66 stories
Ghana has unveiled plans to invest $10 billion over the next four years in job-intensive sectors as it seeks to accelerate economic growth to 8% by 2030, marking a shift from fiscal austerity to an investment-led growth strategy following its 2022 debt default. Finance Minister Cassiel Ato Forson…
The Nigerian equities market rebounded on Thursday, November 12, 2026, with the market capitalisation rising by N328.26 billion to N163.86 trillion, from N163.53 trillion, as renewed buying in heavyweight counters lifted the benchmark NGX All-Share Index (ASI) by 0.20% to 252,366.80 points from…
Government leaders, financial institutions and entrepreneurs gather to explore payments, credit and digital capabilities for Nigerian SMEs as Mastercard and SMEDAN sign an MoU to explore opportunities to support MSME digitization and growth. Mastercard and the Small and Medium Enterprises…
Active subscriptions for telecommunications services across the networks of MTN, Airtel, Globacom, and T2 crossed the 200 million mark in September 2026, the highest since 2024. The post BREAKING: Nigeria’s active mobile subscriptions crosses 200 million in September, highest in 2 years appeared…
The Federal Government has advanced the procurement process for four additional satellites approved by President Bola Tinubu, with the exercise reaching the stage of recommending successful bidders after an international competitive bidding process. The post FG moves to award contracts for four…
Layer3 Strengthens Board with Tomi Davies and Maryamu Aminu as It Targets Cloud and Infrastructure Growth Nigerian technology company Layer3 has appointed Tomi Davies as Board Chairman and Maryamu Aminu as Non-Executive Director as the company prepares for its next phase of growth in enterprise…
Latest market action showed the NFEM market rate for the British pound is N1,808.3/£. The post Naira holds firm against British pound at N1,808/£ appeared first on Nairametrics.
Nvidia's board is reportedly weighing whether to remove co-founder and Chief Executive Officer Jensen Huang, days after opening an independent investigation into reports that he was the target of a foreign intelligence effort. The post Nvidia board considers removing CEO Jensen Huang as shares…
The African Export-Import Bank (Afreximbank) has committed a $75 million financing facility to the Development Bank of Nigeria (DBN) to expand access to finance for Nigerian small and medium-sized enterprises (SMEs), including businesses in the creative economy. The post Afreximbank commits $75…
The Nigerian equities market lost N293.43 billion on Wednesday, November 11, 2026, as selling pressure in Okomu Oil, Nascon Allied Industries and FUGAZ banks extended the previous session's decline. The post Okomu, Nascon, FUGAZ stocks wipe N293.43 billion off NGX appeared first on Nairametrics.
Zedvance Finance Limited has announced the launch of ExtraCash, a credit solution designed to help Nigerians meet their financial needs, seize opportunities, and keep their personal and business plans moving forward. Available through the Zedvance App, ExtraCash provides eligible customers with…
The Alternative Bank Limited (Alt Bank), the non-interest banking subsidiary of Sterling Financial Holdings Company Plc, has appointed Gul Khan as its Managing Director and Chief Executive Officer, following approval by the Central Bank of Nigeria (CBN). The post Sterling HoldCo Subsidiary,…
Zitra Investments Limited is raising N50 billion through Commercial Paper (CP) Programme as it seeks additional funding to support lending, geographical expansion and investment in digital infrastructure, following growth in customer deposits to more than N30 billion in the first nine months of…
Nigeria recorded average daily crude oil and condensate production of 1,687,710 barrels per day in October 2026. The post Nigeria meets OPEC oil production quota for sixth straight month despite October decline appeared first on Nairametrics.
Oando Clean Energy Limited (OCEL), the renewable energy subsidiary of Oando Energy Resources, has delivered on its promise to support the Federal Government of Nigeria by championing mass transit decarbonization in the country with the rollout of additional electric buses in partnership with the…
President Bola Tinubu has written to members of the House of Representatives seeking statutory approval to implement the N10.79 trillion external borrowing approved in the 2026 Appropriation Act. The post Tinubu seeks House of Reps approval for N10.79 Trillion external borrowing appeared first on…
The National Information Technology Development Agency (NITDA) has unveiled the Nigeria Tech Outlook Report 2026, providing data-driven insights to guide investment decisions and policymaking in Nigeria’s digital economy. The post NITDA unveils 2026 Tech Outlook Report to guide digital economy…
The Economic and Financial Crimes Commission (EFCC) has recovered $3 million and N1.303 billion for the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) from Aiteo Exploration and Production Limited and Newcross Exploration & Production Limited over unremitted statutory payments to…
