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Business & Economy
NGX Hits 50% Year-to-Date, Market Capitalisation Soars to N98.4 Trillion
As renewed investor demand increased market capitalization by N542 billion in a single session, the Nigerian stocks market maintained its bullish momentum at the beginning of the week,…
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Fuel Price Cut: NNPCL GCEO Ojulari Names Biggest Beneficiaries
According to Bayo Ojulari, Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Nigerians stand to gain the most from the continuous gasoline price…
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Enugu East Chairman Unveils N18.87 Billion 2026 Budget Focused on Consolidation and Growth
Pastor Beloved Dan Anike, the Chairman of Enugu East Local Government Area, has presented the Enugu East Legislative Council with a ₦18.87 billion 2026 Budget Proposal that outlines an…
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Nigeria’s Stock Market Dips by N311bn as Investors Take Profits
Due to profit-taking in medium- and large-capitalized stocks, the equities market saw a negative performance on Tuesday, with indices falling by 0.33%.
This came following a bullish…
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CBN Moves to Clamp Down on Dud Cheques, Proposes 5-Year Ban for Repeat Offenders
The Central Bank of Nigeria (CBN) has unveiled a stringent draft guideline that seeks to impose a five-year restriction on individuals who repeatedly issue dud cheques. The policy,…
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Edun Eases Market Concerns, Assures Fair Capital Gains Tax as NGX Lists N100bn MREIF to Bridge…
In honor of the listing of the Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF) Series 2, the Nigerian Exchange (NGX) invited Mr. Wale Edun, the Minister of…
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FG Abolishes Five Common Bank Charges Effective January 2026 Under New Tax Law
Beginning January 1, 2026, Nigerians will no longer pay several common bank charges as part of the Federal Government’s comprehensive tax reform, which is scheduled to take full effect…
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Corruption Undermining Nigeria’s Mortgage System – NIQS
The Nigerian Institute of Quantity Surveyors has issued a warning that the country's mortgage system is being undermined by pervasive corruption in the housing and financial sectors,…
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Aviation Minister, Turkish Ambassador Hold Talks on Radar Partnership
Festus Keyamo SAN, the Minister of Aviation and Aerospace Development, welcomed His Excellency Mehmet Poroy, the Ambassador of the Republic of Turkey to Nigeria, to the Minister's…
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Nigeria’s Stock Market Tumbles as Trump Threatens Invasion Over Alleged Genocide on Christians
Nigeria’s financial markets were rattled on Monday following a shocking statement by former U.S. President Donald Trump, who threatened to invade the country over what he described as…
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