Business

Dangote Unveils Plans to Enter Steel, Power and Port Development

Dangote Unveils Plans to Enter Steel, Power and Port Development

Aliko Dangote has outlined a new expansion strategy that will take the Dangote Group into steel manufacturing, electricity generation and…
Gold Prices Fall as Stronger Dollar Dims Rate-Cut Expectations

Gold Prices Fall as Stronger Dollar Dims Rate-Cut Expectations

Gold prices declined on Monday as a stronger U.S. dollar and rising Treasury yields reduced the appeal of the precious…
Oil Prices Surge Above $115 as Middle East Conflict Sparks Supply Fears

Oil Prices Surge Above $115 as Middle East Conflict Sparks Supply Fears

Global oil prices surged sharply on Monday as escalating geopolitical tensions in the Middle East triggered widespread concerns about supply…
Stock Market Gains 1,010.23 Points as Market Capitalisation Expands by ₦648 Billion

Stock Market Gains 1,010.23 Points as Market Capitalisation Expands by ₦648 Billion

The Nigerian stock market rebounded strongly on Thursday, March 12, 2026, to reverse the previous session’s mild decline as renewed…
Stock Market Declines 167.58 Points as Market Capitalisation Falls by ₦108 Billion

Stock Market Declines 167.58 Points as Market Capitalisation Falls by ₦108 Billion

The Nigerian stock market extended its mild corrective phase on Wednesday, March 12, 2026, as profit-taking in high-cap industrial and…
BUA Cement Profit Surges 382% to ₦356.04bn as Revenue Climbs to ₦1.18tn

BUA Cement Profit Surges 382% to ₦356.04bn as Revenue Climbs to ₦1.18tn

BUA Cement Plc reported a profit after tax of ₦356.04 billion for the year ended December 31, 2025, representing a…
Black Market Dollar to Naira Exchange Rate Today, Friday, March 13th 2026

Black Market Dollar to Naira Exchange Rate Today, Friday, March 13th 2026

The Dollar to Naira black market exchange rate recorded a slight adjustment on Friday, March 13th 2026, as demand and…
Nigerian Equities Shed 1,130.87 Points as Market Capitalisation Declines by ₦460 Billion

Nigerian Equities Shed 1,130.87 Points as Market Capitalisation Declines by ₦460 Billion

The Nigerian equities market reversed gains on Tuesday, March 10, 2026, as broad-based profit-taking weighed on the benchmark index. Data…
Bitcoin Reclaims $71,000 Level as Institutional Investors Increase Crypto Exposure

Bitcoin Reclaims $71,000 Level as Institutional Investors Increase Crypto Exposure

Bitcoin regained momentum in global cryptocurrency markets after climbing back above the $71,000 level on the back of renewed institutional…
Liquidity Drops to N2.16trn as NTB, OMO Auctions Absorb Funds Last Week

Liquidity Drops to N2.16trn as NTB, OMO Auctions Absorb Funds Last Week

System liquidity moderated sharply last week, declining from an opening balance of N4.68 trillion to N2.16 trillion by Friday following…
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