Stock Futures Fall After U.S. Strikes Iran Amid Rising Middle East Tensions
U.S. stock futures slipped early Wednesday as investors reacted sharply to escalating geopolitical tensions after…
United Capital Secures Investment Banking Licences in Ethiopia and Rwanda,…
United Capital Plc has taken a bold step in its continental expansion strategy after securing investment banking…
FG Sets June 12 Deadline for Oil Bids in 2025 Licensing Round as Nigeria Pushes…
The Federal Government has set Friday, June 12, 2026, as the final deadline for the submission of technical and…
Anthropic’s Claude Fable 5 is a version of Mythos the public can access today
Anthropic has officially opened access to its most powerful AI system yet, launching Claude Fable 5, a…
CBN Drains N1.69 Trillion in Fierce Liquidity Mop-Up as Investors Rush Long-Term…
The Central Bank of Nigeria stepped up its liquidity control measures on June 8, 2026, draining a massive N1.69…
Tinubu’s Nigeria Sees $10bn Capital Inflow, But Investors Prefer Lending Over…
Nigeria’s capital inflows have hit a new record under President Bola Tinubu, with $10 billion entering the country…
Oil Prices Drop Sharply as Iran–US Peace Talks Ease Global Supply Fears
Oil prices fell sharply on Tuesday after renewed optimism over a possible diplomatic breakthrough between Iran and…
IMF Backs Nigeria’s Economic Reforms but Warns of Rising Poverty and Food…
The International Monetary Fund (IMF) has once again expressed support for Nigeria’s ongoing economic reforms,…
Foreign capital inflows into manufacturing sector drop by 50.7% in Q1
Nigeria’s manufacturing sector has suffered a steep setback in attracting foreign investment, with capital inflows…
Google Slashes AI Subscription Price to $4.99, Igniting New AI Price War in the…
Google has escalated the growing artificial intelligence subscription battle by slashing the price of its…
S&P 500, Nasdaq Slip as Chip Stock Rally Loses Steam Despite Falling Oil…
The U.S. stock market ended mixed on Tuesday, with the S&P 500 and Nasdaq Composite posting losses as a…
Nigeria’s FX Reserves Surge Above $50bn, Reach Highest Level in 17 Years
Nigeria's foreign exchange reserves have climbed to an impressive $50.11 billion, marking the highest level…
NGX Gains N834.67bn as Airtel Africa, Tier-1 Banks Fuel Market Rally
Nigeria's stock market continued its impressive rebound on Tuesday as investors added N834.67 billion to the value…
IMF Flags Lending Rate Imbalance as Nigerian Banks React Faster to Rate Hikes Than…
The International Monetary Fund (IMF) has raised concerns over the way Nigerian banks respond to changes in…
IMF cautions Nigeria on $5bn Abu Dhabi swap deal
The International Monetary Fund (IMF) has urged Nigeria to exercise caution over its proposed $5 billion Total…
West Africa Leads Africa’s Digital Tax Revolution as Nigeria, Ghana, Benin Drive…
West African countries including Nigeria, Ghana, Benin, and Senegal are taking the lead in reshaping Africa’s tax…
Nigeria Petrol Imports Crash by N2.18 Trillion in Q1 2026 as Local Refining…
Nigeria’s petrol import bill has taken a dramatic nosedive, falling by a staggering N2.18 trillion in the first…
Nigeria’s Crude Oil Exports Hit N11.2 Trillion in Q1 2026 Despite Market Swings
Nigeria’s crude oil exports climbed to N11.20 trillion in the first quarter of 2026, reinforcing the country’s…
Dangote Named Africa’s Most Admired Brand for 8th Straight Year
Dangote Industries Limited has once again cemented its reputation as Africa’s most admired brand, retaining the top…
Nigeria’s Top Banks Mobilise N137 Trillion in Deposits as Liquidity Strength…
Nigeria’s banking sector started 2026 on a strong liquidity footing, with the country’s top 10 banks collectively…
OpenAI IPO Filing Signals AI Mega-Race With Anthropic and SpaceX
OpenAI, the creator of ChatGPT, has quietly taken a major step toward becoming a public company by filing…
NDPC, Meta Launch Two-Year Data Protection Initiative to Boost Privacy Awareness…
Nigeria is stepping up its digital safety game as the Nigeria Data Protection Commission (NDPC) has…
Nigeria Records ₦7.54 Trillion Trade Surplus in Q1 2026 as Oil Exports Surge (Up…
Nigeria has recorded a massive trade breakthrough in the first quarter of 2026, posting a trade surplus of ₦7.54…
Nigeria Raises NTB Offer to N4.8 Trillion as Borrowing Pressure Surges in Q2 2026
Nigeria’s debt market is seeing a sharp shift as the Debt Management Office (DMO) has expanded its Nigerian…
Nigeria Stock Market Slowdown Linked to New T+1 Settlement Cycle as Foreign…
Nigeria’s stock market is experiencing a noticeable slowdown just days after the launch of its new T+1 settlement…
Nigeria Trade Surplus Hits N7.55 Trillion in Q1 2026 as Oil Exports Drive 340%…
Nigeria’s external trade performance opened 2026 on a strong note as the country recorded a massive trade surplus…
United Capital Expands into East Africa with Investment Banking Licences in…
United Capital has recorded a major breakthrough in its African expansion strategy after securing investment…
Global Stocks Rally as Chip Surge Lifts Markets, South Korea’s Kospi Jumps Over 8%
Global stock markets extended their gains on Tuesday as a strong rebound in semiconductor stocks boosted investor…
Lagos Targets $300 Billion Economy, Strengthens Position as Africa’s Investment…
Lagos State has reaffirmed its position as Africa’s leading investment destination, unveiling ambitious plans to…
Nigerian Stocks Add N515 Billion as Bargain Hunting Fuels Strong Market Rebound
Nigeria’s stock market opened the week on a positive note, with investors gaining approximately N514.97 billion on…