As traditional investment channels face increased volatility, Nigerian commercial papers (CPs) are emerging as an attractive short-term, fixed-income option for…
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Navigating Nigeria’s Financial Markets Amid Global Economic Shifts
As global markets grapple with a wave of economic uncertainty from rising interest rates in advanced economies to heightened geopolitical…
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Economic Reforms Boost Nigeria’s Q2 GDP Outlook to 3.2%–3.9%
Nigeria’s economy is expected to expand between 3.2% and 3.9% in the second quarter of 2025, driven by a combination…
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NIGCOMSAT Sets Sights on N8 Billion Boost with Nationwide Broadband Push
The Nigerian Communications Satellite Limited (NIGCOMSAT) is aiming to generate over ₦8 billion in revenue as it intensifies efforts to…
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PepsiCo Expands Footprint with New Chips Plant, Prioritizes Local Sourcing
PepsiCo has announced the opening of a new state-of-the-art chips production facility aimed at increasing local sourcing and boosting regional…
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Nigeria on Path to Boost Crude Production to 2.5 Million Barrels Daily — Federal Government
The Federal Government has reaffirmed its commitment to ramping up Nigeria’s crude oil production, projecting a potential output of 2.5…
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UK Tops Nigeria’s Q1 Capital Inflow Chart with ₦5.5 Trillion Investment
The United Kingdom has emerged as Nigeria’s largest source of capital inflow in the first quarter of 2025, contributing a…
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NNPC Profit Plunges by 80% in July, Drops from N905bn to N185bn
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reported a sharp decline in its profit for the month of…
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Discos Owe N2.6tn, Reps Launch Probe into Power Sector Crisis
Nigeria’s electricity distribution companies (Discos) are currently indebted to the tune of N2.6 trillion within the country’s power value chain,…
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Google, Microsoft, TikTok Block 13.5 Million Accounts in Nigeria Over Policy Violations
Global tech giants Google, Microsoft, and TikTok have collectively blocked over 13.5 million user accounts in Nigeria within a single…
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