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Trending now

Multichoice to Launch Integrated Payments Platform

Showmax to be shut down by MultiChoice after 11 years.

China-Nigeria Collaboration Set to Showcase Nigerian Products in Chinese Markets

China’s Exports to Nigeria Hit Record $24.9 Billion in 2025, Widening Trade Imbalance

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

Economy

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.

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

Naira appreciated to N738/$ in the Parallel Market

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

Market

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.

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

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

Latest story

Dangote Refinery Set to Drive Further Fuel Price Hike in Nigeria.

Dangote Refinery Fires Back at Importers: “Go Import from Iran If You Can”

by Akpan Edidong

As the escalating US-Iran conflict sends global oil prices soaring past $80 per barrel and triggers fuel shortages and long...

South Africa Poised to Surpass Nigeria as Africa’s Largest Economy

Private Sector Credit Dips to N75.24 Trillion in January 2026 as Banks Stay Cautious

by Jide Omodele

Nigerian banks extended N75.24 trillion in credit to the private sector in January 2026, marking a decline of about N590...

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

Top Story: Tinubu Present N27.5 Trillion As 2024 Budget

Tinubu Issues Executive Order to Redirect All Oil Revenues to Federation Account, Ending NNPCL Deductions

February 27, 2026

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

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

NGX Bearish Streak Deepens as Profit-Taking Erases N514 Billion from Market Value

February 27, 2026

Wealth

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

CBN Cuts Benchmark Rate by 50bps to 26.5% in Measured Easing Move

February 26, 2026

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

NGX Closes Lower as Profit-Taking in Banking and Insurance Weighs on Market

February 26, 2026

BTC’s Price Rises as Market Reacts to the Fed hawkish move.

Bitcoin Surges Then Retreats as Traders Eye Trump’s Speech and Geopolitical Risks

February 26, 2026

Senate Committee Frowns at N17 Trillion Loss from Tax Waivers, Urges FIRS Reform

Nigeria Revenue Service Targets N40.7 Trillion in 2026 Following Major Tax Reforms.

February 26, 2026

Business

FMDQ Exchange Records N21.70 Trillion Secondary Market Turnover in October

FMDQ Approves Listing of Lagos State’s N244.82 Billion Dual-Series Bonds Under N1 Trillion Programme

February 26, 2026

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

NGX Suspends Trading in Zichis Agro-Allied Shares Pending Probe into Recent Price Surge

February 24, 2026

FG 2053 Bond Records $364 million Subscription as Investors Seek Record Yields

FG’s Domestic Debt Surges to N77.81 Trillion as Bond Issuances Drive N7.4 Trillion Increase

February 24, 2026

Multinationals Exit Nigeria, Posing Threat to $1 Trillion Economy Goal

Capital Market’s GDP Contribution Surges to 33% as Market Cap Hits N123.93 Trillion

February 24, 2026

Technology

FG Records N13.33bn Revenue Shortfall from Gas Flaring Penalties

Debt Rises as 11 States and FCT Drive N373 Billion Increase in Nine Months

February 24, 2026

Goldman gives senior staff unlimited vacation in bid to retain talent

Goldman Sachs Lifts 2026 Oil Price Forecasts, Sees Brent Averaging $64 for the Year and $60 in Q4

February 24, 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

NEC Affirms CBN $3 Billion Loan for Naira Stability

MPC Set to Deliberate Cautious Rate Easing as Disinflation Gains Traction

February 23, 2026

Currency

Dangote Refinery: Weep Not Child By Duke of Shomolu

Dangote Refinery to Open Share Ownership to Nigerians in 4–5 Months, Aliko Dangote Confirms

February 23, 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

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

NEC Affirms CBN $3 Billion Loan for Naira Stability

CBN Mops Up N3.57trn in Three Days as Banks Flood SDF with Surplus Cash

February 20, 2026

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