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IMF July economic outlook: Oil lifts Nigeria, AI lifts the World’s winners
The latest IMF July economic outlook paints a picture of resilient growth, projecting a steady 4.1% expansion for…
Nigeria FX Market Turnover Drops 46.57% to $1.63 Billion as Trading Activity Slows
Nigeria’s FX market turnover recorded its steepest weekly decline of 2026, falling by 46.57% to $1.63 billion in…
Nigeria-Brazil Agricultural Trade Deal Officially Kicks Off
Nigeria and Brazil have officially moved from paperwork to policy as the two nations begin implementing a major new…
NGX Profit Taking Erases N1.32 Trillion in Massive Monday Sell-Off
It was a bruising start to the trading week on the Nigerian Exchange (NGX) as a heavy wave of profit-taking wiped a…
Manufacturing Sector Struggles Despite N1.17 Trillion VAT Contribution as Industry…
Nigeria's manufacturing sector generated an impressive N1.17 trillion in Value Added Tax (VAT) revenue in 2025,…
Negative sentiments resume as capitalisation dips by N1.32tr
It was a bruising Monday for investors on the Nigerian Exchange (NGX) as a sudden wave of panic-selling wiped a…
AS US, Iran Resume Hostilities over Strait of Hormuz, Dangote to Now Sell Fuel in…
The fragile peace in the Middle East has shattered once again. A fresh wave of military strikes between the United…
Nigeria Crude Oil Production 2026 Soars to Highest Level in Over Six Years
Nigeria’s energy sector is humming with newfound energy as the nation’s crude oil production soared to an average…
Stock market investors trade N220.6bn shares as banking sector dominate activity
The Nigerian Exchange (NGX) turned into a bustling financial powerhouse this past week as stock market investors…
Tanzanian Billionaire Backs Dangote’s Kenya Refinery Plan with $100 Million…
Africa’s drive toward industrial self-sufficiency received a major boost after Tanzanian billionaire Mohammed Dewji…
Nigeria’s Stock Overtakes South Korea As World’s Best-Performing
Nigeria’s stock market has climbed to the top of the global rankings, emerging as the world’s best-performing…
Nigerian bourse overtakes South Korean equities to claim world’s best-performing…
Nigeria's stock market has claimed the title of the world's best-performing equity market in dollar terms for 2026,…
NGX Surges to Record N155.59tn as Investor Confidence Sparks Historic Market Rally
The Nigerian Exchange (NGX) delivered another landmark performance on Wednesday, with market capitalisation soaring…
NGX Investors Gain N3.45 Trillion as Blue-Chip Stocks Drive Powerful Midweek Rally
The Nigerian stock market delivered a strong performance on Wednesday as investors recorded a massive N3.45…
Nasdaq Futures Climb as Chip Stocks Rally Despite Rising U.S.-Iran Tensions
Wall Street showed signs of resilience on Thursday as Nasdaq futures advanced, driven by strong gains in…
IMF Maintains Nigeria’s 4.1% Growth Forecast for 2026 Amid Global Uncertainty and…
Nigeria’s economic outlook has received a vote of confidence from the International Monetary Fund (IMF), which has…
Nigeria, Ghana deepen bilateral maritime cooperation
Nigeria and Ghana have taken a major step toward strengthening maritime ties after signing a new Memorandum of…
Dangote Refinery Cuts Petrol Price Again as Rising Crude Oil Prices Threaten…
The Dangote Petroleum Refinery has announced another reduction in its ex-depot price of Premium Motor Spirit (PMS),…
Oil Hits $80 as Trump Ends Iran Ceasefire, Raising Fresh Fuel Price Fears…
Global oil markets were thrown into fresh uncertainty on Wednesday after crude prices climbed to $80 per barrel…
S&P Places Nigeria on 2027 Watchlist for Frontier Market Return as Reforms…
Nigeria’s efforts to rebuild investor confidence and strengthen its capital market have received a major boost as…
Dangote Chooses Kenya’s Lamu for $17 Billion Mega Refinery as Engineering Work…
Aliko Dangote, Africa’s richest businessman, has officially chosen Lamu Island on Kenya’s coast as the location for…
NNPC Ends Crude-Backed Loans for Refineries, Pushes Port Harcourt and Warri Plants…
The Nigerian National Petroleum Company Limited (NNPC) has unveiled a major shift in its refinery financing…
CBN Warns Against Rejection of N100 Notes, Confirms Standard and Commemorative…
The Central Bank of Nigeria (CBN) has moved to end growing confusion surrounding the circulation of the N100…
Dangote Cement’s N753.8bn Dividend Set to Boost NGX as Investors Eye Market…
Investors on the Nigerian Exchange (NGX) are set for a major cash windfall as Dangote Cement Plc begins the…
Nigerian Investors Pocket N3.45 Trillion as Stock Market Rally Extends, Boosting…
The Nigerian stock market delivered another impressive performance on Tuesday, adding N3.45 trillion to investors’…
NUPRC Awards 19 Oil Prospecting Licences as Nigeria Secures Fresh Upstream…
Nigeria has taken another major step toward revitalizing its oil and gas industry as the Nigerian Upstream…
IMF Warns Rising Food Prices Could Deepen Poverty in Nigeria Despite Stronger…
The International Monetary Fund (IMF) has retained its forecast that Nigeria's economy will grow by 4.1 percent in…
Airtel Africa Powers NGX Rally as Investors Gain N3.45 Trillion, Market Return…
The Nigerian stock market staged a remarkable comeback on Wednesday, delivering its strongest single-day…
Dangote Refinery Launches Free Petrol Delivery to Abuja, Five States Amid Fuel…
Dangote Petroleum Refinery has taken another significant step in Nigeria’s fuel market by launching free delivery…