Nigeria’s equities market closed lower on Wednesday after a fresh wave of selloffs dragged several key stocks into negative territory, ending the market’s bullish momentum. The downturn wiped off about …
Nigeria
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BusinessCapital MarketEconomyFinanceINVESTMENTNewsNigeria
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EconomyEnergyEnvironmentGovernanceNewsNigeriaOil & Gas
IEA hails Nigeria’s upstream reforms as NUPRC says PIA boosts transparency
The International Energy Agency (IEA) has applauded the reforms taking place in Nigeria’s upstream petroleum sector, following detailed explanations from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on how the …
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BusinessCourt RulingsEconomyInternationalNigeriaOil & Gas
Indian Court Clears Path for Sandesara Brothers’ $570m Settlement as Their Nigerian Oil Empire Grows
India’s Supreme Court has opened a major legal door for billionaire brothers, Nitin and Chetan Sandesara, after ruling that they can settle one of India’s largest alleged bank-fraud cases by …
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BusinessEconomyEnergyNigeriaOil & GasTrade
Nigeria Cuts Fuel Imports from Malta by 60% as Dangote Refinery Boosts Local Supply
Nigeria’s imports of refined petroleum products from Malta have fallen sharply by 60 percent in 2024, marking a major shift in the country’s downstream fuel supply pattern. The drop comes …
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EconomyForex TradingMarketsMonetary PolicyNigeria
Naira Weakens Across FX Markets Despite Rising External Reserves
The naira recorded another week of negative trading performance as the currency weakened at both the official and parallel foreign exchange markets. At the official Nigerian Foreign Exchange Market, the …
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DevelopmentEducationInnovationNigeriaTechnologyYouth
Nigerian Cloud Engineer Completes 60-Hour Marathon Programming Lesson in Abuja
Nigerian-born cloud engineer Abel Yakubu, who is based in Germany, has completed a 60-hour marathon programming lesson in Abuja, marking a major step toward breaking the Guinness World Record for …
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ElectionsGovernanceNewsNigeriaPolitics
Atiku Abubakar Set to Join ADC Today as Opposition Realignment Gains Momentum Ahead of 2027
Former Vice President Atiku Abubakar is expected to officially register as a member of the African Democratic Congress today, a development that could change the structure of Nigeria’s opposition politics …
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EconomyFinanceGOVERNMENTInfrastructureNigeriaPensionPublic PolicyState News
States Owe Contractors, Retirees N1.06tn Despite Record Revenues — BudgIT
A new report by BudgIT has revealed that states across Nigeria owe contractors and retirees a combined N1.06tn, even though they received record-high revenue allocations in 2024. The figures, contained …
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BusinessDevelopmentEconomyEntrepreneurshipNigeriaYouth
Foundation disburses $180,000 to entrepreneurs
The Mary Ojulary Foundation has disclosed that its financial support to young Nigerian entrepreneurs has now reached $180,000, reflecting its growing commitment to helping small businesses grow across the country. …
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HealthInsuranceNigeriaPolicies
Ultimate Health MD Calls for Nationwide Awareness to Boost Staff Health Insurance Compliance
The Managing Director and Chief Executive Officer of Ultimate Health Management Services, Otunba Lekan Ewenla, has called for a robust nationwide campaign to ensure compliance with the Federal Government’s directive …