Sunday, April 12, 2026
Sell-offs drive Nigerian stocks to biggest one-day loss in 8 months as index goes down 3.5%
A raft of stock sell-offs by investors saw Nigerian stock market record its biggest one-day loss in eight months on...
Read moreDetailsInsufficient lending stalling Nigeria’s diversification, job creation, says OBG survey
As Nigeria continues on the path of recovery from the oil price shock and the 2016 recession, a survey carried...
Read moreDetailsExxonMobil’s 30-year wait to plan investing a whooping $650m in Britain’s Fawley refinery upgrade
The news was all over the place yesterday about ExxonMobil's planned investment of $650 million to upgrade the largest crude...
Read moreDetailsOPEC says oil production rose in August due to high output in Nigeria, others
OPEC, on Wednesday said August crude production by the cartel, rose 278,000 barrels a day to average 32.56 million barrels...
Read moreDetailsAfreximbank says $850m Chinese banks’ funds will enhance African trade
The African Export-Import Bank (Afreximbank) says the 850 million dollars donated to it by two Chinese financial institutions will enable...
Read moreDetailsNigerian equities market posts 5th consecutive negative performance as index falls 0.48%
The Nigerian equities market posted its fifth consecutive negative performance Tuesday when the All-Share Index (ASI) of the Nigerian Stock...
Read moreDetailsNigeria’s federal government list 4 conditions for states to get $2.69bn final Paris Club refund
The Federal Government of Nigeria has listed four conditions to be met by the country's sub-national governments (states) for approval...
Read moreDetailsGold prices drop, could slide further as dollar continues to rise
Gold prices dropped on Tuesday, as the dollar rose on the expectation of a US interest rate increase later this...
Read moreDetailsAfrica is not ready for super fast 5G network – MTN’s CEO
Africa is not ready for next-generation 5G network but would likely be ready to embrace the super-fast technology in about...
Read moreDetailsPremium breadmakers seek review of VAT, 15% wheat import tariff
The Premium Breadmakers Association of Nigeria (PBAN) has asked the federal government to review the extra tariff on wheat importation,...
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