Naira Ends Losing Streak as FX Liquidity Improves, Trades at N1,379/$ Amid…
The Nigerian naira staged a mild recovery in the official foreign exchange market on Wednesday, breaking a…
Dangote Cement Posts N421.1bn Q1 Profit as Revenue Crosses N1.19 Trillion
Dangote Cement Plc has started 2026 on a strong note, reporting a profit before tax of N421.1 billion in…
Naira Strengthens Slightly Against Dollar as FX Turnover Surges in Nigerian…
The Nigerian naira recorded a modest gain against the US dollar on Wednesday, supported by a notable rise in…
Africa Positioned at the Heart of Global AI Economy’s Future – ELIN Group CEO
Nigerian business leader and Chief Executive Officer of ELIN Group, Dr. Elizabeth Jack-Rich, has said Africa will…
NGX crosses N150 trillion market cap as equities surge N5.55 trillion in…
The Nigerian equities market delivered a historic performance on Wednesday as the Nigerian Exchange Group (NGX)…
NGX Targets Deeper Market Growth as Shareholders Approve N2 Dividend, Bonus Shares
The Nigerian Exchange Limited (NGX) has reaffirmed its ambition to drive deeper capital market growth, strengthen…
Petrol Nears N1,400/Litre as Dangote Raises Price Amid Global Oil Shock and Middle…
Petrol prices are edging dangerously close to N1,400 per litre across Nigeria as global oil market tensions…
Satya Nadella Says Microsoft Will “Exploit” New OpenAI Deal as AI Partnership…
Microsoft CEO Satya Nadella has expressed strong confidence in the company’s updated partnership with…
European Markets Fall as Oil Surges and Investors Brace for ECB and BOE Decisions
European stock markets opened lower on Thursday as investors reacted to a sharp rise in oil prices driven by…
Telecom operators push for new policy as NNBP 2020-2025 fails expectations
Four months after the expiration of Nigeria’s National Broadband Plan (NNBP) 2020–2025, telecom operators are…
Brent Crude Surges Past $126 Amid Trump’s Iran Strike Consideration, Raising…
Global oil markets rallied sharply on Thursday as Brent crude surged past $126 per barrel, driven by rising…
Nigeria PMI Falls to 49.4, Signals First Economic Contraction in 16 Months
Nigeria’s economic momentum took a hit in April 2026 as the Purchasing Managers’ Index (PMI) slipped…
Africa Must Unite to Unlock Global Solid Minerals Market — Dele Alake
Nigeria’s Minister of Solid Minerals Development, Dele Alake, has called for stronger regional cooperation among…
Brent Oil Surges Above $123 Amid Reports of Possible U.S. Military Action on Iran
Global oil markets rallied sharply on Thursday, with Brent crude rising above $123 per barrel following reports…
Nigerian Stock Market Surges by N3.2trn as Investors Return, Market Cap Hits…
The Nigerian stock market recorded a strong recovery on Wednesday, gaining N3.204 trillion in market capitalisation…
East Africa Attracts $4.1bn Investment as Reforms Drive Capital Surge Across…
East Africa has recorded a major boost in investor confidence, attracting about US$4.1bn in investments between…
BII Targets £9 Billion Investment Push to Boost Nigeria and African Economies
The British International Investment (BII), the United Kingdom’s development finance institution and impact…
Cooking Gas Prices in Nigeria Rise as 5kg Hits N7,655 Amid March 2026 Inflation…
Cooking gas prices in Nigeria recorded another sharp increase in March 2026, placing additional pressure on…
Oil Supply Shock: Strait of Hormuz Closure Triggers Historic Crude Crisis and…
The global oil market is facing what analysts are calling the most severe supply shock in history, after the…
AI Reduces Nigeria Media Traffic by 26% as News Consumption Shifts – Report…
Nigeria’s digital media industry has recorded a significant shift, with audience traffic falling sharply by 26.2%…
UK-Nigeria Tech Hub Launches Creative Fund to Boost Film, Fashion and Music…
The UK-Nigeria Tech Hub has officially launched a Creative Fund aimed at strengthening Nigeria’s…
OpenAI Expands to Amazon Web Services After Ending Microsoft Cloud Exclusivity
OpenAI has officially expanded its reach into Amazon’s cloud ecosystem, making its generative AI models available…
Why Mobile Internet Alone Can’t Power Nigeria’s Digital Future – NCC, Experts Warn
Nigeria’s telecom space is increasingly shifting from familiar consumer frustrations over airtime disputes and…
Nigeria records surge in foreign currency tax receipts to N6.33 trillion
Nigeria recorded a significant rise in foreign currency-denominated tax collections in 2025, as total receipts…
NUPRC Board Resumes Duties, Pledges Oil Sector Reforms Amid Global Energy…
The newly inaugurated board of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially resumed…
Inefficient Refineries Should Be Phased Out to Boost Energy Efficiency – Dangote…
The Managing Director and Chief Executive Officer of Dangote Petroleum Refinery, David Bird, has called for the…
Foreign Currency Tax Revenue Hits N6.33tn as Naira Volatility Reshapes Nigeria’s…
Nigeria’s tax system saw a major shift in 2025 as foreign currency-denominated tax receipts climbed to N6.33tn,…
Nigeria, Ghana Lead African Small-Cap Stock Rally as Investors Chase Record…
African equities are experiencing a powerful shift in 2026, as small-cap stocks take centre stage in driving market…
NNPC Hikes Oil Prices Amid US-Iran War as Global Crude Surges
Nigeria’s oil sector has seen a sharp shift as the Nigerian National Petroleum Company Limited (NNPC)…
NGX Sees 107.7% Surge in Foreign Investment to N288.82bn as Investor Confidence…
Foreign investor participation on the Nigerian Exchange Limited (NGX) recorded a significant rebound in March 2026,…