Real Time Financial News Website
The tech industry in 2026 is experiencing one of its most dramatic workforce shake-ups in recent history, with companies across the globe citing artificial intelligence as a key factor behind…
Nigeria’s push toward a cashless economy continues to face strong resistance, as new data shows that Nigerians are still holding a massive N5.19 trillion outside the banking system as of…
Nigeria has once again been identified as one of the world’s top contributors to gas flaring, as a new World Bank report shows that just nine countries are responsible for…
Nigeria’s banking sector is struggling to keep pace in the ongoing 2026 equities boom, as banking stocks on the Nigerian Exchange (NGX) lag behind other major sectors despite strong earnings…
The Nigerian Exchange Limited (NGX) ended the trading week on 19 June 2026 in the red, as widespread profit-taking and price corrections pushed the All-Share Index down by 3.59% to…
Nigeria’s domestic crude supply to local refineries recorded a noticeable decline in May 2026, dropping to 15.84 million barrels, according to fresh data from the Nigerian Midstream and Downstream Petroleum…
The Securities and Exchange Commission (SEC) Nigeria has renewed its push for deeper integration among African financial markets, calling for stronger cooperation that will boost cross-border investment, innovation, and long-term…
Dewale Consulting Ltd (DCL) has announced a new initiative designed to open up Kenya’s booming property sector to Nigerian investors, as cross-border investment interest continues to rise across Africa. The…
Nigeria and Rwanda have taken a significant step toward deeper financial integration in Africa following the signing of a Memorandum of Understanding (MoU) between Nigeria’s Securities and Exchange Commission (SEC)…
Trading activities on the Nigerian Exchange Limited (NGX) maintained strong momentum in May 2026, with total market transactions climbing to N1.94 trillion as domestic investors continued to dominate the market.…
Nigeria’s broad money supply (M3) rose to N129.21 trillion in May 2026, highlighting continued liquidity growth in the economy despite the Central Bank of Nigeria’s efforts to keep monetary conditions…
The Nigerian stock market started the week on a cautious note as investors continued to digest last week’s sharp 3.6 per cent decline, largely driven by heavy sell-offs in banking…
Nigerian businesses are entering a high-pressure compliance season as two major tax obligations converge at the end of June: Company Income Tax (CIT) filing and the rollout of the federal…
Nigeria’s inflation outlook may be heading for slight relief as analysts project that the Nigeria inflation rate June 2026 could ease to 15.8%, even as households continue to face persistent…
The Nigerian equities market came under intense pressure last week as investors collectively lost about N5.64 trillion on the Nigerian Exchange Limited (Nigerian Exchange Limited), following a wave of sustained…
Aradel Holdings Plc has recorded a dramatic leap in its financial position, with total assets surging by 466 per cent to N9.9 trillion in 2025, driven largely by a major…
U.S. stock futures slipped early Monday as investors reacted cautiously to fresh progress in Iran peace negotiations while bracing for a key inflation report that could shape the Federal Reserve’s…
Nigeria’s oil and gas sector is showing strong signs of recovery, but long-standing operational issues continue to weigh on its full potential. In recent years, the industry has attracted over…
Nigeria’s flagship Dangote Petroleum Refinery is facing mounting pressure as a severe crude supply shortage threatens its operations, raising fresh concerns about fuel stability and the future of domestic refining…
Global oil markets saw a sharp shift on Monday as crude prices slipped following news that Qatar and Pakistan have brokered a 60-day roadmap aimed at advancing a potential U.S.–Iran…
The Nigerian equities market closed the week on a mixed but tense note as the market capitalisation of the Nigerian Exchange Nigerian Exchange Group (NGX) shed about N5.63 trillion, even…
Nigeria’s foreign exchange market recorded a noticeable uptick in activity, with total turnover in the FX spot and derivatives segments rising 7.7% to $2.32 billion in the week ended June…
Fuel prices have dropped across parts of Lagos and Ogun States as filling stations adjust pump rates in response to rising competition and recent changes in the downstream oil market.…
Nigeria’s telecom sector is facing a new layer of regulatory oversight as the Nigerian Communications Commission (NCC) and the Corporate Affairs Commission (CAC) introduce stricter rules on ownership changes within…
Finance experts have called on the Central Bank of Nigeria (CBN) to introduce mandatory annual financial reporting for deposit-taking fintech companies and microfinance banks (MFBs), arguing that stronger disclosure rules…
Nigeria’s business landscape is set for a busy week as major economic and investment-focused events take center stage across Africa. Leading the agenda is the 33rd Annual Meetings of the…
The British pound has weakened sharply against the Nigerian naira, edging closer to its lowest level of the year as political uncertainty in the United Kingdom continues to unsettle financial…
Nigeria’s stock market may be experiencing a correction, but investors who positioned themselves in the right sectors have continued to enjoy substantial gains. Data from the Nigerian Exchange (NGX) shows…
Nigeria’s foreign reserves have surged to $51.04 billion, reaching their highest level in nearly 17 years and signaling renewed strength in the country’s external financial position. According to data from…
Nigeria’s push toward a greener and more digitally driven economy has received a major boost as the Development Bank of Nigeria (DBN) and the European Investment Bank’s development arm, EIB…