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NGX gains ₦237.8bn as FUGAZ banking stocks lead

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Nigeria risks losing $1.4bn US aid over Christians persecution

Finance

NGX urges Tinubu to support fintech’s domestic listing

Policy and Regulations

NGX gains ₦237.8bn as FUGAZ banking stocks lead Friday

Business

FG unveils unified regulatory framework for crypto industry

Policy and Regulations

Blog

Nigeria, others spent $1.4trn on debt servicing in 2023 - World Bank
Electricity

300m Africans to get electricity by 2030 — World Bank

Seventeen African governments have committed to reforms and actionable plans to expand electricity access as part of Mission 300, a partnership led by the World Bank and the African Development Bank Group aiming to connect 300 million Africans to electricity by 2030. Governments from Benin, Botswana, Burundi, Cameroon, Comoros, Republic of the Congo, Ethiopia, Gambia, […]

Conferences

Nigeria pushes for permanent UN security council seat

Vice President Kashim Shettima has outlined steps to strengthen peace, development, and human rights globally. Speaking at the 80th session of the United Nations General Assembly in New York, he emphasized the need for Nigeria to have a permanent seat at the UN Security Council as part of a wider process of institutional reform. Shettima […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
featured Finance

Naira appreciates to N1,515/$ in parallel market

The Naira has appreciated to N1,515 per dollar in the parallel market, up from N1,518 per dollar on Wednesday. Similarly, the Naira has also appreciated to N1,486.8 per dollar in the Nigerian Foreign Exchange Market. According to data published by the Central Bank of Nigeria, the exchange rate for the Naira fell to N1,486.8 per […]

Tech

Apple urges EU to scrap landmark big tech antitrust law

Apple on Thursday urged the European Union to repeal its sweeping digital competition law, claiming it undermines security and results in a “worse experience” for consumers. The US tech giant and the EU have repeatedly locked horns over the bloc’s Digital Markets Act, which Brussels says seeks to make the digital sector in the 27-nation […]

Reps proposes bill to ensure timely salary payments
News

Reps pledge transparency in naira-for-crude policy

Speaker of the House of Representatives, Tajudeen Abbas, has affirmed the parliament’s commitment to ensuring transparent and effective implementation of the Federal Government’s naira-for-crude oil policy. The initiative, designed to stabilise the naira, enhance energy security, and boost local value addition in the petroleum sector, also supports the government’s wider economic reforms to curb inflation, […]

Business

Tinubu orders BOA to pay N30bn arrears to agro-dealers

President Bola Tinubu has ordered the Bank of Agriculture to settle outstanding arrears of N30 billion owed to agro-dealers and input suppliers under the National Agricultural Growth Scheme and Agro-Pocket. In a statement on Wednesday, BOA’s External Media Relations Lead, Judith Ekwebelem, said the directive followed the release of funds from the African Development Bank. […]

Finance

PenCom allows PFAs to invest in foreign currency instruments

The National Pension Commission has released the ‘Guidelines on Foreign Currency Pension Contributions,’ allowing Pension Fund Administrators to invest part of the pension funds in foreign currency-denominated instruments. This move is expected to expand access to the Contributory Pension Scheme for Nigerians earning in foreign currency, including those living abroad. The guidelines also aim to […]

featured News

Business mogul Oskar Ibru passes away at 67

Business mogul and chairman of the Ibru Organisation, Olorogun Oskar Ibru, has passed away at the age of 67. According to a statement by his family, reported by Arise News on Wednesday, Ibru died after a brief illness, with further details on the circumstances of his death not disclosed. As a key figure in Nigeria’s […]

Lagos' GDP hits $159bn, becomes Africa's second-largest city economy
Business

Lagos eyes 45,000 building permits annually to manage urban growth

The Lagos State Government has set a target of issuing up to 45,000 building permits each year to better regulate development and keep pace with the state’s rapid urban expansion. Commissioner for Physical Planning and Urban Development, Dr. Olumide Oluyinka, revealed this on Wednesday during a press briefing in Alausa, according to the NAN. He […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
Banking

Banks shun CBN’s lending window as liquidity pressures mount

Deposit Money Banks are increasingly shunning the Central Bank of Nigeria’s Standing Lending Facility, even as their opening balances have fallen to multi-month lows, according to the apex bank’s latest liquidity data. Between September 18 and 22, 2025, system liquidity swung sharply. Banks and discount houses opened with N582.80 billion on Thursday, September 18, but […]

Guinness Nigeria faces N49bn exchange rate loss
Business

Guinness Nigeria shares surge 41% in September, reach new high

Guinness Nigeria Plc’s shares have surged over 41 per cent on the Nigerian Exchange in September, reaching a yearly high above N180. The stock started the month at N130 and soared to N183 by September 23, 2025, potentially making September its strongest month yet. This impressive performance follows the company’s audited financials for the year […]

Kaduna govt to use WhatsApp to collect taxes
featured Mobile phones

WhatsApp rolls out message translation feature for users

Meta, the owners of WhatsApp, Facebook, Instagram, and Threads, has announced the rollout of a message translation feature aimed at making communication across different languages easier for its more than 3 billion users worldwide. The rollout, which began on Tuesday, allows users to translate messages directly within chats while keeping conversations private. Users can now […]

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