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Market News Nigeria
Business

Aradel Records Record N401 Billion Profit as Oil Investments Pay Off

Feb 5, 2026 0
Business

Nigeria’s Net Forex Inflow Drops 18.3% to $48.1bn in 9 Months Amid…

Energy

Nigeria Must Prioritize Cybersecurity to Protect Renewable Energy…

Business

Indigenous Oil Firms Dominate Nigeria’s Production After 70 Years of…

Local

Nigeria Active Telephone Users Reach 179.6 Million as Data Consumption…

Business

Africa’s Green Energy Future Hinges on Skilled Project Managers – PMI Warns

Nov 12, 2025 0
The Project Management Institute (PMI) has cautioned that Africa’s ambition to lead in the global green energy…
Local

ALTON Flags Regulatory Conflicts in Nigeria’s National Digital Economy Bill 2025

Nov 11, 2025 0
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has raised concerns over potential…
International

Wikipedia Urges AI Companies to Stop Scraping and Use Paid API to Support Its…

Nov 11, 2025 0
Wikipedia is taking a clear stance on how artificial intelligence companies should access its vast repository of…
Business

Summit Bank Unveils Ethical Banking Vision to Promote Inclusive Financial Growth…

Nov 11, 2025 0
Nigeria’s newest non-interest financial institution, Summit Bank Ltd, has reaffirmed its commitment to delivering…
Local

Tinubu to Sign National Digital Economy Bill into Law This Week, Boosting…

Nov 11, 2025 0
President Bola Ahmed Tinubu is set to sign the National Digital Economy and E-Governance Bill 2025 into law this…
International

European Stocks Rise as Swiss Shares Surge on Hopes of U.S. Tariff Reduction

Nov 11, 2025 0
European markets extended their gains on Tuesday as optimism grew over a possible reduction in U.S. tariffs,…
Business

ASO Savings Leads Gainers as Nigerian All-Share Index Falls Below 149,000 Points

Nov 11, 2025 0
The Nigerian stock market closed lower on Monday, November 10, as the All-Share Index (ASI) slipped by 742.91…
Local

Nigerian Companies Announce Q3 2025 Dividends Totaling N234.9 Billion

Nov 11, 2025 0
Nigeria’s equity market saw a strong wave of dividend announcements in the third quarter of 2025, with twelve…
Business

Experts Urge Productive Investments as Key to Nigeria’s Eurobond Repayment

Nov 11, 2025 0
Nigeria’s recent $2.35 billion Eurobond issuance, its largest in four years, has reignited discussions on the…
Local

Nigeria’s FX Inflows Hit Five-Month High as Investor Confidence Surges

Nov 11, 2025 0
Nigeria’s foreign-exchange (FX) market recorded a remarkable rebound in October, reaching a five-month high as both…
Finance

Nigeria Debt Hits N91.99 Trillion as Investors Brace for Higher Interest Rates

Nov 11, 2025 0
Nigeria’s total debt surged to N91.99 trillion last week as investors sold off bonds and Treasury bills in…
Business

Tinubu Orders Siemens Energy to Upgrade Major Power Substations to Three Phases

Nov 11, 2025 0
President Bola Tinubu has directed Siemens Energy to expand Nigeria’s major power substations from two to three…
Business

LemFi Esewa Remittance Partnership Approved by Nepal Central Bank to Boost Money…

Nov 11, 2025 0
LemFi, through RightCard Payment Services Limited, has secured approval from Nepal Rastra Bank, the Central Bank of…
Business

Nigeria Crude Oil Earnings Drop by N824.66 Billion in 2024 Despite Revenue Growth

Nov 11, 2025 0
Nigeria’s crude oil and gas sector experienced a significant decline in profitability in 2024, with gross earnings…
Local

AI in Africa: How Kora’s Sundown Sessions is Shaping the Continent’s Digital…

Nov 11, 2025 0
Lagos recently played host to a landmark event that is sparking conversations about Africa’s digital future. Kora,…
Technology

French Tech Startups Raise €6 Billion in 2025 Amid Growing Global Innovation

Nov 11, 2025 0
French tech startups have achieved a remarkable milestone in 2025, raising €6 billion from January to September,…
Business

Nigerian Stocks Fall as Profit-Taking Wipes Out ₦471.99bn — NGX Opens Week on…

Nov 11, 2025 0
The Nigerian stock market opened the week on a bearish note, with the Nigerian Exchange Limited (NGX) recording a…
Business

European Stocks Rise as U.S. Government Shutdown Nears Resolution

Nov 11, 2025 0
European markets opened higher on Tuesday as hopes grew that the prolonged U.S. government shutdown could soon be…
Business

Crucial Things to Consider When Buying Shares in Nigeria’s Stock Market

Nov 11, 2025 0
Investing in stocks remains one of the most powerful ways to build wealth, but it requires strategy, discipline,…
Business

Dangote Refinery’s Price Slash May End Petrol Imports in Nigeria as Marketers…

Nov 11, 2025 0
Nigeria’s petroleum market is bracing for a major shift as marketers consider halting petrol imports following a…
Business

Nigerian Banks Earn Record N14.7tn Interest Income in Nine Months Amid High-Rate…

Nov 11, 2025 0
Nine of Nigeria’s biggest banks collectively earned a staggering ₦14.7 trillion in interest income between January…
Business

Lagos State Launches N214.8bn Bond to Fund Infrastructure and Green Projects

Nov 10, 2025 0
Lagos State has officially launched a dual bond offering worth N214.8 billion, marking its largest capital market…
Business

European Markets Rally as U.S. Government Shutdown Hopes Boost Investor Confidence

Nov 10, 2025 0
European markets opened sharply higher on Monday, driven by growing optimism that a U.S. government shutdown could…
Business

Nigeria Seeks $500 Million World Bank Loan to Boost MSME Financing

Nov 10, 2025 0
The Federal Government of Nigeria has formally requested a $500 million loan from the World Bank to improve…
Business

Dollar Inflows Into Nigeria Jump 62% in October, Boosting Investor Confidence

Nov 10, 2025 0
Nigeria’s foreign exchange market recorded a major rebound in October as total dollar inflows into Nigeria climbed…
Local

Nigeria, IMF Strengthen Partnership on Economic Reforms and 2026–2030 Growth Plan

Nov 10, 2025 0
Nigeria has reaffirmed its commitment to evidence-based policymaking and inclusive economic transformation as the…
Business

Nigeria’s Crude Oil Earnings Plunge 43% Despite Production Rebound

Nov 10, 2025 0
Nigeria’s crude oil and gas profits dropped sharply by 43 per cent in 2024, falling to ₦1.08 trillion from ₦1.9…
Business

HEDA Urges Tinubu to Suspend 15% Fuel Import Tariff Amid Worsening Economic…

Nov 10, 2025 0
The Human and Environmental Development Agenda (HEDA Resource Centre) has urged President Bola Ahmed Tinubu to…
International

Meta Earns $7 Billion Annually from Scam Ads, Internal Report Reveals

Nov 10, 2025 0
Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, is under fire following revelations…
Technology

OpenAI Urges Expansion of Chips Act Tax Credit to Support AI Data Centers

Nov 10, 2025 0
OpenAI is pushing the federal government to expand the Chips Act’s tax incentives beyond semiconductor…
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Nigeria PMI Falls Below 50 in January as New Orders Stall

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NIGERIA

Business

Nigeria Adds 10.3 Million New Phone Users as Teledensity Rises to 82.8%

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Business

CBN Reforms and Rising Oil Prices Boost Nigeria’s FX Outlook

Feb 5, 2026
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World

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

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Oct 2, 2024

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