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MARKETS AND ECONOMY
Shell Agrees to Sell Shell Nigeria Gas Group to Vaaris Energy
British energy, Shell has agreed to sell its entire interest in Shell Nigeria Gas Group to indigenous energy company Vaaris Energy Limited, marking its planned exit from Nigeria’s domestic gas distribution business.Shell disclosed the agreement in a statement on Tuesday, October 13, 2026, saying the transaction aligns with its...
OPEC Slashes 2026 Oil Demand Growth Outlook by 1 Million bpd to 400,000 bpd
The Organisation of the Petroleum Exporting Countries (OPEC) has...
OPay Secures Approval for Dual Listing on NYSE, NGX
OPay has secured board and shareholder approval for a...
Fitch: Nigeria’s $54.9bn FX Reserves Contrast With Revenue, Debt-Service Pressures
Nigeria’s foreign exchange reserves have risen to $54.9bn as...
PAYE Drives 41.2% Growth in States’ Tax Revenue to N3.79trn in 2025
Nigeria’s states and the Federal Capital Territory (FCT) recorded...
World Bank Report Confirms Nigeria’s Economic Reforms Are Working – Tinubu
President Bola Tinubu has said the World Bank’s latest...
African Alliance Insurance Posts N3.87bn Profit Despite N34.18bn Insurance Service Deficit
African Alliance Insurance Plc reported a profit after tax...
Tech World
FINANCE
OPay Secures Approval for Dual Listing on NYSE, NGX
OPay has secured board and shareholder approval for a secondary listing on the Nigerian Exchange Limited (NGX), following its proposed initial public offering on the New York Stock Exchange (NYSE), according to a regulatory filing in the United States.The company disclosed this in its Form F-1 registration statement filed...
Women-Owned Businesses Account For 36% Of Moniepoint’s MSME Lending
Women-owned businesses accounted for 36 per cent of Moniepoint’s...
CBN’s Data Localisation Directive Will Put Digital Payment Infrastructure to the Test – Hakeem Adeniji-Adele
Nigeria’s plan to require payment companies to host transaction...
Bank Liquidity Jumps 37% To N8.84tn Ahead Of N4.69tn CBN OMO Debit
Liquidity in Nigeria’s banking system rose 37.01 per cent...
NIBSS Fraud Desk Commends PalmPay’s Customer Protection Drive
PalmPay’s upgraded Security Center has received recognition from the...
Banks, Fintechs Seek More Time As CBN Data Localisation Deadline Nears
Nigeria’s CBN data localisation policy is entering a critical...
Pension Assets Hit N31.8tn After N289bn Monthly Increase
Nigeria’s pension assets rose by N289.4 billion in August...
GENERAL NEWS
FG’s Electricity Subsidy Falls N37bn To N321bn As DisCos Cut Power Offtake
The Federal Government’s electricity subsidy obligation fell by N37.06...
Tinubu Targets 23m Unconnected Nigerians in Digital Jobs Push
President Bola Ahmed Tinubu has placed digital connectivity for...
Tinubu Declares End of Economic Emergency in Independence Day Speech
President Bola Ahmed Tinubu has declared that Nigeria’s period...
Nigeria Must Shift From Economic Stabilisation To Productivity — CPPE
The Centre for the Promotion of Private Enterprise (CPPE)...
Tinubu Returns To Nigeria Ahead Of Independence Day, 2027 Meetings
President Bola Ahmed Tinubu has ended his working vacation...
GCIOBA, ipNX Provide Campus-Wide Fibre Internet At Government College Ibadan
The Government College Ibadan Old Boys Association (GCIOBA) and...
Ogun, DP World Sign MoUs For $7bn Deep Sea Port, Industrial Zone
The Ogun State Government and DP World, a global...
media outreach
Travels & Aviation
Appointments & RECOGNITIONS
VIEWPOINTS
307th MPC Meeting: CBN Caught between Inflation and Economy Crying for Credit
By BLAISE UDUNZEThe Central Bank of Nigeria (CBN) heads into its 307th Monetary Policy Committee meeting this week facing...