Adidas Shares Surge 6% After Record 2025 Revenue Boosts European Stocks
European stocks opened higher on Friday, driven by strong corporate earnings and cautious optimism in global…
Ethos IPO Success: How the Sequoia-Backed Insurtech Survived Where Rivals Failed
Ethos Technologies, the San Francisco-based life insurance software provider, officially debuted on Nasdaq Thursday…
US Fed Holds Interest Rate at 3.5–3.75% to Stabilize Jobs and Tame Inflation
The United States Federal Reserve has decided to keep its benchmark interest rate steady at 3.5–3.75%, citing the…
FCMB Records N177bn Profit in 2025, Driven by Strong Lending and Fee Income
FCMB Group Plc has announced a remarkable profit after tax of N177 billion for the year ended December 31, 2025,…
FG’s N9tn Surge in Domestic Loans Crowds Out Private Sector Credit in 2025
Nigeria’s Federal Government sharply increased its domestic borrowing in 2025, drawing N9.19tn from financial…
BUA Foods Reports N508bn Profit After Tax in 2025, Marking 91% Growth
BUA Foods Plc has announced a remarkable N507.7 billion profit after tax for the year ended 31 December 2025,…
Nigeria Telecoms Regulator Removes 450 Illegal Boosters, Fines Operators N45…
The Nigerian Communications Commission (NCC) has stepped up efforts to improve telecom service quality by…
Nigeria Targets $30 Billion Trade with China by 2030 Through Strategic Partnership
Nigeria is setting its sights on a major expansion of trade with China, aiming for a bilateral trade volume of 350…
$21bn Capital Inflows Signal Nigeria’s Post-Oil Economic Turning Point
Nigeria may be entering a long-awaited phase of economic recovery, as fresh data points to a decisive shift away…
Fitch Downgrades Afreximbank to High Risk Over Ghana Debt Deal, Ends Rating…
Fitch Ratings has downgraded the African Export-Import Bank (Afreximbank) to a high-risk profile, citing concerns…
Naira Strengthens Below N1,400/$ as Official FX Market Records Fresh Gains
Nigeria’s naira has broken below the N1,400-to-the-dollar threshold on the official foreign exchange market…
NGX Market Capitalisation Rises by N232bn on Improved Investor Sentiment
The Nigerian Exchange (NGX) closed trading on Thursday, January 29, 2026, on a positive note as renewed investor…
AfCFTA SG: How Africa Can Thrive in the New Global Economy
The global economic landscape is undergoing a profound transformation, with rising protectionism and trade barriers…
Nigeria Eyes $400 Billion Commodities Market Through UAE-LCFE Partnership
Nigeria is positioning itself as a key gateway to Africa’s $1 trillion commodities market, aiming to capture $400…
Reforms and Price Transparency Set to Transform Nigeria’s Markets in 2026 – NGX…
Nigeria’s capital markets are poised for a stronger, more transparent future in 2026, thanks to ongoing…
Multi-Trex Secures NGX Approval to Boost Public Shareholding
Multi-Trex Integrated Foods Plc has received a regulatory nod from the Nigerian Exchange (NGX) to take steps toward…
S&P 500 Futures Steady as Investors Digest Fed Rate Hold and Tech Earnings
S&P 500 futures held steady Wednesday evening as investors weighed a mix of Federal Reserve signals and…
NNPC Petrol Price Increase: Lagos Rises to N835, Abuja to N839 Amid Market Forces
The Nigerian National Petroleum Company (NNPC) Limited has increased petrol prices, with Lagos motorists now paying…
Nigeria Loses Billions Daily to Illegal Mining, Experts Warn
Nigeria is losing billions of naira every day to illegal mining and the underexploitation of non-oil resources, the…
Nigeria’s Top Startups Dominate 2025 Funding, Capturing 83% of Capital Inflows
Nigeria’s startup ecosystem in 2025 saw a striking concentration of investment, with a handful of companies…
NIPetE Symposium Highlights Innovation-Driven Future for Nigeria’s Energy Sector
Nigeria’s energy future is poised for transformation, as experts at the 2026 NIPetE Oil and Gas Symposium…
Nigeria’s 5G Reality Check: Half of 5G Device Users Still Lack Network Access
As Nigerians increasingly upgrade to 5G-enabled smartphones, a surprising digital paradox is emerging: around 50%…
South-West States Unveil N8.7tn 2026 Budget Focused on Capital Projects and…
The South-West states of Nigeria have proposed a combined budget of N8.7 trillion for 2026, with capital…
Nigerian Exchange Dips 549 Points, Clings to 165,000 Level Amid Mixed Market…
On Wednesday, January 28, 2026, the Nigerian Exchange (NGX) ended trading in negative territory, shedding 549.4…
PenCom Raises NSITF Retirees’ Pensions by 1,173% After 21-Year Freeze
The National Pension Commission (PenCom) has approved a historic 1,173% increase in pensions for retirees under the…
Nigeria Crude Oil Exports Set to Fall 14% in March Amid Bonga and Forcados…
Nigeria’s crude oil exports are expected to drop by about 14% in March 2026, falling to roughly 793,000 barrels per…
CBN Governor Cardoso Hosts British Investors to Boost Financial Sector Reforms
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Wednesday, January 28, 2026, welcomed a…
Nigeria Completes 60% of 90,000km Fibre Optic Rollout, Plans Two New Satellites
Nigeria has marked a major milestone in its digital infrastructure drive, completing 60 percent of its planned…
European Markets Open Higher as Earnings Super Thursday Drives Investor Focus
European markets opened higher on Thursday as investors turned their attention to a busy slate of corporate…
Tinubu Urged to Intervene as Nigeria Commodity Exchange Faces Imminent Collapse
Workers of the Nigeria Commodity Exchange (NCX) have appealed to President Bola Ahmed Tinubu to urgently intervene…