Nigerian banks increased lending to trade and financial services in the first quarter of 2026 with credit to trade and...
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained stable on Thursday,...
Gold extended its advance on Thursday as investors looked beyond short-term interest rate expectations and focused instead on a growing...
Banking stocks continued to command investor attention on the Nigerian Exchange (NGX) on Wednesday, reinforcing the financial services sector’s position...
First HoldCo Plc strengthened its position as one of the Nigerian Exchange’s (NGX) most actively traded equities on Wednesday after...
Sustainable Capital Limited has exited Seplat Energy Plc after selling its remaining 36.7 million shares, bringing its voting rights in...
The Federal Government is preparing for the reconstruction of the Benin Bypass in Edo State following a directive from President...
Nigerian fintech company Moniepoint is winding down its UK-based remittance service, MonieWorld, less than 18 months after entering the international...
Nigeria-headquartered venture capital firm Ventures Platform has raised an oversubscribed $84 million second fund to invest in early-stage technology companies...
Fire Outbreak at Central Bank of Nigeria Office The Central Bank of Nigeria on Friday said there was a fire outbreak at its branch in Gombe....
OPEC Oil Output Drops to Over Two-Decade Low in June Crude oil sustained $42 per barrel price level following a recent survey conducted by Reuters that...
Forex Scarcity Renders Nigerian Banks Vulnerable Nigeria’s banks to experience acute funding challenges as the drop in foreign currency deposits hit a record-low following COVID-19 pandemic...
Jeff Bezos Breaks His Own Record, Now Worth $172bn Jeff Bezos, the Chief Executive Officer and Founder of Amazon Inc, on Wednesday broke his own record...
Dangote Cement Raises N250 Billion From Debt Market in H1 2020 Dangote Cement raised a total sum of N250 billion from the nation’s debt market in...
Airlines in Nigeria Loses $2.09 Billion in April and June The International Air Transport Association (IATA) has estimated that Nigerian airlines lost about $2.09 billion in...
Naira Gains Marginally Against the US Dollar On Thursday The Nigerian Naira gained slightly against the United States dollar both on the black market and Investors...
Unilever, GTBank, Flour Mill, Zenith Bank Drag Down Stock Market The Nigerian Stock Exchange (NSE) resumed bearish trends on Thursday as premium stocks failed to perform....
OPay Halts Some Business Units Amid COVID-19 Pandemic Opay, a seamless mobile money service provider, has announced it would be putting some of its business units...
No Fuel Increase During COVID-19 Pandemic, Says Nigeria Labour Congress The Nigeria Labour Congress (NLC) on Thursday rejected the new fuel price announced by the Petroleum...
