- Exchange Rate Weakens Near N1,351 as Naira Faces Selloffs
- Senate Probe: Kyari Insists N210trn NNPC Funds Not Missing
- Nigerian Exchange Index Falls as Banking Stocks Face Selloffs
- Custodian Investment at N63: Is a N100 Target Within Reach?
- Dangote Cement Withdraws from London Stock Exchange Listing
- NCDMB, NLNG Commit US$9m to Endowment of Professorial Research Chairs in 6 Universities
- CBN Sells N3.85trn in OMO Bills as Investors Bid N4.07trn
- US, European Indexes Edge Higher on AI Stocks Momentum
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 Joint Admissions and Matriculation Board (JAMB) has adopted 150 as the minimum admissible score for universities and colleges of nursing in the 2026 admission exercise.
Libya Oil Firm Takes Full Control of Country’s Largest Refinery Libya’s state-owned oil company took full control of the country’s largest refinery on Monday, ending a decade-long legal dispute with a United Arab Emirates-based company. The National Oil Corp. (NOC) said it signed a final agreement with UAE-based Trasta to end their partnership in the Libyan Emirates Oil Refining Co. (LERCO), giving the NOC full ownership of the Ras Lanuf refinery and petrochemical complex. NOC Chairman Masoud Suleman called the deal one of the most important developments in Libya’s oil sector since the 2011 uprising, saying it closes one of…
Barcelona Edges Madrid 2-0 to Seal LaLiga Title Barcelona defeated rivals Real Madrid 2-0 on Sunday night to clinch the LaLiga title for the second consecutive time. Goals from Marcus Rashford and Ferran Torres in the 9th and 18th minutes of the game put Barcelona in front in the first half. Madrid couldn’t stage a comeback in the second half as Barcelona were largely in control of the game at Camp Nou. Madrid came close on a couple of occasions, with Jude Bellingham almost pulling one back, but the England midfielder was ruled offside. The win moved Barcelona 14 points…
Dangote Cement Plc has overtaken BUAFoods and MTN Nigeria as the most valuable listed company on the Nigerian Exchange, with its market cap hitting N18.358 trillion at the close of trading on Friday.
The Nigerian Exchange (NGX) All-share index and market capitalisation expanded as equity investors gained N1.1 trillion over the last five trading sessions in the local bourse.
Adewole Adebayo Clinches SDP Presidential Ticket A faction of the Social Democratic Party (SDP) has elected Prof. Adewole Adebayo as its presidential flagbearer in the 2027 election. Adebayo was elected as the sole presidential candidate of the party during the 2026 National Conventions and Presidential Primaries, on Saturday in Bauchi. Edoho James-Nsima, Chairman of the Electoral Committee, declared Adebayo as the overall winner at the end of the exercise. He said that Adebayo was elected and affirmed as the consensus candidate by the delegates from the 36 states and the Federal Capital Territory (FCT). James-Nsima said the election was conducted…
Solana (SOLUSD) spiked by about 6% in 24 hours to $93.42 on market optimism after Exodus launched an AI stablecoin on the Solana network. Reflecting investors’ optimism, Solana trading volume jumped 20% to about $5 billion at the last look on Saturday.
Bitcoin (BTC) price is up 0.65% to $80,391.92, moving in line with a broader market that gained 1.09% amid US job growth that beat and dimmed geopolitical tensions.
Nigeria Moves to Launch New National Shipping Carrier With Global Partners The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, stood before an audience of maritime stakeholders in Lagos on Thursday and announced that the federal government has made significant progress toward relaunching a Nigerian national shipping carrier, the country’s first in over three decades. Two of the world’s most powerful port operators, Abu Dhabi-based AD Ports Group and Dubai’s DP World, have already indicated their interest in partnering with Nigeria to make the vision a reality. The numbers behind the announcement tell a sobering story. Since the collapse…
Investors Gain N3.2trn as Cement Oligarchs Recoup Losses The Nigerian stock market closed in the green on Friday, with investors pocketing N3.2 trillion in capital appreciation, reversing the previous day’s downtrend. The sharp resurgence followed price recovery posted by the cement oligarchs after significant losses posted by Dangote Cement, Lafarge Africa and BUA Cement the previous day. The market performance indicators rose by 2.06% on the back of bullish sentiment, fully offsetting the losses recorded so far this week, reflecting investors’ positive trading sentiment. Trading data from the Nigerian Exchange showed investors increased bets in top tickers, including DANGCEM, OANDO,…