Nigeria’s petrol subsidy could have cost the Federal Government as much as N53 trillion under current market conditions and pushed the naira to about N3,500 per...
Nigeria’s headline inflation rate declined to 15.43 percent in July 2026, down from 15.91 percent recorded in June. The latest figure was disclosed by the National...
The Securities and Exchange Commission (SEC) has directed capital market operators to freeze assets linked to six individuals and three entities identified as terrorist financiers. The...
Six of Nigeria’s leading listed banks paid a combined N1.27 trillion in dividends to their shareholders for the 2025 financial year, while five other profitable lenders...
The naira strengthened slightly against the United States dollar in the parallel market on Thursday, trading at N1,416/$1 compared to N1,420/$1 recorded on Wednesday. However, the...
The naira recorded fresh losses against the United States dollar on Thursday, depreciating in both the parallel market and the Nigerian Foreign Exchange Market (NFEM). In...
Dangote Petroleum Refinery has announced a fresh reduction in the prices of Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (AGO), also...
Hackers have breached the database of Zenith Bank, one of Nigeria’s largest financial institutions, gaining access to limited customer information, including email addresses and phone numbers....
S&P Global has announced an agreement to acquire a majority stake in Agusto & Co., a leading Pan-African credit rating agency with operations across Nigeria, Kenya,...
The Federal Government has launched the YOUTHCRED for Entrepreneurs initiative, a new financing programme designed to provide affordable, collateral-free loans to young Nigerians running micro and...