Naira Spot Rate Drops as Foreign Currency Payments Increase The naira declined following a period of gains in the Nigerian foreign exchange market (NFEM), attributed to a heightened demand for…
TotalEnergies EP Nigeria to Divest 10% Stake in Renaissance JV Assets TotalEnergies EP Nigeria, a subsidiary of France’s TotalEnergies SE, has entered into a Sale and Purchase Agreement with Vaaris…
Seplat Fires Up, Investors Bet on Tony Elumelu for Capital Gain Nigeria’s top energy company, Seplat Plc, has hit its all-time high in the stock market, gained 10% following a…
Edo Govt., NNPC Partner to Establish 10,000-bpd Condensate Refinery The Edo Government and the Nigerian National Petroleum Corporation (NNPC) Limited say they will collaborate to establish a 10,000 barrels-per-day condensate…
UN Launches $400m Appeal for 2026 UN High Commissioner for Human Rights, Volker Türk, has launched a $400 million appeal for 2026 as his office (OHCHR) continues to operate “in…
Fidelity Bank Gains 6.3% as Investors Take Positions Fidelity Bank Plc.’s market valuation climbed by 6.3% in on the Nigerian Exchange (NGX) as investors took positions as the market anticipates…
Know Your Data Rights to Avoid Exploitation, NCC Urges Nigerians The Executive Vice-Chairman (EVC), Nigerian Communications Commission (NCC), Dr Aminu Maida, has urged Nigerians to know their data rights in…
Naira Weakens Against US Dollar, Spot Rate Settles at N1,366 The naira weakened against the US dollar at the official window on Thursday, depreciating by ₦7.77 to close at ₦1,366.05/US$…
NGX Climbs by N1.37trn as Investors Ramp Up Oversold Stocks The Nigerian Exchange (NGX) ended the trading session on a positive note on Wednesday, reflecting increased bargain-hunting stocks that recently…
Naira Gains Against U.S. Dollar, Spot Rate Prints at N1,358 The naira sustained its rally against the US dollar on Wednesday in the official market as supply levels sufficiently covered…