CBN announces Nigerian financial rate to compete with US, EU

The Central Bank of Nigeria (CBN), in collaboration with financial market dealers, has introduced the Nigerian…

JetA1: Nigerian Govt speaks on aviation fuel price, assures robust supply

The Nigerian government has made a clarification on the price of aviation fuel, known as JetA1.…

Nigerian govt bans unauthorized use of ambassador title

The Nigerian government banned the use of the title “Ambassador” by unauthorized individuals. The federal government,…

Nigeria opts out of IMF $50bn support, urges intervention for vulnerable African nations

Nigeria has no immediate plans to approach the International Monetary Fund, IMF, for financial assistance or…

JetA1 at N3,000/liter: Airlines may shut down services in Nigeria

Domestic and foreign airlines operating in Nigeria may begin shutting down services from April 20 as…

Nigeria pursues investors at IMF as $2.3trn infrastructure deficit widens

Nigeria’s infrastructure deficit requires an estimated $2.3 trillion investment between 2020 and 2043, according to data…

Why MTN Nigeria suspended airtime, data borrowing services

Nigeria’s telecommunications giant, MTN Nigeria, has attributed the suspension of its airtime and data borrowing services…

Nigerian stocks rally again as investors gain N1.66tn, market cap crosses N136tn

The Nigerian equities market sustained its bullish momentum on Thursday, delivering a fresh massive gains of…

Dollar to Naira exchange rate Today, April 16, 2026: Nigerian currency extends gain

The Naira on Thursday extended its gain against the dollar at the official foreign exchange market.…

Flutterwave convenes dialogue on Africa’s digital economy at IMF-World Bank spring meetings

Flutterwave, Africa’s leading payments technology company, hosted a private roundtable with Invest Africa on the Digital…

CAC finally confirms cybersecurity breach affecting millions of Nigerian companies’ records

The Corporate Affairs Commission (CAC) has confirmed unauthorized access into its database, affecting millions of companies.CAC…

Dollar to naira exchange rate today, April 15, 2026: Nigeria’s currency records three-day appreciation

The naira on Wednesday appreciated against the United States dollar at the foreign exchange for the…

Dangote, Pope Leo XIV, Trump, Xi Jinping, others Named in TIME 100 Most Influential People for 2026

Renowned African industrialist and philanthropist, Aliko Dangote, has been named among TIME Magazine’s 100 Most Influential…

Failed Banks: NDIC commences process to conclude Liquidation of 89 MFBs, PMB

The Nigeria Deposit Insurance Corporation, NDIC, says it has commenced the process of concluding the liquidation…

BREAKING: Nigeria’s inflation climbs in March

Nigeria’s headline inflation rate rose to 15.38 percent in March 2026, reflecting a slight increase from…

Zenith Bank Zecathon 2025: N140m Prize Winners unveiled

Zenith Bank Zecathon 2025: N140m Prize Winners unveiled For more Naija celebrity news and updates, keep following Gist News for…

NERC’s mini-grid regulations will fast-track large-scale solar electrification in Nigeria – Aliyu

The Managing Director of the Rural Electrification Agency (REA), Abba Aliyu, has hailed the newly released…

Wallpics brings you a Canvas Print for Modern living

Interior design has evolved significantly over the years, with greater emphasis placed on personalization and visual…

Nigerian stock market extends rally as investors record N884bn gain

The Nigerian stock market sustained its bullish run on Tuesday, with investors recording a gain of…

Benin, Togo, Niger owe Nigeria over N13bn electricity debt

Despite Nigeria’s ongoing electricity supply challenges, three West African countries—Benin, Togo, and Niger—failed to fully settle…

Exchange rate today, April 14, 2026: Naira continues appreciation against US dollar

The naira on Tuesday sustained an appreciation rally against the United States dollar at the official…

Nigeria Revenue Service commissions new headquarters, hails Tinubu’s fiscal reforms

The Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, on Tuesday presided over the…

Nigeria becomes net petrol exporter as Dangote Refinery ships 44,000bpd

Nigeria has reached a historic milestone in its downstream oil sector, emerging as a net exporter…

FCMB Taps Cultural Economy to Drive Inclusion at 2026 Ibadan Festival

First City Monument Bank (FCMB) is positioning culture as an economic engine, leveraging platforms such as…

Nigerian stock market gains N443bn to begin week on positive note

The Nigerian equities market opened the week on a positive note, with investors recording a gain…

