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Thu, 04 Jun 2026 06:03:57 +0100

IATA Warns Jet Fuel Price Volatility Strains Airlines With Limited Hedging Options The global aviation industry is confronting significant financial strain as jet fuel price volatility intensifies, with the International Air Transport Association […]

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Thu, 04 Jun 2026 06:03:46 +0100

IFC, NGX Group, and LCCI Launch Nigeria Gender Country Program to Boost Women’s Leadership The International Finance Corporation (IFC), Nigerian Exchange Group (NGX Group), and the Lagos Chamber of Commerce and Industry (LCCI) have jointly launched the […]

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Thu, 04 Jun 2026 06:03:35 +0100

AI Data Centers Set to Triple Power Consumption by 2030, Outpacing Nigeria, Pakistan, and Bangladesh Combined Global data centers are projected to consume nearly three times the combined annual electricity of Nigeria, Pakistan, and Bangladesh by 2030, according to a United […]

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Thu, 04 Jun 2026 06:03:25 +0100

Nigerian Stocks Shed N2.28 Trillion as Bearish Run Extends to Third Day The Nigerian equities market continued its downward trajectory for a third consecutive session on Wednesday, as sustained selloffs erased N2.28 trillion from […]

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Thu, 04 Jun 2026 06:03:15 +0100

Nigeria Manufacturing Capital Inflows Plunge 50.7% to $152.3 Million in Q1 2026 Despite Overall Import Surge Nigeria’s manufacturing sector experienced a steep decline in foreign capital inflows during the first quarter of 2026, even as overall capital importation into the c […]

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Sat, 30 May 2026 06:22:26 +0100

Nigerian Breweries Appoints Nkechi Runsewe as New Human Resources Director Nigerian Breweries Plc, the foremost brewing company in Nigeria, has announced the appointment of Nkechi Runsewe as its new Human Resources Director, effective August […]

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Sat, 30 May 2026 06:22:15 +0100

CBN Extends PoS Geo-Fencing Enforcement Deadline to August 1, 2026 With Expanded Radius The Central Bank of Nigeria (CBN) has rescheduled the enforcement of its mandatory Point of Sale (PoS) terminal geo-fencing framework to August 1, 2026, while […]

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Sat, 30 May 2026 06:22:05 +0100

Nigerian Exchange Ends May 2026 Up 3.35 Percent, Recording Weakest Monthly Gain of the Year The Nigerian Exchange concluded May 2026 with a positive performance, recording a 3.35% gain—the smallest monthly increase observed so far in the year. According to t […]

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Sat, 30 May 2026 06:21:54 +0100

Nigeria Revenue Service Tax Disputes 2026: Companies and States Fighting NRS in Court Central to Nigeria’s tax ecosystem is the Federal Inland Revenue Service (now the Nigeria Revenue Service), the nation’s apex tax regulator. The agency helped the nat […]

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Sat, 30 May 2026 06:21:44 +0100

Dangote Sugar N486 Billion Rights Issue: Key Details on the Recapitalization Offer for Shareholders Dangote Sugar Refinery Plc has launched a N485.88 billion rights issue, offering existing shareholders the opportunity to acquire additional shares. The offer, which […]

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Mon, 25 May 2026 06:06:36 +0100

Top 10 NGX Manufacturers Spend N2.24 Trillion on Operations in 2025, Up 3.46% Year-on-Year The top 10 manufacturing companies listed on the Nigerian Exchange (NGX) collectively spent N2.24 trillion on operating expenses in 2025, reflecting a 3.46% […]

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Mon, 25 May 2026 06:06:25 +0100

CBN Mops Up N3.69 Trillion in Single-Day Aggressive OMO Auction, Tightens Liquidity The Central Bank of Nigeria (CBN) executed one of its most aggressive single-session Open Market Operations (OMO) auctions on May 21, 2026, absorbing a combined N3.692 […]

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Mon, 25 May 2026 06:06:13 +0100

Nigeria’s Top Agribusiness Founders Under 40 Driving Agricultural Growth in 2025 Nigeria’s agricultural sector remains a cornerstone of the economy, employing over a third of the labor force and contributing significantly to non-oil GDP growth. A […]

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Mon, 25 May 2026 06:06:01 +0100

Tinubu Admits Nigerians Struggle With Rising Costs Despite Three Years of Economic Reforms President Bola Tinubu has acknowledged that many Nigerians continue to experience significant hardship due to rising living costs and ongoing economic adjustments, […]

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Mon, 25 May 2026 06:05:48 +0100

NCAA Suspends No Pay No Service Directive for 11 Indebted Airlines Over Unpaid Remittances The Nigeria Civil Aviation Authority (NCAA) has temporarily suspended enforcement of its “no pay, no service” directive against 11 domestic airlines over unpaid sta […]

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Wed, 13 May 2026 20:04:54 +0100

Nigeria’s FX Inflows Hit $112 Billion in 2025 as Autonomous Sources Dominate Market Nigeria’s foreign exchange market experienced a decisive structural shift in 2025, with autonomous sources—private capital flows operating outside the Central Bank of […]

