Business
Nigerian Stock Market Loses ₦1.99 Trillion as Dangote Cement, BUA Cement Trigger Selloff
June 25, 2026
Nigerian Stock Market Loses ₦1.99 Trillion as Dangote Cement, BUA Cement Trigger Selloff
The Nigerian stock market extended its bearish run on Wednesday as heavy losses in Dangote Cement Plc, BUA Cement Plc…
Dangote Says Claims of Fuel Returning Through Lomé Do Not Add Up
June 24, 2026
Dangote Says Claims of Fuel Returning Through Lomé Do Not Add Up
Dangote Petroleum Refinery has dismissed suggestions that refined petroleum products exported from Nigeria are being routed back into the country…
SpaceX Secures $25 Billion Through Debt Offering After Landmark IPO
June 24, 2026
SpaceX Secures $25 Billion Through Debt Offering After Landmark IPO
SpaceX has secured $25 billion in fresh funding through a bond offering, extending its access to capital markets just days…
Nigeria Records Higher Fuel Shipments to Togo as Local Refining Capacity Grows
June 24, 2026
Nigeria Records Higher Fuel Shipments to Togo as Local Refining Capacity Grows
Nigeria’s petroleum exports to Togo climbed significantly in the first quarter of 2026 as increased domestic refining capacity strengthened the…
Oil Prices Slide to Four-Month Low as Hormuz Supply Concerns Ease
June 24, 2026
Oil Prices Slide to Four-Month Low as Hormuz Supply Concerns Ease
Oil prices fell to their lowest level in four months on Wednesday as easing concerns over supply disruptions through the…
Dollar to Naira Climbs to ₦1,400 as FX Demand Pressures Naira in Parallel Market
June 24, 2026
Dollar to Naira Climbs to ₦1,400 as FX Demand Pressures Naira in Parallel Market
The Dollar to Naira exchange rate rose in the black market on Wednesday, June 24, 2026, as renewed demand for…
Ethiopian Airlines Takes Delivery of First Twin Otter Classic 300-G Aircraft
June 23, 2026
Ethiopian Airlines Takes Delivery of First Twin Otter Classic 300-G Aircraft
Ethiopian Airlines Group has taken delivery of the first of two DHC-6 Twin Otter Classic 300-G aircraft from De Havilland…
Nigeria Seizes $363 Million Worth of Meth in Major Anti-Drug Operation
June 23, 2026
Nigeria Seizes $363 Million Worth of Meth in Major Anti-Drug Operation
National Drug Law Enforcement Agency (NDLEA) has uncovered what authorities described as one of the largest methamphetamine production operations ever…
Deap Capital Rebrands as Critical Minerals Financing Corp., Moves Headquarters to Victoria Island
June 23, 2026
Deap Capital Rebrands as Critical Minerals Financing Corp., Moves Headquarters to Victoria Island
Deap Capital Management & Trust Plc has completed its transition to Critical Minerals Financing Corp. Plc (CMFC Plc) following the…
Nigerian Stock Market Gains ₦568 Billion as Investors Return to Banking Shares
June 23, 2026
Nigerian Stock Market Gains ₦568 Billion as Investors Return to Banking Shares
The Nigerian stock market rebounded on Monday as renewed buying interest in banking stocks helped investors recover approximately ₦568 billion…