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European Markets Rise as U.S.-Iran Talks Ease War Tensions
European stock markets are poised for a stronger open on Wednesday, lifted by growing optimism that tensions…
Naira Weakens to N1,383.5/$ as External Reserves Fall to $49.6 Billion
The Nigerian naira recorded a slight depreciation on Tuesday, settling at N1,383.5 per dollar, compared to N1,383/$…
CBN Orders IMTOs to Open Naira Settlement Accounts to Boost FX Transparency
The Central Bank of Nigeria (CBN) has directed all International Money Transfer Operators (IMTOs) to open and…
Global Trade Moves 500bn Tonnes of Virtual Water Yearly – World Bank Report
Global trade is responsible for transporting an estimated 500 billion tonnes of “virtual water” each year,…
Federal Government Inaugurates New PenCom Board to Safeguard N28 Trillion Pension…
The federal government has officially inaugurated the new governing board of the National Pension Commission…
Enugu Emerges as Top Investment Destination: Governor Mbah Sparks UK Investors’…
Enugu State is fast emerging as a prime investment destination, following a high-profile engagement in London where…
Tinubu, Barbadian PM to Lead Inaugural Niger Delta Economic and Investment Summit
President Bola Tinubu and the Prime Minister of Barbados, Hon. Mia Amor Mottley, are set to attend the inaugural…
Petrol Hits N1,400/Litre: NLC, OPS Demand Urgent Government Action Amid Fuel…
The Organised Private Sector (OPS) and the Nigeria Labour Congress (NLC) have urged the Federal Government to act…
UK’s £746 Million Investment Signals Global Confidence in Nigeria’s Economy –…
The recent £746 million investment by the United Kingdom, announced during President Bola Tinubu’s state visit to…
European Stocks Struggle Amid Iran Conflict Uncertainty – Market Volatility…
European stocks struggled to find clear direction on Tuesday as uncertainty surrounding the Iran conflict weighed…
Top 5 NGX Industrial Goods Companies with Assets Above N20 Billion in FY2025
The Nigerian Exchange (NGX) industrial goods sector continues to show strong growth, with five leading companies…
Global Markets Rebound After Trump Postpones Strike: S&P 500 Leads Recovery
Global stock markets staged a strong recovery on March 23, 2026, following U.S. President Donald Trump’s…
Nigeria’s Eurobonds Rebound as Yields Ease to 7.18% Amid Global Market Tensions
Nigeria’s Eurobond market ended last week on a positive note, reversing three weeks of decline as average yields…
NNPC Eyes 100,000 bpd Boost in Nigeria’s Crude Oil Production Amid Global Supply…
Nigeria could soon see a significant boost in crude oil production, with the Nigerian National Petroleum Company…
Dangote Refinery Expands Africa Fuel Supply Amid Global Shortages
The Dangote Petroleum Refinery has made a major move to support Africa’s energy needs, exporting 12 cargoes of…
CBN Sets Sights on Single-Digit Inflation with New Monetary Policy Framework
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to bringing inflation down to single-digit levels…
European Stocks Rebound as Trump Signals Iran War De-escalation
European stock markets staged a strong comeback on Monday after U.S. President Donald Trump hinted at a potential…
Dangote LPG Price Hike Pushes Cooking Gas to N1,000/kg in Nigeria
The cost of cooking gas in Nigeria is climbing again, raising fresh concerns for households already dealing with…
Dangote Refinery Threatens Fuel Export Amid Fresh Petrol Import Licences
Nigeria’s energy landscape faces a potential shake-up as the Dangote Petroleum Refinery considers exporting all its…
FX Trades Push FMDQ Turnover to N60.77tn in January 2026
FMDQ Group kicked off 2026 with a record-breaking turnover of N60.77 trillion in January, reflecting heightened…
Dangote Refinery Boosts African Fuel Supply with 456,000-Tonne Export to Ghana,…
The Dangote Petroleum Refinery has marked a major milestone with the export of 12 cargoes of refined petroleum…
Nigeria’s Inflation Relief at Risk as Global Energy Shocks Threaten Prices
Nigeria’s headline inflation dipped slightly to 15.06% year-on-year in February 2026, down from 15.10% in January,…
Seplat Energy and Nestle Lead Nigerian Stock Market as Highest Priced Shares on…
Seplat Energy Plc and Nestle Nigeria Plc have emerged as the highest priced stocks on the Nigerian Exchange Limited…
Middle East Crisis Could Push Nigeria’s Inflation to 16% – Afrinvest Analysts
Analysts at Afrinvest West Africa have cautioned that Nigeria’s recent progress in taming inflation could be…
Elon Musk Reveals “Terafab” Chip Factory Plan for Tesla and SpaceX
Elon Musk has unveiled plans for a groundbreaking chip manufacturing initiative that will serve both Tesla and…
Nigeria’s Petrol Import Bill Falls to $10 Billion as Domestic Refining Boosts…
Nigeria’s petrol import bill declined sharply to $10 billion in 2025, down from $14.06 billion in 2024, signaling a…
Nigerian Stock Market Poised for Gains as Earnings Releases Drive Investor…
The Nigerian equities market is set for a strong week as investors show renewed confidence ahead of key earnings…
Nigerian DisCos Record N2.4 Trillion Loss Amid Worsening Electricity Blackouts
Nigeria’s electricity distribution companies (DisCos) have reported combined losses of N2.349 trillion over the…
SEC Nigeria Sets Six-Week Deadline for Capital Market Operators to Submit…
Nigeria’s Securities and Exchange Commission (SEC) has set a strict six-week deadline for all capital market…
Nigeria Earns $31.54 Billion from Crude Oil Exports in 2025 Amid Shifting Energy…
Nigeria earned $31.54 billion from crude oil exports in 2025, marking a 14.41% decline from $36.85 billion in 2024,…