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Oil Prices Drop as Middle East Tensions Ease on Ceasefire Hopes and Supply Shifts
Global oil prices slipped sharply on Thursday as easing tensions in the Middle East sparked renewed optimism among…
NGX Market Crash: Investors Lose N5.15 Trillion in Just Four Trading Days Amid…
The Nigerian stock market has suffered a sharp setback as investors on the Nigerian Exchange Limited (NGX) lost a…
NGX Market Slips Further as Bearish Sentiment Deepens, Investors Lose N580 Billion
The Nigerian Exchange (NGX) continued its downward trend as bearish sentiment strengthened on Thursday, with more…
Dangote Refinery Fuel Price Exceeds Import Landing Cost as Market Data Sparks…
Recent industry data has sparked fresh discussions in Nigeria’s downstream oil sector, as figures show that the…
Naira Strengthens Below N1,360/$ for First Time in Four Weeks as Forex Reforms…
Nigeria's currency recorded a significant milestone on Thursday as the naira strengthened below the N1,360/$ mark…
Foreign Capital in Telecoms Falls to Four-Year Low Despite Tariff Hike
Nigeria's telecommunications sector has recorded its weakest foreign investment inflow in four years, with capital…
Bearish Pressure Deepens as Nigerian Stock Market Loses N2.28 Trillion in Midweek…
The Nigerian equities market extended its losing streak on Wednesday, closing in the red for the third consecutive…
Nigerian Banks Earn N209bn from Account Maintenance Fees in Q1 2026 Amid Rising…
Nigerian commercial banks recorded a significant rise in earnings from account maintenance charges, pulling in a…
Telecom Sector Attracts Just $7.24m Foreign Capital in Q1 2026 Despite Tariff Hike
Foreign investment into Nigeria’s telecommunications sector has dropped sharply to just $7.24 million in the first…
Dangote Refinery and the refining of sovereignty
In the heart of Lekki, Lagos, the Dangote Refinery is doing more than processing crude oil—it is quietly reshaping…
Meren Energy Nigeria Investment Boost as NUPRC Confirms 2026 Licensing Round…
Meren Energy has announced plans to deepen its investment footprint in Nigeria’s oil and gas sector, signaling…
Nigerian Stock Market Extends Losses, Investors Lose N2.28 Trillion in 3-Day…
The Nigerian equities market extended its losing streak on Wednesday, marking a third straight day of declines as…
Tinubu Approves 2026 Oil Block Licensing Round as Nigeria Targets Fresh Upstream…
Nigeria is set for a new wave of oil sector activity as President Bola Tinubu has approved the 2026 oil block…
CBN Raises N1.46 Trillion at Treasury Bills Auction as Investor Demand Soars
The Central Bank of Nigeria (CBN) has raised N1.457 trillion at its June 3, 2026 Treasury Bills (NTB) auction, as…
Nigerian Stock Market Loses N2.28 Trillion as Profit-Taking Triggers Third…
The Nigerian stock market extended its losing streak on Wednesday, shedding a massive N2.28 trillion in market…
Foreign Capital Inflows Surge 84% to $10.37 Billion as Investors Flock to Nigerian…
Nigeria witnessed a significant boost in foreign capital inflows during the first quarter of 2026, attracting a…
ETF Turnover Falls to N3.67 Billion as Investor Activity Slows Despite Broad…
Exchange Traded Funds (ETFs) listed on the Nigerian Exchange (NGX) experienced a slight slowdown in trading…
Nigeria Insurance Sector Races to Meet Recapitalisation Rules as NAICOM Deposit…
Nigeria’s insurance industry has entered a critical phase of reform as insurers and reinsurers intensify…
NGX Group Calls for Stronger Capital Market Integration into Monetary Policy…
The Nigerian Exchange Group (NGX Group) has called for a stronger integration of the capital market into Nigeria’s…
Dangote alleges crude supply sabotage by govt, NNPC objects
The battle between Africa’s richest man’s refinery and Nigeria’s oil authorities has escalated, as…
CBN FX Manual Reform: Cardoso Bets on Rules to Stabilise Nigeria’s Foreign…
Nigeria’s foreign exchange market has long struggled with instability, uncertainty, and policy inconsistencies that…
Naira Strengthens to N1,833/£1 as CBN Policies and FX Reserves Support Stability…
The Nigerian naira has continued its steady performance against the British Pound Sterling, trading at around…
Nigerian Stock Market Turns Bearish as NGX Loses N479bn Amid Broad Sell-Off
The Nigerian equities market closed on a negative note as bearish sentiment dominated trading activities, wiping…
DMO Opens June 2026 FGN Savings Bond at 14.777% Interest as Nigeria Raises…
The Debt Management Office (DMO) has officially opened subscription for the June 2026 FGN Savings Bond, offering…
NGX Loses N2.29 Trillion as Market Sell-Off Deepens in Early June Trading
The Nigerian equities market started June 2026 on a bearish note, wiping out a staggering N2.29 trillion in market…
Tinubu’s Economic Reforms Propel Nigerian Stock Market to Record N160 Trillion
Nigeria's stock market has witnessed an unprecedented transformation over the last three years, with the Nigerian…
Nigeria’s capital market becomes first in Africa to adopt one-day trade settlement…
Nigeria has achieved a major milestone in its financial sector as the Nigerian Exchange (NGX) officially…
CSCS Launches T+1 Settlement Cycle in Nigeria: Capital Market Enters Faster Global…
Nigeria’s capital market has taken a major leap forward as the Central Securities Clearing System (CSCS) Plc…
NGX Opens Week Bearish as Market Capitalisation Drops 1.13% on Heavy Sell Pressure
The Nigerian Exchange Limited (NGX) began the new trading week on a negative note as investors recorded widespread…
CBN Faces N10.90 Trillion Liquidity Surge in June as OMO Maturities Hit N7.77…
Nigeria’s financial system is heading into another wave of liquidity pressure as the Central Bank of Nigeria (CBN)…