The Monetary Policy Committee (PMC) of the Central Bank of Nigeria (CBN) has reduced the the country’s monetary policy rate (MPR) from 27.5% to 27%. CBN...
Nigeria’s headline inflation eased to 20.12% in August 2025, down from 21.88% in July, according to the latest data from the National Bureau of Statistics (NBS)....
Fundraising activity among African start-ups slowed in August, making it the second-quietest month of 2025 after March, according TheBigDeal, a platform tracking reported startup investments in...
Zoho, a global technology company, has released a new research, which revealed that Nigerian businesses are setting a global standard in balancing artificial intelligence (AI) adoption...
Business Metrics Limited has announced the launch of the Rural Connectivity Summit (RuralConnect Summit), a pioneering seven-year initiative designed to tackle Nigeria’s persistent digital divide and...
The Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso has is expecting monthly inflows from Nigerians abroad to reach $1 billion by 2026. Cardoso...
President Bola Ahmed Tinubu has pledged to fast-track Nigeria’s development through technology and food security, aligning with the success models of emerging economies like Brazil. Speaking...
Integrated Project Targets 7.4 Million People in Northern Nigeria The World Bank has approved $300 million in financing for the Solutions for the Internally Displaced and...
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...
Market capitalisation hits fresh all-time high with N863 billion surge driven by strong earnings and dividend optimism
On banking reforms, he confirmed that eight banks have met the new recapitalisation requirements, with others progressing toward the target.
The National Bureau of Statistics (NBS) has revealed that Nigeria’s Gross Domestic Product (GDP) reached N372.8 trillion in 2024 following a comprehensive rebasing exercise. The statistical...
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...