Real Time Financial News Website
The Nigerian Exchange Group (NGX Group) has called for a stronger integration of the capital market into Nigeria’s monetary policy framework, stressing that the country’s economic stability increasingly depends on…
European markets opened the day under pressure as investor sentiment weakened across major indices, with growing uncertainty driven by fresh U.S. tariff proposals and corporate shake-ups. The pan-European Stoxx 600…
The battle between Africa’s richest man’s refinery and Nigeria’s oil authorities has escalated, as the Dangote Petroleum Refinery and Petrochemicals FZE has accused the Federal Government and its agencies of…
The rapid rise of Artificial Intelligence (AI) is reshaping the global workforce, but a new warning from the International Labour Organisation (ILO) suggests the transformation could come with a heavy…
Nigeria’s foreign exchange market has long struggled with instability, uncertainty, and policy inconsistencies that have affected importers, exporters, and investors alike. From delayed documentation processes to concerns over access to…
The Nigerian naira has continued its steady performance against the British Pound Sterling, trading at around N1,833/£1 in the latest foreign exchange activity recorded by the Central Bank of Nigeria…
More than a month after Nigeria was included in China’s zero-tariff arrangement for African exports, expectations are rising—but so are concerns. While the policy is designed to boost trade, many…
The African Export-Import Bank (Afreximbank) is ramping up efforts to turn the African Continental Free Trade Area (African Continental Free Trade Area) from policy into real commercial action, introducing a…
The Nigerian equities market closed on a negative note as bearish sentiment dominated trading activities, wiping off about N479 billion from investors’ wealth. The downturn was largely driven by sustained…
Dangote Industries Limited has once again solidified its reputation as a continental powerhouse after being named Africa’s Most Admired Brand for the eighth consecutive year in the Brand Africa 100…
The Debt Management Office (DMO) has officially opened subscription for the June 2026 FGN Savings Bond, offering Nigerians another chance to earn attractive, low-risk returns backed by the Federal Government.…
The Nigerian equities market started June 2026 on a bearish note, wiping out a staggering N2.29 trillion in market capitalisation within just two trading sessions. The decline, recorded across Monday…
Nigeria’s stock market has witnessed an unprecedented transformation over the last three years, with the Nigerian Exchange (NGX) growing from a market capitalization of N30 trillion in 2023 to an…
Nigeria’s Electricity Distribution Companies (DisCos) generated nearly N600 billion in revenue during the first quarter of 2026, despite ongoing power outages that left millions of households and businesses grappling with…
Nigeria has achieved a major milestone in its financial sector as the Nigerian Exchange (NGX) officially transitioned to a T+1 settlement cycle, becoming the first capital market in Africa to…
Nigeria’s capital market has taken a major leap forward as the Central Securities Clearing System (CSCS) Plc officially launched the T+1 settlement cycle, marking a historic shift that places the…
The Nigerian Exchange Limited (NGX) began the new trading week on a negative note as investors recorded widespread losses across key equities. The bearish start reflected renewed profit-taking and cautious…
European markets staged a recovery on Tuesday as investor sentiment improved, with the Stoxx 600 climbing around 0.7% after recent losses. The rebound came as oil prices eased, driven by…
Nigeria’s financial system is heading into another wave of liquidity pressure as the Central Bank of Nigeria (CBN) prepares to manage an estimated N10.90 trillion inflow in June 2026, driven…
The Central Bank of Nigeria (CBN) has announced a bold plan to pull about N2.83 trillion in cash currently outside the banking system back into formal financial channels, as part…
Nigeria has taken a major step to unlock its vast mineral wealth as it signs a new partnership with Türkiye aimed at attracting foreign investment into its solid minerals sector,…
Nigeria’s fuel market has witnessed a dramatic and painful transformation as the price of Premium Motor Spirit (petrol) skyrocketed by about 643% within three years, climbing from N175 in 2023…
Operations at the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) were brought to a standstill on Monday after oil-sector workers under the Petroleum and Natural Gas Senior Staff Association of Nigeria…
African fintech powerhouse Flutterwave has reached a major milestone, announcing that it has now processed over 1 billion transactions and facilitated more than $40 billion in total payment value since…
Despite signs of improved stability in Nigeria’s foreign exchange market, the naira failed to break into Africa’s top 10 best-performing currencies in May, ranking 12th across the continent. The local…
Nigeria’s capital market has recorded a major breakthrough with the official launch of a T+1 settlement cycle, making it the first market in Africa to adopt the faster post-trade system.…
Global oil prices surged on Monday after diplomatic efforts between the United States and Iran showed signs of collapse. The sudden breakdown in negotiations came as military activity in the…
Shareholders on the Nigerian Exchange (NGX) are in for a rewarding month as 12 listed companies have confirmed dividend payments scheduled for June 2026, signaling continued strength in income-generating stocks…
Nvidia has taken a major step toward reshaping the future of personal computing with the launch of its new RTX Spark superchip, a powerful processor designed to bring advanced artificial…
The Central Bank of Nigeria (CBN) has unveiled an ambitious plan to achieve 95 percent financial inclusion by 2028, a move aimed at expanding access to banking services and accelerating…