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CBN Calls on Banks to Strengthen Compliance With Global Anti-Illicit Fund Standards

Nigeria, March 3 -- The Central Bank of Nigeria (CBN) has urged financial institutions to tighten their compliance frameworks and conform with global banking norms to combat illicit money flows and en... Read More


BUA Cement's Profit Surges by 48% Amid Rising Costs and Debt Challenges

Nigeria, March 1 -- BUA Cement Plc recorded a remarkable 48.2% increase in pre-tax profit, reaching N99.63 billion for the financial year ending December 31, 2024. This growth was driven by a 90.54% ... Read More


Harnessing Diaspora Remittances for Nigeria's Development

Nigeria, March 1 -- Over the past five years, Nigerians living abroad have remitted more than $90 billion, significantly bolstering the country's economy and contributing to national development. Hon... Read More


Seplat Energy Strengthens Commitment to Nigeria's Energy Transformation

Nigeria, March 1 -- Seplat Energy Plc has reaffirmed its dedication to maximizing Nigeria's energy potential, positioning itself as a key driver of sectoral transformation and national development. W... Read More


ASI Slips 0.11%; OANDO, PZ Cussons Gain, FCMB Tops With 102M Shares

Nigeria, Feb. 28 -- The All-Share Index fell 123.53 points to 107,675.46 at the end of the trading session on February 27, 2025, putting it in negative territory. This decline is still below the 108,... Read More


Jensen Huang Loses $9.5b As Nvidia Stock Tumbles

Nigeria, Feb. 28 -- Nvidia's stock fell on Thursday, causing billionaire co-founder and CEO Jensen Huang's net worth to drop by $9.5 billion in a single day. Given the steep drop in Nvidia's share pr... Read More


TNC Daily Open: Nvidia's Drop And Trump's Tariffs Shake Markets

Nigeria, Feb. 28 -- This report is from today's TNC's Daily Open, our international markets update. TNC Daily Open keeps investors informed on everything they need to know, no matter where they are. ... Read More


Trump's Tariffs Cause Bitcoin to Fall Below $80,000

Nigeria, Feb. 28 -- Bitcoin has begun a correction phase, falling below $80,000 and losing about 37% of its top of $109K achieved on January 20 during Trump's inaugural ceremony. The asset's recent p... Read More


FG Urges Cement Price Reduction To N7,000 As Economy Improves

Nigeria, Feb. 27 -- The Federal Government has called on cement producers to reduce their pricing to N7,000, pointing to better economic times. According to a statement on the ministry's website, Sen... Read More


TNC Daily Open: Nvidia Holds Strong, But U.S. Confidence Wavers

Nigeria, Feb. 27 -- This report is from today's TNC's Daily Open, our international markets update. TNC Daily Open keeps investors informed on everything they need to know, no matter where they are. ... Read More