Seplat Energy Plc has gained about 57% or N2 trillion, a rare move for an energy-linked stock, based on its historical trading data on the Nigerian Exchange platform.

Money market rates moved in mixed directions as liquidity level in the financial system declined following the debit for Nigerian Treasury bills (NTB) allotment to investors at the midweek auction.

Ripple (XRPUSD) slides by 1.01% to $1.41 due to sustained selloffs in the crypto market. The price slump was primarily driven by sustained institutional selling pressure via ETF outflows and a deeply negative derivatives market.

FMBN Targets N750bn Recapitalisation to Boost Housing Finance The Federal Mortgage Bank of Nigeria (FMBN) has announced a net operating…

Edun Calls for Global South Unity to Check Fragility The Minister of Finance and Coordinating Minister of the Economy, Mr…

In a major move to modernise Nigeria’s aviation infrastructure, the Federal Airports Authority of Nigeria (FAAN) in partnership with MTN Nigeria, has officially launched free, high-speed WiFi services for passengers.

The Minister of State for Finance, Doris Anite-Uzoka, on Thursday announced plans to begin payments for the 2024 and 2025 capital budgets to ministries, departments, and agencies (MDAs).

The naira exchange rate dropped further at the Apex Bank’s official FX window due to increasing demand for foreign payments by eligible market participants.

Nigerian Exchange (NGX) market capitalisation climbed near N124 trillion on Thursday as equities investors’ portfolio value surged by about N1.7 trillion.

As Africa seeks to capitalize on surging global demand for critical minerals to drive GDP growth and industrialization, regional collaboration is emerging as a strategic imperative to unlock the continent’s full resource potential.