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MARKETS AND ECONOMY

World Bank Report Confirms Nigeria’s Economic Reforms Are Working – Tinubu

 President Bola Tinubu has said the World Bank’s latest Nigeria Development Update confirms that his administration’s economic reforms are delivering results, citing stronger economic growth, increased government revenue and improved external reserves.The President’s position follows the World Bank’s October 2026 report, which examined the impact of increased federation revenue...

Samsung Projects Record $80.2bn Q3 Operating Profit On AI Chip Demand

 Samsung Electronics has projected a record quarterly operating profit...

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

 Nigeria’s deep offshore oil sector is set for a...

Dangote Refinery Sets New Export Record as Crude Intake Climbs to 665,000bpd

 Dangote Refinery set a new export record in September,...

Nigeria’s FX Turnover Slumps 35% to $1.70bn, Loses $930m

Nigeria’s foreign exchange market recorded a sharp decline in...

DisCos Lose Grip On N343bn Electricity Revenue In Q2

 Nigeria’s 11 electricity distribution companies recorded a combined N342.93bn...

Nigeria Leads Africa’s Nearly 1,000bps September Rate-Cut Wave

 Nigeria led a broad monetary easing cycle across Africa...

Tech World

FINANCE

FG Seeks To Offset Fuel Shock Through Tax And Transport Interventions

 The Federal Government is deploying tax relief, transport support and targeted fuel-price measures to cushion households and businesses from rising petrol costs, while rejecting calls to restore the fuel subsidy regime.Finance Minister and Coordinating Minister of the Economy, Taiwo Oyedele, said the government would prioritise public transporters under its...

CBN’s Data Localisation Directive Will Put Digital Payment Infrastructure to the Test – Hakeem Adeniji-Adele

 Nigeria’s plan to require payment companies to host transaction...

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...

GENERAL NEWS

Tinubu Targets 23m Unconnected Nigerians in Digital Jobs Push

 President Bola Ahmed Tinubu has placed digital connectivity for...

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...

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