News & Updates

[ad_1] The five trading days foreign exchange market ended on Friday with Nigeria’s currency gaining 0.39 percent against the dollar on the black market but exchange rate disparity between the official and alternative markets remains a concern. ]]> …exits list after nearly two years Nigeria’s naira closed 2025 outside the list of Africa’s 10 worst […]

[ad_1] ]]> Trading on Nigerian Exchange Limited (NGX), the operating exchange of Nigerian Exchange Group Plc, closed December 31, 2025 with Nigeria’s capital market ranking among the strongest-performing globally. The record rally capped a year in which improving macroeconomic conditions and sustained market reforms combined to drive valuations, liquidity and investor participation. By the end […]

[ad_1] ]]> Super Eagles striker Victor Osimhen has played down comparisons with the late Rashidi Yekini, insisting his priority is to help Nigeria win matches rather than chase individual records. Osimhen, who captained Nigeria to a 3–1 victory over Uganda on Tuesday, dismissed suggestions that he is focused on overtaking Yekini’s 37-goal record. “To be […]

[ad_1] ]]> …as Police condemn attack on Divisional headquarters The Ondo State Police Command has condemned an attack on the Ipele Divisional Police Headquarters in Ondo State, carried out by about 20–30 armed men. Jimoh Abayomi, the Police Public Relations Officer (PPRO), in a statement made available to journalists on Thursday in Akure said the […]

[ad_1] ]]> “If the Nigerian Government continues to allow the killing of Christians, the U.S.A. will immediately stop all aid and assistance to Nigeria, and may very well go into that now disgraced country, ‘guns-a-blazing,’ to completely wipe out the Islamic Terrorists who are committing these horrible atrocities. I am hereby instructing our Department of […]

[ad_1] ]]> Aradel Holdings Plc has completed the acquisition of an additional 40 percent equity interest in ND Western Limited from Petrolin Trading Ltd, boosting its total shareholding to 81.67 percent and transforming NDW into a subsidiary, the Nigerian energy company said Wednesday. The transaction, which received regulatory approval from the Nigerian Upstream Petroleum Regulatory […]

[ad_1] ]]> The managing director and chief executive of Capital Plus Management Limited, Oluseyi Odufuwa, has explained why Nigeria remains resilient despite global economic disruptions, saying the country has shown strength through responsive economic policies. Odufuwa, who is an asset management expert, noted that the economic shocks were triggered by shifts in the United States […]

[ad_1] ]]> Anthony Joshua is set to spend New Year’s Eve in Duchess International Hospital, a luxury healthcare facility in Nigeria, as the Nigerian-born British boxer continues to recover from a road accident that claimed the lives of two of his close friends. The two-time world heavyweight champion was a passenger in a black Lexus […]

[ad_1] ]]> Yetunde Taiwo is general manager, integrated gas development at FIRST E&P, with over 30 years of experience in the oil and gas sector. She previously led Seplat’s ANOH project to final investment decision and has held senior leadership roles at Seplat Energy, NNPC, Chevron, and BG. In this interview with BusinessDay, she discusses […]

[ad_1] ]]> …Naira steady despite sharp fall in current account surplus Foreign direct investment into Nigeria surged by about 700 percent in the third quarter of 2025, even as foreign portfolio inflows declined sharply by 52.5 percent, underscoring a shift in the composition of capital inflows amid a softening current account position. This was revealed […]