Real Time Financial News Website
Nigeria’s oil and gas industry is facing a growing threat that could slow its long-term development—not a shortage of crude oil, but a widening skills gap among industry professionals. The…
Nigeria’s ambitious push to expand its digital infrastructure is facing significant setbacks as stakeholders point to poor coordination, fragmented implementation, and weak execution across government and industry. Despite initiatives like…
Poor and in some cases completely missing infrastructure continues to hold back intra-African trade and slow down regional integration efforts across the continent, according to a new report by the…
President Bola Ahmed Tinubu has carried out a significant but described “minor” cabinet reshuffle, removing Wale Edun from his role as Minister of Finance and Coordinating Minister of the Economy.…
European markets opened on a cautiously positive note Wednesday, as investors reacted to fresh geopolitical developments involving the United States and Iran. The pan-European STOXX Europe 600 edged up by…
Dangote Petroleum Refinery and Petrochemicals has rolled out a strict penalty policy targeting trucks that fail to leave its premises promptly after completing loading operations, in a move aimed at…
Africa’s private sector began 2026 on a stronger note, with most economies showing resilience despite mounting global tensions. According to a BusinessDay analysis of Purchasing Managers’ Index (PMI) data from…
Nigeria is stepping up efforts to secure its fast-growing digital economy as the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have signed a landmark agreement to…
Nigeria’s electricity sector is entering a major structural shift as updated mini-grid regulations broaden the scope of distributed power projects, positioning them as a key pillar of national energy infrastructure.…
The Nigerian Exchange Limited (NGX) has announced an extension of its trading hours, moving operations to a new schedule of 9:00am to 4:00pm, effective Monday, April 27, 2026. The change…
Nigeria’s capital market is gradually gaining stronger credibility as a reliable exit route for institutional investors, according to the Group Managing Director and CEO of the Nigerian Exchange Group, Temi…
Nigeria imported about 61.7 million barrels of crude oil from the United States between January 2024 and January 2026, highlighting a striking contradiction in Africa’s largest oil producer: strong crude…
The Central Bank of Nigeria (CBN) has announced plans to raise N750 billion through its second Treasury Bills auction in April 2026, scheduled for April 22. The issuance is part…
The Dangote Group has announced a major step forward in its upstream expansion, confirming that it has achieved first oil from its oil assets and is preparing to begin commercial…
Flutterwave, one of Africa’s most prominent fintech companies, has firmly denied reports claiming it received a $75 million investment from the Nigerian government under President Bola Tinubu. The company also…
The Nigerian naira slipped further on Monday, trading at N1,349 to the US dollar, compared to N1,342.5 recorded at the close of trading on Friday, according to data from the…
The Nigerian Exchange (NGX) has released its broker performance report for the first quarter of 2026, offering a clear snapshot of the firms driving activity in the country’s equities market.…
Apple Inc. has announced a major leadership change, naming John Ternus as its new chief executive officer. The appointment marks a historic transition for the $4 trillion technology giant as…
The Nigerian stock market extended its bullish run on April 20, 2026, as the All-Share Index (ASI) climbed 0.44% to close at 218,113.84 points, up from 217,167.57 in the previous…
The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have entered a new partnership aimed at strengthening consumer protection and reducing fraud across Nigeria’s rapidly growing digital…
European markets opened on a cautious but positive note on Tuesday, as investors closely tracked developments surrounding the fragile ceasefire between the United States and Iran. The pan-European Stoxx Europe…
Nigeria’s Federal Government is set to invest $75 million in Flutterwave’s planned $250 million initial public offering (IPO), marking a significant step in its push to strengthen the country’s technology…
For the first time in seven years, pension returns in Nigeria are beginning to match inflation, offering a sense of relief to millions of contributors who have watched the value…
Nigeria’s business landscape is set for a pivotal week as several major developments unfold between April 20 and April 24. From tax deadlines in Lagos to urgent aviation sector talks…
Across Africa, diesel prices in April 2026 reveal a sharp divide between countries able to keep fuel affordable and those heavily exposed to global oil market fluctuations. The latest rankings…
Nigeria exported a total of 55.39 million barrels of crude oil in the first two months of 2026, even as its largest private refinery, the Dangote Petroleum Refinery, continues to…
Nigeria’s Federal Government has raised N100 billion from the Unclaimed Funds Trust Account, a pool of dormant private funds now being used as part of public borrowing, according to fresh…
Nigeria is undergoing a major shift in its fiscal strategy as the Federal Government moves away from heavy reliance on import and export duties toward a consumption-based tax system. The…
Nigeria’s inflation is expected to keep rising in the coming months following a sharp increase recorded in March 2026, as analysts warn that both global shocks and domestic economic pressures…
The Nigerian equities market delivered its strongest weekly performance of 2026 in the week ended April 17, as the Nigerian Exchange (NGX) surged 6.57% to close at a historic 217,167.57…