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Nigeria Money Market Stays Liquid Despite CBN Tightening as Billions Flow in from…
Nigeria’s money market continued to show strong liquidity this week, even as the Central Bank of Nigeria maintained…
NNPC Clarifies China Refinery Deal: No Fresh Spending on Port Harcourt, Warri…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has clarified that its recently signed agreement…
Nigeria Receives 164,000MT Imported Fuel Amid Fresh Petrol Import Licences and…
Nigeria has recorded the arrival of about 164,000 metric tonnes of imported petroleum products, as new cargo…
$7 Billion in Perfectly Timed Oil Trades Spark Insider Trading Investigation Fears
A wave of unusually well-timed oil trades totaling around $7 billion has triggered growing concerns over possible…
Uber Pushes Harder Into “Everything App” Race as Super App Strategy Accelerates
Uber is accelerating its long-standing ambition to evolve beyond ride-hailing into a full “super app,” as…
PFA grows revenue to N42.4 billion, declares N2 dividend
Access ARM Pensions has reported a strong financial performance for the 2025 fiscal year, its first…
Top Nigerian Banks Cut Lending by Nearly 25% as Economic Risks Rise
Nigeria’s banking sector is tightening its grip on lending as economic uncertainty, high interest rates, and…
US Imports $578.78m Worth of Nigerian Crude in Q1 2026 as Demand Slips
The United States imported $578.78 million worth of crude oil from Nigeria in the first quarter of…
CBN Urges States to Curb Overdraft Dependence as Inflation Targeting Reform…
The Central Bank of Nigeria (CBN) has called on state governments to reduce their dependence on overdrafts…
NGX Market Capitalisation Hits N157 Trillion as Investors Trade N324 Billion Worth…
The Nigerian stock market ended the week on a positive note as the Nigerian Exchange Limited recorded a 0.71…
Nigeria’s External Reserves Drop by $855 Million in Five Weeks Amid Forex Pressure
Nigeria’s external reserves declined by approximately $855 million within five weeks, highlighting renewed pressure…
Nigeria’s Power Crisis Deepens Despite 300% Tariff Hike as Consumers Pay More for…
Two years after Nigeria introduced the controversial Band A electricity tariff system, many consumers say they are…
European Markets Mixed as Iran Peace Talks Stall, Investors React to Rising Global…
European stock markets opened on a cautious note Monday as investors reacted to growing uncertainty surrounding…
Tech Stocks Could Be the Best Value in Years After Strong Earnings Season,…
Tech stocks in the United States are once again drawing strong investor interest after another impressive earnings…
Dangote Targets 20,000MW Power Expansion as He Pushes Bold Industrial Drive Across…
Africa’s richest industrialist, Aliko Dangote, has announced an ambitious plan to enter the power sector with a…
Canada Posts Surprise Trade Surplus as Oil and Gold Boom Boost Exports
Canada has recorded an unexpected trade surplus, its first in six months, as rising oil and gold prices boosted…
NUPENG Backs NNPC, Urges Transparency in Warri, Port Harcourt Refinery Revival MoU
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has expressed strong support for the efforts of…
Nigeria Economic Reforms Strengthen Resilience Amid Global Uncertainty
Nigeria’s bold economic reforms over the past two years—though painful and controversial—are now being closely…
NGX Market Capitalisation Falls to N153.86tn as Heavy Selloffs Hit Blue-Chip…
The Nigerian equities market closed lower on Thursday as sustained selloffs in major listed companies wiped out…
Dangote Plans London Listing for $13bn Dangote Cement Amid Strong Profit Growth…
Africa’s richest man, Aliko Dangote, is preparing to take a major step in global capital markets as he plans to…
European Stocks Slip as Trump Tariff Threats Rattle Markets, UK Elections Add…
European stock markets slipped on Friday as renewed trade tensions between the United States and the European Union…
Only Four African Economies Ready for Sustainable Industrialisation – RED Index…
A new 2025 RED Index of Industrial Development in Africa has revealed a sobering reality about the continent’s…
Political Stability Drives FDI in Africa as MAN Calls for Investment Reforms
Despite a gradual rise in foreign investment flows into Africa, the Manufacturers Association of Nigeria (MAN) has…
Lagos Estates Face Soaring Electricity Costs as Poor Grid Supply Forces Heavy…
Residents of gated housing estates across Lagos are experiencing a sharp rise in electricity costs, with monthly…
FX reforms stabilize Nigeria automotive industry despite rising costs
The Association of Automobile, Boatyards, Transport Equipment and Allied Employers of Nigeria (AABTEAEN) says…
Iran Cuts Oil Output Amid Storage Crisis as Geopolitical Tensions Shake Global Oil…
Iran has begun reducing its oil production as its storage facilities near full capacity, following a sharp slowdown…
IMF Warns AI Cyber Attacks Could Disrupt Global Financial System
The International Monetary Fund has raised fresh concerns over the growing threat of artificial intelligence-driven…
Financial Trust Company Targets Pan-African Expansion, Seeks Increased Capital…
Financial Trust Company (FTC) is setting its sights on continental expansion as it celebrates its 50th anniversary,…
NGX RegCo Recovers N500 Million for Investors in Crackdown on Market Infractions
Nigeria’s capital market received a confidence boost as NGX Regulation Limited (NGX RegCo) announced it has…
Nigeria–China Zero-Tariff Policy Spurs Export Opportunities, but Concerns Persist
Nigeria’s export sector is entering a new phase as businesses begin to explore opportunities under the Nigeria…