Nigeria’s debt market hits ₦91.99tn amid rising yields, sell-offs
Nigeria’s fixed income yields surged last week amid widespread sell-offs across market segments, pushing the nation’s total debt stock to ₦91.99 trillion.…
Business
Tinubu reaffirms commitment to Siemens Energy on power sector reforms
President Bola Tinubu has assured Siemens Energy of his government’s full commitment to improving Nigeria’s electricity supply and citizens’ welfare. President Tinubu…
Nigeria’s debt market hits ₦91.99tn amid rising yields, sell-offs
Nigeria’s fixed income yields surged last week amid widespread sell-offs across market segments, pushing the nation’s total debt stock to ₦91.99 trillion.…
High costs, FX threaten Nigeria’s industrial stability — Chemical product workers
The Chemical and Non-Metallic Products Employers Federation has issued a stern warning that escalating production costs, the burden of multiple taxation, and…
NECA hails FG’s 15% import tariff to boost local refinery
The Nigeria Employers’ Consultative Association has praised the federal government’s recent decision to impose a 15 per cent import tariff on certain…
Visa, Mastercard near merchant settlement to cut fees – Report
Visa and Mastercard are reportedly close to a settlement with U.S. merchants that would lower the fees stores pay and give them…
Taiwan exports hit 16-year high on surging AI demand
Taiwan’s exports surged 49.7 per cent in October from a year earlier to a record $61.8 billion, the fastest pace in nearly…
Nigeria’s FX reserves to hit $45bn December — Report
Nigeria’s foreign exchange reserves are expected to reach $45 billion by the end of 2025, buoyed by renewed investor confidence after the…
FG may sell local refineries to combat Dangote refinery dominance
The Federal Government has signaled that it may privatize its state-owned refineries to attract investment, enhance competition, and improve efficiency in the…
Nigeria eyes $60b energy investment under NNPC’s 2030 vision
The Nigerian National Petroleum Company Limited has announced plans to attract $60 billion in investments by 2030 through strategic partnerships aimed at…
Getty Images loses landmark AI copyright case against Stability AI
Getty Images suffered a major setback in its landmark legal battle against AI company Stability AI over its image-generating technology, losing the…
NNPCL seeks joint investments to unlock Africa’s energy prosperity
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has urged energy firms and financial institutions to…