BREAKING NEWS
- Nigeria's Economy is fluctuating
- Tech Business in Nigeria are at an all time high
- Now is the time to buy Nigerian Stocks
- Nigeria's Economy is fluctuating
- Tech Business in Nigeria are at an all time high
- Now is the time to buy Nigerian Stocks
- Nigeria's Economy is fluctuating
- Tech Business in Nigeria are at an all time high
- Now is the time to buy Nigerian Stocks
Economy
10 Stories
Banking
10 Stories
Startups
10 Stories
Energy
10 Stories
Markets
10 Stories
2026 BUDGET: AGENCIES SET ASIDE N400BN FOR MOSQUES, PALACES, HALLS
At least 78 Ministries, Departments and Agencies (MDAs) of the Federal Government have allocated nearly ₦400 billion in the 2026 budget for the construction and rehabilitation of community halls, mosques, traditional rulers' palaces, village market squares and civic centres. An analysis of the budget shows that more than half of…
Iranian Missile Launches Push Oil Prices Higher
Global oil prices climbed by more than three per cent during early Asian trading on Wednesday after the United States military said it intercepted several missiles launched by Iran, heightening concerns over escalating tensions in the Middle East. As of 0015 GMT, US benchmark West Texas Intermediate (WTI) crude gained…
Africa’s Top Economic Leaders Gather in Abuja for Emerging Markets Forum
Senior policymakers, financial experts and business leaders from across Africa have gathered in Abuja for the seventh African Emerging Markets Forum, where discussions are centred on strengthening the continent's resilience amid rising global economic uncertainty. The forum, taking place at the headquarters of the Central Bank of Nigeria (CBN), has…
Measures to combat illicit financial flows
Nigeria continues to suffer significant economic losses from illicit financial flows (IFFs), with an estimated $17.8 billion leaving the country annually, according to recent findings presented at a capacity-building workshop organised by the Africa Network for Environment and Economic Justice (ANEEJ). The organisation revealed that Nigeria lost between $90 billion…
Glo, Samsung Strengthen Partnership with Galaxy Z Fold8 Launch
Digital solutions provider Globacom and global technology company Samsung have reinforced their long-standing partnership with the unveiling of the new Galaxy Z Fold8 Ultra and Galaxy Z Fold8 smartphones. The devices were introduced during an exclusive Masterclass held at Gloworld on Adeola Odeku Street, Victoria Island, Lagos, where both companies…
AMCON Seeks Buyers as NTEL Goes Up for Sale
The Asset Management Corporation of Nigeria (AMCON) has begun the process of divesting its interest in telecommunications company NTEL/NATCOM, describing the firm as one of its most successful asset recovery stories following a major operational turnaround. AMCON's Managing Director and Chief Executive Officer, Gbenga Alade, announced the development during an…
2026 BUDGET: AGENCIES SET ASIDE N400BN FOR MOSQUES, PALACES, HALLS
At least 78 Ministries, Departments and Agencies (MDAs) of the Federal Government have allocated nearly ₦400 billion in the 2026 budget for the construction and rehabilitation of community halls, mosques, traditional rulers' palaces, village market squares and civic centres. An analysis of the budget shows that more than half of…
CWAY Group Announces 2026 Job Recruitment
CWAY Group, a multinational company specialising in the production and wholesale supply of treated water, water dispensers, soft drinks, food and beverages across Africa and Asia, is recruiting qualified candidates for the position of Van Sales Representative in Lagos State. The full-time role is open to candidates with a Bachelor's…
Africa’s Top Economic Leaders Gather in Abuja for Emerging Markets Forum
Senior policymakers, financial experts and business leaders from across Africa have gathered in Abuja for the seventh African Emerging Markets Forum, where discussions are centred on strengthening the continent's resilience amid rising global economic uncertainty. The forum, taking place at the headquarters of the Central Bank of Nigeria (CBN), has…
Measures to combat illicit financial flows
Nigeria continues to suffer significant economic losses from illicit financial flows (IFFs), with an estimated $17.8 billion leaving the country annually, according to recent findings presented at a capacity-building workshop organised by the Africa Network for Environment and Economic Justice (ANEEJ). The organisation revealed that Nigeria lost between $90 billion…
CBN Leaves Interest Rate Unchanged at 26.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the benchmark Monetary Policy Rate (MPR) at 26.5 per cent for the second consecutive meeting. CBN Governor Olayemi Cardoso announced the decision on Tuesday at the end of the committee's 306th meeting in Abuja. According to…
The Rise of Dollar Denominated Petrol
The federal government's naira-for-crude policy appears to be facing a major setback following Dangote Petroleum Refinery's decision to begin selling petroleum products in US dollars, a move that could have far-reaching implications for fuel prices, inflation, transport costs and the value of the naira. Rather than being viewed as a…
