- South African Rand Weakens on Inflation Concerns
- S&P 500 Tests Record Highs, Bulls Eye Next Leg
- Global Markets Diverge on Elastic Investors’ Sentiment
- FirstHoldco Gains 26% on Strong Investor Sentiment Shift
- Nigeria Hits 104% of OPEC Quota as Oil Production Rises
- Aradel Holdings Gains 20% as Energy Investors Boost Exposure
- Nigeria’s Frontier Market Story: Reassuring Global Investors Beyond Index Inclusion
- Geregu Power Sheds 10%, Investors Reduce Holdings Ahead of Q2
Author: Ogochukwu Ndubuisi
Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.
The Nigerian Exchange (NGX) All-Share Index (ASI) climbed as equities investors gained N99 billion, extending the 3-day rally. The Nigerian stock market closed on a positive note as buying interest persisted in several large- and mid-cap stocks.
AfDB Commits $86m to Agro-Processing Zones Project The African Development Bank (AfDB) says it has committed 86 million dollars to the implementation of the Special Agro-Industrial Processing Zones (SAPZ) Programme in Nigeria as of March 31. The bank said the programme had recorded a commitment rate of 41 per cent and a disbursement rate of 12 per cent, amounting to 25 million dollars. Dr Orison Amu, Implementation Support Manager, Nigeria Country Department, AfDB, disclosed this on Wednesday in Abuja at the Mid-Term Review Meeting of the SAPZ Programme. Represented by Mr Bernard Onzima, SAPZ Nigeria Task Manager, Amu said the…
The Federal Government (FG) has called on farmers, agribusinesses, financial institutions, research organisations, development partners and others to actively support the implementation of the Special Agro-Industrial Processing Zones (SAPZ) Programme.
Minister of Works, Dave Umahi, has issued a 72-hour ultimatum to contractors handling the Abuja-Lokoja road to fully mobilise to site and utilise funds already released by the Federal Government.
TikTok says it removed more than four million videos and interrupted over 86,000 LIVE sessions in Nigeria in the fourth quarter of 2025 as part of efforts to strengthen safety and integrity on the platform.
Moody’s Ratings has today affirmed Bank of Industry Limited’s (BOI) long-term issuer ratings and long-term corporate family rating at B3.
Tax Ombud Seeks End to Multiple Taxation Office of the Tax Ombud (OTO) of Nigeria says efforts are underway to address multiple taxation through collaboration with relevant revenue authorities. The Chief Executive Officer (CEO) of OTO, Dr John Nwabueze, said this during a breakfast meeting with financial correspondents in Abuja on Tuesday. He said that the Joint Revenue Board was working to harmonize tax administration across federal, state and local government levels. According to him, resolving multiple taxation is complex because numerous agencies are involved in revenue collection. Nwabueze said that his office would continue to engage stakeholders to curb…
WHO Chief Urges Uganda to Reconsider Congo Border Closure Over Ebola The Director-General of the World Health Organisation (WHO), Tedros Ghebreyesus, has urged Uganda to reconsider its decision to close its border with the Democratic Republic of Congo over the ongoing Ebola outbreak.Tedros appealed during a visit to an Ebola isolation unit at a hospital in Kampala, the Ugandan capital. He commended Uganda’s response to the outbreak, describing it as prompt and effective. The WHO has declared the outbreak of the rare Bundibugyo strain of Ebola a Public Health Emergency of International Concern. The epicentre of the outbreak is in…
NCC Appoints Princess Oforitsenere Emiko as Interim Chairman of the Digital Bridge Institute Governing Board The Board of the Nigerian Communications Commission (NCC) has appointed Princess Oforitsenere Emiko as Interim Chairman of the governing board of the Digital Bridge Institute (DBI), a move that anchors the Commission’s plan to reposition the Institute for the next era of Nigeria’s communications sector and digital economy. She will be joined on the board by Engr. Abraham Oshadami, Executive Commissioner, Technical Services, and Ms. Rimini Makama, Executive Commissioner, Stakeholder Management, who join as interim Board members. The interim leadership will work alongside the President/CEO,…
Nigeria’s Total Trade for Q1 2026 Stood at N34.78bn – NBS The National Bureau of Statistics (NBS) says Nigeria’s total merchandise trade stood at N34,788.59 billion in the first quarter of 2026. This is according to the NBS Foreign Trade in Goods Statistics Report for Q1 2026 released in Abuja on Monday. This shows a decrease compared to the value of N37,242,903.61 billion recorded in Q1 2025 and N36,214,343.98 billion recorded in Q4 2025. The report said total exports stood at N21,169.27 billion, accounting for 60.85 per cent of total trade. The report said total exports increased by 2.77 per…