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The Nigerian naira recorded a mixed performance against the United States dollar on Friday, May 15, 2026, across the official Nigerian Foreign Exchange Market (NFEM) and the parallel market, as traders monitored forex liquidity and demand pressures. The post Dollar to Naira excha...
By Yinka Kolawole, with agency report The Organisation of Petroleum Exporting Countries and its allies, known as OPEC+, are planning to continue a gradual increase in oil production quotas with a target of fully restoring a 1.65 million barrels-per-day output cut introduced in 2...
The Naira yesterday depreciated to N1,392 per dollar in the parallel market from N1,388 per dollar on Wednesday. The post Naira depreciates to N1,392/$ in parallel market appeared first on Vanguard News.
Blessing Ibunge in Port Harcourt Nigeria’s crude oil production reached 99.2 per cent of the country’s 1.5 million barrels per day quota approved by Organisation of Petroleum Exporting Countries (OPEC)
• Julius Omodayo-Owotuga emerges First Bank Executive Director Kayode Tokede The Nigerian capital market witnessed a seismic shift as billionaire investor, Mr. Femi Otedola, increased his stake in First HoldCo
Katsina Police foiled a kidnap attempt, rescuing an 18-year-old girl after a gun duel with bandits in Danmusa LGA. The victim is now safe.
Kwara State launches a livestock agenda to reduce Nigeria’s dairy imports, valued at $1.5bn, aiming to boost local production and the national economy.
The Nigerian stock market closed lower, losing N170bn as investors took profits on mid-cap stocks. The All-Share Index fell 0.11% despite positive breadth.
IPMAN urges the NNPC to revive its own refineries instead of increasing its stake in the private Dangote Refinery, questioning the state oil company’s prio
Nigeria’s drive to modernise tax administration and tighten digital compliance received a major boost as technology firm Upperlink Limited has read more Upperlink’s NRS approval signals fresh push to digitise Nigeria’s tax and invoice economy
Despite N20 million ransom, with a bag of rice and a yellow keg of groundnut oil the terrorists have refused grant the victims freedom The post After N20m, rice, oil ransom, terrorists hold on to abducted Kwara church worshippers appeared first on Vanguard News.
The naira traded almost flat against the dollar in the official foreign exchange (FX) market on Thursday as turnover across read more Naira holds steady as NFEM turnover drops 55.97%
The NDIC said the action forms part of efforts to recover assets linked to the defunct bank, whose licence was revoked by the Central Bank of Nigeria (CBN) in January. The post NDIC sues Wema Bank over N125bn Banana Island properties, N401m disputed payment appeared first on Prem...
Stakeholders in Nigeria’s capital market ecosystem on Thursday gathered in Lagos to celebrate the 50th anniversary of Financial Trust Company read more SEC, NGX, ASHON laud Financial Trust Company enduring role in capital market growth
Published annually by the Financial Times in partnership with Statista, the ranking recognises companies driving exceptional revenue growth, innovation, market expansion, and economic impact across the continent. The post Heirs Holdings’ portfolio companies ranked among Africa?...
The World Bank restricts Instagram comments following backlash from Nigerians over a proposed $1.25bn Nigeria World Bank loan amid rising debt concerns.
British envoy Gill Lever concludes a visit to Kwara, focusing on strengthening UK-Kwara ties in economy, women’s inclusion, innovation, and security.
Nigeria’s courts are rapidly emerging as one of the most important battlegrounds shaping the future of the country’s digital economy, read more Courts become new battleground for Nigeria’s digital economy
…as Office fail to publish reports for 3 consecutive quarters …experts say unavailability of report drives corruption, public mistrust The read more Final review of budget documents slows implementation report, Budget office claims
…experts warn delayed reports fuel corruption, erode public trust The Budget Office of the Federation has again failed to publish read more Again, Yakubu’s budget office misses reporting deadlines, breaches fiscal transparency law
“The expectation is clear: the industry must now deliver measurable improvements, and the commission will continue to enforce compliance in the interest of consumers and the wider economy,” the statement read. The post NCC warns telcos over poor network, assures improved serv...
A total of N1.933 billion has been disbursed as loans and grants to 4, 101 Micro, Small and Medium Enterprises read more Lagos lifts 4,000 MSMEs with N1.933bn loans, grants to boost growth
The ADC criticizes the Tinubu administration over Nigeria’s debt burden, calling the economy a ‘Ponzi scheme’ sustained by continuous borrowing.
The National Human Rights Commission has demanded explanations from the Nigerian Air Force over recurring civilian casualties arising from military airstrikes in parts of the country. The commission described the incidents as disturbing and inconsistent with human rights and inte...
Nigeria is now China’s largest engineering contracting market. Li Hengtian, Deputy Director at the China International Communications Group (CICG), disclosed read more Nigeria now China’s largest engineering contracting market
ICPC partners with the Nigeria Revenue Service in Borno to tackle tax evasion, improve revenue collection, and protect staff. Learn about this new alliance
OPEC countries currently account for roughly 40% of global crude oil production, though this share has been declining over time. The post OPEC+ Plans Quota Hikes To Restore 1.65MBD Cuts Latest September appeared first on Channels Television.
A major pipeline protection firm says host communities are to be given credit for Nigeria recording 99.2% of its 1.5 read more Pipeline firm shows how Nigeria met 99.2% OPEC quota as company empowers 3000 host community women
By Ndahi Marama, Maiduguri The Independent Corrupt Practices and other Related Offenses Commission has partnered with the Nigeria Revenue Service (NRS) in Borno state to tackle issues of tax defaulting and staff-bullying by individuals and organisations across the state. In an in...
Nigerian billionaire Femi Otedola reportedly buys a £53m London mansion in the exclusive St John’s Wood district, highlighting the city’s luxury market.