Category: Economy

Nigerian equities closed lower for the second straight week, with the benchmark NGX All-Share Index (ASI) declining 0.97% to close at 248,363.55 points from 250,808.27 […]

Lagos’ regulated public transport network, overseen by the Lagos Metropolitan Area Transport Authority (LAMATA), uses electronic fare payment for commuters travelling on its regulated services. […]

The Nigerian Bulk Electricity Trading Plc (NBET) has commenced the settlement of N729 billion in outstanding debts owed to participating electricity Generation Companies (GenCos) and […]

Zenith Bank Plc has announced its audited results for the half-year ended June 30, 2026, reporting a 1.91% year-on-year increase in profit before tax from […]

Moove, the Nigerian-founded mobility financing company, had raised more than $710 million in global funding before announcing its exit from Nigeria this month, six years […]

The Nigerian Exchange (NGX) rebounded from consecutive sessions of decline on Friday, October 9, 2026, as market capitalisation gained N208.46 billion. Equity market capitalisation rose […]

Ladi Delano and Jide Odunsi, the British-born Nigerian entrepreneurs behind global mobility fintech Moove, are preparing to close the company’s Nigerian operations six years after […]

Sterling Financial Holdings Company Plc has completed its 1-for-10 share reconstruction and resumed trading on the Nigerian Exchange at a reference price of N77.00, up […]

Enugu State has secured a $200 million investment to develop a 100-megawatt (MW) solar power project aimed at improving electricity supply to homes and businesses […]

The naira is projected to trade at around N1,330 per dollar in the fourth quarter of 2026, with a full-year average of about N1,385/$, as […]