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...
The Federation Account Allocation Committee Committee (FAAC) has shared a total sum of N1.818 trillion, being June revenue to the Federal Government, states and the Local...
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...
National Bureau of Statistics (NBS) on Wednesday reported that Nigeria’s headline inflation rate again declined to 22.22% in June 2025, down from 22.97% recorded in May...
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...
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...
The Nigerian Exchange (NGX) sustained its bullish momentum last week, briefly breaking the 121,000-point threshold for the first time in history. Renewed investor confidence drove broad-based...
President Bola Tinubu on Thursday signed into law the four new tax bills recently passed by the National Assembly, describing the new laws as pivotal to...
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....
Commercial banks in Nigeria have cleared 95% of the N180 billion owed to telecom operators for USSD services, according to the Association of Licensed Telecommunications Operators...
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....
In a decisive move set to transform Nigeria’s downstream petroleum sector, Dangote Petroleum Refinery has announced it will commence the nationwide distribution of Premium Motor Spirit...
The National Bureau of Statistics (NBS) on Monday, announced that Nigeria’s headline inflation rate has dropped to 22.97%. NBS said the May 2025 headline inflation rate...
Crude Oil, Agricultural Exports Fuel External Sector Growth Nigeria posted a robust merchandise trade surplus of N5.17 trillion in Q1 2025, driven by strong export performance...
The World Bank may withhold approval of a $10.4 million loan request from the Federal Government of Nigeria, citing substandard audit reports that failed to meet...
Meta Platforms is in advanced discussions to invest more than $10 billion in Scale AI, marking its most ambitious external move yet in the intensifying race...
The rewarding trading experience had by investors at the stock market last week may have set the path for sustained uptrend as activities resume on the...
The President of Dangote Group, Aliko Dangote, has revealed that Nigerians are currently paying just 55% of what their West African neighbours spend on petrol, thanks...
United Bank for Africa (UBA) has been named the strongest brand in Nigeria, according to the latest 2025 Brand Value Report released by Brand Finance. The...