ETF market rebounds despite dip in trading activity
Exchange-traded funds listed on the Nigerian Exchange recorded weaker trading activity in May 2026, with the total value of transactions declining to…
Business
Legend Internet assures investors of future prospects despite H1 loss
Legend Internet Plc has reassured investors of stronger earnings prospects in the future despite reporting a pre-tax loss of N199.34 million for…
Africa can unlock $469bn annually without raising taxes – AfDB
The African Development Bank has said Africa could generate more than $469 billion in additional annual revenue without raising statutory tax rates,…
China Industrial Bank backs Nigeria’s telecom initiative to connect 20m people
The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, has announced fresh backing from the China Industrial Bank for the…
YouTuber jailed for life after killing pregnant girlfriend
A YouTuber has been sentenced to life in prison with a minimum term of 31 years after murdering his pregnant girlfriend and…
US plans 12.5% tariffs on imports over forced labour concerns
The United States has proposed new tariffs of up to 12.5 per cent on imports from 60 economies over their alleged failure…
Tinubu reforms push manufacturers’ energy costs to N1.34tn – MAN
The Manufacturers Association of Nigeria has stated that economic reforms introduced under President Bola Tinubu’s administration have sharply raised production costs for…
Cowry Securities emerges top dealer in NGX rankings
Cowry Securities Limited has strengthened its position as one of the most active dealing member firms on the Nigerian Exchange, ranking among…
Inflation in euro zone hits 3.2%
Inflation in the euro zone accelerated to an estimated 3.2 per cent in May, driven largely by a surge in energy prices,…
US to cut Africa visa processing centres to 20
The United States Department of State has announced plans to significantly reduce the number of diplomatic missions in Africa that process visa…
Garri, beans prices drop as food inflation eases
The prices of key food staples, including garri and beans, declined significantly in April 2026, offering some relief to consumers as food…
Guinness supports Ojude Oba festival, deepens cultural marketing push
Guinness Nigeria Plc, through its Orijin brand, took part in the 2026 Ojude Oba Festival in Ijebu-Ode as the event’s official alcohol…