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Latest News

CBN’s Recapitalization Budget of $1 Trillion Sparks Debate Among Industry Stakeholders

CBN Reforms Push Reserves to 13-Year High of $50.45bn.

NEC Affirms CBN $3 Billion Loan for Naira Stability

Strong Investor Demand Fuels Oversubscribed Treasury Bills Auction as CBN Allots N1.01 Trillion

Naira Faces Fresh Challenges as It Surpasses N1,160 Against Dollar

CBN Pulls N13.41 Trillion Out of Banking System in January 2026 as Tightening Bites

Dollar Index Loses Steam as Treasury Yields Drift Back to 4.8%

Naira Rebounds Month-on-Month in February as Reserves Hit 13-Year High.

Economy

Naira appreciated to N738/$ in the Parallel Market

Naira Strengthens 4.31% in February Despite Late-Month CBN Intervention

NCC to Eradicate the Issue of Multiple Taxation in the Telecoms Industry

NCC Proposes 14-Day Mandatory Notice Before SIM Deactivation in Draft Rules

FG Allocates N5.1 Billion for Presidential Yacht and N5.5 Billion For Student Loans

FG Unveils Livestock Export Reforms as US Congress Urges Ban on Nigeria’s Beef Shipments

CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.

CBN Schedules N1.05 Trillion Treasury Bills Auction for March 5.

Market

Nigerian Stock Market Witnesses N35 Billion Dip in Market Cap as Key Stocks Decline

Investors Pocket N1.7 Trillion as NGX Banking and Industrial Stocks Rally

February 20, 2026

Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

NGX All-Share Index Breaks 190,000 Barrier, Market Cap Surges by N5.1 Trillion in Single-Day Rally

February 17, 2026

Ghana Reaches Agreement on Eurobond Restructuring: Key Details Explained

Nigeria’s DMO Targets N800 Billion in February Bond Auction as Yields Hover Near 20%

February 17, 2026

OPEC – Nigeria’s oil production decreases to 972 tb/d

Nigeria’s Crude Oil Output Rises to 1.459 Million bpd in January 2026, Still Below OPEC Quota

February 12, 2026

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Nigeria’s MTN and Airtel Record N403.2 Billion Data Revenue In Q3, 2023

MTN and Airtel Generate N3.6 Trillion from Data Services in 2025 as Consumption Hits Record Highs

by Jide Omodele

Nigeria's two largest telecom operators, MTN Nigeria and Airtel Nigeria, collectively earned more than N3.6 trillion from data services alone...

Dollar Index Loses Steam as Treasury Yields Drift Back to 4.8%

Exchange Rate Gap Widens as Speculation and Dollar Scarcity Pressure Parallel Market

by Stephen Akudike

The disparity between Nigeria's official and parallel foreign exchange rates has widened noticeably in early March 2026, driven by heightened...

Petrol Prices Surge in West Africa as Nigeria Removes Subsidies.

Dangote Refinery Raises Petrol Gantry Price to N874 per Litre as Crude Surges Past $80

by Stephen Akudike

Dangote Petroleum Refinery has increased its ex-depot (gantry) price of Premium Motor Spirit (PMS) to N874 per litre, up from...

Naira Strengthens as Anticipation Mounts for $10 Billion Forex Inflows

Naira Holds Near N1,400 Amid Middle East Tensions and Record Reserves

by Stephen Akudike

The Nigerian naira maintained relative stability in early March 2026, trading close to the N1,400 per US dollar level in...

Nigeria Market Highlights: Japaul Gold Ventures Leads Most Active Gainers, FCMB Surges By 7.03%

NGX Posts Stellar 16.60% Gain in February, Oil & Gas Sector Leads Broad Rally Toward 200,000 Milestone

by Stephen Akudike

The Nigerian Exchange Limited (NGX) delivered one of its strongest monthly performances in recent memory during February 2026, with the...

Popular posts

Politics

FG’s First-Half Budget Performance Falls Short: Economic Consequence

Nigeria’s Projected N20.12 Trillion 2026 Deficit Risks Crowding Out Private Sector Credit

January 29, 2026

Crude Oil Prices Soar as Global Supply Shortage Intensifies.

Finance Ministry Denies Collapse of $5 Billion Oil-Backed Loan Deal

“U.S. National Debt Rises By $1 Trillion Every 100 Days

Nigerian Students Face Visa Freeze as U.S. Tightens Grip on Social Media Vetting

Nigeria Faces Tax Hikes on Alcohol, Tobacco, and Sugary Drinks to Unlock $750M World Bank Loan

Wealth

Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

Investors Pocket N1.4 Trillion as Dangote Cement, Aradel and Banks Power NGX Surge

February 10, 2026

Gold Rebounds Above $5,000 as Dollar Weakens and Geopolitical Risks Linger

February 4, 2026

Nigeria Customs Service Modernisation Project Aims to Generate $200bn in Revenue

Nigeria Customs Service Surpasses N7.2 Trillion Revenue Target in 2025

January 27, 2026

$26 Billion for unidentified source passed through Binance-Cardoso

CBN Auctions N1.15 Trillion in Treasury Bills as Investors Eye Higher Yields

January 22, 2026

Business

BREAKING: MTN Nigeria gets NCC approval to lease spectrum from NTEL.

MTN Nigeria Delivers N5.2 Trillion Service Revenue in 2025.

February 27, 2026

Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

NGX Delivers Record Weekly Surge as Investors Gain N8.1 Trillion

February 23, 2026

Nigeria’s Stock Market Records N1.81 Trillion Gain in July.

NGX All-Share Index Surges 6.16% to Record 182,313.08 Points, Market Cap Hits N117.03 Trillion

February 16, 2026

Brent Crude Holds Above Nigeria’s 2026 Budget Benchmark at $67.78

February 16, 2026

Technology

AI chatbot ChatGPT stumbles as it reaches its limitations of intelligence.

ChatGPT Incorporates Content from Elon Musk’s Controversial Grokipedia in Responses

January 26, 2026

GDP in Euro Area Declines by 0.1%, While EU Records a Modest 0.1% Increase

EU Fines Delivery Hero and Glovo €329M for Online Food Delivery Cartel

Airtel Nigeria Witnesses Surge in Data Consumption and Revenue Growth Amid 4G Expansion.

Airtel Drives Nigerian Stock Market to Record High, Surpassing N70 Trillion Mark

NCC warns against the insecurity of WhatsApp.

Global WhatsApp Outage, Nigerians are feeling the Heat

Currency

Battered Commodity Currencies Gain Attention Amid Dollar’s Decline.

US Dollar Slides to One-Week Low Amid Escalating Geopolitical Risks and Trade Uncertainty

February 27, 2026

Dollar Index Loses Steam as Treasury Yields Drift Back to 4.8%

Naira Posts Strong Gains Across Forex Segments as Reserves Climb and BDC Access Boosts Liquidity

February 23, 2026

Naira Maintains Above N1,750 Against British Pound Amid Bank of England Meeting

Pound Remains Stable Against Dollar as Falling Inflation Speculation Fuel

February 20, 2026

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Naira Gains Ground to N1,337 per Dollar in Official Market Amid Improved Liquidity.

February 18, 2026

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