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Nigeria’s manufacturers say they are sinking, with no relief in sight
Nigeria's manufacturing sector is facing one of its toughest periods in recent years as soaring production costs,…
Top 10 Brokers Control Over 70% of NGX Trading as Investor Confidence Boosts…
Nigeria's capital market continues to demonstrate remarkable strength as the top 10 stockbroking firms on the…
NGX Group delivers record First-Half 2026 performance
Nigerian Exchange Group (NGX Group) has delivered its strongest first-half financial performance on record,…
Nigeria Reaffirms Commitment to IMF Reforms as Government Targets Stronger…
The Federal Government has reaffirmed its commitment to working closely with the International Monetary Fund (IMF)…
Microfinance Banks Seek Federal Govt’s Intervention, Regulatory Support
Microfinance banks in Nigeria have renewed their call for greater support from the federal government and monetary…
Nigeria LNG Train-7 Boosts Gas Export Prosperity Amid Global Demand
As global demand for liquefied natural gas (LNG) continues to surge, Nigeria is positioning itself to take…
Nigeria FX Market Turnover Surges 83% to $4.38bn Amid CBN Liquidity Reforms
Nigeria's official foreign exchange market witnessed a remarkable surge in trading activity as total turnover…
Stock market turnover surged by 54% to N306bn in five days
The Nigerian stock market delivered another impressive performance last week as trading activity on the Nigerian…
NGX stocks to buy in August 2026 amid oil, rate pressures
As August approaches, investors on the Nigerian Exchange (NGX) are keeping a close eye on opportunities that could…
Dangote blames importers for petrol sales policy reversal
The Dangote Petroleum Refinery has revealed that its decision to resume the sale of Premium Motor Spirit (PMS),…
Dangote reveals why London is preferred over Dubai for cement listing
Dangote Cement Plc has revealed why it is pursuing a secondary listing on the London Stock Exchange instead of…
FMDQ: Outstanding corporate bonds hit N2.30 trillion in June 2026
Nigeria's corporate bond market maintained its strong momentum in June 2026, with the total outstanding value of…
Petrol Hits N1,400/Litre as Transport Fares Soar Across Nigeria Amid Global Oil…
Transport costs are climbing once again across several parts of Nigeria as the price of petrol rises to as high as…
Tinubu Turns to World Bank Loans to Expand Social Programmes Amid Rising Poverty
President Bola Tinubu's administration is increasingly relying on World Bank financing to drive its social…
Shettima advocates collaboration to shape AI, telecom policies
Vice President Kashim Shettima has called on African nations to unite in shaping the future of artificial…
Oil block bidding: Inside Nigeria’s seven-hour transparency test
Nigeria's push to restore confidence in its upstream oil sector took a major step forward as the Nigerian Upstream…
Dangote refinery secures record $2.5bn equity funding
Dangote Petroleum Refinery and Petrochemicals FZE has secured a record $2.5 billion in fresh equity funding,…
Nigeria’s Money Supply Rises to N133.25tn Despite CBN’s Tight Monetary Policy
Nigeria's broad money supply increased to N133.25 trillion in June 2026, highlighting continued liquidity growth…
FG Launches N729bn Power Sector Bond to Clear Legacy Debts, Boost Electricity…
The Federal Government has launched a N729 billion power sector bond as part of the second phase of its…
Inflows, FX reforms lift external reserves 58% under Cardoso
Nigeria’s external reserves have recorded a remarkable 58 per cent increase since Olayemi Cardoso assumed office as…
Nigeria bonds: Top issuers paid up to 20% to raise debt in H1 2026
Corporate and government-backed institutions in Nigeria paid as much as 20% in coupon rates to raise funds from the…
Nigerian Stock Market Loses N800bn as Profit-Taking Ends Bullish Rally
The Nigerian stock market suffered a major setback on Wednesday after investors cashed in on recent gains, wiping…
Nigeria’s External Reserves Hit $52 Billion, Surpass CBN’s 2026 Target
Nigeria’s external reserves have climbed above the $52 billion mark for the first time in over 17 years, exceeding…
Nigerian Stock Market Loses N800 Billion as NGX Index Falls 0.5% Despite Strong…
Trading on the Nigerian Exchange (NGX) ended on a bearish note on Wednesday as investors lost approximately N800…
CBN Holds Interest Rate at 26.5% as Economists Push for Cuts to Ease Borrowing…
The Central Bank of Nigeria (CBN) has once again kept its benchmark interest rate at 26.5%, a decision that…
Nigeria’s Money Supply Climbs to N133.25 Trillion Despite High Interest Rate…
Nigeria’s broad money supply surged to N133.25 trillion in June 2026, highlighting continued liquidity growth in…
Dangote Raises Petrol Ex-Depot Price to N1,215 as Naira Sales Resume
Dangote Petroleum Refinery has resumed the sale of Premium Motor Spirit (PMS), commonly known as petrol, in naira…
CBN Explains N100, N200 Note Scarcity as Digital Payments Gain Ground in Nigeria
The Central Bank of Nigeria (CBN) has attributed the growing scarcity of N100 and N200 notes across the country to…
Nigeria’s FX Reserves Climb to $52.5bn as Crude Oil Tax Revenue Boosts External…
Nigeria’s foreign exchange reserves have recorded a significant increase, reaching $52.52 billion as of July 17,…
NGX Gains N307bn as Investor Demand Pushes Market Capitalisation Above N159tn
The Nigerian Exchange (NGX) extended its winning streak on Tuesday, adding a remarkable N307 billion to investors’…