Business
Why OPay’s Planned U.S. IPO Could Redefine African Fintech Investment
June 22, 2026
Why OPay’s Planned U.S. IPO Could Redefine African Fintech Investment
The planned U.S. initial public offering of OPay is emerging as more than just another technology listing. If completed, the…
Aradel Holdings Reports ₦757.3 Billion Profit After Tax, Proposes ₦33 Per Share Dividend
June 22, 2026
Aradel Holdings Reports ₦757.3 Billion Profit After Tax, Proposes ₦33 Per Share Dividend
Aradel Holdings Plc has announced a record-breaking financial performance for the 2025 financial year, reporting a profit after tax of…
Dollar to Naira Trades at ₦1,390 as Naira Gains Ground in Parallel Market
June 22, 2026
Dollar to Naira Trades at ₦1,390 as Naira Gains Ground in Parallel Market
The Nigerian naira opened the week on a stronger note against the United States Dollar as the Dollar to Naira…
NGX Raises Trading Thresholds for Price Changes in Premium Stocks Under New Rule Amendments
June 19, 2026
NGX Raises Trading Thresholds for Price Changes in Premium Stocks Under New Rule Amendments
The Nigerian Exchange Limited (NGX) has introduced amendments to its dealing members’ rules that could significantly alter how share prices…
Nigerian Stock Market Loses ₦2.18 Trillion as Massive Dangote Cement Trade Rocks NGX
June 19, 2026
Nigerian Stock Market Loses ₦2.18 Trillion as Massive Dangote Cement Trade Rocks NGX
The Nigerian stock market recorded a sharp decline on Thursday as investors lost approximately ₦2.18 trillion amid heavy selling pressure…
Gas Exports Climb 13% as Nigeria Strengthens Non-Oil Revenue Base
June 19, 2026
Gas Exports Climb 13% as Nigeria Strengthens Non-Oil Revenue Base
Nigeria’s natural gas export earnings rose to $2.53 billion in the first quarter of 2026, reinforcing the sector’s growing importance…
Brent Falls Below $80 as Hormuz Shipping Resumes
June 19, 2026
Brent Falls Below $80 as Hormuz Shipping Resumes
Global oil prices extended their decline on Friday as the resumption of shipping through the Strait of Hormuz eased concerns…
Dollar to Naira Black Market Exchange Rate Today: Dollar Sells at ₦1,400 on Friday, June 19, 2026
June 19, 2026
Dollar to Naira Black Market Exchange Rate Today: Dollar Sells at ₦1,400 on Friday, June 19, 2026
The Dollar to Naira black market exchange rate climbed on Friday as the United States Dollar strengthened against the Nigerian…
VFD Group Names Azeez Adetayo Acting CFO Following Leadership Transition
June 19, 2026
VFD Group Names Azeez Adetayo Acting CFO Following Leadership Transition
VFD Group Plc has appointed Mr. Azeez Adetayo, FCA, as its Acting Chief Financial Officer (CFO) following a leadership transition…
Nigerians Embrace Dollar-Pegged Stablecoins for Faster, Cheaper Cross-Border Payments
June 18, 2026
Nigerians Embrace Dollar-Pegged Stablecoins for Faster, Cheaper Cross-Border Payments
Nigerians are increasingly adopting dollar-pegged stablecoins for cross-border transactions as households, freelancers, importers and small businesses seek faster and more…