Economy News
Nigeria’s crude oil sector recorded a steep decline in profitability in 2024, as the country’s gross profit from crude oil and gas sales fell...
Connect with us
Hi, what are you looking for?
Financialslot
- Bank
CBN Issues One-Month Deadline for Mandatory Dual Connectivity on PoS Terminals
Reps Summon Bank CEOs Over Alleged Illegal Charges
CBN: Why the Bank Reference Requirement for Current Accounts Should Be Retired
FCMB Concludes Public Offer, Edges Closer to N500 Billion Recapitalisation Target Ahead of CBN Deadline
CBN Announces Revised Cash Withdrawal Rules Effective January 2026, Ends Special Authorisation Window
- Business
CBN Issues One-Month Deadline for Mandatory Dual Connectivity on PoS Terminals
IATA Forecasts $0.2 Billion Profit for African Airlines in 2026 Amid Passenger Growth
Eterna Plc Launches N21.52 Billion Rights Issue to Fund Expansion and Strengthen Capital Structure
Ellah Lakes’ N235 Billion Public Offer: Strategic Masterstroke or a Costly Leap of Faith?
Dangote Refinery Commits to Supplying 1.5 Billion Litres of Petrol Monthly From December
- Cryptocurrency
CBN–SEC Collaboration Crucial for Effective Crypto Regulation in Nigeria — Okonkwo
Live BTC to NGN Converter: Monica Cash Offers Real-Time Bitcoin-to-Naira Rates and Instant Payouts
Bitcoin Surges to $115,000 as Ethereum Jumps Nearly 7% in Fresh Crypto Rally
Tinubu Urges Judiciary to Embrace Crypto Literacy to Tackle Financial Crimes
Blockchain.com Chooses Nigeria as Its African Headquarters, Pursues SEC License to Deepen Crypto Operations
- Finance
Fed Rate Cut Likely, but Hawkish Messaging and Inflation Risks Cloud the Outlook
Dangote Calls for Probe as He Questions Alleged $5 Million Swiss School Fees Paid by NMDPRA Boss
2026 Wealth Management Outlook: The New Rules African Families Must Play By
Bosun Tijani Announces Over N6 Billion Funding Commitment for 3MTT as Programme Expands National Footprint
International Energy Insurance Proposes Conversion of N2 Billion Deposit to Equity as Part of Ambitious N17.5 Billion Recapitalisation Drive
- Fintech
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
Nigeria’s Startup Ecosystem Surges as Funding Climbs to $93.4 Million in October 2025
- Health
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
Over Half of Migrant HIV Infections in Switzerland Happen After Arrival — Study
- Insurance
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
NAICOM Calls for Regional Insurance Collaboration to Tackle Climate Finance Gap in West Africa
- 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
ECOWAS to Abolish Air Ticket Taxes from January 2026 in Major Push to Reduce Airfares and Deepen Regional Integration
FG, SEC, and NGX Align Strategy on Capital Gains Tax Reform to Support Market Stability
Nigeria’s New Tax Act May Undermine Business Competitiveness, Investor Confidence — Report
Tinubu Establishes National Tax Policy Implementation Committee Ahead of Nigeria’s 2026 Fiscal Overhaul
Pastors and Imams Must Pay Tax on Salaries — Oyedele Clarifies Amid Nigeria’s Ongoing Fiscal Reforms
Finance
Market expectations are increasingly aligned around the prospect of an imminent US Federal Reserve rate cut, even as policymakers signal caution in their forward...
Government
The Governor of Ebonyi State, Francis Ogbonna Nwifuru, has announced the approval of a ₦150,000 Christmas bonus for all categories of civil servants in...
Finance
Africa’s richest man and President of the Dangote Group, Aliko Dangote, has reignited the debate around transparency and accountability in Nigeria’s oil and gas...
Export-Import
Nigeria’s appetite for imported passenger vehicles reached a new high in the third quarter of 2025, with total imports valued at ₦527 billion, according to...
Stocks
The Nigerian equities market closed the trading session on Friday, December 12, 2025, on a strong bullish note, as renewed buying interest in large-cap...
Stocks
The Nigerian Exchange (NGX) closed Monday’s trading session in negative territory, extending the market’s recent losing streak as profit-taking and cautious sentiment dragged the...
Finance
CardinalStone Partners Limited has reiterated its confidence in Nigerian Breweries Plc (NB), maintaining a “Buy” recommendation while raising the target price to N82.83, up...
Business
Hydrogen Payment Services Limited, a fast-growing fintech subsidiary of Access Holdings, has reported a remarkable N966 million profit before tax for the first half...
Economy News
Prominent legal scholar and former President of the Nigerian Bar Association (NBA), Dr. Olisa Agbakoba, SAN, has called for urgent and comprehensive reforms in...
Export-Import
U.S. President Donald Trump has reignited debate over his trade policies after proposing a $2,000 “dividend” payment to most Americans, funded by tariffs collected...
Fintech
In a landmark development for Nigeria’s digital economy, leading fintech company PalmPay and Wema Bank Plc have successfully completed the first-ever live transaction on...
Economy News
The Lagos State Government has made a notable comeback to Nigeria’s domestic debt market with plans to raise up to ₦200 billion through a...
Finance
The Nigerian stock market wrapped up the first week of November 2025 on a bearish note, as renewed selling pressure weighed heavily on key...
Economy News
The Federal Executive Council (FEC) has approved three landmark policies aimed at accelerating Nigeria’s transition into a digital and knowledge-driven economy, in what government...