Real Time Financial News Website
Dangote Petroleum Refinery has taken another significant step in Nigeria’s fuel market by launching free delivery of Premium Motor Spirit (PMS), popularly known as petrol, to Abuja and five key…
The International Monetary Fund (IMF) has once again lowered its forecast for global economic growth in 2026, warning that lingering tensions in the Middle East and the economic fallout from…
Global financial markets were thrown into fresh uncertainty on Wednesday after United States President Donald Trump declared that the ceasefire with Iran was over, reigniting fears of a wider conflict…
The Debt Management Office (DMO) has opened the July 2026 subscription window for the Federal Government of Nigeria (FGN) Savings Bond, offering investors an opportunity to earn returns of up…
Global financial markets were rattled on Wednesday after U.S. President Donald Trump declared that the ceasefire between the United States and Iran was effectively “over,” raising fears of a renewed…
President Bola Ahmed Tinubu has challenged the African Export-Import Bank (Afreximbank) to take a leading role in driving Africa’s industrial transformation, insisting that the continent can no longer afford to…
The European Bank for Reconstruction and Development (EBRD) has placed Nigeria at the heart of its ambitious expansion plans in West Africa, signaling growing international confidence in Africa’s largest economy.…
As Nigeria pushes for greater control over its financial data, Galaxy Backbone (GBB) is positioning itself as a key partner for banks, fintech companies, and payment service providers seeking to…
Nigeria’s oil and gas industry is facing a major hurdle that could slow growth and investment across the sector. Industry stakeholders have raised concerns over an estimated annual financing gap…
The Federal Government has intensified pressure on oil marketers to reduce petrol prices, following growing concerns that Nigerians are not benefiting from the recent decline in global crude oil prices.…
Nigeria’s pension industry has reached a major milestone, with total pension assets climbing to a record N31.32 trillion in May 2026. Riding on this impressive growth, the National Pension Commission…
Nigeria’s efforts to attract foreign investment received a major boost in 2025 as foreign direct investment (FDI) inflows more than doubled to approximately $4 billion, according to the United Nations…
Flutterwave is taking another major step in reshaping Africa’s digital payments landscape after securing a strategic investment from Circle Ventures and launching USD Coin (USDC) settlement on its platform. The…
The United Kingdom is intensifying its partnership with Nigeria’s rapidly growing digital economy through a series of reforms and investment-driven initiatives designed to expand broadband access, strengthen digital governance and…
Google has pledged to cooperate with Nigerian regulators following the Federal Government’s decision to investigate major technology companies over concerns about competition, artificial intelligence, and the use of news content.…
The Nigerian stock market witnessed a powerful resurgence on Monday as investors poured funds into equities ahead of the release of half-year (H1) financial results and expected interim dividend announcements…
Nigeria’s foreign exchange market has kicked off the third quarter of 2026 on a strong note, recording its highest weekly turnover in more than three months. Fresh data from FMDQ…
Nigeria’s ambition to become a leading global gas powerhouse received a major boost as the NNPC Ltd/Seplat Energy Producing Nigeria Unlimited (SEPNU) Joint Venture signed a landmark 15-year Wet Gas…
Nigeria’s stock market extended its recovery streak on Tuesday as investors gained an impressive N1.86 trillion in a single trading session, driven by strong buying interest across major sectors of…
Nigeria’s financial sector is showing remarkable strength, with deposit money banks recording total assets of N180.37 trillion, equivalent to 41.8 per cent of the country’s nominal Gross Domestic Product (GDP).…
The Securities and Exchange Commission (SEC) has approved a mandatory takeover offer worth N6.94 billion by Emerald HoldCo B.V. for a portion of the outstanding shares of Beta Glass Plc,…
Nigeria’s stock market is showing renewed strength, with investors closely watching for the next major rally on the Nigerian Exchange (NGX). After weathering a wave of profit-taking in recent weeks,…
The Federal Government has appealed to residents and stakeholders in Ogun and Ondo states to fully support the proposed Dangote Industrial City and Deep Seaport project, describing it as a…
Nigeria’s business landscape is set for another eventful week as key developments across the energy, banking, and financial sectors take centre stage. From the opening of the 25th Nigeria Oil…
Global consumer electronics giant TCL has strengthened its commitment to the Nigerian market with the launch of its 2026 lineup of AI-powered smart home products. The unveiling, held in Lagos,…
Africa’s largest refinery, the Dangote Petroleum Refinery, spent an estimated $4.48 billion importing 40.4 million barrels of crude oil over a two-month period, highlighting the massive scale of its operations…
The African Continental Free Trade Area (AfCFTA) Digital Trade Forum 2026 has ended with a strong call for member states to accelerate the implementation of the AfCFTA Digital Trade Protocol,…
Nigeria’s revenue drive has gained significant momentum, with the Nigeria Revenue Service (NRS) generating an impressive N21.6 trillion in the first six months of 2026. According to the Economic Snapshot…
U.S. stock futures traded mixed on Tuesday as a fresh wave of selling in semiconductor stocks dragged Nasdaq futures lower, highlighting growing investor caution ahead of the closely watched second-quarter…
The Nigerian stock market continued its impressive recovery on Monday, delivering a massive N3.17 trillion gain for investors as renewed buying activity swept across major sectors of the economy. The…