Live intelligence from 10+ verified Nigerian and UK sources
Adeola Oyedele When FTSE Russell announced that it would place Nigeria’s planned reclassification to Frontier Market status under further review following the Securities and Exchange Commission’s (SEC) adoption of a
…as banks facilitate the creation of 1.8million jobs The Bank of Industry (BOI) significantly scaled up its interventionist role in read more BOI scales development financing with N644bn disbursement to local firms
The Nigerian government is working to create a coordinated financing ecosystem to boost development finance and attract private investment. This initiative aims to support the country's goal of achieving a $1 trillion economy.
Katsina State is implementing business-friendly reforms to attract both foreign and local investors. These changes aim to stimulate economic growth and promote sustainable private-sector investment.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says preliminary assessments indicate that the first aquifer in Rivers State’s Bille community has been contaminated following nearly a year of toxic gas seepage. The post FG to address gas contamination in Niger Del...
Dangote Petroleum Refinery has raised $750 million through an international bond offering carrying a 7.5 percent fixed coupon, marking another read more Dangote Refinery raises $750m in international bond market at 7.5%
…Market Records N7 Bn Weekly from Trade Jigawa State’s ambition to become Nigeria’s leading livestock investment destination received a major read more FG seeks partnership with Jigawa to transform Maigatari livestock market into regional processing hub
Nigeria's corporate tax system is being significantly revamped, enhancing compliance practices for businesses. The Nigeria Revenue Service is leading this transformation, which is expected to positively impact corporate operations.
The ongoing US-Iran conflict is impacting the global LNG market, with Shell projecting a 65% increase in demand by 2050. This situation highlights the volatility in energy markets due to geopolitical tensions.
Nigeria's presidency is promoting the country as a prime investment hub within the African Continental Free Trade Area. This initiative aims to attract more foreign investments and enhance economic growth.
…As Police arrest two suspects over illegal firearms trafficking A joint security patrol team has foiled an attempted security breach read more Joint security team kills gunman at NIPSS, recovers AK-47 in Plateau
The military said the operations, conducted between June 26 and July 1, were part of ongoing efforts to dismantle terrorist enclaves. The post Troops Neutralise Terrorists, Foil Gunrunning, Recover Weapons In Plateau appeared first on Channels Television.
Rwanda, Mauritius, Morocco, Nigeria, Botswana and Ghana have strengthened regulatory quality and public financial management. Digital governance reforms, such as e-procurement, digital IDs and automated tax systems, are reducing leakages. Tax-to-GDP ratios are rising. Domestic re...
The Kano State Investment Promotion Agency (KANINVEST) and the Nigerian Commodity Exchange (NCX) have agreed to strengthen their partnership to read more Kano, NCX forge partnership to boost agribusiness, commodity markets
Governor Umar Namadi of Jigawa State has launched a N902 billion investment initiative to attract investors. This move signals the state's commitment to fostering a business-friendly environment.
The Independent Media and Policy Initiative (IMPI) asserts that President Bola Tinubu's economic model is more effective than those of past administrations. This claim highlights a positive shift in Nigeria's economic strategy under Tinubu's leadership.
According to data from the Central Bank of Nigeria (CBN), the indicative exchange rate for the market fell to ₦1,369 per dollar from ₦1,376 per dollar on Tuesday. The post Naira Appreciates To ₦1,369 appeared first on Channels Television.
Brent futures lost 77 cents or 1.1 per cent to $70.80 a barrel by 0256 GMT, while U.S. West Texas Intermediate crude fell 84 cents or 1.2 per cent to $67.74 a barrel. The post Oil Falls For Three Straight Days appeared first on Channels Television.
Nigeria, Africa’s biggest oil producer, has been admitted as an associate member of the International Energy Agency (IEA) after its read more Nigeria’s IEA membership was “the fastest ever” accession process — IEA chief
Nigeria's stock market has seen a remarkable 52% increase this year, ranking it as the fourth-best globally. However, these market-friendly reforms are creating political challenges for President Tinubu.
The Nigerian naira showed stability against the US dollar on July 2, 2026, with a narrow gap between the official and parallel markets. This indicates a balanced exchange rate environment in the country.
Nigeria’s efforts to bring global digital service providers into its tax net have begun yielding significant dividends, with the country read more Nigeria nets over $120m in digital VAT as foreign tech tax reforms pay off
Nigeria's persistent power outages are causing job losses and deterring investments, according to APFFLON. The organization urges the Minister of Power, Joseph Tegbe, to ensure that promised reforms lead to tangible improvements in electricity supply.
The IMF has reported that the Federal Government excluded N8.8 trillion in spending from its national budgets, which is equivalent to 2% of Nigeria's GDP. This omission raises concerns about fiscal transparency and accountability in public expenditure.
NNPC Limited reported a profit after tax of ₦462 billion in May 2026, down from April, despite recording its highest crude oil and condensate production in a year, improved gas output and stronger pipeline availability. The post NNPC profit falls to ₦462 billion despite highe...
A review of Benue State’s audited financial records from 2018 to 2025 reveals a troubling pattern: a disconnect between the scale of the crisis in Benue and the transparency and accountability of public spending meant to address it. The post The Missing Millions: Fiscal account...
Nigeria's economic discussions have focused on prices, particularly petrol. The article argues that true economic reform should start with addressing these prices rather than treating them as an end point.
Elombi emphasizes the importance of establishing an African ratings agency to better manage the continent's economic narrative. He also highlights the skills shortage in electric battery manufacturing as a significant challenge for Africa's growth.
Nigeria has secured $1.25 billion in funding from the World Bank to enhance employment through reforms in various sectors. This partnership aims to address structural constraints and attract private investment for economic stability.
Bennett Oghifo Wema Bank, Nigeria’s oldest indigenous national bank, most innovative and pioneer of Africa’s first fully digital bank, ALAT, has announced the 7th edition of its flagship innovation initiative,