Nigeria’s economy is expected to maintain a steady growth path in the first half of 2026, even as global tensions triggered by the Iran war ripple through energy markets and domestic prices, the World Bank said on Tuesday. The Bank ...
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Fortis Global, 9 Others Top Stocks Best-performing Chart In Q1
Fortis Global Insurance Plc and nine others emerged as top best-performing Nigerian stocks in the first quarter of 2026. Fortis Global Insurance top the best-performing Nigerian stocks in Q1 after resuming trading on the NGX in February following a six-year ...
Read More »IMF Warns Nigeria On Debt Prudence Amid $6B Infrastructure Loan Approval
The International Monetary Fund (IMF) has urged caution in managing external loans as Nigeria’s federal government secures a $6 billion facility to accelerate infrastructure development in transport and energy sectors. Approved from a consortium of international lenders, the funding aligns ...
Read More »Türkiye Pushes for $5bn Trade Boost with Nigeria Amid Investment Opportunities
The Turkish Ambassador to Nigeria, Mehmet Poroy, has called for intensified efforts to elevate bilateral trade between Nigeria and Türkiye to $5 billion, describing current levels as far below potential. Speaking during an official visit to Kaduna, where he engaged ...
Read More »Easter: 27 Killed In Kaduna, Benue, Katsina Attacks
About 25 people were on Sunday killed in Benue and Kaduna communities following attacks by bandits. It was gathered that scores were kidnapped during the Kaduna attack, and that several houses were burnt in Benue. In the attack in Benue, ...
Read More »OPEC+ Plans 206,000 bpd Output Raise for May Amid Chokes Supplies
OPEC+ plans to increase its oil production quota by 206,000 barrels per day (bpd) for May 2026, sources told Reuters ahead of the group’s meeting. Eight core members have agreed in principle to the hike, matching the April adjustment. Yet ...
Read More »NMDPRA Approves F-500 Encapsulator for Fire Safety In Oil, Gas Facilities
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has greenlit the use of F-500 Encapsulator as a fire-suppression agent in petroleum handling facilities, marking a boost for safety across midstream and downstream operations. In a notice dated April 2 ...
Read More »Easter: Akpabio Urges Nigerians To Embrace Peace, Tolerance
President of the Senate, Senator Godswill Akpabio, has enjoined Nigerians to embrace peaceful coexistence, tolerance and mutual respect, regardless of faith or ethnicity. In a statement issued to journalists yesterday in Abuja by his special adviser on media and publicity, ...
Read More »CBN Tightens Post-Recapitalisation, Stress Tests As Banks Begin Compliance
Following the completion of the banking sector recapitalisation exercise, the Central Bank of Nigeria has commenced a stricter phase of regulatory oversight, directing banks to comply with a strengthened risk-based capital framework anchored on stress testing. The apex bank had ...
Read More »MTN Dominates As Telecom Sector Records Broadband Expansion
Nigeria’s fixed broadband segment has witnessed a significant expansion over the past year, with fresh industry data showing that the surge is largely driven by a single operator, leaving other players trailing. According to data from the Nigerian Communications Commission ...
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