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Seplat, Stanbic, Lafarge Drive N883bn Nigerian Stock Market Rally as NGX Hits New…
The Nigerian Exchange (NGX) extended its bullish momentum on Tuesday as investor confidence pushed the market to a…
Naira Strengthens to N1,348/$ as U.S. Dollar Slips to Six-Week Low Amid Global…
The naira appreciated to N1,348 per dollar on Tuesday in the official foreign exchange market, marking a mild but…
Nigeria Public Debt Rises to N159.28 Trillion in 2025 as Domestic Borrowing Drives…
Nigeria’s total public debt climbed to N159.28 trillion as of December 31, 2025, according to fresh data released…
European Stocks Mixed as Iran Conflict Uncertainty Weighs on Markets and Luxury…
European equities opened in mixed territory on Wednesday as investors weighed rising geopolitical uncertainty…
IMF Cuts Nigeria’s 2026 Growth Forecast to 4.1% as Oil Gains Fail to Offset Global…
Nigeria’s economic outlook has taken a cautious turn as the International Monetary Fund (IMF) reduced the country’s…
Nigeria Revenue Service Urged to Leverage Technology for Sustained Revenue Growth…
The Nigeria Revenue Service (NRS) has been urged to embrace technology and strengthen institutional efficiency to…
Nigeria Urged to Maximise $11.3m AfDB Renewable Energy Fund Through Mini-Grids and…
Nigeria has been advised to take full advantage of the $11.3 million African Development Bank (AfDB) renewable…
Nigeria Crude Oil Production Hits 1.84 Million Barrels Per Day as Output Recovery…
Nigeria’s crude oil production has recorded a significant rebound, reaching a peak of 1.84 million barrels…
Power Subsidy Hits N418.79bn as Nigeria’s Electricity Sector Records Over N300bn…
Nigeria’s electricity sector faced mounting financial pressure in the fourth quarter of 2025, as the Federal…
Tinubu 2026 Budget Signing: President Set to Approve ₦68.323 Trillion Nigeria…
President Bola Tinubu is expected to sign the ₦68.323 trillion 2026 national budget at any moment after it was…
FG Moves for Cheaper Funding as Global Tensions Push Inflation, Oil Prices Higher
The Federal Government has announced plans to pursue cheaper funding and stronger international financial support…
NGX Market Capitalisation Hits N131.6tn as 31 Stocks Drive Gains in Bullish…
The Nigerian equities market opened the week on a positive note as renewed buying interest in medium and large-cap…
NGX Market Capitalisation Rises by N443 Billion as 31 Stocks Drive Broad Market…
The Nigerian stock market opened the week on a positive note as the Nigerian Exchange Limited (NGX) recorded a…
Africa’s FDI Stuck at 4–6% Despite Global Investment Surge, New Report Warns
Africa’s share of global foreign direct investment (FDI) has remained trapped between 4% and 6%, according to a new…
Edun Pushes for Lower Borrowing Costs at IMF and World Bank Meetings Amid Rising…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, is heading into the 2026 Spring…
NGX All-Share Index Crosses 204,000 as Nigerian Stock Market Hits Record High…
The Nigerian stock market opened the week on a positive note as the NGX All-Share Index rose to 204,458.9 points on…
Nigeria Crude Oil Production Rises to 1.38mbpd in March 2026 as OPEC Reports…
Nigeria’s crude oil production recorded a slight improvement in March 2026, rising to 1.38 million barrels per day…
Nigeria FX Reserves May Fall to $47bn in 2026 Despite Economic Reforms – Fitch…
Nigeria’s foreign exchange reserves are projected to decline to about $47 billion by the end of 2026, according to…
Global Smartphone Shipments Fall 6% in Q1 2026 Amid AI Chip Demand and Middle East…
Global smartphone shipments fell by 6 percent year-on-year in the first quarter of 2026, marking one of the…
UAE and India Lead Ghana Exports in 2025 as Trade Concentration Deepens
Ghana’s export earnings in 2025 were heavily dominated by a small group of international partners, with the United…
Asia Markets Rise on U.S.-Iran Deal Hopes as China Export Growth Slows
Asia-Pacific markets closed mostly higher on Tuesday as investors held onto cautious optimism that a diplomatic…
Dangote Refinery Becomes Net Exporter as Nigeria Boosts Oil Exports in March
In a historic shift for Nigeria’s energy sector, the Dangote Petroleum Refinery & Petrochemicals recorded a…
Nigeria Targets Wealthy Lifestyle Spending to Boost Tax Revenue
Nigeria is stepping up efforts to boost public revenue by targeting wealthy individuals through a data-driven tax…
European Markets Rise on Iran Peace Talks Hopes Amid Oil Volatility
European stock markets opened higher on Tuesday, buoyed by renewed optimism that diplomatic talks between the…
Dangote Refinery IPO Set to Raise $5bn in Historic African Listing
Nigeria is on the brink of a landmark financial moment as Aliko Dangote moves forward with plans to list the…
Insurance Recapitalisation: Nigeria’s Insurance Sector Undergoes Major Shake-Up…
Nigeria’s insurance industry is undergoing one of its most significant transformations in years as the 2026…
Global Stocks Rise as Oil Prices Dip After US-Iran Ceasefire Talks Ease Market…
Global financial markets ended the week on a mixed but cautiously optimistic note, as stocks rose across major…
Nigeria Fuel Prices, Inflation Rise as Oil Nears $100+ Amid Strait of Hormuz…
Nigeria’s economy is once again under pressure as global crude oil prices edge toward the $100-per-barrel…
Nigerian Stock Market Gains N1.36 Trillion as Equities Rally Continues on Banking…
The Nigerian equities market extended its bullish run last week, delivering a strong performance that lifted…
Ellah Lakes Grows Revenue to N146.7bn in 17 Months as Agribusiness Expansion Gains…
Ellah Lakes Plc has reported a sharp rise in performance, growing its total revenue to N146.7 billion over a…