Business

Nigerians React as X Boosts Posts From Mutual Followers

Nigerians React as X Boosts Posts From Mutual Followers

Nigeria’s X users found a more familiar timeline on Tuesday as posts from long-standing mutuals resurfaced, prompting visibility tests, jokes…
Liquidity Drops to N2.16trn as NTB, OMO Auctions Absorb Funds Last Week

Liquidity Drops to N2.16trn as NTB, OMO Auctions Absorb Funds Last Week

System liquidity moderated sharply last week, declining from an opening balance of N4.68 trillion to N2.16 trillion by Friday following…
FirstHoldCo Emerges as NGX’s Most Actively Traded Stock After Historic Block Deal

FirstHoldCo Emerges as NGX’s Most Actively Traded Stock After Historic Block Deal

First HoldCo Plc has become the focal point of activity on the Nigerian Exchange (NGX) after recording an extraordinary surge…
Banking Sector Attracts $3.14bn as Foreign Investors Lead Capital Inflows in Q3 2025

Banking Sector Attracts $3.14bn as Foreign Investors Lead Capital Inflows in Q3 2025

Nigeria’s banking sector emerged as the primary destination for foreign capital in the third quarter (Q3) of 2025, attracting $3.14…
Airtel Money Targets $10 Billion Valuation in Planned London IPO

Airtel Money Targets $10 Billion Valuation in Planned London IPO

Airtel Africa is expanding the team of investment banks working on the proposed listing of its mobile money business as…
Nigerian Stock Market Slips Marginally as FirstHoldCo Leads ₦53.34 Billion Trading Session

Nigerian Stock Market Slips Marginally as FirstHoldCo Leads ₦53.34 Billion Trading Session

The Nigerian stock market closed lower on Wednesday as investors booked profits in selected consumer and insurance stocks while institutional…
Gold Drops as Escalating U.S.-Iran Tensions Lift Energy Prices

Gold Drops as Escalating U.S.-Iran Tensions Lift Energy Prices

Gold prices declined on Monday as renewed tensions between the United States and Iran sent crude oil prices sharply higher,…
Renewed U.S.-Iran Conflict Sparks Oil Rally, Fuels Inflation Concerns

Renewed U.S.-Iran Conflict Sparks Oil Rally, Fuels Inflation Concerns

Global oil prices surged at the start of the week after renewed hostilities between the United States and Iran heightened…
Safe-Haven Flows Lift U.S. Dollar on Renewed Geopolitical Risks

Safe-Haven Flows Lift U.S. Dollar on Renewed Geopolitical Risks

The U.S. dollar strengthened against major global currencies on Monday as investors sought safety following renewed tensions between the United…
Dangote’s Planned Kenya Refinery Attracts Fresh Cross-Border Investment Interest

Dangote’s Planned Kenya Refinery Attracts Fresh Cross-Border Investment Interest

Dangote Industries Limited’s proposed oil refinery in Kenya has attracted fresh regional investment interest after Tanzanian billionaire Mohammed Dewji expressed…
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