Browsing Category
Local
Nigeria Hits 185.7 Million Active Subscribers as Telcos Begin Compensation for…
Nigeria’s telecommunications sector has recorded another milestone, with active mobile subscriptions rising to…
Tier-1 Banks Drive N286tn Mobile Transactions as Fintech Advantage Narrows in…
Nigeria’s leading commercial banks have recorded a massive surge in digital activity, processing a combined…
Global Oil & Digital Shake-Up: UAE Exit from OPEC, Showmax Shutdown and Key…
This week’s global business landscape is shaping up with major developments across energy, media, and economic…
Naira Appreciates to N1,367/$ in Early May 2026 Trading as FX Market Stability…
The Nigerian naira opened the first trading session of May 2026 on a stronger note, appreciating to N1,367.5 per…
SWOOT Market Cap Surges to N142.79 Trillion, Commands 91.71% of NGX in April 2026…
Nigeria’s equities market extended its bullish momentum in April 2026, with Stocks Worth Over One Trillion (SWOOT)…
Seplat Energy Targets Production Boost as Yoho Platform Restart Nears Completion
Seplat Energy Plc is preparing for a major production increase in 2026 as it moves closer to restarting its Yoho…
NERC Shifts Electricity Complaints to State Regulators in 15 States
Nigeria’s power sector is entering a new phase as the Nigerian Electricity Regulatory Commission (NERC) has…
MTN Nigeria Faces N140bn Margin Threat as Diesel Hits N2,000/L, Accelerates Shift…
MTN Nigeria is facing mounting financial pressure as soaring diesel prices, now hovering around N2,000 per…
Global Asset Freeze Hits Nigerian Oil Trader Over $40m Debt Dispute
An English High Court has imposed a sweeping global asset freeze on Nigerian oil trader Abdulrahman Musa…
NGX Brokers Drive Record Market Rally as 10 Firms Dominate N949.9bn April Trades
Ten stockbroking firms dominated trading activity on the Nigerian Exchange (NGX) in April 2026, executing a…
Cardoso Urges Bank Directors to Strengthen Risk Management and Corporate…
Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, has called on bank directors and…
Nigeria Oil Revenue Windfall: BMI Projects N6.8 Trillion Gain as GDP Growth Hits…
Nigeria is expected to record a significant boost in oil earnings in 2026, with new projections suggesting an…
Nigeria to Gain FX Windfall as Crude Oil Surges Above $105 Amid Global Tensions
Nigeria is on track to record stronger foreign exchange inflows as global crude oil prices climb above $105 per…
NGX Market Cap Hits N155.9tn as Investors Gain N2.68tn Amid Industrial Stock Rally
The Nigerian Exchange (NGX) closed April 2026 on a historic high, with market capitalisation surging to N155.9tn as…
CBN to Raise N700 Billion via Treasury Bills Auction in May 2026 Amid Strong…
The Central Bank of Nigeria (CBN) has announced plans to raise N700 billion through its Nigerian Treasury Bills…
Nigeria’s Dollar GDP Rises 22% to $307bn in 2025 Amid Naira Gains and Economic…
Nigeria’s economy recorded a significant milestone in 2025 as its dollar-denominated gross domestic product…
Oil Price Surge Adds N5.13 Trillion Windfall to Nigeria’s Revenue, but Fuels…
Nigeria has recorded a major fiscal boost after a sharp rise in global crude oil prices pushed government…
Konga Tech Month 2026 Drives Digital Access with 50% Discounts, Starlink…
Konga has kicked off its highly anticipated Tech Month 2026 campaign, offering Nigerians discounts of…
Naira rebounds to N1,858/£1 amid improved FX inflows and market stability
The Nigerian naira has staged a modest recovery against the British pound, trading at N1,858/£1 in the official…
NGX Trading Hits N287bn as Market Capitalisation Surpasses N150trn
Nigeria’s stock market recorded a strong performance last week, with trading activity on the Nigerian…
Naira Gains Slightly as FX Liquidity Hits $10bn in April, Trade Activity Surges
The Nigerian naira closed April 2026 on a slightly stronger note, supported by improved liquidity in…
NGX Group Q1 2026 Profit Surges 140% to N5.98bn on Strong Trading Activity
The Nigerian Exchange Group Plc delivered an impressive financial performance in the first quarter of 2026,…
Seplat Energy Q1 Profit Jumps to N52.5bn as Company Declares Dollar Dividend
Seplat Energy Plc has kicked off 2026 on a strong note, reporting a post-tax profit of N52.5 billion for the first…
NNPC Completes OB3 River Niger Crossing, Unlocks 2bcf/d Gas Capacity
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced the successful completion of the River…
MTN Nigeria Profit Surges to N355.5bn as Data and Fintech Revenue Drive Strong Q1…
MTN Nigeria Communications Plc has reported a strong start to 2026, more than doubling its profit after tax to…
Naira Ends Losing Streak as FX Liquidity Improves, Trades at N1,379/$ Amid…
The Nigerian naira staged a mild recovery in the official foreign exchange market on Wednesday, breaking a…
Dangote Cement Posts N421.1bn Q1 Profit as Revenue Crosses N1.19 Trillion
Dangote Cement Plc has started 2026 on a strong note, reporting a profit before tax of N421.1 billion in…
Naira Strengthens Slightly Against Dollar as FX Turnover Surges in Nigerian…
The Nigerian naira recorded a modest gain against the US dollar on Wednesday, supported by a notable rise in…
NGX crosses N150 trillion market cap as equities surge N5.55 trillion in…
The Nigerian equities market delivered a historic performance on Wednesday as the Nigerian Exchange Group (NGX)…
NGX Targets Deeper Market Growth as Shareholders Approve N2 Dividend, Bonus Shares
The Nigerian Exchange Limited (NGX) has reaffirmed its ambition to drive deeper capital market growth, strengthen…