Real Time Financial News Website
Nigeria’s agriculture sector is set for a major boost following the World Bank’s approval of a $500 million credit facility aimed at improving productivity, strengthening value chains, and enhancing food…
Nigeria’s currency, the naira, started April 2026 on a positive note, posting gains across key foreign exchange markets as improved liquidity—driven largely by recent remittance reforms—helped support the local unit.…
Oil prices jumped sharply on Wednesday, with global benchmark Brent crude rising more than 6%, after U.S. President Donald Trump signaled a possible escalation in the ongoing conflict with Iran.…
The Nigerian Exchange Limited (NGX) has taken a major step toward safeguarding the financial future of young Nigerians by hosting an educational session on investor protection and market integrity. The…
The Nigerian stock market achieved an unprecedented milestone in the first quarter of 2026, recording a staggering N29.8 trillion gain. This remarkable growth marked the largest quarterly increase in the…
UAC of Nigeria Plc has posted a remarkable N340.5 billion in revenue for the year ended 31 December 2025, marking a 73% surge from 2024 levels. The conglomerate attributes this…
The Nigerian stock market snapped its recent losing streak on Tuesday as the benchmark All-Share Index (ASI) rose 0.40 per cent, closing at 201,287.78 points. This rebound pushed the year-to-date…
The African Export-Import Bank (Afreximbank) has underwritten $2.5 billion of a $4 billion senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals, aiming to strengthen the refinery’s financial footing…
German companies are ramping up their interest in Nigeria’s burgeoning food sector, projected to reach €222 billion by 2026. Both nations are exploring stronger cooperation to improve food security, drive…
The Nigerian National Petroleum Company Limited (NNPC) will increase crude oil allocations to the Dangote Refinery starting May, industry sources confirmed. The refinery, which previously received five cargoes per month,…
Salesforce is taking its commitment to artificial intelligence to the next level, announcing a major AI-focused update for Slack at a San Francisco event on Tuesday. CEO Marc Benioff and…
Ghana’s investment landscape faces a major hurdle due to high capital requirements, making the country less competitive in West Africa, the Ghana Investment Promotion Centre (GIPC) has revealed. According to…
The Nigerian National Petroleum Company Limited (NNPC) has announced an increase in crude oil allocations to the Dangote Petroleum Refinery, raising the supply to seven cargoes for May. This marks…
The Nigerian naira weakened slightly to N1,387 per dollar on Tuesday, up from N1,386.75/$ recorded in the previous session, according to data released by the Central Bank of Nigeria (CBN).…
Crude oil prices swung wildly around the $100 mark on Wednesday as investors reacted to U.S. President Donald Trump’s comments on a potential exit from the Iran conflict. U.S. West…
Nigerian crude oil marked its strongest monthly performance in March, climbing nearly 58% and approaching $120 per barrel at the start of the month. Bonny Light, Nigeria’s flagship light, sweet…
Nigeria’s stock market has delivered a historic performance in the first quarter of 2026, with investors recording a massive N29.83 trillion gain—the largest Q1 growth ever seen on the Nigerian…
European energy markets are under pressure as supply disruptions from Qatar force countries like Belgium, Italy, and Poland to urgently seek alternative sources of liquefied natural gas (LNG). Nigeria, home…
Investors on the Nigerian Exchange Limited (NGX) enjoyed a remarkable start to 2026, recording unprecedented gains of N29 trillion in the first quarter. The market’s surge reflects sustained buying interest…
The Nigerian stock market opened the new week on a negative note, with profit-taking activities in Lafarge Africa Plc and 33 other stocks pulling overall market capitalization down by N275.15…
Senegal has successfully raised 304.15 billion CFA francs ($537.6 million) in its first public bond sale of 2026, securing interest rates as low as 6.40%, the Finance Ministry announced on…
No fewer than 9.2 million Nigerians have benefited from the Federal Government’s Household Prosperity and Empowerment Cash Transfer (HoPE-CT) Programme, with about N688 billion disbursed over the past two years.…
Nigeria’s Finance Minister and Coordinating Minister of the Economy, Wale Edun, has emphasised the urgent need to mobilise domestic capital to stimulate production, accelerate economic growth, and lift millions of…
For decades, Nigeria’s oil sector has been the backbone of the nation’s economy, funding government budgets and providing much of its foreign exchange. Yet today, the industry is at a…
The African Development Bank (AfDB) has cautioned that the ongoing conflict in the Middle East could significantly affect Africa’s economic growth, potentially reducing it by up to 1.5% if the…
Nigeria is ramping up its natural gas production as part of an ambitious strategy to position the resource at the core of its energy transition. According to the Coordinating Director…
Nigeria’s imports of solar panels from Asia have surged, with the fourth quarter alone recording a total of N100.83 billion, according to reports by The PUNCH. This steady influx underscores…
Nigeria has the potential to increase its oil production by about 100,000 barrels per day in the next few months, the Group Chief Executive Officer of the Nigerian National Petroleum…
The National Information Technology Development Agency (NITDA) has highlighted the immense growth potential of Nigeria’s creative economy, projecting that it could surpass $13 billion in the coming years. Speaking at…
European markets are heading toward their worst monthly performance since early 2020, with March trading marred by uncertainty over the ongoing conflict in Iran. The pan-European Stoxx 600, after briefly…