Business

Stock Market Gains ₦3.16 Trillion as ASI Surges 1.69% to 209,317.41

Stock Market Gains ₦3.16 Trillion as ASI Surges 1.69% to 209,317.41

The Nigerian stock market recorded a strong rally on Wednesday as the All-Share Index (ASI) surged by 1.69 percent to…
MTN’s $4.8 Billion Deal Drives Africa Outbound M&A to $6.7 Billion

MTN’s $4.8 Billion Deal Drives Africa Outbound M&A to $6.7 Billion

MTN’s $4.8 billion acquisition has emerged as the defining transaction behind Sub-Saharan Africa’s outbound mergers and acquisitions surge in the…
Brent Steadies at $94.67 as Middle East Tensions Cloud Oil Market Direction

Brent Steadies at $94.67 as Middle East Tensions Cloud Oil Market Direction

Brent crude oil held steady at $94.67 per barrel on Thursday while U.S. West Texas Intermediate (WTI) traded at $91.43…
CAC Confirms Cyberattack as Data Security Risks Mount for Nigerian Firms

CAC Confirms Cyberattack as Data Security Risks Mount for Nigerian Firms

Nigeria’s Corporate Affairs Commission (CAC) has confirmed that its digital infrastructure was recently targeted in a cyberattack. The commission, which…
Dollar to Naira Black Market Exchange Rate Today, Thursday, April 16th 2026

Dollar to Naira Black Market Exchange Rate Today, Thursday, April 16th 2026

The Dollar to Naira black market exchange rate extended its upward rally on Thursday, April 16th 2026, as heightened demand…
Rice Farmers Retreat as Low Prices, High Costs Squeeze Margins

Rice Farmers Retreat as Low Prices, High Costs Squeeze Margins

Rice farmers across Nigeria are reducing cultivation plans for the 2026 planting season as falling paddy prices, rising production costs…
Crude Oil Prices Drive Global Growth, Inflation and Currency Movements

Crude Oil Prices Drive Global Growth, Inflation and Currency Movements

Crude oil remains a central driver of global economic activity, influencing growth patterns, inflation levels and currency movements across both…
Aviation Sector Shows Resilience as Airlines Absorb Fuel Cost Pressure

Aviation Sector Shows Resilience as Airlines Absorb Fuel Cost Pressure

Nigeria’s aviation sector is demonstrating resilience as airlines continue to maintain fare stability despite persistent increases in aviation fuel costs.…
Dollar to Naira Black Market Exchange Rate Today, Wednesday, April 15th 2026

Dollar to Naira Black Market Exchange Rate Today, Wednesday, April 15th 2026

The Dollar to Naira black market exchange rate surged on Wednesday, April 15th 2026, as strong demand for foreign currency…
Nigeria’s Eurobond Yields Rise to 8.2% as Investor Demand Weakens

Nigeria’s Eurobond Yields Rise to 8.2% as Investor Demand Weakens

Nigeria’s Eurobond market showed signs of rising investor caution on Monday, April 13, 2026, as yields climbed across the curve,…
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