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Rising Political Tensions: Trump Warns Elon Musk Over Democratic Allocations in Spending Bill Standoff

Nigeria, June 8 -- Former President Donald Trump issued a thinly disguised threat to tech mogul Elon Musk that if Musk supported Democratic senators who favor the Democratic opponents of the most rece... Read More


Nigerian Stocks Rally Past 114,000 as June Optimism Fuels Investor Confidence

Nigeria, June 8 -- Nigeria's equities market opened June in good standing with the All-Share Index (ASI) closing on Thursday, June 5, 2025, at an all-time high of 114,616.75 points. The rally is a so... Read More


Nigerian Stock Market Records N71 Trillion Gain Following Oil and Gas Sector Crash

Nigeria, June 5 -- Nigerian stock exchange continues its growth, closing above the N71 trillion threshold of total market capitalization. This is a testament to the demand for all sectors following th... Read More


Nigeria's Presidency Spends N23 Billion Foreign Trips as Forex Expenditure Soars

Nigeria, June 5 -- The Nigerian federal government collectively spent more than N23 billion on foreign exchange for the President, Vice President, First Lady, and other senior executive officers durin... Read More


JPMorgan Now Accepts Bitcoin ETFs as Loan Collateral in Major Crypto Shift

Nigeria, June 5 -- The largest US bank, JPMorgan Chase, is embarking on a daring push into the new world of virtual currencies. In a move that bears witness to increased institutional acceptance of c... Read More


Tension Rises Between Telecoms and Banks Over New USSD Billing Model

Nigeria, June 4 -- There is a fiery war in Nigeria's mobile banking. Telecommunication service providers and commercial banks are locked in a struggle to determine who is the boss when it comes to how... Read More


Nigerian Stock Market Records Winning Streak as Market Capitalization Nears N71 Trillion

Nigeria, June 4 -- The Nigerian equities market continued its bearish trend on Tuesday. Rising investors' confidence and higher appetite for purchases propelled the market capitalization to its lifet... Read More


NEMA Deploys Teams to 15 States To Warn Residents of Impending Floods

Nigeria, June 4 -- To arrest the growing threat of deadly floods in the nation, the National Emergency Management Agency (NEMA) responded vehemently by deploying sensitization teams to 15 risk states.... Read More


Gold Prices Surge Past $3,350 Amid Trade Disputes and Global Tensions

Nigeria, June 3 -- Gold surged over $3,350 an ounce in early morning trading Monday as global uncertainties from a new wave of United States-China trade tensions to military tensions rising in Eastern... Read More


CBN Recapitalization Triggers BDC Rush to Avert Mass Job Losses

Nigeria, June 3 -- With the June 3, 2025, deadline given by the Central Bank of Nigeria to BDC operators to recapitalize finally gone, pressure has been mounting on what will become of the industry, m... Read More