Nigeria
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Economy
Tinubu directs FCCPC to investigate Meta, Google and X over Nigerian media complaint
President Bola Tinubu has directed the Federal Competition and Consumer Protection Commission (FCCPC) to investigate global technology companies, including Meta,…
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Economy
Nigeria’s budget process is open and accountable, says Oyedele
The Minister of Finance and Coordinating Minister for the Economy, Taiwo Oyedele, says the Federal Government does not operate a…
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Economy
World Bank clears $1.25bn loan for Nigeria jobs programme
The World Bank has approved a new $1.25 billion loan for Nigeria under a programme known as the Nigeria Actions…
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Finance
Bharti Airtel raises stake in Airtel Africa to 79% via share swap deal
Bharti Airtel has raised its ownership in Airtel Africa from 62.7% to approximately 79% after acquiring an additional 16.3% stake…
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Economy
CBN mops up ₦4.74 trillion via OMO auctions in two days
The Central Bank of Nigeria absorbed approximately ₦4.74 trillion from the financial system through a series of Open Market Operations…
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Economy
Providus Bank and Unity Bank merge to launch ProvidusUnity Bank
The merger between Providus Bank and Unity Bank has been formally concluded, giving rise to a new institution ProvidusUnity Bank…
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Economy
Diesel price skyrockets to N3,277 per litre in May 2026 – NBS
The National Bureau of Statistics (NBS) says the average retail price of a litre of diesel increased from N1,758.26 in…
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Economy
HBM Nigeria’s evolution marks new growth era, says NGX chairman
Chairman of the Nigerian Exchange Group (NGX Group), Dr. Umaru Kwairanga, has congratulated the management, employees, and shareholders of HBM…
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Economy
NCC, CAC impose new rules on major telecom ownership transfers
Nigeria’s telecommunications regulator and the country’s company registration authority have jointly introduced a rule requiring telecom firms to obtain prior…
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Economy
Naira stability fragile, exchange rate equilibrium not yet reached
A financial and strategic management expert, Mrs. Ololade Adesola, says while recent improvements in economic fundamentals have stabilised the naira,…
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