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...
Stock Traders Lose N12 Billion on Tuesday as Weak Sentiment Persists Stock traders at the Nigerian Stock Exchange (NSE) lose N12 billion on Tuesday as business...
OPEC Plus Attains 87 Percent Compliance Level in the Month of May The Organisation of the Petroleum Exporting Countries (OPEC) and allies, known as OPEC Plus,...
IATA Says Nigeria’s Aviation Industry Loses About $700m to COVID-19 The International Air Transport Association has said Nigeria’s aviation sector lost $700 million to the COVID-19...
Inflation Rate Rises to 12.40 Percent in the Month of May The cost of goods and services increased at a faster pace in Africa’s largest economy...
Naira Slides on the Black Market Amid Scarcity The Naira lost N2 against the United States dollar on Tuesday following persistent scarcity across key forex segments,...
Federal Government Needs to Protect Local Businesses Barely a month after announcing Facebook Shops, Facebook-owned WhatsApp launched WhatsApp integrated payments service to facilitate payments between businesses...
Facebook Moves into Fintech Space, Commences Payments Service in Brazil Facebook-owned WhatsApp has finally launched its instant payments service for users in Brazil. In a statement...
Tether Remains the Third Most Capitalised Cryptocurrency Ahead of Ripple Tether (USDT), one of the world’s stablecoins, maintained its third position ahead of Ripple (XRP) and...
Dangote Calls BUA Group Mischievous and a Liar The management of Dangote Group on Monday refuted BUA Group’s publication that the two disputed mining sites, Obu...
Nigerian Breweries Announced 10,000 Insider Dealing A non-executive chairman of Nigerian Breweries purchased additional 10,000 shares, according to the company. In the statement released through the...
