World Bank Projects Nigeria’s Economic Growth at 4.4% in 2026–2027

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Despite persistent structural issues, the World Bank has maintained Nigeria's economic growth prediction at 4.4% for 2027, indicating continued optimism about the nation's medium-term...

New NUPRC Boss Promises to Unlock Investments, Stabilize Crude Oil Production

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The appointment of Oritsemeyiwa Eyesan as Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is expected to reposition the commission for improved...

NGX Confirms Listing of 3.156 Billion UBA Shares

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An additional 3.16 billion ordinary shares of United Bank for Africa (UBA) Plc have been accepted by the Nigerian Exchange Limited (NGX) to its...

Credit Access Shrinks as Banks Adapt to Elevated Rate Regime

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Despite the strengthening of external buffers and broader liquidity indicators, the Central Bank of Nigeria's (CBN) extended tight monetary policy is causing early symptoms...

Insurers Warn of Profit Erosion Amid Economic Pressures

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in digital tax reporting sys­tems. Operators without robust in-house tax and compliance infrastructure may face higher operating costs and exposure to penalties. Minimum Effective Tax...

Nigerian Customs Records N2.93 Trillion Revenue From Apapa Port

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The total revenue received by the Nigeria Customs Service (NCS), Apapa Area Port Command, was ₦ 2.93 trillion in 2025, a notable increase of...

NGX Year-to-Date Gains Hit 50% Amid N98.4 Trillion Market Cap

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With fresh investor appetite boosting market capitalization by N542 billion in a single session, the Nigerian stocks market maintained its bullish momentum at the...

Dangote Refinery Shutdown Triggers Petrol Price Increase in Nigeria

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Due to the purported planned shutdown of Dangote Refinery's petrol unit for maintenance and upgrades, a number of Nigerian petroleum product depot owners and...

Fidelity Bank appoints Onwughalu as Chairman following completion of Chike-Obi’s tenure

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Fidelity Bank appoints Onwughalu as Chairman following completion of Chike-Obi’s tenure By NaomiSophyBlog Tier one lender, Fidelity Bank Plc, has announced the completion of the tenure...

Nigerian Stock Exchange Records 50% YTD Gain, Market Cap at N98.4 Trillion

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As renewed investor demand increased market capitalization by N542 billion in a single session, the Nigerian stock market maintained its bullish momentum at the...