Gas Group Targets NGX Listing as It Unveils Major Energy Expansion Plan
Gas Group Plc is preparing to list its existing ordinary shares on the main board of the Nigerian Exchange Limited…
Day: September 1, 2026
CBN Targets N700bn From September Treasury Bills Auction
The Central Bank of Nigeria is set to return to the domestic debt market on Wednesday, September 2, with a…
Nigeria’s FX Spot Market Hits Record $5.01bn as Weekly Turnover Surges 155%
Nigeria’s foreign exchange market has recorded a major surge in activity, with the Nigeria FX spot market crossing the $5bn…
Apple Unveils ‘Shocking Evidence’ in OpenAI Trade Secret Dispute
Apple has presented what it describes as “shocking evidence” in its ongoing legal battle with OpenAI, accusing a former employee…
Nigeria’s FX Turnover Falls 48.7% to $2.71bn in One Week
Nigeria’s foreign exchange market recorded a sharp drop in trading activity as FX turnover fell 48.7 per cent week-on-week to…
Finance, Insurance Sector Growth Slows to 9.29% Despite Recapitalisation
Nigeria’s finance and insurance sector recorded 9.29 per cent real growth in the second quarter of 2026, a sharp slowdown…
Brent Crude Surges Above $90 as US-Iran Conflict Threatens Global Oil Supplies
Brent crude prices surged above $90 per barrel on Monday as renewed military attacks between the United States and Iran…
DisCos Lose N669.49bn as Poor Revenue Collection Deepens Nigeria’s Power Crisis
Nigeria’s electricity distribution companies (DisCos) failed to recover N669.49 billion from customers in 2025, highlighting another major financial challenge confronting…
Oil Prices Rise as Trump Threatens Fresh Strikes on Iran, Raising Global Supply Fears
Oil prices climbed on Tuesday after U.S. President Donald Trump threatened further military action against Iran, reigniting concerns over crude…
Tinubu: Nigeria’s GDP Growth Signals Economic Reforms Are Paying Off
President Bola Tinubu has said Nigeria’s latest GDP growth figures show that his administration’s economic reforms are beginning to deliver…
Dangote Refinery Pushes Nigeria’s Oil Refining Growth to Record 43.94% in Q2 2026
Nigeria’s oil refining sector recorded its strongest growth in recent years, expanding by 43.94% year-on-year in the second quarter of…