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...
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...