Nigerian Stock Market Kicks Off the Week Strong, Adding N288 Billion for Investors!
The Nigerian stock market began the week on a bullish note on Monday, with investors recording a gain of N288 billion despite a negative market breadth. Marke...
Business & Money · Page 8
Unraveling Nigeria's Electricity Crisis: Insights from Former TCN MD Mohammed
Former Managing Director of the Transmission Company of Nigeria, TCN, Usman Mohammed, has revealed why there is no stable electricity supply in Nigeria. He disc...
NNPCL Reports Impressive N535bn Profit After Tax Amidst N4.4tn Revenue Surge
Nigerian National Petroleum Company Limited, NNPCL has released its financial statement for June 2026. According to the financial statement released on X on Fri...
Dangote Refinery Poised to Contribute 10% to Tinubu's Ambitious $1 Trillion Economy Goal, Says President
The President of Dangote Refinery and Dangote Group, Aliko Dangote, has said the 700,000-barrel-per-day refinery can help achieve 10 percent of President Bola A...
"Enoh: No Industry Minister in Nigeria Should Skip a Visit to Dangote Refinery"
Minister of State for Industry, John Owan Enoh, has highlighted the role of the Dangote Refinery in Nigeria’s economy under President Bola Tinubu. Enoh, in his...
Investors Suffer N648 Billion Loss as NGX Takes a Dive
The Nigerian stock market closed in the red on Wednesday, wiping out the previous session’s gains as investors recorded a combined loss of N648 billion. The bea...
Nigeria Customs Unveils New Tariff Changes and Fiscal Measures!
Nigeria Customs has announced the implementation of the 2026 Fiscal Policy Measures and Tariff Amendments approved by President Bola Ahmed Tinubu. The announcem...
AEDC Issues Alert: New Power Outage Hits Abuja
The Abuja Electricity Distribution Company, AEDC, has announced a fresh power outage affecting parts of the Federal Capital Territory, FCT, Abuja. The distribut...
Nigerian Stock Market Kicks Off Week on a Down Note, Investors Shed N76bn
Investors lost N76 billion on the Nigerian stock market on Monday as profit-taking in selected large and mid-cap stocks dragged equities lower at the start of t...
FCMB Group Shines in H1 2026: Profit Before Tax Soars 99% to ₦157.3 Billion!
FCMB Group Plc (NGX: FCMB) has announced its unaudited financial results for the half-year ended June 30, 2026, reporting a 99% year-on-year increase in profit...
"Economist Explains Why US Tariffs of 12.5% on Nigerian Imports Aren't a Big Deal"
Economist and financial analyst, Dr. Muda Yusuf has reacted to the 12.5 percent tariff imposed by the United States, under President Donald Trump, on imports fr...
Cooking Gas Prices Continue to Drop in Several Regions of Nigeria
The price of Liquefied Petroleum Gas, LPG, commonly known as cooking gas, has continued to decline in parts of Nigeria over the past three weeks. A market surve...