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...
Africa’s largest crude oil producer, Nigeria, oil production is nearing its 1.5 million-barrel-per-day (bpd) quota set by OPEC+. This turnaround follows years of declining production driven...
Oando PLC, Africa’s leading indigenous energy solutions provider, has secured the operatorship of Block KON 13 in Angola’s Onshore Kwanza Basin. This achievement follows a competitive...
The pounds to naira exchange rate continues to be a critical topic in Nigeria’s financial markets, especially in the black market where rates are determined by...
The dollar to naira exchange rate continues to be a focal point in Nigeria’s financial landscape, especially in the black market. On January 23, 2025, the...
Transcorp Power Plc, a Transcorp Group power business, hit significant milestones in financial performance for the fiscal year 2024, signalling further robust growth in revenue and...
Nigerians have expressed displeasure over the decision of the Nigerian Communications Commission to increase tariffs for data and calls in the country by 50 percent. The...
Mrs. Beatrice Ekweremadu, wife of former Deputy Senate President Senator Ike Ekweremadu, has reportedly returned to Nigeria. Her return comes after serving part of a six-year...
The Federal Government has taken another step toward boosting Nigeria’s refining capacity with the approval of a licence for MRO Energy Limited to construct a new...
Transgrid Enerco Limited has signed a Share Purchase Agreement (SPA) to acquire a 60% equity stake in Eko Electricity Distribution Company (Eko DisCo). Transgrid Enerco Limited...
Despite interventions by the Federal Government and multilateral lenders amounting to over N1.5 trillion, Nigeria’s metering gap continues to widen with more than seven million electricity...
