Santander Shares Drop 4% Following $12.2 Billion Webster Bank Acquisition
Santander’s stock fell sharply on Wednesday, down nearly 4%, after the Spanish banking giant revealed plans to…
Banking Stocks Boost NGX Market Cap by ₦340bn as Industrial Shares Rally
The Nigerian Exchange (NGX) recorded a significant boost on Tuesday as banking stocks and select industrial…
Jaiz Bank Earnings Surge to N31.04bn on Strong Financing and Investment Growth
Jaiz Bank Plc has reported a significant rise in its earnings, posting a profit of N31.04bn for the 2025 financial…
Transcorp Hotels Reports N32.8 Billion Profit in FY2025, Declares N1.20 Final…
Transcorp Hotels Plc has announced a strong finish to 2025, posting a full-year pretax profit of N32.8 billion,…
Tinubu Pledges Continuation of Nigeria Economic Reforms as World Bank Applauds…
President Bola Ahmed Tinubu has reiterated that there is “no turning back” on Nigeria’s economic reform agenda,…
Nigeria to Power Africa’s Growth Through Gas: NNPC Unveils $60bn Investment Plan
Nigeria is positioning itself as a key driver of Africa’s economic and industrial future by leveraging its abundant…
Tinubu: Reforms Drive $8bn FIDs and $10bn Capital Inflows in Nigeria’s Oil &…
President Bola Tinubu has hailed recent reforms in Nigeria’s oil and gas sector as transformative, saying they have…
New Tax Reforms Set to Boost Nigeria’s Global GDP Share, Says Abdullahi Hashim
Nigeria’s recent tax reforms are positioning the country as a rising contributor to the global economy, with the…
Nigeria Targets 7% Economic Growth by 2028 Through Structural Reforms, Says…
Nigeria is positioning itself for stronger economic growth, with the Federal Government targeting a 7% expansion of…
Nigeria’s Mobile Internet Speeds Double in Two Years Amid 4G Expansion
Nigeria’s mobile internet experience has taken a major leap forward, with average download speeds more than…
Epstein wanted to trade in Nigeria’s crude oil, but feared being defrauded
Newly released FBI documents reveal that Jeffrey Epstein, the disgraced financier, explored a business deal to…
TotalEnergies 2025 Results Raise Dividend Fears After First Loss in Six Years
TotalEnergies Marketing Nigeria Plc recorded its first major financial setback in six years in 2025, posting a…
Nigeria to Partner Global Allies on Clean Energy Transition — Tinubu
President Bola Tinubu has reaffirmed Nigeria’s commitment to working with African countries, global allies, and the…
Government Securities Now Make Up 11% of Nigerian Banks’ Assets — S&P Warns…
Government securities now account for about 11 per cent of Nigerian banks’ total assets, highlighting years of…
Nigeria Secures $18.2bn Oil Investments as 28 Field Development Plans Signal…
Nigeria recorded a major turnaround in its oil and gas sector in 2025, securing $18.2bn in fresh investments…
How CBN Reforms Lifted Nigeria from EU High-Risk Financial List
For over a decade, Nigeria bore a costly global label as a “high-risk” country for money laundering and terrorism…
NESG Appoints Transcorp CEO and Shell Executive to Strengthen Private-Sector…
The Nigerian Economic Summit Group (NESG) has named two leading figures from the energy and corporate sectors to…
Nigerians Warned of Epileptic Petrol Supply as Costs and Bank Debts Mount
Independent petrol marketers in Nigeria have cautioned that motorists may soon face an era of irregular or…
Dangote Group Expands Gas Supply Deals with NNPC Subsidiaries to Boost Industrial…
Three key subsidiaries of Dangote Industries Limited—Dangote Petroleum Refinery, Dangote Fertiliser Plant, and…
SpaceX Acquires xAI: Elon Musk Plans Ambitious Space-Based Data Centers
SpaceX has officially acquired Elon Musk’s artificial intelligence startup, xAI, in a deal that creates the world’s…
OpenAI Launches Codex Desktop App for Developers, Expanding Its AI Coding Empire
OpenAI has officially launched the Codex Desktop App, a macOS-focused tool aimed at developers and companies…
FG Raises N1.5 Trillion in 2026 First Bond Auction Amid Strong Investor Demand
The Federal Government of Nigeria raised a total of N1.5 trillion in its first bond auction of 2026, signaling…
Nigerian Stock Market Surges N6.8 Trillion in January as Blue-Chip Stocks Lead…
The Nigerian Exchange Limited (NGX) started 2026 on a high note, adding N6.8 trillion or 6.8% to its market…
Nigerian Exchange Drops 549 Points as Investors Lose ₦300 Billion
Investors on the Nigerian Exchange (NGX) faced a sharp pullback on Wednesday, January 28, 2026, as the market shed…
Asia Markets Surge as Japan Hits Record High Amid U.S.-India Trade Deal
Asia-Pacific markets jumped on Tuesday as investor optimism returned, fueled by a fresh U.S.-India trade deal and…
First HoldCo Stock Dip: Is This the Investment Opportunity Investors Have Been…
On Lagos’ bustling Custom Street, one name has been on every investor’s lips this week: First HoldCo. Once seen as…
Google and African Partners Launch WAXAL to Expand AI Access Across Africa
Google has teamed up with leading African research institutions to launch WAXAL, a large-scale open speech dataset…
NNPC Remittance to FAAC Plunges 86%, Deepening Nigeria’s Oil Revenue Crisis
Nigeria’s oil revenue experienced a dramatic decline in 2025 as the Nigerian National Petroleum Company (NNPC)…
Nigeria’s Refiners Struggle Amid Crude Shortages Despite 306 Million Barrels…
Local oil refiners in Nigeria continue to grapple with persistent crude shortages, even as the country exported an…
Lokpobiri: Only Foreign Firms Can Handle Offshore Exploration in Nigeria
Nigeria’s Minister of State for Petroleum Resources, Heineken Lokpobiri, has stated that local companies currently…