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Cash Outside Banks Drops by N198bn as Nigeria’s Money Supply Dips in January 2026
Nigeria saw a significant reduction in cash held outside the banking system in January 2026, with N197.68bn…
Nigerian Stocks Near Bubble Territory: Investors Urged to Exercise Caution
Nigerian stocks are riding a wave of unprecedented momentum, with equities up roughly 27.5% year-to-date following…
Nigerian Stock Market Sees N164bn Traded in Five Days Amid 10% Decline
Investors on the Nigerian stock market traded a total of 3.32 billion shares worth N164.84 billion over five days,…
Brent crude tops $105 as Iran conflict heightens global oil supply fears
Global oil prices surged on Monday as tensions in the Middle East intensified, pushing Brent crude above $105 per…
Mixed Auction Results Weigh on Nigeria’s Fixed-Income Market as Investors Remain…
Nigeria’s fixed-income market faced a difficult week as mixed auction results and cautious investor sentiment…
Oil Prices Surge Past $100 Amid Gulf Crisis: Brent Closes at $99
Oil prices experienced wild swings on Thursday as geopolitical tensions in the Gulf sent shockwaves through global…
Oil Prices Soar Above $100 Amid Middle East Crisis, Millions Displaced in Iran
Oil prices have rebounded above $100 per barrel as the U.S.-Israel war on Iran enters its second week, fueling…
Top Money Market Mutual Funds in Nigeria by YTD Yields – February 2026
Nigeria’s mutual fund industry continues its steady growth as investors seek structured investment options that…
NGX Group, CSCS, WIMBIZ Champion Women’s Empowerment Through Capital Markets
Nigerian Exchange Group Plc (NGX Group), in partnership with Central Securities Clearing System Plc (CSCS) and…
Petrol Price Hikes in Nigeria Hit Poor Families Hardest, Says Agora Think-Tank
Rising petrol prices and electricity tariffs in Nigeria are disproportionately affecting the country’s poorest, a…
Petroleum Subsidies and FX Distortions Cost Nigeria 6% of GDP – CBN Reveals…
Nigeria’s economy narrowly avoided a collapse as years of mismanaged petroleum subsidies and foreign exchange…
FG Cuts Domestic Debt Service by 38% in January 2026, Signaling Stronger Fiscal…
The Federal Government (FG) of Nigeria has significantly reduced its domestic debt service payments, spending…
Nigeria’s Treasury Bills Auction Hits N2.78 Trillion Subscriptions, Oversubscribes…
Nigeria’s latest Treasury Bills (T-Bills) Primary Market Auction, conducted by the Central Bank of Nigeria (CBN) on…
SEC Includes GoldBod in Ghana’s Virtual Asset Regulatory Sandbox to Pilot…
The Securities and Exchange Commission (SEC) of Ghana has clarified the inclusion of the Ghana Gold Board (GoldBod)…
CBN-Led Bank Recapitalisation Boosts Nigeria’s Path to a $1 Trillion Economy
The Central Bank of Nigeria (CBN) is nearing the completion of a landmark bank recapitalisation exercise set to…
Nigeria’s Economy Resilient Amid US-Iran Tensions, Says CBN Governor
Nigeria’s economy is poised to withstand potential shocks from escalating tensions in the Middle East, according to…
Transcorp Hotels and BUA Cement Boost Nigerian All-Share Index by N600 Billion
The Nigerian stock market returned to bullish territory on March 12, 2026, with the All-Share Index (ASI) gaining…
Nigeria Banks Deposit N7 Trillion in CBN Amid Persistent Liquidity Surplus
Nigeria’s deposit money banks (DMBs) have parked nearly N7 trillion in excess cash at the Central Bank of Nigeria’s…
NERC Orders N20.33bn Meter Refunds as DisCos Face Mounting Liquidity Pressure
Electricity distribution companies across Nigeria are facing renewed financial strain after the Nigerian…
Asia-Pacific Markets Tumble as Middle East Conflict Drives Oil Prices Above $100
Asia-Pacific stock markets fell sharply on Friday as investors reacted to soaring oil prices and growing fears that…
Nigerian Stock Market Rebounds with N649bn Gain as Investor Confidence Returns
The Nigerian equities market rebounded on Thursday, adding N649bn to investors’ wealth after reversing losses…
Nigerian Breweries Acquires 29% Stake in Ogun Plastic Recycling Project to Boost…
Nigerian Breweries Plc has acquired a 29% stake in a recycled Polyethylene Terephthalate (rPET) production facility…
Crude Oil Prices Surge Toward $100 Amid Iran Tensions
Global crude oil prices surged once again, approaching the $100-per-barrel mark during Asian trading on March 12,…
Nigeria’s Crude Oil Production Drops to 1.31 Million BPD, Falling Short of OPEC…
Nigeria’s crude oil production fell sharply to 1.31 million barrels per day (bpd) in February 2026, according to…
TeKnowledge and Microsoft Partner to Upskill 10,000 Nigerians in AI
Nigeria’s national workforce is set to receive a significant upgrade as TeKnowledge joins forces with Microsoft to…
Dangote Dominates N14.4tn Petrol Market: Experts Warn of Monopoly Risks in Nigeria
Nigeria’s energy sector is facing a major shake-up as Dangote Petroleum Refinery now supplies over 90% of the…
Wale Edun Assures Nigerians of Stable Food Prices Amid Global Economic Uncertainty
Nigeria’s Finance Minister and Coordinating Minister of the Economy, Wale Edun, has reassured citizens that the…
Strategic Market System to Transform Nigeria’s Agricultural Value Chain – FG
The Federal Government has announced that a strategic market system will revolutionize Nigeria’s agricultural…
NERC Orders Private Substations to Secure Permits Within 45 Days to Strengthen…
The Nigerian Electricity Regulatory Commission (NERC) has ordered all owners of private transmission substations…
Net Foreign Exchange Inflow into Nigeria Drops 18% to $61.3 Billion in 11 Months
Nigeria’s net foreign exchange (forex) inflow fell sharply by 18.3 percent year-on-year to $61.29 billion in the…