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Market News Nigeria
Business

Petrol Imports Surge 59.5% in May as Nigeria Balances Local Refining Growth and Fuel Demand

Jun 18, 2026 0
Business

Stock Futures Rebound After Fed Shock Sell-Off as Intel Surges on…

investment

Nigeria Secures $3bn Solid Minerals Investment Inflow as Mining…

Finance

Nigeria’s Foreign Reserves Surge Past $50bn, Add $1.01bn in Two Weeks…

Technology

Anthropic Joins Frontier Carbon Removal Coalition in Landmark $915M…

Finance

Trump-Backed Crypto Firm Plans Stablecoin Audit and New App Amid Token Trade…

Jun 26, 2025 0
World Liberty Financial (WLF), the cryptocurrency platform backed by U.S. President Donald Trump, is planning to…
Business

China’s Biren Technology Secures $207 Million, Eyes Hong Kong IPO Amid Chip Race

Jun 26, 2025 0
Biren Technology, a Chinese artificial intelligence (AI) chip startup, has raised 1.5 billion yuan (approximately…
International

Half of Global Companies Pay Ransom as Cyber Threats Surge: Sophos 2025 Report

Jun 26, 2025 0
Nearly 50 percent of global companies opted to pay ransoms in 2025 following ransomware attacks, according to…
Local

AI Investment Crucial for Ghana’s Digital Future, Says Mpontu CEO

Jun 26, 2025 0
The CEO of Mpontu Technologies, Stephane Nwolley, has urged the Ghanaian government to prioritize strategic…
Local

NGX Soars by N1.18tn as Oando, Banking, and Consumer Stocks Fuel Bullish Momentum

Jun 26, 2025 0
The Nigerian Exchange (NGX) experienced a significant surge on Wednesday, June 26, 2025, with the market…
Business

Nigerian, Kenyan, Rwandan Startups Lead Google’s Africa AI Accelerator 2025

Jun 26, 2025 0
Google has announced the 15 startups selected for the ninth edition of its Google for Startups Accelerator:…
International

Meta Wins Copyright Battle Over AI Training; Judge Cites Weak Author Arguments

Jun 26, 2025 0
Meta Platforms has won a significant legal victory in a U.S. federal court after a judge ruled against a group of…
International

Microsoft Faces Lawsuit Over Alleged Use of Pirated Books to Train AI Model…

Jun 26, 2025 0
Microsoft is facing a lawsuit from a group of authors who allege the tech giant used pirated copies of their books…
Macroeconomic

Investors Brace for Summer Market Volatility Amid Geopolitical and Trade Risks

Jun 26, 2025 0
As summer trading volumes typically thin out, global investors are preparing defensively against a potential…
Business

SEC Urges Nigerians to Harness Demographic Dividend for Economic Growth and…

Jun 26, 2025 0
The Securities and Exchange Commission (SEC) has called on Nigerians to take advantage of the country’s youthful…
Business

Nigeria’s $5 Billion Startup Dream Faces Setback Amid Economic, Regulatory…

Jun 26, 2025 0
Nigeria’s ambition to raise $5 billion in startup funding by 2027 is looking increasingly unrealistic as…
Business

Naira Strengthens Below N1,600/$ as U.S. Dollar Hits 3-Year Low Amid Global…

Jun 26, 2025 0
The Nigerian naira gained ground against the U.S. dollar, breaking below the N1,600/$ threshold in the black…
Business

Africa Sets Sights on $712 Billion Digital Trade Boom by 2035 with AfCFTA

Jun 25, 2025 0
Africa is strategically aligning itself to tap into a projected $712 billion digital trade market by 2035 through…
International

U.S. Lawmakers Introduce Bipartisan Bill to Ban Chinese AI Models in Government…

Jun 25, 2025 0
A bipartisan group of U.S. lawmakers has introduced the "No Adversarial AI Act", a bill aiming to prohibit U.S.…
Africa

Cardoso Champions ‘African-Led, African-Owned’ Development at…

Jun 25, 2025 0
At the 32nd Annual Meeting of the African Export-Import Bank (Afreximbank) in Abuja, Central Bank of Nigeria (CBN)…
Local

BREAKING: INEC Receives 110 Applications For New Political Parties

Jun 25, 2025 0
The Independent National Electoral Commission (INEC) has announced it has received letters of intent from 110…
International

Gartner Warns Over 40% of Agentic AI Projects Will Be Abandoned by 2027 Amid High…

