Business
Nigerian Stock Market Gains N27 Trillion as Foreign and Local Investments Surge
The Nigerian stock market gained N27 trillion in 2025 as foreign and domestic investors boost demand for equities
13 October 2025
Business
Business
Nigeria’s Economy Expands for 10th Straight Month as PMI Rises to 54.0 Points
Nigeria’s economy grew for the tenth straight month in September 2025, as the PMI rose to 54.0 points, showing strong performance across industry, services, and agriculture.
9 October 2025
Business
CBN Tightens PoS Regulations Sets N5 Million Fine for Non-Compliance
The CBN has introduced new PoS guidelines mandating geo-tagging and imposing N5 million fines for non-compliance, with full enforcement starting April 1, 2026.
7 October 2025
Business
Naira Appreciates Strongly Against Dollar After Independence Day Holiday
The naira appreciated by ₦20.11 at the official FX market after Nigeria’s Independence Day, trading at ₦1,455.24 per dollar.
3 October 2025
Business
Nigeria’s Domestic Debt Market Records 530% Oversubscription in September Bond Auction
Nigeria’s September 2025 bond auction saw a 530% oversubscription, with investors bidding N1.26 trillion despite lower rates as CBN cuts MPR
2 October 2025
Business
African Airlines Record 7.1% Passenger Traffic Growth in August — IATA
African airlines saw a 7.1% rise in passenger traffic in August 2025, IATA reports, as global air travel hit record load factors despite economic uncertainties.
1 October 2025
Business
FCMB Strengthens Capital Base with Listing of 3.16 Billion Additional Shares on NGX
FCMB Group Plc has listed 3.16 billion additional shares on NGX, boosting its market capitalization by N33.09 billion
30 September 2025
Business
FG Clarifies New Capital Gains Tax on Share Disposals
FG clarifies new 25% Capital Gains Tax on share disposals, exempting most retail investors. Rule targets institutional investors reinvesting outside equities.
29 September 2025
Business
BUA Chairman Abdul Samad Rabiu Projects Naira to Strengthen to N1,300/$ by End of 2025
BUA Group Chairman Abdul Samad Rabiu projects that the naira could strengthen to N1,300–N1,400 per US dollar by December 2025
26 September 2025
Business
CBN Reduces Interest Rate to 27% in First Policy Shift of 2025
CBN has reduced Nigeria’s interest rate to 27% after three consecutive pauses, citing consistent disinflation
24 September 2025
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