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Stock Futures Slip as Brent Crude Surges Past $100 Amid U.S.-Iran Tensions
Stock futures edged lower early Wednesday as investors returned to a cautious mood following a broad sell-off in…
NGX Crosses N160tr as Oil Stocks Power Market Recovery
Nigeria’s equities market regained the N160 trillion market capitalisation mark on Monday as strong buying in oil…
WhatsApp Spotlights Nigerian Small Businesses, Showcases How AI Is Powering Growth
WhatsApp is shining a spotlight on Nigerian small business owners with a new three-week campaign highlighting how…
FTSE Frontier 50 Index Names Six Nigerian Companies as Nigeria Returns to Frontier…
The FTSE Frontier 50 Index has listed six Nigerian companies as Nigeria prepares to officially return to the global…
FG Plans Vienna-Listed Bond to Attract Foreign Investment Into Nigeria
The Federal Government is preparing to issue a Vienna-listed bond as part of efforts to attract more foreign…
Dangote Refinery Valued at N82.6 Trillion Ahead of N2.15 Trillion IPO
Dangote Petroleum Refinery and Petrochemicals FZE could be worth significantly more than its proposed listing…
NNPC Disowns Fuel Truck Found With 2,145kg Cannabis in Ondo
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has distanced itself from a fuel truck intercepted in…
AfDB Unveils $5.1bn Plan to Cushion Africa From Energy, Fertiliser Crisis
The African Development Bank Group (AfDB) has approved a $5.1 billion response plan aimed at helping Nigeria and…
CBN: Economic Gains Will Soon Reach Nigerian Households, Businesses
Nigeria’s improving economic indicators may soon begin to translate into better conditions for households and…
Nigeria Opens N1,000 Savings Bonds as DMO Offers 14.12% and 15.12% Interest Rates
The Nigerian government has opened two new savings bonds to investors, giving individuals an opportunity to invest…
Rising Oil Prices Put China’s Independent Refiners Under Pressure
China’s independent refiners could be heading for a difficult period as rising international oil prices and…
Nigeria’s FX Demand Surges 91% to $50.93 Billion, Hits Six-Year High
Nigeria’s FX demand surged by 91.1% to $50.93 billion in 2025, reaching its highest annual level in six years as…
Nigerian Stocks Lose N1.88trn as Investors Reposition Ahead of Dangote Refinery…
Nigeria’s stock market suffered a sharp reversal on Tuesday, September 8, 2026, with investors wiping about N1.88…
Tinubu’s $50bn FDI Pledges Face Reality Check as Nigeria Records Just $2.06bn…
President Bola Ahmed Tinubu’s administration has secured more than $50 billion in foreign investment commitments…
Oye Urges Tinubu to Turn $53.11bn FX Reserves, 4.43% Growth Into Cheaper Food,…
Chairman of the Alliance for Economic Research and Ethics LTD/GTE, Dele Oye, has urged President Bola Tinubu’s…
FG Maritime Reforms Drive Port Growth as Cargo Throughput, Vessel Traffic Surge
The Federal Government’s ongoing reforms in Nigeria’s maritime sector are beginning to show measurable results,…
Nigeria External Reserves Hit $54bn as Naira Strengthens
Nigeria’s external reserves have climbed to $54.08bn, reaching their highest level since 2008 and giving the…
IMF: Trade Payment Restrictions Can Strengthen Current Account, Influence Exchange…
The International Monetary Fund (IMF) has said trade payment restrictions can strengthen a country’s current…
Africa to Supply 620m New Workers by 2050 as World Bank Warns of Job Creation…
Sub-Saharan Africa is set to become the world’s biggest source of new workers over the next 25 years, with more…
Local Petrol Maintains N46 Price Advantage Over Imports as Dangote Refinery Cuts…
Locally refined petrol has maintained a price advantage over imported Premium Motor Spirit (PMS), with industry…
OPEC Maintains September Oil Production Levels for October 2026
The Organisation of the Petroleum Exporting Countries (OPEC) and its allies have agreed to maintain their September…
OPEC+ Pauses Oil Output Hikes After Four Straight Monthly Increases
OPEC+ has paused its recent oil production increases, keeping output levels unchanged for October 2026 after four…
Nigeria’s Overnight Rate Rises to 22.20% as CBN Liquidity Drain Tightens Market
Nigeria’s overnight lending rate has climbed to 22.20 per cent as tighter liquidity conditions in the banking…
Ghana’s Internet Banking Transactions Surge 80.7% to GH¢383.82bn as Cheque Use…
Ghana’s move towards a cash-lite economy is gathering pace, with internet banking transactions surging to GH¢383.82…
Ghana Stocks Set for 81% Gain in 2026 as Databank Targets 16,000 Points
Ghana’s stock market is on track for one of its strongest performances in recent years, with Databank Research…
NNPC Profit Falls 47.9% to N279bn as July Revenue Drops to N3.09trn
The Nigerian National Petroleum Company Limited (NNPCL) recorded a sharp decline in profitability in July 2026, as…
Nvidia’s AI Investments Surge to $99 Billion as Chip Giant Deepens Bet on Tech…
Nvidia’s growing influence in the artificial intelligence industry is no longer limited to supplying the powerful…
Crude Oil Price Hits $96.98 as Nigerian Marketers Review Petrol Pump Prices
Crude oil prices are edging closer to the $100 per barrel mark, with Brent crude rising to $96.98 per barrel on…
Kenya, Dangote Plan 1,000MW LNG Power Plant as Tanzania Gas Emerges as Key Supply…
Kenya and Africa’s richest man, Aliko Dangote, are exploring a major 1,000-megawatt LNG power project linked to the…
Nigeria’s Financial Sector Growth Slows to 9.29% Despite N5.3trn Recapitalisation
Nigeria’s financial sector is yet to fully feel the impact of more than N5.3 trillion in fresh capital, as…