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...
MTN Nigeria has received high praise from key figures in both the Federal Government and Lagos State for its bold investment in Nigeria’s digital future through...
Millions of telecom subscribers in Nigeria are facing temporary disruptions to SIM-related services following a nationwide migration to a new identity verification platform mandated by the...
Nigerian Exchange Limited (NGX), the leading exchange driving Africa’s largest economy, has released the results of its comprehensive full-year index review, with notable changes to the...
Fertiliser listing signals a new wave; NGX pushes for refinery debut as investors gear up for dollar-denominated windfall
Central banks across major economies adopted a measured approach last week, with divergent paths emerging as policymakers balance growth concerns against persistent inflation and geopolitical uncertainties....
The global aviation industry is grappling with a severe aircraft shortage of up to 5,352 planes, according to new analysis from the International Air Transport Association...
Airlines across the globe are grappling with an increasingly common operational challenge that threatens both their financial stability and reputation: passengers arriving at check-in with visas...
The Federation Account Allocation Committee (FAAC) disbursed a total of N1.659 trillion in revenue to the federal government, states, and local government councils for May 2025....