Trump Orders Probe Into Alleged Petrol Price Gouging by Major Oil Companies
President Donald Trump has directed the US Department of Justice to investigate major oil companies over…
NUPRC Pushes Drone Surveillance to Protect Nigeria’s Oil and Gas Assets
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has intensified efforts to strengthen the security of…
Meta Prediction Market App: Zuckerberg Pushes New ‘Arena’ Platform to Challenge…
Mark Zuckerberg is reportedly setting his sights on the rapidly growing prediction market industry, with plans for…
NGX Rally Continues as Investors Gain N1.64tn, Airtel Africa and Banking Stocks…
The Nigerian Exchange (NGX) sustained its bullish momentum on Tuesday, with investors recording significant gains…
Oil Prices Slide as Record 19 Million Barrels Pass Through Hormuz Strait
Global oil prices declined on Tuesday after a record 19 million barrels of crude oil moved through the Strait of…
Nigeria Inflation Outlook Brightens as Analysts Predict Gradual Decline from July
Nigeria's inflation outlook is showing signs of improvement as financial analysts project a gradual easing of price…
Nigeria’s Tech Industry Confident Ahead of 2027 Data Localisation Deadline
As the January 1, 2027 deadline for the Central Bank of Nigeria's (CBN) data localisation directive draws closer,…
Cash Outside Banks Climbs to N5.19 Trillion Despite CBN’s Aggressive Digital…
Nigeria’s transition to a cashless economy continues to face significant hurdles as cash held outside the banking…
Nigeria Digital Media Traffic Falls 26% as AI and Changing Audience Habits Reshape…
Nigeria's digital media landscape is undergoing a major transformation as audience traffic to online news and media…
Airlines Seek Direct Meeting with Tinubu Over Rising Taxes and Charges Threatening…
Domestic airline operators in Nigeria are pushing for a direct audience with President Bola Tinubu as concerns grow…
Naira Falls to Four-Week Low as Stronger U.S. Dollar Puts Pressure on Nigeria’s…
The Nigerian naira slipped to N1,373 against the U.S. dollar at the official foreign exchange market on June 23,…
Dangote Refinery Denies Fuel Re-Import Claims Through Lomé Hub
Dangote Petroleum Refinery has strongly denied reports suggesting that petroleum products exported from its…
Airtel Africa, Banking Giants Power NGX Rally as Investors Gain N1.64 Trillion in…
The Nigerian stock market continued its impressive rebound on Tuesday as investors gained N1.64 trillion in market…
Petrol Price Drop Sparks Fears of CNG Abandonment as Nigerian Motorists Reconsider…
The recent decline in petrol prices across Nigeria is beginning to reshape consumer behavior, with oil marketers…
Top NGX Insurance Stocks to Watch in H2 2026 as Market Rebound Creates New…
As Nigeria's stock market stages a strong recovery after weeks of heavy losses, investors are turning their…
SEC Warns Investors as Fake Dangote Refinery IPO Promotions Spread Online
The Securities and Exchange Commission (SEC) has issued a strong warning against the growing wave of advertisements…
Fitch warns Nigeria against $5bn Abu Dhabi loan, says financing method poses risks
Nigeria’s proposed $5 billion financing arrangement with First Abu Dhabi Bank has come under fresh scrutiny after…
Elon Musk Loses $350 Billion in Historic Wealth Drop as SpaceX Shares Tumble
Elon Musk has recorded the largest personal wealth loss in history after a sharp decline in SpaceX's stock price…
Lithium Demand Set to Surge 353% by 2040 as Nigeria Attracts Global Scramble for…
Global demand for lithium is expected to skyrocket by 353 per cent by 2040, according to projections from the…
Nigeria Capital Inflows Hit $21bn as FG Targets Bigger Trade and Investment Gains…
The Federal Government, through the Federal Ministry of Industry, Trade and Investment, has unveiled an ambitious…
Petrol Prices Stay High in Nigeria Despite Falling Crude Oil Prices Amid Global…
Petrol prices have remained stubbornly high across Nigeria, even as global crude oil prices decline toward levels…
Oil Production Recovery in Nigeria Linked to Improved Oil Asset Protection in…
Nigeria’s oil industry is showing signs of recovery, with growing evidence that improved protection of oil…
AI Data Centers Energy Consumption: Why Global Servers Now Burn 670,000 Barrels of…
The global race to power artificial intelligence is rapidly becoming one of the most energy-intensive shifts in…
SpaceX Shares Drop Over 4% as Post-IPO Rally Fades After Record-Breaking Debut
SpaceX shares slipped more than 4% in premarket trading on Monday, extending a recent decline that has…
Major Tech Layoffs in 2026: How AI Is Reshaping Jobs Across Global Tech Companies
The tech industry in 2026 is experiencing one of its most dramatic workforce shake-ups in recent history, with…
Nigerians Hold N5.19 Trillion Cash Outside Banks as Cash Usage Defies Digital…
Nigeria’s push toward a cashless economy continues to face strong resistance, as new data shows that Nigerians are…
Nigeria Among Nine Countries Responsible for 83% of Global Gas Flaring, World Bank…
Nigeria has once again been identified as one of the world’s top contributors to gas flaring, as a new World Bank…
NGX Banking Stocks Underperform in 2026 Market Rally as Oil and Industrial Sectors…
Nigeria’s banking sector is struggling to keep pace in the ongoing 2026 equities boom, as banking stocks on the…
Five states receive 21.2 per cent of VAT disbursement in April
Five Nigerian states have collectively taken a significant share of the country’s value-added tax (VAT)…
NGX Market Value Drops to N151.3tn as Profit-Taking Triggers Liquidity Tightening
The Nigerian Exchange Limited (NGX) ended the trading week on 19 June 2026 in the red, as widespread profit-taking…