The naira regained value at the Nigerian foreign exchange market (NFEM) on Wednesday as improved hard currency liquidity reduced pressures from surging FX demand for international payments and settlements.

The Nigerian Exchange (NGX) year-to-date return climbs to 62.27% on Wednesday as funds continue to rotate into risky assets, though stockbrokers spotted a slowdown in momentum.

Court Sentences Ex-Power Minister to 75 Years Imprisonment The Federal High Court in Abuja on Thursday sentenced the former Minister…

The global oil market rallied over fading hopes for a lasting ceasefire between the US and Iran, renewed concerns that prolonged geopolitical tensions in the Middle East could threaten global oil supplies.

Russian Finance Minister Warns Hormuz Blockade Could Trigger Global Recession The blockade of the Strait of Hormuz has already triggered…

MTN Group (MTN) released an update for the first quarter ended 31 March 2025. Service revenue increased 20.5% to R56.7 billion.  The topline was buoyed by 5.4% increase in customer base, which expanded to 312.7 million.

The South African rand weakened against its major crosses, trading at R16.50 per dollar, R19.34 per euro, and R22.30 per pound, First National Bank (FNB) said in its morning brief on Wednesday.

S/East APC Dismisses ₦800bn Fund Diversion Allegation Against Uzodinma The South East Chapter of the All Progressives Congress (APC) says…

US Appeals Court Temporarily Pauses Ruling Against Trump Tariffs U.S. President Donald Trump has secured an interim victory in the…

Persistent volatility over the United States (US)-Iran ceasefire and higher-than-expected US inflation rippled through global markets, with Wall Street closing mixed.