Oil Posts Weekly Loss as Markets Price in Truce, Sanctions
Oil Posts Weekly Loss as Markets Price in Truce, Sanctions Oil prices posted a modest weekly loss, retreating from midweek highs as easing tensions in the Middle East offset earlier…
Naira Rises to N1455/$, CBN Injects Dollar into FX Market
Naira Rises to N1455/$, CBN Injects Dollar into FX Market The naira closed strong at N1455 per US dollar at the Central Bank of Nigeria (CBN) official foreign exchange market…
W’Cup Qualifier: Nigeria Edge Lesotho 2-1 to Keep Hopes Alive
W’Cup Qualifier: Nigeria Edge Lesotho 2-1 to Keep Hopes Alive Nigeria’s Super Eagles defeated Lesotho 2–1 on Friday in Polokwane, keeping their hopes alive for a spot at the 2026…
Fiscal Shockwave: Tinubu Reclaiming Every Kobo for Nigerians
Fiscal Shockwave: Tinubu Reclaiming Every Kobo for Nigerians In a bold and transformative fiscal pivot, President Bola Ahmed Tinubu has triggered what many are calling a “fiscal bombshell”, a sweeping…
EU Commission Probes US Social Media
EU Commission Probes US Social Media The European Commission is demanding information from U.S platforms Apple, Snapchat, Google and YouTube over allegations of insufficient child protection, European Commission Vice-President Henna…
Ekiti Presents N415.57bn Budget Proposal for 2026
Ekiti Presents N415.57bn Budget Proposal for 2026 Gov. Biodun Oyebanji of Ekiti on Friday presented a budget estimate of N415.57 billion for the 2026 fiscal year. According to the governor,…
NGX Market Cap Hits N93.3trn, Equities Investors Gain N497bn
NGX Market Cap Hits N93.3trn, Equities Investors Gain N497bn The Nigerian Exchange (NGX) market capitalisation added 0.54 per cent or N497 billion, to an opening of N92.798 trillion to close…
Naira Climbs to N1475, FX Inflow Rises to $981m
Naira Climbs to N1475, FX Inflow Rises to $981m The Nigerian local currency, the naira, rose against the US dollar again at the official window, staying on track amidst growing…
NGX Soars by N446bn as Wema Bank Lists Shares
NGX Soars by N446bn as Wema Bank Lists Shares The Nigerian Exchange (NGX) surged by about N466 billion on Tuesday as Wema Bank listed additional shares in the local bourse.…
Policy Rate Cut to Reduce Nigerian Banks’ Profitability –Comment
Policy Rate Cut to Reduce Nigerian Banks’ Profitability –Comment Nigeria’s policy rate cut will weigh on domestic banks profitability, Moody’s Ratings said in a commentary note released after the Central…