Petrol marketers, experts reject World Bank’s fuel import proposal for Nigeria

Petroleum marketers and experts have rejected the Washington-based World Bank’s recommendations to Nigeria to open the…

Crude oil prices jump as fear mounts on fresh domestic petrol hike in Nigeria

Crude oil prices surged by 7 percent on Monday amid United States President Donald Trump’s planned…

NERC announces fresh mini-grid regulation

The Nigerian Electricity Regulatory Commission, NERC, has issued the Mini-Grid Regulations 2026. NERC disclosed this in…

Nigeria’s electricity generation rises to 4,300MW – Adelabu replies critics

Nigeria’s Minister of Power, Adebayo Adelabu, has stated that electricity generation in the country rose to…

SEC orders immediate freeze on assets of 13 firms over terrorism financing in Nigeria

Nigeria’s Securities and Exchange Commission, SEC, has directed the immediate freezing of assets belonging to 13…

New tax laws: NRS takes over collection of mineral royalties

Collection of mineral royalties from mining sector operators across the country will henceforth be the responsibility…

Why Nigerian govt should reject the World Bank’s fuel import proposal — CPPE

The Centre for the Promotion of Private Enterprise has explained why the Nigerian government should reject…

NUPENG set to elect Oladiti as President after Akporeha announces exit

The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, will on April 24, elect Salimon…

Nigerian Govt announces new tariffs, cuts duty on rice, cars, drugs, sugar

The Federal Government has approved the implementation of the 2026 Fiscal Policy Measures, FPM, introducing sweeping…

Taiwo Oyedele announces correction underway for Nigeria’s new tax law, admits errors

Nigeria’s minister of state for finance, Taiwo Oyedele, has finally admitted that Nigeria’s new tax reform…

NGX closes week on positive note as investors gain N392bn

Investors in the Nigerian stock market recorded a gain of N392 billion on Friday, as trading…

Nigerian stock market sustains rally as investors gain N369bn

The Nigerian equities market maintained its upward momentum on Thursday, with investors adding N369 billion to…

Dollar to Naira exchange rate today, April 9, 2026: Naira appreciates significantly

The Naira appreciated significantly against the dollar on Thursday at the official foreign exchange market. According…

Fidelity Bank advances gender inclusion with chairman appointment

Mrs. Amaka Onwughalu was appointed Chairman of the Board of Directors of Fidelity Bank Plc, effective…

CBN clears air on N5,000 note with Tinubu’s picture

The Central Bank of Nigeria, CBN, has said that images of a purported N5,000 banknote with…

UBA equips youth to drive Africa to excellence

With Over 5,000 Alumni, Initiative Seals UBA’s Pan-African Leadership Pipeline Africa’s Global Bank, United Bank for…

TCN announces planned power outage in Oyo

The Transmission Company of Nigeria, TCN, has announced a planned one-day power outage affecting parts of…

Dangote: Fuel price update in Nigeria amid global oil market swings

Retail fuel prices across Nigeria have remained largely unchanged over the past week, despite ongoing volatility…

NGX investors record N390bn gain amid bullish run

Investors on the Nigerian Exchange Limited recorded a gain of N390 billion at the close of…

Dollar to Naira exchange rate today, April 8, 2026: Naira appreciates

The Naira appreciated against the dollar massively at the official foreign exchange market on Wednesday.The Central…

NACCIMA calls for strategic economic reforms

The President of the Nigerian Association of Chambers of Commerce, Mines and Agriculture (NACCIMA), Jani Ibrahim,…

Lagos, World Bank, FCMB advance $500m drive for inclusive education healthcare

In classrooms and primary health centres across Lagos, a quiet shift is underway, one that is…

Dangote Refinery slashes petrol price to N1,200/litre

Dangote Refinery has rolled back its recent hike in fuel prices, reducing the ex-gantry cost of…

FTSE Russell to upgrade Nigeria to frontier market status from Sept

Global index provider, FTSE Russell, on Tuesday, announced that Nigeria will be reclassified to frontier market…

Crude oil prices plunge massively below $100/barrel after Trump announces ceasefire

Oil prices plunged below $100 in early Asian trading on Wednesday after President Trump announced a…

Dollar to Naira exchange rate today, April 7, 2026: Naira depreciates after Easter break

The Naira recorded depreciation against the dollar at the official foreign exchange market on Tuesday, 7th…

