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Nigeria’s Oilserv secures deal to develop two oil and gas blocks in Gabon
Nigeria’s energy infrastructure company Oilserv has signed an agreement with the Gabonese Government to…
Dangote Refinery Sourced 60% of Crude Locally as Nigerian Feedstock Hits 116m…
The Dangote Petroleum Refinery sourced about 60 per cent of its crude feedstock from Nigeria in the 12 months ended…
Nigeria’s Foreign Reserves Rise $12.76bn in One Year to $54.61bn
Nigeria’s gross foreign exchange reserves have climbed by $12.76 billion in one year, reaching $54.61 billion as of…
Dangote Applauds NGX Leadership as Capital Market Transformation Gains Momentum
Aliko Dangote, President and Chief Executive Officer of Dangote Industries Limited, has commended the leadership of…
9 Companies Dominate NGX, Control 68% of N157.7trn Market Capitalisation
Nigeria’s equity market is becoming increasingly concentrated in a handful of major companies, with nine firms…
NGX investors gain N1.1trn in three days as stocks rally despite Dangote IPO…
The Nigerian Exchange (NGX) recorded a N1.1 trillion increase in market capitalisation over three trading sessions,…
Nigerian Equities Extend Winning Streak to Five Sessions, Market Cap Gains N316bn
The Nigerian equities market extended its bullish run to a fifth consecutive trading session on Wednesday, as…
Nigeria Raises N748.6bn From FGN Bonds as Borrowing Rates Ease
Nigeria’s Federal Government has raised N748.64bn through its September 2026 FGN bond auction, as investors showed…
FG Begins Six-Week Review of Nigeria’s New Tax Laws Amid Business Concerns
The Federal Government has commenced a six-week review of Nigeria’s new tax laws following concerns from businesses…
Dangote Refinery Defends $49bn Valuation as Global Rivals Face Mounting Pressure
The Dangote Petroleum Refinery is defending its proposed valuation of nearly $49 billion, arguing that its…
Seplat Energy Shares Hit Record N14,907 as Oil Market Disruptions Drive Investor…
Seplat Energy shares hit a fresh record on the Nigerian Exchange Limited (NGX), climbing to N14,907.80 as renewed…
NGX Market Cap Rises to N159.9tn as Trading Volume Surges to 1.1bn Shares
The Nigerian Exchange (NGX) extended its bullish run on Thursday, September 17, 2026, as investors added about…
World Bank Mobilises Record $112bn Private Capital for Developing Economies
The World Bank Group has mobilised a record $112 billion in private capital for developing economies in its 2026…
Nigeria’s Portfolio Inflows Rise 14.4% to $6.03 Billion in Q1 2026
Nigeria recorded a sharp increase in portfolio investment inflows in the first quarter of 2026, with foreign…
UK Inflation Rises to 3.1% as Petrol and Diesel Prices Surge
The United Kingdom’s inflation rate climbed to 3.1 percent in August 2026, up from 2.9 percent in July, as rising…
Meta Launches AI Subscription Plans as Tech Giant Expands Push to Monetise…
Meta has launched Meta One, a new subscription service that gives users expanded access to artificial intelligence…
All On Invests $5m in PowerGen to Expand Mini-Grids, Reach 41,000 Nigerians
Renewable energy investment firm All On has committed $5 million to PowerGen Renewable Energy Nigeria Limited to…
Fuel Price Warning: Oil Shock Could Push Brent to $120, Raise Costs for Nigerians
Nigeria is facing a fresh fuel price warning as disruptions to global oil supplies threaten to push Brent crude…
Economists Question CBN’s 45% CRR as Nigeria’s Reserves Hit 18-Year High
Economists have renewed calls for the Central Bank of Nigeria (CBN) to reconsider its 45 per cent Cash Reserve…
PenCom Extends Pension Verification Deadline to December as 118,901 Federal…
The National Pension Commission (PenCom) has extended the deadline for the mandatory verification and enrolment of…
US Stock Futures Edge Higher as Investors Await Crucial Fed Rate Decision
U.S. stock futures moved modestly higher on Wednesday as investors turned their attention to the Federal Reserve’s…
Nigeria’s Energy Inflation Rises to 4.69% in August as Fuel and Power Costs Remain…
Nigeria’s energy inflation rose to 4.69% in August 2026, reversing the decline recorded in July and highlighting…
Meta Lets AI Agents Handle WhatsApp Business Setup, Messaging and Troubleshooting
Meta is making it easier for businesses to set up and manage WhatsApp Business with the help of artificial…
Nigerian Banks Gain 68% but Still Trade at Discount to African Peers
Nigerian banking stocks have delivered a strong run in 2026, with the NGX Banking Index rising 67.96% year-to-date…
Financial, Oil Stocks Lift NGX Market Capitalisation to N158.4tn
The Nigerian Exchange (NGX) closed Tuesday’s trading session on a strong note as renewed buying interest in major…
Nigeria, Spain Move to Deepen Trade and Investment as Ambassador Calls for…
Nigeria and Spain are looking to strengthen their economic relationship, with Nigeria’s Ambassador to Spain, Okezie…
AI Threat to Humanity Sparks Fresh Debate as Trump Dismisses Fears
Concerns over the AI threat to humanity have intensified as former Google DeepMind researcher Bilal Chughtai warned…
Naira Holds Near ₦1,329/$ for Four Straight Sessions as FX Market Stability…
The naira has maintained a remarkably narrow trading range against the US dollar, closing around ₦1,329/$ for four…
Dangote: Petrol Smuggling Keeps Nigeria’s Fuel Prices High
Nigeria’s high petrol prices are being linked to continued cross-border smuggling, with Dangote Group President…
Nigeria’s Inflation Eases to 15.39% in August as Food Prices Slow
Nigeria’s headline inflation rate eased slightly to 15.39% in August 2026, down from 15.43% in July, as the pace of…