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The United Kingdom imported more refined petroleum products than crude oil from Nigeria in the 12 months ended March 2026, marking a shift in the composition of the country’s energy exports to one of its major trading partners. The post…
Read moreNigerian listed companies are sitting on increasingly large cash reserves, with the ten cash holders ending H1 2026 with a combined N3.65 trillion in cash and cash equivalents, reflecting a significant build-up in corporate liquidity across the exchange. The post…
Read moreNigerians are increasingly postponing major purchases such as cars, homes and household appliances as high living costs and elevated borrowing rates continue to squeeze household finances. The post Nigerians suspend home, car purchases as living costs squeeze households appeared first…
Read moreNigeria’s three largest listed upstream and integrated oil companies generated a combined N7.05 trillion in revenue during the first half of 2026, as the oil price rally triggered by the US-Israel military campaign against Iran translated into one of the…
Read moreU.S. President Donald Trump has signed a new executive order banning what his administration describes as ‘birth tourism,’ marking a fresh attempt to narrow access to birthright citizenship despite a recent Supreme Court ruling that blocked his broader effort to…
Read moreShareholders of Mutual Benefits Assurance Plc have approved a final dividend payout of N802.47 million for the financial year ended December 31, 2025, alongside several board and governance resolutions. The post Mutual Benefits shareholders approve N802.5 million dividend, re-elect directors…
Read morePresident Bola Ahmed Tinubu, GCFR, has reaffirmed his administration’s commitment to leveraging Nigeria’s capital market as a strategic engine for economic transformation, enterprise growth and long-term capital formation, while announcing plans to reform and list the Nigerian National Petroleum Company…
Read moreAfrica’s startup funding activity slowed sharply in July 2026, with 47 startups raising a combined $102.2 million across disclosed deals. Data compiled by Nairametrics shows that the funding landscape remained heavily concentrated, as the top 10 funded startups attracted $88.85…
Read moreThe Nigerian naira experienced a relatively narrow and steady trading session this week, starting the final day at around N1,366.5/$ at the Nigerian foreign exchange market The post Naira holds firm at N1,367/$ as CBN keeps dollar in check appeared…
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