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NGX All Share Index (NGX ASI) experienced a 0.62% week-to-date decline, closing at 109,028.62 points compared to 109,710.35 points last week. Market activity was predominantly bearish,...
Federal Capital Territory Administration FCTA said it will next Monday begin to take possession of the 4,794 properties revoked over non-payment of Ground Rents, for between...
ECOWAS Bank for Investment and Development says Nigeria is its biggest contributor and is expected to provide additional financing of $100 million. EBID said it had...
Flutterwave Founder and CEO, Olugbenga “GB” Agboola, has been appointed as a jury member for the Payments Award category at the inaugural Money20/20 Awards. This newly...
Central Bank of Nigeria (CBN) has issued a draft framework aimed at overhauling anti-money laundering (AML) practices across the country’s financial sector. In its circular titled...
NGX stock trading extended its bearish sentiment as the NGX-ASI fell 40bps to 109,183.93 points following sell pressure on TRANSCORP (-4.4%), FIDELITY (-7.0%), and DANGSUGAR (-5.9%)....
Dangote Petroleum Refinery & Petrochemicals has said it has reduced the price of its petrol by N15 to N875 per liter. It said “As a result of...
Renaissance Africa Energy Company Limited says it is injecting $15 billion into its oil fields located onshore and in shallow waters in the Niger Delta region in...
The rising demand for gold and critical minerals is fuelling crimes, corruption, and instability in Africa, the UN Office on Drugs and Crime has said. This...
World Health Organisation member states have approved a 20 per cent increase in assessed contributions as they endorsed the organisation’s 2026 to 2027 budget of $4.2...
At the trading floor of Nigerian Exchange sustained sell pressure on bellwether stocks – ACCESSCORP (-4.2%), OANDO (-4.8%), and UBA (-1.7%) – pulled the local bourse...
Ministry of Steel Development, and Ministry of Communications, Innovation and Digital Economy, are to partner to source for locally manufactured steel products for telecommunication infrastructures across...
Afreximbank Group has said it delivered satisfactory financial performance for the first quarter of 2025, meeting expectations with solid profitability, strengthened liquidity and a resilient capital...
National Bureau of Statistic NBS, said that the average retail price paid by consumers for petrol, commonly known as petrol, rose to N1,239.33 in April 2025,...
As the United States imposes higher tariffs with global ramifications, African Development Bank Group President Dr. Akinwumi Adesina has warned that these measures could trigger significant...