Business

Stock Market Surges 3,067.59 Points as Market Capitalisation Expands by ₦1.97 Trillion

Stock Market Surges 3,067.59 Points as Market Capitalisation Expands by ₦1.97 Trillion

The Nigerian stock market recorded a decisive breakout on Monday as strong institutional buying pushed the benchmark index above the…
Black Market Dollar to Naira Exchange Rate Today, Tuesday, March 17th 2026

Black Market Dollar to Naira Exchange Rate Today, Tuesday, March 17th 2026

The Dollar to Naira black market exchange rate rebounded on Tuesday, March 17th 2026, as renewed demand for foreign currency…
FairMoney Names Gbenga Shobo Chairman, Aderoju Executive Director in Governance Push

FairMoney Names Gbenga Shobo Chairman, Aderoju Executive Director in Governance Push

FairMoney Microfinance Bank has announced the appointment of Gbenga Shobo as Chairman of its Board and Debo Aderoju as Executive…
Nigeria, Togo Explore Expansion of Cross-Border Electricity Trade

Nigeria, Togo Explore Expansion of Cross-Border Electricity Trade

Nigeria and the Republic of Togo are exploring opportunities to strengthen cross-border electricity trade as both countries seek to improve…
CBN Moves to Shield Naira as War-Driven Volatility Hits Global Markets

CBN Moves to Shield Naira as War-Driven Volatility Hits Global Markets

The Central Bank of Nigeria (CBN) has signaled its readiness to intervene in the foreign exchange market to defend the…
Oil Prices Remain Elevated Above $100 as Middle East Tensions Disrupt Supply

Oil Prices Remain Elevated Above $100 as Middle East Tensions Disrupt Supply

Global oil prices remained above the $100 per barrel threshold on Monday as escalating tensions in the Middle East continued…
Black Market Dollar to Naira Exchange Rate Today, Monday, March 16th 2026

Black Market Dollar to Naira Exchange Rate Today, Monday, March 16th 2026

The Dollar to Naira black market exchange rate recorded a moderate decline on Monday, March 16th 2026, as improved short-term…
NGX, SEC Consider Stricter Free-Float Requirements to Deepen Nigeria’s Equity Market

NGX, SEC Consider Stricter Free-Float Requirements to Deepen Nigeria’s Equity Market

The Nigerian Exchange Group (NGX) and the Securities and Exchange Commission Nigeria (SEC) are reviewing existing free-float requirements for listed…
Lagos Commuters Face Disruptions as Ride-Hailing Drivers Begin Strike

Lagos Commuters Face Disruptions as Ride-Hailing Drivers Begin Strike

Thousands of commuters across Lagos are likely to experience transport disruptions this week as drivers operating on major ride-hailing platforms…
Nigerian Equities Market Advances 0.73% Despite Weak Breadth and Lower Turnover

Nigerian Equities Market Advances 0.73% Despite Weak Breadth and Lower Turnover

The Nigerian equities market closed the week ended March 13, 2026 on a positive note, but underlying data shows weakening…
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