Real Time Financial News Website
Asian technology stocks soared on Monday as investors reacted positively to reports of a peace agreement between Iran and the United States, triggering a broad “risk-on” rally across regional markets.…
Nigeria’s stock market has delivered one of its most dramatic wealth surges in recent history, rising from about N30 trillion in 2023 to more than N160 trillion by mid-2026 under…
The price of petrol in Nigeria may soon see a major relief, with industry operators suggesting that Premium Motor Spirit (PMS) could drop to as low as N900 per litre…
West Africa’s fuel supply chain is undergoing a major shift as the ramp-up of the Dangote Petroleum Refinery sharply reduces the region’s dependence on imported refined products. New industry data…
Global oil prices fell sharply on Monday while stock markets surged after the United States and Iran announced a landmark peace deal aimed at ending months of conflict and reopening…
SpaceX shares continued their strong momentum on Monday, rising about 6% in premarket trading following last week’s historic market debut on the Nasdaq. The surge comes after the company completed…
Nigeria’s Company Income Tax (CIT) collections recorded a notable decline in the first quarter of 2026, as new data from the National Bureau of Statistics (NBS) shows that total revenue…
The Nigerian Exchange Group (NGX) and the Abu Dhabi Securities Exchange (ADX) are deepening talks on a strategic partnership designed to channel more Middle Eastern capital into Africa’s fast-growing economies.…
Nigeria’s equities market ended the week on a strong bullish note as investors collectively gained about N1.4 trillion, pushing market capitalisation above N156 trillion. The rally was driven by renewed…
A major geopolitical shock has rippled through global markets after reports that the United States and Iran have reached a peace agreement aimed at ending months of escalating tensions. The…
Nigeria’s economy recorded a strong boost in non-oil revenue as Value Added Tax (VAT) collections climbed to N2.42 trillion in the first quarter of 2026, according to fresh data released…
Nigeria may soon face renewed debates over taxation after the International Monetary Fund (IMF) recommended the introduction of taxes on fuel products and telecommunications services as part of efforts to…
Nigeria’s banking sector, once celebrated as one of Africa’s strongest profit engines, is entering a new phase marked by slowing growth and increasing pressure on earnings. After enjoying two years…
The Nigerian equities market closed the shortened trading week on a positive note, with the Nigerian Exchange (NGX) recording a 0.6% week-on-week gain despite a slight dip in the final…
Nigeria’s Value Added Tax (VAT) revenue has recorded a strong start to 2026, rising to N2.42 trillion in the first quarter, according to fresh data released by the National Bureau…
Six fuel-laden vessels valued at approximately N279 billion have begun arriving at Nigerian ports, intensifying attention on the ongoing legal dispute between Dangote Petroleum Refinery and the Nigerian National Petroleum…
Global oil prices fell on Thursday after U.S. President Donald Trump signaled a possible breakthrough in tensions with Iran. His comments suggested that a peace agreement could be close, immediately…
Flutterwave Founder and CEO, Olugbenga Agboola, has called for a new generation of financial infrastructure in Africa that is built to withstand economic and system shocks from the ground up.…
The World Bank has revised Nigeria’s economic growth projection downward to 4.1% for 2026, warning that deep-rooted structural challenges continue to slow the country’s ability to fully benefit from rising…
The Central Bank of Nigeria (CBN) has introduced draft guidelines aimed at tightening oversight of banks and other financial institutions operating within corporate groups. The move is designed to strengthen…
Nigeria’s liquefied natural gas (LNG) exports have recorded a major boost, surging by 57% to $3.38 billion in the first quarter of 2026, compared to the same period in 2025.…
Nigeria is set to take a bold step toward its long-term economic ambitions with the launch of the New Nigeria Festival, a national platform designed to accelerate innovation, attract global…
SpaceX has rewritten the history books of global finance after raising an unprecedented $75 billion in what has become the largest Initial Public Offering (IPO) ever recorded. The landmark debut…
Nigeria has recorded its strongest crude oil production performance in over a year, surpassing its Organisation of the Petroleum Exporting Countries (OPEC) quota for the first time in months. Fresh…
The Federal Government of Nigeria has raised N4.678 billion through its June 2026 Savings Bond issuance, highlighting growing investor confidence in government-backed investment products. The latest offer, managed by the…
Nigeria’s oil production rose to an average of 1.53 million barrels per day (bpd) in May 2026, marking its highest output level since July 2025 and signaling renewed momentum for…
President Bola Tinubu is not Nigeria’s biggest borrower since Nigeria returned to democratic rule in 1999, according to a new report that seeks to clarify growing concerns over the nation’s…
Despite ongoing pressure on household budgets, Nigerians are beginning to believe that inflation may slow down in the coming months. This is according to a new Central Bank of Nigeria…
The Chief Executive Officer and co-founder of Bluechip Technologies, Kazeem Tewogbade, has raised serious concerns about the long-term risks of artificial intelligence, warning that the technology could lead to consequences…
Oracle delivered a stronger-than-expected performance in its fiscal fourth quarter, beating Wall Street forecasts on both revenue and earnings while raising its profit outlook for the year. However, the upbeat…