With the March 31, 2026 recapitalisation deadline set by the Central Bank of Nigeria (CBN) fast approaching, no fewer than 11 banks are yet to finalise...
Nigeria’s national oil company, Nigerian National Petroleum Company Limited (NNPCL), is facing intensifying financial pressure as mounting inter-company debts threaten to undermine its transition into a...
The Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has outlined a comprehensive roadmap for Nigeria’s telecommunications sector...
As of January 6, 2026, a total of nineteen Nigerian banks have successfully met the Central Bank of Nigeria’s (CBN) recapitalisation requirements, marking a...
The Nigerian Communications Commission (NCC) has disclosed that monthly mobile data consumption in Nigeria surged by about 140 per cent between January 2023 and November 2025,...
The naira is expected to remain under pressure against the United States dollar throughout 2026, with outcomes ranging from moderate depreciation to a more severe weakening...
Nigerian petroleum products marketers have announced plans to further slash the pump price of Premium Motor Spirit (PMS), popularly known as petrol, to around N739...
Dangote Petroleum Refinery has dismissed reports suggesting it was shutting down operations for maintenance, insisting that the facility remains fully operational and continues to supply more...
Nigeria’s proposed new tax regime is facing growing public resistance, not necessarily because of flaws in its design, but due to weaknesses in its rollout that...
Dollar inflows into Nigeria’s official foreign exchange market declined sharply last week, underscoring persistent fragility in foreign investor confidence despite ongoing reforms in the...