NGX Bulls Charge On: Market Capitalisation Surges N1.66 Trillion in Second Straight Day of Gains
The Nigerian stock market extended its winning streak into a second day on Tuesday, with total market capitalisation soaring by...
Dangote Crosses $30 Billion Mark as Rabiu Edges Toward $10 Billion Milestone
Africa’s richest man, Aliko Dangote, has solidified his dominance with a net worth now exceeding $30 billion, while fellow Nigerian...
Gold Hits Historic $4,600 Peak as Trump’s Feud with Fed Sparks Investor Flight to Safety
Gold prices have shattered yet another record, surging to an all-time high of $4,600 per ounce on Monday morning amid...
Naira Kicks Off 2026 with First Weekly Gain as CBN Boosts Liquidity
The naira has started the new year on a positive note, posting its first weekly appreciation of 2026 at the...
Naira Appreciates by 7% at Official Window as Reserves Grow in First Week of 2026
The Nigerian Naira closed the first full trading week of 2026 with a gain against the U.S. dollar in the...
Nigeria Deposit Insurer Declares N24.3 Billion Payout to Heritage Bank Depositors
The Nigeria Deposit Insurance Corporation (NDIC) has announced a second liquidation dividend of N24.3 billion for distribution to former customers...
Nigeria’s Debt Service Projected to Exceed N91 Trillion by 2028, Crowding Out Development Spending
An analysis of federal budget documents reveals that debt servicing costs under President Bola Tinubu’s administration are projected to surpass...
Naira Moderates to N1,421/$ Amidst Optimistic 2026 Outlook
The Nigerian Naira experienced a slight depreciation in the official market this week, closing at N1,419 per U.S. dollar on...
Nigeria Sees $14 Billion Foreign Investment Influx in 2025, Marking Turnaround
Driven by a series of economic reforms, Nigeria attracted nearly $14 billion in foreign investment in the first nine months...
Foreign Investor Exodus Deepens as Domestic Sources Prop Up Nigeria’s FX Market
Nigeria's foreign exchange market witnessed a dramatic withdrawal of overseas capital last week, with official data revealing a sharp 20.67%...
Popular Story
FG Releases Revised Import Prohibition List, Bans Paracetamol, Tomato Paste and others.
Naira Slips to N1,420 per Dollar in Parallel Market as Official Rate Edges Higher
Nigeria’s Foreign Reserves Hit $51.86 Billion, Highest in 17 Years
CBN Raises N1.19 Trillion at July 15 Treasury Bills Auction
31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows
