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Naira Falls to N1,376/$ as Dollar Surges Amid Middle East Tensions
Nigeria’s naira slipped to N1,376 per dollar on Monday, extending its recent volatility as the U.S. dollar…
Nigerian Stocks Rally Amid US-Iran Tensions as Oil Shares Lead Gains
The Nigerian stock market surged on March 2, 2026, shrugging off global concerns over the US-Iran conflict. The…
NGX Surges N1.7tn as Banking, Oil & Gas Stocks Lead Market Rally
Trading on the Nigerian Exchange (NGX) ended Monday on a positive note, with the All-Share Index climbing to…
Petrol Prices Could Hit ₦1,000/Litre as Dangote Refines Strategy Amid Global Oil…
The price of Premium Motor Spirit (PMS), commonly known as petrol, may soon reach between ₦980 and over ₦1,000 per…
European Markets Slide as U.S.-Iran Conflict Escalates, Oil Prices Surge
European markets are set to open sharply lower on Tuesday as rising geopolitical tensions in the…
Banks Disburse N36.4tn to Trade Sector as Rate Cut Sparks Fresh Credit…
Nigerian deposit money banks disbursed N36.39 trillion to the Trade and General Commerce sector between January and…
Nigeria’s Net FX Reserves Soar 772% to $34.8 Billion, Signaling Stronger Economic…
Nigeria’s net foreign exchange reserves soared to $34.80 billion at the end of 2025, marking a remarkable 772 per…
CBN Cuts Interest Rate to 26.5% as Disinflation and FX Stability Strengthen…
The Central Bank of Nigeria has reduced its Monetary Policy Rate (MPR) by 50 basis points to 26.5 per cent, marking…
Investors Gain N17.5 Trillion in February as Nigerian Stock Market Surges
Investors in Nigeria’s stock market enjoyed a substantial boost in February 2026, with gains totaling N17.5…
Nigeria Spends N6.32 Trillion on Domestic Debt in 9 Months Amid Rising Interest…
The Nigerian federal government spent a staggering N6.32 trillion on domestic debt servicing between January and…
Naira Depreciates to N1,368/$ Following CBN’s 304th MPC Meeting
The naira faced a steady decline throughout the week, closing at N1,368/$ in the official market, following the…
Rising Public Debt Clouds CBN Rate Cut Despite Economic Gains
Economic experts say Nigeria’s recent macroeconomic improvements are being tempered by a rising public debt…
Crude-Backed Loans Tie Up N8.36tn of Nigeria’s 2025 Oil Revenue
Nigeria’s crude oil production in 2025 saw nearly 15% of output effectively pre-committed to servicing crude-backed…
N5tn Bank Recapitalisation Set to Transform Nigeria’s Financial Sector
Nigeria’s banking sector is poised for a major transformation as the Central Bank of Nigeria (CBN) nears completion…
Nigerian Stock Market Surges with N17.6 Trillion Gain in February 2026
The Nigerian stock market recorded historic growth in February 2026, with investors collectively gaining N17.6…
Dangote Refinery Appoints Stanbic IBTC, Vetiva, and First Capital for…
The Dangote Group has officially appointed Stanbic IBTC Capital, Vetiva Capital Management, and First Capital as…
Oil Prices Surge Toward $80 Amid Middle East Tensions – Global Markets on Edge
Oil prices surged sharply on Monday as escalating military tensions between the United States, Israel, and Iran…
OpenAI and Amazon Launch $50 Billion AI Partnership to Revolutionize Enterprise…
In a move set to reshape the global artificial intelligence landscape, Amazon and OpenAI have unveiled a multi-year…
OPEC+ Raises Oil Production Amid Middle East Tensions, Markets Watch Strait of…
Key members of OPEC+ have announced a higher-than-expected increase in oil production quotas, raising the stakes…
Nigeria’s Agriculture Sector Hits N101.46tn Turnover as Investment Boosts Growth
Nigeria’s agriculture sector achieved a remarkable N101.46tn turnover in 2025, up from N96.46tn in 2024, signaling…
Dangote Port Sparks Nigeria’s Revival as a Global Fuel Exporter
Nigeria’s long-standing paradox of being Africa’s largest crude producer yet a major fuel importer is quietly…
NGX Surges 16.60% in February as Oil & Gas Stocks Lead Broad Market Rally…
The Nigerian stock market delivered a strong performance in February 2026, with the All-Share Index climbing 16.60%…
Global Markets Tumble as U.S.-Israel Strikes on Iran Trigger European Stock Slump
European stock markets are bracing for a sharp downturn at the start of the trading week following major military…
Foreign Transactions on Nigerian Exchange Plunge 75% as Block Trades Disappear
Foreign investor activity on the Nigerian Exchange Limited fell sharply in January 2026, with total foreign…
NGX Loses N1.40tn as Bearish Sentiment Dominates Market
Nigeria’s equities market ended February on a weak note as bearish sentiment swept across the trading floor of the…
Dangote Refinery to Supply 65 Million Litres of Petrol Daily, Boosting Nigeria’s…
The Dangote Petroleum Refinery has entered a landmark offtake agreement with 12 major and independent oil marketers…
TotalEnergies Launches 5MW Solar Plant at OML 58 to Boost Nigeria’s Clean Energy…
TotalEnergies Marketing Nigeria Plc has revealed plans to inaugurate a five-megawatt (5MW) solar power plant at OML…
Puma Shares Rise 6% After Narrower-Than-Expected $422 Million Loss in 2025…
Shares of German sportswear giant Puma rose nearly 6% on Thursday after the company released its full-year 2025…
Dangote Refinery Launches Surfacent Plant to Revolutionize Africa’s Industrial…
Dangote Petroleum Refinery is taking a bold step to transform Africa’s industrial landscape by moving beyond crude…
Tinubu Extends Raw Shea Nuts Export Ban to 2027 to Boost Nigeria’s Processing…
President Bola Tinubu has approved a one-year extension of the ban on the export of raw shea nuts, effective from…