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MARKETS AND ECONOMY

Foreign Portfolio Investments In Nigeria Hit $6.03bn In Q1

 Foreign portfolio investments in Nigeria rose by 14.4 per cent to $6.03 billion in the first quarter of 2026, according to the Central Bank of Nigeria.The figure is an increase of about $760 million from the $5.27 billion recorded in the preceding quarter.The CBN disclosed this in its Q1...

Nigeria Returns To J.P. Morgan Bond Index With 7.4% Weight

 Nigeria has been assigned a 7.4 per cent weighting...

NNPC Targets 12 Bcf/d Gas Production By 2030

 The Nigerian National Petroleum Company Limited (NNPC Ltd.) is...

TotalEnergies Nigeria Forecasts N1.2bn Q4 Profit After 2025 Loss

TotalEnergies Marketing Nigeria Plc has forecast a N1.20 billion...

Dangote Refinery Opens N2.15tn Share Sales

 Dangote Petroleum Refinery and Petrochemicals FZE on Monday opened...

“N5m Share Investment Could Become N50m” — Dangote

 Aliko Dangote, President of Dangote Industries Limited, has said...

FG Risks N20tn Annual Burden If Petrol Subsidy Returns — CPPE

The Federal Government could face an annual petrol subsidy...

Tech World

FINANCE

Insurance Recapitalisation: NAICOM Rejects N100bn Fraud Allegation, Denies Officials’ Detention

 The National Insurance Commission (NAICOM) has rejected allegations of N100 billion fraud linked to Nigeria’s recently concluded insurance recapitalisation exercise, describing the claims as false, misleading and unsubstantiated.The commission also denied reports that its Commissioner for Insurance and a director were detained by the Economic and Financial Crimes Commission...

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

Following the  recapitalisation of Nigeria’s insurance industry, the National...

FairMoney Surpasses 30 Million Registered Users in Nigeria

This milestone represents more than growth. It reflects the growing number of Nigerians choosing FairMoney for their everyday financial needs.

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

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

PalmPay Launches ‘PalmPay Dey For You’ Campaign With New Account Security Tools

PalmPay has launched a new customer-focused campaign, ‘PalmPay Dey...

OPay Denies Shutdown Rumour as Revenue Jumps 161% to $536.3m in 2025

OPay has dismissed a viral social media claim that...

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

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

GENERAL NEWS

Tinubu Tasks Accountants to Track Results, not Just Government Spending

 President Bola Tinubu has challenged Nigeria’s accounting profession to...

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

 Nigeria should be deeply ashamed. Not merely embarrassed. Not...

HBA, QualCare Africa Launch POCUS Training For Healthcare Professionals

The Health Business Academy for Africa (HBA), in partnership...

FG to Give Shipowners Up to $25m Each After Two-Decade CVFF Delay

The Federal Government is set to provide qualified Nigerian...

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

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

FTSE Russell Lists Dangote Cement, MTN, Zenith, 28 Others in Frontier Index

FTSE Russell has listed 31 Nigerian companies in its...

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

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

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