Business

Nigeria, Togo Explore Expansion of Cross-Border Electricity Trade

Nigeria, Togo Explore Expansion of Cross-Border Electricity Trade

Nigeria and the Republic of Togo are exploring opportunities to strengthen cross-border electricity trade as both countries seek to improve…
CBN Moves to Shield Naira as War-Driven Volatility Hits Global Markets

CBN Moves to Shield Naira as War-Driven Volatility Hits Global Markets

The Central Bank of Nigeria (CBN) has signaled its readiness to intervene in the foreign exchange market to defend the…
Oil Prices Remain Elevated Above $100 as Middle East Tensions Disrupt Supply

Oil Prices Remain Elevated Above $100 as Middle East Tensions Disrupt Supply

Global oil prices remained above the $100 per barrel threshold on Monday as escalating tensions in the Middle East continued…
Black Market Dollar to Naira Exchange Rate Today, Monday, March 16th 2026

Black Market Dollar to Naira Exchange Rate Today, Monday, March 16th 2026

The Dollar to Naira black market exchange rate recorded a moderate decline on Monday, March 16th 2026, as improved short-term…
NGX, SEC Consider Stricter Free-Float Requirements to Deepen Nigeria’s Equity Market

NGX, SEC Consider Stricter Free-Float Requirements to Deepen Nigeria’s Equity Market

The Nigerian Exchange Group (NGX) and the Securities and Exchange Commission Nigeria (SEC) are reviewing existing free-float requirements for listed…
Lagos Commuters Face Disruptions as Ride-Hailing Drivers Begin Strike

Lagos Commuters Face Disruptions as Ride-Hailing Drivers Begin Strike

Thousands of commuters across Lagos are likely to experience transport disruptions this week as drivers operating on major ride-hailing platforms…
Nigerian Equities Market Advances 0.73% Despite Weak Breadth and Lower Turnover

Nigerian Equities Market Advances 0.73% Despite Weak Breadth and Lower Turnover

The Nigerian equities market closed the week ended March 13, 2026 on a positive note, but underlying data shows weakening…
Africa Prudential Announces Resignation of Finance Manager, Appoints Interim Replacement

Africa Prudential Announces Resignation of Finance Manager, Appoints Interim Replacement

Africa Prudential Plc has announced the resignation of its Finance Manager, Mr. Chidi Micheal, in a move disclosed to the…
Asian Stocks Head for Weekly Loss as Iran Conflict Drives Oil Higher

Asian Stocks Head for Weekly Loss as Iran Conflict Drives Oil Higher

Asian equities declined on Friday and remained on track for a second consecutive weekly loss as the ongoing conflict involving…
Nigerian Breweries Takes 29% Stake in rPET Recycling Plant Through Strategic Partnership

Nigerian Breweries Takes 29% Stake in rPET Recycling Plant Through Strategic Partnership

Nigerian Breweries Plc has entered into a strategic partnership to support the establishment of a food-grade recycled Polyethylene Terephthalate (rPET)…
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