Business

Naira appreciates against dollar at official market

The naira appreciated at the official market on Wednesday, April 29, 2026, trading at N1,379.46 against the United States dollar.…

2 weeks ago

Dangote refinery hikes petrol price to N1,275 amid supply disruption

Dangote Refinery has increased its ex-depot price of Premium Motor Spirit by N75 per litre, raising it from N1,200 to…

2 weeks ago

Foreign currency tax revenue jumps 27% to N6.33trn

Nigeria’s tax receipts denominated in foreign currency climbed to N6.33tn in 2025, driven by higher contributions from multinational companies and…

2 weeks ago

Stock market rebounds as investors gain N3.2trn

The Nigerian stock market revived its bullish streak on Tuesday after a one-day downturn, as investors gained N3.205 trillion. The…

2 weeks ago

Judges halt telecom crackdown, order MTN, Airtel to keep airtime credit services

Two Federal High Courts have ordered MTN Nigeria and Airtel Networks to halt enforcement actions that led to the suspension…

2 weeks ago

UAE exits OPEC, OPEC+ in major shift for global oil market

The United Arab Emirates has announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and the wider…

2 weeks ago

Stock market reverses 14-day bullish run, sheds N1.3trn

The Nigerian stock market halted its bullish rally on Monday after 14 consecutive sessions of gains, resulting in a loss…

3 weeks ago

FG sets jet fuel price band, pushes credit deal for airlines

The Federal Government has asked aviation fuel marketers to grant airline operators a 30-day credit window and sell jet fuel…

3 weeks ago

Lagos tops list as Nigeria’s public debt stock hits N159.28trn in Q4 2025

Nigeria’s public debt stock increased from N153.29 trillion ($103.94 billion) recorded in the third quarter of 2025 to N159.28 trillion…

3 weeks ago

PenCom review drives ₦15.53trn stock market gain in 14 sessions

Nigeria’s equities market has sustained a strong rally, posting a ₦15.53 trillion gain over 14 consecutive trading sessions, driven by…

3 weeks ago

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