Jose Mourinho Emerges as Frontrunner for Chelsea Managerial Role

  Jose Mourinho, the renowned football manager, has become the...

Burna Boy Ventures into Filmmaking as Executive Producer of ‘3 Cold Dishes’

Grammy Award-winning artist, Damini Ogulu, popularly known as Burna...

NNPC Ltd and Schlumberger (SLB) Forge Alliance to Enhance Upstream Operations

NNPC Energy Services Limited (EnServ) and Schlumberger (SLB) have...

Google Unveils Umoja Submarine Cable Connecting Africa and Australia

  Google is constructing a new submarine cable, Umoja, to...

Foreign Policy

Today: Browse our editor's hand picked articles!

Nigerian Students Protest Teesside University’s Expulsion Amid Economic Crisis

A group of Nigerian students at Teesside University staged...

Taiwan-Nigeria Trade Halved to $500M in 2023, Down from $1B in 2021

The Chief of Mission to the Taiwanese Government in...

Nigeria Among Emerging Markets Attracting Big-Money Investors Amid Structural Shift

LONDON, May 23 - Large global investors are increasingly channeling funds into emerging markets like Nigeria, reflecting a structural shift in investment strategies, according...

The BigRead

Editorial: It’s Time to Prioritize Nigeria’s Workers’ Livelihoods Over Pilgrimage Subsidies

  As Nigeria grapples with an escalating cost of living...

IMF-Endorsed Reforms Damaging Nigeria’s Productive Economic Sovereignty

The recent stance of Nigeria's central bank governor, Olayemi...

How Google lost ground in the AI race

The Silicon Valley group has stumbled in the rollout...

“NERC’s Tariff Hike: Balancing Electricity Subsidy and Affordable Electricity for All Nigerians”

The recent decision by the Nigerian Electricity Regulatory Commission...

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Consumer + Price

The Nigerian Economy

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Markets + Investing
Markets & Investing

SEC approves International Breweries’ 161 billion share rights issue

May 24, 2024. Azonuchechi Chukwu. International Breweries has announced that it...

Stock Market Declines Further, All Share Index Drops By 0.15%

May 24, 2024. Azonuchechi Chukwu. The stock market on the Nigerian...

Stock Market Sheds N89bn, All Share Index Down by 0.16%

May 23, 2024. Azonuchechi Chukwu. It was a bearish session on...

Investors gain N62bn as NGXASI inches up by 0.11%

May 22, 2024. Azonuchechi Chukwu. Transactions on the floor of the...

Nigerian Market Closes Higher, All Share Index Advances By 0.05%

May 21, 2024. Azonuchechi Chukwu. The Nigerian stocks market on Monday...

Stock Market dips by 0.03% as 24 stocks shed weight

May 18, 2024. Azonuchechi Chukwu. Market capitalisation on the Nigerian Exchange...

Monetary + Fiscal Policy

Nigeria’s CBN Bans Street Trading by Bureau De Change Operators to Stabilize Naira

The Central Bank of Nigeria (CBN) has banned street...

Naira depreciates to N1,515/$ in parallel market

May 24, 2024. Azonuchechi Chukwu. The Naira Thursday depreciated in the...

Naira Depreciates To N1,495/$ In Black Market

May 23, 2024. Azonuchechi Chukwu. Nigerian Naira on Wednesday, depreciated in...

Nigeria Issues Bonds to Refinance $3.4 Billion Debt Owed to Central Bank

Nigeria has issued bonds to refinance 4.9 trillion naira...

Commodities

Ivory Coast Leads with 2.2 Million Tons of Cocoa Annually, Far Outpacing Nigeria’s 340,163 Tons

**ABUJA, May 17 (Reuters)** - Once the world's leading...

Analysts Warn of Cocoa Market Peak as Prices Flounder

  US cocoa futures relinquished nearly all of their gains...

Wheat Prices Rally to $649.6 per Bushel Amidst Mixed Commodity Market

Global Commodity Prices as of 3:30 PM GMT+1, Friday,...

Cocoa Futures Projected to Surpass $15,000 a Ton as vory Coast and Ghana Output Declines

Cocoa prices have seen a remarkable surge this year,...

