Nigeria to Gain FX Windfall as Crude Oil Surges Above $105 Amid Global Tensions
Nigeria is on track to record stronger foreign exchange inflows as global crude oil prices climb above $105 per…
NGX Market Cap Hits N155.9tn as Investors Gain N2.68tn Amid Industrial Stock Rally
The Nigerian Exchange (NGX) closed April 2026 on a historic high, with market capitalisation surging to N155.9tn as…
Nigeria Pushes for Fairness in Global Net-Zero Shipping Drive at IMO Talks
Nigeria has urged the international maritime community to ensure fairness and equity as the global shipping…
CBN to Raise N700 Billion via Treasury Bills Auction in May 2026 Amid Strong…
The Central Bank of Nigeria (CBN) has announced plans to raise N700 billion through its Nigerian Treasury Bills…
OPEC+ Approves 188,000 bpd Oil Production Increase Amid UAE Exit and Market…
OPEC+ has agreed to increase oil production by 188,000 barrels per day (bpd) starting in June, even as the United…
Nigeria’s Dollar GDP Rises 22% to $307bn in 2025 Amid Naira Gains and Economic…
Nigeria’s economy recorded a significant milestone in 2025 as its dollar-denominated gross domestic product…
Jet Fuel Price Drops to N1,820 as Dangote Offers Direct Airline Supply Amid…
The Dangote Petroleum Refinery has announced it will begin direct supply of aviation fuel to airlines in Nigeria at…
Oil Price Surge Adds N5.13 Trillion Windfall to Nigeria’s Revenue, but Fuels…
Nigeria has recorded a major fiscal boost after a sharp rise in global crude oil prices pushed government…
Konga Tech Month 2026 Drives Digital Access with 50% Discounts, Starlink…
Konga has kicked off its highly anticipated Tech Month 2026 campaign, offering Nigerians discounts of…
Naira rebounds to N1,858/£1 amid improved FX inflows and market stability
The Nigerian naira has staged a modest recovery against the British pound, trading at N1,858/£1 in the official…
NGX Trading Hits N287bn as Market Capitalisation Surpasses N150trn
Nigeria’s stock market recorded a strong performance last week, with trading activity on the Nigerian…
Naira Gains Slightly as FX Liquidity Hits $10bn in April, Trade Activity Surges
The Nigerian naira closed April 2026 on a slightly stronger note, supported by improved liquidity in…
NGX Group Q1 2026 Profit Surges 140% to N5.98bn on Strong Trading Activity
The Nigerian Exchange Group Plc delivered an impressive financial performance in the first quarter of 2026,…
Seplat Energy Q1 Profit Jumps to N52.5bn as Company Declares Dollar Dividend
Seplat Energy Plc has kicked off 2026 on a strong note, reporting a post-tax profit of N52.5 billion for the first…
NNPC Completes OB3 River Niger Crossing, Unlocks 2bcf/d Gas Capacity
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced the successful completion of the River…
Nigeria tops Africa on Solana blockchain, attracts $162,000
Nigeria has strengthened its position in the global digital economy, emerging as the leading hub for Solana…
MTN Nigeria Profit Surges to N355.5bn as Data and Fintech Revenue Drive Strong Q1…
MTN Nigeria Communications Plc has reported a strong start to 2026, more than doubling its profit after tax to…
Naira Ends Losing Streak as FX Liquidity Improves, Trades at N1,379/$ 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…