Business
Geregu Power Moves to Calm Investors Over Bond Repayment Concerns
August 13, 2026
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
August 13, 2026
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
August 13, 2026
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
August 13, 2026
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
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
August 12, 2026
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
August 12, 2026
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
August 11, 2026
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
August 11, 2026
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
August 11, 2026
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…