Business
Naira Black Market Exchange Rate Today
NOTE These rates reflect the current market conditions and may vary based on demand and supply dynamics in the black market. It’s important to note…
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Business
Dangote Refinery Don Set Him IPO Price: ₦525 For One Share, Whole Business Worth ₦65.22 Trillion
Lagos — Oga Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) don finally open him mouth and talk him price: ₦525.00 for one share. With that…
Business
KuCoin don show step-by-step to buy Hunter Bidens Laptop
KuCoin, one of the popular crypto exchange platforms wey dey serve plenty customers worldwide, don come out with clear steps for anyone wey want buy…
Business
Dangote Refinery IPO go list for NGX next month, target N225trn market cap
Di Dangote Petroleum Refinery and Petrochemicals FZE, wey dem know as DPRP, don set to become di single largest company for Nigerian Exchange Limited (NGX)…
Business
Uber Don Close Shop for Nigeria and Uganda Wit Immediate Effect
Di world ride-hailing giant, Uber, don announce say im don close operations for Nigeria and Uganda wit immediate effect. Di company talk say e don…
Business
FTSE Russell Don Pick Ten Nigerian Stocks For Frontier Index Return
FTSE Russell don officially confirm di first ten Nigerian large-cap stocks wey go dey im Frontier Index Series, as Nigeria dey set to return to…
Business
Nvidia buy Hugging Face for $12.9 billion, open-source still remain
Nvidia don announce say dem go acquire Hugging Face, di big platform wey dey host open-source AI models, for deal wey value nearly $12.9 billion.…
Business
Dell shares jump 9% as company beat expectations with Q2 results
Dell Technologies shares don move 9% higher for extended trading on Tuesday after di computer maker report results and forecast wey easily clear Wall Street…
Business
Dangote Refinery Make Nigeria Petroleum Export Jump Seven Times – EIA
Di United States Energy Information Administration, EIA, don report say Nigeria petroleum product export don rise seven-fold, and di major reason na di Dangote Refinery.…
Business
Dangote Refinery Make Nigeria Fuel Trade Dey Change, Exports Jump Seven-Fold
Nigeria fuel trade don change dramatically since Dangote refinery start to dey work. New data from U.S. Energy Information Administration (EIA) show say petroleum product…
Business
Otedola Buy More First HoldCo Shares, Don Reach 27.70%
Nigerian billionaire, Femi Otedola, don move closer to 30% ownership for First HoldCo after another multimillion-dollar share buy. Di transaction, wey happen through Calvados Global…
Business
Nifty still dey fall, but market signs mixed – see wetin go happen today
Market don show say Nifty 50 slip by one-third percent on August 19, take total correction pass two percent for the last seven straight sessions.…
Business
AfCFTA boss Wamkele Mene dey head PMI Global Summit for Cape Town
AfCFTA Secretary-General, Mr. Wamkele Mene, go lead this year PMI Global Summit Series wey go happen for Cape Town, South Africa, from September 14 to…
Business
Standard Bank dey eye stake for OPay before US listing
Standard Bank Group, wey be Africa biggest lender by assets, dey consider to buy stake for Nigerian payments company OPay as di fintech dey prepare…
Business
Femi Otedola buy more First HoldCo shares worth N20.7bn
Femi Otedola don buy more First HoldCo shares. Di billionaire investor and chairman of First HoldCo Plc, don increase im stake for di financial institution…
Business
HIVE revenue dey grow but losses dey worry investors as stock still dey undervalue
HIVE Digital Technologies (TSX:HIVE) na Canadian digital infrastructure company wey dey run cryptocurrency mining, data centres and high-performance computing. Di company don see revenue grow…
Business
FCMB don raise FastCash instant loan limit to N500,000
First City Monument Bank (FCMB) don raise di maximum limit for im FastCash instant loan go reach N500,000. Dis one na to give eligible customers…
Business
SMEDAN launch BRYNE wey go help 100,000 young entrepreneurs every year
SMEDAN don come out with new programme wey go support more than 100,000 young entrepreneurs for Nigeria every year. The agency, wey be Small and…
Business
Naira stay stable as dollar sell for ₦1,425 for parallel market
For Thursday, August 13, 2026, di naira remain stable against di United States dollar for both di official Nigerian Foreign Exchange Market (NFEM) and di…
Business
7 Brew app don finally launch, customers fit order for advance
7 Brew, di fastest growin beverage brand for di kontry, don finally launch dia app on August 12, 2026. Di app go allow customers to…
Business
Dangote Refinery Take 98% of Domestic Crude, NUPRC Report Show
Dangote Petroleum Refinery don take 98 percent of all crude wey dem offer to Nigeria domestic refineries for second quarter of 2026. Dis one na…
Business
OPay Don Launch Savings Festival 27% Interest Plus N77m for Customers
OPay, one big digital finance company for Nigeria, don launch nationwide savings programme wey go give customers 27% interest for their money every year, plus…
Business
Eutelsat loss dey grow as LEO spend plenty, shares drop
Eutelsat Communications don release im full year results, and tings no too bright. Di company stock don chop serious knock, falling about 28% for three…
Business
NNPC talk say oil output don rise by 6% under Ojulari, reject underperformance claims
Di Nigerian National Petroleum Company Limited (NNPC Ltd) don reject allegations of impropriety and poor performance wey dem levelled against di management by di Oil…
Business
Cooking gas price don drop as import permit take effect
