Nigeria's forex market is rapidly evolving with deeper liquidity, smoother mobile access, and easier funding. Learn what this means for traders in Lagos, Abuja, and Port Harcourt and how to navigate the new conditions for success.
Nigerian stock market closed bullish on Christmas Eve, with investors gaining over N228 billion. Market capitalisation hit N97.89 trillion as ASI rose. Full details inside.
A trader shares her eyewitness account of the Balogun Market fire, revealing it began with smoke around 4 PM. She criticizes the initial response and explains how her mother's warning saved her goods.
Trading activity on the FMDQ Securities Exchange contracted sharply in November 2025. Total secondary market turnover fell by 24.22% month-on-month to N54.64 trillion. Read the full analysis.
A major fire has gutted sections of Jos Main Market, destroying goods worth millions of naira. Authorities are investigating the cause. Read the latest details and the market's history with fires.
The Nigerian stock market surged again, adding N579 billion to investor wealth. The All-Share Index rose 0.59% to 153,354.14 points. Discover the top gainers and trading activity.
Africa's downstream oil sector needs over $100bn investment by 2050. Discover how ARDA is tackling regulatory & infrastructure gaps to unlock this massive opportunity for global investors.
Financial regulators and housing experts warn Nigeria's economic growth is limited without affordable housing finance. Learn about the N250bn MRIF fund and new strategies.
Dangote Petroleum Refinery closed 2025 with a dramatic N200.50 per litre price cut, reshaping Nigeria's fuel market. Learn how local refining is driving down costs and pressuring importers.
The naira appreciates at NAFEM as black market traders adjust rates. CBN approves 82 BDCs, warns public to verify operators. Get the latest forex market analysis.
A review of the Nigerian stock market in 2025 reveals 40 listed companies doubled investors' wealth, with 11 stocks soaring over 200%. Discover the top performers and the outlook for 2026.
The Nigerian stock market surged by N256 billion on Monday, with the All-Share Index rising to 152,459.07 points. Analysts see continued gains driven by strong fundamentals. Read the full market analysis.
Labour advocates urge IPMAN to provide health insurance for petrol station workers nationwide, citing daily exposure to toxic fumes and fire hazards. This follows NNPCL's new scheme for its retail workers.
Dangote Refinery begins nationwide PMS sales at N739 per litre through MRS stations, warns against artificial scarcity, and urges Nigerians to report non-compliance for economic relief.
Petroleumprice.ng honours Aliko Dangote, MRS Oil, Rainoil, and others in its first industry awards. Winners were chosen via a hybrid model of public votes and expert judges. Read the full list.
A devastating fire has razed the Sabuwar Lale furniture market in Kano, destroying dozens of shops and goods worth millions of naira. Traders are counting losses and pleading for government assistance. Read the full report.
Dangote Petroleum Refinery has resumed free nationwide petrol delivery to stations at a new price of ₦699 per litre, aiming to stabilise Nigeria's fuel market. Learn about the incentives and registration process.
Africa remains trapped in fuel import dependence despite new refineries. This analysis reveals the structural barriers, from fragmented standards to poor infrastructure, that keep the continent vulnerable to global shocks. Discover the path to true energy
Conoil Plc reports a massive 60.5% revenue growth to N323.1bn for 2024, proposing a N2.4bn dividend. Discover how Nigeria's downstream giant thrived despite economic headwinds.
A man from Plateau State was caught allegedly trying to steal yams at Zaki Biam Yam Market in Benue. Traders restrained him and called for security intervention, avoiding mob justice. Read the full story.
A Nigerian lady's hilarious encounter with a fake prophet at Tejuosho Market goes viral. She shut down his false prophecy about her late father, sparking reactions and similar stories online.
Nigeria's smartphone market rebounds as naira stability lowers prices for iPhone, Samsung, Tecno, and others. Shipments rise, making Nigeria a bright spot in Africa's tech story. Read more.
The Naira depreciated against the US dollar, closing at N1,455.49/$1 in the official market. Pressure mounts due to reduced FX inflows and limited CBN intervention. Get the latest rates and analysis.
The Nigerian equities market sustained its bullish trend on Wednesday, December 17, with investor wealth increasing by N244.62 billion. Key stocks like FirstHoldCo and Mecure drove the rally. Read the full analysis.
The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.
Aliko Dangote petitions ICPC, alleging NMDPRA MD Farouk Ahmed misused public funds for children's Swiss tuition. Lawyers group condemns 'media trial'. Full story.
Petrol prices at Lagos depots have plunged by 14% to N710 per litre following Dangote Refinery's aggressive price slash, sparking a rush by marketers. Discover the market realignment.
The House Committee on Petroleum (Downstream) outlines a legislative push to strengthen local refining and stabilise Nigeria's fuel sector ahead of 2026. Read the full plan.
The House of Representatives has stepped in to mediate the escalating conflict between Dangote Refinery and the NMDPRA. Both parties have been summoned to present their cases. Read the full story.
The Nigerian naira weakened against the US dollar, closing at N1,454/$1 as festive season demand spikes. CBN data shows a weekly decline, though rising reserves offer hope. Full analysis inside.