- Dangote, Aradel Selloffs Drag NGX Index, Investors Lose N2.4trn
- EU Cuts Steel Import Quotas to Protect Industry
- NGX Delivers 47% Return as Investors Gain N48trn in 6 Months
- US Lifts Restriction on Anthropic’s Claude Fable, Mythos 5
- NCC Pushes Faster Fibre Rollout, Says Broadband Key to $1trn Economy
- FG to Launch Platforms to Enhance Transparency, Track Performance of MDAs
- Tax: Lagos Chamber of Commerce Seeks One-Month CIT Filing Extension, Waiver
- Oil Prices Increase on US, Iran Back-and-Forth Negotiations
News
Sell pressures in Dangote Cement, Aradel Holdings and other decliners halted Nigerian Exchange
Bitcoin price (BTC) is down 6.12% to $59,821 on Friday amid aggressive crypto selloffs, underperforming a broader market decline and primarily driven by a hawkish reaction to strong U.S. jobs data.
Nigeria’s Total Capital Importation Rises to $10.37bn in Q1 2026 The National Bureau of Statistics(NBS),…
The National Bureau of Statistics (NBS), says the total capital importation into Nigeria stood at 10,371.90 billion dollars in quarter one (Q1) 2026, representing about 84% year on year growth from the equivalent period in 2025.
World growth prospects have been hurt by the oil crisis prompted by the US-Iran war, Fitch Ratings says in its latest Global Economic Outlook (GEO). This has led Fitch to lower its 2026 forecast for global growth by 0.2 percentage points to 2.4%.
The South African Rand is trading steady against the US dollar and other crosses on Friday, while the latest report shows that the country’s foreign reserves fell due to weaker gold prices.
Brent topped $95 per barrel on Friday amidst tighter US sanctions against Russia and persistent geopolitical risks. Meanwhile, hopes for diplomatic progress between Washington and Tehran tempered further gains.