Dulux owner Akzo Nobel plummets 19% after takeover talks fall through
European markets opened the day under pressure as investor sentiment weakened across major indices, with growing…
Dangote alleges crude supply sabotage by govt, NNPC objects
The battle between Africa’s richest man’s refinery and Nigeria’s oil authorities has escalated, as…
AI Could Shake Global Jobs: ILO Warns of 52 Million Job Equivalents Lost and $3…
The rapid rise of Artificial Intelligence (AI) is reshaping the global workforce, but a new warning from the…
CBN FX Manual Reform: Cardoso Bets on Rules to Stabilise Nigeria’s Foreign…
Nigeria’s foreign exchange market has long struggled with instability, uncertainty, and policy inconsistencies that…
Naira Strengthens to N1,833/£1 as CBN Policies and FX Reserves Support Stability…
The Nigerian naira has continued its steady performance against the British Pound Sterling, trading at around…
Nigeria’s China Zero-Tariff Deal Faces Reality Check as Experts Demand Shift to…
More than a month after Nigeria was included in China’s zero-tariff arrangement for African exports, expectations…
Afreximbank deploys new instruments, trading models for AfCFTA
The African Export-Import Bank (Afreximbank) is ramping up efforts to turn the African Continental Free Trade Area…
Nigerian Stock Market Turns Bearish as NGX Loses N479bn Amid Broad Sell-Off
The Nigerian equities market closed on a negative note as bearish sentiment dominated trading activities, wiping…
IMF Warns Against Costly Subsidies as Food Inflation Rises Globally
The International Monetary Fund (IMF) has issued a strong warning to governments worldwide, advising them to avoid…
Dangote Crowned Africa’s Most Admired Brand for Eighth Consecutive Year
Dangote Industries Limited has once again solidified its reputation as a continental powerhouse after being named…
DMO Opens June 2026 FGN Savings Bond at 14.777% Interest as Nigeria Raises…
The Debt Management Office (DMO) has officially opened subscription for the June 2026 FGN Savings Bond, offering…
NGX Loses N2.29 Trillion as Market Sell-Off Deepens in Early June Trading
The Nigerian equities market started June 2026 on a bearish note, wiping out a staggering N2.29 trillion in market…
Microsoft Unveils Scout AI Assistant to Bring Personalized Automation to Microsoft…
Microsoft has introduced Scout, a next-generation AI assistant designed to help users automate tasks, manage…
Tinubu’s Economic Reforms Propel Nigerian Stock Market to Record N160 Trillion
Nigeria's stock market has witnessed an unprecedented transformation over the last three years, with the Nigerian…
DisCos Generate N600bn in Q1 Despite Persistent Power Outages Across Nigeria
Nigeria's Electricity Distribution Companies (DisCos) generated nearly N600 billion in revenue during the first…
Nigeria’s capital market becomes first in Africa to adopt one-day trade settlement…
Nigeria has achieved a major milestone in its financial sector as the Nigerian Exchange (NGX) officially…
CSCS Launches T+1 Settlement Cycle in Nigeria: Capital Market Enters Faster Global…
Nigeria’s capital market has taken a major leap forward as the Central Securities Clearing System (CSCS) Plc…
NGX Opens Week Bearish as Market Capitalisation Drops 1.13% on Heavy Sell Pressure
The Nigerian Exchange Limited (NGX) began the new trading week on a negative note as investors recorded widespread…
European stocks rebound as oil prices slip; Abivax shares tumble
European markets staged a recovery on Tuesday as investor sentiment improved, with the Stoxx 600 climbing around…
CBN Faces N10.90 Trillion Liquidity Surge in June as OMO Maturities Hit N7.77…
Nigeria’s financial system is heading into another wave of liquidity pressure as the Central Bank of Nigeria (CBN)…
CBN Targets N2.83tn Cash in Circulation as Nigeria Pushes Cashless Economy Ahead…
The Central Bank of Nigeria (CBN) has announced a bold plan to pull about N2.83 trillion in cash currently outside…
Nigeria Courts Turkish Investors in Bold Push to Tap $750bn Mineral Wealth
Nigeria has taken a major step to unlock its vast mineral wealth as it signs a new partnership with Türkiye…
Nigeria’s 3.89% GDP Growth Fails to Lift Living Standards Despite Economic Gains –…
Nigeria’s economy recorded a 3.89% year-on-year growth in the first quarter of 2026, but fresh analysis from…
Petrol Price Surges 643% in Nigeria as Fuel Crisis Deepens Amid Global Oil Shocks
Nigeria’s fuel market has witnessed a dramatic and painful transformation as the price of Premium Motor Spirit…
Oil Workers Shut Down NUPRC Nationwide Over Foreign Training Dispute
Operations at the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) were brought to a standstill on Monday…
Alphabet to Raise $80 Billion for Massive AI Expansion as Berkshire Hathaway Joins…
Alphabet, the parent company of Google, has announced a massive plan to raise $80 billion through stock sales as it…
Flutterwave Hits 1 Billion Transactions and $40 Billion Payment Volume as African…
African fintech powerhouse Flutterwave has reached a major milestone, announcing that it has now processed over 1…
Naira Misses Africa’s Top 10 Currencies in May Despite FX Stability and Rising…
Despite signs of improved stability in Nigeria’s foreign exchange market, the naira failed to break into Africa’s…
Nigeria Economy Q1 2026: Best and Worst Performing Sectors as Growth Strengthens…
Nigeria’s economy is showing clearer signs of stability in 2026, with stronger macroeconomic indicators compared to…
Nigeria Makes History as Capital Market Shifts to Faster T+1 Settlement Cycle
Nigeria’s capital market has recorded a major breakthrough with the official launch of a T+1 settlement cycle,…