NNPCL Faces Scrutiny Over N7.13tn Energy Security Spending

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NNPCL's audited 2024 financial statements have sparked fresh scrutiny after revealing N7.13tn in energy security spending. The ADC and former Vice President Atiku...

Reps Seek Compensation as South African Businesses Shut Over Xenophobic Attacks

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The House of Representatives has launched an investigation into the human and economic losses suffered by Nigerians in repeated xenophobic attacks in South...

FG Targets $1tn Economy with Fresh Business Reforms, Faster Approvals, Investor Push

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PEBEC says reforms have shifted from policy design to execution, with faster approvals, regulatory reforms and digital government services now taking centre stage. ...
Olayemi Cardoso

Cardoso defends crackdown on microfinance banks, gives reason for scarcity of lower naira notes

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The Central Bank of Nigeria says its decision to revoke the licences of 46 microfinance banks was aimed at protecting depositors and strengthening...
Olayemi Cardoso

Cardoso explains CBN’s next move after keeping rates unchanged at 26.5%

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The Central Bank of Nigeria retained its benchmark interest rate at 26.5%, signalling that the battle against inflation is not yet over despite...
NGX-Equities Market -Stocks

Nigerian Stock Market Extends Rally As NGX Adds ₦307bn, Mid-Cap Stocks Sustain Buying Momentum

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NGX gained ₦307 billion as market capitalisation rose to ₦159.119 trillion, while the All-Share Index advanced 0.19 percent to 246,659.56 points on sustained...

Who Controls Borrowed Airtime? – Court Settles FCCPC-NCC Fight Affecting Millions Of Nigerians

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Nigeria’s airtime credit market is worth hundreds of billions of naira, with millions of users depending on “borrow airtime” services when they run...
CSCS

CSCS Declares First-Ever Interim Dividend as H1 Profit Jumps 115%

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CSCS has declared its first-ever interim dividend of ₦1 per share after delivering a record first-half financial performance The capital market infrastructure company...
NGX Nigerian Exchange Group logo with a green geometric emblem and the text ‘Nigerian Exchange Group’ in green on the right.

NGX Emerges Africa’s Second-Best Performing Stock Market With 47.4 Percent H1 Return

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The Nigerian Exchange (NGX) delivered a 47.43 percent return in the first half of 2026, making it Africa's second-best performing major stock market...
Central Bank of Nigeria's logo is seen on the headquarters building in Abuja, Nigeria January 22, 2018. REUTERS/Afolabi Sotunde - RC1D90C799D0

CBN Retains Benchmark Interest Rate at 26.5 Percent

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The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5 percent, extending its cautious monetary policy stance as...