BREAKING NEWS
Stock Market Boom: Investors Gain N29trn In Q1 As Reforms Drive Confidence
Nigeria’s equities market closed the first quarter of 2026 on a strong note, with investors raking in over N29 trillion in gains, buoyed by...
Dangote Refinery Secures $4bn Loan Boost As Afreximbank Leads With $2.5bn Support
The Dangote Petroleum Refinery has secured a $4 billion senior syndicated loan, with African Export-Import Bank underwriting $2.5 billion, marking a major financing milestone...
GTCO Delivers Strong Earnings, Declares N12.76 Dividend As Profit Hits N1.23trn
Guaranty Trust Holding Company has reported solid financial performance for the year ended December 31, 2025, with profit reaching N1.23 trillion and interest income...
Rabiu, Elumelu Strengthen Alliance As BUA Foods Hits Record N1.77tn Revenue
Nigeria’s leading industrialist Abdul Samad Rabiu and business mogul Tony Elumelu are deepening their long-standing partnership to accelerate industrial growth, as BUA Foods posts...
Nigeria’s Oil Exploration Slows As Activity Drops 45% Amid Fewer Rig Deployments
Nigeria’s oil exploration activity declined sharply by 45% month-on-month in February 2026, reflecting reduced upstream operations, according to the Nigerian Upstream Petroleum Regulatory Commission. Data...
DR Congo Ends 52-Year Wait With Dramatic Win Over Jamaica To Seal World Cup Return
The Democratic Republic of the Congo secured a historic place at the 2026 FIFA World Cup after edging Jamaica 1-0 in extra time, marking...
Africa Must Act Fast to Plug $88bn Leak from Illicit Financial Flows
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Olawale Edun, has called for urgent action to curb the estimated $88 billion lost...
FGN Bonds Attract Strong Investor Confidence with 4% Oversubscription in March Auction
Nigeria’s March 2026 bond auction recorded solid investor interest, as the Debt Management Office revealed a 4.28% oversubscription for FGN Bonds. Investors submitted bids totaling...
CBN Tightens Digital Safety Net, Gives Banks And Fintechs 3 Weeks To Boost Cybersecurity Transparency
The Central Bank of Nigeria has directed banks and other financial institutions to submit detailed reports on their cybersecurity frameworks within three weeks, as...
ALGON Pledges Full Implementation Of Tinubu’s Renewed Hope Agenda Across 774 LGAs
ABUJA — Ahead of the 2027 general elections, the Association of Local Governments of Nigeria has pledged full implementation of the Renewed Hope Agenda...
