Nigerpress | Site-Wide Activity

News Press wrote a new post

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% […]

News Press wrote a new post

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 […]

News Press wrote a new post

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 […]

News Press wrote a new post

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, […]

News Press wrote a new post

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 […]

Askgidi wrote a new post

Sun, 24 May 2026 06:02:47 +0100

Why African Capital Markets Must Embrace the Creative Economy, Says NGX Chairman The Chairman of Nigerian Exchange Group, Alhaji Umaru Kwairanga, has urged African capital markets and financial institutions to look beyond traditional sectors such as […]

Askgidi wrote a new post

Sun, 24 May 2026 06:02:36 +0100

Lagos GIS Mapping and House Numbering Set to Boost PropTech Adoption, Says Roland Igbinoba Lagos State’s geographic information system (GIS) mapping and house numbering initiatives are set to accelerate the adoption of property technology (PropTech) as the r […]

Askgidi wrote a new post

Sun, 24 May 2026 06:02:25 +0100

10 Diaspora Nigerians Reshaping Global Industries in 2026 For decades, the narrative of Nigerian success abroad was often confined to familiar archetypes: physicians in the United States, academics in the United Kingdom, […]

Askgidi wrote a new post

Sun, 24 May 2026 06:02:13 +0100

VFD Group Insiders and Related Parties Acquire Millions of Shares Ahead of 2026 AGM Between late April and mid-May 2026, a series of insider dealing disclosures filed with the Nigerian Exchange (NGX) revealed that directors, employees, and related […]

Askgidi wrote a new post

Sun, 24 May 2026 06:02:01 +0100

Top 10 Airlines in Africa by Seat Capacity for May 2026 The African aviation sector demonstrated sustained momentum in May 2026, propelled by robust passenger demand, network restoration, and enhanced connectivity across […]

Habeeb biodun bamigboye wrote a new post

Sat, 16 May 2026 20:09:32 +0100

Africa’s Busiest Airports in May 2026: Top 10 Rankings Revealed Africa’s aviation market continues to experience steady expansion, driven by rising demand for both regional and international air travel across the continent. A […]

Habeeb biodun bamigboye wrote a new post

Sat, 16 May 2026 20:09:23 +0100

7 Bills That Could Reshape Nigeria’s Business Environment in 2026 The federal legislative arm of government plays a central role in enacting laws and driving reforms that can either foster or hinder investment in a host country. This […]

Habeeb biodun bamigboye wrote a new post

Sat, 16 May 2026 20:09:12 +0100

How Otedola Is Driving a Governance Reset at FirstBank to Rebuild Trust For a 132-year-old institution that has undergone multiple transformations since its establishment in 1894, the heart of its operations—as it continues to adapt to i […]

Novagist wrote a new post

Fri, 15 May 2026 20:08:09 +0100

REA, FCMB, and Partners Launch $188 Million Green Fund to Finance 191MW Solar Capacity The Green Finance Investment Facility (GFiF), a blended finance platform designed to mobilize large-scale private and institutional investment into distributed […]

Novagist wrote a new post

Fri, 15 May 2026 20:07:58 +0100

See the Registrars handling May 2026 dividend payments As companies listed on the Nigerian Exchange (NGX) prepare for their May 2026 dividend payments, shareholders are advised to note the registrars handling these […]

Novagist wrote a new post

Fri, 15 May 2026 20:07:47 +0100

JAMB Opens 2026 UTME Change of Institution and Course Application for Candidates The Joint Admissions and Matriculation Board (JAMB) has officially commenced the process for change of institution and course for candidates who participated in the […]

Novagist wrote a new post

Fri, 15 May 2026 20:07:38 +0100

CBN Launches 4th Edition FX Manual: New Reforms Boost Transparency and Market Confidence The Central Bank of Nigeria (CBN) has officially unveiled the 4th Edition of its Foreign Exchange (FX) Manual, a strategic move designed to bolster transparency, […]

Novagist wrote a new post

Fri, 15 May 2026 20:07:28 +0100

Seplat Confirms N1,370.89/$ Exchange Rate for FY2025 Dividend Worth Over N68 Billion Seplat Energy Plc has officially confirmed the exchange rate applied to its full-year 2025 final and special dividends, both denominated in US dollars. In a disclosure […]

Nigerpost wrote a new post

Thu, 14 May 2026 20:06:30 +0100

OPEC+ Plans Gradual Oil Quota Hikes to Restore 1.65 Million Bpd Cuts by September OPEC+ is advancing a phased strategy to restore oil production quotas, targeting the full reinstatement of 1.65 million barrels per day (bpd) in cuts by the end of […]

