Business

Guinness replaces United Capital on NGX index after review

Guinness Nigeria has replaced United Capital Plc on the Nigerian Exchange Limited (NGX) 30 index. The NGX made this known…

6 months ago

Naira starts 2026 strong, gains ₦4.90 at official market

The Naira began 2026 on a positive note on Friday, strengthening against the U.S. dollar at the official market to…

6 months ago

Stock market opens 2026 with ₦561bn gain

The Nigerian stock market began the new year on a strong note, extending its bullish run on Friday — the…

6 months ago

CBN forecasts inflation slowdown to 12.94% in 2026

The Central Bank of Nigeria (CBN) says inflation in the country is expected to drop to an average of 12.94…

6 months ago

NNPC targets $30bn investment, unveils plan for new oil fields by 2030

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced ambitious plans to start developing new oil fields beginning in…

6 months ago

Solid minerals reforms boost Nigeria’s revenue from ₦16bn to ₦70bn

Revenue from Nigeria’s solid minerals sector is projected to rise to more than ₦70 billion in 2025, a dramatic jump…

6 months ago

Stock market closes 2025 with N533bn gain

The Nigerian stock market closed 2025 on a strong footing on Wednesday, December 31, extending its consecutive gain with N533…

6 months ago

Naira closes 2025 higher at official market

The naira closed 2025 stronger against the United States dollar on Wednesday, December 31, trading at N1,435.75 at the official…

6 months ago

How CBN navigated Nigeria’s economy in 2025

In 2025, the Central Bank of Nigeria (CBN) faced the challenge of steering the country’s economy while inflation was slowing…

6 months ago

Elumelu’s Heirs Energies buys 20% of French oil firm’s stake in Seplat for $500m

Heirs Energies has completed the acquisition of Maurel & Prom S.A.’s entire 20.07 per cent shareholding in Seplat Energy Plc…

6 months ago

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