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Dangote Refinery Slashes Fuel Prices Again as Nigerians Brace for More Relief at…
Dangote Petroleum Refinery has announced another reduction in the price of Premium Motor Spirit (PMS), offering…
Dangote Cement Raises Dividend by 50% as Shareholders Receive Record N753.8…
Dangote Cement Plc has rewarded its shareholders with a historic dividend payout after announcing a 50 per cent…
NGX Extends Losing Streak as Investors Lose N877.9 Billion Amid Heavy Sell-Off in…
The Nigerian Exchange (NGX) recorded another difficult trading session on Thursday as investors lost an estimated…
AI partnership to help firms automate compliance
Dun & Bradstreet has entered a strategic partnership with artificial intelligence company Anthropic to enhance…
Arahas Global Appoints Folake Soetan to Drive Oilfield Services Transformation…
Arahas Global Oilfield Services has appointed renowned energy executive Folake Soetan as its new Managing Director,…
NNPC Revenue Drops by N636bn Despite Stable Oil Production as Profit Declines in…
Nigeria's national oil company, the Nigerian National Petroleum Company Limited (NNPC), recorded a significant…
7 NGX-Listed Companies Set to Pay Dividends in July 2026 as Investors Eye Strong…
Despite recent volatility on the Nigerian Exchange (NGX), investors have something positive to look forward to in…
Naira Falls 1.1% in June Despite Strong FX Liquidity as Market Confidence Grows
Nigeria’s currency market showed signs of growing resilience in June 2026 as the naira recorded only a marginal…
Nigerian Stock Market Loses N2.39tn as Investors Dump Major Stocks in July Opening…
The Nigerian stock market began the month of July on a weak footing, wiping out N2.39 trillion in investor wealth…
Tinubu Backs Digital Trade Revolution to Unlock Africa’s $3.4 Trillion Market
President Bola Tinubu has reaffirmed Nigeria’s commitment to driving Africa’s digital trade revolution, saying his…
U.S. Stock Futures Remain Volatile Ahead of Key Jobs Report as Investors Assess…
U.S. stock futures traded cautiously on Thursday as investors awaited the release of a crucial employment report…
CBN Revokes Licences of 46 Microfinance Banks Over Regulatory Violations
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks across the country,…
Afreximbank Invests 80% of Resources in Africa to Drive Infrastructure and…
The African Export-Import Bank (Afreximbank) has revealed that about 80 per cent of its balance sheet is currently…
CBN Caps Suspension of Payment Obligations for Troubled Banks at Two Business Days
The Central Bank of Nigeria (CBN) has introduced a major regulatory update that limits the suspension of payment…
IMF Flags Missing Public Spending in Nigeria’s Budget, Says 2% of GDP Went…
The International Monetary Fund (IMF) has raised concerns over Nigeria’s fiscal reporting, revealing that public…
Nigeria’s Consumer Credit Drops to N3.03 Trillion as Retail Loans Crash 42%
Nigeria’s consumer credit market suffered a major setback in February 2026, with total outstanding consumer loans…
Nigeria Leads Africa in IMD Economic Performance Ranking Despite Competitiveness…
Nigeria has been ranked as the highest-performing economy in Africa on the economic performance pillar of the…
NGX Rebounds as Airtel Africa Drives N652.8bn Market Gain Amid Persistent Selling…
Nigeria’s stock market ended June on a positive note as renewed investor interest in Airtel Africa and other…
US Stock Futures Slip as Investors Pause After Dow’s Strongest First Half in Five…
Wall Street looked set for a cautious start to July as U.S. stock futures slipped on Wednesday, following an…
World Bank Approves $1.25bn Nigeria Loan Amid Growing Debt Concerns and Economic…
The World Bank has approved a fresh $1.25 billion loan for Nigeria under its Nigeria Actions for Investment and…
Nigeria’s $1.5bn Abu Dhabi Drawdown to Cut Borrowing Costs, Says Oyedele
Nigeria’s decision to access only $1.5 billion from its $5 billion financing arrangement with First Abu Dhabi Bank…
Cash Outside Banks Hits One-Year High of N5.19 Trillion, Accounts for 91.3% of…
Nigeria’s reliance on cash remains remarkably strong, as new data from the Central Bank of Nigeria (CBN) shows that…
Dangote Targets 2.1 Million BPD Refining Capacity as Congo Energy Partnership…
Africa’s industrialisation drive received a major boost as the Dangote Group unveiled plans to increase its total…
Elon Musk Reclaims Trillionaire Status as SpaceX and Tesla Shares Soar
Elon Musk has once again crossed the trillion-dollar wealth mark after a strong rally in the shares of SpaceX and…
Naira Ends June at N1,376/$ as Forex Market Weathers Volatility and Maintains…
The Nigerian naira closed June 2026 at N1,376 against the United States dollar in the official foreign exchange…
Dangote Refinery Turns to UAE Crude as Nigeria’s Supply Crisis Deepens
Nigeria’s ongoing crude oil supply challenges have come under fresh scrutiny following Dangote Petroleum Refinery’s…
Nigeria Eyes Return to Global Debt Market with First Eurobond Sale Since November
Nigeria is taking significant steps toward re-entering the international debt market as the Debt Management Office…
Nigeria Tops African Peers in IMD Economic Performance Ranking Despite…
Nigeria has emerged as the highest-performing African economy in the International Institute for Management…
World Bank to End China Lending by 2031 as Partnership Enters New Phase
The World Bank has announced plans to phase out lending to China by 2031, signaling a significant change in its…
Nigeria Stock Market Records Historic N13.3 Trillion Loss in June as Investor…
Nigeria’s stock market experienced its worst month on record in June 2026, with investors losing a staggering…