Nigerpost wrote a new post

Thu, 14 May 2026 20:06:19 +0100

Facebook Celebrates African Cinema in New Made By Africa Campaign Ahead of Africa Day 2026 Meta has launched the sixth edition of its pan-African campaign, “Made by Africa, loved by the world: Where stories spark community,” ahead of Africa Day on May 25, […]

Nigerpost wrote a new post

Thu, 14 May 2026 20:06:09 +0100

PenCom Grants PFAs Special Waiver to Invest Pension Assets in Dangote Refinery IPO The National Pension Commission (PenCom) has issued a special regulatory waiver permitting Pension Fund Administrators (PFAs) to invest pension assets in the upcoming […]

Nigerpost wrote a new post

Thu, 14 May 2026 20:05:59 +0100

FirstBank Nigeria Appoints Dr. Julius Omodayo-Owotuga as Executive Director to Strengthen Leadership FirstBank of Nigeria Limited, a subsidiary of First HoldCo Plc, has announced the appointment of Dr. Julius B. Omodayo-Owotuga as an Executive Director, effective May […]

Nigerpost wrote a new post

Thu, 14 May 2026 20:05:48 +0100

Nigerians Now Consume 45,800 Terabytes of Data Daily, NCC Reveals in New Report The Nigerian Communications Commission (NCC) has disclosed that Nigerians now consume approximately 45,800 terabytes of data daily, underscoring the nation’s […]

News Press wrote a new post

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 […]

News Press wrote a new post

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 […]

News Press wrote a new post

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 […]

News Press wrote a new post

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 […]

News Press wrote a new post

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 […]

Askgidi wrote a new post

Tue, 12 May 2026 20:02:34 +0100

First Bank Director Anil Dua Acquires N177.9 Million in First HoldCo Shares First HoldCo Plc has disclosed that Anil Dua, a non-executive director on the board of its banking subsidiary, First Bank of Nigeria, acquired shares valued at N177.9 […]

Askgidi wrote a new post

Tue, 12 May 2026 20:02:22 +0100

Celebrating 30 Years of Jackson, Etti & Edu: From Vision to Institution Marking three decades of institutional growth, Jackson, Etti & Edu reflects on a journey defined by endurance, quiet determination, and a steadfast belief that what is […]

Askgidi wrote a new post

Tue, 12 May 2026 20:02:09 +0100

Nigeria’s Oil Production Rebounds to 1.66mbpd in April, NUPRC Reports Strong Upstream Growth The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported a notable rebound in the country’s oil production for April 2026, with combined daily o […]

Askgidi wrote a new post

Tue, 12 May 2026 20:01:58 +0100

CWG Plc N8.98 Billion Off-Market Block Trade Raises Questions in Curious Deal CWG Plc has recorded a significant off-market block trade valued at N8.98 billion, executed on Tuesday, May 12, 2026. The transaction involved 429,664,606 shares of the […]

Askgidi wrote a new post

Tue, 12 May 2026 20:01:46 +0100

FCCPC Calls for Stronger Consumer Safeguards Amid Lagos Electricity Supply Challenges The Federal Competition and Consumer Protection Commission (FCCPC) has called for enhanced consumer safeguards to address ongoing electricity supply challenges in Lagos […]

Habeeb biodun bamigboye wrote a new post

Tue, 12 May 2026 17:40:22 +0100

Shoppoint’s Billion Receipts Initiative Offers ₦10 Million Prize to Digitize Offline Consumer Spending in Nigeria Shoppoint, the everyday spending rewards platform established in 2023, has unveiled the Billion Receipts Initiative, a nationwide public-interest mission to digitize […]

Habeeb biodun bamigboye wrote a new post

Tue, 12 May 2026 17:40:09 +0100

How AI Is Reshaping Hiring Priorities for Nigerian Startups, Founders Reveal As global anxieties over artificial intelligence displacing human labor intensify, Nigerian founders and startup operators report that AI is not necessarily eliminating […]

Habeeb biodun bamigboye wrote a new post

Tue, 12 May 2026 17:39:54 +0100

South Africa Unemployment Rate Hits 32.7% in Q1 2026 as Job Losses Mount Statistics South Africa has reported a further deterioration in the country’s labour market, with the official unemployment rate rising to 32.7% in the first quarter o […]

