European Stocks Mixed as Iran War Tensions Weigh on Market Sentiment
European stocks opened mixed on Tuesday as investors reacted cautiously to rising geopolitical tensions linked to the Iran conflict, which…
SWOOT Market Cap Surges to N142.79 Trillion, Commands 91.71% of NGX in April 2026 Rally
Nigeria’s equities market extended its bullish momentum in April 2026, with Stocks Worth Over One Trillion (SWOOT) strengthening their grip…
Seplat Energy Targets Production Boost as Yoho Platform Restart Nears Completion
Seplat Energy Plc is preparing for a major production increase in 2026 as it moves closer to restarting its Yoho…
NERC Shifts Electricity Complaints to State Regulators in 15 States
Nigeria’s power sector is entering a new phase as the Nigerian Electricity Regulatory Commission (NERC) has asked electricity consumers in…
MTN Nigeria Faces N140bn Margin Threat as Diesel Hits N2,000/L, Accelerates Shift to Gas
MTN Nigeria is facing mounting financial pressure as soaring diesel prices, now hovering around N2,000 per litre, threaten to erase…
Global Asset Freeze Hits Nigerian Oil Trader Over $40m Debt Dispute
An English High Court has imposed a sweeping global asset freeze on Nigerian oil trader Abdulrahman Musa Bashar after he…
NGX Brokers Drive Record Market Rally as 10 Firms Dominate N949.9bn April Trades
Ten stockbroking firms dominated trading activity on the Nigerian Exchange (NGX) in April 2026, executing a combined N949.899 billion in…
South Korean Stocks Hit Fresh Record After Historic Rally as Global Markets React to Middle East Tensions
South Korean stocks surged to a fresh all-time high on Monday, extending a powerful momentum that followed their strongest monthly…
East Africa Investment Inflows Hit $4.1bn as Reforms Boost Capital Growth Across Region
East Africa has recorded a significant surge in foreign and domestic investment, pulling in about $4.1 billion between 2021 and…
Foreign Borrowing Rises as 32 Nigerian States and FCT Add Nearly $1 Billion in New External Debt
Nigeria’s subnational governments increased their reliance on foreign borrowing in 2025, as 32 states and the Federal Capital Territory (FCT)…
Cardoso Urges Bank Directors to Strengthen Risk Management and Corporate Governance After Recapitalisation
Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, has called on bank directors and corporate leaders to…
Nigeria Oil Revenue Windfall: BMI Projects N6.8 Trillion Gain as GDP Growth Hits 4.4% in 2026
Nigeria is expected to record a significant boost in oil earnings in 2026, with new projections suggesting an additional N6.8…
Big Oil Returns to Canada as Energy Crunch Reshapes Global Supply Chains
After nearly a decade of divestment, major oil companies are once again turning their attention to Canada’s oil and gas…
Best AI Dictation Apps in 2026: Ranked Tools for Faster, Smarter Voice-to-Text Writing
AI dictation tools have rapidly evolved from clunky voice-to-text systems into smart writing assistants powered by large language models. In…
Nigeria to Gain FX Windfall as Crude Oil Surges Above $105 Amid Global Tensions
Nigeria is on track to record stronger foreign exchange inflows as global crude oil prices climb above $105 per barrel,…
NGX Market Cap Hits N155.9tn as Investors Gain N2.68tn Amid Industrial Stock Rally
The Nigerian Exchange (NGX) closed April 2026 on a historic high, with market capitalisation surging to N155.9tn as investors collectively…
Nigeria Pushes for Fairness in Global Net-Zero Shipping Drive at IMO Talks
Nigeria has urged the international maritime community to ensure fairness and equity as the global shipping industry moves toward net-zero…
CBN to Raise N700 Billion via Treasury Bills Auction in May 2026 Amid Strong Investor Demand
The Central Bank of Nigeria (CBN) has announced plans to raise N700 billion through its Nigerian Treasury Bills (NTBs) auction…
OPEC+ Approves 188,000 bpd Oil Production Increase Amid UAE Exit and Market Uncertainty
OPEC+ has agreed to increase oil production by 188,000 barrels per day (bpd) starting in June, even as the United…
Nigeria’s Dollar GDP Rises 22% to $307bn in 2025 Amid Naira Gains and Economic Recovery
Nigeria’s economy recorded a significant milestone in 2025 as its dollar-denominated gross domestic product (GDP) rose by 22 per cent…
Jet Fuel Price Drops to N1,820 as Dangote Offers Direct Airline Supply Amid Aviation Cost Crisis
The Dangote Petroleum Refinery has announced it will begin direct supply of aviation fuel to airlines in Nigeria at N1,820…
Oil Price Surge Adds N5.13 Trillion Windfall to Nigeria’s Revenue, but Fuels Rising Cost of Living
Nigeria has recorded a major fiscal boost after a sharp rise in global crude oil prices pushed government oil earnings…
Konga Tech Month 2026 Drives Digital Access with 50% Discounts, Starlink Partnership
Konga has kicked off its highly anticipated Tech Month 2026 campaign, offering Nigerians discounts of up to 50 percent on…
Naira rebounds to N1,858/£1 amid improved FX inflows and market stability
The Nigerian naira has staged a modest recovery against the British pound, trading at N1,858/£1 in the official market, according…
NGX Trading Hits N287bn as Market Capitalisation Surpasses N150trn
Nigeria’s stock market recorded a strong performance last week, with trading activity on the Nigerian Exchange (NGX) rising sharply to…
Naira Gains Slightly as FX Liquidity Hits $10bn in April, Trade Activity Surges
The Nigerian naira closed April 2026 on a slightly stronger note, supported by improved liquidity in the country’s foreign exchange…
NGX Group Q1 2026 Profit Surges 140% to N5.98bn on Strong Trading Activity
The Nigerian Exchange Group Plc delivered an impressive financial performance in the first quarter of 2026, posting a pre-tax profit…
Seplat Energy Q1 Profit Jumps to N52.5bn as Company Declares Dollar Dividend
Seplat Energy Plc has kicked off 2026 on a strong note, reporting a post-tax profit of N52.5 billion for the…
NNPC Completes OB3 River Niger Crossing, Unlocks 2bcf/d Gas Capacity
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced the successful completion of the River Niger crossing on the…
Nigeria tops Africa on Solana blockchain, attracts $162,000
Nigeria has strengthened its position in the global digital economy, emerging as the leading hub for Solana blockchain activity in…