The Nigerian equities surged by 1.92% on Monday as the Exchange sustained its bullish run that has seen several bank stocks hit N1 trillion market capitalisation....
Shell Plc has announced a deal to sell its Nigerian onshore oil business to a local consortium for a sum exceeding $1.3 billion. The consortium known...
Oil prices were mixed on Tuesday, after posting losses the previous session, as broad economic concerns outweighed continued tensions in the Middle East that led to...
Nigeria’s inflation rate jumped 0.72% in December to push annual inflation to 28.92%, the highest in three decades. According to the latest report from the National...
The Nigerian Exchange Limited (NGX) extended its bullish run last week as bank stocks sustained broad-based growth. During the week, investors exchanged 5.719 billion shares worth...
On Monday, Brent crude oil, against which Nigerian oil is priced, appreciated by 0.2% to $78.42 a barrel as the uncertainty surrounding the risks in the...
BlackRock Inc. has finalized a colossal $12.5 billion acquisition of Adebayo Ogunlesi’s Global Infrastructure Partners (GIP). The deal positions BlackRock, already the world’s largest money manager,...
Recovering from the previous day investor’s profit-taking , the domestic stock market of the Nigerian Exchange Limited (NGX) appreciated by N313.39billion in market capitalisation following investors’...
Oil prices surged by over 2% following a series of reports that the United States and the United Kingdom carried out coordinated strikes on Houthi military...
The country’s external reserves declined by 10.86% year-on-year, according to the Central Bank of Nigeria (CBN) data. The reserves which stood at $37 billion on the...