Economy

Nigeria launches BOGA fund to drive economic diversification

The federal government has launched the Nigeria Beyond Oil and Gas Alliance (BOGA) Fund Programme, a two-year initiative aimed at accelerating economic diversification and strengthening long-term resilience beyond the...

Investors reap biggest ever weekly gain on pension funds boost

…Stock market gains N6.79trn…Index crosses 180,000 points   The Nigerian Exchange Limited (NGX) has reached a towering new peak as read more Investors reap biggest...

SanlamAllianz General Insurance appoints Jacqueline Agweh MD/CEO

SanlamAllianz General Insurance has announced the appointment of Jacqueline Uche Agweh as its substantive managing director/CEO, effective February 11, 2026. Agweh brings over three decades...

Here’s why businesses lose contracts over avoidable TCC filing errors

For many Nigerian businesses, delays in obtaining a Tax Clearance Certificate (TCC) can slow regulatory approvals and key transactions that require proof of tax...

AT50: London Stock Exchange launch sets new benchmark for Africa’s private tech leaders

Indexa Exchange Group has launched the Africa Tech Index series at the London Stock Exchange (LSE), introducing the Africa Tech 50 Index (AT50). AT50 is...

Nigerian Breweries returns to profit as revenue rises to N1.4trn

Nigerian Breweries returned to profitability after two years of losses, posting a net profit of N99.1 billion in 2025, reversing a N145 billion loss...

How data will reshape Nigeria’s tax enforcement map

Nigeria’s newly reconstituted Nigeria Revenue Service (NRS) has set a target of N40.71 trillion for 2026, up 44 percent from the N28.3 trillion collected...

The giant awakes: Pension funds pivot from spectators to market movers

For decades, Nigeria’s pension funds were the ‘sleeping giants’ of the financial system – massive, slow-moving, and largely confined to read more The giant awakes:...

Nigeria’s biggest brewer returns to profit after two years of losses

Nigerian Breweries Plc swung back to profit in 2025, capping a year of financial repair for the country’s largest brewer after currency shocks and...

Analysts expect January inflation to rise to 18.89% on base effects

Analysts expect Nigeria’s headline inflation rate to rise when January data is published, citing base effects linked to the revised consumer price index series...

Stocks gain N970bn as market rides on pension fund liquidity

Nigeria’s equity market extended its bullish run on Wednesday, adding approximately N970 billion to its total market capitalisation as institutional read more Stocks gain N970bn...