Oil + Renewable

NNPC Ltd and Schlumberger (SLB) Forge Alliance to Enhance Upstream Operations

NNPC Energy Services Limited (EnServ) and Schlumberger (SLB) have inked a technical partnership agreement aimed at strengthening upstream operations in Nigeria's oil and gas industry....

Nigeria Expects $20 Billion Investment Surge in Oil Sector Following New Policies

The Nigerian government, through the Ministry of Petroleum, anticipates...

Diesel Price at Dangote Refinery Soars by 17% Amid Naira Depreciation

The price of Automotive Gas Oil (diesel) produced by...

Nigeria’s Oil Production Could Hit 2 Million bpd if Security Improves, Currently at 1.7 Million bpd Says NNPC’s Kyari

NNPC's Kyari Highlights Nigeria’s Untapped Oil Production Potential Despite...

Disco to Disconnect Unijos Over N80m Debt

May 22, 2024. Azonuchechi Chukwu. The University of Jos is grappling...

Companies + Finance
Companies & Markets

FBN Holdings Plc declares 40 kobo as dividend in FY 2023

May 24, 2024. Azonuchechi Chukwu. FBN Holdings Plc, a parent Company of First Bank Nigeria Limited on Thursday published its Audited Report for the year ended...

Okomu Oil declares N18.50k dividends for shareholders

May 24, 2024. Azonuchechi Chukwu. The Okomu Oil Palm Company Plc.,...

NASCON grows turnover by 37%, assures Shareholders of Continuous Growth, Value Creation

May 23, 2024. Azonuchechi Chukwu. NASCON Allied Industries Plc has assured...

International Breweries Opens Rights Issue, Seeks To Raise N588 Billion

May 23, 2024. Azonuchechi Chukwu. International Breweries opened its N588 billion...

Fidelity Bank Shareholders Approve N60m Compensation Package for Chairman

Fidelity Bank shareholders have approved a new compensation package...

Ecobank Grows Profit by 249% In Q1-2024

May 22, 2024. Azonuchechi Chukwu. Ecobank Transnational Incorporated (ETI) posted a...

Unilever Nigeria appoints Bolaji Balogun as independent non-executive director and chairman of the board

May 22, 2024. Azonuchechi Chukwu. Unilever Nigeria Plc. has announced the...

Airtel Africa Completes $550 Million Bond Repayment

May 21, 2024. Azonuchechi Chukwu. Telecommunications and mobile money services provider,...

Again, TAJBank Wins Best Islamic Bank Award

May 20, 2024. Azonuchechi Chukwu. TAJBank Limited, Nigeria’s fastest-growing non-interest banking...

Shareholders Support MRS Oil Nigeria’s Delisting from Nigerian Exchange

Several shareholders of MRS Oil Nigeria Plc have expressed...

Business News

BDC Agents Reject New CBN Licensing Guidelines

May 23, 2024. Azonuchechi Chukwu. The Central Bank of Nigeria has...

Bank of Industry Grows Profit by 118% to N153 Billion

May 23, 2024. Azonuchechi Chukwu. The Bank of Industry (BOI) said...

NIBSS: Deployed PoS terminals across Nigeria hit 2.7 million in March 2024

May 23, 2024. Azonuchechi Chukwu. The number of Point of Sales...

Toyota Names Nestle, Others as Best Customers

May 22, 2024. Azonuchechi Chukwu. Toyota Nigeria Limited has named Nestle...

UBA to enhance customer experience via Innovations and digital transformation

May 21, 2024. Azonuchechi Chukwu. Group Managing Director/Chief Executive, United Bank...

CEO+Conversation

Green+ Environment

Politics + Govt

State of The Nation

Unknown Gunmen Abduct UNICAL Lecturer

May 24, 2024. Azonuchechi Chukwu. The Cross River State Command has...

Two-Storey Building Collapses During Heavy Rainfall In Lagos

May 23, 2024. Azonuchechi Chukwu. A two-storey building collapsed during heavy...

Kano Assembly to Reinstate Sanusi as Emir

The Kano State House of Assembly has dissolved the...

UK to introduce mandatory English test for migrant graduates

May 23, 2024. Azonuchechi Chukwu. Migrant graduates who go to the...

Security + Safety

Religion + Faith