Nigerian Equities Market Extends Decline as Selling Pressure Deepens
The All-Share Index (ASI) fell by 265.99 points from its opening level of 239,351.16 to close at 239,085.17. Similarly, market...
Business
NNPC, Partners Sign Bonga Southwest Deals, Pave Way for $21bn Deepwater Project
The agreements comprise an addendum to the OML 118 Production Sharing Contract (PSC) and an addendum to the Dispute Settlement...
International Energy Insurance, Neimeth, Fidelity Bank drag equities down N137bn
Despite the bearish performance, some stocks bucked the trend. Red Star Express emerged as the strongest gainer, rising 9.86 per...
Dollar to Naira exchange rate today, August 24, 2026: Naira depreciates against US currency
The naira depreciated against the United States dollar at the official foreign exchange market to begin the week on a...
₦15.8tn Saved, ₦11.9tn Borrowed: Where Did Nigeria’s Subsidy Dividend Go?
When the federal government announced last week that removal of petrol subsidy had generated an estimated ₦15.8 trillion in savings between...
CBN’s 20% OMO Yield: A New Benchmark for Fixed-Income Investors?
The Central Bank of Nigeria’s latest Open Market Operations (OMO) auction has pushed short-term fixed-income yields back into focus, with...
AI Takes Over Texting As ChatGPT Gains Apple Messages Access
OpenAI has expanded ChatGPT’s capabilities with a new Apple Messages plugin that allows the artificial intelligence chatbot to search, analyse,...
Dollar to Naira exchange rate today, August 20, 2026: Nigerian naira returns to appreciation against US currency
The naira has returned to appreciation against the United States dollar at the official foreign exchange market on Thursday. Central...
Nigerian govt summons Dangote, BUA, others over high cost of cement
The Federal Competition and Consumer Protection Commission (FCCPC) says it has issued a summons to major cement manufacturers in the...
Equities extend losses as investors lose N556bn
Losses recorded by International Energy Insurance, Aradel, Universal Insurance, Red Star Express, Royal Exchange and 22 other stocks contributed significantly...