News

Germany says it will increase investment in Nigeria as trade between the two countries grows by 10 per cent. Nigeria remains Germany's second-largest trading partner in Sub-Saharan Africa, with more than 100 German companies already operating in the...

• Brent crude climbed above $95 per barrel for the first time in six weeks as renewed conflict in the Middle East heightened fears of disruptions to global oil supplies. • The price rally is already affecting Nigeria, with petrol...

• Nigeria's external reserves have exceeded $52 billion, reaching their highest level in more than 17 years and surpassing the Central Bank of Nigeria's 2026 target. • Analysts attribute the milestone to higher crude oil revenues, stronger export performance and...

The Central Bank of Nigeria has directed banks to channel the gains from recapitalisation into financing productive sectors of the economy. CBN Governor Olayemi Cardoso said the regulator's focus has shifted to stronger governance, risk management and economic...

Air Peace and Etihad Airways sign strategic interline agreement, creating seamless travel connections between Nigeria, the UAE and 20 destinations across West and Central Africa. Etihad passengers will be able to book single-ticket journeys from Abu Dhabi through...

Investors lost about ₦801 billion as profit-taking in heavyweight consumer stocks dragged the NGX lower despite a positive market breadth. Cadbury and Unilever surged by 10.00 percent each, while Nestlé and BUA Foods led the day’s losers with...

US President Donald Trump has commended President Bola Tinubu's leadership in the fight against terrorism, describing his efforts to protect Nigerians as decisive and worthy of international support. Trump specifically praised Tinubu's resolve to confront terrorist attacks on...

INEC asks Federal High Court to dismiss Emeka Ike's ₦10bn privacy suit, insisting Nigeria's voter register is a public document under the Electoral Act 2026 Electoral Commission denies leaking the actor's voter registration details, says the information complained...

APC rejects Atiku Abubakar's allegation that the ₦12.8 trillion Service-Wide Vote in the 2026 budget is a hidden fund to bankroll President Bola Tinubu's 2027 re-election campaign, describing the claim as false and politically motivated. Ruling party says...

First HoldCo's market capitalisation climbed above N5 trillion during Wednesday's intraday trading after investors responded positively to the group's impressive half-year financial performance. The lender's shares traded between N112 and N113 on the Nigerian Exchange, extending gains from...