Tuesday, September 1, 2026
Dangote Cement, Stanbic, ETI buoy Nigerian stocks as index rises 0.42%
The Nigerian equities market maintained a positive close Tuesday as the NSEASI rose 42bps to 44,493.79 points while year-to-date (YTD)...
Read moreDetailsLondon court ruling bugs down concession of Nigeria’s Ajaokuta steel plant
Plans by the Nigerian government to concession its steel plant in Ajaokuta are being slowed by legal issues that have...
Read moreDetailsWorld Bank support for Nigeria, fragile states doubles to more than $14bn
Rachid Benmessaoud, the World Bank Nigeria country director, said on Tuesday that the World Bank Group’s support to fragile states, including Nigeria through its...
Read moreDetailsNigeria’s power transmission company, TCN, transmits 27,366mw more electricity than DISCOs can handle in January
Nigeria is currently generating and producing more electricity than it can distribute as the allocation to various distribution companies, (DISCOs)...
Read moreDetailsFMDQ sees positive outlook for Nigerian debt capital markets in 2018
The FMDQ OTC Securities Exchange (FMDQ) has forecast a positive outlook for the Nigerian debt market, saying that its achievement...
Read moreDetailsOil falls on robust dollar, pushing the price below $69 a barrel, first time in six days
International oil price fell on Tuesday for a second day running as a stronger dollar dented risk-linked assets such as...
Read moreDetailsNigeria’s equities market opens trading week positive as index rises 1.22%, but the bears maintain control
The Nigerian equities market began the new week on a positive note as the Nigerian Stock Exchange All-Share- Index (ASI)...
Read moreDetailsNigeria legislature to revise local content law for oil, gas industry as it fails to achieve set goals
The Nigerian Senate has said it will amend the Nigeria Oil and Gas Industry Content Development Act (NOGICD) 2010, after investigations revealed...
Read moreDetailsN5.1trn subsidy claims verified, approved by regulatory agency, says Nigeria state oil corporation
The Nigerian Senate has launched an investigation into subsidy payments of ₦5.1 trillion by Nigeria's central government to state oil company, the  Nigerian...
Read moreDetailsFavourable climate lifts transactions on Nigerian bourse to N480.8bn in December 2017
The total value of transactions on the Nigerian Stock Exchange in the month of December 2017 rose significantly by 72.64...
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