Economy
NNPC Logs N385bn Profit in January as Oil Output Climbs to 1.64mbpd
The Nigerian National Petroleum Company Limited (NNPC Ltd.) reported a profit after tax of N385 billion for January 2026, even...
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NGX All-Share Index Breaks Historic 197,000 Barrier in Landmark Session
The Nigerian stock market achieved a major milestone today, with the All-Share Index (ASI) surging past the 197,000-point level for...
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Naira Settles Back Around N1,400: A Deliberate Sweet Spot for Nigeria’s Economy?
After a promising run that briefly pushed the naira toward levels below N1,300 just weeks ago, the currency has reversed...
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Oil Prices Surge Past $100/Barrel for First Time Since 2022 as Iran Conflict Escalates
Crude oil prices rocketed above $100 per barrel on Sunday evening and into Monday, marking the first breach of that...
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Naira Slips to N1,398/$ on Friday, Marking Weakest Close Since Late January
The Nigerian naira extended its recent downward drift, closing the trading week at N1,398 per US dollar in the official...
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Pension Assets Hit N28.03trn in January as 400,000 New Contributors Join
Nigeria's pension industry launched 2026 on a strong footing, with total assets under management surging by N580 billion in January...
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NGX All-Share Index Climbs 2.14% WoW to 196,968 Amid Oil Price Surge
The Nigerian Exchange (NGX) wrapped up last week on a positive note, with the benchmark All-Share Index (ASI) advancing 2.14%...
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Dangote Refinery Fires Back at Importers: “Go Import from Iran If You Can”
As the escalating US-Iran conflict sends global oil prices soaring past $80 per barrel and triggers fuel shortages and long...
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China’s Exports to Nigeria Hit Record $24.9 Billion in 2025, Widening Trade Imbalance
Bilateral trade between China and Nigeria reached new heights in 2025, with Chinese exports to Africa's most populous nation surging...
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CBN Reforms Push Reserves to 13-Year High of $50.45bn.
Nigeria's foreign exchange reforms under the Central Bank of Nigeria (CBN) are starting to deliver tangible results, pushing gross external...
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