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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…

Local

Banks Adjust Operations, Advice On E-Channels Over Coronavirus Pandemic

Mar 23, 2020 0
Over the weekend, some Nigerian banks worked out plans to prevent exposure of their staff and curb the spread of…
Breaking

Chloroquine Effective In Treating Covid19 – Chinese Ministry Of Science and…

Mar 23, 2020 0
This is based on the results of Clinical Trials which confirms that Chloroquine Phosphate primarily used in the…
Breaking

BREAKING: NCDC Announces First Coronavirus Death in Nigeria

Mar 23, 2020 0
The Nigeria Centre for Disease Control has confirmed the first coronavirus death in Nigeria. The NCDC via its…
Business

Walmart ups minimum wage in e-commerce warehouses by $2 as orders surge on virus…

Mar 23, 2020 0
Walmart Inc said on Monday it has temporarily raised entry wages for workers in its e-commerce warehouses by $2,…
World

Stocks crumble as more nations shut for business to curb virus

Mar 23, 2020 0
Asian shares sank on Monday as a rising tide of national lockdowns threatened to overwhelm policymakers’ frantic…
Banking

Stanbic IBTC Declares N75b Profit For 2019

Mar 23, 2020 0
STANBIC IBTC Holdings Plc has declared a profit after tax of N75 billion for the year ended December 31, 2019, an…
Business

MTN workers start working from home

Mar 23, 2020 0
MTN Nigeria on Sunday said its employees would start working from home as part of the precautionary measures to…
Business

SoftBank to sell up to $41 billion in assets to expand share buyback, cut debt

Mar 23, 2020 0
SoftBank Group Corp (9984.T) said on Monday it is selling up to 4.5 trillion yen ($41 billion) in assets to buy…
Local

Central banks deploy record sums to break financial logjam, but may need more

Mar 23, 2020 0
Central banks have offered trillions of dollars of support to markets in recent days to keep them from freezing up,…
Business

McDonald To Close All Restaurants In The UK By End Of Monday

Mar 23, 2020 0
McDonald's will close all 1,270 of its restaurants in the UK by the end of Monday, as fears over the spread of…
Local

Breaking: Atiku’s Son Tests Positive For Coronavirus

Mar 23, 2020 0
Former Vice-President of Nigeria, Atiku Abubakar has announced that is son has tested positive for coronavirus.…
World

40% To 80% Of New Yorkers Will Get Coronavirus – Cuomo

Mar 22, 2020 0
 -- New York state Gov. Andrew Cuomo said Sunday morning that an estimated 40% to 80% of residents could get the…
Local

Sanwo-Olu Orders Civil Servants To Stay At Home For Two Weeks

Mar 22, 2020 0
The Lagos State Government has declared two weeks break for civil servants in the state, the Governor has said.…
World

German Chancellor Angela Merkel To Self-Quarantine

Mar 22, 2020 0
German Chancellor Angela Merkel will self-quarantine after coming into contact with a person who tested positive…
World

Coronavirus supplies donated by Alibaba’s Ma arrive in Africa

Mar 22, 2020 0
A first planeload of protective and medical equipment donated to Africa by Chinese billionaire and Alibaba…
Investing

Wall Street braces for another bleak week, with coronavirus risks amplified

Mar 22, 2020 0
Wall Street analysts and investment managers expect another rough week for U.S. markets, as coronavirus cases and…
World

World Bank moving forward on first $1.7 billion in pandemic aid projects

Mar 22, 2020 0
The World Bank’s executive board is expected to consider later this week the first fast-track funds to help…
World

U.K. Warns of Further Crackdown If Britons Ignore Virus Advice

Mar 22, 2020 0
“This isn’t a game, it is very serious,” Housing Secretary Robert Jenrick told Sky News when asked if the…
Africa

South African President Meets Business Leaders as Virus Spreads

Mar 22, 2020 0
The country has escalated measures to curb the spread of the virus, including banning travel to and from various…
Investing

Bitcoin May Need Months to Recover, Fundstrat Chartist Says

Mar 22, 2020 0
Bitcoin’s technicals are in rough shape after its spectacular tumble last week and a recovery might take months,…
Business

Airbnb Board Meets To Consider Raising Funds For Buying Assets

Mar 22, 2020 0
Airbnb Inc.’s board met this week to consider a wide range of options in response to the current economic crisis,…
Breaking

Nigeria Has Chloroquine Poisonings After Trump Praised Drug

Mar 22, 2020 0
Nigeria reported two cases of chloroquine poisoning after U.S. President Donald Trump praised the anti-malaria…
World

Spain Extends State Of Emergency As Death Toll Rises

Mar 22, 2020 0
Spanish Prime Minister Pedro Sanchez has been in meetings with health and security officials on Sunday morning, as…
Africa

Tunisia Allocates $850 Million To Combat Effects Of Coronavirus

Mar 22, 2020 0
Tunisia is allocating 2.5 billion dinars ($850 million) to combat the economic and social effects of the…
Banking

Forex Racketeering: CBN Fines Banks, BDCs Hundreds Of Millions For Infraction

Mar 22, 2020 0
THE Central Bank of Nigeria (CBN) reportedly fined major banks and bureau de change operators hundreds of millions…
Banking

Goldman Injects $1 Billion Into Own Money-Market Funds After Heavy Withdrawals

Mar 22, 2020 0
Goldman Sachs Group Inc poured more than $1 billion into two of its prime money-market portfolios this week due…
Local

Osun State Government Suspends All Activity At Erin-Ijesha Waterfalls

Mar 22, 2020 0
Osun State Government has announced the suspension of activities at the Olumirin Waterfalls at Erinjesa…
Business

Coronavirus: Delta, Emirates, Air France, Lufthansa, KLM, others suspend flights…

Mar 22, 2020 0
Mega international airlines based in the United States, Europe, Middle East and other parts of the world have…
World

U.S. FDA Approves First Rapid Coronavirus Test With 45 Minutes Detection Time

Mar 22, 2020 0
The U.S. Food and Drug Administration has approved the first rapid coronavirus diagnostic test, with a detection…
Business

Flights Resume In New York After Brief Halt In Arrivals

Mar 21, 2020 0
The Federal Aviation Administration (FAA) temporarily halted flights arriving at New York City airports and…
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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 3,172

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 1,558
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