Business
Strait of Hormuz Disruption Threatens 20% of Global Oil Supply as Iran Tightens Control
April 20, 2026
Strait of Hormuz Disruption Threatens 20% of Global Oil Supply as Iran Tightens Control
The global oil market is facing renewed pressure as tensions between the United States and Iran escalate, disrupting flows through…
Dollar to Naira Black Market Exchange Rate Today, Monday, April 20th 2026
April 20, 2026
Dollar to Naira Black Market Exchange Rate Today, Monday, April 20th 2026
The Dollar to Naira black market exchange rate opened the week on a stronger note on Monday, April 20th 2026,…
Nigeria’s Eurobond Yields Signal Mixed Investor Sentiment as Long-Term Risk Premium Persists
April 17, 2026
Nigeria’s Eurobond Yields Signal Mixed Investor Sentiment as Long-Term Risk Premium Persists
Nigeria’s sovereign Eurobond market closed on Thursday with a mixed yield curve that reflects improving short-term investor confidence but sustained…
FCT High Court Orders Arrest of Ex-Minister Sadiya Farouq, Former Perm Sec
April 17, 2026
FCT High Court Orders Arrest of Ex-Minister Sadiya Farouq, Former Perm Sec
The Federal Capital Territory High Court has ordered the arrest of former Minister of Humanitarian Affairs, Sadiya Umar Farouq, and…
Crude Oil Slips on Ceasefire Hopes Despite Ongoing Supply Disruptions
April 17, 2026
Crude Oil Slips on Ceasefire Hopes Despite Ongoing Supply Disruptions
Crude oil prices declined on Friday as markets reacted to renewed ceasefire talks in the Middle East, easing immediate supply…
Nigerian Airlines Face Shutdown Risk as Fuel Costs Outpace Revenues
April 17, 2026
Nigerian Airlines Face Shutdown Risk as Fuel Costs Outpace Revenues
Nigerian airlines have warned of a potential shutdown of operations from April 20 as surging jet fuel prices continue to…
FirstBank, Ekiti Government Launch ₦1.2 Million Startup Funding Initiative
April 17, 2026
FirstBank, Ekiti Government Launch ₦1.2 Million Startup Funding Initiative
First Bank of Nigeria Limited has partnered with the Ekiti State Government to launch the Innovation Enterprise Support Fund, a…
Stock Market Gains ₦1.66 Trillion as ASI Climbs 1.23% to 211,901.01
April 17, 2026
Stock Market Gains ₦1.66 Trillion as ASI Climbs 1.23% to 211,901.01
The Nigerian stock market extended its bullish run on Thursday as the All-Share Index (ASI) advanced by 1.23 percent to…
Dollar to Naira Black Market Exchange Rate Today, Friday, April 17th 2026
April 17, 2026
Dollar to Naira Black Market Exchange Rate Today, Friday, April 17th 2026
The Dollar to Naira black market exchange rate recorded a slight decline on Friday, April 17th 2026, as short-term profit-taking…
Africa Bond Issuance Surges 77.6% to Record $20.7 Billion
April 16, 2026
Africa Bond Issuance Surges 77.6% to Record $20.7 Billion
Sub-Saharan Africa’s debt capital markets recorded a historic start to 2026 as total bond issuance surged 77.6 percent year-on-year to…