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Latest News

China Cuts Key Interest Rates to Stimulate Growth: What Nigeria Can Learn

Formal Remittances Reach Record $947 Million in July, Nearing CBN’s $1 Billion Target

August 31, 2026

Airtel, Glo, and 9mobile experienced a loss of 4,765 customers to MTN in Q1 2023.

Nigerians Spend Estimated N3.67 Trillion on Internet Data in First Half of 2026

August 31, 2026

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Naira Holds Near Flat in Parallel Market as Official FX Turnover Rises to $1.06 Billion

August 31, 2026

NEC Affirms CBN $3 Billion Loan for Naira Stability

CBN Lowers 364-Day T-Bill Rate to 17.15% Despite N3.63 Trillion in Bids

August 31, 2026

Economy

Naira Strengthens as Anticipation Mounts for $10 Billion Forex Inflows

Currency in Circulation Climbs to N5.73 Trillion, but Real Value Declines 14%

August 27, 2026

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

NGX Weekly Turnover Falls 10.4% to N157.76 Billion as Market Declines

August 24, 2026

IMF Lists Top 10 African Nations with Highest Debt Burdens

FAAC Shares Record N3.007 Trillion in July as States Benefit Most from Subsidy Removal

August 24, 2026

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

United States Lifts 12-Year Security Restriction on Nigerian Vessels

August 20, 2026

Market

Nigeria’s Inflation Climbs to 19.6% in July 2022

Cost of Healthy Diet Rises to N1,541 Per Day as Food Expenses Climb

Dangote Refinery Obtains License to Process 300,000 Barrels of Crude Daily

Dangote Refinery Expansion to 1.4 Million Barrels Per Day Expected to Create 95,000 Jobs

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

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Charges on cash transactions skyrocketed by POS agents.

E-Payment Transaction Volume Falls 9.2% as Value Rises to N1.053 Quadrillion in Q1

by Victoria Attah

August 27, 2026

Electronic payment transactions conducted through six channels rose 2.85 per cent year-on-year in value to N1.053 quadrillion in the first...

CBN Offers N700 Billion Treasury Bills in Second and Final August Auction

by Jide Omodele

August 27, 2026

The Central Bank of Nigeria, acting on behalf of the Debt Management Office, is offering N700 billion in Nigerian Treasury...

SEC Files Lawsuit Against Binance and CEO Changpeng Zhao for Alleged Regulatory Violations.

Binance Suspends Transactions with 17 Crypto Platforms

by Bolarinwa Mathew

August 24, 2026

Binance has stopped processing transactions involving 17 cryptocurrency asset service providers, among them three platforms linked to Nigeria, citing recent...

Bitcoin Drops 7% Following Silvergate Crisis.

Bitcoin Rally Strengthens as Fiscal Worries Revive Debasement Trade

by Bolarinwa Mathew

August 24, 2026

Bitcoin is advancing again as movements in the bond market revive concerns over growing fiscal pressures, handing bulls fresh macroeconomic...

Nigerian Customs Deactivate Two Banks Over Failure to Remit Duties.

Apapa Customs Posts Record N28.10 Billion Daily Collection

by Victoria Attah

August 20, 2026

The Nigeria Customs Service Apapa Area Command generated N28.10 billion in a single day on Tuesday, 18 August 2026, marking...

Popular posts

Politics

House of Representatives Recovers N521.77 Million Unremitted VAT from CBN

2024 Budget Outline: Oil Price Set at $77.96, Naira Stands at 750 Against the Dollar

FG Debt Repayments Overshoot 2025 Budget Allocation by N1.9 Trillion

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

Wealth

NEC Affirms CBN $3 Billion Loan for Naira Stability

CBN Reopens OMO Market to Retail Investors, Raising Pressure on Weak Equities

August 19, 2026

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

NGX Delays New Equity Pricing Rules as Investors Await Fresh Launch Date

August 17, 2026

Investment Bankers Applaud CBN Reforms Amidst Challenges, Embrace Growth Opportunities

CBN Cancels N700 Billion T-Bills Auction After Aggressive Liquidity Withdrawal

August 10, 2026

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

Nigerian Equities Lose N599 Billion as Nestlé and First HoldCo Weigh on Market

Business

Air Peace Chairman Raises Concern Over Delay in Accessing $14 Million Held by CBN

Air Peace and United Nigeria Claim Over N2 Billion Losses After Union Disruptions

August 17, 2026

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

NGX Loses N1.17 Trillion as Profit-Taking Hits MTN Nigeria and First HoldCo

August 12, 2026

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

NGX Closes Week Higher at 245,573 Points as Banking Stocks Rally

August 10, 2026

Oil Marketers Dismiss Claims of Dangote Refinery Selling Fuel in Dollars

Dangote Targets $5 Billion IPO to Fund Refinery Expansion to 1.4 Million Barrels per Day

Technology

Elon Musk claims to donate almost $2 billion to charity.

Starlink Dominates African Internet Speeds, Outperforming Local Providers in 22 Markets

WhatsApp launches online payment channels through chats

WhatsApp to End Support for Older iOS Devices from November 2026

Aliko Dangote’s Wealth Drops by N1.45 Trillion Following Naira’s Exchange Rate Change

Dangote revives Peugeot in Nigeria as auto assembly restarts in Kaduna

Apple shares decline due to lower projected December quarter revenue.

Apple’s New Siri to Feature Auto-Delete Chat Option for Enhanced Privacy

Currency

Naira depreciates to N755/$ in the parallel market.

Naira Hits Five-Month High as Dollar Falls to N1,343.32 on CBN Reforms

August 20, 2026

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

NAFEM Turnover Climbs to $1.41 Billion, Highest Level in Five Weeks

August 19, 2026

Battered Commodity Currencies Gain Attention Amid Dollar’s Decline.

Several African Currencies Forecast to Weaken Against Dollar – Analyst

NEC Affirms CBN $3 Billion Loan for Naira Stability

Naira Strengthens as FX Turnover Hits Record $1.5 Billion in a Single Day

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