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Market News Nigeria
Business

How CBN Reforms Lifted Nigeria from EU High-Risk Financial List

Feb 3, 2026 0
Business

NESG Appoints Transcorp CEO and Shell Executive to Strengthen…

Business

Nigerians Warned of Epileptic Petrol Supply as Costs and Bank Debts…

Business

Dangote Group Expands Gas Supply Deals with NNPC Subsidiaries to Boost…

Technology

SpaceX Acquires xAI: Elon Musk Plans Ambitious Space-Based Data…

Technology

OpenAI Launches Codex Desktop App for Developers, Expanding Its AI Coding Empire

Feb 3, 2026 0
OpenAI has officially launched the Codex Desktop App, a macOS-focused tool aimed at developers and companies…
Local

FG Raises N1.5 Trillion in 2026 First Bond Auction Amid Strong Investor Demand

Feb 3, 2026 0
The Federal Government of Nigeria raised a total of N1.5 trillion in its first bond auction of 2026, signaling…
Business

Nigerian Stock Market Surges N6.8 Trillion in January as Blue-Chip Stocks Lead…

Feb 3, 2026 0
The Nigerian Exchange Limited (NGX) started 2026 on a high note, adding N6.8 trillion or 6.8% to its market…
Business

Nigerian Exchange Drops 549 Points as Investors Lose ₦300 Billion

Feb 3, 2026 0
Investors on the Nigerian Exchange (NGX) faced a sharp pullback on Wednesday, January 28, 2026, as the market shed…
Business

Asia Markets Surge as Japan Hits Record High Amid U.S.-India Trade Deal

Feb 3, 2026 0
Asia-Pacific markets jumped on Tuesday as investor optimism returned, fueled by a fresh U.S.-India trade deal and…
Business

First HoldCo Stock Dip: Is This the Investment Opportunity Investors Have Been…

Feb 3, 2026 0
On Lagos’ bustling Custom Street, one name has been on every investor’s lips this week: First HoldCo. Once seen as…
Technology

Google and African Partners Launch WAXAL to Expand AI Access Across Africa

Feb 3, 2026 0
Google has teamed up with leading African research institutions to launch WAXAL, a large-scale open speech dataset…
Business

NNPC Remittance to FAAC Plunges 86%, Deepening Nigeria’s Oil Revenue Crisis

Feb 3, 2026 0
Nigeria’s oil revenue experienced a dramatic decline in 2025 as the Nigerian National Petroleum Company (NNPC)…
Business

Nigeria’s Refiners Struggle Amid Crude Shortages Despite 306 Million Barrels…

Feb 3, 2026 0
Local oil refiners in Nigeria continue to grapple with persistent crude shortages, even as the country exported an…
Business

Lokpobiri: Only Foreign Firms Can Handle Offshore Exploration in Nigeria

Feb 3, 2026 0
Nigeria’s Minister of State for Petroleum Resources, Heineken Lokpobiri, has stated that local companies currently…
investment

Regulatory Gaps Driving Away African Energy Investors, Warns NUPRC Boss

Feb 3, 2026 0
Regulatory inconsistencies across African countries are threatening to scare off energy investors, the Chief…
Business

CBN Report Reveals Sharp Divide in Nigeria’s Fintech Industry Over Regulatory…

Feb 3, 2026 0
Nigeria’s fintech ecosystem is split down the middle on how supportive the country’s regulatory framework really…
Business

European Stocks Rise as Markets Stabilize After Historic Global Sell-Off

Feb 3, 2026 0
European stocks opened higher on Tuesday as global markets showed signs of calm following a brief but historic…
Business

Nigerian Engineers Prove Global Capability with Egina, Ikike Projects –…

Feb 3, 2026 0
Nigeria’s Egina deepwater and Ikike shallow-water oil projects have emerged as strong evidence that Nigerian…
Business

Naira Ends January Stronger at ₦1,386/$ in Official Market as FX Stability…

Feb 3, 2026 0
The naira closed the month of January 2026 on a positive note, strengthening against the United States dollar in…
Banking

Profit Up 29%, Rating Down to Junk: The Afreximbank Paradox

Feb 2, 2026 0
Africa’s largest trade finance institution, Afreximbank, is in the spotlight after Fitch Ratings downgraded the…
Business

Nigeria Oil Exports to Drop as Bonga FPSO Undergoes Scheduled Maintenance

Feb 2, 2026 0
Nigeria’s oil exports will decline sharply in February as production from the Bonga Floating Production Storage and…
Business

