US Removes 12-Year Security Restriction on Nigerian Vessels, Opening New Opportunities for Ports
The United States Coast Guard has lifted a 12-year Condition of Entry (CoE) imposed on vessels arriving in the United...
Blog
NGX sheds N544.5bn as banking stocks trigger sixth straight market decline
The Nigerian Exchange (NGX) extended its losing streak as investors continued to cash in on recent gains, wiping N544.5 billion...
Nigeria’s Food Inflation Climbs to 20.31% in July, Highest in 10 Months
Nigeria’s food inflation rate accelerated sharply in July 2026, rising to 20.31% year-on-year, as consumers faced renewed increases in the...
Nigeria’s Remittance Inflows Hit Record $1.29 Billion in Q1 2026
Nigeria recorded a sharp increase in inflows through International Money Transfer Operators (IMTOs) in the first quarter of 2026, with...
CBN’s OMO Reopening Could Shift Investor Funds From Stocks to High-Yield Securities
The reopening of the Central Bank of Nigeria’s Open Market Operations (OMO) securities to individual and corporate investors could intensify...
The Evolution of Motor Insurance: Electric Vehicles (EVs) and Usage-Based Models
Buying motor insurance in Nigeria has traditionally followed a linear process. After someone buys a car, they contact an insurer,...
AFC Takes Equity Stake in Dangote Refinery After Repayment of $300m Loan
The Africa Finance Corporation (AFC) has deepened its financial relationship with Dangote Petroleum Refinery after leading a group of strategic...
Dangote Industries Partners CNN to Spotlight Africa’s Global Business Rise
Dangote Industries Limited has entered into a multi-year partnership with CNN International Commercial (CNNIC) to promote African businesses and highlight...
Coronation Insurance, Coronation Life Assurance Complete ₦9.2bn Recapitalisation
Companies meet NIIRA 2025 minimum capital requirements after oversubscribed private placement Coronation Insurance Plc and Coronation Life Assurance Limited have...
CBN Opens Fresh Sandbox Window for Crypto, Data-Driven Finance Innovations
The Central Bank of Nigeria has opened a new regulatory testing window for financial technology companies developing virtual asset products,...