FCMB Capital Tops FMDQ Table with N1.53tr Debt Market Deals

FCMB Capital Markets Limited raised N1.53 trillion in corporate debt capital through bond listings and commercial paper quotations on FMDQ Securities Exchange in 2025, securing the top spot on the exchange's Fixed Income Primary Markets Sponsors' League T

CBN Regulates Virtual Assets, Banks Raise N4.65 Trillion Capital

The Central Bank of Nigeria has concluded its two-year bank recapitalization program, with institutions raising N4.65 trillion. Simultaneously, the CBN initiated a supervisory pilot for six virtual asset service providers to enhance financial oversight.

Providus Bank Details Cricket Sponsorship Rationale

Providus Bank's Head of Strategy, Ernest Elue, explains the bank's sponsorship of the NCF Women's Invitational Cricket Tournament, citing alignment with values like resilience and team spirit, and noting the sport's growing popularity in Nigeria.

Naira-for-Crude Policy Shields Nigeria from Fuel Shocks

The Presidency asserts that Nigeria's naira-for-crude policy is safeguarding the nation from severe fuel supply disruptions caused by the ongoing Middle East crisis, ensuring steady petroleum products and reducing forex pressures.

Energy Disruption Threatens Global GDP, Sparks Inflation Fears

Prolonged disruptions to key oil shipping routes like the Strait of Hormuz could slash global GDP growth by 0.5% in 2026, triggering inflation and tighter monetary policies, with Nigeria's economy facing mixed impacts from higher oil prices and import cos

Tinubu's Strategy to Shield Nigeria from Fuel Price Turbulence

As global oil prices surge due to Middle East tensions, Nigeria faces critical economic risks. Experts propose a dual-track pricing framework using domestic refineries like Dangote to stabilize fuel costs and insulate the economy from international market

UNDP, PIND Partner for Niger Delta Development and Investment

The United Nations Development Programme (UNDP) and the Foundation for Partnership Initiatives in the Niger Delta (PIND) have signed an MoU to advance integrated development solutions, focusing on clean energy, economic growth, and climate resilience in t

NIHOTOUR Hails End of Hospitality and Tourism Suspension

The National Institute for Hospitality and Tourism praises the Federal Government's decision to lift the suspension on regulatory activities in the sector, calling it a strategic move to boost economic diversification and job creation.

27-Year-Old Man Flaunts First Property After Emptying Savings

A 27-year-old Nigerian man has gone viral on TikTok after proudly showing off his first property, revealing he emptied his savings to achieve this milestone. Social media users flooded with congratulatory messages and shared their own success stories.

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