Friday, May 1, 2026
Investor appetite for gold ETFs lifts Q1 demand to new highs
Onome Amuge Gold demand reached its highest first-quarter level since 2016, buoyed by a sharp resurgence in investment via exchange-traded...
Read moreDetailsNCC moves to review 22-year old Communications Act amid industry evolution
Joy Agwunobi The Nigerian Communications Commission (NCC) has initiated the process to review the Nigerian Communications Act (NCA) of 2003,...
Read moreDetailsMTN, Livestock lead losers’ table as market cap sheds N116.2bn
Onome Amuge The Nigerian stock market experienced a slight downturn on Tuesday, reversing gains made earlier in the week as...
Read moreDetailsU.S. identifies corruption as Key obstacle to investment in Nigeria
Onome Amuge The United States has voiced concerns regarding corruption and a lack of transparency in Nigeria's tender processes, casting...
Read moreDetailsNigerians groan as higher cement pricing boosts manufacturers’ fortunes
Industry records N5.15 trillion revenue, battles high cost of sales Bamidele Famoofo The cement industry in Nigeria has continued to...
Read moreDetailsU.S. tariff pressure nudges Africa towards Asia, intra-regional trade
Onome Amuge Newly imposed tariffs by the U.S are inflicting disproportionate harm on African economies that have diligently integrated into...
Read moreDetailsTribunal upholds $220m fine against Meta, WhatsApp
Joy Agwunobi The Competition and Consumer Protection Tribunal has upheld the $220 million penalty imposed on Meta Platforms Inc. and...
Read moreDetailsNigeria’s economic outlook darkens as IMF flags oil, global risks
Onome Amuge The International Monetary Fund (IMF) has lowered its economic growth forecasts for Nigeria in 2025 and 2026, citing...
Read moreDetailsOil up over 1% following sanctions on Iran, US inventory decline
Onome Amuge Oil prices continued their upward trajectory on Wednesday, building on the previous day's gains as the market absorbed...
Read moreDetailsGold soars to all-time high near $3,500 as Trump-Fed tensions roil markets
Onome Amuge Gold prices surged to unprecedented levels in Asian trading on Tuesday, propelled by persistent safe-haven buying amid heightened...
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