News
Nigeria’s petrol import bill plunges 96% in Q1 2026
A year ago, petrol was the single most expensive item on Nigeria’s import ledger, consuming over 20% of the entire import bill.
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Nigeria’s petrol import bill plunges 96% in Q1 2026
A year ago, petrol was the single most expensive item on Nigeria’s import ledger, consuming over 20% of the entire import bill.
News
Nigeria’s trade surplus surges 341% to ₦7.55tn in Q1
Nigeria’s merchandise trade balance delivered a number in the first quarter of 2026 that underscored a dramatic shift in the country’s external sector dynamics.
Financial News/Updates
Abbey Mortgage Bank surges 10% to lead NGX gainers
A stock that traded quietly for weeks just became the most active equity on the entire Nigerian Exchange on June 5, 2026.
News
MTN Nigeria climbs ₦12 as bulls hold the reins
MTN Nigeria shares added ₦12 to close at ₦775 on the Nigerian Exchange, lifting the telecom giant while much of the market slid.
News
CBN overhauls forex rulebook untouched since 2018
Nigeria’s foreign exchange market just received its biggest regulatory shake-up in nearly a decade, and banks sit squarely in the crosshairs.
Financial News/Updates
CBN’s forex numbers at ₦1,373 raise new questions
If you checked the Central Bank of Nigeria’s exchange rate dashboard in early June 2026, the numbers looked reassuring at first glance.
News
Stanbic ETF stumbles 8% as Nigerian funds face brutal selloff
Something shifted on the Nigerian Exchange on June 4, 2026, and the ETF market made it impossible to ignore.
Financial News/Updates
Naira breaks below ₦1,360 as CBN reserves near $50b
On June 4, 2026, the naira settled at N1,359.75 per dollar at the official Nigerian Foreign Exchange Market window.
News
NGX slips again as ₦290bn vanishes in June’s fourth loss
Something unusual happened on the Nigerian Exchange on June 4, 2026, a session that deepened the market’s losing streak to four straight trading days.
Personal Finance
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Personal Finance
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Damilola EsebameOct 25, 2025
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Investing
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Investing
$20 Billion Nvidia Groq Deal Signals The Next Phase Of The AI Arms Race
Peace LongeDec 25, 2025
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