Tuesday, June 16, 2026
MTN, 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...
Read moreDetailsFUGAZ banks lead financial boom with 57.6% growth, grossing N17.4trnÂ
Analysts raise concerns over limited trickle-down to real economy Onome Amuge Nigeria's FUGAZ banks – First HoldCo Plc, UBA, GTCO,...
Read moreDetailsNigeria’s trade surplus jumps 107% to $2.2bn- CBN
Onome Amuge Nigeria recorded an increase in its trade surplus in January 2025, reaching $2.2 billion, representing a 107.5 per...
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