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Oil prices have surged to $74 per barrel after President Trump's announcement regarding the end of the ceasefire with Iran. This increase reflects market reactions to geopolitical tensions in the Middle East.
The National Pension Commission is finalizing the launch of the Pension Industry Infrastructure Fund. This initiative aims to enhance investment in the country's infrastructure through pension contributions.
NNPC Limited has contributed N19.5 trillion to the Federation Account in the last 14 months. This significant remittance was announced during the 2026 Nigeria Oil and Gas Energy Week.
Across the 29 economies studied, which account for 57 per cent of global GDP, intangible investment "reached an all-time high" of over $10 trillion in 2025, according to WIPO. The post AI Boom Drives Intangible Investment To Record Level — UN appeared first on Channels Televisi...
The sudden flare-up has stoked concerns about peace talks between the foes as they look to end their conflict and fully reopen the crucial waterway. The post Oil Extends Rally As US Strikes On Iran Revive Geopolitical Fears appeared first on Channels Television.
The Nigeria Customs Service has exceeded its 2025 revenue goal by generating N7.277 trillion, surpassing the target by 10.24%. They are now seeking approval from the House of Representatives for an N11.27 trillion budget for 2026.
Both sides reported hitting dozens of targets in renewed hostilities, which have placed fresh strain on an interim deal to end the Middle East war and pushed oil prices to their highest level in two weeks. The post US responds to Strait of Hormuz attacks with strikes on Iran appe...
The US carried out a new round of strikes in Iran targeting more than 80 sites and revoked a waiver read more US strikes Iran again, blocks its oil sale and pushes oil price up to $76 a barrel
The Nigerian National Petroleum Company Limited (NNPC Ltd) on Tuesday, signed several agreements with partners, these agreements ranged from Gas read more NNPC, partners sign deals to boost gas supply, energy security
The Nigerian naira was valued at ₦1,372.96 against the US dollar on July 8, 2026. This exchange rate reflects the current trends in the Nigerian Foreign Exchange Market.
NNPC Limited has remitted N19.5 trillion to the Federation Account over the past 14 months. This significant contribution highlights the company's role in Nigeria's economy.
There is a renewed call for improved welfare for Nigerian seafarers, emphasizing their crucial role in maritime trade and the economy. Advocates argue that consistent support is essential for the sustainability of the maritime industry.
• Maintains 100% JV cash call payments, seeks partners’ compliance • FG has hired PwC to streamline over 270 fees, taxes, says Lokpobiri • Renaissance finds new oil in OML
President Bola Tinubu has called on Afreximbank to enhance its efforts in mobilizing resources for Africa's industrial growth. The bank has already invested $20 billion into the Nigerian economy over the past five years.
Oloworaran has announced significant progress in implementing the Pension Infrastructure Fund, aimed at financing critical infrastructure and enhancing retirement earnings. A review of the pension act is also underway to protect ordinary Nigerians' interests and address existing gaps.
Africa attracted $70 billion in foreign direct investment in 2025, marking a 6% increase globally. However, the continent struggles to transition into broader industrial development despite investments in strategic industries.
Kuni Tyessi in Abuja The National Commission for Almajiri and Out-of-School Children’s Education (NCAOOSCE) has clarified that projects in its 2026 budget which fall outside its statutory mandate are National
…Liquidity ratio more than double CBN benchmark …. Excess liquidity outpaces lending to businesses A Nigerian creative entrepreneur spent months read more Credit-shy banks hold historic liquidity buffer as funds flow to govt debt
The Naira has depreciated to N1,405 against the dollar in the parallel market, down from N1,400. It also fell to N1,379 in the Nigerian Foreign Exchange Market, according to data from the Central Bank of Nigeria.
The DMO has launched the July 2026 FGN Savings Bond with an attractive annual interest rate of 15.716%. This initiative aims to encourage Nigerians to invest in secure, government-backed securities.
Nigerian FMCG companies have successfully reduced their financing expenses by 23% in the first quarter of 2026. This reduction is expected to enhance profitability and lower overall debt levels for these firms.
The APC chair highlights that President Tinubu's intervention funds are significantly aiding small business growth and enhancing access to finance for entrepreneurs. This initiative is also promoting youth empowerment in Nigeria.
Prof. Chinedu Neboh has urged Nigerian nurses to adopt entrepreneurship to achieve financial security in challenging economic conditions. This advice aims to promote economic sustainability within the nursing profession.
The CBN has revoked 46 licenses of microfinance banks, aiming to consolidate the sector and realign deposits. This move is expected to strengthen Nigeria's financial landscape.
Nigerian exporters are experiencing significant financial losses as over 1,000 containers are stuck at Apapa Port due to vessel shortages. This situation is causing billions in losses for the exporters.
The Nigerian stock market rose by N1.86 trillion, driven by increased interest in MTN Nigeria and Dangote Cement. This positive momentum reflects growing investor confidence in the market.
Nigeria's financial system is projected to receive N12.39 trillion in liquidity inflows in July, marking an 8.7% increase from the previous year. This growth is primarily driven by OMO maturities.
Nigeria is working towards producing two million metric tonnes of sugar annually. The National Sugar Development Council has recently graduated new specialists to support this goal.
The Monetary Policy Committee of the Central Bank of Nigeria has cautioned against increased spending related to the upcoming 2027 elections. They warn that such fiscal actions could undermine progress made in controlling inflation.
The Nigerian Exchange Limited (NGX) has seen its market capitalisation increase by N51.6 trillion, driven by positive economic indicators. This growth reflects a robust performance in bonds, ETFs, and equities.