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...
Between January 1 and May 5 this year, the power sector lost about N154bn as a result of the unavailability of gas, distribution and transmission infrastructure,...
Rainstorms Force Power Generation Down by 1,148MW Power supply worsened over the past week as generation fell by over 1,000 megawatts amid violent rainstorms sweeping through...
Fixed Securities Yields Crash, Equities Investments Set to Boom The Nigerian equities market is expected to record huge gains largely on the back of fast-declining yields...
Lagos Pays N892m Accrued Pension Rights The Lagos State Government says it has paid N892m into the Retirement Savings Accounts of 156 retirees for the 50th...
FG Spent N4.3tn to Service Debt in Three years — Budget Office The Federal Government spent a total of N4.3tn to service the country’s debt obligations...
Nissan Records Best Sales in Two Decades Nissan has announced its best sales in nearly two decades. It hiked 10 per cent market share in 2017,...
Buhari May Not Assent to PIGB, Say Amadi, Others President Muhammadu Buhari may not assent to the Petroleum Industry Governance Bill transmitted to him by the...
NSE Sanctions Six More Banks Over Financial Reports The Nigerian Stock Exchange (NSE) has sanctioned more companies for failing to meet the deadline for the submission...
NAHCo Announces N406m Dividend Payout, Grows Q1 Turnover The Board of Directors of Nigerian Aviation Handling Company Plc has recommended a dividend payment of N406m to...
Boost for Nigeria, China Trade Since the inclusion of the Chinese currency among basket of reserve currencies that have special drawing rights (SDR), by the International...
