Nigeria could double investment flowing into its energy sector within the next five years as global supply disruptions increase demand...
Dangote Petroleum Refinery could open its long-awaited initial public offering within the next 10 to 12 days as billionaire industrialist...
Exchange-traded funds (ETFs) extended their positive momentum on the Nigerian Exchange (NGX) on Thursday as NEWGOLD ETF and SIAMLETF40 recorded...
The insurance sector’s recent rally lost momentum on the Nigerian Exchange (NGX) on Thursday as Sovereign Trust Insurance Plc retreated...
UBA Plc emerged as the Nigerian Exchange’s (NGX) most actively traded stock on Thursday, displacing Access Holdings Plc after investors...
Seplat Energy Plc spearheaded Thursday’s advance on the Nigerian Exchange (NGX) after investors drove the stock to its 10 percent...
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained relatively stable on...
President Bola Tinubu’s economic reforms are strengthening investor confidence and creating conditions for large-scale industrial investments in Nigeria, according to...
Wall Street stocks rebounded on Wednesday, snapping a three-day losing streak as investors returned to equities despite elevated oil prices...
Iraq’s crude oil exports surged to 2.34 million barrels per day in August, up from 1.35 million bpd in July as steep discounts on Basrah crude...
Uber Technologies has ended its operations in Nigeria after 12 years, bringing to a close one of the longest-running international ride-hailing operations in Africa’s largest economy...
Oando Plc emerged among the Nigerian Exchange’s (NGX) top-performing equities on Wednesday after its share price climbed 9.43 percent to N38.30, signalling renewed investor interest in...
Brent crude oil gained $5.34 per barrel in two trading sessions as renewed fighting between the United States and Iran revived concerns over oil supply from...
About 17 million barrels of oil passed through the Strait of Hormuz on Monday, the highest volume to cross the strategic waterway since the Iran conflict...
Nigeria is building a stronger case for a sovereign credit rating upgrade as faster economic growth, rising foreign exchange reserves and an improving external position strengthen...
Nigeria’s textile, apparel and footwear industry remained in contraction for a sixth consecutive quarter in the second quarter (Q2) of 2026. Data from the National Bureau...
Nigeria’s electricity sector contracted by 10.63 percent in the second quarter (Q2) of 2026, wiping about N66.85 billion from its inflation-adjusted output despite the broader economy...
Nigeria’s average crude oil production increased by 170,000 barrels per day in the second quarter (Q2) of 2026, lifting output to 1.72 million barrels per day...
Nigeria’s economy expanded by 4.43 percent year-on-year in the second quarter (Q2) of 2026, accelerating from 4.23 percent in the corresponding period of 2025 and 3.89...
