Business

Geregu Power Moves to Calm Investors Over Bond Repayment Concerns

Geregu Power Moves to Calm Investors Over Bond Repayment Concerns

Geregu Power Plc has moved to reassure shareholders and investors over concerns surrounding its bond repayment obligations, saying it is…
Brent Crude Oil Drops Below $88 as U.S. Crude Stocks Surge 17.4 Million Barrels

Brent Crude Oil Drops Below $88 as U.S. Crude Stocks Surge 17.4 Million Barrels

Crude oil prices declined on Thursday as a sharp increase in United States inventories and weakening global demand expectations outweighed…
BUA Foods Sheds N1.52 Trillion in Market Value After 10% Share Price Decline

BUA Foods Sheds N1.52 Trillion in Market Value After 10% Share Price Decline

BUA Foods Plc recorded one of its sharpest single-day declines on the Nigerian Exchange (NGX) on Wednesday after its shares…
Yellow Card Eyes Global Expansion After $40m Funding Round

Yellow Card Eyes Global Expansion After $40m Funding Round

Yellow Card is accelerating its international growth strategy after securing $40 million in fresh capital to expand its stablecoin-based payment…
Black Market Dollar to Naira Exchange Rate for Today, Thursday, August 13, 2026

Black Market Dollar to Naira Exchange Rate for Today, Thursday, August 13, 2026

The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained relatively stable on…
NGX Rallies 0.73% as Investors Gain N743 Billion, Fortis Global Dominates Trading

NGX Rallies 0.73% as Investors Gain N743 Billion, Fortis Global Dominates Trading

The Nigerian Exchange (NGX) recorded its strongest daily advance in August on Tuesday as renewed buying interest lifted the benchmark…
Brent Crude Oil Climbs Toward $90 as Middle East Tensions Keep Oil Market on Edge

Brent Crude Oil Climbs Toward $90 as Middle East Tensions Keep Oil Market on Edge

Oil prices extended their rally on Wednesday with Brent crude oil rising to around $89.66 per barrel and U.S. West…
Nvidia Builds $500 Billion Capital Network to Power AI Infrastructure

Nvidia Builds $500 Billion Capital Network to Power AI Infrastructure

Nvidia has launched a $500 billion AI infrastructure financing platform backed by several of Wall Street’s largest investment firms as…
NRS, JRB Issue New Tax Framework for Virtual Asset Transactions

NRS, JRB Issue New Tax Framework for Virtual Asset Transactions

The Nigeria Revenue Service (NRS), in collaboration with the Joint Revenue Board (JRB), has released new guidelines establishing Nigeria’s administrative…
Tinubu’s Reforms Win Investor Support as Nigerians Grapple With Rising Living Costs

Tinubu’s Reforms Win Investor Support as Nigerians Grapple With Rising Living Costs

President Bola Tinubu’s sweeping economic reforms are winning the confidence of domestic and international investors, but millions of Nigerians continue…
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