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...

The Central Bank of Nigeria (CBN) has warned that rising election-related spending and potential oil price shocks could pose upside risks to Nigeria’s inflation outlook.

FG Eyes $5.7bn Investment Deal with China   The Federal Government is deepening negotiations to secure up to $5.7bn in strategic investments from China across critical sectors of the economy, the Ministry of Finance said on Monday. In a statement issued after a meeting in Abuja, the...

Inferno at Lagos Int'l Airport Grounds Travellers   A fire outbreak at the old terminal of the Murtala Muhammed International Airport, Lagos, on Monday disrupted flight operations, stranded passengers, and triggered diversions, compounding travel delays and operational uncertainty across airlines. It was also gathered that at least...

JUST IN: CBN Cuts Interest Rate to 26.5%   The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has reduced the Monetary Policy Rate (MPR) to 26.5 per cent, marking the second rate cut in five months. The decision was announced on Tuesday by the...