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Banking stocks lift Nigerian market by N70.6 billion despite consumer goods…
The Nigerian stock market ended Wednesday’s trading session on a positive note, with banking stocks helping…
Tinubu Credits Economic Reforms for Record Profit Growth of NGX Companies in H1…
President Bola Tinubu has attributed the impressive financial results posted by several companies listed on…
Tax swallows N1.13 trillion from Aradel, Seplat half-year profits
Aradel Holdings and Seplat Energy delivered exceptional financial performances in the first half of 2026,…
Dangote Refinery Expands African Crude Imports as Nigerian Supply Declines
Dangote Refinery is accelerating its shift toward sourcing crude oil from across Africa as supplies from Nigeria…
Nigeria’s cement firms rake in N3.2 trillion in six months amid price hikes,…
Nigeria’s cement industry has recorded one of its strongest performances in recent years, with the…
Dangote Refinery drops PMS to ₦1,165/Litre, diesel to ₦1,570/litre
Dangote Petroleum Refinery has announced another reduction in the ex-depot prices of Premium Motor Spirit (PMS),…
Nigeria’s oil boom threatened by 50-year-old problem, says NURPC’s Eyesan
Nigeria’s renewed push to reclaim its position as one of Africa’s leading oil producers is facing an…
Nigeria Tightens Crypto Regulations as Government Unveils New Tax Rules for…
The Nigerian government has introduced new taxation guidelines for cryptocurrencies and other virtual assets,…
NITDA Launches Sovereign Cloud Initiative to Accelerate AI and Data Centre Growth
The National Information Technology Development Agency (NITDA) has taken a significant step toward strengthening…
Nigerian Stock Market Loses N599bn as Sell-Off Hits Nestlé, First Holdco, NGX…
The Nigerian stock market returned to negative territory on Wednesday after investors wiped out N599 billion in…
Lekki Port Boosts Global Trade as MSC Launches Weekly Shipping Service
Lekki Port has taken another major step toward strengthening Nigeria's international trade network with the arrival…
African Alliance submits recapitalisation plan to NAICOM after handover
African Alliance Insurance Plc has confirmed that it has officially submitted its recapitalisation plan to the…
Dangote eyes $5bn IPO to finance refinery expansion
Africa's richest businessman, Aliko Dangote, is preparing for what could become the continent's largest stock…
CBN says naira FX gap falls below 2% as reserves top $52.5 billion
The Central Bank of Nigeria (CBN) has announced that its monetary and foreign exchange reforms are beginning to…
Nigerian Stock Market Loses N599 Billion as Nestlé, First HoldCo Lead Massive…
The Nigerian stock market suffered a major setback on Tuesday, wiping out approximately N599 billion in market…
Nigeria’s $4.5bn Oil-Backed Loan Refinancing Set to Boost Naira, Strengthen…
Nigeria's efforts to stabilize the naira have received a major boost after the National Economic Council (NEC)…
CBN Cuts Government Financing as Assets Surge Above N138 Trillion in Push for…
The Central Bank of Nigeria (CBN) has taken another major step toward strengthening the country's economy by…
TotalEnergies Takes Nigeria to Court Over $554 Million Petroleum Tax Dispute
French energy giant TotalEnergies has taken fresh legal action against Nigeria's tax authorities and the Nigerian…
FRC to convene audit summit on AI, financial reporting
The Financial Reporting Council of Nigeria (FRC) is set to bring together some of the country's leading financial…
Local investors trade N17.7 trillion stocks in 18 months
Nigeria's capital market is increasingly being driven by homegrown investors, with domestic participants accounting…
Nigerian Stock Market Starts August Strong with N289bn Gain as Investor Confidence…
The Nigerian stock market kicked off August 2026 on a positive note, delivering an impressive N289 billion gain in…
DMO Launches August Savings Bonds With Returns of Nearly 15% for Nigerian…
The Debt Management Office (DMO) has opened subscriptions for its August 2026 Federal Government Savings Bond…
NRS makes Tax ID mandatory for new crypto account activations
The Nigeria Revenue Service (NRS) has introduced a major policy change that will reshape how Nigerians access…
Nigeria’s purchase cost inflation hits five-month low as PMI stays above 52
Nigeria’s private sector remained on a growth path in July, with businesses benefiting from stronger customer…
NNPC Profit Drops 35% in H1 2026 Despite Strong June Recovery as Revenue Climbs
Nigeria’s state-owned oil giant, NNPC Limited, posted a profit after tax of N2.28 trillion for the first half of…
Banks’ Deposits at CBN Surge 670% to N83.95 Trillion as Borrowing Plunges
Nigeria's banking sector witnessed a significant shift in liquidity management as commercial banks dramatically…
Nigeria Introduces New Crypto Tax Rules as Exchanges Risk ₦10 Million Fine for…
The Federal Government has taken a major step toward regulating Nigeria's fast-growing cryptocurrency industry with…
August dividend race begins as 8 NGX companies set qualification dates
August is shaping up to be an important month for investors on the Nigerian Exchange (NGX) as eight listed…
Nigeria’s Global LNG Market Share Slips to 5% as NLNG CEO Warns of Steeper Decline
Nigeria’s position in the global liquefied natural gas (LNG) industry is facing growing pressure, with the…
Petrol consumption drops by 52m litres amid higher prices
Nigeria’s petrol consumption recorded a slight decline in the first half of 2026 as persistently high pump prices…