The Federal Government has openly held the private concessionaire accountable for the deteriorating state of the Benin-Asaba Expressway, signaling a major policy review of how public-private road projects are awarded and managed across the nation. During an inspection of the…
The Central Bank of Nigeria (CBN), acting on behalf of the Debt Management Office (DMO), returned to the primary market to auction N700 billion in Nigerian Treasury Bills (NTB). This issuance represents a key move in the central bank’s liquidity…
Energy policy remains one of the most sensitive economic issues in modern Nigeria. As household budgets continue to feel the weight of elevated fuel prices and high transportation costs, political leaders are clashing over the best framework to bring relief…
Rising retail fuel price swings across Nigeria have accelerated a major energy transition on the nation’s roads. As pump prices remain volatile following crude oil fluctuations and depot supply adjustments, commercial transporters and private vehicle owners are turning to Compressed…
Navigating the Nigerian capital market requires a mix of patience and sharp timing. After experiencing a brief pullback in June, Nigeria’s equity mutual fund segment staged a notable comeback by the end of July 2026. Net Asset Value (NAV) across…
Nigeria’s pension industry has achieved steady expansion, yet structural coverage gaps persist. Recent regulatory data shows that the National Pension Commission (PenCom) registered 143,248 new Retirement Savings Accounts (RSAs) over the first half of 2026. This brings total registered contributors…
A distinct shift has transformed the Nigerian Exchange (NGX). International capital long considered the primary engine for emerging and frontier market liquidity has largely stepped aside during one of the most explosive equity surges in recent memory. Overseas funds account…
Investing in Nigerian equities requires navigating a fast-moving environment. Over the past year, macroeconomic shifts, regulatory bank recapitalization exercises, and persistent inflation have made stock picking both lucrative and challenging. For many investors, equity mutual funds have served as a…
Financial intelligence disclosures show that tax crimes and fraud led the nation’s illicit financial activities throughout 2025. The latest annual report from the Nigerian Financial Intelligence Unit (NFIU) highlights how financial fraud, tax evasion, and digital scams accounted for the…
The Nigerian equities market experienced a sharp reversal after hitting record highs earlier in August 2026. A broad-based NGX sell off wipes N5.9 trillion from aggregate market capitalization across consecutive trading sessions, driven by heavy profit-taking among major institutional investors.…
As the English Premier League season kicks off, thousands of DStv GOtv subscribers face activation delays across Nigeria. Pay-TV customers attempting to renew their accounts faced payment processing glitches, delayed error code clearing, and slow signal restoration right before match…
OpenAI has introduced a powerful desktop update allowing its flagship AI assistant to integrate directly with Apple Messages on Mac computers. As ChatGPT gains access to Apple Messages, users can now draft replies, summarize lengthy chat threads, and search message…
In a dramatic shift of fortune across West African financial markets, the Femi Otedola net worth surge has brought the Nigerian industrialist within striking distance of the $2 billion mark. His total net worth reached an estimated $1.8 billion following…
Lagos State is making its boldest move yet to overhaul its public transportation grid. Under the Bus Industry Transition Programme (BITP), government officials signed a landmark agreement with transport unions to phase out the iconic yellow Danfo buses. The initiative…
Giving directions in Nigeria often involves landmarks like “the blue gate past the second junction.” Starting October 1, 2026, Nigeria launches digital postcode system October 1 operations to replace this informal habit with precision. The Nigerian Postal Service (NIPOST) is…