Nigerian Stocks Surge: NGX All-Share Index Hits Historic 155,645 as Industrial and Telecom Giants Lead Gains
The Nigerian stock market closed the week ended October 24, 2025, on a historic high, with the All-Share Index (ASI)…
Category: Local
Nigeria Sees $50 Billion in Cryptocurrency Transactions as Traditional Market Struggles – SEC Reports
Nigeria processed over $50 billion in cryptocurrency transactions between July 2023 and June 2024, highlighting the growing sophistication and risk…
NGX Surges 4.48%, Adds N4.32 Trillion in Weekly Gains Amid Renewed Investor Optimism
Investors sent the Nigerian Exchange Limited (NGX) soaring this week, driving a 4.48% rise in the market and adding a…
Abbey Mortgage Bank Reports N1.45bn Profit in Nine Months, Earnings Surge 56% YoY
Abbey Mortgage Bank Plc has announced a robust profit after tax of N1.45 billion for the nine months ending September…
Africa Prudential Reports 53% Profit Surge in Nine Months, Boosted by Core Registrar Growth
Africa Prudential Plc, a leading provider of share registration services and capital market solutions, has recorded a remarkable 53% increase…
Forex Traders in Survival Mode as CBN Halts Dollar Supply to BDCs
Bureau De Change (BDC) operators across Nigeria are struggling to keep their businesses afloat as the Central Bank of Nigeria…
Dangote Refinery Expansion to 1.4 Million BPD Begins, Promises Stable Fuel Supply This Festive Season
Africa’s richest man, Aliko Dangote, has officially kicked off the expansion of the Dangote Petroleum Refinery in Lagos, aiming to…
BoG Hikes Forex Bureau Licence Renewal Fees by 150% to Strengthen Oversight-Ghana
The Bank of Ghana (BoG) has announced a significant increase in the biennial licence renewal fees for foreign exchange bureaux,…
SEC Boss Agama Decries $5.5m Daily Gambling Spend as Nigerians Shun Capital Market
Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has expressed deep concern over Nigerians’ preference for gambling…
NGX Group Redefines Market Leadership with Social Impact, Technology, and Sustainability Under Temi Popoola
In a time when many corporations talk about social responsibility without tangible results, the Nigerian Exchange Group (NGX Group) is…
Nigerian Breweries Grows Turnover to ₦1.04 Trillion in Q3 2025, Completes Distell Nigeria Integration
Nigerian Breweries Plc has recorded a strong rebound in performance, growing its turnover by 48 percent to ₦1.04 trillion in…
Nigeria Records Over $50 Billion in Crypto Transactions Amid Weak Capital Market Participation — SEC
Nigeria’s cryptocurrency market has witnessed explosive growth, with more than $50 billion worth of digital asset transactions conducted between July…
Naira Strengthens 9.16% in Six Months as Nigeria Exits FATF Grey List and Reforms Boost Investor Confidence
Nigeria’s currency, the naira, has gained 9.16 percent against the U.S. dollar over the past six months, rising from ₦1,605…
Nigeria Energy Conference 2025 to Drive Investments and Reforms for a Sustainable Power Future
The 12th edition of the Nigeria Energy Exhibition and Conference is set to return to Lagos from October 28th to…
Wild Fusion Digital Centre launches certified ethical hacking course to battle Nigeria’s cybersecurity talent gap
Wild Fusion Digital Centre (WDC), Nigeria’s leading provider of practical tech and digital marketing training, has unveiled its latest program…
Google Play Teams Up with Verve for VerveLife 8.0: Africa’s Biggest Fitness and Tech Experience
Africa’s leading payment card brand, Verve, is taking its annual fitness festival, VerveLife, to new heights with Google Play joining…
CBN Injects $1.25 Billion into Fuel Imports Despite Dangote Refinery Output
The Central Bank of Nigeria (CBN) has released a total of $1.25 billion to support the importation of petroleum products…
Nigeria Exits FATF Grey List: CBN Pledges to Deepen Financial Reforms and Boost Investor Confidence
The Central Bank of Nigeria (CBN) has pledged to strengthen ongoing financial reforms after Nigeria’s successful removal from the Financial…
Dangote Group Denies Link to Fatal Ondo Truck Accident, Clarifies Vehicle Ownership
The Dangote Group has officially denied any connection to the truck involved in Wednesday’s tragic accident in Akungba-Akoko, Akoko South-West…
Nigeria Poised to Achieve Gas Flare-Out by 2030, Says NUPRC
Nigeria is making significant strides toward eliminating gas flaring by 2030, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced.…
Nigeria Imports 15 Billion Litres of Petrol Despite Dangote Refinery’s Rising Output
Nigeria imported nearly 15.01 billion litres of petrol between August 2024 and early October 2025, accounting for 69% of the…
Nigeria to Seek OPEC Approval for 2 Million Barrels Daily Oil Quota as Output Surges Past 1.7m bpd
Nigeria is set to request the Organisation of Petroleum Exporting Countries (OPEC) to approve an increase in its oil production…
Marketers Accuse Dangote Refinery of Withholding Paid Fuel Amid Rising Petrol Prices
Petroleum marketers have accused the Dangote Refinery of failing to supply petrol weeks after receiving full payments, raising concerns about…
Sustainable Finance Redefines Investment Landscape, Says SEC DG Emomotimi Agama
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized that the global shift toward sustainable…
Ghanaian Pension Funds Turn to Private Equity for Growth as Market Reforms Unlock New Opportunities
Ghana’s pension industry is undergoing a major transformation as more fund managers turn their attention toward private equity to drive…
FCMB Group Showcases Strong Digital Growth and Diversified Investments to Attract New Investors
FCMB Group Plc has showcased its robust performance and innovation-driven strategy during its “Facts Behind the Offer” presentation at the…
Dangote Plans to List 10% Stake in $20bn Refinery on NGX to Attract Global Investors
Africa’s richest man, Aliko Dangote, has revealed plans to sell between five and 10 percent of the Dangote Petroleum Refinery…
Ghana’s Producer Price Inflation Edges Up to 3.2% in September Amid Modest Industrial Gains
Ghana’s producer price inflation (PPI) rose slightly to 3.2% in September 2025, according to the Ghana Statistical Service (GSS). This…
Nigeria’s Economic Reforms Power NGX to Record High, ASI Crosses 153,000 Points
Nigeria’s stock market surged to new heights this week as sweeping economic reforms and renewed investor optimism continued to fuel…