News

The Central Bank of Nigeria retained its benchmark interest rate at 26.5%, signalling that the battle against inflation is not yet over despite signs of easing price pressures. Governor Olayemi Cardoso said the MPC remains focused on preserving...

Senator Mohammed Tahir Monguno declares that the Federal Government's failure to implement the 2025 Appropriation Act is a breach of the law and amounts to "an impeachable offence," escalating legislative pressure on the Tinubu administration. The Senate questions...

Retired DSS Director Dennis Amachree Claims He Personally Investigated General Sani Abacha's Death and Interrogated the Pharmacist Who Was With the Former Military Ruler in His Final Moments New Memoir Insists Abacha Died from a Coitus-Induced Cardiac Arrest,...

Federal Government deploys ₦501bn to begin clearing power sector legacy debts, settling ₦333bn owed to eight GenCos operating 17 power plants. Tinubu administration pays first Series I bond coupon of ₦63.5bn on schedule, describing the move as proof...

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 buying interest. Market breadth remained positive with 34 gainers against 22 losers, as investors accumulated...

Nigeria’s airtime credit market is worth hundreds of billions of naira, with millions of users depending on “borrow airtime” services when they run out of credit. A Federal High Court ruling has now clarified who regulates what in...

Federal Government Returns 13 Oil and Gas Blocks to Licensing Pool After They Fail to Attract a Single Investor Bid During the 2025 Licencing Round Only 37 of the 50 Assets Offered Across Seven Sedimentary Basins Secure Commercial...

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 reported a 115 percent increase in profit before tax to ₦13.21 billion, driven by stronger...

Atiku Abubakar Challenges the Tinubu Administration Over the Reported ₦8.05 Billion Allocation for Church and Mosque Projects in the Proposed 2026 Budget, Describing the Spending as a Test of Government's Commitment to Transparency and Accountability Former Vice President...

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 behind only Ghana and outperforming the average return recorded across six leading African exchanges. Strong...