BREAKING: Dangote Refinery increases fuel, assures of seamless supply nationwide

Dangote Refinery has increased its gantry price of Premium Motor Spirit amid soaring global crude oil…

FCMB Links Value-chain Coordination to Improved Food Security

Stakeholders across Nigeria’s agriculture sector called for stronger coordination across the value chain to improve productivity…

BREAKING: Nigerian Govt suspends all fresh policy rollouts across MDAs

The Nigerian government has announced the suspension of new policy issuance across ministries, departments, and agencies,…

Power sector crisis: Consumers, experts pick holes in Tinubu’s N3.3 trillion legacy debt approval

Electricity consumers and experts have picked holes with President Bola Ahmed Tinubu’s recent N3.3 trillion settlement…

‘He was working on Easter’ — Otedola reveals details of meeting with Tinubu

Nigerian billionaire and Chairman of First Bank Holdings, Femi Otedola, has revealed that President Bola Tinubu…

Dollar to naira exchange rate stands at N1,340 to N1,430 in Q1 – CPPE forecasts Q2

The Centre for the Promotion of Private Enterprises (CPPE) has disclosed that the naira traded within…

FG moves to strengthen cybersecurity as NDPC reviews data protection compliance

The Federal Government has signalled its intention to work collaboratively with the private sector and key…

Power crisis: GenCos kick as Tinubu approves N3.3tn to clear legacy debt

After criticism by presidential candidate of the Labour Party in the 2023 election, Peter Obi, President…

Nigerian Govt disburses N9bn to two firms for mini-grid deployment in four states

The Nigerian government has announced that two firms have secured a combined N9 billion financing for…

Easter: Value addition better than criticism – Akunedozi tells Nigerians

Public affairs analyst and investor, Uzochukwu Akunedozi has urged Nigerians to imbibe the attitude of value…

PENGASSAN suspends strike at Seplat

The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, halted its industrial action against…

Expert cautions against overblowing Remita, banks’ incidents as operations stabilise

A member of the Nigerian Computer Society has described recent reports of a data breach involving…

Easter: 24 Firms drag Nigerian Stocks to N3bn loss

The Nigerian equities market closed in the red on Thursday ahead of the Easter holidays, as…

Flutterwave secures Nigerian banking license to accelerate payment efficiency

Flutterwave Inc., Africa’s leading payments technology company, today announced it has secured a Nigerian banking license.…

Dollar to Naira exchange rate Today, April 2, 2026: Naira returns to depreciation

The Naira returned to depreciation against the dollar at the official foreign exchange on Thursday ahead…

Prof Iledare reacts as Tinubu appoints Aliyu as PTDF Boss, renews TCN MD Abdulaziz’s tenure

Wumi Iledare, professor emeritus, and energy experts have reacted to President Bola Tinubu’s appointment of Professor…

Flutterwave announces banking license, to rival Nigerian banks

Flutterwave has announced that it has received a banking license from the Central Bank of Nigeria,…

Fidelity Bank shows exceptional performance as banks conclude recapitalisation

Fidelity Bank Plc is set for a new phase of phenomenal growth and expansion as the…

Oyo State, FCMB, Mastercard Foundation Disburse ₦1.5 billion to Youth Farmers

Oyo State Government and First City Monument Bank (FCMB) have supported 1,000 young agripreneurs to boost…

Why CBN recapitalization of Nigerian banks won’t translate to real sector growth – Oyedotun

Professor of Accounting at Lead City University, Godwin Oyedokun, has explained that a successful conclusion of…

CBN gives final update on Nigerian bank recapitalization, raises N4.65 trillion from 33 financial institutions

CBN gives final update on Nigerian bank recapitalization, raises N4.65 trillion from 33 financial institutions The…

Dollar to Naira exchange rate Today, April 1, 2026: Naira records first appreciation

The Naira recorded its first appreciation against the United States Dollar on Wednesday, 1st April 2026,…

Irele Tower opens, adds EDGE-Certified Green Offices in Lekki

Irele Tower has opened at Lagos Free Trade Zone, adding office capacity as the Lekki corridor…

Nigerian Govt bans vehicle imports without certification

The Nigerian government has announced a ban on the importation of used vehicles without proper certification,…

FG, private sector align on $50bn livestock investment to drive $74bn growth target

