Business

Nigeria Aims to Connect 5.2 Million to Electricity Through $750m Renewable Energy Programme

Nigeria Aims to Connect 5.2 Million to Electricity Through $750m Renewable Energy Programme

Nigeria is targeting the connection of 5.2 million people to electricity by June 2026 under a $750 million renewable energy…
Petrol Prices Hit ₦1,400 as Nigeria Tops Africa in Fuel Price Increase

Petrol Prices Hit ₦1,400 as Nigeria Tops Africa in Fuel Price Increase

Nigeria has recorded the highest gasoline price increase among major African economies, with petrol prices rising to around ₦1,400 per…
Nigeria Faces ₦48 Trillion SME Financing Gap as Credit Access Remains Tight

Nigeria Faces ₦48 Trillion SME Financing Gap as Credit Access Remains Tight

Nigeria’s small and medium-sized enterprises (SMEs) are facing a widening financing gap estimated at ₦48 trillion, a shortfall that continues…
OPay Strengthens Nigeria Expansion with New Jos Operations Hub

OPay Strengthens Nigeria Expansion with New Jos Operations Hub

OPay has expanded its operational footprint in Nigeria with the establishment of a new office in Jos, Plateau State as…
Nigeria’s FX Reserves Drop as Import Demand and Market Pressures Rise

Nigeria’s FX Reserves Drop as Import Demand and Market Pressures Rise

Nigeria’s foreign exchange reserves declined by $547 million within two weeks, falling from approximately $49.98 billion to $49.43 billion as sustained…
Nigerian Stock Market Weekly Report: ASI Declines 0.12% as Trading Activity Moderates

Nigerian Stock Market Weekly Report: ASI Declines 0.12% as Trading Activity Moderates

The Nigerian Exchange Limited (NGX) closed the week ended Friday, March 27, 2026, on a negative note as the All-Share…
Black Market Dollar to Naira Exchange Rate Today, Monday, March 30th 2026

Black Market Dollar to Naira Exchange Rate Today, Monday, March 30th 2026

The Dollar to Naira black market exchange rate opened the week on a stable note on Monday, March 30th 2026,…
Energy Markets React to War Risk as Oil Prices Climb Above $115

Energy Markets React to War Risk as Oil Prices Climb Above $115

Global energy markets opened the week under pressure as crude oil prices surged above $115 per barrel, driven by escalating…
Black Market Dollar to Naira Exchange Rate Today, Monday, March 27th 2026

Black Market Dollar to Naira Exchange Rate Today, Monday, March 27th 2026

The Dollar to Naira black market exchange rate strengthened at the start of the new trading week on Monday as…
Nigeria Eyes 1.8 Million bpd Output as NNPC Plans Production Boost

Nigeria Eyes 1.8 Million bpd Output as NNPC Plans Production Boost

Nigeria is targeting an increase in crude oil production to an average of 1.8 million barrels per day (bpd) in…
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