Economy

NGX N6trn equities deals highest in 18 years

…Seven-month deal doubles 2024 record In just seven months of 2025, equities transaction at the Nigerian Exchange Limited (NGX) reached read more NGX N6trn equities deals highest in 18 yearsCONTINUE...

Presco shareholders approve N250bn capital raise

Shareholders of Presco Plc at the Annual General Meeting (AGM) held on August 19, 2025 resolved that subject to obtaining the approval of the...

Petrol price rose 33% in one year – NBS

The National Bureau of Statistics (NBS) says the average retail price of a litre of petrol rose from ₦770.54 in July 2024 to ₦1,024.99...

CardinalStone Research: Equities ASI closes lower

The local equities slipped further on Thursday, with the NGX-ASI and market capitalisation closing lower by 0.87 percent to settle at 140,332.44 points and...

Manufacturing leads top sectors with the most billionaires in 10-yrs

At home or abroad, manufacturing has created more billionaires than any other sector in the past decade, a clear signal that wealth creation still...

Nearly one-third of eligible Nigerian households yet to receive cash transfers

Ten months into the cash transfer scheme, only one in three of the 15 million households targeted have received the transfers, even as Nigerians,...

Insurance, industrial stocks worst hit as market sheds N2.72trn

Investors in insurance and industrial stocks are most affected in the ongoing sell pressure that has decreased equities value this week by N2.72trillion.Following three...

Ecobank to host landmark exhibition celebrating Nigeria’s art masters

Ecobank Nigeria will later this month open a major art exhibition titled “Enduring Legacies: A Collector’s Tribute to Masters”, featuring rare works from some...

Nigeria’s N6trn equities deal highest in 18 years

…as seven-month deal doubles 2024 figure In just seven months to July 2025, Nigeria recorded N6trillion worth of equities transaction, the highest since 2007. Also,...

Naira records marginal depreciation despite FX inflows rise

The naira on Wednesday recorded a marginal depreciation against the dollar in the official foreign exchange (FX) market, despite increased foreign exchange inflows into...

Firm unveils innovative cold chain solution to cut food losses

Eja-Ice, a solar-powered refrigeration and cold chain company, has unveiled innovative cold chain solutions at its first-ever product showcase, a move that could potentially...