Jun 25, 2025 0
More than 40% of current agentic artificial intelligence (AI) projects will be discontinued by the end of 2027,…
Business

NGX Surges as Market Capitalisation Gains N764bn Amid Broad-Based Rally

Jun 25, 2025 0
The Nigerian Exchange Limited (NGX) witnessed a robust rally on Tuesday, continuing its bullish momentum as market…
Business

DMO Finalises Oversubscribed N100bn Bond Auction to Support 2025 Budget

Jun 25, 2025 0
The Debt Management Office (DMO) of Nigeria is set to finalise and settle a N100 billion bond issuance today, June…
Business

Pension Assets Rise to ₦23.33 Trillion in Q1 2025 as FG Clears ₦1.2 Trillion in…

Jun 25, 2025 0
In the first quarter of 2025, Nigeria’s pension assets grew by ₦820 billion, bringing the total to ₦23.33 trillion…
Business

SEC’s Tenure Limits Spark Succession Anxiety Among CEOs, Directors

Jun 25, 2025 0
The Securities and Exchange Commission (SEC) of Nigeria has issued a new directive limiting the tenure and…
Local

CBN Blames Governors and Lawsuits for Delay in N85bn Healthcare Project Across 774…

Jun 25, 2025 0
The Central Bank of Nigeria (CBN) has attributed the delay in completing a nationwide healthcare project to…
Macroeconomic

Over 90% of Nigeria’s Dollar Liquidity Is Off the Books, Say BDC Operators

Jun 25, 2025 0
Bureau De Change (BDC) operators in Nigeria have revealed that more than 90% of the country’s foreign exchange…
Business

Treasury yields hold steady as investors monitor Israel-Iran ceasefire

Jun 25, 2025 0
U.S. Treasury yields remained relatively stable on Wednesday as investors monitored geopolitical tensions…
Business

Xero Acquires U.S. Fintech Melio for $2.5 Billion in Major U.S. Expansion Push

Jun 25, 2025 0
New Zealand-based accounting software giant Xero has announced a $2.5 billion acquisition of U.S. payments…
Business

OpenAI CEO Altman Discusses Future with Microsoft Amid Investment Talks and…

Jun 25, 2025 0
OpenAI CEO Sam Altman revealed in a recent New York Times podcast that he held discussions with Microsoft CEO…
International

Asia Stocks Rise, Dollar Slips as Israel-Iran Ceasefire Boosts Market Optimism

Jun 25, 2025 0
Asian stock markets inched upward on Wednesday following a tentative ceasefire between Israel and Iran, restoring…
Business

Bullish Momentum Continues as NGX Market Capitalisation Surpasses N75 Trillion

Jun 25, 2025 0
The Nigerian Exchange (NGX) continued its bullish run as the market capitalisation surged past N75 trillion,…
Local

Nigeria Sets Ambitious Goal to Achieve 95% Digital Literacy by 2030

Jun 25, 2025 0
The Federal Government of Nigeria has declared its strong commitment to achieving 95% digital literacy by 2030, a…
Technology

Nigerian AI-inclined startups dominate Google’s new program

Jun 25, 2025 0
Google has unveiled the ninth edition of its Google for Startups Accelerator: Africa program, spotlighting 15…
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Recent Posts

AI Will Cause Labour Shortage, Not Job Losses – Jeff Bezos…

Jun 18, 2026

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Jun 18, 2026

Nigeria’s Oil Boom Pushes Current Account Surplus to $4.98bn…

Jun 18, 2026

Starlink Dominates African Internet Speeds in 22 Markets,…

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Prev Next 1 of 6,266

NIGERIA

Business

Oil Prices Crash by Over $7 Per Barrel as Brent Drops Below $80 Amid Global Easing Tensions

Jun 18, 2026
Business

Nigerian Stocks Pull Back After 55% Rally as NGX Enters Healthy Consolidation Phase

Jun 18, 2026
Business

DMO Raises N1.49 Trillion in Treasury Bills Auction as Investors Flood Market Amid Rising Yields

Jun 18, 2026
Business

33% Interest Rate Crisis Threatens Nigeria’s $1tr Economy Ambition, Telcos Warn

Jun 18, 2026
Prev Next 1 of 3,207

World

European Markets Rise as UK Political Uncertainty and…

May 14, 2026

UN Warns Trump Against Iran Strikes as Deadline Nears:…

Apr 7, 2026

Saudi warns of $50 oil if OPEC+ fails to honour cut deal

Oct 3, 2024
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