
CBN Launches NOFR as Nigeria’s New Money Market Benchmark, Phasing Out OBB and OVN Rates
The Central Bank of Nigeria, in collaboration with the Financial Markets Dealers Association, has introduced the Nigerian Overnight Financing Rate

The Central Bank of Nigeria, in collaboration with the Financial Markets Dealers Association, has introduced the Nigerian Overnight Financing Rate

Benchmark Brent crude dropped about 11% to $88 per barrel, while West Texas Intermediate fell roughly 10% to $81.5 per

Stanbic IBTC Holdings PLC posted a strong full-year 2025 performance, with profit after tax rising sharply to ₦376.5 billion, underscoring

As OpenAI accelerates toward a highly anticipated public listing, estimated to value the company at around $850 billion, renewed attention

President Bola Ahmed Tinubu has assented to the 2026 Appropriation Bill, which provides for an aggregate expenditure of ₦68.32 trillion.

Nigeria’s banks are continuing to lower foreign exchange rates for international card payments, with GTBank and Stanbic IBTC reaching their

Airtel Nigeria has announced the temporary suspension of its airtime and data credit services, becoming the second major telecom operator

The United States Embassy in Nigeria has announced the opening of its 30th American Space in Nigeria, further expanding a

Northrop Grumman has released new images of its cutting-edge B-21 Raider undergoing advanced flight testing, including successful aerial refueling operations,

The government of South Korea has pledged $5.6 million to support child immunisation efforts across Lagos and five other regions

Tesla has launched a targeted recruitment drive in Taiwan, seeking skilled semiconductor engineers for its upcoming “Terafab” initiative—an ambitious move

Oando PLC has announced that its upstream Joint Venture (JV) with NNPC E&P Limited (NEPL), the NEPL/Oando JV, has enabled






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