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BREAKING: Nigeria’s inflation eases to 15.91% in June despite rising food prices
Nigeria’s headline inflation rate edged lower to 15.91% in June 2026, compared to 15.93% recorded in May, according…
FTSE Russell Delays Nigeria Frontier Market Reclassification Amid T+1 Settlement…
Nigeria’s hopes of reclaiming its position in the global Frontier Market Index have hit a temporary roadblock after…
CBN Signals High Interest Rates May Persist as Reform Gains Boost Investor…
The Central Bank of Nigeria (CBN) has indicated that high interest rates could remain in place for longer as…
Nigeria, Hong Kong Sign Double Taxation Agreement to Boost Trade and Investment
Nigeria and the Hong Kong Special Administrative Region of the People’s Republic of China have officially signed a…
China Oil Inventories Emerge as Key Force Behind the Next Global Oil Rally
China’s massive oil stockpiles are rapidly becoming one of the most influential factors in the global energy…
Global Smartphone Shipments Drop as AI Hijacks Chip Supply
Imagine walking into a store to replace your aging phone, only to find the price tag has jumped by nearly $100…
Stock Futures Rise as Cooling Inflation Boosts Fed Rate Cut Hopes
Wall Street appeared set for another positive session on Wednesday as stock futures edged higher following a…
Top Shariah-Compliant Mutual Funds in Nigeria Spark 74% Asset Surge in H1 2026
Ethical investing is no longer just a niche moral choice in Nigeria—it is officially a highly lucrative wealth…
Nigerian Stock Market Rebounds as Market Capitalisation Surges by N719bn
After two consecutive days of losses, the Nigerian stock market staged a strong comeback on Tuesday, delivering a…
Federal Govt Inaugurates Joint Decarbonisation Group For Oil, Gas Sector
Nigeria has taken a major step toward balancing economic growth with climate responsibility following the…
US June Inflation Cools to 3.5% as Energy Dropped, But Middle East War Threatens…
American consumers caught a rare break last month as US June inflation cooled faster than anyone expected. Fresh…
FG Grants Shell $11.5 Per Barrel Tax Credit to Unlock $20 Billion Bonga Deepwater…
The Federal Government has approved a special production-linked tax credit for Shell Plc’s Bonga Southwest Aparo…
US stocks climb as inflation eases, banks impress
Wall Street caught a breath of fresh air on Tuesday morning as cooling inflation data and a blockbuster start to…
NGX Loses N1.32 Trillion as Profit-Taking Triggers Broad Market Sell-Off
The Nigerian Exchange (NGX) started the week on a bearish note as investors wiped off an estimated N1.32 trillion…
NNPC and African Oil Giants Unite to Launch $5B Bank and End Fuel Imports
Africa is officially tired of exporting its wealth and buying it back at a premium. In a massive push toward true…
NGX Rebounds by N719 Billion as FirstHoldCo and MTN Nigeria Lead Market Recovery
The Nigerian Exchange (NGX) staged a strong comeback on Tuesday, adding N719 billion to its market capitalisation…
Dangote’s Dollar Fuel Pricing Sparks Fresh Pressure on Naira and Pump Prices
Nigeria’s downstream petroleum sector is facing fresh uncertainty following Dangote Petroleum Refinery’s decision…
Nigeria, Ghana, Côte d’Ivoire, Cameroon form alliance to end raw cocoa exports
For decades, the story of African cocoa has been one of missed opportunity: the continent grows the vast majority…
Tinubu Urges Afreximbank to Fast-Track Africa’s Industrialisation and Economic…
President Bola Ahmed Tinubu has called on the African Export-Import Bank (Afreximbank) to play a more active role…
DMO Opens N1.2 Trillion Bond Auction as Federal Government Seeks Investor…
The Debt Management Office (DMO) has announced the opening of subscriptions for a N1.2 trillion federal government…
Nigeria Oil Sector Reforms: IPPG Pushes for Coordinated Action to Boost Global…
Nigeria’s oil and gas industry has been urged to embrace a new wave of coordinated reforms aimed at transforming…
South Africa Strategic Oil Reserve Plan Targets 36 Million Barrels to Boost Energy…
South Africa is set to significantly strengthen its energy security with plans to establish a strategic petroleum…
African Union Pushes for Greater Livestock Investment to Unlock Africa’s Pastoral…
The African Union has intensified calls for greater investment in Africa’s pastoral livestock sector, describing it…
Nigerian Stock Market Loses N1.32 Trillion as Investor Risk Aversion Deepens…
The Nigerian stock market suffered a significant setback on Monday as heightened investor caution erased N1.32…
Dow Futures Slide as IBM Earnings Miss and Oil Prices Surge Ahead of Key Inflation…
Wall Street faced fresh pressure on Tuesday morning as Dow futures tumbled more than 250 points, driven by…
Dangote Refinery Switches to Dollar Pricing, Ends Naira Payments for Petrol Sales
Dangote Petroleum Refinery has officially ended naira-denominated transactions for the sale of petrol, diesel, and…
TotalEnergies Demands Nigeria’s Gas Potential Unlocked For Domestic Market,…
Nigeria is sitting on an energy goldmine, and the world is officially knocking on its door. At the 25th Nigeria Oil…
Nigeria Overnight Funding Market Hits Record N97.45 Trillion as NOFR Holds Steady…
Nigeria’s overnight funding market reached a historic milestone in June 2026, with total transaction volumes…
Oil Prices Surge Above $80 as Trump Revives Iran Blockade, Raising Global Supply…
Global oil markets were shaken on Monday as crude prices surged above $80 per barrel following a dramatic…
Nigeria and Hong Kong Sign Historic Double Taxation Agreement to Protect Investors
In a major win for international business, Nigeria and Hong Kong have officially joined forces to eliminate the…