BUA Refinery, backed by billionaire Abdul Samad Rabiu, is designed to process 200,000 barrels daily, but its completion date remains uncertain amid delays.
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FG opens portal for Nigerians to apply for N1m to buy laptops, smartphones
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CBN approves as firm transition to commercial bank
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JP Morgan moves closer to launching banking operations in Nigeria, deposits N50bn with CBN
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US removes travel warning for an African country, retains strong travel restrictions for another
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Naira gains against dollar as Nigeria reserves hit 17-year high
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Oil and gas companies pay graduate trainees up to ₦800,000 monthly in Nigeria, salary figures emerge
Estimated 2026 graduate trainee salaries at Nigeria’s oil and gas firms range from ₦250,000 to over ₦800,000 monthly, and pay should be verified with employers.
N1,332/$: Naira depreciates against US dollar, new rates for Euro, pounds
The naira weakened to N1,332.97 per dollar at the official market as foreign exchange turnover surged 157.1% and Nigeria’s reserves climbed to $55.1 billion.
Naira loses against dollar, pound, gains against euro
The Nigerian currency weakened against the United States dollar at the official foreign exchange market, closing at N1,332.09/$1 from the previous rate.
Nigerian Bank announces interest rates reduction on savings deposits from October 16
Ecobank Nigeria has reduced SuperSavers interest rates across four deposit tiers, with revised rates taking effect, following the CBN's monetary policy review.
NGX market capitalisation falls to N160.85tn as equities close lower
The Nigerian stock market closed lower as market capitalisation fell to N160.85 trillion, while Sunu Assurances declined and FGSUK2031S4 led gainers.
Forbes names top 10 highest-paid content creators in 2026: MrBeast leads with $300 million
MrBeast leads Forbes’ 2026 highest-paid creators with $300 million. The top 10 turn social media fame into new businesses, brands and investments worldwide.
FirstHoldCo tops Zenith, GTCO as 5 banks report N2.29 trillion profit in first 6 months of 2026
Five Nigerian financial institutions posted N2.29 trillion in H1 2026 profit before tax, with FirstHoldCo leading and Stanbic IBTC recording the fastest growth.
Two international banks set to enter Nigerian banking market
2 international banks plan to expand into Nigeria’s banking market due to rising foreign reserves, strong stock market returns and improving investor confidence.
Elon Musk gains $22 billion, reclaims trillionaire status as Tesla, SpaceX rally
Elon Musk reclaimed trillionaire status after Tesla and SpaceX gains added $22 billion to his fortune, marking a sharp one-day reversal in volatile markets.
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