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NGX Sheds N613bn as Bearish Momentum Continues
The Nigerian Exchange Limited (NGX) extended its recent losing streak on Thursday as continued selling pressure…
SEC orders freeze of assets linked to six alleged terrorist financiers, three BDCs
The Securities and Exchange Commission (SEC) has ordered capital market operators across Nigeria to immediately…
Nigeria’s Oil Production Falls 4% as Hormuz Tensions Raise Fresh Energy Concerns
Nigeria’s oil production slipped by four per cent month-on-month in July, highlighting fresh challenges for the…
AFC Leads $2.5bn Dangote Refinery Equity Raise as Capacity Target Rises to 1.4m…
Africa Finance Corporation (AFC) has led a group of strategic investors in a major $2.5 billion equity raise for…
DMO to Auction N425bn FGN Bonds as Investors Eye August 17 Offer
The Debt Management Office (DMO) is set to offer N425 billion worth of Federal Government of Nigeria (FGN) bonds to…
Nigeria LNG Targets Growth as Train 7 and New Gas Deals Boost Expansion Plans
Nigeria LNG Limited (NLNG) is looking beyond its recent revenue dip as the gas giant prepares for what could be a…
Nigeria’s Oil Output Slips 4% in July but Still Beats OPEC Quota
Nigeria’s crude oil production dropped by about 4 per cent in July, ending months of steady growth, but the country…
Tinubu Explains New Oil Incentives as Nigeria Targets $50bn Deep Offshore…
President Bola Tinubu has explained why his administration is rolling out fresh incentives and policy directives to…
Gemini Hits 1 Billion Monthly Users as Google Steps Up AI Battle
Google’s Gemini has officially crossed the 1 billion monthly active users mark, giving the technology giant a major…
Tinubu Applauds AfCFTA Backing for Nigeria’s Customs Modernisation Drive
President Bola Tinubu has welcomed the growing continental recognition of Nigeria’s Customs modernisation…
NGX Woos Hong Kong Investors, Urges Chinese Firms to Consider Dual Listings
The Nigerian Exchange Group (NGX Group) is stepping up its push for international capital by courting investors in…
Stock Futures Rise as Investors Await Fresh U.S. Inflation Data
U.S. stock futures edged higher early Thursday as investors turned their attention to another key inflation report…
NGX Loses N1.76tn as BUA Foods, Banking Stocks Lead Sell-Off
The Nigerian Exchange Limited (NGX) came under heavy selling pressure on Wednesday as investors offloaded shares in…
NGX Agro Stocks: What Investors Should Buy, Hold, Watch or Avoid in H2 2026
Nigeria’s agricultural stocks are entering the second half of 2026 with impressive numbers, but investors may need…
Consumer Goods Selloff Wipes N1.76 Trillion From NGX as Investors Lock in Gains
The Nigerian Exchange (NGX) extended its losing streak on Wednesday, August 12, 2026, as a sharp selloff in…
Nigeria’s Crude Supply Dispute Deepens as Dangote Refinery and NUPRC Clash Over…
Nigeria’s long-running dispute over crude oil supplies to the Dangote Refinery has taken a new turn, with the…
West Africa Could Unlock $3tn Energy Market by 2035 Through Regional Integration —…
West Africa could build a $3tn cumulative energy market by 2035 if the region’s 16 countries move away from…
SEC Sets 5pm T+1 Settlement Deadline for Equities, Commodities Trades
The Securities and Exchange Commission has set 5:00 p.m. on the first business day after a transaction (T+1) as the…
African Founders in UK Get New Platform to Pitch, Raise Capital and Build…
African founders, technology professionals and investors working between the United Kingdom and Africa are set to…
Nigeria Targets Fresh Capital to Close $200 Billion Gas Infrastructure Gap
Nigeria is intensifying efforts to attract private and international funding into its gas sector as the country…
NFEM Turnover Falls to $185 Million, Hits 11-Week Low as FX Activity Slows
Foreign exchange activity on Nigeria’s official market took a sharp hit on August 11, with Nigerian Foreign…
Nigeria’s Crude Oil Output Stays Above 1.5 Million bpd Despite July Dip
Nigeria’s crude oil production remained above the 1.5 million barrels per day (bpd) mark for the third consecutive…
CBN Raises 364-Day Treasury Bill Rate to 17.59% Despite N4.4 Trillion Demand
The Central Bank of Nigeria (CBN) has raised the stop rate on its 364-day Treasury Bill to 17.59%, surprising…
U.S. Stock Futures Edge Higher as Investors Brace for Key Inflation Report
U.S. stock futures moved slightly higher on Wednesday as investors kept their attention firmly on the latest…
NRS Tax Reforms Reshape Nigeria’s Economy as Revenue Hits N21.6 Trillion
Nigeria’s tax system is entering a new era as the Nigeria Revenue Service (NRS) pushes reforms aimed at changing…
T-Bill Yields Slide as Investors Chase N700bn CBN Auction
T-bill yields edged lower on Monday as investors stepped up demand for short-term government securities ahead of…
European Stocks Hold Steady as Oil Climbs Ahead of Key US Inflation Data
European stocks remained largely steady on Wednesday as investors took a cautious approach ahead of key U.S.…
Bank of America launches $250 billion initiative for US tech, energy…
Bank of America is putting serious money behind America’s next phase of growth, announcing plans to deploy $250…
Africa50 Secures $20m Investment, Boosts Infrastructure Fund to $330m
Africa50, the pan-African infrastructure investment platform, has secured fresh capital and strategic partnerships…
Nigeria’s Rising Debt Service Threatens Social Spending as AfDB Raises Alarm
Nigeria’s growing debt obligations are putting increasing pressure on government spending, with the African…