Naira depreciates to ₦1400/$ at parallel FX market
The Naira on Monday depreciated to N1,400 per United States dollar in the parallel market from N1,390 per dollar last weekend. However,…
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Oil, gas, banking stocks drag market into bearish mode
The Nigerian equities market relapsed into a bearish mode on Monday, June 15, 2026, as investors resumed profit-taking in oil and gas…
Dangote Refinery slashes petrol gantry price by N75/litre
Dangote Petroleum Refinery has announced a N75 per litre reduction in the gantry price of Premium Motor Spirit, commonly known as petrol,…
Nigerians, others borrowed $3.18bn airtime credit in 2025 — Optasia
Mobile phone subscribers in Nigeria and other emerging markets borrowed airtime worth $3.18bn on credit in 2025, with Africa accounting for more…
Food beverage firms cut jobs amid rising costs
Nigeria’s food and beverage industry is facing worsening employment crisis as rising production costs, foreign exchange volatility and regulatory measures continue to…
Petrol may fall to ₦900/litre amid US-Iran truce — Marketers
The price of Premium Motor Spirit (petrol) may drop to as low as N900 per litre in the coming days if the…
FG to open recruitment portal for shortlisted civil defense candidates, others
The Federal Government will open the Civil Defence, Correctional, Fire and Immigration Services Board recruitment portal from Monday, June 15, 2026, for…
Amazon CEO triggers US restriction on Anthropic AI models — Report
The decision by the US government to cut off foreign access to Anthropic’s most capable AI models was set in motion by…
Nigerian billionaire Femi Otedola returns to school
Billionaire businessman Femi Otedola has completed an executive leadership programme, Leading Businesses for the Future, at London Business School. Otedola announced the…
T+1 reform will cut risks, improve trading efficiency – ASHON
The Chairman of the Association of Securities Dealing Houses of Nigeria, Sehinde Adenagbe, has hailed the introduction of the T+1 settlement cycle…
Elon Musk becomes world’s first trillionaire after SpaceX IPO
Elon Musk has become the first person in history to surpass the $1 trillion net worth mark, at least on paper, after…
Don’t japa, stay to build Nigeria, Tinubu tells youths
President Bola Tinubu on Friday made a direct appeal to Nigerian youths to remain in the country and contribute to its development,…