Goldman Sachs has warned that crude oil prices could surge to as high as $120 per barrel if attacks on...
Nigeria’s persistent battle against oil theft and pipeline vandalism has returned to focus following a deadly incident in Rivers State...
ByteDance has secured a $29.6 billion loan from nearly 30 global banks as the TikTok owner accelerates investment in artificial...
Nigeria’s Securities and Exchange Commission (SEC) has approved Dangote Petroleum Refinery’s initial public offering of 4.1 billion shares at N525...
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained stable on Monday,...
Insurance stocks reinforced their recovery on the Nigerian Exchange (NGX) last week as Royal Exchange Plc emerged as the market’s...
Financial stocks dominated trading on the Nigerian Exchange (NGX) last week as investors continued to channel capital into banking and...
The Nigerian Exchange’s oil and gas sector outpaced every major market index last week after a 9.10 percent rally underscored...
Nigeria could double investment flowing into its energy sector within the next five years as global supply disruptions increase demand...
Zenith Bank Plc has been named “Best Bank in Nigeria” in the Global Finance Best Banks Awards 2025, winning the award for the fifth time in...
Netflix has implemented a fresh round of subscription price adjustments in Nigeria, raising the cost of its Premium Plan by 21.43 percent to ₦8,500 per month,...
Moniepoint Inc. has secured regulatory approval from the Competition Authority of Kenya (CAK) to acquire a 78 percent stake in Sumac Microfinance Bank, a major step...
Nigeria’s equities market gained ₦253 billion on Tuesday as institutional and retail investors increased exposure to undervalued stocks ahead of half-year (H1) portfolio rebalancing. The Nigerian...
Tony Elumelu, Chairman of United Bank for Africa (UBA) Plc, has raised his total stake to 10.63% following a fresh ₦43.9 billion investment in the bank....
Oando Plc reported a 267% increase in Profit After Tax (PAT) to ₦220 billion for the financial year ended December 31, 2024, following the $754 million...
The Nigerian Naira remains under pressure in the foreign exchange market as the black market continues to reflect higher demand for U.S. Dollars. As of Wednesday,...
The UK government has signaled its intent to initiate legal proceedings against sanctioned Russian billionaire and former Chelsea Football Club owner Roman Abramovich over the £2.5...
Crude oil prices held firm on Tuesday as rising geopolitical tensions in the Middle East and Eastern Europe continued to support market sentiment. Brent crude oil,...
The International Air Transport Association (IATA) has raised concern over the high operating costs confronting African airlines, highlighting fuel expenses as a major burden that continues...
