Analysts Support MPC's Decision to Cut Rates by 50 Basis Points   Analysts have backed the decision of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to cut the rate by 50 basis points. The stakeholders affirmed that the rate cut to 26.5...

NMDPRA Data Reveals Modular Refinery Struggles Nigeria’s modular refineries supplied an average of 2.37 per cent of the country’s diesel demand over the three months spanning November 2025 to January 2026, according to data compiled from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)'s...

Sell-Off Slaps N4514bn Loss on Investors at NGX   Trading on Thursday closed on a bearish note as equities on the Nigerian bourse extended their downward trajectory, reflecting cautious investor sentiment and persistent profit-taking across key sectors. Official data from the Daily Official List shows the All-Share...

MTN Nigeria Records N5.2trn Revenue, Boosts Economy   MTN Nigeria has reaffirmed its position as a critical driver of the non-oil economy, posting a service revenue of N5.2tn in its 2025 audited financial results. Beyond the impressive top-line growth, the company emphasised that its financial success is...

Tinubu Calls on Senate to Back State Police Amendment President Bola Tinubu on Wednesday appealed to the leadership of the 10th Senate to amend the constitution to provide a legal framework for the establishment of State Police to tackle insecurity nationwide. Bayo Onanuga, the special adviser...

Tinubu Renews Shea Nut Export Ban by One Year President Bola Ahmed Tinubu has approved the extension of the ban on the export of raw shea nuts for by one year, starting from February 26, 2026, to February 25, 2027. According to a statement on X...