SEC launches full digital registration for capital market operators
Securities and Exchange Commission (SEC) has commenced the implementation of a fully electronic registration system for
Investors lose N648bn as banking stocks drag NGX lower
The Nigerian stock market extended its losing streak on Wednesday as sustained selloffs in banking and other
HBM Nigeria’s profit hits N208bn as margins widen
HBM Nigeria Plc, formerly Lafarge Africa Plc, has reported a sharp improvement in profitability for the first half of 2026,…
United Capital doubles H1 profit to N21.1bn
United Capital Plc delivered a strong first-half 2026 performance, with profit after tax rising 77.5 per cent to N21.10 billion,…
Naira weakens, sheds N3.3/$ at official FX market
At the parallel market, the buying rate remained the same while the selling rate appreciated by N5 when compared to…
28 days after duty slash, prices of imported vehicles remain high —Investigation
Dealers have to sell old stock —Importers TWENTY-EIGHT days after the Federal Government slashed Customs duty on imported vehicles, prices…
I remain committed to moving Oyo State from consumption to production economy —Bimbo Adekanmbi
… as he promises youth-driven blueprint The political and economic landscape of Oyo State witnessed a strategic alignment yesterday in…
Nigeria’s net foreign debt rises, as high interest rates attract foreign money
NIGERIA’S net foreign liability position rose to $90.2 billion in 2025, an increase of $7.5 billion from $82.7 billion in…
Repeated currency devaluations deepen poverty —Ex-World Bank chief
...warns Nigeria’s collateral-backed borrowing could complicate debt restructuring FORMER World Bank President David Malpass has said that repeated currency devaluations…
ARCO raises N2.81bn in Commercial Paper Debut on FMDQ
ARCO Worldwide Services Limited has raised N2.81 billion from its maiden Commercial Paper (CP) issuance after securing approval from FMDQ…
CANAL+ Africa hails Badugela after 20 years of service
CANAL+ Africa has paid tribute to the Chief Executive Officer of MultiChoice Group Rest of Africa, Fhulu Badugela, as she…
Axxela expands gas distribution across critical domestic network
AXXELA Limited, a leading gas and power company in sub-Saharan Africa, has onboarded new customers to its extensive natural gas…
S&P Global to acquire majority stake in Agusto & Co., boosting Africa’s credit ratings market
S&P Global has agreed to acquire a majority stake in Nigerian-based Agusto & Company Ltd., a leading Pan-African credit rating…
MTN CEO, Ralph Mupita, advocates for borderless Africa to drive economic growth
In a powerful call for continental solidarity, the Group CEO of MTN, Ralph Mupita, has asserted that the future of…
IBD Dende bags honorary citizenship of Georgia State for entrepreneurship
Nigerian entrepreneur, Chief Ibrahim Dende Egungbohun, popularly known as IBD Dende, has been honoured as an Honorary Citizen of the…
ECOWAS parliament backs sanctions to enforce regional trade rules
Parliament of the Economic Community of West African States (ECOWAS) has endorsed the introduction of sanctions against member states that…
Naira strengthens on first week-day trading at official FX market
The Nigerian naira appreciated against the United States (US) dollar, trading at N1,362.2064 at the Central Bank of Nigeria (CBN)…
Lagos tops states in IGR per person, Kebbi records lowest
LAGOS State has emerged as Nigeria’s clear leader in Internally Generated Revenue (IGR) per person, while Kebbi State sits at…
Investors lose N76.6bn as profit-taking halts NGX rally
The Nigerian stock market began the new trading week on a weaker note on Monday as widespread profit-taking in major…
NASS commends SEC on fiscal sustainability, revenue growth
The National Assembly has commended the Securities and Exchange Commission (SEC) for improving its fiscal sustainability through cost-cutting measures and…
