Heavyweight stocks trigger N3.28trn NGX market loss
The Nigerian equities market shed N3.28 trillion in market capitalisation on Thursday as intensified sell-offs in
Naira depreciates against dollar at official FX market
The datashows that the naira traded at the Nigerian Foreign Exchange Market (NFEM) rate of
AI capable of contributing $103bn to Africa’s economy annually — CRC Credit Bureau boss
Chief Executive Officer, CRC Credit Bureau, Dr. Tunde Popoola, has called on African governments, financial institutions, academia, policy makers and…
NNPC remits N11.14trn in statutory payments in nine months
The Nigerian National Petroleum Company (NNPC) Limited has reported statutory payments of N11.14 trillion to the government between January and…
Delays, cargo diversion fuelling high cost of haulage business — Operator
Co-founder and Chief Executive Officer of Lori Systems, Jean-Claude Homawoo, on Wednesday, said the high cost of transporting goods in…
Namibia President hails Dangote’s $2.5bn investment as historic milestone for African industrialization
President of Namibia, Dr Netumbo Nandi-Ndaitwah, has hailed the launch of Dangote Industries Limited’s $2.5 billion petroleum storage and regional…
Tinubu unveils Arridex Group’s ADX-Barra 200 autonomous vessel at AFRIDEX 2026
President Bola Ahmed Tinubu, represented by the Senate President, Senator Godswill Akpabio recently, unveiled Arridex Group’s, an industrial technology group,…
FCMB urges financial institutions to strengthen controls on data storage, migration, to protect customers
First City Monument Bank (FCMB) has highlighted the need for investment in local data infrastructure and careful implementation of data…
GTCO, Transpower, Zenith Bank lift NGX as equities gain 0.2%
The Nigerian equities market sustained its bullish momentum on Wednesday as renewed buying interest in banking and power heavyweights lifted…
Dangote Cement’s profit jumps 31% to N975bn, wipes out N683bn debt
Dangote Cement Plc has reported a 31.2 per cent growth in profit after tax to N974.8 billion for the nine…
Nigeria records 25% growth in oil & gas, manufacturing, agricultural exports
The Managing Director of the Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho, has stated that exports from Nigeria have
More than 143,000 vehicles converted, 105 filling stations on board — PiCNG
The Executive Chairman of the Presidential Initiative on Compressed Natural Gas and Electric Vehicles (PiCNG & EV), Ismael Ahmed,
Naira appreciates against dollar at official FX market
The Nigerian naira appreciated against the United States (US) dollar, trading at N1,346.9348, at the Central Bank of Nigeria (CBN)
Lagos tops 2026 state fiscal performance ranking as Enugu records 126% IGR growth
Lagos State has emerged as Nigeria’s best-performing state in fiscal management in 2026, while Enugu recorded a 125.91 per cent…
Deep Sea Port, OgunLNG trigger fresh investor rush to Ogun — Gov Abiodun
Ogun State Governor, Prince Dapo Abiodun, has disclosed that the planned $7 billion Gateway Deep Sea Port and the proposed…
Why funds for MDAs’ capital expenditure were not released in Q1 2026 — Budget Office
The Federal Government has attributed the non-release of funds for capital expenditure by Ministries, Departments and Agencies (MDAs) in the…
Caverton’s transformation gathers momentum, grows revenue to N20.74bn
Caverton Offshore Support Group Plc, the Nigerian maritime and aviation services group, has made public its unaudited results for the…
Opay to customers: How to check eligibility for FG’s N50,000 cash support
Popular fintech company, OPay, has explained how customers can check whether they qualify for the Federal Government’s N50,000 monthly cash…
NNPC posts N509bn profit after tax for September
Nigerian National Petroleum Company Limited (NNPC), according to its monthly report summary for September, has said it recorded
NGX ASI inches up 0.02% as bearish sentiment persists
Nigerian equities market recorded a marginal recovery on Wednesday, as gains in select heavyweight stocks lifted the