Cooking gas prices across Nigeria don drop seriously for the past two months, as Federal Government import permits don start to work for market. One…
Business
Elon Musk: SpaceX go reach $1 trillion, build factories for moon
Elon Musk don talk many tins about future. From making human beings colonize Mars to filling American roads with robotaxis by 2020, di man wey…
Business
NFP Data Go Move Gold and Silver Today
Di United States Bureau of Labor Statistics go release July Nonfarm Payrolls (NFP) data for Friday at 12:30 GMT. Dis na di main event wey…
Business
Polaris show 2027 off-road lineup, but tariff wahala and demand still dey worry market
Polaris don officially show hin 2027 Off Road lineup for riders and investors. The main attraction na the new RZR Pro R Boost wey get…
Business
Top 10 Countries Wey Dey Pay Highest Minimum Wage for 2026
Minimum wage policies for world no dey the same. Some country dey pay workers more than three times wetin others dey pay for the same…
Business
Otedola Declare: I Dey Target Majority Stake For First HoldCo
Femi Otedola, wey be West Africa fourth richest billionaire, don make im intention clear say he wan take controlling stake for First HoldCo, di parent…
Business
Femi Otedola target majority stake for First HoldCo, say im go buy pass 51%
Billionaire businessman, Femi Otedola, don make im intention clear say im want own controlling stake for First HoldCo, di parent company of First Bank. For…
Business
BUA Foods don make N292bn profit but revenue drop for H1 2026
BUA Foods don announce say dem make N292 billion profit for first half of 2026, even as revenue reduce by 16 per cent. The company…
Business
Cheaper Fuel: Dangote Refinery Price Beat Import As Marketers Demand Ban
For inside the Nigerian downstream sector, things don dey take new shape as locally produced fuel don become cheaper than the one wey dey import.…
Business
NACCIMA open $150m offshore facility for Nigerian firms
NACCIMA don officially open application for dia $150 million Offshore Expansion Facility. The programme na to help Nigerian businesses grow and modernise. E come from…
Business
Petrol Depot Price Don Drop As Marketers Cut Rate Up To N23 Per Litre
Petrol depot prices don begin drop for major supply centres across Nigeria as marketers don cut rates by up to N23 per litre. Dis one…
Business
Tolaram wey buy Guinness Nigeria stake don see am rise from $70M to $350M
Di time wey plenty investors dey run from Nigeria because of wahala for economy, one Singapore-based company, Tolaram Corporation, decide to double down. Dem buy…
Business
First Holdco don become most capitalised banking stock for NGX, market cap reach N5.78trn
First Holdco, wey be the oldest financial institution for Nigeria, don reach new height for Nigerian Exchange Limited (NGX). As at July 29, 2026, the…
Business
Naira dey steady o! Dollar rate no change for July 30, 2026
Today, wey be July 30, 2026, the naira per dollar rate for Nigerian Foreign Exchange Market no show any big movement. For early morning trading…
Business
SEC don start online registration for capital market operators
Di Securities and Exchange Commission don begin digital processing for selected registration services wey Capital Market Operators dey use. Na part of effort to speed…
Business
Commerzbank cut gold target, Iran war dey spoil market
Gold market don face wahala o. Commerzbank, one big German bank, don downgrade im gold price forecast two times for two months. Na Thu Lan…
Business
Petrol Depot Price Drop, But Small Business Dey Suffer for Lagos
Petrol depot prices don drop across Nigeria yesterday, as marketers compete to attract buyers. For Lagos, Dangote Refinery keep im price at N1,216 per litre,…
Business
Microfinance Bank Balance Sheet Blow Up to N6 Trillion in 5 Years
Microfinance bank industry for Nigeria don see big growth for di past five years. Di total balance sheet rise from under N300 billion to more…
Business
GCR Don Upgrade FCMB Group Rating to A-(NG), Capital Strong
Global Credit Ratings (GCR) wey be rating agency, don upgrade FCMB Group Plc im national scale long-term issuer rating from BBB+(NG) to A-(NG). Dis upgrade…
Business
Dangote heirs give nod to share $36B fortune for charity
Di whole world dey talk as Africa richest family decide make big change for how dem go handle family money. Instead of just pass everything…
Business
Boeing Q2 2026: VC-25B Charge Wipe Out Profit, $280M Loss
Boeing don book additional charge of $280 million on the VC-25B presidential aircraft program for di second quarter of 2026. Dis single line item push…
Business
Dangote family wey get $36 billion give one-third for charity
Naija billionaire Aliko Dangote family don decide to give one-third of dem $36 billion fortune to charity. Dis na big move for Africa wealth management.…
Business
US Dollar dey strong as Fed meeting dey come – Gold dey drop near $4,000
Di US Dollar don show say e get strong leg as e dey sit for monthly highs, while everybody dey wait for di two-day US…
Business
Canal H1 results sweet o, ratings show strong performance
Canal company don drop im H1 results, and e dey very reassuring for both historical perimeter and MultiChoice. Di news make market people happy, as…
Business
NGX Group pay N3.4bn interim dividend as profit jump 170%
NGX Group don announce say dem go pay N3.4 billion as interim dividend for shareholders, as di company record big profit increase of 170% for…
Business
Dangote increase fuel price up again, crude oil cost be the reason
As e be now, Dangote Refinery don raise price of their fuel again. Di reason na because di cost of crude oil for international market…