Latest News
-
111Banking & FinanceCBN Unveils New Forex Manual to Boost Market Liquidity
The Central Bank of Nigeria on Friday launched the fourth edition of its Foreign Exchange Manual, with the revised framework scheduled to...
-
165Economy & MarketInflation Risks Remain Tilted to the Upside
According to the National Bureau of Statistics (NBS), the headline inflation rose for the second month in a row, increasing by 31bps...
-
154Economy & MarketInflation Rises for the Second Consecutive Month to 15.69%
Nigeria’s headline inflation rose by 31bps to 15.69% y/y in April (March: 15.38% y/y). On the other hand, on a month-on-month basis,...
-
694Telecoms & ITTelcos $1b Investments Push Broadband Penetration above 54%
Nigeria’s broadband penetration has risen to 54.3 per cent following increased network expansion and investments by telecommunications operators aimed at deepening the...
-
171Money MarketStocks Drop, Bond Yields Climb on Inflation Woes
Stocks fell with bonds after President Donald Trump said the US doesn’t need to reopen the Strait of Hormuz, deepening concerns in...
-
447Industry & MoneyNEITI Raises Alarm Over Criminal Networks, Revenue Leakages in Mining Sector
The Nigeria Extractive Industries Transparency Initiative (NEITI) has lifted the lid on the scale of illicit financial flows ravaging Nigeria’s mining sector...
-
262Business NewsNigeria, Germany Seal €365m Investment Partnership
Nigeria and Germany have signed a €365m development and investment partnership agreement to support economic growth, energy expansion, agriculture, and private-sector development...
-
260Local NewsNPA: FG’s Reform Powers Trade Growth in Q1 2026
Driven by ongoing port reforms, infrastructure upgrades, and rising export activity, the maritime sector posted strong growth in the first quarter of...
-
233Telecoms & ITTelcos Invested ₦2.5tr in Networks Despite Service Complaints –NCC
The Nigerian Communications Commission has said mobile network operators and tower companies invested about N2.5tn in network infrastructure and upgrades in 2025...
-
623Leadership & ManagementFrance Extends €23b Funding for Africa’s Investment Plan
The French government has unveiled a €23 billion investment package for Africa during the Africa Forward Franco-African Business Forum held in Nairobi....