Nigeria’s Big 10 Stockbrokers Dominate NGX Trading With ₦7.4 Trillion Deals in…

Feb 2, 2026 0
In the fast-moving corridors of the Nigerian Exchange Limited (NGX), power in 2025 was anything but evenly spread.…
Business

Onitsha Main Market Reopens as Sit-at-Home Falters Under Soludo’s Directive

Feb 2, 2026 0
Economic activity returned to life at the Onitsha Main Market on Monday as traders reopened their shops,…
Business

CBN Tightens Liquidity, Withdraws N15 Trillion from Nigeria’s Financial System in…

Feb 2, 2026 0
Nigeria’s financial system faced intense liquidity pressure in January as the Central Bank of Nigeria (CBN)…
Technology

Telecoms Sector Expands with 2,850 New Sites and $1bn Investment in Q4 2025 – NCC…

Feb 2, 2026 0
The Nigerian Communications Commission (NCC) has revealed significant progress in the nation’s telecoms sector,…
Technology

Nvidia CEO Denies OpenAI Investment Stall Amid $100B Partnership Talks

Feb 2, 2026 0
Nvidia CEO Jensen Huang has dismissed reports suggesting tension between his company and OpenAI, calling them…
Technology

Africa’s AI Drive Must Prioritize Human Factors, Expert Warns

Feb 2, 2026 0
Africa’s push to adopt artificial intelligence (AI) risks falling short if governments continue to focus solely on…
Business

NNPC Unveils Gas Master Plan 2026, Targets 20 Million LPG Cylinders by 2030

Feb 2, 2026 0
The Nigerian National Petroleum Company Limited (NNPC Ltd) has officially unveiled its Gas Master Plan (GMP) 2026,…
Business

Nigerian Manufacturers Face 21% Surge in Energy and Raw Materials Costs

Feb 2, 2026 0
Eight major Nigerian manufacturing firms spent a combined N1.01 trillion on energy and raw materials in the nine…
Business

Global Stocks, Oil, and Precious Metals Plunge Amid Tech Fears and Market…

Feb 2, 2026 0
Global financial markets opened the week on a turbulent note as stocks, oil, and precious metals plunged, extending…
Business

Bitcoin Falls Below $84,000 as $1 Billion ETF Outflows Shake Crypto Market

Feb 2, 2026 0
Bitcoin tumbled below the key $84,000 support level, hitting around $82,600, as massive outflows from…
Business

Nigeria Removed from EU High-Risk List After Major Financial Reforms

Feb 2, 2026 0
Nigeria has officially been removed from the European Union’s high-risk list for money laundering and terrorism…
Local

FG Disburses N2.45 Trillion to States for Infrastructure and Security Projects

Feb 2, 2026 0
The Federal Government (FG) has disbursed a total of N2.45 trillion to Nigeria’s 36 states and the Federal Capital…
Business

European Stocks Slide as Precious Metals Crash Hits Mining and Tech Sectors

Feb 2, 2026 0
European stocks opened the week on a sour note, as investors reacted to volatility in precious metals and growing…
1 2 3 … 777 Next

Recent Posts

UACN’s Acquisition of CHI Limited: A Strategic Gamechanger…

Feb 2, 2026

NGX All-Share Index Falls 0.09% as Trading Activity Dips…

Feb 2, 2026

US-Nigeria Investment Partnership Launched to Boost Trade…

Feb 2, 2026

Nigeria’s Crude Exports to Drop 225,000 BPD as Shell Shuts…

Feb 2, 2026
Prev Next 1 of 5,820

NIGERIA

Business

Bank Stocks Drag NGX Lower Despite Fresh Listings Boosting Market Capitalisation

Feb 2, 2026
Business

VDL Technologies Sets Sights on Africa, Europe Expansion Amid Nigeria’s Economic Pressures

Feb 2, 2026
Energy

Nigeria Gas Flaring Hits 203.9 Billion SCF in 2025 Despite High Utilisation – NUPRC

Jan 30, 2026
Business

CBN Governor Olayemi Cardoso Engages British International Investment Delegates to Boost Nigeria’s Financial Sector

Jan 30, 2026
Prev Next 1 of 2,902

World

Saudi warns of $50 oil if OPEC+ fails to honour cut deal

Oct 3, 2024

Walz, Vance clash at policy-heavy vice presidential debate

Oct 2, 2024

Refugees Contribute $124b To U.S. Economy

Oct 2, 2024
Prev Next 1 of 1,562
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