Economy News
Nigeria’s external position is expected to strengthen further in 2026, with the country’s current account surplus projected to rise to $18.81 billion, equivalent to 11.16% of...
Connect with us
Hi, what are you looking for?
Financialslot
- Bank
FCMB Posts N200.91bn Pre-Tax Profit in 2025 Results on Strong Interest Income
Moniepoint MFB Processes N412 Trillion Transactions in 2025, Disburses Over N1 Trillion in SME Loans
CBN Urges Nigerian Banks to Act Faster Against Emerging Fraud Threats
CBN auctions N1.15 trillion Treasury Bills amid liquidity surge and rate uncertainty
Microfinance Banks’ Non-Financial Assets Hit Record ₦358.79bn as Sector Balance Sheets Expand
- Business
EFCC Witness Alleges Ngige Awarded N80 Million NSITF Contract Outside Bidding
CBN Approves Temporary Use of Expired NAFDAC Licences for Imports Until February 28
Court Orders Forfeiture of Orlean Invest Jet Over Unpaid N1.04 Billion Customs Duty
Soludo Orders One-Week Closure of Onitsha Main Market Over Continued Sit-at-Home
TikTok Star Khaby Lame Secures $900 Million Commercial Acquisition Deal
- Cryptocurrency
Morgan Stanley moves to launch Bitcoin and Solana ETFs as Wall Street deepens crypto exposure
MEXC Partners with ether.fi to Launch Enhanced Payment Card Offering Up to 4% Cashback and Global Crypto Spending
Crypto Thefts Surge to $3.4 Billion in 2025 as North Korea Dominates Global Attacks
Ghana Parliament Legalises Cryptocurrency as Lawmakers Move to Regulate a Market with Nearly 3 Million Users
CBN–SEC Collaboration Crucial for Effective Crypto Regulation in Nigeria — Okonkwo
- Finance
FAAN Raises Cargo Port Charges to N20 from N7, Effective Immediately
PayPal’s Return Sparks Boycott Calls and Mixed Reactions Among Nigerians
FGN Bond Auction Overshoots N900bn Offer, Allots N1.54trn in January 2026
Currency Outside Nigeria’s Banking System Hits Record N5.4 Trillion at End of 2025
Nigerian Financial Market Liquidity Rises to N2.78 Trillion Despite Central Bank Tightening
- Fintech
SnappyPay Launches in Nigeria After Extensive User Testing, Targets Faster Digital Payments
Bazara Tech Launches Manovar, an AI-Driven Corporate Banking Platform Transforming Enterprise Financial Services in Africa
Why Flexible Payments Are Set to Shape Nigeria’s Black Friday Performance This Year
UAE Launches $1 Billion Artificial Intelligence Initiative to Transform Government Services Across Africa
World Bank Deploys Blockchain-Powered FundsChain System to Strengthen Transparency in Nigeria’s Project Financing
- Health
Avon Medical Invests N200 Million in Advanced ICU to Strengthen Critical-Care Services in Nigeria
United States Commits $2 Billion in Health Grants to Nigeria for 2026–2030
Gombe State Commits N500 Million to Combat Rising Child Malnutrition Through RUTF Programme
Lagos Eyes N400 Billion in Annual Healthcare Funding Through Expanded Insurance Coverage
FG to Release ₦11.99 Billion Within 72 Hours to Settle Doctors’ Outstanding Arrears
- Insurance
NDIC Warns Mandatory Fiscal Deductions Are Weakening Deposit Insurance Fund
IEI Plc Targets N22 Billion Capital Raise as It Enters New Growth Phase Amid Leadership Transition
‘N98 Billion Probe’: Speaker Abbas Seeks Dismissal of Insurers’ CEOs’ Restraining Suit
NEM Insurance Reports ₦75.41 Billion Revenue in Q2 2025 as Nigerian Insurance Sector Hits ₦1.2 Trillion Milestone
Customers Applaud NEM Insurance for Excellent Service, Prompt Claims, and Reliability
- Law
FCCPC Sets January 5, 2026 Deadline for Mandatory Compliance With New Digital Lending Regulations
Receivership Battle: Nestoil Sues Eight Nigerian Banks and Afreximbank to Halt Asset Takeover
PETROAN Warns Against Monopoly Risk as 15% Fuel Import Duty Takes Effect
Maj. Gen. Waidi Shaibu: Nigeria’s Newly Appointed Chief of Army Staff
Speaker Abbas urges Algeria to adopt visa-free policy for Nigerians to enhance trade, education, and research ties
- Tax
Lagos to Seize Unpaid Taxes Directly from Banks, Third Parties Under New Tax Law
KPMG Says Tax Reforms Newsletter Was Meant to Aid Clarity, Not Criticise Government Policy
Nigerian Tax Act 2025 Removes VAT on Gaming Stakes, Clarifies Tax Treatment for Betting Operators
New Tax Laws Clarified: Only Income Is Taxable, Not Bank Inflows — Analyst
House Releases Certified Copies of Four Tax Reform Acts to Quell Controversy and Restore Confidence
Economy News
Private sector credit climbed to N75.8 trillion in December 2025, up from N74.63 trillion in November, signalling a modest rebound in lending activity toward the end...
Economy News
The Kogi State Government has announced plans to raise N50 billion through a sukuk issuance to finance the construction of an international airport and a modern international market, with...
Economy News
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, is set to engage global investors and policymakers at the World Economic Forum (WEF) Annual...
Companies
Prestige Assurance Plc has released its unaudited full-year 2025 financial results, showing a sharp deterioration in profitability despite solid growth in premiums and insurance...
Finance
The Federal Airports Authority of Nigeria (FAAN) has increased cargo port charges from N7 to N20, marking the first upward review of the tariff...
Economy News
The Nigerian Economic Summit Group (NESG) has advised the Federal Government to move quickly on the privatisation of Nigeria’s state-owned refineries, arguing that the...
Economy News
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has projected a significant expansion in economic exchange between Arab and African...
Economy News
The African Development Bank Group (AfDB) has approved a $500 million loan to the Federal Government of Nigeria to advance the second phase of...
Economy News
The food-cost landscape in Lagos remains challenging for many households, but findings from the November 2025 Nairametrics Lagos Market Survey indicate a cautiously improving...
Economy News
The bearish momentum dominating the Nigerian equities market persisted on Thursday, November 20, as the All-Share Index (ASI) declined further, shedding 458.98 points to...
Economy News
The Gombe State Government has unveiled an ambitious plan to generate N39 billion in Internally Generated Revenue (IGR) to support the financing and implementation...
Economy News
Ondo State Governor Aiyedatiwa Presents N492.8 Billion 2026 Budget Focused on Economic Consolidation
Ondo State Governor, Dr. Lucky Orimisan Aiyedatiwa, has unveiled a N492.8 billion Appropriation Bill for the 2026 fiscal year, presenting the proposal to the...
Economy News
Nigeria’s push toward cleaner and cheaper alternative fuels has received a major boost following the conclusion of high-level negotiations between the Midstream and Downstream...
Economy News
The Federal Government has officially launched the 2025/2026 dry-season wheat farming programme under the National Agricultural Growth Scheme and Agro-Pocket (NAGS-AP), setting an ambitious...