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Global Stock Markets Mixed as Investors Weigh U.S.–Iran Peace Deal Stability Amid…
Global stock markets delivered a mixed performance on Friday as investors continued to assess the strength and…
OPEC Quota: Nigeria’s Rising Oil Output Driven by Stronger Pipeline Security on…
Nigeria’s crude oil production has surged beyond its OPEC quota, with stakeholders attributing the improvement to…
India Holds Back on Middle East Oil Purchases Despite Strait of Hormuz Reopening
India is showing little urgency to return to large-scale crude purchases from the Middle East, even after the…
Oil Prices Mixed as U.S.-Iran Talks Collapse and Strait of Hormuz Tensions Keep…
Oil prices ended the trading session on a mixed note on Friday as renewed uncertainty over U.S.-Iran diplomatic…
NGX Introduces New Share Price Movement Rules, Sets Volume Thresholds to Reshape…
The Nigerian Exchange (NGX) has rolled out a major reform to its trading structure, introducing new rules that…
Naira Gains as British Pound Falls to N1,825/£ Amid UK Political Uncertainty
The Nigerian naira recorded a notable gain against the British pound, trading around N1,825/£1, as uncertainty in…
Nigeria Eurobonds and Foreign Financing Strategy Evolves
Nigeria is increasingly rethinking its external borrowing strategy, even as it continues to enjoy strong…
Nigerian Marketers Import Dangote Fuel via Lomé Hub as Trade Flows Shift Across…
Nigerian fuel marketers are increasingly sourcing refined petroleum products originally produced by Dangote…
Fraud Losses Hit N134.48bn in Nigeria as CBN Flags Surge in Digital Banking Scams…
Banks and their customers in Nigeria lost a staggering N134.48bn to fraud between 2020 and 2025, according to new…
Nigeria Can Produce 1.9m Barrels Daily, Says NUPRC as Oil Prices Hit $77
Nigeria’s crude oil industry is showing renewed strength as the Nigerian Upstream Petroleum Regulatory Commission…
Femi Otedola Raises First HoldCo Stake to 20% with N29.6bn Share Purchase
Billionaire businessman and Chairman of First HoldCo, Femi Otedola, has deepened his investment in the financial…
FG Unveils Guidelines for Tax Acts 2025 Implementation, Clarifies Transition to…
The Federal Government has released comprehensive guidelines to facilitate the implementation of the Tax Acts 2025,…
Tinubu Appoints Ex-KPMG Africa Chairman Kunle Elebute as FRCN Board Chairman
President Bola Ahmed Tinubu has appointed renowned financial expert and former KPMG Africa Chairman, Kunle Elebute,…
Petrol Imports Surge 59.5% in May as Nigeria Balances Local Refining Growth and…
Nigeria’s petrol imports recorded a surprising rebound in May 2026, climbing by 59.5% compared to April despite…
Stock Futures Rebound After Fed Shock Sell-Off as Intel Surges on Apple Chip Deal…
U.S. stock futures moved higher on Thursday as Wall Street attempted to recover from a sharp sell-off triggered by…
Afreximbank Urges Nigeria, Others to Boost Intra-African Trade to Shield Economy…
The African Export-Import Bank (Afreximbank) has called on Nigeria and other African countries to urgently deepen…
Nigeria’s Oil Boom Pushes Current Account Surplus to $4.98bn in Q1 2026
In a major boost to Nigeria’s external position, the country recorded a current account surplus of $4.98bn in the…
Oil Prices Crash by Over $7 Per Barrel as Brent Drops Below $80 Amid Global Easing…
Global oil markets experienced a sharp downturn this week as crude prices fell by more than $7 per barrel, marking…
Nigerian Stocks Pull Back After 55% Rally as NGX Enters Healthy Consolidation…
After a powerful run that saw Nigerian equities surge more than 55% in just six months, the market has…
DMO Raises N1.49 Trillion in Treasury Bills Auction as Investors Flood Market Amid…
Nigeria’s financial market recorded a major boost as the Debt Management Office (DMO) successfully raised N1.49…
33% Interest Rate Crisis Threatens Nigeria’s $1tr Economy Ambition, Telcos Warn
Nigeria’s telecommunications industry is under severe financial pressure as operators warn that Nigeria’s 33 per…
Agro-Allied Stocks Deliver 1,656% Rally as Presco, Okomu, FTN Cocoa Drive NGX…
Three agro-processing stocks listed on the Nigerian Exchange (NGX) have turned into some of the market’s biggest…
Foreign Investors Pour $3.3bn into Nigerian Bonds Amid Rising Yields and Strong…
Foreign investors injected $3.23bn into Nigerian bonds in the first quarter of 2026, underscoring growing…
Nigeria Rules Out New Taxes on Fuel and Telecom Services Amid IMF Report Backlash
The Federal Government has firmly dismissed reports suggesting that new taxes could soon be introduced on…
Dangote Refinery Slashes Diesel and Jet Fuel Prices as Falling Crude Oil Costs…
The Dangote Petroleum Refinery has announced another round of fuel price reductions, cutting the gantry prices of…
Naira Falls to N1,361.5/$ as FX Market Turnover Plunges 57% Despite Rising…
The Nigerian naira weakened slightly against the US dollar on Wednesday, closing at N1,361.5/$ in the Nigerian…
CBN HoldCo Rules: How a Chapel Hill White Paper May Have Inspired Nigeria’s…
The Central Bank of Nigeria’s proposed Financial Holding Company (HoldCo) regulations have triggered intense debate…
Dangote’s $7bn Fertiliser Expansion Gets AFC Backing to Build Global Production…
Africa’s richest man, Aliko Dangote, has secured strong financial backing from the Africa Finance Corporation (AFC)…
FG Rules Out New Fuel and Telecom Taxes Amid IMF Recommendations Debate
The Federal Government has moved to calm public concerns by ruling out any immediate plans to introduce new taxes…
NGX Chairman Courts Middle East Investors Ahead of Dangote Refinery IPO in…
The Group Chairman of the Nigerian Exchange Group (NGX Group), Umaru Kwairanga, is intensifying efforts to attract…