Nigeria’s Capital Market Gains Investor Exit Credibility Amid Reforms – NGX Boss
Nigeria’s capital market is gradually gaining stronger credibility as a reliable exit route for institutional investors, according to the Group…
Month: April 2026
Nigeria Imports 61.7 Million Barrels of US Crude Amid Rising Oil Exports and Local Refining Gap
Nigeria imported about 61.7 million barrels of crude oil from the United States between January 2024 and January 2026, highlighting…
CBN to Raise N750bn in April Treasury Bills Auction as Investor Demand Strengthens
The Central Bank of Nigeria (CBN) has announced plans to raise N750 billion through its second Treasury Bills auction in…
Dangote Refinery to Begin Crude Production as Upstream Output Testing Starts
The Dangote Group has announced a major step forward in its upstream expansion, confirming that it has achieved first oil…
Flutterwave Denies $75m Tinubu Government Investment Claim, Dismisses IPO Rumours
Flutterwave, one of Africa’s most prominent fintech companies, has firmly denied reports claiming it received a $75 million investment from…
Naira Weakens to N1,349/$ as Dollar Slides Amid Iran Peace Talks Optimism
The Nigerian naira slipped further on Monday, trading at N1,349 to the US dollar, compared to N1,342.5 recorded at the…
Top Nigerian Stockbrokers Ranked for Q1 2026
The Nigerian Exchange (NGX) has released its broker performance report for the first quarter of 2026, offering a clear snapshot…
Apple names John Ternus as new CEO in historic leadership transition at $4 trillion tech giant
Apple Inc. has announced a major leadership change, naming John Ternus as its new chief executive officer. The appointment marks…
Iran–Israel Conflict Exposes Nigeria’s Weak Economic Shock Response Toolkit as Oil Price Volatility Rattles Markets
Security, economic, and policy analysts have warned that the ongoing Iran–Israel–US conflict is exposing serious gaps in Nigeria’s ability to…
Nigerian stock market rally pushes ASI above 218,000 as equities hit N140 trillion milestone
The Nigerian stock market extended its bullish run on April 20, 2026, as the All-Share Index (ASI) climbed 0.44% to…
NCC, CBN Partner to Strengthen Nigeria’s Digital Economy with New Anti-Fraud MoU
The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have entered a new partnership aimed at strengthening…
European Stocks Edge Higher as U.S.-Iran Ceasefire Deadline Nears
European markets opened on a cautious but positive note on Tuesday, as investors closely tracked developments surrounding the fragile ceasefire…
Google Expands Gemini in Chrome to 7 New Countries
Google has announced a fresh expansion of its AI-powered browsing feature, Gemini in Chrome, rolling it out to seven additional…
FG Eyes $75m Investment in Flutterwave IPO to Boost Nigeria’s Tech Sector
Nigeria’s Federal Government is set to invest $75 million in Flutterwave’s planned $250 million initial public offering (IPO), marking a…
Pension Returns Catch Up with Inflation in Nigeria After Seven Years, Signalling Recovery
For the first time in seven years, pension returns in Nigeria are beginning to match inflation, offering a sense of…
Lagos Tax Filing Deadline, Aviation Crisis, and Policy Shifts: Key Nigeria Business Updates This Week
Nigeria’s business landscape is set for a pivotal week as several major developments unfold between April 20 and April 24.…
Top 10 African Countries with the Cheapest Diesel Prices in April 2026: Niger Leads Low Fuel Cost Rankings
Across Africa, diesel prices in April 2026 reveal a sharp divide between countries able to keep fuel affordable and those…
Nigeria Exports 55.39 Million Barrels of Crude as Dangote Refinery Faces Severe Domestic Supply Shortage
Nigeria exported a total of 55.39 million barrels of crude oil in the first two months of 2026, even as…
FG Borrows N100bn from Unclaimed Funds Trust Account as Domestic Debt Hits N80.49tn
Nigeria’s Federal Government has raised N100 billion from the Unclaimed Funds Trust Account, a pool of dormant private funds now…
Nigeria tax reform shifts burden to consumption as FG cuts import duties, raises excise taxes
Nigeria is undergoing a major shift in its fiscal strategy as the Federal Government moves away from heavy reliance on…
Nigeria Inflation Set to Rise After March Spike as Oil Shocks and Supply Pressures Bite
Nigeria’s inflation is expected to keep rising in the coming months following a sharp increase recorded in March 2026, as…
Stocks surge to N140trn as global investors pile back into Nigeria
The Nigerian stock market has surged to a historic valuation of about N140 trillion, driven by renewed interest from global…
Nigerian Stock Market Hits Record High as NGX Surges 6.57% on Banking and Oil Stocks Rally
The Nigerian equities market delivered its strongest weekly performance of 2026 in the week ended April 17, as the Nigerian…
Cyberattacks Threaten Nigeria’s Digital Economy as Experts Warn of Systemic Data Security Risks
Nigeria’s fast-growing digital economy is facing increasing threats as cybersecurity experts warn of a surge in sophisticated cyberattacks targeting financial…
Anthropic CEO Warns AI Could Replace Most Entry-Level Jobs Within 5 Years
Anthropic CEO Dario Amodei has issued a stark warning that artificial intelligence could replace a significant number of entry-level white-collar…
OpenAI Existential Challenges: Acquisitions, Image Concerns, and Anthropic Competition Intensify
OpenAI is facing growing scrutiny as it expands through small but strategic acquisitions while navigating rising competition and public perception…
IMF Endorses CBN Recapitalisation as Nigeria’s Banking Buffers Strengthen Financial Stability
The International Monetary Fund (IMF) has backed Nigeria’s recent bank recapitalisation exercise, praising the Central Bank of Nigeria (CBN) for…
Nigeria’s Terms of Trade Rise Marginally by 0.01% in Q4 2025 as Exports Edge Up
Nigeria recorded a marginal improvement in its all-commodity terms of trade (ToT), which rose by 0.01 per cent in the…
Oil and Gas Stocks Surge 17.6% as Nigerian Market Adds N8.7 Trillion in Weekly Capitalisation Gain
The Nigerian equities market recorded a strong week of trading as the oil and gas sector emerged as the biggest…
FG Refutes Claims of Hidden Spending, Says World Bank Report Misinterpreted
The Federal Government has pushed back against claims suggesting there is “hidden spending” within Nigeria’s federation revenues, following interpretations of…