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Latest News

Nigeria’s Stock Market Records N1.81 Trillion Gain in July.

Nigerian Stock Market Declines for Third Consecutive Week Amid Portfolio Reshuffling

Naira appreciated to N738/$ in the Parallel Market

Naira Falls Below N1,600 Amid Forex Outflows and Global Trade War

House of Representatives Urges CBN to Ease Access to N250 Billion Gas Expansion Facility.

House of Representatives Recovers N28.7bn from Oil Companies

FG Records N13.33bn Revenue Shortfall from Gas Flaring Penalties

States Plan N28.8 Trillion Infrastructure Spending Amid Funding Challenges

Economy

Nigeria Spends $817.4 Million on Debt Servicing in First Two Months of 2025

Oil Marketers Dismiss Claims of Dangote Refinery Selling Fuel in Dollars

Dangote Refinery Faces N32.5bn Revenue Loss Following Petrol Price Cut

NEC Affirms CBN $3 Billion Loan for Naira Stability

House of Representatives Urges CBN to Halt ATM Transaction Fee Hike

Nigeria Market Highlights: Japaul Gold Ventures Leads Most Active Gainers, FCMB Surges By 7.03%

Nigerian Stock Market Dips as Investors Lose N285 Billion

Market

Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

Nigerian Equities Market Sees Sustained Rally, Investors Gain ₦607 Billion

December 30, 2024

Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

UPL Leads Gainers with 10% Surge as All-Share Index Slightly Declines

December 6, 2024

Nigeria and UK Set to Sign Enhanced Trade Investment Partnership Agreement

Nigeria-UK Trade Volume Hits £7.5bn, Minister Advocates Expansion

November 28, 2024

Fuel Subsidy Removal Negatively Impacts 90% of Nigerian Businesses

NNPC Announces Plans to Build 12 New Fuel Stations, Aims to Lower Fuel Prices

November 19, 2024

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EIU Predicts Naira’s Decline to N1,018 per Dollar Amidst Soaring Inflation.

Naira Remains Stagnant Despite Weakening U.S. Dollar Index

by Stephen Akudike

The Nigerian naira showed little movement in the foreign exchange (FX) market on March 13, 2025, despite a decline in...

Bitcoin to end year at $25,473

Bitcoin Faces Downward Pressure as Price Struggles Below $85,000

by Bolarinwa Mathew

Bitcoin’s price continues to hover below the critical $85,000 mark, grappling with rising sell-off pressures and shaky market sentiment. As...

Nigeria’s External Debt Stock Hits $42,671.70 million: A Breakdown of Lateral and Bilateral Debts.

Analysts Urge Immediate Action on Nigeria’s Debt

by Stephen Akudike

Financial experts have raised concerns over Nigeria’s growing debt burden, urging swift action to prevent further economic strain. This comes...

MTN Job Recruitment: Chenosis Graduate Trainee

MTN Nigeria Reports N400 Billion Loss in 2024: Can Profitability Return?

by Stephen Akudike

MTN Nigeria, once a darling of investors, has reported a staggering N400 billion post-tax loss for 2024, marking one of...

Nigeria’s Stock Market Records N1.81 Trillion Gain in July.

Nigerian Equity Market Opens Week with N52 Billion Gain

by Stephen Akudike

The Nigerian Exchange (NGX) kicked off the new trading week on a positive note, as the equity market recorded a...

Popular posts

Politics

FG Records N13.33bn Revenue Shortfall from Gas Flaring Penalties

FG, Governors Agree on Three-Month Delay for Local Government Autonomy

August 13, 2024

2024 Budget Outline: Oil Price Set at $77.96, Naira Stands at 750 Against the Dollar

Federal Government Allocates ₦570 Billion to States Amid National Protest

Debunking the Fuel Scarcity Myth and Its Impact on Financial Wellness

Federal Government Denies Subsidy Payments Amid Rising Petrol Pump Prices

Access Bank, Zenith Bank among others Report Robust Profits Despite Economic Challenges

Senate Approves Finance Act Amendment, Raises Banks’ Windfall Levy to 70%

Wealth

Naira Strengthens as Anticipation Mounts for $10 Billion Forex Inflows

Nigeria’s Money Supply Surges 18% to N110.97 Trillion as Savings Increase

February 21, 2025

Nigeria’s Stock Market Records N1.81 Trillion Gain in July.

Nigerian Equity Market Reverses Recent Gains, Records N63bn Loss

December 10, 2024

FG Raises N346.155 Billion in November Bond Auction Amid Increased Allotments

November 22, 2024

NEC Affirms CBN $3 Billion Loan for Naira Stability

CBN Survey Reveals Decline in Business Confidence as Naira Depreciation Looms

November 13, 2024

Business

Airtel Africa Records $471 Million Foreign Exchange Loss Due to Currency Unification.

Airtel Nigeria Reports $344 Million Revenue Loss Amid Data Sales Decline

February 20, 2025

BREAKING: MTN Nigeria gets NCC approval to lease spectrum from NTEL.

Court Upholds FCCPC’s Authority in MTN Legal Battle

February 10, 2025

Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

Surge in Domestic Investors Drives Nigerian Equity Trading to N10.8 Trillion

January 28, 2025

World Bank Sanctions Two Nigerian Firms and CEO Over Corruption

January 21, 2025

Technology

ChatGPT Reaches Its Limit: Users Unable to Generate Responses

ChatGPT Reaches Its Limit: Users Unable to Generate Responses

Elon Musk claims to donate almost $2 billion to charity.

Elon Musk’s xAI Secures $6 Billion in Series B Funding, Valued at $24 Billion

Indeed: Demand Surges for Generative AI Skills Paying Over $150,000

Indeed: Demand Surges for Generative AI Skills Paying Over $150,000

Elon Musk Loses Billions as Tesla’s Market Cap Plummets by $30 Billion

Tesla Shares Decline by 29% in Q1 2024 As Deliveries Falls.

Currency

Dollar Index Loses Steam as Treasury Yields Drift Back to 4.8%

CBN Reaffirms Commitment to Foreign Exchange Code

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Naira Weakens in Unofficial Market Amid Dollar Index Volatility

13 days to the expiration of old naira, scarcity of the new notes persists.

Naira Holds Firm Against Dollar, Closes February Strong Amid CBN Interventions

Dollar Index Loses Steam as Treasury Yields Drift Back to 4.8%

Net Forex Inflow Surges 44% to $41.89 Billion in First 11 Months of 2024

February 27, 2025

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