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NGX Extends Losing Streak as Investors Lose N877.9 Billion Amid Heavy Sell-Off in…
The Nigerian Exchange (NGX) recorded another difficult trading session on Thursday as investors lost an estimated…
BOI Signs $170 Million iDICE Fund Deal to Accelerate Nigeria’s Tech and Creative…
Nigeria’s drive to strengthen its technology and creative industries has received a major boost as the Bank of…
Firm deploys AI, WhatsApp to boost learning in varsities
Nigeria’s education technology sector has received a significant boost with the launch of Gemnex, a new artificial…
NNPC Revenue Drops by N636bn Despite Stable Oil Production as Profit Declines in…
Nigeria's national oil company, the Nigerian National Petroleum Company Limited (NNPC), recorded a significant…
7 NGX-Listed Companies Set to Pay Dividends in July 2026 as Investors Eye Strong…
Despite recent volatility on the Nigerian Exchange (NGX), investors have something positive to look forward to in…
Naira Falls 1.1% in June Despite Strong FX Liquidity as Market Confidence Grows
Nigeria’s currency market showed signs of growing resilience in June 2026 as the naira recorded only a marginal…
Nigerian Stock Market Loses N2.39tn as Investors Dump Major Stocks in July Opening…
The Nigerian stock market began the month of July on a weak footing, wiping out N2.39 trillion in investor wealth…
NGX unveils 2025 midyear index assessment results
The Nigerian Exchange Limited (NGX) has announced the results of its highly anticipated 2025 Midyear Index Review,…
CBN Revokes Licences of 46 Microfinance Banks Over Regulatory Violations
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks across the country,…
CBN Caps Suspension of Payment Obligations for Troubled Banks at Two Business Days
The Central Bank of Nigeria (CBN) has introduced a major regulatory update that limits the suspension of payment…
NGX Opens July with N2.39 Trillion Loss as Profit-Taking Hits Dangote Cement,…
The Nigerian Exchange (NGX) began the month of July with a significant setback as investors lost approximately…
Nigeria’s Consumer Credit Drops to N3.03 Trillion as Retail Loans Crash 42%
Nigeria’s consumer credit market suffered a major setback in February 2026, with total outstanding consumer loans…
Nigeria Leads Africa in IMD Economic Performance Ranking Despite Competitiveness…
Nigeria has been ranked as the highest-performing economy in Africa on the economic performance pillar of the…
NGX Rebounds as Airtel Africa Drives N652.8bn Market Gain Amid Persistent Selling…
Nigeria’s stock market ended June on a positive note as renewed investor interest in Airtel Africa and other…
World Bank Approves $1.25bn Nigeria Loan Amid Growing Debt Concerns and Economic…
The World Bank has approved a fresh $1.25 billion loan for Nigeria under its Nigeria Actions for Investment and…
Nigeria’s $1.5bn Abu Dhabi Drawdown to Cut Borrowing Costs, Says Oyedele
Nigeria’s decision to access only $1.5 billion from its $5 billion financing arrangement with First Abu Dhabi Bank…
Cash Outside Banks Hits One-Year High of N5.19 Trillion, Accounts for 91.3% of…
Nigeria’s reliance on cash remains remarkably strong, as new data from the Central Bank of Nigeria (CBN) shows that…
Naira Ends June at N1,376/$ as Forex Market Weathers Volatility and Maintains…
The Nigerian naira closed June 2026 at N1,376 against the United States dollar in the official foreign exchange…
Dangote Refinery Turns to UAE Crude as Nigeria’s Supply Crisis Deepens
Nigeria’s ongoing crude oil supply challenges have come under fresh scrutiny following Dangote Petroleum Refinery’s…
Nigeria Eyes Return to Global Debt Market with First Eurobond Sale Since November
Nigeria is taking significant steps toward re-entering the international debt market as the Debt Management Office…
Nigeria’s Economic Gains Face Tough Test as Inflation, Debt and Election Risks…
Nigeria entered 2026 on a relatively strong footing, buoyed by a recovering naira, easing inflationary pressures…
Nigeria Stock Market Records Historic N13.3 Trillion Loss in June as Investor…
Nigeria’s stock market experienced its worst month on record in June 2026, with investors losing a staggering…
Fuel Pricing Reform Takes Center Stage as FG Moves to Protect Nigerians from…
The Federal Government has announced fresh efforts to address growing concerns over fuel pricing in Nigeria,…
Nigeria’s Money Market Set for N500bn Liquidity Boost as OMO Bills Mature
Nigeria’s money market is expected to receive a significant boost this week as approximately N500 billion from…
Ethiopia Secures Landmark $1 Billion Bond Restructuring Deal as Investor…
Ethiopia has taken a major step toward resolving its long-running debt crisis after reaching a preliminary…
Nigeria’s Oil Windfall Has an Expiry Date as Experts Warn of Looming Revenue Risks
Nigeria’s recent surge in oil revenue may appear to signal a stronger economic outlook, but analysts are warning…
DMO unveils N4 trillion FGN Bond auction plan for Q3 2026
Nigeria’s Debt Management Office (DMO) has announced an ambitious Federal Government of Nigeria (FGN) Bond issuance…
FEC Approves $2.9 Billion Financing Package to Boost Transport, Agriculture, Power…
The Federal Executive Council (FEC) has approved a massive financing package worth approximately $2.96 billion,…
Nigeria Gas Flaring Rises 8% as Global Waste of Natural Gas Hits Six-Year High
Global gas flaring surged to its highest level in six years in 2025, with Nigeria recording an eight per cent…
Nigerian Stock Market Adds N46.6 Trillion in H1 2026 as Investor Confidence Soars
The Nigerian stock market delivered an exceptional performance in the first half of 2026, with investors gaining a…