The Nigerian money market endured considerable liquidity pressure last week despite substantial inflows from maturing Treasury bills and Open Market Operations (OMO) instruments totalling N258 billion...
Nigeria’s central bank has raised approximately N2.3 trillion after institutional investors piled into its open market operations (OMO) and Nigerian Treasury bills. OMO and treasury bills...
The Nigerian telecommunications industry has suffered over 35,000 fibre cuts and 3,168 theft-related incidents so far in 2025, severely threatening service quality and the integrity of...
Nigeria is taking bold steps to tighten regulatory coordination in its booming digital communications sector, as the Federal Government and Nigerian Communications Commission (NCC) jointly called...
Market capitalisation hits fresh all-time high with N863 billion surge driven by strong earnings and dividend optimism
International Breweries Plc (INTBREW) has delivered a stunning financial turnaround in its second quarter results, posting earnings per share of N0.07 compared to a loss of...
Nigeria's women's national team claims $1 million prize money after thrilling 3-2 final triumph in Rabat
Key Highlights Transcorp Hotels recorded an impressive Y-o-Y revenue growth of 60% from N29.72 billion in H1 2024, to N47.57 billion in H1 2025. Transcorp Hotels...
According to the recently published PMI report from S&P Global, the United States (US) composite PMI stayed above the 50.0 points threshold for the 29th consecutive...
Okomu Oil reported a net finance cost of N515.52 million during the quarter, compared to a net finance income of N570.65 million in Q2 2024.
Nigeria’s Senate has approved President Bola Tinubu’s borrowing plan totaling over $21 billion for the 2025–2026 fiscal period, clearing the path for the full implementation of...
On banking reforms, he confirmed that eight banks have met the new recapitalisation requirements, with others progressing toward the target.
Similarly, Nigeria Stock Index that tracks price movements at the NGX surged by 5,436.1 points or 4.31% to close the week at 131,585.66 basis point, marking...
The downturn poses a significant risk to Nigeria’s fiscal outlook, as the N54.99 trillion 2025 national budget is premised on an oil price benchmark of $75...
As foreign direct investment (FDI) and development assistance to Africa continue to decline, stakeholders across the continent are intensifying efforts to mobilise local financial resources as...
Dr Karl Toriola, Chief Executive Officer of MTN Nigeria; Dr Myma Belo-Osagie, Chair of the Climate Governance Initiative (CGI) Nigeria; and other prominent Nigerian business leaders...
Nigeria’s equity market posted a solid performance last week, with the Nigerian Exchange Limited (NGX) All-Share Index climbing 0.83% to close at 120,989.66 points, whilst market...
Nigeria’s economic activity continued to expand in June 2025, buoyed by robust performance in agriculture and services, although private sector growth showed signs of fatigue, according...
The Nigerian Exchange Group (NGX Group) has signed a strategic funding agreement with DEG Impulse gGmbH, a subsidiary of Germany’s Development Finance Institution, DEG – Deutsche...
The Nigerian Communications Commission (NCC) has granted approval for a groundbreaking three-year national roaming agreement between MTN Nigeria Communications Plc and Emerging Markets Telecommunications Services Limited...