Nigeria’s capital market becomes first in Africa to adopt one-day trade settlement…
Nigeria has achieved a major milestone in its financial sector as the Nigerian Exchange (NGX) officially…
Daily Archives
June 2, 2026
CSCS Launches T+1 Settlement Cycle in Nigeria: Capital Market Enters Faster Global…
Nigeria’s capital market has taken a major leap forward as the Central Securities Clearing System (CSCS) Plc…
NGX Opens Week Bearish as Market Capitalisation Drops 1.13% on Heavy Sell Pressure
The Nigerian Exchange Limited (NGX) began the new trading week on a negative note as investors recorded widespread…
European stocks rebound as oil prices slip; Abivax shares tumble
European markets staged a recovery on Tuesday as investor sentiment improved, with the Stoxx 600 climbing around…
CBN Faces N10.90 Trillion Liquidity Surge in June as OMO Maturities Hit N7.77…
Nigeria’s financial system is heading into another wave of liquidity pressure as the Central Bank of Nigeria (CBN)…
CBN Targets N2.83tn Cash in Circulation as Nigeria Pushes Cashless Economy Ahead…
The Central Bank of Nigeria (CBN) has announced a bold plan to pull about N2.83 trillion in cash currently outside…
Nigeria Courts Turkish Investors in Bold Push to Tap $750bn Mineral Wealth
Nigeria has taken a major step to unlock its vast mineral wealth as it signs a new partnership with Türkiye…
Nigeria’s 3.89% GDP Growth Fails to Lift Living Standards Despite Economic Gains –…
Nigeria’s economy recorded a 3.89% year-on-year growth in the first quarter of 2026, but fresh analysis from…
Petrol Price Surges 643% in Nigeria as Fuel Crisis Deepens Amid Global Oil Shocks
Nigeria’s fuel market has witnessed a dramatic and painful transformation as the price of Premium Motor Spirit…
Oil Workers Shut Down NUPRC Nationwide Over Foreign Training Dispute
Operations at the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) were brought to a standstill on Monday…
Alphabet to Raise $80 Billion for Massive AI Expansion as Berkshire Hathaway Joins…
Alphabet, the parent company of Google, has announced a massive plan to raise $80 billion through stock sales as it…
Flutterwave Hits 1 Billion Transactions and $40 Billion Payment Volume as African…
African fintech powerhouse Flutterwave has reached a major milestone, announcing that it has now processed over 1…
Naira Misses Africa’s Top 10 Currencies in May Despite FX Stability and Rising…
Despite signs of improved stability in Nigeria’s foreign exchange market, the naira failed to break into Africa’s…
Nigeria Economy Q1 2026: Best and Worst Performing Sectors as Growth Strengthens…
Nigeria’s economy is showing clearer signs of stability in 2026, with stronger macroeconomic indicators compared to…
Nigeria Makes History as Capital Market Shifts to Faster T+1 Settlement Cycle
Nigeria’s capital market has recorded a major breakthrough with the official launch of a T+1 settlement cycle,…
Oil Prices Surge as US–Iran Diplomacy Collapses Over Middle East Tensions
Global oil prices surged on Monday after diplomatic efforts between the United States and Iran showed signs of…
12 NGX-Listed Companies Set to Pay Dividends in June 2026: Full Breakdown of…
Shareholders on the Nigerian Exchange (NGX) are in for a rewarding month as 12 listed companies have confirmed…
Nigeria’s Gas Reserves Set to Power Global AI Revolution, Boost Digital…
As artificial intelligence (AI) continues to reshape industries worldwide, the race to secure reliable energy…
Nvidia Targets $200 Billion AI PC Market with New RTX Spark Superchip
Nvidia has taken a major step toward reshaping the future of personal computing with the launch of its new RTX…
CBN Targets 95% Financial Inclusion by 2028 as Cardoso Unveils Digital Payments…
The Central Bank of Nigeria (CBN) has unveiled an ambitious plan to achieve 95 percent financial inclusion by 2028,…
Nigeria Risks Losing Fintech Wealth as Tech Giants Eye Foreign Stock Listings,…
Nigeria's booming fintech sector has become one of the country's biggest success stories, but a financial markets…