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Market News Nigeria
Business

FG, World Bank Cancel $717.7 Million Power Sector Loan as Tariff Deficits Worsen

May 26, 2026 0
investment

VFD Group Eyes Pan-African Expansion After ₦50.67bn Rights Issue Boost

Business

Nigeria Receives $187.3m US Aid as Washington Tightens Funding…

Business

Nigeria Private Sector Credit Declines by N14 Trillion Despite CBN…

Business

Alaoji Power Plant Restored: NDPHC Revives 450MW Facility Amid Nigeria…

Local

Digital Switch-Over: NBC Says N605.2 Trillion Advertising Market Set to Be…

May 26, 2026 0
The National Broadcasting Commission (NBC) has projected that Nigeria’s upcoming Digital Switch-Over (DSO) will…
Technology

Microsoft’s new responsible tech lead on how to humanize high-speed AI development

May 26, 2026 0
Microsoft’s responsible AI development is facing the ultimate test: how to build cutting-edge technology at speed…
Business

South Korea Kospi Hits Record High as Asian Markets Trade Mixed on Iran Peace…

May 26, 2026 0
South Korea’s benchmark Kospi index surged to a fresh record high on Tuesday, leading gains across Asian markets as…
Business

NGX ETF Turnover Drops 31% to N815.90m as Investor Activity Weakens Across Major…

May 26, 2026 0
Trading activity on the Nigerian Exchange (NGX) Exchange Traded Fund (ETF) segment slowed sharply in the week ended…
Business

Capital Markets Urged to Fund Africa’s Creative Economy — Kwairanga Pushes for New…

May 26, 2026 0
African capital markets have been urged to expand their investment focus beyond traditional sectors such as oil,…
Business

Oil Prices Rise as US Strikes in Iran Stall Peace Deal Hopes, Global Stocks Turn…

May 26, 2026 0
Global oil prices climbed on Tuesday while stock markets showed mixed performance, as renewed U.S. military strikes…
Business

UK Exempts Nigeria from Russian Fuel Sanctions Tightening Amid Global Energy Shift

May 26, 2026 0
The United Kingdom has exempted Nigeria from stricter compliance checks under its updated sanctions regime…
Business

Nigeria’s Refinery Struggles Deepen as Fuel Import Bill Hits ₦46.17 Trillion Amid…

May 26, 2026 0
Nigeria’s dependence on imported fuel continues to spark debate as industry experts warn that local refineries are…
Business

CBN Injects N9.71 Trillion Through OMO Bills as Naira Gains N19.67 Against Dollar…

May 26, 2026 0
Nigeria’s foreign exchange market showed signs of renewed stability in April 2026, with the naira appreciating by…
Business

Nigeria, Turkey Seal Mining Partnership to Boost Investment and Solid Minerals…

May 26, 2026 0
Nigeria has taken another step toward attracting foreign investment into its mining industry after signing a…
Business

Dangote faces price war as NNPC backs fuel imports

May 26, 2026 0
Nigeria’s downstream petroleum sector is heading for another major showdown as the Nigerian National Petroleum…
Business

FG Cancels $717.7 Million World Bank Power Loan as Nigeria’s Electricity Crisis…

May 26, 2026 0
Nigeria’s efforts to revive its struggling electricity sector suffered a major setback after the Federal Government…
Business

Foreign Investors, Banks Target Nigerian Insurance Firms as Recapitalisation…

May 25, 2026 0
As Nigeria’s insurance industry races against the clock to meet new capital requirements, foreign investors and…
Business

Nigeria’s Oil Sector Contributes 3.92% to GDP in Q1 2026 Despite Improved Growth…

May 25, 2026 0
Nigeria’s oil sector accounted for 3.92% of the country’s real Gross Domestic Product (GDP) in the first quarter of…
Breaking

Nigeria’s GDP Grows 3.89% in Q1 2026 as Agriculture and Services Power Economic…

May 25, 2026 0
Nigeria’s economy began 2026 on a stronger footing, with the country’s Gross Domestic Product (GDP) expanding by…
Business

NGX Boss Urges CBN to Integrate Capital Market Development into Monetary Policy…

May 25, 2026 0
The Group Managing Director and Chief Executive Officer of the Nigerian Exchange Group (NGX Group), Temi Popoola,…
Business

