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Leading tech media organisation, Technext, has announced the maiden edition of its much-anticipated fintech event, Spotlight by Technext. Set to hold on May 14, the event will feature conversations around the theme: Bridging Trust, Liquidity and User Reality. Spotlight by…
Read moreDangote Petroleum Refinery and Petrochemicals has debunked the rumours about a fresh petrol price increment, saying its ex-depot price for Premium Motor Spirit (PMS) remains unchanged at N1,257 per litre. The post Dangote Refinery denies petrol price increment, says price…
Read moreNigeria’s fixed-income market is projected to witness a surge in liquidity inflows in May 2026, with the Financial Markets Dealers Association (FMDA) estimating a total of N10.53 trillion entering the system, largely driven by elevated Open Market Operations (OMO) maturities. …
Read moreThe Nigeria Police Force has arrested and repatriated a Chinese national, Xu Qing, accused of orchestrating a $245 million Ponzi scheme fraud, back to his home country for prosecution. The post Police repatriate Chinese suspect over $245 million Ponzi scheme…
Read moreThe Economic and Financial Crimes Commission (EFCC) on Tuesday, May 5, 2026, arraigned a communications company, Metro Digital Limited, over the alleged unlawful interception and rebroadcast of Multichoice Nigeria Limited content. The post EFCC arraigns company for allegedly rebroadcasting Multichoice…
Read moreThe Nigerian equities market closed the trading day ended 5 May 2026 in negative territory, shedding 1,411.37 points to settle at 241,750.15 amid mild selling pressure. The post Nigerian equities market falls 0.58% amid rising volume appeared first on Nairametrics.
Read moreStrong investor demand positions Nigerian fintech as a credible participant in the debt capital markets Sycamore Integrated Solutions Limited has closed its Series 1 Commercial Paper issuance at ₦6.89 billion against a ₦3 billion target, drawing subscriptions at 2.3x the…
Read moreAt the third edition of the Payments Forum Nigeria (PAFON 3.0), leaders across Nigeria’s financial ecosystem shifted focus from expanding access to strengthening the infrastructure that supports digital finance. While the past decade prioritised onboarding more Nigerians into the financial…
Read moreNigeria supplied 28.5 million barrels of crude oil to domestic refineries in the first quarter of 2026, falling significantly short of the 61.9 million barrels allocated for the period. The post NUPRC: Refineries take ‘36–46%’ of crude available amid pricing…
Read moreLeading financial media firm, Nairametrics, has issued a public disclaimer distancing its Founder and Chief Analyst, Ugo Obi-Chukwu, from a series of fraudulent AI-generated videos circulating online that falsely portray him promoting stock investment groups. The post Nairametrics disclaims fake AI videos…
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