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Nigerian Stock Market Slides Again as Sell-Offs Wipe N69 Billion from Market…
The Nigerian equities market continued its downward trend yesterday, closing in negative territory as widespread…
European Markets Set for Weak Open as Investors Ignore Wall Street Rally
European markets are poised for a muted start on Tuesday, with major indices expected to open flat to slightly…
NNPC Sets June 2026 Deadline to Seal New Refinery Partnerships as Nigeria Targets…
The Nigerian National Petroleum Company Limited (NNPCL) has set June 2026 as the deadline to select technical…
CBN Expected to Cut Interest Rate Again as Inflation Cools — Analysts Predict Up…
As the Central Bank of Nigeria’s Monetary Policy Committee concludes its November meeting today, analysts widely…
Africa’s Solar Potential Underutilized as EU Mobilizes €15.5 Billion for Renewable…
Africa is home to 60% of the world’s best solar resources, yet it receives a mere 2% of global energy investment,…
Lontor Hi-Tech Drives Sustainable Energy Growth with N1.2 Billion Investment
Lontor Hi-Tech Development Company has reinforced its commitment to sustainable energy and smart living with a N1.2…
Nigeria’s Tax Reform Push: How VAT, Free Zones and Capital Gains Changes Aim to…
Nigeria’s push to rebuild fiscal fairness is reshaping how businesses, investors and everyday citizens experience…
EU Launches €30M Cultural Partnership to Empower Nigerian Creatives
The European Union has unveiled a €30 million cultural empowerment initiative aimed at boosting Nigeria’s creative…
LASG to Invest N244.82 Billion Bond Proceeds in Key Sectors for Sustainable Growth
Lagos State Government (LASG) has unveiled plans to strategically deploy the proceeds from its latest bond…
NGX Loses N6.4 Trillion as Investor Anxiety and Geopolitical Tensions Weigh on…
The Nigerian stock market has posted three consecutive weeks of losses, shedding over N6.4 trillion in market…
Investor Demand for T-Bills Weakens as Treasury Falls 23% Short of Target
Investor appetite for T-Bills continued to weaken last week, leading to another undersubscription at the…
Audit Reveals N61 Billion in Payment Breaches at NNPC Ltd
The Office of the Auditor-General for the Federation has uncovered major financial irregularities at the Nigerian…
FTN Cocoa, Unity Bank Shine as Nigerian Stocks Rally Amid Bearish Market – Week…
The Nigerian stock market closed the week ending November 21, 2025, under bearish pressure, shedding 3,290.97…
Nigeria Sees Surge in Petrol Shipments After Government Suspends Import Duty
Nigeria has recorded a significant surge in petrol shipments following the Federal Government’s decision to delay…
Nigeria’s SEC Implements T+2 Settlement Cycle to Boost Capital Market Efficiency
The Securities and Exchange Commission (SEC) has announced that Nigeria’s capital market will transition to a T+2…
Stockbrokers Call for Technology-Driven Reforms to Transform Nigeria’s Capital…
The Chartered Institute of Stockbrokers (CIS) has outlined strategic recommendations aimed at accelerating the…
Startups and SMEs Urged to Embrace Debt Market Financing for Sustainable Growth
Nigerian startups and small-to-medium enterprises (SMEs) are being encouraged to rethink traditional fundraising…
Naira Weakens to ₦1,456.72/$ Amid Rising FX Demand Despite Growing Reserves
The naira closed the week on a weaker note as pressure in the foreign exchange market pushed the currency down to…
Nigeria EV Adoption Divides Experts as Senate Advances Green Mobility Bill
Nigeria’s journey toward electric vehicles (EVs) has taken a major legislative step with the Senate’s advancement…
Lagos to Channel N244.82bn Bond Proceeds into Critical Infrastructure Development
Lagos State has announced plans to invest N244.82 billion raised from its latest bond issuance into critical…
Lagos and LCCI Call for Investment in Community-Owned Mini-Grids to Boost Power…
The Lagos State Government and the Lagos Chamber of Commerce and Industry (LCCI) are pushing for greater investment…
Asia Tech Stocks Plunge Following Wall Street AI Selloff Amid Fading Rate-Cut…
Asia-Pacific markets suffered significant losses on Friday as Wall Street’s earlier AI-related rally reversed…
Nigerian Equities Market Slides as Capitalisation Drops by N292 Billion
The Nigerian equities market extended its losing streak yesterday, with market capitalisation dropping sharply by…
VFD Group Redeems N12.8bn Commercial Paper, Strengthening Liquidity and Investor…
Investment powerhouse VFD Group has successfully redeemed its N12.83 billion Series 5 Commercial Paper (CP) under…
Strong Disinflation and Lower Interest Rates Set Stage for Ghana’s 2026 Economic…
Ghana is poised for a significant economic rebound in 2026, thanks to strong disinflation trends and declining…
Afreximbank 9M’25 Financial Scorecard Highlights Strong Liquidity and Resilient…
African Export-Import Bank (Afreximbank) and its subsidiaries have released a robust financial performance report…
FG Oil Revenue Drops by N345 Billion in September Amid Production Shortfalls
Nigeria’s federal government recorded a significant drop in oil revenue in September 2025, with collections from…
Dangote Group Strengthens SME Support at Kano International Trade Fair 2025
The Dangote Group is set to make a significant impact at the Kano International Trade Fair, running from November…
CBN Reforms Stabilise Naira and Lower Lending Rates Amid Inflation Moderation
The Central Bank of Nigeria (CBN) has reported that its ongoing monetary policy tightening and structural reforms…
Lagos Raises N244.82bn in Oversubscribed Green and Conventional Bonds to Fund…
Lagos State has successfully raised N244.82 billion through a combination of green and conventional bonds,…