Naira Weakens to N1,375/$ Amid Rising FX Pressure Despite $48.72bn External…

May 25, 2026 0
The Naira weakened to N1,375.46 per dollar in the official market last week, marking a 0.32% decline as pressure…
Business

Capital market awards spotlight rising investor participation

May 25, 2026 0
Nigeria’s capital market is once again taking centre stage as preparations begin for the second edition of the…
Business

MPC Holds Interest Rate at 26.5% as Inflation Pressures Rise: What It Means for…

May 25, 2026 0
At its 305th meeting, Nigeria’s Monetary Policy Committee (MPC) chose to keep the Monetary Policy Rate (MPR)…
Business

Nigeria’s Economic Pulse: NBS GDP Report, AfDB Meetings, Dangote Refinery IPO and…

May 25, 2026 0
Nigeria and the wider African business landscape are set for a packed week of economic signals and…
Business

Nigerian Stock Market Rally Faces Overbought Signals Despite Strong Valuations and…

May 25, 2026 0
The Nigerian Exchange Group (NGX) is riding one of its strongest bull runs in history, with the All-Share Index…
Business

Oil Prices May Crash as Iran–US Peace Talks Signal Possible Reopening of Strait of…

May 25, 2026 0
Global oil markets may be heading for a major shake-up as renewed Iran–US peace talks raise hopes of reopening the…
Business

Cooking Gas Crisis in Nigeria: Prices Hit ₦1,500/kg as Marketers Warn of Scarcity…

May 25, 2026 0
Nigeria’s cooking gas market is under fresh pressure as marketers raise alarm over worsening scarcity and a sharp…
International

Google Faces AI Security Scrutiny as Experts Warn Businesses Against Emerging…

May 25, 2026 0
As businesses race to adopt artificial intelligence, experts are warning that security can no longer be treated as…
Business

CPPE Defends Dangote Refinery, Rejects Monopoly Claims and Calls for Stronger…

May 25, 2026 0
The Centre for the Promotion of Private Enterprise (CPPE) has rejected allegations that the Dangote Refinery poses…
Business

NGX Weekly Trade Value Falls 50% to N161.8bn as Investors Turn Cautious

May 25, 2026 0
Investor activity on the Nigerian Exchange (NGX) slowed sharply last week as the total value of shares traded…
Business

Nigeria’s Foreign Reserves Rebound by $551 Million in May, Boosting Confidence in…

May 25, 2026 0
Nigeria’s foreign reserves have recorded a remarkable recovery, rising by approximately $551 million within the…
Business

NNPC Battles Dangote Refinery in Court, Warns Against Fuel Market Monopoly

May 25, 2026 0
The Nigerian National Petroleum Company Limited (NNPC) has strongly opposed the lawsuit filed by Dangote Petroleum…
Business

Seplat Energy Targets Expansion, Approves 2025 Dividend Amid Record Production…

May 22, 2026 0
Seplat Energy Plc has entered a bold new phase of expansion, combining strong financial performance with an…
Business

Chinese Investors May Acquire 51% Stake in Port Harcourt and Warri Refineries as…

May 22, 2026 0
Nigeria is considering a major shift in its downstream oil sector that could see Chinese investors take a…
1 2 3 … 828 Next

Recent Posts

CBN Sells N829.32bn Treasury Bills as Investors Rush…

May 22, 2026

BUA Cement Declares N338.64bn Dividend as Profit Surges,…

May 22, 2026

European Markets Rise as Stocks Open Higher Despite Puig…

May 22, 2026

Naira Strengthens to ₦1,840/£1 as UK Political Tensions…

May 22, 2026
Prev Next 1 of 6,199

NIGERIA

Business

CBN Extends Breathing Space for Banks as Legal Bottlenecks Slow Recapitalisation Drive

May 22, 2026
Business

Oil Asset Security in Niger Delta Gets Boost as Youth Employment Programs Reduce Vandalism in Bayelsa

May 22, 2026
Business

Trade growth: Nigeria’s maritime sector shows early gains from reforms

May 22, 2026
Business

Sterling Financial Holdings Leads Trading as Nigerian Stock Market Rebounds, Gains 111 Points

May 22, 2026
Prev Next 1 of 3,168

World

European Markets Rise as UK Political Uncertainty and…

May 14, 2026

UN Warns Trump Against Iran Strikes as Deadline Nears:…

Apr 7, 2026

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

Oct 3, 2024
Prev Next 1 of 1,563
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