The British pound traded at N1,837/£1 against the naira at the start of trading on Thursday, reflecting sustained demand for the UK currency amid...
A proposed review of the revenue-sharing formula for Nigeria’s aviation agencies has sparked fresh controversy, with engineers at the Nigeria Civil Aviation Authority (NCAA) rejecting plans...
The Nigerian Communications Commission (NCC) has formally transferred the Digital Industrial Park and the Digital Bridge Institute (DBI) to the Enugu State Government under...
The Nigerian Exchange Limited (NGX) closed higher on Wednesday as renewed investor interest in blue-chip and banking stocks lifted market capitalisation by approximately ₦71 billion, reversing...
Nigerians spent an estimated N1.41 trillion on beer, malt and spirits in the first six months of 2026, highlighting the resilience of the country’s...
Foreign-owned banks have maintained their dominance as the primary channels for foreign capital entering Nigeria, processing nearly nine out of every 10 dollars of capital imported...
Nigeria recorded a sharp increase in foreign direct investment (FDI) inflows in 2025, bucking the broader decline across Africa, according to the United Nations...
Dangote Industries Limited has signed a Memorandum of Understanding (MoU) valued at more than $800 million with Chinese engineering giant Sinoma International Engineering Co. Ltd. to...
Investors in the Nigerian stock market are turning their attention to MTN Nigeria Communications Plc, which has announced a N26.00 interim dividend per share, one...
Faced with high interest rates, persistent inflation and currency volatility, Nigerian investors are increasingly reshaping their investment strategies, directing funds into treasury bills, equities, real estate...