Month: March 2026

The federal government of Nigeria paid N71.49 billion of the N1.92 trillion power subsidy payment it owed electricity Generating Companies (GenCos) in 2025, as the country's electricity crisis worsens and…

Africa cannot continue to import completed goods for the energy sector while exporting raw materials, according to Aliko Dangote, President/Chief Executive of Dangote Industries Limited. "Africa's energy industry cannot continue…

According to Emomotimi Agama, Director-General of the Securities and Exchange Commission, transactions involving cryptocurrencies and virtual assets have totaled approximately $96 billion in Nigeria's digital financial ecosystem. Agama revealed this…

With the NGX All-Share Index (ASI) surpassing 200,000 points yesterday, Nigeria's stock market achieved a significant milestone thanks to robust investor demand and widespread increases across important industries. The benchmark…

The National Bureau of Statistics has revealed that although Nigeria's headline inflation rate decreased to 15.06 percent in February, monthly food inflation increased as a result of rising food commodity…

XtraCova, a funds protection program that reimburses clients for confirmed fraudulent transactions, was introduced by OPay. According to a statement from the company, the solution supports Nigeria's shift to a…

Customers are no longer required to provide affidavits in order to reactivate dormant bank accounts, according to the Central Bank of Nigeria's (CBN) updated instructions. A circular sent to banks…