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The Nigerian equities market continued its positive run, gaining 1.06% as renewed buying interest drove capital appreciation. Discover top gainers and mark
Nigeria's intra-African trade surged by 21% to reach $9.02 billion in 2025. This growth highlights the significant role of the African Continental Free Trade Area (AfCFTA) in enhancing market access for Nigerian goods.
Mutual Benefit Insurance Plc has highlighted a significant credit gap in Nigeria, noting that only 6% of adults have access to formal credit. This statistic underscores the challenges of financial inclusion in the country despite recent improvements.
The Nigerian banking system is set to receive a significant liquidity boost of N3.39 trillion this week. Maturing Open Market Operation (OMO) bills will contribute approximately 86% of this inflow.
Nigerian banks' credit to the private sector has decreased by 14% year-to-date, totaling N81.04 trillion. This decline is attributed to the Central Bank of Nigeria's tight monetary policy.
Lagos has successfully mobilized over N4 trillion in investment commitments through Invest Lagos 3.0. This achievement reinforces its position as Africa's leading business gateway and investment destination.
Kayode Tokede The Nigerian stock market extended its gains for a second consecutive session as renewed buying interest in Airtel Africa, Guaranty Trust Holding Company (GTCO), among other drive market
Kayode Tokode Shareholders of TotalEnergies Marketing Nigeria Plc have urged the management of the company to deploy concrete strategies to navigate market distortions triggered by domestic refineries. Speaking at the
Fred Chukwuelobe A fierce airfare war is unfolding in Nigeria’s aviation industry. While passengers are understandably celebrating the sharp decline in ticket prices, industry stakeholders are increasingly worried about the
Nigeria’s money supply expanded sharply in May 2026, supported by stronger foreign currency inflows, but businesses remained cautious about taking read more Oil-driven FX inflows swell Nigeria’s money supply as businesses hold back borrowing
OneDosh today announced the launch of Cash App funding for eligible U.S. users, creating a simpler way to add USD read more OneDosh launches cash app funding to connect U.S. users with Nigeria’s digital economy
President Tinubu encourages investors to tap into Nigeria's skilled young workforce in technology. He praised Mastercard's initiative to train five million businesses with digital skills as a timely boost for the country's economic transformation.
The Central Bank of Nigeria (CBN) has issued a warning against the misuse of the naira, citing rising costs and its diminishing lifespan. They also launched the Naira Ambassadors Club to promote responsible currency use among students.
A recent survey indicates that 10 local governments in Gombe are facing serious food security challenges. This situation raises urgent concerns for the well-being of the state's residents.
The Securities and Exchange Commission (SEC) has banned the marketing and promotion of an alleged Initial Public Offering (IPO) by Dangote Petroleum Refinery and Petrochemicals FZE. The commission, in a
The performance, achieved with a legal wind reading of +0.5m/s, made Ashe the fastest Nigerian man ever on home soil and capped a historic final at the Yaba College of Technology Sports Complex. The post Commonwealth Games Trials: Ashe blazes to historic 9.93s to win national tit...
Nigeria's SEC has halted the marketing of a Dangote Refinery IPO and cautioned investors about unapproved offers. This move aims to protect investors and ensure compliance in the capital market.
The National Agricultural Development Fund (NADF) is working to attract private and institutional investments in Nigeria's agriculture sector. This initiative aims to enhance support for agribusinesses through blended finance strategies.
…Example of Rwanda leveraging football for nation’s marketing The FIFA World Cup stands as football’s ultimate spectacle, a quadrennial global read more Beyond World Cup: How Nigeria’s football icons can become nation’s strongest marketing asset
The latest Container Port Performance Index (CPPI), published by the World Bank and S&P Global Market Intelligence, contains an important read more From gridlock to global recognition: What the World Bank’s port data is telling us
Opposition parties and residents in Borno State demand an independent probe into the alleged ₦4bn non-existent rail project included in the 2025 budget rep
Olayemi Cardoso has inaugurated the CBN Naira Ambassadors Club to encourage respect for Nigeria's currency. This initiative aims to promote proper handling and preservation of the Naira.
The reconstruction of the Store Bridge in Kaduna has ended two decades of isolation for residents. This development is expected to significantly boost the local economy and improve healthcare access in the area.
ActionAid has criticized the IMF for its policies that are exacerbating Nigeria's debt crisis. The organization argues that these policies are diverting crucial funds from essential services such as healthcare and education.
Manufacturers are quietly rebuilding supply chains, deepening local production and looking beyond Nigeria’s borders as Africa’s largest consumer market emerges read more Nigeria’s $25bn FMCG market pivots to local sourcing, exports after inflation shock
Nigeria, Libya, and Algeria are projected to waste over 25 billion cubic meters of gas by 2025. This increase in gas flaring highlights ongoing environmental and economic challenges in these countries.
Eight Nigerian banks generated an average revenue of N332.74 million per employee in 2025, underscoring how aggressive investments in technology, read more Access, Zenith lead as Nigerian banks post N333m average revenue per employee
Manufacturing, information and communication, and mining and quarrying top sectors in Nigeria that generated N2.42 trillion in revenue from value-added read more Manufacturing, ICT lead sectors that paid the most VAT in Nigeria in Q1
Nigeria's petrol import costs have dramatically decreased from N2.3 trillion to below N90 billion due to enhanced local refining. This significant reduction is expected to positively impact the Naira and the energy sector.
Nigeria's natural gas production has risen to 7.63 billion standard cubic feet per day. This increase is attributed to presidential directives and an improved business environment.