Nigerian Stock Market to Lose N205 Billion as Five Major Companies Delist - The Nigerian Exchange Limited (NGX) is set to experience a significant decline in its equities capitalization, with an...
Oil Prices Tumble Amid US Rate Hike Speculations, But All Hope Isn't Lost - In the latest twist in the global oil saga, prices witnessed a decline in early Asian trade...
Strike Looms as NLC Ultimatum Nears End: Federal Government Remains Unfazed - As the clock ticks down on the 21-day ultimatum set by the Nigerian Labour Congress (NLC), the atmosphere is...
Naira Plummets to Record Low of N980/$ Amidst Soaring Dollar Demand - In a startling development, the Naira plummeted to its all-time low, reaching N980 against the dollar in the black...
Abuja, September 20, 2023 - A recent disclosure from the Federation Account Allocation Committee (FAAC) has stirred controversy in the corridors of Nigeria's financial sector. The report revealed that the...
Niger Crisis: A Looming Food Crisis for West Africa - Recent political upheaval in Niger threatens to strain food markets across West Africa, including Nigeria, warns the World Bank. The ripple...
Dangote Refinery Awaits Crude from NNPC Amidst Loan Swaps - The much-anticipated Dangote Petroleum Refinery, which promised to be a game-changer in Nigeria's oil sector, is currently importing crude oil due...
China's Shift in African Lending: A New Era or a Temporary Retreat? - A recent study uncovers a dramatic decline in China's loans to Africa, hitting levels not seen in almost...
Oil Prices Surge Amid Growing Supply Deficit Worries - Oil prices have been on the rise, and market analysts are pointing fingers at the combination of weakened U.S. shale output and...
Dangote Refinery Set to Kick Off Petrol Refining by November 30 - Anticipation is mounting as the Dangote Refinery, a trailblazing project for Nigeria, prepares to commence diesel and jet fuel...