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The Nigerian equities market extended its losing streak on Wednesday as aggressive selloffs in Geregu Power, Okomu Oil Palm, and other heavyweight counters pushed the NGX All-Share Index lower by 0.49%, wiping approximately N762 billion from market capitalisation to close…
Read moreFears of a jet fuel shortage ahead of the peak summer travel season have eased as higher refinery production and increased exports from countries including Nigeria have helped rebalance the global aviation fuel market. The post Jet fuel supply concerns…
Read moreNigeria’s current account surplus rose by 255.71% to $4.98 billion in the first quarter of 2026, from $1.40 billion in the fourth quarter of 2025, according to provisional balance of payments statistics released by the Central Bank of Nigeria (BOP).…
Read moreFormer Nigerian Minister of Petroleum Resources, Diezani Alison-Madueke, has been acquitted of all six bribery charges brought against her by UK prosecutors, bringing an end to a high-profile corruption trial that spanned several weeks in London. The post Diezani Alison-Madueke…
Read moreFormer De Beers CEO Gareth Penny has emerged as the frontrunner to acquire De Beers, the world’s largest diamond mining company. The post Former De Beers CEO Penny leads acquisition for world’s largest diamond company appeared first on Nairametrics.
Read moreSterling Financial Holdings Company Plc’s decision to consolidate its shares on a 10-for-1 basis has sparked debate among capital market stakeholders, with analysts and market operators raising concerns about the potential impact on shareholder value, liquidity, and future market performance.…
Read moreNamibia’s central bank has raised its benchmark interest rate by 25 basis points to 6.75%, marking its first rate increase in three years, while also revising its 2026 inflation forecast upward amid rising global energy costs. The post Namibia hikes…
Read moreTen years ago, when we opened the first Marketsquare store, we were driven by a simple but ambitious vision: to build a world-class retail business that understood Nigerian consumers, created value for local communities and demonstrated that an indigenous company…
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