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...
The Debt Management Office (DMO) has announced a resounding success in its recent Series VII Sovereign Sukuk issuance, which drew an overwhelming subscription of N2.2 trillion...
The Nigerian Exchange (NGX) soared to a historic milestone on Tuesday, as its market capitalisation crossed the N70 trillion mark for the first time. Investors recorded...
To address the shortage, 66% of African companies are introducing AI-focused career development initiatives aimed at upskilling or reskilling employees. Reskilling is the top priority for...
Nigeria’s Minister of Communications and Digital Economy, Dr Bosun Tijani, said on that Thursday that telecom operators in Nigeria were warming up to take delivery of...
After enjoying four consecutive weeks of gains, the Nigerian equities market slipped into negative territory last week, as investors reassessed their portfolios in response to the...
The Securities and Exchange Commission (SEC) has listed companies on the Nigerian Exchange Ltd. (NGX) declared N1.1 trillion in dividends to shareholders in 2024. The Director-General...
The Central Bank of Nigeria (CBN) has voted to retain the Monetary Policy Rate (MPR) at 27.50%, following the conclusion of its landmark 300th Monetary Policy...
As Nigeria pushes toward 70% broadband penetration by year-end under its National Broadband Plan (NBP 2020–2025), a growing number of Fiber-to-the-Home (FTTH) providers say they are...
The Nigerian Senate has expressed deep concern over the deteriorating financial condition of the country’s power sector, revealing that the federal government currently owes N200 billion...
The Chinese Ambassador to Nigeria has harped on the imperative of enhanced collaboration between China and Nigeria in unlocking the potential of Nigeria’s Solid Minerals sector...
Business Metrics notes that this projection is a continuation of narrowing fiscal deficit recorded in 2024. Nigeria's fiscal operations resulted in a fiscal deficit of N3.1...