U.S. Oil Export Surge Under Scrutiny as Gas Prices Jump Across All 50 States
The United States is facing growing scrutiny over its rising oil and fuel exports as gasoline prices climb sharply…
Naira Exchange Rate Strengthens Against US Dollar, Nears N1,350 Mark Amid Market…
The Nigerian naira continued its upward movement against the US dollar in the official foreign exchange market on…
Tier-One Banks Post N14.9 Trillion Earnings in 2025 as Interest Rate Pressures…
Nigeria’s four major tier-one banks—Access Holdings, Zenith Bank, Guaranty Trust Holding Company (GTCO), and United…
$1 Trillion Economy: Tinubu Courts Global Investors in Paris, Cites 11.2% GDP…
President Bola Tinubu has engaged global investors in Paris, France, where he spotlighted Nigeria’s ongoing…
Nigerian Banks Earn N18.2tn in 2025 Despite Profit Decline Amid Loan Losses and…
Nigeria’s biggest banks posted a mixed financial performance in 2025, as strong revenue growth and expanding…
Nikkei 225 Tops 62,000 for First Time as Asia Markets Rally Despite Trump’s Iran…
Asian markets recorded a strong surge on Thursday, with Japan’s benchmark Nikkei 225 index breaking a major…
NGX Market Rally Adds N629bn as Airtel Africa, 46 Stocks Drive Strong Bullish…
The Nigerian Exchange Limited (NGX) closed on a positive note as investor confidence strengthened, pushing the…
Nigerian Stock Market Rebounds as Investors Drive N629bn Gain Amid Fresh Buying…
The Nigerian equities market closed on a positive note as renewed buying interest pushed overall market performance…
LBIC Reports 43% Profit Surge, Targets Capital Expansion and Digital Mortgage…
Lagos Building Investment Company (LBIC) Plc has posted a strong financial performance, recording a 43 per cent…
Nigeria, Others Poised to Lead Africa’s $65bn Digital Finance Boom by 2030—BCG…
Africa’s financial technology sector is on track for massive expansion, with revenue expected to reach about $65…
Food Prices in Nigeria Rise and Fall in March 2026, NBS Reports Mixed Trends
Fresh data from the National Bureau of Statistics (NBS) shows a mixed pattern in food prices across Nigeria in…
Oil Prices Drop 11% as US–Iran Peace Deal Nears, Easing Global Supply Fears
Global oil prices experienced a sharp decline on Wednesday as Brent crude dropped about 11 percent, slipping below…
Dangote Refinery Exports Over 57 Million Barrels of Jet Fuel as Global Demand…
Dangote Petroleum Refinery has exported an estimated 57 million barrels of jet fuel between April 2024 and April…
FMDA projects N10.53 trillion inflows in May on heavy OMO maturities
Nigeria’s fixed income market is expected to experience a major liquidity boost in May 2026, with projected inflows…
Dangote Group Targets Dollar Bond Sales to Fund Massive Expansion Drive
Dangote Industries Limited is ramping up plans to raise more funds from international investors as it…
Nigeria Eurobonds rally as yields fall below 8% for the first time
Nigeria’s sovereign Eurobonds have entered historic territory, with yields dropping below 8 percent across the…
Nigeria’s Mining Sector Attracts $2.6bn Investment in 30 Months – Shettima
Nigeria’s mining sector has attracted approximately $2.62 billion in investments over the past 30…
NGX Gains 0.41% as Airtel Africa Leads Rally, CWG Drives Market Activity
The Nigerian Exchange (NGX) closed trading on May 6, 2026, on a positive note, advancing by 0.41% to settle…
Naira Strengthens as FX Turnover Surges 59.2% at NFEM Window
The naira recorded a notable gain in the official foreign exchange market on Wednesday, supported by a sharp…
Nigeria DisCos Revenue Drops to N196bn in February 2026 Amid Power Supply Decline
Nigeria’s electricity distribution companies (DisCos) recorded a total revenue of N196 billion in February 2026,…
Nigeria Inflation Outlook: 7 Economists Predict Mixed Pressure Ahead of April NBS…
As Nigerians await the April inflation data from the National Bureau of Statistics (NBS), a survey of seven…
Dangote Refinery Reverses Petrol Price Hike, Returns Ex-Depot Rate to N1,275 per…
The Dangote Petroleum Refinery has reversed its earlier decision to increase the ex-depot price of Premium Motor…
Oil Prices Plunge Nearly 10% on US-Iran Deal Hopes as Global Markets Rally
Oil prices fell sharply on Wednesday, dropping close to 10%, as investors reacted to growing optimism that the…
Investor retreat drives Africa start-up funding to 13-month trough
Africa’s venture capital scene weakened further in April 2026 as investor caution deepened, pushing total start-up…
Egypt Inflation Eases to 14.9% Despite Oil Price Shocks and Middle East Tensions
Egypt’s inflation rate slowed in April 2026, offering a rare sign of relief for consumers after months of…
Samsung Crosses $1 Trillion Valuation as AI Boom Fuels Record 15% Stock Rally
Samsung Electronics has officially joined the elite trillion-dollar club, as its market valuation…
AI Job Loss Fears Overstated as Experts Push Back on Anthropic CEO’s Warning
Concerns over artificial intelligence replacing large numbers of entry-level white-collar jobs have sparked global…
Oil Prices Slide Below $100 as Trump Pauses Strait of Hormuz Escort Plan Amid…
Crude oil prices extended their decline on Tuesday after U.S. President Donald Trump announced a temporary pause in…
Crude Oil Offtake Stalls in Nigeria as Pricing Gaps Disrupt Local Refinery Supply…
Nigeria’s domestic refining sector is facing a major supply challenge as over 40.2 million barrels of crude…
Nigeria Crude Supply Gap Widens as Refineries Receive Only 36–46% of Allocated Oil…
Nigeria’s domestic crude oil supply chain is under renewed pressure after refineries received only 28.5 million…