Wednesday, February 18, 2026
Nigeria’s equity market hits 4% in 23-month high
Nigerian stocks hit a 23-month high on Monday, extending last week's rally and helped by gains in cement, fuel retailing...
Read moreDetailsFashola’s new directive on direct power purchase to ease Gencos’ liquidity
*Discos’ average market remittance still low at 33% The new policy directive to the Nigerian Electricity Regulatory Commission (NERC) by...
Read moreDetailsNigeria’s N51bn matured treasury bills may moderate interbank rates this week
The maturity of over N51 billion treasury bills under the open market operations (OMO) at the weekend may bring moderation...
Read moreDetailsBig business eyes collaboration to combat dearth of innovation
Few people might think serial entrepreneur Sir Richard Branson would need help when it comes to making sure his companies are...
Read moreDetailsEgypt’s foreign reserves jumps to $31.126 bln in May
Egypt's foreign reserves rise to $31.126 billion at the end of May from $28.641 billion at the end of April,...
Read moreDetailsUK PM says London terror attack part of ‘new trend’
U.K. Prime Minister Theresa May described Saturday night’s terror attack in London as a “perversion of Islam” and part of...
Read moreDetailsTrump administration concerned about U.S. firms giving financial ‘lifeline’ to Venezuela
Donald Trump's administration is concerned about any action by U.S. companies that provides a financial lifeline to Venezuela's government, after...
Read moreDetailsNigeria’s naira lost 99.7% value in 44 years
The Nigerian currency, the naira, has historically lost value of up to 99.7 percent relative to the United States dollar...
Read moreDetailsNigeria, world stocks hit record highs, gaining on average 11% in 2017
Global stocks, including Nigeria’s, have maintained bullish runs, gaining on the average 11 percent so far in the year. This...
Read moreDetailsOil prices drop amid glut concerns, as Trump abandons global climate pact
Oil prices tumbled below $50 on Friday amid worries that U.S. President Donald Trump's decision to abandon a global climate...
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