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NGX Market Cap Soars by N710bn as Investor Confidence Boosts Oil, Industrial, and…
The Nigerian Exchange (NGX) saw a significant surge in market capitalization yesterday, gaining N710 billion as…
NGX Gains N710bn Despite Iran War Fears as Global Markets Slide
Nigeria’s stock market delivered a rare show of strength on Tuesday as the Nigerian Exchange Limited (NGX) gained…
Oil Prices Spike Toward $85 as Global Supply Risks Intensify
Global oil prices rallied sharply on Tuesday, with Brent crude climbing above $84 per barrel amid escalating…
ANOH Gas Delivers First Gas to NLNG, Marks Start of Full Commercial Operations
ANOH Gas Processing Company (AGPC) has officially delivered its first batch of processed natural gas to Nigeria LNG…
Nigeria’s Reform Dividend: Experts Predict Economic Growth Surge in 2026
Nigeria is set to reap the benefits of its ongoing reform cycle in 2026, with households and businesses expected to…
Saudi Aramco Shuts Ras Tanura Refinery After Iran Drone Strikes, Global Oil Supply…
Saudi Arabia’s state oil giant, Saudi Aramco, has temporarily shut down its Ras Tanura refinery, one of the world’s…
Oil Prices Surge to $80 Amid Widening US-Israel Conflict With Iran, Raising Supply…
Oil prices continued their sharp climb on Tuesday, reflecting growing fears of supply disruptions as the US-Israel…
United Capital Revenue Soars 35% to N58.55bn as Profitability Strengthens in 2025
United Capital Plc has reported a robust 35 per cent year-on-year growth in revenue, climbing from N43.43bn in 2024…
NGX Group Appoints Olajumoke Olaniyan as Chief Strategy Officer to Drive Market…
The Nigerian Exchange (NGX) Group Plc has announced the appointment of Ms. Olajumoke Olaniyan as its new Group…
Naira Falls to N1,376/$ as Dollar Surges Amid Middle East Tensions
Nigeria’s naira slipped to N1,376 per dollar on Monday, extending its recent volatility as the U.S. dollar…
Nigerian Stocks Rally Amid US-Iran Tensions as Oil Shares Lead Gains
The Nigerian stock market surged on March 2, 2026, shrugging off global concerns over the US-Iran conflict. The…
NGX Surges N1.7tn as Banking, Oil & Gas Stocks Lead Market Rally
Trading on the Nigerian Exchange (NGX) ended Monday on a positive note, with the All-Share Index climbing to…
Petrol Prices Could Hit ₦1,000/Litre as Dangote Refines Strategy Amid Global Oil…
The price of Premium Motor Spirit (PMS), commonly known as petrol, may soon reach between ₦980 and over ₦1,000 per…
European Markets Slide as U.S.-Iran Conflict Escalates, Oil Prices Surge
European markets are set to open sharply lower on Tuesday as rising geopolitical tensions in the…
Banks Disburse N36.4tn to Trade Sector as Rate Cut Sparks Fresh Credit…
Nigerian deposit money banks disbursed N36.39 trillion to the Trade and General Commerce sector between January and…
Nigeria’s Net FX Reserves Soar 772% to $34.8 Billion, Signaling Stronger Economic…
Nigeria’s net foreign exchange reserves soared to $34.80 billion at the end of 2025, marking a remarkable 772 per…
CBN Cuts Interest Rate to 26.5% as Disinflation and FX Stability Strengthen…
The Central Bank of Nigeria has reduced its Monetary Policy Rate (MPR) by 50 basis points to 26.5 per cent, marking…
Investors Gain N17.5 Trillion in February as Nigerian Stock Market Surges
Investors in Nigeria’s stock market enjoyed a substantial boost in February 2026, with gains totaling N17.5…
Nigeria Spends N6.32 Trillion on Domestic Debt in 9 Months Amid Rising Interest…
The Nigerian federal government spent a staggering N6.32 trillion on domestic debt servicing between January and…
Naira Depreciates to N1,368/$ Following CBN’s 304th MPC Meeting
The naira faced a steady decline throughout the week, closing at N1,368/$ in the official market, following the…
Rising Public Debt Clouds CBN Rate Cut Despite Economic Gains
Economic experts say Nigeria’s recent macroeconomic improvements are being tempered by a rising public debt…
Crude-Backed Loans Tie Up N8.36tn of Nigeria’s 2025 Oil Revenue
Nigeria’s crude oil production in 2025 saw nearly 15% of output effectively pre-committed to servicing crude-backed…
N5tn Bank Recapitalisation Set to Transform Nigeria’s Financial Sector
Nigeria’s banking sector is poised for a major transformation as the Central Bank of Nigeria (CBN) nears completion…
Nigerian Stock Market Surges with N17.6 Trillion Gain in February 2026
The Nigerian stock market recorded historic growth in February 2026, with investors collectively gaining N17.6…
Dangote Refinery Appoints Stanbic IBTC, Vetiva, and First Capital for…
The Dangote Group has officially appointed Stanbic IBTC Capital, Vetiva Capital Management, and First Capital as…
Oil Prices Surge Toward $80 Amid Middle East Tensions – Global Markets on Edge
Oil prices surged sharply on Monday as escalating military tensions between the United States, Israel, and Iran…
OpenAI and Amazon Launch $50 Billion AI Partnership to Revolutionize Enterprise…
In a move set to reshape the global artificial intelligence landscape, Amazon and OpenAI have unveiled a multi-year…
OPEC+ Raises Oil Production Amid Middle East Tensions, Markets Watch Strait of…
Key members of OPEC+ have announced a higher-than-expected increase in oil production quotas, raising the stakes…
Nigeria’s Agriculture Sector Hits N101.46tn Turnover as Investment Boosts Growth
Nigeria’s agriculture sector achieved a remarkable N101.46tn turnover in 2025, up from N96.46tn in 2024, signaling…
Dangote Port Sparks Nigeria’s Revival as a Global Fuel Exporter
Nigeria’s long-standing paradox of being Africa’s largest crude producer yet a major fuel importer is quietly…