Business

NGX Weekly Report: All-Share Index Surges 6.95% to 194,989.77 as Investors Trade ₦252.57 Billion

NGX Weekly Report: All-Share Index Surges 6.95% to 194,989.77 as Investors Trade ₦252.57 Billion

The Nigerian equities market closed the week ended Friday, February 27, 2026, on a strong bullish note as the benchmark…
U.S. Mission Clarifies Status of Nigerian Students Under Presidential Proclamation 10998

U.S. Mission Clarifies Status of Nigerian Students Under Presidential Proclamation 10998

The U.S. Mission Nigeria has issued a public clarification stating that Nigerian students and exchange participants who currently hold valid…
Iranian Drones Strike U.S. Embassy in Riyadh Amid Escalating Middle East Conflict

Iranian Drones Strike U.S. Embassy in Riyadh Amid Escalating Middle East Conflict

Iranian drones struck the United States Embassy in Riyadh, causing a limited fire and minor material damage in what Saudi…
Dangote Cement Declares ₦45 Final Dividend After ₦1.01 Trillion Profit in 2025

Dangote Cement Declares ₦45 Final Dividend After ₦1.01 Trillion Profit in 2025

Dangote Cement Plc has declared a final dividend of ₦45 per share for the financial year ended December 31, 2025,…
Nigeria and UAE Agree Deal to Unlock Investment Across Key Sectors

Nigeria and UAE Agree Deal to Unlock Investment Across Key Sectors

Nigeria and the United Arab Emirates have concluded an economic partnership agreement aimed at deepening bilateral trade ties and unlocking…
CBN, NCC Seek to End Airtime Billing Disputes With 30-Second Refund Proposal

CBN, NCC Seek to End Airtime Billing Disputes With 30-Second Refund Proposal

Nigeria’s financial and telecommunications regulators are moving to overhaul how failed airtime and data transactions are handled. The initiative is…
FEC Approves ₦6.43bn PPP Projects to Drive Infrastructure Investment

FEC Approves ₦6.43bn PPP Projects to Drive Infrastructure Investment

Nigeria’s Federal Executive Council (FEC) has approved Public-Private Partnership (PPP) projects valued at ₦6.43 billion to reinforce the government’s strategy…
Net Foreign Reserves Jump to $34.8bn Under Cardoso’s Reforms

Net Foreign Reserves Jump to $34.8bn Under Cardoso’s Reforms

Nigeria’s net foreign-exchange reserves rose sharply to $34.8 billion at the end of 2025 as stronger external fundamentals and policy…
U.S. Mission in Nigeria Issues Fresh Advisory on Visa Fraud

U.S. Mission in Nigeria Issues Fresh Advisory on Visa Fraud

The United States Mission in Nigeria has issued a renewed advisory cautioning Nigerian applicants against engaging in visa-related fraud and…
Cryptocurrency Market Shows Measured Gains as Investors Reassess Risk Over 24 Hours

Cryptocurrency Market Shows Measured Gains as Investors Reassess Risk Over 24 Hours

The cryptocurrency market posted modest gains over the past 24 hours, even as macroeconomic uncertainty and consolidation continued to weigh…
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