Diaspora Remittances have emerged as a key pillar of Nigeria’s foreign exchange strategy, with the Central Bank of Nigeria (CBN) targeting monthly inflows of $1 billion...
Global air travel reached a new milestone in 2025, with airlines carrying a record 4.9 billion passengers, as international demand, premium travel and airline capacity continued...
The Central Bank of Nigeria (CBN) has launched a new tracking system for bureau de change operators, called the BDC FX Tracker. Alongside it, the CBN...
As Early-Stage Investment Hits Five-Year Low African start-ups raised $1.36 billion in disclosed funding during the first half of 2026, maintaining a relatively stable performance despite...
The Nigerian stock market staged a sharp rebound last week, handing investors a gain of N9.342 trillion just seven days after a selloff had wiped over...
Members of the Central Bank of Nigeria’s Monetary Policy Committee (MPC) and private sector experts have raised fresh concerns that political spending ahead of the 2027...
The International Telecommunication Union’s Partner2Connect Digital Coalition has secured more than $100 billion in commitments to expand internet access worldwide. Despite this, the agency also warned...
Nigeria’s stock market extended its bullish run on Wednesday, with investors adding N3.45 trillion in value as buying interest in large-cap stocks pushed the benchmark index...
Nigeria’s economy is projected to grow 4.1 per cent in 2026 and 4.3 per cent in 2027, the International Monetary Fund (IMF) said, crediting improved macroeconomic...
UTM Offshore has secured a 15-year gas supply agreement for its planned $3 billion Floating Liquefied Natural Gas (FLNG) project, marking a major milestone towards reaching...
The Nigerian stock market extended its bullish run on Tuesday, adding N1.86 trillion in market value as renewed investor appetite for heavyweight stocks, led by MTN...
The Nigerian National Petroleum Company Limited (NNPC) has disclosed that it saved $3.4 billion through contract restructuring and optimisation initiatives between April 2025 and July 2026,...
Afreximbank $2bn cotton industry commitment to Nigeria is now confirmed, alongside a fresh disclosure that the lender’s total Nigeria investment has hit between $15 billion and...
Emerald HoldCo B.V. has launched a mandatory takeover offer valued at N6.94 billion to acquire up to 11,741,509 ordinary shares of Beta Glass Plc from minority...
The Federal Government has directed the Nigerian Communications Commission (NCC), the National Information Technology Development Agency (NITDA), and the Nigeria Data Protection Commission (NDPC) to suspend...
The Nigerian Exchange (NGX) sustained its bearish run last week as persistent profit-taking erased about N1.8 trillion from investors’ portfolios, even as trading activity strengthened significantly....
Nigeria’s pension industry has entered a new phase of regulatory oversight, with the National Pension Commission (PenCom) introducing a mandatory annual “I Am Alive” verification exercise...
Nigeria’s trade relationship with the United States expanded significantly in 2025, with total bilateral trade approaching $15 billion, representing a 14 per cent increase over the...
By Àkànní Olúwaségún Michael The Central Bank of Nigeria (CBN) has drawn a clear line on how long it can suspend certain contractual rights when intervening...
Nigeria recorded more than 27,685 fibre cut incidents, over 27,000 cases of access denial and 4,210 cases of telecommunications infrastructure theft in 2025 alone, exposing the...