The Federal Government has proposed a $50 billion investment initiative in the livestock sector as part…

Nigerian govt increases price of gas

The federal government has increased the price of natural gas supplied to power generation companies to…

Biometric enrolment now open for St. Kitts and Nevis Citizens

St. Kitts and Nevis has officially launched a National Biometric Enrolment and Passport Modernisation Programme for…

BREAKING: Mass Sack: NLC shuts down AEDC operations in Abuja, three Nigerian states

The Nigeria Labour Congress has shut down the offices of Abuja Electricity Distribution in Abuja, Kogi,…

Rabiu, Elumelu align on Capital, Scale, Industrial Expansion as BUA Foods posts N1.77 Trillion revenue, N28 dividend

Nigeria’s industrial and financial heavyweights moved to deepen a partnership that has quietly underpinned decades of…

GTCO declares N12.76k dividend, N865.75bn profit after tax in 2025

Guaranty Trust Holding Company has released its audited consolidated and separate financial statements for the year…

Dollar to Naira exchange rate Today, March 31, 2026: Local currency continues depreciation

The Naira continued depreciating against the United States Dollar at the official foreign exchange market on…

FCMB Capital Markets tops FMDQ Sponsors’ League Table in 2025 with ₦1.53 trillion in Debt Capital Market Transactions

FCMB Capital Markets Limited, the investment banking arm of FCMB Group Plc, raised ₦1.53 trillion in…

BREAKING: Nigerian filling stations reduce fuel price after NNPCL, Dangote Refinery cut

Nigerian filling stations have reduced petrol pump prices across their outlets after Nigerian National Petroleum Company…

Illicit Financial Flows deprive Nigeria, African economies of $88bn yearly — Edun

Nigeria’s Minister of Finance, Wale Edun, said illicit financial flows deprive Nigeria and African economies of…

Nigerian stock market opens bearish as investors lose N276bn

The Nigerian stock market started the week on a bearish note with investors recording a loss…

Nigeria’s power sector crisis: Pressure mounts on Tinubu to sack Adelabu

Persistent blackouts across Nigerian states have intensified calls for the removal of the minister of power,…

Dollar to Naira exchange rate Today, March 30, 2026: Local currency depreciates to begin week negatively

The Naira depreciated against the dollar at the official foreign exchange on Monday, March 30, beginning…

CBN: ACAMB lauds Banking sector’s Rlresilience on meeting recapitalisation deadline

The Association of Corporate Affairs Managers of Banks (ACAMB) has commended the Nigerian banking industry for…

Nigeria canvasses investment-led growth at IsDB Group Day in Lagos

The Federal Government has emphasised its commitment to investment led growth at the Islamic Development Bank,…

NNPCL reduces fuel price three days after Dangote Refinery’s cut

Nigerian National Petroleum Company Limited, NNPCL, retail outlets have reduced their petrol price significantly after Dangote…

Biometric Enrolment Now Open for St. Kitts and Nevis Citizens

St. Kitts and Nevis has officially launched a National Biometric Enrolment and Passport Modernisation Programme for…

Why egg prices increased to N8,500 in Nigeria – Oyiola

Mojeed Iyiola, the chairman of the Poultry Association of Nigeria, PAN, Lagos, has explained why egg…

Fuel in Nigeria not cheap, stop naira-to-dollar conversion comparison – Oyelaran-Oyeyinka warns

An economist and former special adviser to the president of the African Development Bank on industrialisation,…

CBN recapitalisation: CPPE reveals major disconnect as 32 banks meet requirement

The Centre for the Promotion of Private Enterprise, CPPE, has raised concerns over a widening gap…

Working People United sends 74th birthday message to President Bola Ahmed Tinubu

Working People United (WoPU) has extended warm birthday wishes to President Bola Ahmed Tinubu as he…

CIBN elects Alabi as new president

The Chartered Institute of Bankers of Nigeria (CIBN) on Saturday has elected Dr. Dele Alabi as…

FCMB limits exposure in fraud attempt.

More than ₦3 billion was targeted, but about ₦677 million reached the culprits, with recovery and…

What CBN’s new policy on diaspora remittances means for naira to dollar exchange — Gwadabe

The president of the Association of Bureaux De Change Operators of Nigeria, Aminu Gwadabe, has thrown…

Naira continues appreciation against US dollar to end week on good note

The Naira continued to appreciate against the United States dollar at the official foreign exchange market…