- VFD Group Gains 18.4% as Investors Eye N4.478bn Profit Target
- XRP Reclaims $1.50 Price Level as Odds for Fed Rate Hike Eases
- FirstHoldCo Loses 9% as Investors Offload Shares Ahead of Q3 Earnings
- ABC Transport Fires Up, Shareholders’ Wealth Rises 68%
- Risk-off: Benchmark Yield on Nigerian Bonds Rises to 15.92%
- Bitcoin Jumps as SEC Plans New Crypto Rule for Investment Advisers
- Ethereum Price Climbs Ahead of Glamsterdam Testnet Launch
- Naira Drops, FX Gap Widens as Foreign Reserves Hit $54.92bn
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.
Kano State Ranks First in 2026 NECO Kano State has ranked first in the 2026 National Examination Council of Nigeria (NECO), with 74,413 candidates that obtained at least five credits, including English Language and Mathematics. The result showed that Lagos emerged second with 72,496 candidates and Oyo came third with 55,543 candidates. The performance marks the second consecutive year that Kano has topped the NECO national performance chart, after recording the highest number of candidates with five credits, including English and Mathematics in the 2025 examination. Reacting to the development, Gov. Abba Yusuf, in a statement by his spokesperson,…
EU Announces More Than €700m Aid Package for Crises Worldwide The European Union is providing more than 700 million euros (797 million dollars) for displaced people in sub-Saharan Africa and those affected by crises worldwide, European Commission President Ursula von der Leyen said. She announced the funding in a video message for New York’s Global Citizen Festival, which was cancelled due to severe weather. “Conflicts, extreme weather and rising living costs are disrupting the lives of many around the globe,” von der Leyen said. The new package, worth almost 710 million euros, would provide support to displaced communities across Africa,…
I’ll Lead Tinubu’s 2027 Campaign In FCT, Rivers – Wike Minister of the Federal Capital Territory, Nyesom Wike, has announced plans to lead President Bola Tinubu’s 2027 re-election campaign in the FCT and Rivers State. Wike disclosed this on Friday, September 26, 2026, in Chikuku, Abuja, after inspecting the ongoing Phase Two works on the Kuje-Gwagwalada road dualisation project. The minister said he will soon inaugurate campaign teams for Tinubu in Abuja and Rivers, which he will personally lead. According to Wike, supporters of the President from different political platforms have already put their political machinery in place for the…
Ripple (XRP) price increased slightly to $1.55 on Saturday, showing resilience after the Bitget exchange
The Nigerian Exchange (NGX) paused its 2-week rally on Friday, with profit-taking in First Holdco
Trump to Xi: China Helping Iran Is Unacceptable US President Donald Trump made clear to Chinese President Xi Jinping that Chinese assistance to Iran is unacceptable, the US Ambassador to China has said. Ambassador David Perdue said on Friday that Trump delivered the message during candid talks at the White House this week. Perdue said Washington had warned Beijing weeks ago that any help to Iran — direct or indirect, including intelligence, parts or military equipment — would not be tolerated, and that Trump reiterated the position to Xi. He described the Trump-Xi meeting as open and candid, saying the…
Dangote To Fund $660m Fuel Pipeline Between Ethiopia And Djibouti Nigerian billionaire Aliko Dangote is helping to fund a new $660 million (£500 million) fuel pipeline between Ethiopia and Djibouti. The project, a joint venture between Ethiopian Investment Holdings and Dangote Group, was announced on Thursday during a visit by Ethiopian Prime Minister Abiy Ahmed to Djibouti, where he met with Djiboutian President Ismail Omar Guelleh and Aliko Dangote. According to a spokesperson for Prime Minister Abiy, the project will include a 120-kilometre (75-mile) refined petroleum products pipeline running from Damerjog port in Djibouti to a distribution facility in Dewele,…
NNPC Ltd Welcomes $800m Ima Gas Final Investment Decision The Nigerian National Petroleum Company Limited (NNPC Ltd) has welcomed the $800 million Final Investment Decision (FID) on the Ima Gas Project, describing it as a landmark development that affirms the growing viability of Nigeria’s upstream gas sector. The project, located offshore in OMLs 112 and 117 and developed by AMNI International in partnership with TotalEnergies, will produce about 300 million standard cubic feet of gas per day at peak. The output will supply critical feedgas to Nigeria LNG Limited in support of its Train 7 expansion, which will increase capacity…
MDGIF Attracts N1.6trn Private Investment for Domestic Gas Infrastructure The Midstream and Downstream Gas Infrastructure Fund (MDGIF) says it has leveraged N671 billion in public funds to attract N1.6 trillion in private investment into gas infrastructure projects nationwide. Mr Oluwole Adama, Executive Director of MDGIF, disclosed this at the 2026 Annual Conference of the Association of Energy Correspondents Abuja (AECAF) on Thursday in Abuja. Adama, represented by Mr Elvis Duruji, Director of Strategy, Research and Deal Origination, spoke on the theme, “Derisking Domestic Gas Infrastructure.” He said the fund had supported 31 projects and 205 infrastructure assets across the…
Nigeria Demands 2 Permanent UN Seats, Veto Powers for Africa Nigeria has demanded at least two permanent seats for Africa on the UN Security Council, with veto powers for as long as the privilege exists. Vice-President Kashim Shettima made the demand while delivering President Bola Tinubu’s national statement at the 81st UN General Assembly in New York. He also demanded five non-permanent seats for Africa, in line with the continent’s longstanding common position on reforming the Security Council. Shettima said the Council’s present configuration no longer reflected contemporary geopolitical realities and weakened the legitimacy of global decision-making. “The world…
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