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Month: June 2026

European Stocks Slip as Defense Sector Surges on Ukraine’s $105B EU Loan Boost
BusinessEnergyInternationalStock

European Stocks Slip as Defense Sector Surges on Ukraine’s $105B EU Loan Boost

European shares ended lower on Thursday as investors reacted cautiously to rising geopolitical tensions and mixed economic signals from global…

byayotilewaJune 1, 2026
Nigeria Spends £1.1bn on UK Refined Oil as Fuel Import Dependence Persists in 2025
BusinessEnergyInternational

Nigeria Spends £1.1bn on UK Refined Oil as Fuel Import Dependence Persists in 2025

Nigeria’s dependence on imported fuel remains a major talking point in its energy sector, as new data shows the country…

byayotilewaJune 1, 2026
Nigeria’s Banks Face Rising Bad Loans as CBN Ends Regulatory Forbearance, NPL Ratio Hits 8.03%
BankingBusinessEconomyLocal

Nigeria’s Banks Face Rising Bad Loans as CBN Ends Regulatory Forbearance, NPL Ratio Hits 8.03%

Nigeria’s banking sector is under fresh pressure as bad loans climbed to 8.03 per cent in January 2026, following the…

byayotilewaJune 1, 2026
Dangote Refinery Becomes World’s Largest Jet Fuel Exporter Amid Global Supply Disruptions
BusinessEconomyEnergyInternational

Dangote Refinery Becomes World’s Largest Jet Fuel Exporter Amid Global Supply Disruptions

Nigeria’s Dangote Petroleum Refinery has achieved a major milestone, emerging as the world’s largest exporter of jet fuel in April…

byayotilewaJune 1, 2026
Top Nigerian Stocks in May 2026: Learn Africa Leads Investors’ Attention with Strong Rally
BusinessLocalStock

Top Nigerian Stocks in May 2026: Learn Africa Leads Investors’ Attention with Strong Rally

Learn Africa Plc emerged as one of the best-performing Nigerian stocks in May 2026, delivering a remarkable 37.10% return and…

byayotilewaJune 1, 2026
Naira Ends May at N1,372/$ as FX Market Stability Boosts Investor Confidence
BusinessEconomyLocal

Naira Ends May at N1,372/$ as FX Market Stability Boosts Investor Confidence

The Nigerian naira ended May 2026 at N1,372 against the United States dollar, marking a relatively stable performance despite ongoing…

byayotilewaJune 1, 2026

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