Fuel Price Competition Intensifies as Dangote Refinery and Depot Operators Slash Rates Nigeria’s downstream petroleum sector is witnessing heightened competition as Dangote Refinery and private depot operators engage in a…
Tinubus Leadership Prevents National Assembly Crisis, Says Rep
Crisis Averted: Tinubu’s Intervention Resolves National Assembly Funding Dispute President Bola Ahmed Tinubu’s timely intervention has resolved a brewing crisis in the National Assembly over delayed payments for capital projects,…
Nigeria Unveils National Payment Stack to Speed Up Transactions
Nigeria’s Digital Payment Revolution: First Transaction on National Payment Stack Completed In a significant milestone for Nigeria’s digital payment infrastructure, the first live transaction on the National Payment Stack (NPS)…
World Banks $500m Loan Boosts Nigerian Small Business Power Plan
The FINCLUDE Project awaits final approval by December 18, 2025. Meanwhile, Nigeria remains the third-largest debtor to the World Bank’s IDA, with obligations totaling $18.2 billion as of June 2025,…
Lagos to Welcome Equinixs $22M Data Center Investment in 2024
Global Digital Infrastructure Giant Equinix Announces $22 Million Data Center Investment in Lagos Equinix Inc., the worldwide leader in digital infrastructure, has unveiled plans to establish a state-of-the-art data center…
GTCO Leads Investment Picks Among CAP, AIICO in Trading Week
Market Watch: Strategic Stock Picks Amid Q3 Performance Decline The Nigerian stock market experienced a 3 percent decline last week, contradicting the generally positive third-quarter and nine-month corporate performance reports….
Nigerian Stock Market Sheds N2.8trn Amid Trump Trade Tensions
Nigerian Stock Market Tumbles N2.8 Trillion Amid US President’s Comments and Market Pressure Nigerian investors experienced significant losses as the stock market suffered a sharp decline during the first week…
Nigeria Records $5.15bn Foreign Currency Inflow for October 2023
Foreign Investment Surge: Nigeria Records $5.15 Billion Inflow in October 2025 Nigeria witnessed a significant surge in foreign exchange inflows, reaching $5.15 billion in October 2025, marking a five-month high…
Rivers Assembly Launches Investigation into Oil Company Spill Case
Oil Spill Investigation Launched in Rivers State as Community Alleges Corporate Negligence The Rivers State House of Assembly has initiated an investigation into alleged environmental negligence by Renaissance Africa Energy…