13+ hour, 56+ min ago  (295+ words) The Central Bank of Nigeria (CBN) conducted one of its most aggressive single-session Open Market Operations (OMO) auctions on May 21, 2026, mopping up a combined N3. 692 trillion across two instruments in a dramatic escalation of its liquidity tightening campaign. The apex bank's…...

14+ hour, 21+ min ago  (226+ words) The top 10 manufacturing companies on the Nigerian Exchange (NGX) spent a combined N2. 24 trillion on operating expenses in 2025. The companies reviewed include listed consumer goods and industrial goods manufacturers, with a total of 29 companies analysed. Based on their financial statements, analysis…...

15+ hour, 4+ min ago  (355+ words) The Centre for the Promotion of Private Enterprise (CPPE) has dismissed claims that the Dangote Refinery poses a monopolistic threat to Nigeria's downstream petroleum sector, insisting that the country should prioritise policies that support domestic refining investments instead of encouraging…...

20+ hour, 49+ min ago  (331+ words) The Nigeria Customs Service Tin Can Island Port Command, generated N1. 60 trillion in revenue in 2025, exceeding its annual target of N1. 52 trillion. The disclosure was made in a statement issued on Saturday by the command's Public Relations Officer, Oscar Ivara, following the…...

20+ hour, 57+ min ago  (315+ words) The billionaire owners of French luxury fashion house Chanel are set to pocket at least $21 billion in dividends over the past decade, underscoring the enduring strength of the iconic brand even as parts of the global luxury market face slowing…...

1+ day, 9+ hour ago  (353+ words) The African aviation market continued its steady expansion in May 2026, supported by rising passenger demand, network recovery, and improving connectivity across domestic, regional, and international routes. The sector remained highly competitive, with capacity growth driven by a mix of long-established…...

1+ day, 16+ hour ago  (360+ words) Lagos State's ongoing GIS mapping and house numbering initiatives are expected to strengthen Prop Tech adoption as the real estate sector gradually shifts toward digital transformation, according to Roland Igbinoba. Igbinoba, CEO of SEC-approved crowdfunding platform Prop Crowdy Ltd. , disclosed…...

1+ day, 14+ hour ago  (892+ words) The wave of layoffs sweeping through the global technology ecosystem since 2022 has shown little sign of slowing in 2026. What began as cost cutting driven by macroeconomic pressures has now evolved into a broader restructuring trend powered by artificial intelligence, automation,…...

2+ day, 1+ hour ago  (411+ words) Discovery Health has announced that Vitality Health International (Africa), its established employer health insurance business, has rebranded to "Discovery Health " Global Health Solutions. This transition reflects Vitality Health International (Africa)s established health insurance business " integrated with the Vitality wellness…...

2+ day, 7+ hour ago  (188+ words) The Nigerian All-Share Index closed Friday, 22 May 2026, in positive territory, rising 0. 22% to 249, 712. 4 points as it edged closer to a return above the 250, 000 psychological level. Fidelity Bank led market activity with 198 million shares traded, valued at N4. 5 billion, topping both the volume…...