Sub-Saharan Africa’s investment banking industry recorded a sharp decline in revenue in the first quarter of 2026 with total fees falling 32.8 percent year-on-year to $106.9...
Nigeria’s Corporate Affairs Commission (CAC) has confirmed that its digital infrastructure was recently targeted in a cyberattack. The commission, which serves as the statutory body responsible...
Brent crude oil held steady at $94.67 per barrel on Thursday while U.S. West Texas Intermediate (WTI) traded at $91.43 as the global oil market struggled...
The Dollar to Naira black market exchange rate extended its upward rally on Thursday, April 16th 2026, as heightened demand for foreign currency continued to weigh...
The Nigerian stock market recorded a strong rally on Wednesday as the All-Share Index (ASI) surged by 1.69 percent to close at 209,317.41 points, up from...
Nigeria’s inflation rate increased to 15.38 percent in March 2026 from 15.06 percent in February as price pressures intensified on a monthly basis despite a broader year-on-year...
The International Monetary Fund has lowered Nigeria’s 2026 economic growth forecast to 4.1 percent from 4.4 percent, citing mounting external pressures and warning that higher oil...
Rice farmers across Nigeria are reducing cultivation plans for the 2026 planting season as falling paddy prices, rising production costs and weak demand continue to compress...
Nigeria’s aviation sector is demonstrating resilience as airlines continue to maintain fare stability despite persistent increases in aviation fuel costs. Air transport operators have faced sustained...
The Federal Government has announced plans to reduce import tariffs on food items and vehicles in a move aimed at easing inflationary pressure and lowering the...