Seplat Energy Plc has announced that it will redeem the entire outstanding principal on its U.S. dollar-denominated notes issued under...
Trading activity on the Nigerian Exchange Limited (NGX) dipped in February 2025 as foreign portfolio transactions declined amid rising economic...
Investor participation in the Central Bank of Nigeria’s (CBN) latest treasury bill auction fell sharply, despite the apex bank offering...
Liquidity conditions in Nigeria’s money market strengthened last week as total system liquidity rose by 62.3% to ₦2.2 trillion. According...
The Dollar to Naira exchange rate remains a critical indicator of Nigeria’s economic health, influencing both businesses and individuals engaged...
First Bank of Nigeria Limited has expanded its digital banking infrastructure with the launch of a new FirstBank Digital Xperience...
Electricity Distribution Companies (DisCos) across Nigeria recorded an improved collection efficiency of 77.44 percent in the fourth quarter of 2024...
The Federal Government paid ₦471.6 billion in electricity subsidy bills in the fourth quarter (Q4) of 2024. This was disclosed...
The Nigerian Electricity Regulatory Commission (NERC) has reported that neighbouring countries Benin Republic and Togo owe Nigeria a combined sum...
The Dollar to Naira exchange rate continues to be a major concern for businesses, investors, and individuals in Nigeria. With forex fluctuations affecting the economy, many...
Dangote Petroleum Refinery has announced a temporary suspension of petroleum product sales in naira citing the need to align its sales proceeds with crude oil purchases...
The Board of Unity Bank Plc has announced the appointment of Mr. Ebenezer Kolawole (FCA) as the Acting Managing Director/Chief Executive Officer following the retirement of Mrs....
Exporters and non-bank corporates contributed 64 percent of total dollar inflows into the Nigerian Foreign Exchange Market (NFEM) last week, surpassing all other sources, including the...
The Nigerian stock market declined on Tuesday as sell-offs in BUA Cement Plc, Wema Bank Plc, and Ellah Lakes Plc contributed to a N275 billion loss...
Nigeria’s oil production remains under pressure despite the resumption of the Trans-Niger Pipeline, which was temporarily shut down following an explosion and fire. The pipeline, responsible...
Morgan Stanley is set to cut 2,000 jobs this month in its first major workforce reduction under Chief Executive Officer Ted Pick. The decision is part...
The Tanzanian shilling has been ranked as the world’s worst-performing currency in 2025 after losing 8.9% of its value despite the country’s economic expansion. Although Tanzania’s...
The Dollar to Naira exchange rate continues to fluctuate in the foreign exchange market, driven by various economic factors. As of 19th March 2025, the black...
Text of the Broadcast by President Bola Ahmed Tinubu, Commander-in-Chief of the Armed Forces, Declaring State of Emergency in Rivers State on Tuesday, 18 March 2025...
