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Crude theft surges in Q4 despite record N8.67 trillion security spending

At the current reference price of $100.12 per barrel, the 3.33 million barrels crude theft would amount to approximately N448bn loss to the country ABUJA...

Oyedele: Technology holds key to Nigeria’s economic transformation

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has identified investment in technology and digital infrastructure as critical to Nigeria’s...

Nigeria’s private sector growth strengthens in October as PMI rises to 53.2 points

All five component indices remained above the 50-point threshold, reflecting improvements in production, new orders, employment, raw materials inventory and suppliers' delivery time. Nigeria’s private...

Tinubu seeks senate approval for fresh N10.79trn foreign loan as Nigeria’s debt hits N166.79trn

In dollar terms, however, the country's debt stock increased from approximately $113.42 billion in June 2023 to $120.93 billion in June 2026, reflecting a...

NNPC eyes 5%–10% stake sale through proposed IPO

The Nigerian National Petroleum Company Limited (NNPC Ltd.) is considering selling between 5% and 10% of its shares to the public through a proposed...

FirstHoldCo surpasses GTCO in nine-month gross earnings and pre-tax profit

FirstHoldCo Plc recorded higher gross earnings and profit before tax than Guaranty Trust Holding Company (GTCO) Plc in the nine months ended September 30,...

Trump ends billions in US military aid to Israel, ending decades-long assistance

US President Donald Trump has announced plans to end America's annual military assistance to Israel by the end of 2026, signalling a potentially significant...

OPay Raises $304m in landmark NYSE debut, hits $4bn valuation

Nigeria-focused fintech giant OPay has made a major leap onto Wall Street, raising $304 million in an initial public offering that values the digital...

Mapo Hall controversy: Makinde reverses denial, orders venue released to APC for Tinubu rally

A controversy over the use of the historic Mapo Hall in Ibadan for President Bola Tinubu’s re-election campaign took a fresh turn on Tuesday...

University don disowns NDC campaign council appointment, says he was not consulted

A professor at Benue State University, Makurdi, Yakubu Ochefu, has rejected his inclusion in the National Campaign Council of the Nigeria Democratic Congress (NDC),...

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