Zenith Bank, FirstBank and Guaranty Trust Bank have expanded the amount customers can spend internationally using naira-denominated cards. The revised...
Nigeria recorded a merchandise trade surplus of about N12.6 trillion in the second quarter of 2026 as exports climbed to...
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained relatively stable on...
Six of Nigeria’s biggest listed companies have secured places in the FTSE Frontier 50 Index, giving some of the country’s...
Profit-taking emerged across selected equities on the Nigerian Exchange (NGX) on Monday as investors locked in recent gains in several...
Banking stocks continued to dominate trading activity on the Nigerian Exchange (NGX) on Monday with GTCO Plc recording the highest...
The exchange-traded fund (ETF) market delivered a mixed performance on the Nigerian Exchange (NGX) on Monday as NEWGOLD ETF recorded...
Goldman Sachs has warned that crude oil prices could surge to as high as $120 per barrel if attacks on...
Crude oil prices climbed more than $1 per barrel on Monday, pushing Brent above $97 as escalating attacks on oil...
The Nigerian equities market opened the week on a positive note as investor sentiment rebounded, lifting the benchmark Nigerian Exchange Limited (NGX) All-Share Index (ASI) by...
Seplat Energy Plc has announced that it will redeem the entire outstanding principal on its U.S. dollar-denominated notes issued under the April 1, 2021 indenture agreement...
Trading activity on the Nigerian Exchange Limited (NGX) dipped in February 2025 as foreign portfolio transactions declined amid rising economic uncertainties. According to the latest Domestic...
Investor participation in the Central Bank of Nigeria’s (CBN) latest treasury bill auction fell sharply, despite the apex bank offering a sizable ₦800 billion worth of...
Liquidity conditions in Nigeria’s money market strengthened last week as total system liquidity rose by 62.3% to ₦2.2 trillion. According to a market update by Afrinvest,...
The Dollar to Naira exchange rate remains a critical indicator of Nigeria’s economic health, influencing both businesses and individuals engaged in foreign currency transactions. As of...
First Bank of Nigeria Limited has expanded its digital banking infrastructure with the launch of a new FirstBank Digital Xperience Centre in Lekki, Lagos to further...
Electricity Distribution Companies (DisCos) across Nigeria recorded an improved collection efficiency of 77.44 percent in the fourth quarter of 2024 and generated ₦509.8 billion in revenue...
The Federal Government paid ₦471.6 billion in electricity subsidy bills in the fourth quarter (Q4) of 2024. This was disclosed in the Q4 2024 report released...
The Nigerian Electricity Regulatory Commission (NERC) has reported that neighbouring countries Benin Republic and Togo owe Nigeria a combined sum of $8.84 million for electricity supplied...
