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Market News Nigeria
Business

FG, World Bank Cancel $717.7 Million Power Sector Loan as Tariff Deficits Worsen

May 26, 2026 0
investment

VFD Group Eyes Pan-African Expansion After ₦50.67bn Rights Issue Boost

Business

Nigeria Receives $187.3m US Aid as Washington Tightens Funding…

Business

Nigeria Private Sector Credit Declines by N14 Trillion Despite CBN…

Business

Alaoji Power Plant Restored: NDPHC Revives 450MW Facility Amid Nigeria…

World

Coronavirus: US Asks Foreign Doctors To Apply For Visa

Mar 27, 2020 0
The United States has asked medical professionals seeking to work in America to apply for a work visa at the…
Business

European Shares Fall As EU Postpones Rescue Plan

Mar 27, 2020 0
The pan-European STOXX 600 index started the day about 2% lower, then fell further to trade down 3.7% at 1210 GMT…
Business

Dangote Loses $2.5bn In One Month But Remains Africa’s Richest Man

Mar 27, 2020 0
Africa's richest man, Aliko Dangote, saw his total net worth drop by $2.5bn in the last 30 days, according to…
Local

Coronavirus: Air France-KLM Evacuates European Nationals From Nigeria

Mar 27, 2020 0
An aircraft operated by Air-France KLM on Thursday arrived at the Murtala Muhammed International Airport, Lagos to…
Local

CBN Grants Two-Weeks Market Holidays To Bureau De Change Operators

Mar 27, 2020 0
The Central Bank of Nigeria (CBN) has granted a two-week market holiday to the Bureau De Change (BDC) operators.…
World

Coronavirus To Cause Condom Shortage Worldwide

Mar 27, 2020 0
Malaysia’s Karex Bhd (KARE.KL) makes one in every five condoms globally. It has not produced a single condom from…
World

Coronavirus: China bars foreign visitors as imported cases rise

Mar 27, 2020 0
China has announced a temporary ban on all foreign visitors, even if they have visas or residence permits. The…
World

Russia calls for new enlarged OPEC deal to tackle oil demand collapse

Mar 27, 2020 0
A new OPEC+ deal to balance oil markets might be possible if other countries join in, Kirill Dmitriev, head of…
Business

Coronavirus: Tesco restricts online orders to 80 items each

Mar 27, 2020 0
Supermarket Tesco has said that online shoppers will have their deliveries capped at 80 items from now on. In an…
World

Coronavirus: Prime Minister Boris Johnson Tests Positive

Mar 27, 2020 0
Prime Minister Boris Johnson has tested positive for coronavirus. Mr Johnson said he developed mild symptoms over…
World

G20 leaders to inject $5 trillion into global economy in fight against coronavirus

Mar 27, 2020 0
Leaders of the Group of 20 major economies pledged on Thursday to inject over $5 trillion into the global economy…
World

Fed balance sheet tops $5 trillion for first time as it enters coronavirus war…

Mar 26, 2020 0
The U.S. Federal Reserve’s balance sheet rocketed past $5 trillion in assets for the first time this week as it…
Local

Nigeria Records 14 New Cases Of Coronavirus

Mar 26, 2020 0
The Nigeria Centre for Disease Control (NCDC) has confirmed 14 new cases of coronavirus in Nigeria. Total number…
Business

S&P, Moody’s Cut Credit Grades At Fastest Pace In A Decade

Mar 26, 2020 0
S&P Global Ratings and Moody’s Investors Service are downgrading U.S. companies at the fastest pace in more…
Business

A Bull Market in Banks and Other Weird Facts of the Stock Bounce

Mar 26, 2020 0
Moves in stock sectors that ordinarily take months and years to play out are happening in days as investors…
Breaking

Technically Speaking, The Dow Just Rocketed Out Of A Bear Market

Mar 26, 2020 0
As ridiculous as it sounds, the Dow Jones Industrial Average just climbed out of the bear market it entered two…
Investing

The Gold Market Is Being Tested Like Never Before

Mar 26, 2020 0
From South Africa’s ultra-deep mine shafts to vaults underneath London, from metals traders in New York…
Breaking

Coronavirus: UK Death Toll Jumps To More Than 100 In Largest Single Day Rise

Mar 26, 2020 0
The number of people to have died across the UK after contracting the Covid-19 coronavirus has increased to 104,…
Business

Oil Price May Fall To $10 A Barrel As World Runs Out Of Storage Space

Mar 26, 2020 0
The world may soon run out of space to store its extra oil as Saudi Arabia prepares to increase its fossil fuel…
Africa

Coronavirus: IMF, World Bank Suspend Debt Payments By Nigeria, Others

Mar 26, 2020 0
The International Monetary Fund and World Bank on Wednesday announced a hold on debt payments from Nigeria and…
Local

Coronavirus: UBA Donates 5bn To Fight The Epidemic

Mar 26, 2020 0
United Bank for Africa Plc (UBA) has donated over N5bn ($14 million) through the UBA Foundation, to catalyse a…
World

Breaking: US charges Venezuela’s President, Maduro with narco-terrorism

Mar 26, 2020 0
The US has charged Venezuela's President Nicolás Maduro and other senior officials in the country with drug…
Local

NNPC spent N218.18bn on ailing refineries in 2019

Mar 26, 2020 0
Nigeria’s refineries under the management of the Nigerian National Petroleum Corporation incurred a total expense…
World

Coronavirus: A Record 3.28million Americans File For Unemployment Benefits

Mar 26, 2020 0
A record number of Americans filed for their first week of unemployment benefits last week, as businesses shut…
Africa

Coronavirus: Kenya Bans The Importation Of Second-hand Clothes

Mar 26, 2020 0
Kenya has banned the importation of second-hand clothes, popularly known as “mitumba”, as a way of limiting the…
Local

Czech breweries turn to bottles and cans as pubs close

Mar 26, 2020 0
Czech breweries — including Pilsner Urquell and Budejovicky Budvar — have stopped refilling kegs and started…
Business

Drugmakers Mylan And Pfizer Delay Merger Due To Coronovirus Outbreak

Mar 26, 2020 0
Drugmaker Mylan NV’s (MYL.O) merger with Pfizer Inc’s (PFE.N) off-patent branded drug unit, Upjohn, will now close…
World

Trump Wants To Reopen The American Economy By Easter

Mar 26, 2020 0
The president, who is concerned about the economic repercussions of an extended shutdown of nonessential business,…
Local

Lagos State To Disinfect Bus stops, Motor Parks And Public Spaces

Mar 26, 2020 0
The Lagos State Government has commenced the disinfection of public spaces, like motor parks, bus stops, in a bid…
Local

FG To Ban Inter-state Travel

Mar 26, 2020 0
The Federal Government has announced plans to ban inter-state travel and also close down motor parks as part of…
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NIGERIA

Business

Nigeria’s Refinery Struggles Deepen as Fuel Import Bill Hits ₦46.17 Trillion Amid Calls for Local Production Reform

May 26, 2026
Business

CBN Injects N9.71 Trillion Through OMO Bills as Naira Gains N19.67 Against Dollar in April

May 26, 2026
Business

Dangote faces price war as NNPC backs fuel imports

May 26, 2026
Business

FG Cancels $717.7 Million World Bank Power Loan as Nigeria’s Electricity Crisis Deepens

May 26, 2026
Prev Next 1 of 3,171

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
Prev Next 1 of 1,557
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