The Niger Delta Power Holding Company (NDPHC) is facing severe operational challenges due to a N600 billion debt owed by the Nigerian Bulk Electricity Trading (NBET)...
Foreign portfolio investment in Nigeria’s stock market dropped sharply by 92.39% in April 2025, with inflows declining to N26.64 billion, compared to N349.97 billion in March....
Nigeria can learn valuable lessons from Malaysia and Colombia, two countries that have successfully transformed their palm oil and coffee export industries into global powerhouses. Experts...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced new initiatives aimed at strengthening indigenous capacity and boosting investor confidence in Nigeria’s oil and gas sector....
The Central Bank of Nigeria (CBN) has introduced a draft Baseline Standards for Automated Anti-Money Laundering (AML) Solutions, aimed at strengthening financial institutions’ ability to detect...
The Dangote Petroleum Refinery has announced a fresh reduction in the pump price of Premium Motor Spirit (petrol) across Nigeria, bringing the new rates to between...
The Central Bank of Nigeria (CBN) has injected ₦655.25 billion into the financial system through an Open Market Operation (OMO) auction, aimed at refinancing maturing bills...
The Central Bank of Nigeria (CBN) has released a draft framework aimed at strengthening anti-money laundering (AML) measures within the financial sector. Dated May 20, 2025,...
Fidelity Bank Plc has confirmed that its Managing Director and CEO, Dr. Nneka Onyeali-Ikpe, has acquired 18,000,000 units of the bank’s shares, further increasing her stake...
The Nigerian naira extended its positive momentum on Wednesday, recording gains for the third consecutive day in the official foreign exchange market. The local currency showed...
