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European Markets Rise Amid Mining Deals and Greenland Tensions
European markets opened in positive territory on Friday, with the pan-European Stoxx 600 climbing 0.37% by early…
FG Raises N1.1 Trillion in First 2026 Treasury Bills Auction Amid Strong Investor…
Nigeria’s Debt Management Office (DMO) successfully raised N1.144 trillion at its first Treasury Bills auction of…
Champion Breweries Launches N42 Billion Public Offer to Acquire Bullet Brand
Champion Breweries Plc has officially launched a N42 billion Public Offer of ordinary shares priced at N16 each to…
UBA Surpasses N500bn Capital Milestone Following Successful Rights Issue
The United Bank for Africa (UBA) has officially surpassed the N500 billion capital threshold set by the Central…
Nigeria’s Current Account Set to Hit $18.81 Billion in 2026, Says President Tinubu
President Bola Tinubu has projected that Nigeria’s current account balance will climb to $18.81 billion in 2026, up…
Tinubu Celebrates Nigerian Exchange’s Historic N100 Trillion Market Capitalisation
President Bola Tinubu has praised the Nigerian Exchange Group (NGX) for surpassing the historic N100 trillion…
Selective Buying Boosts Nigerian Stock Market by N137 Billion Amid Key Gains
The Nigerian stock market continued its upward momentum on Tuesday, recording a gain of N137 billion as investors…
OpenAI Acquires Convogo Team to Boost AI Cloud Expertise
OpenAI has kicked off 2026 with another strategic acqui-hire, bringing the team behind executive coaching platform…
Oil Prices Rebound as Venezuela Developments Ease Market Jitters
Global oil prices climbed on Thursday, snapping a two-day losing streak as investors shifted focus to…
UK Investors Drive 65% of Nigeria’s Foreign Capital Inflows in 2025
Nigeria attracted about 65 per cent of its foreign capital inflows from investors in the United Kingdom over the…
CBN Projects Petrol Price at N950/Litre in 2026 Amid FX Stability and Refining…
The Central Bank of Nigeria (CBN) has projected that petrol pump prices will hover around N950 per litre in 2026,…
Dangote Refinery–Marketers Fuel Deal Collapses as Pricing Dispute Triggers Import…
The fuel supply agreement between the Dangote Petroleum Refinery and 20 major petroleum marketers has collapsed…
Naira Outlook 2026: Experts Say Rising FX Inflows Could Drive Stronger Currency…
Economic analysts and Bureau De Change (BDC) operators say Nigeria’s naira is well positioned for stronger gains…
GenCos’ Power Invoices Drop by ₦80.56bn in Q3 2025 as Weak Demand Hits Electricity…
Nigeria’s power generation companies (GenCos) recorded a sharp drop of ₦80.56bn in invoices in the third quarter of…
OPEC Holds Oil Output Steady Despite Geopolitical Crises and Market Turmoil
The Organisation of Petroleum Exporting Countries and its allies, collectively known as OPEC+, has decided to keep…
New Tax Laws Promise Fairer, Growth-Driven Economy — Tegbe
The Chairman of the National Tax Policy Implementation Committee, Joseph Tegbe, has described the Nigerian Tax…
Tax Law Reform Triggers ₦5tn VAT Windfall for States in 2026
Nigeria’s 36 states are set for a major revenue boost in 2026, as a new Value Added Tax (VAT) sharing formula under…
Asia‑Pacific Markets Slide as Trump’s Defense Crackdown and Oil Price Shift Shake…
Asia‑Pacific markets mostly declined on Thursday as investors reacted to renewed geopolitical tensions and policy…
Nigerian Stock Market Gains N409.66bn on Seplat, Boosting Investor Confidence
The Nigerian Stock Market recorded a strong bullish trend yesterday, adding N409.66 billion to market…
Samsung Profit Set to Triple to Record High Amid AI-Driven Chip Boom
Samsung Electronics has projected a staggering three-fold increase in its fourth-quarter operating profit, marking…
Naira Hits Record High of N1,418.26 as EFEMS Reforms Boost Market Confidence
The naira reached a record high of N1,418.26 against the US dollar in the official foreign exchange market on…
Ghana’s Inflation Falls to Four-Year Low as Currency Surges
Ghana’s annual inflation eased to 5.4 percent in December 2025, marking the lowest rate since a consumer price…
European defense stocks extend rally amid geopolitical tensions; Leonardo jumps 4%
European defense stocks extended their rally on Thursday as investors reacted to rising geopolitical…
Oil Prices Fall as Trump Moves to Secure $2bn Venezuelan Crude Supply
Global oil prices slipped on Wednesday as markets reacted to signals of a potential supply surge after US President…
Nigeria Tax Reforms: Why Businesses Must Prioritise Payroll, VAT Compliance
Nigeria’s full implementation of sweeping tax reform laws is ushering in a new compliance era for businesses, with…
Moniepoint Founders Redefine African Fintech as Company Earns TIME100 Recognition
The founders of Moniepoint Inc., Tosin Eniolorunda and Felix Ike, are receiving widespread praise for challenging…
AI Deployment Set for Full-Scale Adoption Across Nigeria’s Key Sectors in 2026 –…
Artificial intelligence (AI) deployment in Nigeria is expected to transition from experimental pilot projects to…
Nigeria Electricity Companies’ Revenues Surge 22% Amid Persistent Blackouts
Nigeria’s electricity distribution companies recorded a surprising 22% jump in revenues, collecting a total of…
Dangote Refinery Denies Shutdown Rumors, Confirms 50 Million Litres Daily Petrol…
The Dangote Petroleum Refinery has refuted recent reports suggesting it is shutting down for maintenance, assuring…
Nigeria Electricity Subsidy Nears N2tn as Power Sector Struggles Persist
Nigeria’s electricity subsidy reached nearly N2 trillion in the 12 months between October 2024 and September 2025,…