Business

Stock market records N409bn gain as bullish run continues

The Nigerian stock market sustained its bullish sentiment on Wednesday, January 7, 2026, adding N409 billion to investors’ portfolios. The…

6 months ago

Apapa Customs generates N2.93trn revenue in 2025

The Apapa Customs Command of the Nigeria Customs Service (NCS) says it generated N2.93 trillion revenue in 2025 representing 24.32…

6 months ago

Gold slips from one-week high

Gold slid on Wednesday, January 7, 2026, as investors booked profits after prices briefly hit a more than one-week high…

6 months ago

DisCos generate N570bn despite persistent power outages

Nigeria’s electricity distribution companies (DisCos) recorded higher earnings in the third quarter of the year, even as many customers continued…

6 months ago

Stock market extends bullish rally as investors gain N469bn

The Nigerian stock market closed on a positive note on Tuesday, January 6, 2026, delivering a N469 billion gain to…

6 months ago

Naira appreciates against dollar at official market

The naira opened the week with further appreciation against the United States dollar at the official market, trading at N1,429.30…

6 months ago

NGX market capitalisation hits N100trn

The market capitalisation of the Nigerian Exchange Limited (NGX) hit N100 trillion on Monday, January 5, 2026. Data obtained from…

6 months ago

NNPC subsidiaries’ debt surges 70% to N30.3trn

The Nigerian National Petroleum Company Limited is facing mounting financial pressure as debts owed by its subsidiaries and related entities…

6 months ago

Tony Elumelu’s net worth hits $3.2bn

The Chairman of Heirs Energies, Tony Elumelu, has seen his net worth rise to an estimated $3.2 billion, driven largely…

6 months ago

Why banks close 229 branches in Nigeria

Nigeria’s banking sector closed 229 physical branches in the past year as customers increasingly prefer electronic payment channels, especially Point…

6 months ago

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