Business

Investor wealth rose by ₦390 billion as market capitalisation climbed to ₦156.239 trillion despite a slight dip in the benchmark index. First Holdco rallied nearly 10 percent to lead 33 gainers, extending buying interest in banking and mid-cap...

Headline inflation eased marginally to 15.91 percent in June from 15.93 percent in May, while monthly inflation slowed to 1.66 percent Food inflation accelerated to 3.75 percent month-on-month as prices of tomatoes, fresh pepper, crayfish and other staples...

OAGF says CBN is yet to remit ₦5.3 trillion in operating surplus. Lawmakers demand answers over unpaid government revenues. The dispute puts Nigeria’s public finance system under fresh scrutiny. The CBN’s position on the claim remains awaited. July 15,...

The Central Bank of Nigeria (CBN) is seeking to raise ₦600 billion at today's Treasury Bills auction, with the one-year instrument expected to attract the strongest investor demand. The auction comes after June's heavily oversubscribed sale, where investors...

Independent petroleum marketers have rejected Dangote Refinery's decision to price fuel in US dollars, warning that the move could increase foreign exchange pressure and make petrol prices more volatile. PETROAN and IPMAN argue that domestic fuel should continue...

Nigeria, Ghana, and Côte d'Ivoire are forming a historic alliance to stop exporting cheap raw beans and take control of their own supply. By acting together, these nations want to break the power of global chocolate brands that...

The Federal Government has begun reviewing a proposal by China Hyway Group to deliver 10,000 homes across Nigeria within 30 months using prefabricated construction technology. The proposed development will be financed under an Engineering, Procurement, Construction and Financing...

GTBank has emerged as Nigeria's Best Overall Performing Bank in The Banker's Top 1000 World Banks Rankings 2026, securing top positions in overall performance, efficiency and financial soundness. The ranking comes as Nigerian banks navigate a more demanding...

The Nigerian stock market recovered ₦720 billion in investor wealth on Tuesday as bargain hunting returned after Monday’s broad sell-off, pushing market capitalisation back to ₦155.849 trillion. First Holdco climbed 9.98 percent to lead the banking sector rally,...

The Federal Government is seeking to raise up to N1.2 trillion by reopening three FGN bonds, reinforcing its reliance on the domestic debt market to finance budget implementation and manage public debt obligations. Rather than issuing new securities,...