PenCom Urges PFAs to Diversify with Alternative Assets for Long-Term Returns
The National Pension Commission (PenCom) has called on Pension Fund Administrators (PFAs) to broaden their investment strategies by increasing allocations...
Foreign Portfolio Investment on NGX Soars by 88.5% in May 2025
Foreign portfolio investment on the Nigerian Exchange Limited (NGX) surged significantly in May 2025, rising by 88.54 per cent to...
States Take Charge as Electricity Market Decentralises Under New Act
A new era of electricity governance is unfolding in Nigeria, as seven states have officially assumed control of their electricity...
Nigeria Exported 82% of Crude Oil in Q1 2025 Amid Local Refinery Shortages — NUPRC
Amid growing concerns from local refiners over limited crude supply, Nigeria exported a staggering 82 per cent of its crude...
FMDQ Group and Frontclear Sign Strategic Partnership to Deepen Nigeria’s Financial Market Liquidity
In a major move to enhance liquidity and strengthen Nigeria’s financial market infrastructure, FMDQ Group PLC has entered into a...
Operating Multiple Budgets Not a Fiscal Anomaly — Budget Office DG
The Director General of the Budget Office of the Federation, Dr. Tanimu Yakubu, has clarified that the Federal Government’s operation...
NGX Group Chairman Applauds Dangote, Urges Listing of Fertiliser and Refinery Businesses
The Group Chairman of the Nigerian Exchange Group (NGX Group), Alhaji (Dr.) Umaru Kwairanga, has commended Africa’s richest man, Aliko...
FirstBank Wins Gold for Best Corporate University in Social & Climate Change Impact
FirstBank, the West Africa premier bank and financial inclusion services provider, is thrilled to announce that its Corporate University, FirstAcademy, has...
Oil Prices Edge Higher on U.S. Crude Drawdown and Middle East Caution
Oil prices ticked up on Thursday, building on the previous day’s gains after a larger-than-expected drawdown in U.S. crude stocks...
Dollar Falls, Yields Dip on Speculation of Early Fed Chair Appointment by Trump
The US dollar weakened and Treasury yields edged lower on Wednesday as market expectations for an earlier-than-expected rate cut gained...
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