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Ekemini Uba 5203 posts 0 comments

Business

FMDA projects N10.53 trillion inflows in May on heavy OMO maturities

May 7, 2026 0
Nigeria’s fixed income market is expected to experience a major liquidity boost in May 2026, with projected inflows…
Business

Dangote Group Targets Dollar Bond Sales to Fund Massive Expansion Drive

May 7, 2026 0
Dangote Industries Limited is ramping up plans to raise more funds from international investors as it…
Business

Nigeria Eurobonds rally as yields fall below 8% for the first time

May 7, 2026 0
Nigeria’s sovereign Eurobonds have entered historic territory, with yields dropping below 8 percent across the…
Business

Nigeria’s Mining Sector Attracts $2.6bn Investment in 30 Months – Shettima

May 7, 2026 0
Nigeria’s mining sector has attracted approximately $2.62 billion in investments over the past 30…
Business

NGX Gains 0.41% as Airtel Africa Leads Rally, CWG Drives Market Activity

May 7, 2026 0
The Nigerian Exchange (NGX) closed trading on May 6, 2026, on a positive note, advancing by 0.41% to settle…
Business

Naira Strengthens as FX Turnover Surges 59.2% at NFEM Window

May 7, 2026 0
The naira recorded a notable gain in the official foreign exchange market on Wednesday, supported by a sharp…
Business

Nigeria DisCos Revenue Drops to N196bn in February 2026 Amid Power Supply Decline

May 6, 2026 0
Nigeria’s electricity distribution companies (DisCos) recorded a total revenue of N196 billion in February 2026,…
Local

Nigeria Inflation Outlook: 7 Economists Predict Mixed Pressure Ahead of April NBS…

May 6, 2026 0
As Nigerians await the April inflation data from the National Bureau of Statistics (NBS), a survey of seven…
Business

Dangote Refinery Reverses Petrol Price Hike, Returns Ex-Depot Rate to N1,275 per…

May 6, 2026 0
The Dangote Petroleum Refinery has reversed its earlier decision to increase the ex-depot price of Premium Motor…
Business

Oil Prices Plunge Nearly 10% on US-Iran Deal Hopes as Global Markets Rally

May 6, 2026 0
Oil prices fell sharply on Wednesday, dropping close to 10%, as investors reacted to growing optimism that the…
Business

Investor retreat drives Africa start-up funding to 13-month trough

May 6, 2026 0
Africa’s venture capital scene weakened further in April 2026 as investor caution deepened, pushing total start-up…
Macroeconomic

Egypt Inflation Eases to 14.9% Despite Oil Price Shocks and Middle East Tensions

May 6, 2026 0
Egypt’s inflation rate slowed in April 2026, offering a rare sign of relief for consumers after months of…
Business

Samsung Crosses $1 Trillion Valuation as AI Boom Fuels Record 15% Stock Rally

May 6, 2026 0
Samsung Electronics has officially joined the elite trillion-dollar club, as its market valuation…
International

AI Job Loss Fears Overstated as Experts Push Back on Anthropic CEO’s Warning

May 6, 2026 0
Concerns over artificial intelligence replacing large numbers of entry-level white-collar jobs have sparked global…
Business

Oil Prices Slide Below $100 as Trump Pauses Strait of Hormuz Escort Plan Amid…

May 6, 2026 0
Crude oil prices extended their decline on Tuesday after U.S. President Donald Trump announced a temporary pause in…
Business

Crude Oil Offtake Stalls in Nigeria as Pricing Gaps Disrupt Local Refinery Supply…

May 6, 2026 0
Nigeria’s domestic refining sector is facing a major supply challenge as over 40.2 million barrels of crude…
Business

Nigeria Crude Supply Gap Widens as Refineries Receive Only 36–46% of Allocated Oil…

May 6, 2026 0
Nigeria’s domestic crude oil supply chain is under renewed pressure after refineries received only 28.5 million…
Business

NNPC-China Refinery Deal: Marketers Back Equity Partnership to Revive Port…

May 6, 2026 0
Fuel marketers in Nigeria have expressed strong support for the Nigerian National Petroleum Company…
Banking

