The cost of living in Nigeria continues its upward climb, with the inflation rate rising to 24.23% in March 2025, according to the latest Consumer Price...
Nigeria’s crude oil production dipped to 1.4mbpd in March 2025, from 1.46mbpd in the previous month, the Organisation of the Petroleum Exporting Countries (OPEC) has disclosed....
The Nigerian stock market began the new trading week on a bearish note, as investors lost N21 billion on the trading floor of the Nigerian Xchange...
The recent tariff hike introduced by United States President, Donald Trump, may be a blessing in disguise if African countries take a more inward-looking approach by...
The bears continued to ravage the Nigerian equities market as investors lost N440 billion on the floor of last week. The market capitalization crashed to N65.7...
The pan-African multilateral financial institution, African Export–Import Bank (Afreximbank), has projected the continent’s real Gross Domestic Product (GDP) to grow by 4.0 percent despite the global...
Investors in the Nigerian equities market lost N440 billion during the just-concluded trading week at the Nigerian Xchange (NGX). Ripples Nigeria reports that investors recorded a...
The Federal Government has set up a sub-committee to evaluate the potential economic impact of the recent tariff measures announced by the United States government. This...
The Nigerian stock market closed the week on a bearish note as investors lost N14 billion on Friday. This followed a dip in the share prices...
Investors in the Nigerian equities market gained N377 billion at the close of trading on Thursday. This followed a surge in the share prices of stocks...
The Nigerian Electricity Regulatory Commission (NERC) has fined eight electricity distribution companies (DisCos) N628.03 million for non-compliance with the capping of estimated bills for unmetered customers....
The Dangote refinery has informed marketers and its customers of a downward review of its ex-gantry loading cost to N865 per litre. The new price is...
The bearish sentiment returned to the Nigerian equities market as investors lost N119 billion on the trading floor of the Nigerian Xchange Group (NGX) on Wednesday,...
The ongoing tariff war between the United States and China has escalated, sending global crude prices tumbling by six percent on Wednesday, April 9, 2025. US...
The Federal Executive Council has directed the full implementation of the suspended Naira-for-Crude agreement with local petroleum refiners in a renewed push to strengthen Nigeria’s energy...
The Nigerian equities market kicked off the week with a massive loss as investors lost N658 billion on the trading floor of the Nigerian Xchange Group...
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has downplayed the potential impact of the recent 14 per cent tariff imposed by...
A cryptocurrency platform, Binance Holdings Limited, on Monday asked the Federal High Court, Abuja, to set aside the ex-parte order granted the Federal Inland Revenue Services...
Investors in the Nigerian equities market lost N110 billion at the close of trading last week. The market opened for three trading days last week as...
The African Development Bank (AfDB) has disclosed that it will launch phase one of the $538 million Special Agro-Industrial Processing Zone (SAPZ) programme in Kaduna on...
The Central Bank of Nigeria (CBN) on Friday supplied a total of $197.71 million to the foreign exchange market through sales to authourised dealers. The apex...
A Federal High Court in Lagos has fixed April 15, 2025, for the hearing of a suit filed by Ecobank Nigeria Plc against Obafemi Otudeko, managing...
Investors in the Nigerian equities market lost N110 billion during the just-concluded, holiday-shortened trading week at the Nigerian Xchange (NGX). The market opened for three trading...
Newly appointed Group Chief Executive Officer (GCEO) Bayo Ojulari has officially taken over the leadership of the Nigerian National Petroleum Company (NNPC) Limited, succeeding Mele Kyari....
The Nigerian equities market closed the week with a loss of N8 billion for investors at the close of trading on Friday. This followed a dip...
The Nigerian equities market rebounded from previous day’s with a N30 billion gain for investors at the close of trading on Thursday. This followed a surge...
President Donald Trump’s massive new tariffs would send the US tariff rate dramatically higher to levels unseen since around 1910 and may drive many nations into...
The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit (PMS) popularly known as petrol to N935 per litre in...
The Central Bank of Nigeria (CBN) has dismissed as false a widely circulated report claiming it has introduced new N5,000 and N10,000 banknotes. In a statement...
Fidelity Bank Plc, has released its 2024 full-year Audited Financial Statements, reporting a 210% growth in Profit Before Tax to N385.2 billion. According to the Bank’s...
Amid calls for increased customer-focused banking in Nigeria, Sterling Bank has advocated for the cancellation of bank transfer fees by major banks, announcing it will no...
Nigeria has increased its electricity generation capacity by 2,000 megawatts (MW) in just two years, a feat that previously took nearly four decades to achieve. The...
The Centre for the Promotion of Private Enterprise (CPPE) has kicked against the plan by the Federal Government to ban the importation of solar panels into...
The Nigerian equities market returned from the Eid-el-Fitr holiday with a N59 billion loss for investors at the close of trading on Wednesday. This followed a...
In a move akin to a midnight coup d’etat, President Bola Ahmed Tinubu in the early hours of Wednesday sacked the Group Chief Executive Officer of...
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, on Tuesday urged International Oil Companies (IOCs) in Nigeria to increase investments in the oil and...
The National Institute for Policy and Strategic Studies (NIPSS) has projected a significant reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol,...
South Africa, Egypt and Nigeria have emerged in the top three positions as Africa’s exports rose to $682 billion while imports also surged to $719 billion...
The Nigerian equities market recovered from four consecutive bearish weeks to post N437 billion gain at the close of trading last week. The equities market gained...
The House of Representatives Public Accounts Committee (PAC) has disclosed the additional recovery of $14.2 million (N21.4 billion) from four oil firms in its ongoing probe...
President Bola Tinubu had given assent to the the Investments and Securities Act (ISA) 2025, which repeals the Investments and Securities Act No. 29 of 2007....
The Nigerian equities market recovered from four consecutive weeks of losses during the just-concluded trading week gaining N437 billion on the floor of the Nigerian Xchange...
The International Monetary Fund (IMF) has appointed Tony Elumelu, founder and group chair of Heirs Holdings, to its advisory council on entrepreneurship and growth, convened by...
Investors in the Nigerian Equities market gained N135 billion at the close of trading on Friday. This followed a surge in the share prices of stocks...
The International Monetary Fund (IMF) on Thursday urged the Nigerian government to accompany its economic stabilisation policies with targeted social welfare programmes to support the most...
The Nigerian National Petroleum Company (NNPC) Limited has announced its readiness for the capital market with an Initial Public Offer (IPO) now in the final stage....
On Thursday, the Federal High Court, Abuja, fixed May 8 for judgment in a suit filed by MultiChoice Nigeria Limited against the Federal Competition and Consumer...