CBN’s Cardoso Says Naira Should Compete, Not Be Shielded
Governor, Central Bank of Nigeria, Olayemi Cardoso Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the naira should remain market-driven and competitive rather than being artificially supported, as the apex bank retained its benchmark interest rate and reaffirmed its commitment to reducing inflation to single digits.…
CBN Leaves Interest Rate Unchanged at 26.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the benchmark Monetary Policy Rate (MPR) at 26.5 per cent for the second consecutive meeting. CBN Governor Olayemi Cardoso announced the decision on Tuesday at the end of the committee's 306th meeting in Abuja. According to…
CBN confirms Accountant-General directed opening of PFIPC accounts
The Central Bank of Nigeria (CBN) has confirmed that it opened two domiciliary accounts linked to the controversial Presidential Foreign Investment Promotion Council (PFIPC) following a directive from the Office of the Accountant-General of the Federation (OAGF), but maintained that the accounts were never funded or used. The disclosure was…
CBN Reforms Lift Market Capitalization of GTCO, Zenith, 10 Other Banks to N25.6tn
Investor confidence in Nigeria's banking sector has continued to strengthen following the Central Bank of Nigeria's (CBN) reform measures, driving the combined market capitalization of 12 listed deposit money banks to N25.6 trillion as of July 17, 2026. The figure represents an increase of N9.45 trillion, or 58.6 per cent,…
Access Bank Secures 16 Euromoney Honours for Innovation, Strategy
Lagos, Nigeria – July 17, 2026: Access Bank Plc has earned 16 honours at the prestigious Euromoney Awards for Excellence 2026, marking one of the strongest performances by any African financial institution this year and reinforcing its position as a leading global banking brand. The awards recognize the bank's achievements…
No Posts found
Iranian Missile Launches Push Oil Prices Higher
Global oil prices climbed by more than three per cent during early Asian trading on Wednesday after the United States military said it intercepted several missiles launched by Iran, heightening concerns over escalating tensions in the Middle East. As of 0015 GMT, US benchmark West Texas Intermediate (WTI) crude gained…
Ibom Power MD: N28bn Federal Government Debt Shut Down Nigeria’s Only State-Owned 191MW Plant
Nigeria's only wholly state-owned power plant, Ibom Power Plc, has blamed a N28 billion debt owed by the Federal Government for the prolonged shutdown of its 191-megawatt facility in Akwa Ibom State. Speaking in an interview with Platforms Africa, the Managing Director of Ibom Power, Camillus Umoh, revealed that the…
Sahara Group Urges Financing Model That Reflects Africa’s Energy Transition Realities
Sahara Group has called for a fresh approach to Africa's energy transition, infrastructure financing and energy journalism, urging stakeholders to adopt strategies that reflect the continent's unique realities. The company made the call on Wednesday during the third edition of its thought leadership forum, Asharami Square, themed "Energising Africa's Future:…
31 Firms Awarded Licenses for 37 Oil Blocks
Thirty-one companies have emerged as successful bidders for 37 oil and gas blocks in Nigeria's 2025 Licensing Round following the conclusion of the commercial bid conference held in Abuja. The exercise, organised by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) at the Transcorp Event Centre, attracted 143 companies, which submitted…
Fuel Loading Halted at Dangote Over Dollar Sale Dispute, FG Steps In
Petroleum marketers have slowed fuel purchases amid uncertainty over the Dangote Petroleum Refinery's decision to adopt a dollar-based pricing model for petrol, raising concerns about possible disruptions in supply and higher pump prices. Industry operators said they were taking a cautious approach as they awaited clarity on the refinery's new…
Sahara Group Hosts Asharami Square 3.0 to Advance Africa’s Energy Future
Sahara Group will convene policymakers, investors, industry leaders, and energy experts for the third edition of Asharami Square, its thought leadership platform focused on advancing discussions on Africa's energy future. According to a statement by the company, the event, themed "Energising Africa's Future: Legacy, Impact, and Transformation," will feature a…
No Posts found
2026 BUDGET: AGENCIES SET ASIDE N400BN FOR MOSQUES, PALACES, HALLS
At least 78 Ministries, Departments and Agencies (MDAs) of the...
CWAY Group Announces 2026 Job Recruitment
CWAY Group, a multinational company specialising in the production and...
Iranian Missile Launches Push Oil Prices Higher
Global oil prices climbed by more than three per cent...
Africa’s Top Economic Leaders Gather in Abuja for Emerging Markets Forum
Senior policymakers, financial experts and business leaders from across Africa...
Electoral Reform Bill
Committee Deliberation
Electoral Reform Bill
Committee Deliberation
Electoral Reform Bill
Committee Deliberation
Stay Updated
Subscribe for political headlines, public affairs analysis, and weekly governance updates.