Business

Naira dips slightly at official market, settles at N1,343.6

The Naira ended the week on a mildly negative note at the official foreign exchange market, depreciating to N1,343.63 against…

4 weeks ago

Stocks extend rally, add N3.39trn in nine-day gain

The Nigerian stock market sustained its bullish momentum on Friday, recording a ninth consecutive session of gains as market capitalisation…

4 weeks ago

MAN rejects World Bank fuel import proposal, warns of deindustrialisation risk

The Manufacturers Association of Nigeria (MAN) has criticised a recommendation by the World Bank to reinstate petrol import licences, warning…

4 weeks ago

Ericsson records 10% EMEA growth despite profit dip in Q1 2026

Ericsson has reported solid growth across Europe, the Middle East and Africa (EMEA), even as its overall earnings declined in…

4 weeks ago

Middle East conflict may cut Africa’s growth by 0.2% ― Report

The ongoing crisis in the Middle East could reduce economic growth across African countries by up to 0.2 per cent,…

4 weeks ago

Dangote refinery to sell 10% stake via Pan-African IPO

The Dangote Group has announced plans to sell a 10 per cent stake in its $20 billion 650,000-barrel-per-day refinery through…

4 weeks ago

FG acts as airlines threaten shutdown over fuel hike

Aviation Minister Festus Keyamo has appealed to domestic airlines to suspend plans to halt flight operations and hold off on…

4 weeks ago

NGX investors gain N1.66trn as market cap hits N136trn

The Nigerian stock market extended its bullish run on Thursday, April 16, 2026, with investors recording a gain of N1.663…

4 weeks ago

Nigeria spends up to $600m annually importing palm oil— Minister

Nigeria produces approximately 1.4 million metric tonnes of palm oil each year against a domestic demand of more than 2.5…

4 weeks ago

FG expands maritime investments, targets 50,000 new jobs

The Federal Government has stepped up efforts to unlock opportunities in Nigeria’s maritime sector, with ongoing investments projected to create…

4 weeks ago

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