NIBSS Executive Samuel Oluyemi as COO

Appointments1 month ago

PalmPay Appoints Former NIBSS Executive Samuel Oluyemi as COO

Appointments1 month ago

UAC of Nigeria Appoints Badejo to UPDC Board

Appointments1 month ago

Sterling Appoints Ex-NSIA Executive Makoju, Former Microsoft Nigeria CTO Oni to Boards

Appointments1 month ago

Tony Elumelu to Retire as UBA Chairman, Emmanuel Nnorom Named Successor

Appointments2 months ago

Access Holdings Appoints Sa’adu Jijji to Lead Access ARM Pensions, Adigun to Head Oxygen X

Appointments4 months ago

UBA’s Chioma Mang, Michelle Nwoga Shine At 2026 Guardian Women Festival

Appointments7 months ago

AVEVA Appoints Khaled Salah as Vice President of Africa

Appointments8 months ago

ipNX Shines at ATCON Inaugural Telecoms Excellence Awards

More Appointments & RECOGNITIONS

Sports

Sports7 months ago

CALL TO ACTION: SUPPORT TEAM NIGERIA AT THE DAVIS CUP!

Team MTN Secures First Senior Medal at 2025 Nigerian Athletics Championships

Sports12 months ago

Team MTN Secures First Senior Medal at 2025 Nigerian Athletics Championships

Man Utd Sings Sesko from RB Leipzig in £74m Deal

Sports1 year ago

Man Utd Completes Signing Benjamin Sesko in £74m Deal

Sports1 year ago

UPDATED: Super Falcons Secure Historic 10th WAFCON Trophy, Win $1m Prize

Sports2 years ago

Nigerian-born Bodybuilder Samson Dauda Wins 2024 Mr Olympia, Takes Home $600k Prize

PalmPay Champions Responsible Gaming to Curb Fraud Among Sports Pundits in Nigeria

Sports2 years ago

PalmPay Champions Responsible Gaming to Curb Fraud Among Sports Pundits in Nigeria

More News

Business6 minutes ago
FCCPC Orders Withdrawal of Poorly Labelled Consumer Goods
The Federal Competition and Consumer Protection Commission (FCCPC) has ordered businesses to withdraw consumer goods with incomplete, misleading or deceptive labels, citing growing circulation of non-compliant...
Business9 minutes ago
FCCPC Probes Possible Cement Price Manipulation as Prices Hit N15,000
The Federal Competition and Consumer Protection Commission (FCCPC) has launched an investigation into possible price manipulation in Nigeria’s cement market, after a three-month study found that...

Capital Market4 days ago
SEC Tightens Cross-Border Controls, Restricts Capital Market Dealings With Iran, North Korea
The Securities and Exchange Commission has directed capital market operators to restrict dealings with financial institutions in North Korea and Iran over money laundering and terrorism...
Capital Market5 days ago
Legend Internet Posts N99.34m H1 Loss as Revenue Drops 18.8%, Operating Cash Flow Turns Negative
Legend Internet Plc recorded a N99.34 million loss in the six months ended January 2026, reversing a N239.85 million profit recorded in the corresponding period of...
Capital Market5 days ago
Dangote Sugar’s N499bn Rights Issue Attracts 102.6% Subscription
Dangote Sugar Refinery Plc’s N485.88 billion rights issue attracted N498.57 billion in valid applications, representing a 102.6 per cent subscription, according to the company’s August 13...
Capital Market6 days ago
Seplat Energy Sets N1,360.58/$ Rate for Q2 Special Dividend Payments
Seplat Energy Plc has set N1,360.58/$ as the exchange rate for determining the naira equivalent of its second-quarter 2026 interim and special dividends payable to shareholders...
Capital Market6 days ago
Briclinks Africa’s Profit Jumps 22%, but N7.2bn Debt Towers over N127m Equity
Briclinks Africa Plc’s profit before tax rose 22.2 per cent to N17.52m in the second quarter of 2026, from N14.34m in the preceding quarter, according to...