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...
Zenith Bank Plc has issued a formal clarification to the Nigerian Exchange Limited (NGX), shareholders, and the investing public, dismissing recent media reports claiming the Bank...
In a striking demonstration of investor faith, Lagos State’s recent bond offering recorded subscriptions totalling approximately ₦310 billion as renewed optimism in Nigeria’s sub-sovereign debt market. The...
The Vice President of Nigeria, Kashim Shettima, has declared that the country’s economic foundation has been solidified under the current administration, paving the way for a...
Oil prices came under pressure on Wednesday as fresh data indicating higher crude stockpiles in the United States raised renewed concerns about oversupply in the global...
The Nigerian Exchange Limited (NGX) closed negative for two straight trading sessions as investors continued to take profit in key high-cap stocks. The market bearishness persisted...
The Nigerian Naira experienced mild pressure against the US Dollar in the parallel foreign exchange market on Wednesday as dollar demand continued to rise across commercial...
Heirs Holdings Chairman, Tony O. Elumelu, has reaffirmed that Nigeria’s economic transformation will be led by entrepreneurs who build resilient companies, scale beyond survival, and operate...
The Managing Director/Chief Executive Officer of Unity Bank Plc, Mr. Ebenezer Kolawole, has renewed the Bank’s call for young Nigerians to embrace a savings culture, urging...
Nigeria’s latest Eurobond issuance has attracted overwhelming interest from international capital markets, closing with a 400% subscription rate as foreign investors responded positively to the country’s...
Nigeria’s external reserves have climbed to $46.7 billion, the highest level in several years. The latest reserve build-up is being supported by robust foreign exchange inflows...
