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Oil Price Drops to $83 as US–Iran Peace Deal Sparks Global Market Shift
Crude oil prices slid sharply on Monday, falling to around $83 per barrel after the United States and Iran signed a…
Nigeria Gas Production Hits 7.93bcf/d in May 2026 as Output Strengthens
Nigeria’s natural gas sector recorded a modest but steady growth in May 2026, with average daily production rising…
Nigeria’s Fuel Import Bill Crashes 96% to N87bn in Q1 2026
Nigeria's expenditure on fuel imports dropped sharply in the first quarter of 2026, signaling a significant shift…
United Capital Acquires 5% Stake in NGX Group, Signals Strong Confidence in…
United Capital Group has strengthened its foothold in Nigeria’s financial sector after acquiring a 5 percent equity…
Nigeria Inflation Rate Climbs to 15.93% in May as Rising Prices Continue to…
Nigeria's inflation rate rose to 15.93% in May 2026, highlighting the continued pressure of rising prices on…
Nigeria’s Corporate Giants Reap Reform Windfall as Cash Flows Surge 247% in Three…
Three years after President Bola Tinubu introduced sweeping economic reforms, Nigeria’s largest listed companies…
Nigeria Overtakes Morocco as Africa’s Second-Largest Stock Market Amid Record…
Nigeria has climbed to become Africa’s second-largest stock market, overtaking Morocco after a remarkable rally…
Nuclear Energy Comeback Gains Momentum as Nations Turn to “All-of-the-Above” Power…
A global shift in energy strategy is underway as nuclear power stages a strong comeback, driven by rising concerns…
CBN Liquidity Tightening Sparks Rush into Short-Term Debt as Investors Chase High…
Nigeria’s financial markets are undergoing a sharp recalibration as the Central Bank of Nigeria intensifies its…
U.S. Stock Futures Jump After Iran Peace Deal as Global Markets Rally on Trump…
Global financial markets opened the week on a strong note as U.S. stock futures surged after President Donald Trump…
Nigerian Fixed-Income Market Surges to N1.06tn as Investors Rush Into Treasury…
Nigeria’s fixed-income market witnessed a dramatic surge in trading activity as total daily turnover climbed past…
AI IPO Boom: SpaceX Leads Trillion-Dollar Wave as OpenAI and Anthropic Race Toward…
The global tech and financial markets are entering a new phase of disruption as artificial intelligence companies…
Naira Slips Again as FX Liquidity Tightens, Loses N5.08 in a Week
The naira came under renewed pressure this week as weaker dollar supply in the foreign exchange market triggered…
SoftBank Surges 10%+ as Iran–U.S. Peace Deal Sparks Asia Tech Stock Rally
Asian technology stocks soared on Monday as investors reacted positively to reports of a peace agreement between…
Tinubu @ 3: Nigeria’s Stock Market Surges N130 Trillion Amid Economic Hardship and…
Nigeria’s stock market has delivered one of its most dramatic wealth surges in recent history, rising from about…
US–Iran Peace Deal Could Crash Petrol Price to N900 as Global Oil Market Slumps
The price of petrol in Nigeria may soon see a major relief, with industry operators suggesting that Premium Motor…
Dangote Refinery Slashes West Africa Fuel Imports as Regional Energy Trade…
West Africa’s fuel supply chain is undergoing a major shift as the ramp-up of the Dangote Petroleum Refinery…
Crude Oil Prices Fall After US–Iran Peace Deal Reopens Strait of Hormuz | Global…
Global oil prices fell sharply on Monday while stock markets surged after the United States and Iran announced a…
SpaceX Stock Surges 6% in Premarket After Record-Breaking IPO Debut
SpaceX shares continued their strong momentum on Monday, rising about 6% in premarket trading following last week’s…
Nigeria Company Income Tax Falls to N1.37 Trillion in Q1 2026 as Collections…
Nigeria’s Company Income Tax (CIT) collections recorded a notable decline in the first quarter of 2026, as new data…
NGX and Abu Dhabi Exchange Partner to Unlock Middle East Investment Flow into…
The Nigerian Exchange Group (NGX) and the Abu Dhabi Securities Exchange (ADX) are deepening talks on a…
NGX Market Rally Adds N1.4 Trillion as Nigerian Stocks Push Capitalisation Above…
Nigeria’s equities market ended the week on a strong bullish note as investors collectively gained about N1.4…
US-Iran Peace Deal Sends Oil Prices Tumbling as Global Markets React to Surprise…
A major geopolitical shock has rippled through global markets after reports that the United States and Iran have…
Nigeria VAT Surges to N2.42 Trillion in Q1 2026 as Economy Strengthens Non-Oil…
Nigeria’s economy recorded a strong boost in non-oil revenue as Value Added Tax (VAT) collections climbed to N2.42…
IMF Urges Nigeria to Tax Fuel and Telecom Services to Boost Revenue
Nigeria may soon face renewed debates over taxation after the International Monetary Fund (IMF) recommended the…
Nigeria’s Banking Profit Boom Fades as Earnings Drop, While African Rivals Surge…
Nigeria's banking sector, once celebrated as one of Africa's strongest profit engines, is entering a new phase…
NGX Gains 0.6% Weekly Despite Midweek Dip as Airtel, MTN, and First HoldCo Drive…
The Nigerian equities market closed the shortened trading week on a positive note, with the Nigerian Exchange (NGX)…
Nigeria VAT Collections Hit N2.42 Trillion in Q1 2026 as Tax Revenue Surges 17%
Nigeria’s Value Added Tax (VAT) revenue has recorded a strong start to 2026, rising to N2.42…
N279bn petrol cargoes arrive amid Dangote-NNPC legal battle
Six fuel-laden vessels valued at approximately N279 billion have begun arriving at Nigerian ports, intensifying…
Oil Prices Tumble as Trump Signals Iran Peace Deal, Easing War Fears in Global…
Global oil prices fell on Thursday after U.S. President Donald Trump signaled a possible breakthrough in tensions…