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, posting a pre-tax profit…
Day: April 30, 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…
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 Niger crossing on the…
Nigeria tops Africa on Solana blockchain, attracts $162,000
Nigeria has strengthened its position in the global digital economy, emerging as the leading hub for Solana blockchain activity in…
MTN Nigeria Profit Surges to N355.5bn as Data and Fintech Revenue Drive Strong Q1 Growth
MTN Nigeria Communications Plc has reported a strong start to 2026, more than doubling its profit after tax to N355.5…
Naira Ends Losing Streak as FX Liquidity Improves, Trades at N1,379/$ Amid Narrowing Market Gap
The Nigerian naira staged a mild recovery in the official foreign exchange market on Wednesday, breaking a week-long run of…
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 the…
Naira Strengthens Slightly Against Dollar as FX Turnover Surges in Nigerian Foreign Exchange Market
The Nigerian naira recorded a modest gain against the US dollar on Wednesday, supported by a notable rise in foreign…
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 play a central…
NGX crosses N150 trillion market cap as equities surge N5.55 trillion in single-day rally
The Nigerian equities market delivered a historic performance on Wednesday as the Nigerian Exchange Group (NGX) crossed the N150 trillion…
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 transparency, and attract long-term…
Petrol Nears N1,400/Litre as Dangote Raises Price Amid Global Oil Shock and Middle East Crisis
Petrol prices are edging dangerously close to N1,400 per litre across Nigeria as global oil market tensions push costs higher…
Satya Nadella Says Microsoft Will “Exploit” New OpenAI Deal as AI Partnership Enters New Phase
Microsoft CEO Satya Nadella has expressed strong confidence in the company’s updated partnership with OpenAI, saying the tech giant is…
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 escalating…
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 calling for a fresh and…
Brent Crude Surges Past $126 Amid Trump’s Iran Strike Consideration, Raising Global Supply Fears
Global oil markets rallied sharply on Thursday as Brent crude surged past $126 per barrel, driven by rising geopolitical tensions…
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 to 49.4, signaling a…
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 African countries to unlock the…
Brent Oil Surges Above $123 Amid Reports of Possible U.S. Military Action on Iran
Global oil markets rallied sharply on Thursday, with Brent crude rising above $123 per barrel following reports that the United…