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MARKETS AND ECONOMY

Nigeria’s Deep Offshore Sector Set For $50bn Investment Push – Tinubu

 Nigeria’s deep offshore oil sector is set for a potential $50 billion investment push as the Federal Government seeks to attract fresh capital through new fiscal incentives, President Bola Tinubu has said.Tinubu, represented by Vice-President Kashim Shettima, disclosed this on Tuesday in Abuja at the fifth anniversary of the...

Naira Breaks N1,500 Per Euro Barrier For First Time Since 2024

 The naira has strengthened beyond the N1,500 per euro...

Nigeria’s Dollar Debt Still Costs Over 8% For Long-Term Borrowing

 Nigeria’s long-dated Eurobonds opened October with yields above 8...

Nigerians Earning Below N70,000 Bear The Brunt Of Inflation, CBN Survey Shows

 Nigerians earning below N70,000 a month are bearing the...

NGX Sheds N812bn as Four-Day Trading Week Ends 0.52% Lower

 Nigeria’s equities market shed about N812 billion in market...

NNPC Profit Rises 33% To N7.2tn In 2025 As Oil Production Hits 1.77mbpd

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

Airtel Africa Records 3.62bn Voting Rights As Share Capital Hits 3.63bn

 Airtel Africa Plc has disclosed 3.62 billion voting rights...

Tech World

FINANCE

FG Clears N758bn Pension Backlog Dating Back To 2007 — PenCom

 The Federal Government has cleared N758 billion in inherited pension liabilities dating back to 2007, benefiting 957,045 pension beneficiaries nationwide, the National Pension Commission (PenCom) has said.PenCom Director-General, Omolola Oloworaran, disclosed this at the 2026 PenCom Media Conference in Lagos, saying the liabilities were settled through an intervention bond.Oloworaran...

Bank Liquidity Jumps 37% To N8.84tn Ahead Of N4.69tn CBN OMO Debit

 Liquidity in Nigeria’s banking system rose 37.01 per cent...

NIBSS Fraud Desk Commends PalmPay’s Customer Protection Drive

 PalmPay’s upgraded Security Center has received recognition from the...

Banks, Fintechs Seek More Time As CBN Data Localisation Deadline Nears

 Nigeria’s CBN data localisation policy is entering a critical...

Pension Assets Hit N31.8tn After N289bn Monthly Increase

 Nigeria’s pension assets rose by N289.4 billion in August...

FG Cuts Interest On Late Tax Payment From 5% To 1% Above MPR

 The federal government has cut the interest spread on...

Pension Industry Targets N300bn Infrastructure Fund By 2027 — PenCom

 Nigeria’s pension industry is targeting N300 billion for an...

GENERAL NEWS

Tinubu Declares End of Economic Emergency in Independence Day Speech

 President Bola Ahmed Tinubu has declared that Nigeria’s period...

Nigeria Must Shift From Economic Stabilisation To Productivity — CPPE

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

Tinubu Returns To Nigeria Ahead Of Independence Day, 2027 Meetings

 President Bola Ahmed Tinubu has ended his working vacation...

GCIOBA, ipNX Provide Campus-Wide Fibre Internet At Government College Ibadan

 The Government College Ibadan Old Boys Association (GCIOBA) and...

Ogun, DP World Sign MoUs For $7bn Deep Sea Port, Industrial Zone

 The Ogun State Government and DP World, a global...

NECO Releases 2026 SSCE Results, Reports 64.7% Drop In Malpractice

 The National Examinations Council (NECO) has released the results...

FG Disburses N125bn Education Loans To 1.29m Students — Shettima

 The federal government has disbursed N125 billion in education...

media outreach

Travels & Aviation

Appointments & RECOGNITIONS

VIEWPOINTS

307th MPC Meeting: CBN Caught between Inflation and Economy Crying for Credit

 By BLAISE UDUNZEThe Central Bank of Nigeria (CBN) heads into its 307th Monetary Policy Committee meeting this week facing...

ENERGY

MARKET