Habeeb biodun bamigboye wrote a new post

Tue, 12 May 2026 17:39:40 +0100

MTN Nigeria Returns to Profitability With N1.7 Trillion Record Profit Driven by FX Stability and Data Growth Analysts have attributed MTN Nigeria’s return to profitability to improved foreign exchange dynamics and a strong shift toward data and fintech services. The company s […]

Habeeb biodun bamigboye wrote a new post

Tue, 12 May 2026 17:39:26 +0100

Nigerian Breweries and Nestlé Recovery: Are These Stocks Still a Buy in 2026?Nigerian Breweries Plc and Nestlé Nigeria Plc, two prominent consumer goods entities listed on the Nigerian Exchange (NGX), have released their 2025 audited results, […]

Novagist wrote a new post

Mon, 20 Apr 2026 06:03:09 +0100

Trump Threatens to Destroy Irans Power Plants and Bridges If Negotiations Fail In a significant escalation of rhetoric, former U.S. President Donald Trump issued a stark warning to Iran ahead of critical diplomatic talks. Via a post on his Truth […]

Novagist wrote a new post

Mon, 20 Apr 2026 06:02:43 +0100

The Women Driving Tinubus Economic Reset: 16 Key Leaders in Nigerias Administration Since his inauguration in 2023, President Bola Ahmed Tinubu has enacted one of Nigeria’s most significant economic reform agendas in recent times. This has included the […]

Novagist wrote a new post

Mon, 20 Apr 2026 06:02:15 +0100

Federal Government Refutes Claims of Hidden Spending in World Bank Report The Federal Government has issued a formal rebuttal to allegations of concealed expenditures within the federation account, claims which arose from interpretations of a […]

Novagist wrote a new post

Mon, 20 Apr 2026 06:01:45 +0100

CPPE Urges 5% Solar Import Duty and VAT Waiver to Boost Renewable Energy in Nigeria In a formal policy intervention, the Centre for the Promotion of Private Enterprise (CPPE) has called on the Federal Government to implement significant tariff reforms […]

Nigerpost wrote a new post

Sat, 18 Apr 2026 10:03:19 +0100

February 2026 FAAC Allocation: States Share N784.29 Billion as Revenue Rises Nigeria’s Federation Account Allocation Committee (FAAC) disbursed a total of N784.29 billion to the 36 states in February 2026, marking an increase from the previous […]

Nigerpost wrote a new post

Sat, 18 Apr 2026 10:02:50 +0100

Nigerias FX Reserves Decline to $48.6 Billion: A Five-Week Analysis Nigeria’s foreign exchange reserves have registered a notable decline, falling to $48.6 billion as of April 16, 2026. This figure represents a cumulative decrease of […]

Nigerpost wrote a new post

Sat, 18 Apr 2026 10:02:24 +0100

Top 10 Least Indebted States in Nigeria: Fiscal Restraint in 2025 While Nigeria’s aggregate subnational debt increased by 9.89% year-on-year to N4.36 trillion in 2025, a notable cohort of states demonstrated a contrasting fiscal […]

Nigerpost wrote a new post

Sat, 18 Apr 2026 10:02:00 +0100

African Startups Raise $150.5M in March 2026: A Story of Extreme Funding Concentration In March 2026, the African startup ecosystem demonstrated a pronounced trend of capital concentration, securing a total of $150.50 million across 27 disclosed funding […]

Askgidi wrote a new post

Sun, 12 Apr 2026 20:49:11 +0100

Nigerian Airstrike in Yobe: Over 200 Feared Dead After Market Bombing A tragic incident in northeastern Nigeria has resulted in a devastating loss of civilian life, casting a somber shadow over the nation’s security operations. Over two […]

Askgidi wrote a new post

Sun, 12 Apr 2026 20:48:52 +0100

IMF Downgrades Global Growth Outlook Amid U.S.-Iran War Tensions The International Monetary Fund (IMF) is preparing to downgrade its global economic growth outlook, as heightened hostilities between the United States and Iran cast a […]

Askgidi wrote a new post

Sun, 12 Apr 2026 20:48:31 +0100

Nigerias Cash Outside Banks Drops to N5.20 Trillion as Liquidity Pressure Eases Recent data from the Central Bank of Nigeria (CBN) indicates a notable stabilization in the nation’s liquidity cycle. According to the February 2026 Money and Credit […]

Habeeb biodun bamigboye wrote a new post

Sat, 11 Apr 2026 20:47:52 +0100

Solving Lagoss Housing Crisis: Blissvilles Blueprint for Wellness-First, Tech-Enabled Homes For years, the Nigerian property market has faced a significant crisis of confidence, caught between a severe shortage of quality housing and a choice between […]