Live intelligence from 10+ verified Nigerian and UK sources
Nigerian banks earned N209 billion from account maintenance fees in the first quarter of 2026, marking a 14% increase. This growth highlights the banks' ability to generate revenue through service charges.
Nigeria's capital imports surged by 84% to $10.37 billion in Q1 2026, primarily due to increased portfolio investments. This significant rise reflects growing investor confidence in the country's economic prospects.
President Tinubu has approved the 2026 oil block licensing round, which is expected to launch in the third quarter. This initiative aims to enhance upstream investment in Nigeria's oil sector.
Freight forwarders at the Seme border are urging a review of vehicle import restrictions due to business collapses and job losses since 2016. They emphasize the need for urgent action to address these challenges.
Nigeria Customs Service and World Bank launch a two-week post-clearance audit mission to strengthen compliance, revenue assurance, and trade facilitation.
NIMASA reaffirms its commitment to advancing African maritime integration, cooperation, and capacity development, strengthening the Blue Economy across the
The Leo Stan Ekeh Foundation (LSEF) has donated a multi-million Naira state-of-the-art AI-tech centre to Holy Ghost College, Owerri, Imo State, during the school’s 77th anniversary celebration. The tech facility,
With Nigeria targeting a $1 trillion economy by 2030, Meta says sustained investments in digital infrastructure, artificial intelligence and connectivity remained critical to unlocking the country’s growth ambitions. In this
Blessing Ibunge in Port Harcourt The Sundry Markets Limited (SML), the operator of the popular Market Square supermarket chain, has said that it has in the past 10 years engaged over 5,000 Nigerian in meaningful
Emma Okonji TheBoardroom Africa, the continent’s pioneering executive search and leadership advisory firm, has released its industry trends report, which identified four structural shifts already shaping capital allocation, regulatory direction,
Emma Okonji Despite assurances from Mobile Network Operators (MNOs) that 5G rollout will be a game changer in the telecoms industry, its acceptance and market penetration after four years of
Nigeria's stock market experienced a decline of N2.28 trillion as investors engaged in profit-taking activities. This bearish trend has affected key stocks and overall investor sentiment.
The Central Bank of Nigeria has released new Foreign Exchange Guidelines allowing individuals to export up to $50,000 in cash. This move aims to enhance the foreign exchange framework in the country.
Nigeria's capital importation surged to $10.37 billion in Q1 2026, marking an 83.83% increase from the previous year. This growth is primarily attributed to a rise in portfolio investments.
Nigeria is actively seeking investment by showcasing its economic reforms at the London Stock Exchange. Senior government officials are courting global capital to boost the country's financial prospects.
Nigerian and African leaders are engaging UK investors at the London Stock Exchange to strengthen economic connections. This initiative aims to boost foreign investment in the region.
Nigeria's food security challenges are not solely due to necessity but reflect deeper systemic issues. The country has the resources but struggles with effective management and distribution.
Ghana's inflation rate has risen to 3.7% in May, marking a four-month peak. This increase is primarily driven by rising food prices.
“In addition, pursuant to he resolution of shareholders at the extra-ordinary general meeting of the bank held on Friday, 24th January 2025, the name of the bank has been changed from “Abbey Mortgage Bank Plc” to “Abbey Bank PLC,” it stated in a regulatory filing. The ...
The Shenzhen experience ultimately demonstrates that industrial transformation is not accidental. It requires deliberate planning, sustained infrastructure investment and a long-term economic vision. Africa today stands at a similar crossroads. The continent possesses abundant na...
The Nigeria Export Processing Zones Authority (NEPZA) and 20 other federal agencies have committed to integrating and adopting the Revenue read more NEPZA, 20 agencies move to integrate new revenue assurance system
Nestoil also stated that any declaration that the receiver/manager is free to exercise unrestrained power over the company and Neconde or their assets is inaccurate, misleading, and is against current legal realities. The post Nestoil, receiver spar over the Supreme Court’s...
Japan has one of the world's lowest birth rates, as well as a falling and ageing population, leading to labour shortages, a ballooning social security bill, and a shrinking tax base. The post Japan Fertility Rate Falls Again To Record Low appeared first on Channels Television.
The Gulf has borne much of the brunt of the war since it began with a wave of US-Israeli attacks on Iran on February 28. The post Saudi Economy ‘Resilient’ Despite Mideast War, Says IMF appeared first on Channels Television.
Renaissance Africa Energy Company has been recognised by global energy intelligence firm Wood Mackenzie as Africa’s leading oil and gas read more Renaissance leads Africa’s oil, gas production market – Wood Mackenzie
Dangote Refinery is likely to reduce petrol and diesel prices due to increasing competition among Lagos depots. This price adjustment could benefit consumers amid the ongoing depot price war.
Global energy investments are projected to hit a record $3.4 trillion by 2026, showcasing resilience amid geopolitical tensions. This growth reflects a strong commitment to energy development despite challenges in the Middle East.
Nigeria's capital imports rose by 83.8% to $10.37 billion in Q1 2026, reflecting increased foreign investor confidence. This growth marks a significant recovery from $5.64 billion in the same period last year.
Nigeria’s oil sector expanded in the first quarter of 2026, posting its second consecutive year-on-year growth even as actual crude read more Nigeria’s oil GDP grows 2.57% as production slips
The Dangote Petroleum Refinery says its growing surplus of aviation fuel positions it to become a major global supplier, amid rising international demand and ongoing pressure on fuel markets. The post Dangote refinery can supply Jet Fuel Globally — Official appeared first on Pr...