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MARKETS AND ECONOMY

NSIA, Africa50 Launch $300m Fund to Expand Nigeria’s Renewable Energy Access

 Nigeria has launched a $300 million fund to accelerate the deployment of renewable energy solutions in underserved communities, as the country seeks to close electricity access gaps and improve power supply for businesses and households.The Nigeria Distributed Renewable Energy (DRE) Fund was launched by the Nigeria Sovereign Investment Authority...

Nigerian Equities Lose N210.89bn as Market Declines for Fourth Consecutive Week

 Nigeria’s equities market lost N210.89 billion in market capitalisation...

Ghana Signs MoU for $28bn Petroleum Hub Expansion, Plans 300,000-Bpd Refinery

 Ghana has signed a $28 billion agreement for the...

Nigeria Risked 1,000% Inflation Without Economic Reforms – Oyedele

 Nigeria could have experienced inflation of up to 1,000...

SEC Targets 200% Capital Market Growth to N750trn by 2036

 The Securities and Exchange Commission (SEC) has set a...

FG Signals Support for NNPC Listing as Company’s H1 2026 Profit Falls 35.4%

 The Federal Government has reaffirmed its support for listing...

Nigeria’s Portfolio Inflows Rise to $6.51bn in Q2 2026, Up 45% QoQ

 Nigeria’s portfolio investment inflows rose by 45 per cent...

Tech World

FINANCE

Nigeria’s Recapitalised Banks and Missing Link Between Profit and Prosperity

By Blaise UdunzeNigeria’s banking industry has spent years rebuilding capital, restructuring institutions and celebrating stronger financial performance. Amidst all these developments, one fundamental question remains unanswered. The concern is how much of this financial strength is translating into productive investment, affordable credit, business expansion and employment.The worry has grown...

FG Seeks To Offset Fuel Shock Through Tax And Transport Interventions

 The Federal Government is deploying tax relief, transport support...

FG Clears N758bn Pension Backlog Dating Back To 2007 — PenCom

 The Federal Government has cleared N758 billion in inherited...

Banks’ CBN SDF Placements Fall N942bn To N3.76tn

 Banks’ deposits with the Central Bank of Nigeria (CBN)...

PalmPay Strengthens Customer Support with New Tools for Safer Digital Banking

As Customer Service Week 2026 gets underway, digital banking...

Women-Owned Businesses Account For 36% Of Moniepoint’s MSME Lending

 Women-owned businesses accounted for 36 per cent of Moniepoint’s...

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...

GENERAL NEWS

Nigeria’s Foreign Education Outflows Hit $1.44bn in H1 2026, CBN Reports

 Nigeria’s foreign education outflows increased to $1.44 billion in...

Lagos Directs MTN, Airtel, Others to Audit Betting Firms’ Licences, Tax Status

 The Lagos State Lotteries and Gaming Authority has directed...

Nigeria’s Multidimensional Poverty Rate Rises to 38.7% as Poor Population Hits 90.1m – UNDP

 Nigeria’s multidimensional poverty rate rose to 38.7 per cent...

FG Seeks To Offset Fuel Shock Through Tax And Transport Interventions

 The Federal Government is deploying tax relief, transport support...

AI Revolution Set To Redraw Global Economic Power Map — Akano

 The artificial intelligence revolution could trigger one of the...

INEC Deploys AI, 57,000 BVAS Devices To Strengthen 2027 Elections

 The Independent National Electoral Commission (INEC) has deployed artificial...

Tinubu Attends MKO Documentary Premiere, Honours June 12 Heroes

 President Bola Ahmed Tinubu on Wednesday joined political leaders...

media outreach

Travels & Aviation

Appointments & RECOGNITIONS

VIEWPOINTS

Nigeria’s Recapitalised Banks and Missing Link Between Profit and Prosperity

By Blaise UdunzeNigeria’s banking industry has spent years rebuilding capital, restructuring institutions and celebrating stronger financial performance. Amidst all...

ENERGY

MARKET