Real Time Financial News Website
Amid escalating tensions in the Middle East, Nigeria is witnessing a sharp debate over petrol prices as the Dangote Petroleum Refinery and importers clash over costs. Data from the Major…
The Federal Government has reaffirmed its commitment to delivering tangible results under the African Continental Free Trade Area (AfCFTA), emphasizing that 2026 will focus on implementation rather than policy conceptualization.…
The federal government of Nigeria has introduced new presumptive tax rules aimed at Micro, Small, and Medium Enterprises (MSMEs) nationwide. Announced by the Minister of Finance and Coordinating Minister of…
Manufacturers in Nigeria are eyeing a rebound in access to bank credit after lending to the sector dropped to N7.09 trillion in September 2025, reflecting tight financial conditions throughout the…
The Nigerian pension fund industry has kicked off 2026 with remarkable growth, reaching a new high of N28.04 trillion in total assets as of January 31, 2026. This marks a…
Asia-Pacific markets mostly rose on Friday as investors cautiously assessed the impact of escalating tensions in the Middle East on energy supplies. Following a decline on Wall Street, regional markets…
The Nigerian equities market recorded a strong rebound on Thursday, as gains in several medium- and large-cap stocks boosted overall market performance. Data from the Nigerian Exchange Limited (NGX) Daily…
Bitcoin continued trading above $72,000 on Thursday, giving investors a sense of relief after a recent pullback. Yet some market watchers are raising caution, pointing out chart patterns reminiscent of…
The Nigerian stock market witnessed a notable boost yesterday, with the Nigerian Exchange Limited (NGX) gaining N221 billion, driven largely by heightened investor interest in Nestle Nigeria Plc and 32…
The Nigerian naira settled at N1,850 per British pound (GBP) in the official foreign exchange market on Wednesday, maintaining stability as investor confidence grows. Analysts say the psychological milestone of…
The Central Bank of Nigeria (CBN) pulled a record N13.41 trillion from the financial system in January 2026, nearly five times the N2.77 trillion withdrawn during the same month last…
Investors poured N2.34 trillion in bids at the latest Nigerian Treasury Bills (NTB) auction, more than double the N1.05 trillion initially offered by the Debt Management Office (DMO). The strong…
The U.S. dollar held steady in early Asian trading on Friday, buoyed by escalating tensions in the Middle East that have sent investors rushing toward safe-haven assets. With conflict intensifying,…
Nigeria’s largest refining facility, the Dangote Petroleum Refinery & Petrochemicals, has assured Nigerians that it will maintain a steady supply of petrol despite turbulence in the global oil market. The…
Google has expanded the language capabilities of its AI-powered search tools in Nigeria by adding support for Yorùbá and Hausa, marking a significant step toward making artificial intelligence more accessible…
The Nigerian stock market closed slightly higher on March 5, 2026, as the Nigerian Exchange All-Share Index gained 343.9 points to settle at 196,807.2 points, representing a 0.18% increase from…
Industry experts have stressed that stronger financing frameworks, strategic infrastructure investment, and the adoption of advanced technology are crucial to unlocking Nigeria’s gas potential and expanding domestic utilisation. The Managing…
A surge in global oil prices triggered by the escalating conflict involving the United States, Israel and Iran could bring economic relief to a handful of African oil producers, including…
Oil prices surged sharply on Wednesday as escalating tensions in the Middle East disrupted global energy supplies, sending benchmarks to multi-month highs. Brent crude climbed $2.67, or 3.3%, to $84.07…
Crude oil prices soared on Thursday, reaching $84 per barrel, the highest level in 2026, well above Nigeria’s federal budget benchmark of $64.85 per barrel. Brent crude, the global benchmark,…
Nigerian banks’ lending to the private sector dipped to N75.24 trillion in January 2026, down from N75.83 trillion in December 2025, the Central Bank of Nigeria (CBN) reported. The decline,…
Nigeria is set to officially launch its National Single Window (NSW) digital trade platform on March 27, a move hailed as a major step in modernizing the country’s trade ecosystem.…
The African Development Bank Group (AfDB) has approved a €6.5 million investment in the Saviu II venture capital fund, aiming to accelerate the growth of technology startups across Francophone West…
The International Monetary Fund (IMF) has issued a stark warning that the ongoing conflict in the Middle East could have serious repercussions for the global economy. In its statement on…
Google is making significant changes to its Play Store policies after settling a long-standing legal dispute with Epic Games. The tech giant announced on Wednesday that it will reduce its…
The federal government has unveiled a bold plan to significantly expand Nigeria’s manufacturing sector, targeting a contribution of 25 per cent to the country’s Gross Domestic Product (GDP) by 2035.…
The Central Bank of Nigeria (CBN) has increased its gold reserves to $3.5 billion by acquiring domestically sourced, London Bullion Market Association (LBMA) certified bullion, highlighting the bank’s push to…
Despite Nigeria’s strategic 900-kilometre coastline and a market of over 200 million people, local shipping investors are largely absent from the country’s $6 billion freight industry. According to industry veterans,…
Nigeria’s money supply (M²) experienced a slight decline in January 2026, falling 0.8 percent month-on-month to N123.4 trillion from N124.4 trillion in December 2025. This drop points to low liquidity…
The Nigerian All-Share Index (ASI) closed slightly lower on 4th March 2026, dipping 0.08% to 196,463.2 points, halting its steady march toward the psychologically important 200,000 level. Analysts say the…