Nigeria’s Portfolio Inflows Rise 14.4% to $6.03 Billion in Q1 2026
Nigeria recorded a sharp increase in portfolio investment inflows in the first quarter of 2026, with foreign investors bringing $6.03…
Farm Produce Inflation Hits 21.99% in August, Highest Level in 2026
Farm produce inflation in Nigeria climbed to 21.99% in August 2026, marking its highest level so far this year and…
UK Inflation Rises to 3.1% as Petrol and Diesel Prices Surge
The United Kingdom’s inflation rate climbed to 3.1 percent in August 2026, up from 2.9 percent in July, as rising…
Meta Launches AI Subscription Plans as Tech Giant Expands Push to Monetise Artificial Intelligence
Meta has launched Meta One, a new subscription service that gives users expanded access to artificial intelligence (AI) tools across…
All On Invests $5m in PowerGen to Expand Mini-Grids, Reach 41,000 Nigerians
Renewable energy investment firm All On has committed $5 million to PowerGen Renewable Energy Nigeria Limited to expand mini-grid projects…
Fuel Price Warning: Oil Shock Could Push Brent to $120, Raise Costs for Nigerians
Nigeria is facing a fresh fuel price warning as disruptions to global oil supplies threaten to push Brent crude towards…
Economists Question CBN’s 45% CRR as Nigeria’s Reserves Hit 18-Year High
Economists have renewed calls for the Central Bank of Nigeria (CBN) to reconsider its 45 per cent Cash Reserve Ratio…
PenCom Extends Pension Verification Deadline to December as 118,901 Federal Workers Remain Unenrolled
The National Pension Commission (PenCom) has extended the deadline for the mandatory verification and enrolment of eligible Federal Government workers…
US Stock Futures Edge Higher as Investors Await Crucial Fed Rate Decision
U.S. stock futures moved modestly higher on Wednesday as investors turned their attention to the Federal Reserve’s highly anticipated interest…
Nigeria’s Energy Inflation Rises to 4.69% in August as Fuel and Power Costs Remain a Burden
Nigeria’s energy inflation rose to 4.69% in August 2026, reversing the decline recorded in July and highlighting the continued pressure…
Meta Lets AI Agents Handle WhatsApp Business Setup, Messaging and Troubleshooting
Meta is making it easier for businesses to set up and manage WhatsApp Business with the help of artificial intelligence.…
Nigerian Banks Gain 68% but Still Trade at Discount to African Peers
Nigerian banking stocks have delivered a strong run in 2026, with the NGX Banking Index rising 67.96% year-to-date as of…
Financial, Oil Stocks Lift NGX Market Capitalisation to N158.4tn
The Nigerian Exchange (NGX) closed Tuesday’s trading session on a strong note as renewed buying interest in major financial and…
Nigeria, Spain Move to Deepen Trade and Investment as Ambassador Calls for Stronger Ties
Nigeria and Spain are looking to strengthen their economic relationship, with Nigeria’s Ambassador to Spain, Okezie Ikpeazu, calling for the…
AI Threat to Humanity Sparks Fresh Debate as Trump Dismisses Fears
Concerns over the AI threat to humanity have intensified as former Google DeepMind researcher Bilal Chughtai warned that rapidly advancing…
Naira Holds Near ₦1,329/$ for Four Straight Sessions as FX Market Stability Extends
The naira has maintained a remarkably narrow trading range against the US dollar, closing around ₦1,329/$ for four consecutive trading…
Dangote: Petrol Smuggling Keeps Nigeria’s Fuel Prices High
Nigeria’s high petrol prices are being linked to continued cross-border smuggling, with Dangote Group President Aliko Dangote saying the price…
Nigeria’s Inflation Eases to 15.39% in August as Food Prices Slow
Nigeria’s headline inflation rate eased slightly to 15.39% in August 2026, down from 15.43% in July, as the pace of…
Nigeria’s Forex Reserves Hit $54bn: What Is Driving the Surge?
Nigeria’s foreign exchange reserves have climbed above the $54 billion mark, giving the country a stronger external buffer and providing…
Nigerian Stocks Gain N160 Billion as Nestlé, 19 Others Lift Market Capitalisation
The Nigerian equities market started the week on a positive note, with market capitalisation rising by N160 billion as gains…
T-Bill Demand Stays Strong as Investors Turn Cautious on Long-Term Bonds
Nigeria’s fixed-income market is showing a clear shift in investor preference as strong demand for Treasury bills contrasts with growing…
JPMorgan Relisting: FG Projects $17.5bn Inflow as Nigeria Returns to Global Bond Index
The Federal Government has projected that Nigeria’s JPMorgan relisting could attract about $17.5bn into the country’s debt market while reducing…
Nigeria’s Bonny Light Surges Past $115 as Saudi Pipeline Disruption Fuels Oil Price Rally
Nigeria’s Bonny Light crude has surged above $115 per barrel, extending the rally in global oil prices as heightened tensions…
Syria Fuel Crisis Raises Fresh Energy Security Concerns for Nigeria
Syria’s worsening fuel crisis has exposed the risks countries face when they depend heavily on imported crude, refined petroleum products…
NGX Rises 0.10% as Banking Stocks Lift Market on Dangote Refinery IPO Opening
The Nigerian equities market started the week on a positive note, with the Nigerian Exchange Limited (NGX) All-Share Index gaining…
Dangote Refinery IPO Rush Overwhelms Investment Platforms as Investors Scramble for Shares
The Dangote Refinery IPO has triggered a surge in investor activity across digital investment platforms, with Bamboo and Cowrywise recording…
Aliko Dangote’s Net Worth Surges to $51.3bn as Refinery IPO Boosts Wealth
Aliko Dangote’s net worth has surged by 63.37 percent to $51.3 billion following the launch of the initial public offering…
FG Raises N1.23 Trillion to Tackle N4 Trillion GenCo Debt
The Federal Government has raised N1.23 trillion through two bond issuances as part of efforts to address about N4 trillion…
Dangote Refinery Offers Retail Investors Extra Shares for Holding IPO Stock
Dangote Petroleum Refinery & Petrochemicals FZE has introduced an incentive aimed at encouraging more retail investors to participate in its…
Call Masking Resurges in Nigeria’s Telecom Sector as NCC Moves to Crack Down
Nigeria’s telecommunications sector is facing renewed concerns over the resurgence of call masking, an illegal practice that disguises international calls…