AfDB 2026 Annual Meetings to Prioritize Resource Mobilisation for Africa’s…

May 6, 2026 0
The African Development Bank (AfDB) has announced that its 2026 Annual Meetings will focus heavily on how…
Business

IMF Warns Angola’s Debt Could Hit Ceiling Amid Oil Revenue Pressures

May 6, 2026 0
The International Monetary Fund (IMF) has projected that Angola’s public debt could reach its legal ceiling in the…
Business

NGX Extends Trading Hours: Will Longer Sessions Boost Liquidity or Weaken Market…

May 6, 2026 0
Nigeria’s equities market has entered a new phase following the extension of trading hours on the Nigerian Exchange…
Business

Naira Strengthens to N1,362/$ Amid Dollar Weakness, Extends FX Market Gains

May 6, 2026 0
Nigeria’s currency, the naira, continued its upward momentum on Tuesday, appreciating to N1,362/$ and extending its…
Business

South Korea’s Kospi Hits Record High Above 7,000 as Samsung Surges

May 6, 2026 0
South Korea’s Kospi climbed to a fresh record on Wednesday, crossing the 7,000 mark as a broad rally swept across…
Business

NGX Market Crash: Nigerian Stocks Lose N1.3 Trillion Amid Investor Sell-Off

May 6, 2026 0
Nigeria’s stock market suffered a sharp downturn as the Nigerian Exchange Limited (NGX) shed a massive N1.347…
Business

CBN Reforms Strengthen Nigeria’s Economy Amid Global Shocks

May 5, 2026 0
Nigeria’s economy is facing one of its most challenging periods in recent years, as global…
Business

NGX Recovers Over N500m for Investors, Strengthens Market Integrity in Nigeria

May 5, 2026 0
The NGX Regulation Limited (NGX RegCo) has recovered more than N500 million for investors, reinforcing its…
Business

Nigerian Stock Market Gains N63bn as May Trading Opens on Bullish Note

May 5, 2026 0
The Nigerian stock market kicked off trading for the month of May on a positive note, recording a…
Business

Lafarge Africa Declares N96.64bn Dividend for FY2025 as Profit Surges

May 5, 2026 0
Lafarge Africa Plc has announced a total dividend payout of N96.64 billion to its shareholders for the 2025…
Business

Naira Rebounds in April 2026, Gains N51 as FX Volatility Eases and Market…

May 5, 2026 0
The Nigerian naira recorded a notable recovery in April 2026, marking its first monthly gain for the month of April…
Business

Bank Deposits with CBN Drop to N92.32trn After Interest Rate Cut as Liquidity…

May 5, 2026 0
Bank deposits with the Central Bank of Nigeria (CBN) dropped sharply to N92.32 trillion in April 2026, following…
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FG, World Bank Cancel $717.7 Million Power Sector Loan as…

May 26, 2026

VFD Group Eyes Pan-African Expansion After ₦50.67bn Rights…

May 26, 2026

Nigeria Receives $187.3m US Aid as Washington Tightens…

May 26, 2026

Nigeria Private Sector Credit Declines by N14 Trillion…

May 26, 2026
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NIGERIA

Business

Alaoji Power Plant Restored: NDPHC Revives 450MW Facility Amid Nigeria Electricity Recovery Push

May 26, 2026
Local

Digital Switch-Over: NBC Says N605.2 Trillion Advertising Market Set to Be Unlocked in Nigeria

May 26, 2026
Business

NGX ETF Turnover Drops 31% to N815.90m as Investor Activity Weakens Across Major Funds

May 26, 2026
Business

Nigeria’s Refinery Struggles Deepen as Fuel Import Bill Hits ₦46.17 Trillion Amid Calls for Local Production Reform

May 26, 2026
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World

European Markets Rise as UK Political Uncertainty and…

May 14, 2026

UN Warns Trump Against Iran Strikes as Deadline Nears:…

Apr 7, 2026

Saudi warns of $50 oil if OPEC+ fails to honour cut deal

Oct 3, 2024
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