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Energy sector is the NGX’s weakest performer in 2025, as crude oil prices remain under pressure while the reduction in gasoline imports following the ramp-up of the Dangote Refinery...
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CBN Mandates Universal Foreign Card Acceptance to Boost Tourism

The Central Bank of Nigeria (CBN) has directed banks and non-bank acquirers to configure all automated teller machines (ATMs),...

World Bank Approves $500m Loan to Support Nigeria Small Businesses

The World Bank has approved a $500 million facility for Nigeria to expand longer-term lending to small and medium...

Energy Stocks Set to Finish 2025 as NGX’s Biggest Laggards

Energy sector is the NGX’s weakest performer in 2025, as crude oil prices remain under pressure while the reduction...

From Regional to Alpha: How EnjoyCorp Turned Champion into NGX’s 344% Gainer

The meteoric rise of Champion Breweries Plc has become one of the defining stories of the Nigerian Exchange (NGX)...

US Launches ‘Operation Hawkeye Strike’ in Syria to Avenge Fallen Soldiers

The U.S. military has launched airstrikes against dozens of Islamic State targets in Syria on Friday in retaliation for...

Why Dangote is Bypassing Coastal Depots to Flood Nigeria With Trucked Petrol

Nigeria's 650,000 barrels per day (b/d) Dangote refinery has cut gasoline shipments from its Lekki seaport to prioritize domestic...
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CBN Mandates Universal Foreign Card Acceptance to Boost Tourism

The Central Bank of Nigeria (CBN) has directed banks and non-bank acquirers to configure all automated teller machines (ATMs),...

World Bank Approves $500m Loan to Support Nigeria Small Businesses

The World Bank has approved a $500 million facility for Nigeria to expand longer-term lending to small and medium...

Tinubu Proposes Record ₦58.2 Trillion Budget in High-Stakes Bet on Security

President Bola Tinubu has presented a budget proposal of ₦58.1 trillion for the 2026 fiscal year to a joint...

Food Prices, FX Stability Drive Nigeria November Inflation Below Budget Target of 15%

The recently released CPI data by the National Bureau of Statistics (NBS) indicated that Nigeria's inflation maintained its disinflationary...

Nigeria’s Dollar Reserves Hit $45 Billion, Highest in Six Years as CBN Reforms Reduce Sovereign Risk

The Central Bank of Nigeria’s (CBN) dollar reserves have risen to the highest level in six years on the...

CBN’s New Cash Policy: A Welcome Liberalisation or a Risky Retreat?

BY BLAISE UDUNZE On December 2, 2025, the Central Bank of Nigeria (CBN) announced a policy that significantly departs from...
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