Money Supply Rises to N114tn in March Despite CBN’s Record-High Tightening
Nigeria’s broad money supply jumped to N114.22 trillion in March 2025, despite aggressive tightening by the Central Bank of
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Business
NNPCL Sells Crude Worth N336bn to Dangote, Foreign Refineries in Q1 2025
The Nigerian National Petroleum Company Limited (NNPCL) has earned N336.37 billion from crude oil sales in the first quarter of
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PwC Urges CBN to Keep Tight Monetary Policy to Stabilise Naira and Fight Inflation
PricewaterhouseCoopers (PwC) has advised the Central Bank of Nigeria (CBN) to continue with its tight monetary policy to help stabilise
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Petrol May Drop to N800 as Dangote Cuts Price and Oil Prices Fall
A major shift is on the horizon for Nigerian fuel consumers as the price of petrol could soon drop to
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FirstBank Sponsors Musical Theatre to Promote African Arts and Creativity
FirstBank has reaffirmed its commitment to the Nigerian creative industry by sponsoring a musical theatre performance titled The Jewel, organised
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Nigerians Cry Out as CBEX Allegedly Wipes Out Over N1.3 Trillion in Investor Funds
Many Nigerians have been left devastated after allegedly losing over N1.3 trillion to the sudden crash of the digital investment
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Afreximbank Opens Abuja African Trade Centre to Boost Intra-Africa Business
Afreximbank has officially launched its first African Trade Centre in Abuja, Nigeria, in a major move to grow trade and
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Power Grid Stability Improves as FG Adds 700MW to Transmission Network
The Federal Government of Nigeria has announced a major breakthrough in its efforts to stabilize the country’s power grid by
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Afrimash Introduces USSD Code to Combat Fake Poultry Products
Afrimash, an agritech company, has launched a new USSD service designed to help poultry farmers verify the authenticity of day-old
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VFD Microfinance Bank Reports N366m Profit in 2024 Rebound
VFD Microfinance Bank has made a strong recovery in the 2024 financial year, reporting a profit of N366.6 million, a
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Nigeria Set to Exit FATF Grey List with New Investments and Securities Act
Nigeria is now optimistic about soon being removed from the Financial Action Task Force (FATF) grey list, a significant milestone
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NIMC Warns Nigerians Against Selling Their NIN for Money
The National Identity Management Commission (NIMC) has warned Nigerians not to sell or share their National Identification Numbers (NIN) with
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Dangote Refinery Reduces Petrol Price to N865 per Litre
The Dangote refinery has announced a price reduction for petrol, bringing the ex-gantry cost down to N865 per litre. This
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CBN Injects $197.7m to Stabilize Naira Amid Global Economic Shifts
The Central Bank of Nigeria (CBN) has intervened in the foreign exchange (FX) market by injecting $197.7 million to stabilize
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Ecobank’s Oja Oge to Feature Over 100 Exhibitors in Fashion, Beauty, and Lifestyle
Ecobank Nigeria has announced the second edition of its highly anticipated pop-up marketplace, ‘Oja Oge,’ which will feature over 100
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CBN Denies Report on New N5,000 and N10,000 Banknotes
The Central Bank of Nigeria (CBN) has refuted a circulating report claiming the introduction of new N5,000 and N10,000 banknotes.
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MTN Nigeria Set to Release Audited Report After Board Meeting
MTN Nigeria Plc is set to release its audited financial results for 2024 following a key meeting of its board
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PETROAN Confirms Dangote Refinery Still Selling Fuel in Naira
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has confirmed that Dangote Refinery has not begun selling petroleum
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MTN and Airtel Join Forces to Cut Costs and Expand Network Coverage
MTN Group and Airtel Africa have signed a major network-sharing agreement in Nigeria and Uganda, aiming to reduce operational costs
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Benin and Togo Owe Nigeria $8.8 Million in Electricity Debt
The Federal Government has revealed that Benin Republic and Togo owe Nigeria $8.84 million for electricity supplied in the fourth
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