Friday, May 1, 2026
Naira posts mixed fortunes in Nigerian currency markets
The Nigerian naira remained flat at N363 to the dollar in the parallel market, but continued to dip in value...
Read moreDetailsNigeria Inflation rate slows to 12.48% in April
The National Bureau of Statistics, Tuesday declared that the annual inflation rate in Nigeria stood at 12.48 percent for the...
Read moreDetailsBrent, WTI hold gains as markets tighten amid signs of strong oil demand, Iran sanction
Crude oil prices held firm on Tuesday as ongoing production cuts by OPEC and looming U.S. sanctions against Iran tightened...
Read moreDetailsOPEC revises global oil demand forecast to 1.65mbpd amid rising prices
OPEC has revised its forecast for global oil demand growth this year, noting that sanctions, tariffs, and the U.S. withdrawal...
Read moreDetailsNigeria’s state oil firm issues crude oil contracts expected to last for two years
Nigeria's state oil company, Nigerian National Petroleum Corporation (NNPC), has issued crude export contracts that are expected to last two...
Read moreDetailsNigerian stocks edge lower 0.84% as sell-offs trail bellwethers
Nigerian stocks started the week Monday on the low as losses in market bellwethers - NESTLE (-3.2%), DANGCEM, (-0.6%) and...
Read moreDetailsNigeria, Africa’s largest telecom market, poised for increased investment, BuddeComm study reveals
Africa's largest telecom market, the Nigerian telecom industry, has been tipped for increased foreign investments. a study by BuddeComm, a...
Read moreDetailsCanada’s Thor Explorations, Australia’s Kogi Iron hunt for $422m to invest in Nigeria’s gold, iron ore mining
Nigerian mining sector appears to be gaining the attention of foreign investors as Canadian-listed Thor Explorations and Australian-listed Kogi Iron...
Read moreDetailsExperts urge Nigeria to sign AfCTA, say pact indispensable to trade expansion
Nigeria has been advised to reconsider its reluctance to sign the African Continental Free Trade Area (AfCFTA) agreement. According to...
Read moreDetailsNigeria’s failure to count, a stall on economic growth
Abba Eban, an Israeli diplomat, and politician, and a scholar of the Arabic and Hebrew languages, is often ascribed an old...
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