Business
Nigeria Eurobonds Rally as Yields Drop 6bps to 6.89% on Strong Demand
April 28, 2026
Nigeria Eurobonds Rally as Yields Drop 6bps to 6.89% on Strong Demand
Nigeria’s sovereign Eurobonds recorded a firm advance this week as renewed buying interest pushed prices higher across most maturities, driving…
Nigerian National Petroleum Company Limited Lifts Crude Production to 1.71mbpd as Gas, Refinery Projects Advance
April 28, 2026
Nigerian National Petroleum Company Limited Lifts Crude Production to 1.71mbpd as Gas, Refinery Projects Advance
Nigerian National Petroleum Company (NNPC) Limited has increased Nigeria’s crude oil output to 1.71 million barrels per day between April…
Oil Prices Rise Above $110 as Iran Conflict Disrupts Global Supply
April 28, 2026
Oil Prices Rise Above $110 as Iran Conflict Disrupts Global Supply
Crude oil prices climbed above $110 per barrel on Tuesday as the ongoing U.S.-Iran conflict continued to disrupt global energy…
United Capital Plc Grows Profit by 66% to ₦9.79 Billion in Q1 2026 as Fee Income Surges
April 28, 2026
United Capital Plc Grows Profit by 66% to ₦9.79 Billion in Q1 2026 as Fee Income Surges
United Capital Plc reported a strong first-quarter performance for the period ended March 31, 2026 with profit after tax rising…
Chemical and Allied Products Plc Grows Profit by 38% to ₦1.58 Billion in Q1 2026 as Revenue Rises 15%
April 28, 2026
Chemical and Allied Products Plc Grows Profit by 38% to ₦1.58 Billion in Q1 2026 as Revenue Rises 15%
Chemical and Allied Products Plc reported a strong first-quarter (Q1) performance for the period ended March 31, 2026, with profit…
Stock Market Declines ₦1.37 Trillion as Profit-Taking Hits Banking Stocks
April 28, 2026
Stock Market Declines ₦1.37 Trillion as Profit-Taking Hits Banking Stocks
The Nigerian stock market opened the week on a bearish note on Monday as the All-Share Index (ASI) declined by…
Asian Markets Diverge as Nikkei Hits Record High Amid Oil-Driven Uncertainty
April 27, 2026
Asian Markets Diverge as Nikkei Hits Record High Amid Oil-Driven Uncertainty
Asian equity markets opened the week on a mixed note as strong gains in Japan and South Korea contrasted with…
Gold Prices Stall as Rising Yields and Strong Dollar Limit Gains
April 27, 2026
Gold Prices Stall as Rising Yields and Strong Dollar Limit Gains
Gold prices traded sideways on Monday as rising U.S. Treasury yields and a stronger dollar offset support from ongoing geopolitical…
Dollar to Naira Black Market Exchange Rate Today, Monday, April 27th 2026
April 27, 2026
Dollar to Naira Black Market Exchange Rate Today, Monday, April 27th 2026
The Dollar to Naira black market exchange rate strengthened on Monday, April 27th 2026, as renewed demand for foreign currency…
Dollar Holds Near 98.5 Index Level as Fed Outlook Caps Momentum
April 27, 2026
Dollar Holds Near 98.5 Index Level as Fed Outlook Caps Momentum
The U.S. dollar traded near the 98.5 level on Monday, holding firm as investors balanced geopolitical risks with expectations that…