Naira strengthens against dollar at official FX market
…NFEM rate — N1,370.5600/$ …Naira depreciates by at least N5 against the USD …Black market (Buying and selling rates) —…
Intra-African trade, industrialisation to dominate Afreximbank annual meetings
Preparations have intensified for the 33rd Annual Meetings of African Export-Import Bank, with African leaders, policymakers and investors expected to…
Tinubu urges global finance overhaul as debt costs crowd out spending
NIGERIA will spend about $11.6 billion servicing its debt in 2026, nearly half of its projected government revenue, President Bola…
AWDROP Cooperative records N300m turnover, plans expansion, investment drive in Oyo
THE Association of Waterwell Drilling Rig Owners and Practitioners, AWDROP, Ibadan Cooperative and Investment Credit Society Limited has recorded significant…
SEC pushes AI, data-driven investing to attract capital inflows
The Director-General of the Securities and Exchange Commission, Emomotimi Agama, has unveiled an ambitious technology-driven reform agenda aimed at positioning…
NGX extends rally as investors gain N61.84bn despite banking selloff
The Nigerian stock market sustained its bullish momentum on Wednesday, although at a slower pace, as investors gained N61.84 billion…
NBET raises N501bn on FMDQ in landmark power sector bond deal
Nigeria’s debt capital market recorded one of its biggest transactions yet as NBET Finance Company PLC listed a landmark N501.02…
DMO lists N47.335 bn series III green bond on NGX, FMDQ exchanges
The Debt Management Office (DMO) has announced the listing of the 18.95% N47.355 billion Series III Sovereign Green Bond...
Binani Air launches first commercial flight
Binani Air conducted its first commercial flight from Abuja to Yola on Tuesday, May 12, 2026. The Abuja-Yola flight, the…
Naira depreciates, trades at N1,375.6/$ at official FX market
…Naira depreciates by at least N2 against the USD …Black market (Buying and selling rates) — N1,390 — N1,394 The…
Nigeria’s petrol consumption surged to 51.1 million litres per day in April
Despite the hike in price, Nigerians’ petrol consumption jumped to 51.1 million litres per day in April, the latest Nigerian…
Africa loses $89bn annually to illicit financial flows — Tax Experts
Experts from the West African Tax Administration Forum (WATAF) and the Tax Justice Network Africa (TJNA) have reported that African…
NNPC records over N276bn profit in March as oil output improves
The Nigerian National Petroleum Company Limited (NNPCL) has reported a profit after tax of ₦276 billion for March 2026, representing…
Banking, oil stocks drive surge at NGX as investors earn N1.36trn
The bullish momentum on the Nigerian Exchange extended on Tuesday, with investors gaining approximately N1.36 trillion as sustained buying interest…
CBN warns states against excessive overdrafts, short-term credits
Flags governance, compliance risks for non-interest banks THE Central Bank of Nigeria has raised concerns over governance and compliance risks…
Norwegian investment institution in talks with Dangote Group for partnership
THERE is a fresh indication that Norwegian investment institution is already discussing with Dangote Group for partnership on Africa investment.…
Market cap hits N160tn as equities rally deepens at NGX
THE Nigerian equities market sustained its bullish momentum on Monday as renewed investor appetite across banking and industrial stocks lifted…
Entrepreneur tasks Nigerians in diaspora on investment
Nigerians in the diaspora have been urged to remain patriotic and put Nigeria first in their endeavours. Speaking with the…
Market cap hits N160trn as equities rally deepens at NGX
The Nigerian equities market sustained its bullish momentum on Monday as renewed investor appetite across banking and industrial stocks lifted…
FG launches Renewed Hope cooperative reform programme, unveils plans
The Federal Government on Monday formally launched the Renewed Hope Cooperative Reform and Revamp Programme (RH-CRRP)...
