Real Time Financial News Website
Nigeria’s consumer protection watchdog, the Federal Competition and Consumer Protection Commission (FCCPC), has raised fresh concerns over the continued high cost of petrol across the country despite a significant drop…
Nigeria’s stock market has shed more than N11 trillion from its recent peak, sparking fresh debate among investors over whether the ongoing downturn presents a buying opportunity or signals deeper…
Stock futures fell sharply on Friday as investors continued to retreat from technology stocks, extending a global market sell-off fueled by concerns over the soaring costs of artificial intelligence infrastructure.…
Apex African Gas Nigeria Limited has taken a major step in strengthening Nigeria’s industrial gas sector with the commissioning of a new 70-ton-per-day Air Separation Unit plant in Satellite Town,…
Nigeria’s fuel market received a fresh boost on Thursday as Dangote Petroleum Refinery announced a N50 reduction in its petrol gantry price, bringing the cost down from N1,175 to N1,125…
Nigeria could witness unprecedented economic growth if it succeeds in improving tax compliance across the country, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has…
Nigeria’s journey toward becoming a $1 trillion economy by 2030 could receive a significant boost from the ceramics industry if the right investments, policies and infrastructure are put in place,…
Nigeria’s digital infrastructure sector is gearing up for a major transformation following the Central Bank of Nigeria’s (CBN) directive requiring banks, fintech firms, payment service providers, and mobile money operators…
Nigeria’s exports to East and Southern African countries have crossed the N1 trillion mark for the first time, highlighting the growing impact of regional trade agreements and improved market access…
U.S. Treasury yields moved lower on Friday as investors closely monitored the latest inflation data and renewed geopolitical tensions in the Middle East. Despite fresh concerns surrounding the region, declining…
The Nigerian stock market suffered another major setback on Thursday as persistent sell-offs erased N959 billion from investors’ wealth, extending the market’s bearish run. The decline was largely driven by…
Nigeria’s recent success in exceeding its Organisation of Petroleum Exporting Countries (OPEC) oil production quota has sparked fresh calls for greater investment in the nation’s upstream oil sector. Energy marketers…
Africa’s push for deeper economic integration is yielding positive results as intra-African trade climbed by 5.5 percent in 2025, reaching an estimated $213.8 billion compared to $202.7 billion recorded in…
Africa’s agricultural sector is proving to be one of the continent’s strongest economic engines, with cocoa, coffee, cashews, tea and olive oil emerging as the leading export commodities driving trade…
Asian stock markets suffered steep losses on Friday as investors rushed to sell technology stocks amid growing concerns that soaring valuations in the sector may no longer be justified. The…
Nigeria’s banking sector is experiencing a remarkable paradox. While banks are stronger and better capitalized than ever before, the flow of credit to businesses is shrinking. Twelve listed banks increased…
The anticipation surrounding the highly awaited Dangote Refinery IPO has reached fever pitch, prompting Nigeria’s Securities and Exchange Commission (SEC) to step in and caution investors against unofficial investment schemes.…
Africa’s largest refinery is preparing to make history as Dangote Petroleum Refinery moves closer to a landmark public listing that could raise up to $2 billion and become the biggest…
Nigeria’s banking sector has recorded a sharp rise in non-performing loans (NPLs), with the ratio climbing to 9.85 per cent in February 2026 following the Central Bank of Nigeria’s (CBN)…
President Bola Tinubu has challenged African nations to break away from the decades-long cycle of exporting raw minerals while importing expensive finished products, warning that the practice continues to deprive…
Nigeria’s electricity sector could be heading toward another period of instability as climate experts warn that the ongoing El Niño weather phenomenon may significantly reduce hydropower generation across West Africa.…
President Donald Trump has escalated pressure on some of the world’s largest oil companies, accusing Exxon, Chevron, Shell, and BP of failing to pass lower crude oil prices on to…
Global oil prices have fallen to levels not seen since before the Iran conflict began, offering relief to consumers and businesses concerned about rising energy costs. Brent crude, the international…
Nigeria’s trade with other African countries climbed to $9.02 billion in 2025, marking a significant increase from the $7.47 billion recorded the previous year. According to the African Export-Import Bank…
Micron Technology stunned investors on Thursday as its shares jumped more than 16% in premarket trading following a blockbuster earnings report that highlighted the powerful impact of the artificial intelligence…
Elon Musk has fallen below the trillionaire threshold just weeks after making history as the world’s first trillionaire, following a sharp decline in SpaceX and Tesla stock prices. According to…
Nigeria’s largest refinery, Dangote Petroleum Refinery and Petrochemicals, has strongly denied reports suggesting that fuel exported from its facilities is being re-imported into Nigeria through the Lomé trading hub in…
The Federal Government has issued fresh fuel import licences to major petroleum marketers as part of efforts to ensure a steady supply of fuel across Nigeria during the third quarter…
U.S. Treasury yields moved slightly higher on Thursday as investors turned their attention to a crucial inflation report expected to provide fresh insight into the health of the American economy.…
After an exceptional first half of 2026, Nigeria’s stock market is entering a critical phase that could redefine investor fortunes for the rest of the year. Market analysts believe two…