Business

UAE Exits OPEC After Decades, Signals Major Shift in Global Oil Strategy

UAE Exits OPEC After Decades, Signals Major Shift in Global Oil Strategy

The United Arab Emirates (UAE) has officially exited OPEC and OPEC+, delivering one of the biggest shocks to the oil…
Nigerian Stock Market Adds ₦5.45 Trillion as ASI Climbs 3.77% on Strong Liquidity

Nigerian Stock Market Adds ₦5.45 Trillion as ASI Climbs 3.77% on Strong Liquidity

The Nigerian stock market extended its rally on Wednesday as the All-Share Index (ASI) advanced by 3.77 percent to close…
UACN Delivers Explosive Q1 Growth as CHI Acquisition Drives Revenue to ₦191 Billion

UACN Delivers Explosive Q1 Growth as CHI Acquisition Drives Revenue to ₦191 Billion

UAC of Nigeria (UACN) PLC reported a sharp surge in financial performance for the first quarter (Q1) ended March 31,…
VFD Group Profit Rises to ₦4.16 Billion as Revenue Growth Masks Cost and Financing Pressures

VFD Group Profit Rises to ₦4.16 Billion as Revenue Growth Masks Cost and Financing Pressures

VFD Group Plc reported a moderate increase in profitability for the first quarter (Q1) ended March 31, 2026, supported by…
Access Bank Deputy Managing Director Chizoma Okoli to Retire April 30

Access Bank Deputy Managing Director Chizoma Okoli to Retire April 30

Access Holdings Plc has announced the retirement of Mrs. Chizoma Okoli as Deputy Managing Director of its flagship subsidiary, Access…
Oil Prices Surge to One-Month High on Middle East Supply Disruption

Oil Prices Surge to One-Month High on Middle East Supply Disruption

Crude oil prices climbed sharply on Wednesday with Brent crude rising to about $114 per barrel, the highest level in…
Dollar to Naira Black Market Exchange Rate Today, Wednesday, April 29th 2026

Dollar to Naira Black Market Exchange Rate Today, Wednesday, April 29th 2026

The Dollar to Naira black market exchange rate recorded moderate stability on Wednesday, April 29th 2026, as trading activity across…
Nigerian Stock Market Rebounds, Adds ₦3.31 Trillion as ASI Jumps 2.23% on Strong Buying

Nigerian Stock Market Rebounds, Adds ₦3.31 Trillion as ASI Jumps 2.23% on Strong Buying

The Nigerian stock market rebounded sharply on Tuesday as investors returned to equities following the previous session’s sell-off, pushing the…
Transcorp Plc Reports ₦50.7 Billion Profit Before Tax in Q1 2026 as Revenue Declines to ₦125.1 Billion

Transcorp Plc Reports ₦50.7 Billion Profit Before Tax in Q1 2026 as Revenue Declines to ₦125.1 Billion

Transnational Corporation (Transcorp Group) Plc reported a profit before tax of ₦50.7 billion for the first quarter (Q1) ended March…
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