Naira Weakens Against Dollar in Official, Black Markets
The Nigerian naira depreciated against the US dollar on Monday, December 1, dropping to N1,448.44/$1. Despite rising foreign reserves, currency pressure persists. Full details inside.
The Nigerian naira depreciated against the US dollar on Monday, December 1, dropping to N1,448.44/$1. Despite rising foreign reserves, currency pressure persists. Full details inside.
The Securities and Exchange Commission (SEC) Nigeria is transforming the capital market with new laws, investor protection, and tech. Market cap hit N91.3 trillion in November 2025. Discover the blueprint for economic prosperity.
Nigeria's capital market transitions to T+2 settlement cycle, signaling global readiness and enhancing investor confidence. Learn how this reform positions Nigeria for international competitiveness.
The 2025 Benin Art Fair attracted thousands, showcasing Edo's artistic heritage while embracing contemporary creativity. Discover how this event positions Benin City as Africa's new art hub.
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China plans to bid for building two new ports on the Panama Canal despite US concerns. The $8.5 billion project includes ports, gas pipeline and reservoir. Read more.
Governor Seyi Makinde commissions Omituntun Ultramodern Market in Omi Adio, featuring 406 shops and 56 stalls. The project aims to transform trading in Oyo State.
Nigeria takes charge of Africa's $3.4 trillion AfCFTA single market. Minister Oduwole outlines strategy for economic growth, digital trade, and continental leadership. Act now to seize the opportunity!
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The EU will press the US to implement their July trade deal, focusing on reducing 50% steel tariffs. High-level talks begin in Brussels. Read more.
Investors on the Nigerian Exchange lost a staggering N2.1 trillion in one week as the market closed low. Discover the top gainers, decliners, and key market trends.
The Loveworld Trade & Investment Forum in Lagos united global leaders to champion trust and capital inflows for Africa's growth. Discover how ethical trade is reshaping the continent's economic future.
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Nigerian equities extended losses as market capitalization fell by N292 billion. 38 stocks declined while only 14 gained. Read full analysis of market performance.
Afghanistan is urgently seeking new trade partners after a border clash with Pakistan. The Taliban government is turning to Iran and Central Asia as $100 million in losses hit traders. Discover the economic fallout.
The demolition of multi-billion-naira shops at Lagos Trade Fair Complex raises critical questions about governance, transparency, and economic waste in Nigeria. Discover the full story and its implications for investors.
Edo State market women protest eviction notice for Oba Market renovation. They demand proper relocation plans from the government. Read their full story.
Delayed data reveals US imports fell 5.1% to $340.4 billion in August as Trump's new tariffs hit trading partners. Trade deficit narrowed to $59.6 billion. Read the full analysis.
China has reclaimed its position as Germany's number one trading partner, dethroning the US amid new tariffs. Discover the economic implications for global trade.
Nigeria accelerates its green mobility shift at the 25th Abuja Motor Fair, unveiling new EVs, CNG vehicles, and a ₦20bn CreditCorp fund. Discover the future of Nigerian auto industry.
Nigerian stock market extends bearish trend with 0.12% decline as investors lose N110.20 billion. ASI drops to 144,986.51 points amid profit-taking in banking stocks.
Association of Issuing Houses of Nigeria recognizes companies thriving despite economic headwinds. See award winners and market outlook for 2025.
The EU has revised its 2026 eurozone growth forecast down to 1.2% due to global trade tensions. Inflation is expected to fall below the ECB's target. Discover the full economic impact.
The Nigerian stock market fell sharply last week, losing N1.5 trillion as panic selling over a proposed capital gains tax caused a major sell-off. Discover the key winners and losers and what's next for investors.
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The United States and Switzerland have finalized a trade pact, significantly reducing tariffs from 39% to 15%. Get the full details on this major economic development.
Massive fire destroys Singa Market in Kano, gutting 44 shops and goods worth millions. Trader Alhaji Salisu Abdullahi loses N120 million. Read full details on the devastating incident.