- Nigerian Naira Gains 4.7% in 7 Months, Nears Fair Value
- Interbank Rates Mixed as Banking System Liquidity Sinks by 21%
- Bitcoin Rebounds as Michael Saylor Clarifies Strategy’s $5bn Sale Claim
- CPPE Seeks Reform of Development Finance
- Conoil Profit Rises Six Folds, Margin Expands
- Trump Halts Planned Iran Strike Amid Peace Push
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- EU Begins Wider Enforcement of AI Act From Aug. 2
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.
Abia, Investors Partner on $145m Solar Manufacturing Plant The Abia government and a consortium of local and foreign investors have intensified efforts to establish a 145 million dollar solar manufacturing plant in the state under a Public-Private Partnership (PPP) arrangement. The proposed facility, to be located at Umuelele in Isiala Ngwa South Local Government Area, is a partnership between the Abia State Government, MD Nwakamma Nigeria Ltd, and Chinese technical partners. Gov. Alex Otti gave the assurance of the state’s commitment to the project while receiving the investors on Thursday in Nvosi, Isiala Ngwa South Local Government. The governor said…
Oyo Govt Approves Over N35bn for Agriculture, Others The Oyo State Government has unveiled a fresh round of multi-billion naira intervention in the agriculture sector, among others. Prince Dotun Oyelade, the state Commissioner for Information and Civic Orientation, disclosed this in a statement on Thursday in Ibadan. Oyelade said the approvals were targeted at strengthening agro-industrialisation, road infrastructure, health facilities, and repositioning sports in the state. According to him, the council meeting approved an interest-free strategic loan of N3billion for an indigenous cassava-processing factory in Ado-Awaye in Iseyin Local Government Area (LGA) He said the factory, which produces cassava flour…
Tantalizers Assures Shareholders of Sustainable Growth Tantalizers Plc has assured shareholders that its return to profitability rests on strong operational foundations designed to deliver sustainable long-term growth and improved investment returns. Speaking at the company’s Annual General Meeting in Lagos on Thursday, Chairman Alhaji Adam Nuru credited the 2025 financial turnaround to carefully executed strategic decisions. Nuru explained the decisions were specifically designed to strengthen operations, reduce execution risks, and position the company for sustained expansion across multiple business segments. He said stronger revenue generation, improved finance income, disciplined cost management and sustained operational efficiency collectively drove the company’s successful…
The Nigerian local currency, the naira, rose against the US dollar (USD) at the official window on Thursday as the nation’s foreign reserves continue to move towards $52 billion.
The Nigerian stock market shed more than N32 billion in value from the equities portfolio
Oil prices edged lower on Thursday as investors looked past renewed geopolitical tensions in the Middle East
FG Boosts Global Authentication of Nigerian Passports The Federal Government has strengthened the international authentication of Nigerian passports by successfully importing all the country’s Country Signing Certificate Authorities (CSCAs) into the International Civil Aviation Organization (ICAO) Public Key Directory (PKD). The Nigeria Immigration Service (NIS) said this in a statement issued on Wednesday in Abuja by its Service Public Relations Officer, Deputy Comptroller of Immigration (DCI) Akinsola Akinlabi. Akinlabi said the milestone was achieved on July 13 during a ceremony at the ICAO headquarters in Montreal, Canada, led by the Comptroller-General of NIS, Kemi Nandap. He said the exercise was…
Jack-Rich, Eric Trump Advocate Closer U.S.-Nigeria Ties Tein Jack-Rich, President of Belemaoil Group, has called for a stronger Nigeria-U.S. economic partnership, describing it as the catalyst for Africa’s industrialisation and long-term prosperity. Jack-Rich, a former APC Presidential aspirant in 2022, made the call while receiving an award at the Celebrate America 250 event commemorating America’s semiquincentennial in Washington, D.C., on Wednesday. The event attracted prominent American political and business leaders, including Eric Trump, members of the U.S. Congress, among them Rep. Jim Jordan. Speaking after receiving the honour, Jack-Rich said Africa’s greatest need was greater access to U.S. markets, investments,…
The Federal High Court in Abuja on Wednesday ordered the final forfeiture of 48 properties, including a university, linked to Mr Abubakar Malami, former Attorney-General of the Federation (AGF), to the Federal Government.
The equities segment of the Nigerian Exchange (NGX) closed lower as the benchmark All-Share Index (ASI) declined by 0.21% to settle at 242,366.75 points.