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Wed, 13 May 2026 20:04:44 +0100

World Bank and NUC Sign $65 Million Deal to Benefit 24,000 Nigerian Students The National Universities Commission (NUC) has confirmed that at least 24,000 Nigerians will benefit from a new $65 million funding phase under the World Bank-supported […]

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Wed, 13 May 2026 20:04:34 +0100

SEC Data and AI Revolution: How Intelligent Investing Is Reshaping Nigeria’s Capital Market The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has announced that Nigeria’s capital market is embedding data, artificial i […]

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Wed, 13 May 2026 20:04:23 +0100

CEOs Behind Nigeria’s Most Profitable Manufacturing Companies in 2025: Record Profits Amid Economic Pressure Nigeria’s manufacturing sector delivered a robust earnings performance in 2025, with a select group of industry leaders driving record profitability despite p […]

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Wed, 13 May 2026 20:04:12 +0100

Nigerian All-Share Index Breaches 252,500 as First HoldCo Leads Market Activity The Nigerian equities market extended its positive trajectory on Wednesday, 13 May 2026, as the All-Share Index breached the 252,500 threshold, closing at 252,508.2 […]

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Wed, 08 Apr 2026 20:35:54 +0100

HabariPay Profit Soars 155% to N9.7 Billion in 2025 GTCO Fintech Results Guaranty Trust Holding Company’s fintech subsidiary, HabariPay, has announced a substantial leap in profitability for the 2025 financial year. According to the recently […]

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Wed, 08 Apr 2026 20:35:36 +0100

Why Your Nigerian Pension Plan Cant Wait: Securing Your Financial Future Now For many Nigerians, the concept of a pension is relegated to a distant future concern. However, in the current economic climate, postponing pension planning is a […]

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Wed, 08 Apr 2026 20:35:16 +0100

World Bank Cuts Sub-Saharan Africa 2026 Growth Forecast Amid Iran War Fallout The World Bank has revised its economic growth projection for Sub-Saharan Africa downward, citing persistent external headwinds. In its latest assessment, the […]

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Wed, 08 Apr 2026 20:34:58 +0100

Trump Announces 50% Tariffs on Nations Supplying Weapons to Iran In a significant move with major implications for international trade and diplomacy, the United States has announced stringent new economic measures. President Donald […]

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Wed, 08 Apr 2026 20:34:40 +0100

NGX All-Share Index Gains 0.28% as Trading Volume Surpasses 1 Billion Shares The Nigerian equities market sustained its positive momentum on Tuesday, April 8, 2026, as the NGX All-Share Index advanced by 0.28%. The benchmark index closed at […]

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Fri, 03 Apr 2026 20:17:24 +0100

SWOOT Stocks Surge: N27.45 Trillion Capital Gains Recorded in Q1 2026 on NGX The elite cohort of companies listed on the Nigerian Exchange (NGX) with valuations exceeding one trillion Naira, known as SWOOTs, reported a record N27.448 trillion in […]

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Fri, 03 Apr 2026 20:17:06 +0100

Lagos Island Road Closures for Fanti Carnival 2026: Key Routes and Dates The Lagos State Government has announced planned road closures on Lagos Island this coming Monday, April 6, 2026, to accommodate the staging of the annual Fanti […]

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Fri, 03 Apr 2026 20:16:50 +0100

NRS Now Collects Mineral Royalties Under Nigerias 2025 Tax Laws In a significant shift for Nigeria’s mining sector, the Nigeria Revenue Service (NRS) has formally assumed responsibility for collecting mineral royalties from […]

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Fri, 03 Apr 2026 20:16:32 +0100

Consolidated Hallmark Profit Drops 65% Despite Strong Insurance Underwriting Consolidated Hallmark Holdings Plc (CHH) has disclosed a severe 65% contraction in its full-year profit for 2025. This sharp decline underscores a challenging period […]

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Fri, 03 Apr 2026 20:16:12 +0100

Wema Banks Audited 2025 Profit Soars to N221.8 Billion on Loan and Investment Growth Wema Bank Plc has released its audited financial results for 2025, confirming a substantial profit before tax of N221.8 billion. This figure, closely aligning with the […]

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Sun, 29 Mar 2026 20:04:38 +0100

Foreign Outflows on NGX Rise to N72.32bn Despite Improved Inflows in February 2026 New data from the Nigerian Exchange Limited (NGX) reveals a complex picture of foreign investor activity for February 2026. While inflows showed improvement, foreign […]

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Sun, 29 Mar 2026 20:04:16 +0100

From Absence to Influence: 7 Nigerian Women Leading Global Corporations The landscape of global corporate leadership has undergone a significant transformation over the past two decades. In 2005, a mere eight women led Fortune 500 […]

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Sun, 29 Mar 2026 20:03:58 +0100

Nigerias Health Sector Leaders: Top 10 Women Driving Change Amid Funding Gaps Nigeria’s health sector navigates a complex landscape of profound challenges and transformative innovation. Systemic underfunding persists, with the 2024 federal health […]

