Nigerian Stock Market gains N360 billion in single day
The Nigerian Stock Exchange (NSE) recorded a significant single-day gain of N360 billion on Wednesday, driven by increased buying interest […]
African Business News
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Stocks rise on US rate cut hopes
Global Equities Rise on Expectations of Interest Rate Cuts Asian and European markets experienced a surge on Thursday, with investors
African Business News
ECB Meeting Overshadowed by France’s Political Crisis
The European Central Bank (ECB) is set to convene on Thursday, with France’s deepening political crisis likely to dominate discussions.
Nigeria Fuel Subsidy Savings Inadequate for Development
Nigeria’s fuel subsidy savings are insufficient to meet the country’s development needs, according to Taiwo Oyedele, Chairman of the Presidential
African Business News
Alaska LNG pipeline deal signed by JERA
Japan’s top power generation company, JERA, has signed an initial agreement to purchase liquified natural gas from a major pipeline
Nigeria secures $400m in oil sector decommissioning liabilities
Nigeria’s oil and gas sector is taking proactive steps to mitigate the risks associated with divestment, drawing lessons from costly
Naira gains against dollar for third day
The Nigerian Naira has appreciated against the US dollar for the third consecutive day at the official foreign exchange market.
Nigeria Payments System Vision 2028 Launched
The Central Bank of Nigeria has initiated the development of a new strategic framework for the country’s payments ecosystem, introducing
Nigeria Customs seizes N13.5bn illicit drugs at Onne Port
Nigerian Customs Seize Large Shipment of Illicit Drugs Worth N13.5 Billion Operatives of the Nigeria Customs Service, Area II Command,
Nigeria grid collapse caused by generation company trip
The Nigerian government has provided an explanation for the national grid collapse that occurred on Wednesday, September 10, 2025, at
Nigeria Electricity Theft Crackdown Begins
The Nigerian Electricity Regulatory Commission (NERC) has announced plans to collaborate with the Economic and Financial Crimes Commission (EFCC) to
African Business News
Drunk Japan Airlines pilot causes flight delays and second warning
Japan Airlines has issued a public apology after a drunk pilot caused the delay of three flights, prompting a second