The NGX enforces discipline as five stockbroking firms receive massive fines for market manipulation The Nigerian stock market is currently witnessing a defining moment in its regulatory journey. In a move that clearly signals the end of business as usual,…
BUA Foods and the puzzle of trading like a high-growth tech giant on the NGX In the fast-paced world of the Nigerian stock market, BUA Foods has remarkably rewritten the rules of corporate scale. In just a short period, it…
NGX bites hard as five stockbroking firms face massive fines for market manipulation The Nigerian Exchange Limited (NGX) has sent a clear message that the era of looking the other way is officially over. In a sweeping move that signals…
Head Of Logistics Department at Action Against Hunger | ACF-International Action Against Hunger is the world’s hunger specialist and leader in a global movement that aims to end life-threatening hunger for good within our lifetimes. For 40 years, the humanitarian…
The delicate dance between Neimeth’s surging stock and its underlying balance sheet realities The Nigerian stock market has a unique way of defying expectations, and currently, the spotlight is firmly on Neimeth International Pharmaceuticals Plc. For any professional editor observing…
Nigeria’s foreign reserves experience a $547 million decline over two weeks in March The financial pulse of the country has registered a notable shift as the Central Bank of Nigeria reported a decline of approximately $547 million in the nation’s…
Mobile network operators have been mandated by the Nigerian Communications Commission to reimburse subscribers in regions where the quality of the network is subpar. Affected consumers would receive airtime credits based on their average spending patterns and their location in…
The Central Bank of Nigeria (CBN) has officially restricted banking services for “chronic defaulters” and large-ticket obligors with non-performing loans. Following comments made by CBN Governor Olayemi Cardoso at the 4th Annual IMF/AFRITAC West 2 High-Level Executive Forum in Abuja,…
CBN Governor Olayemi Cardoso confirms 32 banks have surpassed recapitalization targets ahead of deadline The Nigerian financial sector is witnessing a historic transformation as Governor Olayemi Cardoso announced that 32 banks have already met the Central Bank of Nigeria’s (CBN)…
Tax reform to create opportunities and promote fairness: Minister Wale Edun’s vision for Nigeria The Nigerian economic landscape is currently at a pivotal crossroads, necessitating a bold reimagining of how we generate and distribute national wealth. In a recent address…
Aliko Dangote, the chairman and CEO of the Dangote Group, has cautioned that if the conflict does not subside, Nigeria and other African nations may be forced to implement Covid-era work-from-home regulations. Following a meeting with President Bola Tinubu at…
NNPC projects a 100,000 bpd crude oil production increase to bolster Nigeria’s 2026 energy output The Nigerian National Petroleum Company Limited (NNPC) has signaled a significant turning point for the nation’s energy sector, announcing a projected increase in crude oil…
Nigeria records $31.54 billion in crude oil export revenue for the 2025 fiscal year Nigeria’s economic landscape has received a significant boost as official data confirms that the nation earned a staggering $31.54 billion from crude oil exports throughout 2025.…
Global energy markets on edge as Trump issues 48-hour ultimatum to Iran The world is currently holding its breath as a major geopolitical crisis unfolds in the Middle East, with direct implications for the global economy and Nigeria’s fiscal stability.…
The Tony Elumelu Foundation (TEF) has disclosed plans it will disburse over $16 million to support 3,200 young African entrepreneurs across all 54 countries on the continent in 2026, as the organisation expands partnerships and scales its flagship entrepreneurship programme.…
