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Oil Price Drops to $83 as US–Iran Peace Deal Sparks Global Market Shift
Crude oil prices slid sharply on Monday, falling to around $83 per barrel after the United States and Iran signed a…
Nigeria Gas Production Hits 7.93bcf/d in May 2026 as Output Strengthens
Nigeria’s natural gas sector recorded a modest but steady growth in May 2026, with average daily production rising…
Nigeria’s Fuel Import Bill Crashes 96% to N87bn in Q1 2026
Nigeria's expenditure on fuel imports dropped sharply in the first quarter of 2026, signaling a significant shift…
United Capital Acquires 5% Stake in NGX Group, Signals Strong Confidence in…
United Capital Group has strengthened its foothold in Nigeria’s financial sector after acquiring a 5 percent equity…
Nigeria Inflation Rate Climbs to 15.93% in May as Rising Prices Continue to…
Nigeria's inflation rate rose to 15.93% in May 2026, highlighting the continued pressure of rising prices on…
Nigeria’s Corporate Giants Reap Reform Windfall as Cash Flows Surge 247% in Three…
Three years after President Bola Tinubu introduced sweeping economic reforms, Nigeria’s largest listed companies…
Nigeria Overtakes Morocco as Africa’s Second-Largest Stock Market Amid Record…
Nigeria has climbed to become Africa’s second-largest stock market, overtaking Morocco after a remarkable rally…
CBN Liquidity Tightening Sparks Rush into Short-Term Debt as Investors Chase High…
Nigeria’s financial markets are undergoing a sharp recalibration as the Central Bank of Nigeria intensifies its…
Nigerian Fixed-Income Market Surges to N1.06tn as Investors Rush Into Treasury…
Nigeria’s fixed-income market witnessed a dramatic surge in trading activity as total daily turnover climbed past…
Naira Slips Again as FX Liquidity Tightens, Loses N5.08 in a Week
The naira came under renewed pressure this week as weaker dollar supply in the foreign exchange market triggered…
Tinubu @ 3: Nigeria’s Stock Market Surges N130 Trillion Amid Economic Hardship and…
Nigeria’s stock market has delivered one of its most dramatic wealth surges in recent history, rising from about…
Nigeria Company Income Tax Falls to N1.37 Trillion in Q1 2026 as Collections…
Nigeria’s Company Income Tax (CIT) collections recorded a notable decline in the first quarter of 2026, as new data…
NGX Market Rally Adds N1.4 Trillion as Nigerian Stocks Push Capitalisation Above…
Nigeria’s equities market ended the week on a strong bullish note as investors collectively gained about N1.4…
Nigeria VAT Surges to N2.42 Trillion in Q1 2026 as Economy Strengthens Non-Oil…
Nigeria’s economy recorded a strong boost in non-oil revenue as Value Added Tax (VAT) collections climbed to N2.42…
IMF Urges Nigeria to Tax Fuel and Telecom Services to Boost Revenue
Nigeria may soon face renewed debates over taxation after the International Monetary Fund (IMF) recommended the…
NGX Gains 0.6% Weekly Despite Midweek Dip as Airtel, MTN, and First HoldCo Drive…
The Nigerian equities market closed the shortened trading week on a positive note, with the Nigerian Exchange (NGX)…
Nigeria VAT Collections Hit N2.42 Trillion in Q1 2026 as Tax Revenue Surges 17%
Nigeria’s Value Added Tax (VAT) revenue has recorded a strong start to 2026, rising to N2.42…
N279bn petrol cargoes arrive amid Dangote-NNPC legal battle
Six fuel-laden vessels valued at approximately N279 billion have begun arriving at Nigerian ports, intensifying…
CBN Proposes Stricter Banking Rules with New Ring-Fencing Guidelines for Financial…
The Central Bank of Nigeria (CBN) has introduced draft guidelines aimed at tightening oversight of banks and other…
New Nigeria Festival Targets $1 Trillion Economy Ambition with Innovation and…
Nigeria is set to take a bold step toward its long-term economic ambitions with the launch of the New Nigeria…
Nigeria Surpasses OPEC Oil Quota as Crude Production Hits 15-Month High
Nigeria has recorded its strongest crude oil production performance in over a year, surpassing its Organisation of…
FG Raises N4.68 Billion Through June Savings Bond as Investors Seek Safer Returns
The Federal Government of Nigeria has raised N4.678 billion through its June 2026 Savings Bond issuance,…
Nigeria’s Oil Production Climbs to 1.53 Million bpd, Highest Level Since July 2025
Nigeria’s oil production rose to an average of 1.53 million barrels per day (bpd) in May 2026, marking its highest…
Top 10 Best Performing Money Market Funds in Nigeria Deliver Over 20% Returns in…
Nigeria's money market fund sector continues to attract investors seeking safety, liquidity, and attractive…
Tinubu Not Nigeria’s Biggest Borrower, New Report Says as Debt Debate Intensifies
President Bola Tinubu is not Nigeria’s biggest borrower since Nigeria returned to democratic rule in 1999,…
Nigerians Expect Inflation to Ease in Six Months Despite Ongoing Price Pressures –…
Despite ongoing pressure on household budgets, Nigerians are beginning to believe that inflation may slow down in…
Nigeria’s Economic Reforms Gain IMF Backing as FG Pledges Sustained Policy Drive
The Federal Government has reaffirmed its commitment to sustaining ongoing economic reforms following a positive…
AfDB Pledges $86m to Boost Nigeria Agro-Industrial Zones as SAPZ Gains Fresh…
The African Development Bank (AfDB) has pledged $86 million to support Nigeria’s Special Agro-Industrial Processing…
FX Reforms Boost Global Naira Card Usage as Banks Raise Dollar Limits
Improved foreign exchange liquidity in Nigeria, driven by sweeping economic reforms, is reshaping how Nigerians use…
Nigerian Stock Market Gains N100bn as Bulls Extend Rally for Fourth Straight…
The Nigerian equities market maintained its upward momentum on Wednesday, extending its bullish run…