Browsing Category
Business
FG Pushes African Cross-Border Payment Card to Boost Trade and Reduce Dollar…
The Federal Government has unveiled plans to champion the creation of an African cross-border payment card that…
Nigerian Equities Market Suffers Record N3.64 Trillion Loss as Cement Giants…
Nigeria’s stock market suffered its most severe one-day setback of 2026 on Wednesday as a wave of profit-taking in…
ACCI Warns FG Against Tax Policies That Could Hurt Businesses as Nigeria Pursues…
As Nigeria intensifies efforts to build a $1 trillion economy, the Abuja Chamber of Commerce and Industry (ACCI)…
Oil Prices Crash but Nigerians Still Pay Over N1,000 Per Litre for Petrol
Despite a significant drop in global crude oil prices, Nigerians are yet to feel the impact at filling stations as…
OMO Maturities Inject N3.39tn Liquidity into Nigeria’s Banking System, Drive…
The Nigerian financial system is set for a major liquidity boost this week, with an estimated N3.39 trillion…
Stock Futures Mixed as Investors Await Micron Earnings, Tech Stocks Stage Recovery
After a turbulent session that rattled technology stocks across Wall Street, U.S. stock futures traded mixed on…
MAN Seeks N1 Trillion Stabilisation Fund as Manufacturing Credit Plunges by 22.5%
Nigeria's manufacturing sector is facing mounting financial pressure after commercial bank credit to the industry…
Tinubu Urges Africa to End Raw Mineral Exports, Pushes for Value Addition and…
President Bola Tinubu has called on African countries to unite in ending the long-standing exploitation of the…
IGU Calls for Regional Gas Market Integration to Unlock West Africa’s Energy…
The International Gas Union (IGU) has called on West African countries to deepen regional cooperation and…
Trump Orders Probe Into Alleged Petrol Price Gouging by Major Oil Companies
President Donald Trump has directed the US Department of Justice to investigate major oil companies over…
NUPRC Pushes Drone Surveillance to Protect Nigeria’s Oil and Gas Assets
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has intensified efforts to strengthen the security of…
Meta Prediction Market App: Zuckerberg Pushes New ‘Arena’ Platform to Challenge…
Mark Zuckerberg is reportedly setting his sights on the rapidly growing prediction market industry, with plans for…
NGX Rally Continues as Investors Gain N1.64tn, Airtel Africa and Banking Stocks…
The Nigerian Exchange (NGX) sustained its bullish momentum on Tuesday, with investors recording significant gains…
Oil Prices Slide as Record 19 Million Barrels Pass Through Hormuz Strait
Global oil prices declined on Tuesday after a record 19 million barrels of crude oil moved through the Strait of…
Nigeria Inflation Outlook Brightens as Analysts Predict Gradual Decline from July
Nigeria's inflation outlook is showing signs of improvement as financial analysts project a gradual easing of price…
Cash Outside Banks Climbs to N5.19 Trillion Despite CBN’s Aggressive Digital…
Nigeria’s transition to a cashless economy continues to face significant hurdles as cash held outside the banking…
Airlines Seek Direct Meeting with Tinubu Over Rising Taxes and Charges Threatening…
Domestic airline operators in Nigeria are pushing for a direct audience with President Bola Tinubu as concerns grow…
Naira Falls to Four-Week Low as Stronger U.S. Dollar Puts Pressure on Nigeria’s…
The Nigerian naira slipped to N1,373 against the U.S. dollar at the official foreign exchange market on June 23,…
Dangote Refinery Denies Fuel Re-Import Claims Through Lomé Hub
Dangote Petroleum Refinery has strongly denied reports suggesting that petroleum products exported from its…
Airtel Africa, Banking Giants Power NGX Rally as Investors Gain N1.64 Trillion in…
The Nigerian stock market continued its impressive rebound on Tuesday as investors gained N1.64 trillion in market…
SEC Warns Investors as Fake Dangote Refinery IPO Promotions Spread Online
The Securities and Exchange Commission (SEC) has issued a strong warning against the growing wave of advertisements…
Fitch warns Nigeria against $5bn Abu Dhabi loan, says financing method poses risks
Nigeria’s proposed $5 billion financing arrangement with First Abu Dhabi Bank has come under fresh scrutiny after…
Elon Musk Loses $350 Billion in Historic Wealth Drop as SpaceX Shares Tumble
Elon Musk has recorded the largest personal wealth loss in history after a sharp decline in SpaceX's stock price…
Lithium Demand Set to Surge 353% by 2040 as Nigeria Attracts Global Scramble for…
Global demand for lithium is expected to skyrocket by 353 per cent by 2040, according to projections from the…
Nigeria Capital Inflows Hit $21bn as FG Targets Bigger Trade and Investment Gains…
The Federal Government, through the Federal Ministry of Industry, Trade and Investment, has unveiled an ambitious…
Petrol Prices Stay High in Nigeria Despite Falling Crude Oil Prices Amid Global…
Petrol prices have remained stubbornly high across Nigeria, even as global crude oil prices decline toward levels…
Oil Production Recovery in Nigeria Linked to Improved Oil Asset Protection in…
Nigeria’s oil industry is showing signs of recovery, with growing evidence that improved protection of oil…
SpaceX Shares Drop Over 4% as Post-IPO Rally Fades After Record-Breaking Debut
SpaceX shares slipped more than 4% in premarket trading on Monday, extending a recent decline that has…
Major Tech Layoffs in 2026: How AI Is Reshaping Jobs Across Global Tech Companies
The tech industry in 2026 is experiencing one of its most dramatic workforce shake-ups in recent history, with…
Nigerians Hold N5.19 Trillion Cash Outside Banks as Cash Usage Defies Digital…
Nigeria’s push toward a cashless economy continues to face strong resistance, as new data shows that Nigerians are…