The Central Bank of Nigeria has upgraded the operating licences of selected financial technology companies and microfinance banks with nationwide operations to national status. The move...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has confirmed the successful completion of the Awodi-07 appraisal and exploration well in the shallow offshore western Niger...
Nigeria’s use of the Pan-African Payment and Settlement System (PAPSS) declined sharply in the first half of 2025, with the value of cross-border payments processed through...
The Federal Government has introduced new measures aimed at eliminating double taxation, widening the tax base, and strengthening compliance under Nigeria’s recently enacted tax laws. Clarifications...
Global crude oil prices remained firm at the start of the week, holding above Nigeria’s oil price benchmark for its 2026 fiscal plan, as persistent supply...
The African Export–Import Bank (Afreximbank) has formally ended its credit rating engagement with Fitch Ratings, following an internal review of the relationship. In a statement issued...
FTN Cocoa Processors Plc delivered a notable operational recovery, marking one of the strongest year-on-year turnarounds among listed agro-processing companies. The company’s share price rose sharply...
The World Bank has approved $50 million in financing to support the expansion of solar-powered agricultural solutions in Nigeria and five other African countries, aimed at...
The Federal Government has intensified efforts to reduce Nigeria’s reliance on imported electricity infrastructure by urging stronger collaboration among key power sector agencies to support local...
Nigeria is positioning itself to enter the global urea export market as ongoing investments in the midstream oil and gas sector begin to yield results, according...