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Sun, 29 Mar 2026 20:03:39 +0100

President Tinubu Donates Full Salary to Support Nigerian Soldiers and Families In a significant gesture marking his 74th birthday, President Bola Ahmed Tinubu has announced the donation of his entire presidential salary accrued since taking […]

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Sun, 29 Mar 2026 20:03:21 +0100

How FirstBank is Redefining Sustainability and ESG in Nigeria In the financial sector, the concept of sustainability has evolved far beyond a mere buzzword. First Bank of Nigeria Limited, a cornerstone institution with over a […]

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Sat, 28 Mar 2026 07:48:37 +0100

Nigeria Addresses Therapy Shortage: Federal Government Launches New Education Committee In a decisive move to confront a critical healthcare deficit, the Federal Government of Nigeria has established a high-level committee dedicated to expanding the […]

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Sat, 28 Mar 2026 07:48:14 +0100

NSIB Workshop Tackles Aviation Evidence Integrity and Mental Health in Lagos The Nigerian Safety Investigation Bureau (NSIB) has successfully concluded a landmark stakeholder workshop in Lagos, marking a significant step forward for aviation […]

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Thu, 19 Mar 2026 06:29:01 +0100

US Eases Venezuela Oil Sanctions to Address Global Crude Shortage In a significant shift of policy, the United States has moved to ease financial restrictions on Venezuela’s state-owned oil enterprise, Petróleos de Venezuela (PDVSA). […]

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Thu, 19 Mar 2026 06:28:34 +0100

Ogun State Factories Shut Down Over Deadly Safety Violations In a decisive enforcement action, the Federal Government has mandated the immediate closure of three manufacturing facilities in Ogijo, Ogun State. The shutdown was […]

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Thu, 19 Mar 2026 06:28:09 +0100

Nigerias Current Account Surplus Plummets 65% in Q4 2025: CBN Data Reveals External Strain New data from the Central Bank of Nigeria (CBN) reveals a significant contraction in the nation’s external account, underscoring mounting pressures from global trade […]

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Thu, 19 Mar 2026 06:27:39 +0100

NRC Adds Extra Sallah Train Trips on Lagos-Ibadan and Abuja-Kaduna Routes In anticipation of the significant passenger surge during the Sallah festivities, the Nigerian Railway Corporation (NRC) has implemented a strategic expansion of its […]

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Thu, 19 Mar 2026 06:27:11 +0100

EFCC Recovers and Returns N3.9 Billion to NNPCL in Fraud Case In a significant move underscoring the ongoing fight against financial crime within Nigeria’s critical sectors, the Economic and Financial Crimes Commission (EFCC) has […]

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Sat, 14 Mar 2026 06:08:27 +0100

Naira Rebounds to N1,363.5/$: Weekly Forex Recovery and CBN Market Update The Nigerian Naira concluded a week of notable volatility with a firm recovery, closing at N1,363.5 per US Dollar in the official foreign exchange market on Friday. […]

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Sat, 14 Mar 2026 06:08:03 +0100

NDPC Warns Content Creators: Respect Privacy Laws and Avoid Filming Without Consent The Nigeria Data Protection Commission (NDPC) has issued a formal advisory to digital content creators, cautioning them against the unauthorized filming and […]

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Sat, 14 Mar 2026 06:07:37 +0100

FAAC Distributes N1.894 Trillion February Revenue to FG, States, and LGs The Federation Account Allocation Committee (FAAC) has concluded its March 2026 meeting, approving the distribution of a total sum of N1.894 trillion in federally […]

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Sat, 14 Mar 2026 06:07:15 +0100

Bolt Drivers in Lagos Protest Unsustainable Fares and Poor Working Conditions Drivers for the Bolt ride-hailing platform in Lagos are voicing significant distress over deteriorating working conditions and fare structures they deem unsustainable. […]

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Sat, 14 Mar 2026 06:06:49 +0100

Delta State Approves N34 Billion for New Police Divisional Headquarters Across 25 LGAs The Delta State Executive Council has sanctioned a substantial investment of N34 billion for the construction of modern police divisional headquarters across all 25 […]

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Sat, 07 Mar 2026 20:01:24 +0100

Anambra Manufacturers Seek Gas Transition to Tackle High Diesel and Fuel Costs Manufacturers in Anambra State are raising urgent concerns over the escalating cost of fuel and diesel, which is severely impacting daily production operations. The […]

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Sat, 07 Mar 2026 20:00:59 +0100

Atiku Camp Accuses Bwala of Requesting False Narrative Against Tinubu Government The media office of former Vice President Atiku Abubakar has issued a sharp rebuke to President Bola Tinubu’s spokesperson, Daniel Bwala, accusing him of political o […]

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Thu, 26 Feb 2026 20:01:56 +0100

UK Study Visas to Nigerians Surge 59% in 2025: Key Trends and Numbers The United Kingdom has witnessed a significant surge in study visa grants to Nigerian nationals, according to the latest official immigration statistics. In the year […]