First HoldCo Opens N1.4 Trillion Share Sale as Investor Demand Surges
First HoldCo has launched a N1.4 trillion secondary share sale on the Nigerian Exchange (NGX), marking one of the largest...
First HoldCo Launches $1 Billion Share Sale to Strengthen Capital and Expand Business
First HoldCo Plc has commenced a public offering aimed at raising approximately $1 billion, marking one of the most significant...
Hormuz Shipping Slumps as Middle East Tensions Push Brent Crude Towards $100
Commercial shipping through the Strait of Hormuz has dropped to its lowest level in two months as escalating military tensions...
CBN: Banks’ Maximum Lending Rate Falls to 33.16% as Monetary Policy Pause Continues
Nigeria’s average maximum lending rate declined to 33.16 per cent in June 2026, down from 34.78 per cent recorded in...
Brent Crude Holds Above $100 as Middle East Tensions Raise Fresh Global Oil Supply Fears
Global oil prices remained above the $100 per barrel mark on Friday, extending a strong upward trend as investors weighed...
Global Markets Slide as AI Concerns Deepen and Oil Surges Above $100 Per Barrel
Global financial markets came under renewed pressure as a sharp selloff in technology stocks gathered pace, driven by growing concerns...
Organised Private Sector Rejects PenCom’s Proposed Pension Contribution Increase
The Organised Private Sector of Nigeria (OPSN) has strongly opposed a proposal by the National Pension Commission (PenCom) to increase...
Nigeria’s Mini-Grid Expansion Gains Momentum as 48 Projects Take Shape Across 19 States
Nigeria has taken another major step toward expanding electricity access as the Rural Electrification Agency (REA) announced that 48 interconnected...
FG Targets N342bn Revenue After Slashing Oil Block Signature Bonus Fees
The Federal Government is expected to generate about N342 billion from signature bonuses payable by successful bidders in the 2025...
Nigeria Intensifies Push for Intra-African Trade Expansion Under AfCFTA Framework
Nigeria has renewed its push to deepen intra-African trade under the African Continental Free Trade Area (AfCFTA) framework, as policymakers...
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