Real Time Financial News Website
The NGX Regulation Limited (NGX RegCo) has recovered more than N500 million for investors, reinforcing its commitment to investor protection and transparency in Nigeria’s capital market. The regulatory arm of…
The Nigerian stock market kicked off trading for the month of May on a positive note, recording a gain of N63 billion as investor confidence strengthened. The bullish start reflects…
Lafarge Africa Plc has announced a total dividend payout of N96.64 billion to its shareholders for the 2025 financial year, reflecting a strong year of financial performance. The company declared…
The Nigerian naira recorded a notable recovery in April 2026, marking its first monthly gain for the month of April in three years. According to Central Bank of Nigeria (CBN)…
Bank deposits with the Central Bank of Nigeria (CBN) dropped sharply to N92.32 trillion in April 2026, following the Monetary Policy Committee’s decision to reduce the Monetary Policy Rate (MPR)…
Concerns are growing over the Federal Government’s delay in publishing the detailed breakdown of Nigeria’s 2026 budget, despite President Bola Ahmed Tinubu signing the appropriation bill into law on April…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported a strong financial performance, remitting a total of N2.89 trillion to the Federation Account in the first quarter of 2026.…
California motorists are facing a sharp spike in fuel costs as gas prices in the state have climbed to an average of $6.114 per gallon, marking the highest level recorded…
Cerebras Systems, the AI chip company closely linked to OpenAI, is moving closer to what could become one of the biggest tech IPOs of 2026. The company is planning to…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has taken a fresh step toward reviving Nigeria’s long-troubled refineries, signing a new agreement with two Chinese firms to accelerate the rehabilitation…
Nigeria’s leading commercial banks have recorded a massive surge in digital activity, processing a combined N286.19 trillion in mobile banking transactions in 2025. The figure highlights how traditional banks are…
This week’s global business landscape is shaping up with major developments across energy, media, and economic policy. From oil market disruptions to digital platform restructuring and transport innovations in Nigeria,…
The Nigerian naira opened the first trading session of May 2026 on a stronger note, appreciating to N1,367.5 per dollar on May 4. This continues the positive momentum recorded in…
European stocks opened mixed on Tuesday as investors reacted cautiously to rising geopolitical tensions linked to the Iran conflict, which continues to rattle global sentiment and energy markets. The pan-European…
Nigeria’s equities market extended its bullish momentum in April 2026, with Stocks Worth Over One Trillion (SWOOT) strengthening their grip on the Nigerian Exchange (NGX). The segment’s total market capitalization…
Seplat Energy Plc is preparing for a major production increase in 2026 as it moves closer to restarting its Yoho offshore platform, a key asset expected to return to service…
Nigeria’s power sector is entering a new phase as the Nigerian Electricity Regulatory Commission (NERC) has asked electricity consumers in 15 states to take their complaints directly to state regulators.…
MTN Nigeria is facing mounting financial pressure as soaring diesel prices, now hovering around N2,000 per litre, threaten to erase an estimated N140 billion from its margins. The telecom giant…
An English High Court has imposed a sweeping global asset freeze on Nigerian oil trader Abdulrahman Musa Bashar after he failed to settle a $40 million judgment debt, escalating a…
Ten stockbroking firms dominated trading activity on the Nigerian Exchange (NGX) in April 2026, executing a combined N949.899 billion in transactions. This accounted for more than half of total market…
East Africa has recorded a significant surge in foreign and domestic investment, pulling in about $4.1 billion between 2021 and 2025. The growth is being linked to ongoing reforms in…
Nigeria’s subnational governments increased their reliance on foreign borrowing in 2025, as 32 states and the Federal Capital Territory (FCT) collectively added nearly $1 billion in new external loans. Fresh…
Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, has called on bank directors and corporate leaders to place risk management at the centre of corporate governance, stressing…
Nigeria has urged the international maritime community to ensure fairness and equity as the global shipping industry moves toward net-zero emissions. The appeal was made at the 84th session of…
The Central Bank of Nigeria (CBN) has announced plans to raise N700 billion through its Nigerian Treasury Bills (NTBs) auction scheduled for May 7, 2026. The issuance marks the first…
OPEC+ has agreed to increase oil production by 188,000 barrels per day (bpd) starting in June, even as the United Arab Emirates (UAE) officially exits the oil-producing alliance. The decision…
Nigeria’s economy recorded a significant milestone in 2025 as its dollar-denominated gross domestic product (GDP) rose by 22 per cent to about $307 billion, signalling renewed growth momentum and improved…
The Dangote Petroleum Refinery has announced it will begin direct supply of aviation fuel to airlines in Nigeria at N1,820 per litre. The move comes amid rising concerns over soaring…
Nigeria has recorded a major fiscal boost after a sharp rise in global crude oil prices pushed government oil earnings above projections by more than N5.13 trillion within just two…
Konga has kicked off its highly anticipated Tech Month 2026 campaign, offering Nigerians discounts of up to 50 percent on a broad range of technology products. The month-long initiative, running…