NGX Market Crash Wipes Out N2.35 Trillion as MTN, Unilever Lead Massive Selloff
Nigeria’s equities market endured another painful trading session on Monday as investors lost an estimated N2.35 trillion following a broad-based…
Year: 2026
US Demand for Nigerian Goods Falls as Trade Deficit Hits N1.63 Trillion in Q1 2026
Nigeria’s trade relationship with the United States took a significant turn in the first quarter of 2026, as demand for…
Analysts Advise Investors to Focus on Strong Stocks as Nigerian Equities Market Faces Fresh Pressure
The Nigerian equities market came under renewed pressure last week as persistent sell-offs wiped billions of naira from investors’ portfolios,…
Nigeria’s Debt Servicing Swallows 72% of Revenue as Analysts Warn of Fiscal Sustainability Risks
Nigeria’s growing debt burden is raising fresh concerns among economic analysts after debt servicing costs consumed nearly 72 per cent…
Economic Reforms Key to Nigeria’s Sustainable Growth, Says NGX Chairman
Nigeria’s journey toward sustainable economic growth depends heavily on the successful implementation of economic reforms and the strengthening of institutions,…
Stock Futures Surge as Tech Stocks Rebound Amid U.S.-Iran Ceasefire Agreement
U.S. stock futures climbed sharply on Monday as investors welcomed signs of renewed strength in technology shares and a temporary…
Nigeria FX Market Turnover Soars 22% in June as Spot and Derivatives Trading Surge
Nigeria’s foreign exchange market closed June on a strong note as trading activity surged sharply in the final week of…
CBN Data Localisation Policy Set to Attract Billions in Digital Infrastructure Investment
Nigeria’s digital economy is poised for a major boost as the Central Bank of Nigeria (CBN)’s new data localisation policy…
Marketers To NNPC: Expedite Action On MoU With Chinese Firms
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Nigerian National Petroleum Company Limited (NNPC Ltd) to…
US Treasury Yields Hold Steady as Investors Await Crucial Jobs Report
U.S. Treasury yields showed little movement on Monday as investors adopted a cautious stance ahead of a series of important…
Exports to US fall by N366bn as imports surge
Nigeria’s trade relationship with the United States took a dramatic turn in the first quarter of 2026 as exports to…
Global Stocks Climb as US-Iran Ceasefire Eases Market Fears, Oil Prices Rebound
Asian stock markets started the week on a positive note as investors welcomed reports that the United States and Iran…
NGX Weekly Turnover Crashes 47% as Investors Pull Back Amid Market Uncertainty
The Nigerian Exchange (NGX) recorded a sharp decline in trading activity last week, with total market turnover falling by 47.18…
Seplat Energy Wins Double Capital Market Awards, Strengthening Investor Confidence
Seplat Energy Plc has reinforced its reputation as one of Nigeria’s leading energy companies after clinching two prestigious awards at…
AI Powering a New Era in Nigeria’s Electricity Sector, Says NDPHC Boss
Artificial Intelligence (AI) and Machine Learning (ML) are rapidly reshaping Nigeria’s electricity industry, with the Niger Delta Power Holding Company…
Micron’s AI Boom Sparks Wall Street Frenzy as Chipmaker Emerges as the Next Nvidia
Micron Technology has become one of the biggest success stories of the artificial intelligence revolution, with investors increasingly viewing the…
Dangote Refinery IPO, 2027 Election Activities Set to Shake Nigerian Stock Market in H2 2026
Nigeria’s stock market could face a turbulent second half of 2026 as investors prepare for the highly anticipated Dangote Refinery…
FMDQ FX Market Turnover Jumps 22% to $2.84 Billion as Trading Activity Gains Momentum
Nigeria’s foreign exchange market recorded a significant boost in trading activity as total turnover on the FMDQ Exchange climbed to…
MPR: Analysts see MPC holding rates as election cycle begins
As Nigeria edges closer to the 2027 general elections, financial analysts are increasingly convinced that the Central Bank of Nigeria…
Nigeria Earns N20.2tn from Crude Oil Exports in Five Months Despite Lower Shipment Volumes
Nigeria’s crude oil export earnings surged to an estimated N20.22 trillion in the first five months of 2026, highlighting the…
FCCPC Warns Fuel Marketers as High Petrol Prices Persist Despite Falling Crude Oil Prices
Nigeria’s consumer protection watchdog, the Federal Competition and Consumer Protection Commission (FCCPC), has raised fresh concerns over the continued high…
Nigerian Stocks Lose N11 Trillion as Market Correction Deepens: Opportunity or Warning Sign?
Nigeria’s stock market has shed more than N11 trillion from its recent peak, sparking fresh debate among investors over whether…
Global Tech Sell-Off Deepens as Nasdaq Futures Slide on Rising AI Infrastructure Costs
Stock futures fell sharply on Friday as investors continued to retreat from technology stocks, extending a global market sell-off fueled…
Apex African Gas Expands Capacity to 110 Tons Daily with N10 Billion Lagos Plant Investment
Apex African Gas Nigeria Limited has taken a major step in strengthening Nigeria’s industrial gas sector with the commissioning of…
Dangote Slashes Petrol Price by N50 as Falling Crude Oil Prices Raise Hopes for Cheaper Fuel
Nigeria’s fuel market received a fresh boost on Thursday as Dangote Petroleum Refinery announced a N50 reduction in its petrol…
Tax Compliance Key to Nigeria’s Economic Growth, Says Oyedele
Nigeria could witness unprecedented economic growth if it succeeds in improving tax compliance across the country, Chairman of the Presidential…
Ceramic Industry Investment Key to Nigeria’s $1 Trillion Economy Goal, Experts Say
Nigeria’s journey toward becoming a $1 trillion economy by 2030 could receive a significant boost from the ceramics industry if…
CBN Data Localization Policy Set to Spark Data Centre Investment Boom in Nigeria
Nigeria’s digital infrastructure sector is gearing up for a major transformation following the Central Bank of Nigeria’s (CBN) directive requiring…
Nigeria’s exports to East, Southern Africa hit N1tn
Nigeria’s exports to East and Southern African countries have crossed the N1 trillion mark for the first time, highlighting the…
AI Stock Selloff Deepens as Tech Giants Face Rising Costs and Investor Jitters
Technology stocks across Asia, Europe, and the United States came under intense pressure on Friday as investors continued to pull…