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...
Global oil prices retreated from multi-month highs as investors scaled back risk positions following easing geopolitical concerns in the Middle East. Brent crude oil, against which...
The Nigerian Exchange (NGX) extended its bullish run on Wednesday, building on gains recorded in the previous session as continued demand for equities and exchange-traded products...
The Nigerian Naira came under renewed pressure against the United States Dollar in the informal foreign exchange market on Thursday as demand for foreign currency intensified...
Dangote Refinery has aligned daily fuel production with evacuation capacity, achieving matched offtake of about 50 million litres per day, a development that underscores growing operational...
Dangote Refinery’s Managing Director, David Bird, has said that sustained domestic refining and stable fuel pricing are playing a critical role in supporting the naira and...
Nigeria Revenue Service has commenced enforcement of 7.5% value-added tax (VAT) on service charges linked to digital financial transactions, leading to higher fees across point-of-sale payments,...
Nigeria is among 75 countries impacted by a decision of the United States Department of State to pause immigrant visa issuance as it reviews screening and...
The Nigerian Exchange Limited (NGX) has admitted an additional 3.16 billion ordinary shares of United Bank for Africa (UBA) Plc, to its Daily Official List. The...
Paystack has completed the acquisition of Ladder Microfinance Bank as it moves to transition from a payments-focused model into regulated banking operations. The transaction provides Paystack with...
Nigeria is on track for its strongest economic expansion in more than a decade as structural reforms, improving macroeconomic stability, and sectoral recovery combine to lift...
