South Korea’s Kospi Hits Record High Above 7,000 as Samsung Surges
South Korea’s Kospi climbed to a fresh record on Wednesday, crossing the 7,000 mark as a broad rally swept across…
Yearly Archives
2026
NGX Market Crash: Nigerian Stocks Lose N1.3 Trillion Amid Investor Sell-Off
Nigeria’s stock market suffered a sharp downturn as the Nigerian Exchange Limited (NGX) shed a massive N1.347…
CBN Reforms Strengthen Nigeria’s Economy Amid Global Shocks
Nigeria’s economy is facing one of its most challenging periods in recent years, as global…
NGX Recovers Over N500m for Investors, Strengthens Market Integrity in Nigeria
The NGX Regulation Limited (NGX RegCo) has recovered more than N500 million for investors, reinforcing its…
Nigerian Stock Market Gains N63bn as May Trading Opens on Bullish Note
The Nigerian stock market kicked off trading for the month of May on a positive note, recording a…
Lafarge Africa Declares N96.64bn Dividend for FY2025 as Profit Surges
Lafarge Africa Plc has announced a total dividend payout of N96.64 billion to its shareholders for the 2025…
Naira Rebounds in April 2026, Gains N51 as FX Volatility Eases and Market…
The Nigerian naira recorded a notable recovery in April 2026, marking its first monthly gain for the month of April…
Bank Deposits with CBN Drop to N92.32trn After Interest Rate Cut as Liquidity…
Bank deposits with the Central Bank of Nigeria (CBN) dropped sharply to N92.32 trillion in April 2026, following…
Concerns Mount Over Delayed Release of Nigeria’s 2026 Budget Details After…
Concerns are growing over the Federal Government’s delay in publishing the detailed breakdown of Nigeria’s 2026…
NNPC Remits N2.89 Trillion to Federation Account in Q1 2026 as Oil Revenue Surges
The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported a strong financial performance,…
California Gas Prices Surge Past $6 Per Gallon Amid Oil Supply Crunch
California motorists are facing a sharp spike in fuel costs as gas prices in the state have climbed to an average…
Cerebras IPO 2026: OpenAI-Backed AI Chipmaker Targets $26.6bn Valuation in…
Cerebras Systems, the AI chip company closely linked to OpenAI, is moving closer to what could become one of the…
NNPC Signs New China Deal to Revamp Warri and Port Harcourt Refineries in Major…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has taken a fresh step toward reviving Nigeria’s…
Nigeria Hits 185.7 Million Active Subscribers as Telcos Begin Compensation for…
Nigeria’s telecommunications sector has recorded another milestone, with active mobile subscriptions rising to…
Tier-1 Banks Drive N286tn Mobile Transactions as Fintech Advantage Narrows in…
Nigeria’s leading commercial banks have recorded a massive surge in digital activity, processing a combined…
Global Oil & Digital Shake-Up: UAE Exit from OPEC, Showmax Shutdown and Key…
This week’s global business landscape is shaping up with major developments across energy, media, and economic…
Naira Appreciates to N1,367/$ in Early May 2026 Trading as FX Market Stability…
The Nigerian naira opened the first trading session of May 2026 on a stronger note, appreciating to N1,367.5 per…
European Stocks Mixed as Iran War Tensions Weigh on Market Sentiment
European stocks opened mixed on Tuesday as investors reacted cautiously to rising geopolitical tensions linked to…
SWOOT Market Cap Surges to N142.79 Trillion, Commands 91.71% of NGX in April 2026…
Nigeria’s equities market extended its bullish momentum in April 2026, with Stocks Worth Over One Trillion (SWOOT)…
Seplat Energy Targets Production Boost as Yoho Platform Restart Nears Completion
Seplat Energy Plc is preparing for a major production increase in 2026 as it moves closer to restarting its Yoho…
NERC Shifts Electricity Complaints to State Regulators in 15 States
Nigeria’s power sector is entering a new phase as the Nigerian Electricity Regulatory Commission (NERC) has…
MTN Nigeria Faces N140bn Margin Threat as Diesel Hits N2,000/L, Accelerates Shift…
MTN Nigeria is facing mounting financial pressure as soaring diesel prices, now hovering around N2,000 per…
Global Asset Freeze Hits Nigerian Oil Trader Over $40m Debt Dispute
An English High Court has imposed a sweeping global asset freeze on Nigerian oil trader Abdulrahman Musa…
NGX Brokers Drive Record Market Rally as 10 Firms Dominate N949.9bn April Trades
Ten stockbroking firms dominated trading activity on the Nigerian Exchange (NGX) in April 2026, executing a…
South Korean Stocks Hit Fresh Record After Historic Rally as Global Markets React…
South Korean stocks surged to a fresh all-time high on Monday, extending a powerful momentum that…
East Africa Investment Inflows Hit $4.1bn as Reforms Boost Capital Growth Across…
East Africa has recorded a significant surge in foreign and domestic investment, pulling in about $4.1 billion…
Foreign Borrowing Rises as 32 Nigerian States and FCT Add Nearly $1 Billion in New…
Nigeria’s subnational governments increased their reliance on foreign borrowing in 2025, as 32 states and the…
Cardoso Urges Bank Directors to Strengthen Risk Management and Corporate…
Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, has called on bank directors and…
Nigeria Oil Revenue Windfall: BMI Projects N6.8 Trillion Gain as GDP Growth Hits…
Nigeria is expected to record a significant boost in oil earnings in 2026, with new projections suggesting an…
Big Oil Returns to Canada as Energy Crunch Reshapes Global Supply Chains
After nearly a decade of divestment, major oil companies are once again turning their attention to Canada’s oil and…