Business

Nigerian Stock Market Rebounds ₦0.63 Trillion as Liquidity Returns but Direction Weakens

Nigerian Stock Market Rebounds ₦0.63 Trillion as Liquidity Returns but Direction Weakens

The Nigerian stock market rebounded slightly on Wednesday as the All-Share Index (ASI) advanced by 0.41 percent to close at…
DAAR Communications Denies Shareholding Manipulation, Says CAC Records Under Review

DAAR Communications Denies Shareholding Manipulation, Says CAC Records Under Review

DAAR Communications Plc has dismissed reports suggesting manipulation of its corporate records following an alleged cyber-related issue involving the Corporate…
Aliko Dangote Unveils 20,000MW Power Expansion Plan Across Africa

Aliko Dangote Unveils 20,000MW Power Expansion Plan Across Africa

Aliko Dangote has unveiled plans to develop a 20,000-megawatt power generation project across Africa as part of a broader industrial…
Dollar to Naira Black Market Exchange Rate Today, Thursday, May 7th, 2026

Dollar to Naira Black Market Exchange Rate Today, Thursday, May 7th, 2026

The Dollar to Naira black market exchange rate eased slightly on Thursday, May 7th, 2026, as improved short-term liquidity conditions…
Oil Prices Rebound Amid Iran Peace Hopes, Supply Concerns

Oil Prices Rebound Amid Iran Peace Hopes, Supply Concerns

Global crude oil prices traded cautiously on Thursday as investors weighed the possibility of a peace agreement between the United…
Nigeria’s Eurobond Yields Range From 5.6% to 8.0% as Investor Appetite Holds Strong

Nigeria’s Eurobond Yields Range From 5.6% to 8.0% as Investor Appetite Holds Strong

Nigeria’s sovereign Eurobond yields traded between 5.6 percent and 8.0 percent on Tuesday, May 5, 2026, indicating sustained investor appetite…
Eurobond Issuance, Foreign Loans Push Nigeria’s External Debt Above $51 Billion

Eurobond Issuance, Foreign Loans Push Nigeria’s External Debt Above $51 Billion

The report showed that Nigeria’s external debt increased from $45.78 billion to $51.80 billion during the period, reflecting continued reliance…
Zenith Bank Announces Mustafa Bello as New Chairman of the Board

Zenith Bank Announces Mustafa Bello as New Chairman of the Board

Zenith Bank Plc has announced the appointment of Mustafa Bello as the new Chairman of its Board of Directors following…
Kled Removes Nigeria From App Store Over Alleged 95% Fraud Rate, Fake KYC Uploads

Kled Removes Nigeria From App Store Over Alleged 95% Fraud Rate, Fake KYC Uploads

A startup operating in the artificial intelligence data collection space, Kled, has removed its application from the Nigerian App Store…
Nigerian Stock Market Loses ₦0.91 Trillion as ASI Falls 0.58% Amid Heavyweight Sell-Off

Nigerian Stock Market Loses ₦0.91 Trillion as ASI Falls 0.58% Amid Heavyweight Sell-Off

The Nigerian stock market declined on Tuesday as the All-Share Index (ASI) dropped by 0.58 percent to close at 241,750.15…
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