Business
Stock Market Gains ₦3.16 Trillion as ASI Surges 1.69% to 209,317.41
April 16, 2026
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
April 16, 2026
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
April 16, 2026
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
April 16, 2026
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
April 16, 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
April 15, 2026
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
April 15, 2026
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
April 15, 2026
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
April 15, 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
April 14, 2026
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,…