The local financial ecosystem is experiencing a major reality check. Recent trading data from the Nigerian Exchange (NGX) reveals that the market has dropped by nearly 9 trillion Naira. This sharp June correction has caught many retail investors off guard.…
Staying online has transformed from a modern luxury into a non-negotiable part of daily life. Fresh telecom market data reveals an aggressive price war brewing among internet service providers across the country. As families look for ways to cut monthly…
A decisive administrative move from the presidency has injected fresh stability into national trade policy. President Bola Ahmed Tinubu has officially extended the tenure of Bashir Adewale Adeniyi, the Comptroller-General of the Nigeria Customs Service (NCS), for an additional six…
Fortis Global Insurance Restructures to Unlock New Corporate Value. The underwriting sector is witnessing a profound tactical transformation. In a decisive operational move, Fortis Global Insurance Plc has officially commenced a thorough share capital reconstruction program. This major corporate overhaul…
Federal Tax Revenues Climb 49% to N15.8 Trillion in Just Five Months The government’s bold economic rebalancing strategy is yielding substantial results in public finance. Fresh data from the Federal Unification Revenue Portal shows that national tax collections surged by…
How Overseas Subsidiaries Threw a N1.9 Trillion Lifeline to Nigerian Banks. The corporate map of African finance is undergoing a historic shift. New full-year balance sheet audits reveal that the regional expansion strategy of our largest commercial lenders has paid…
Federal Government Pledges 1.1 Million Tonnes of Fertilizer to Revolutionize National Crop Yields The federal government is making a major, hands-on intervention to rescue the national agricultural space. President Bola Ahmed Tinubu officially announced that the state will deliver…
The management of Polaris Bank has broken its silence over the recent Lagos fire incident, debunking social media reports claiming that over 34 persons died following the fire outbreak. Recall that the incident incident happened at its Broad Street Branch…
MTN Nigeria CFO Modupe Kadri Acquires Over 275,000 Company Shares A major executive transaction has sparked conversation across the domestic telecommunications market. In an official regulatory filing submitted directly to the Nigerian Exchange Limited, corporate leadership confirmed a significant insider…
Global energy giant, Shell Plc has appointed former Managing Director of Shell Nigeria Exploration and Production Company Limited (SN EPCo), Elohor Aiboni, as its new Executive Vice President and Country Chair, Nigeria. The appointment makes Aiboni the first Nigerian and…
Dangote Petroleum Refinery has announced a fresh reduction in the gantry price of Premium Motor Spirit (petrol) by N75 per litre In a circular to fuel marketers on Monday, the refinery calrified that the adjustment followed the de-escalation of the …
The National Bureau of Statistics (NBS) has stated that Nigeria’s headline inflation rate has risen to 15.93 percent in May 2026. The NBS announced the increase in its consumer price index (CPI) report on Monday. The latest record marks the…
The apex monetary regulator is waging an aggressive battle behind the scenes to safeguard the value of the local currency. Fresh operational data reveals that the Central Bank of Nigeria (CBN) executed a massive cash mop-up, pulling a staggering N6.88…
Industrial Strength: Manufacturing Sector Yields Whopping N329 Billion in Q1 2026 VAT Revenue. The real engine of the nation’s economy is showing incredible resilience despite facing heavy headwinds. Fresh financial data from the National Bureau of Statistics reveals that the…
Public Sentiment: New National Survey Reveals Deep Economic Anxiety Ahead of 2027 Election Cycle Public Sentiment: New National Survey Reveals Deep Economic Anxiety Ahead of 2027 Election Cycle The collective mood across the nation is shifting dramatically as everyday citizens…
