Stock Market Loses N170bn as Mid-Cap Selloff Deepens
The Nigerian equities market retreated on Thursday as a wave of mild profit-taking in several mid-cap stocks dampened the recent rally, resulting in a total loss of N170bn for investors. This downward...
Inflation Forecast to Hit 15.95% in Sceond Straight Monthly Rise
Nigeria’s cooling inflation era has hit a significant geopolitical roadblock. After nearly a year of steady decline, headline inflation is projected to climb for the second consecutive month, reaching 15.95...
Oil Prices Ease as Shipping Resumes in Hormuz Strait
While the United States and Iran have yet to agree on terms to reopen the strategic Strait of Hormuz, about 30 Chinese ships reportedly transited the waterway on Wednesday.
The semi-official Fars...
Rwanda: Tinubu Projects Nigeria as Continent’s Next Big Investment Frontier
President Bola Ahmed Tinubu has intensified Nigeria’s push to position itself as Africa’s leading investment destination, using the 2026 Africa CEO Forum in Kigali, Rwanda, to present what aides described...
Tinubu, Kagame Push Stronger Nigeria-Rwanda Trade, Diplomatic Ties
President Bola Ahmed Tinubu and Rwandan President Paul Kagame have agreed to strengthen diplomatic and economic ties between both countries, with renewed commitments to trade, regional integration, tourism, anti-corruption cooperation and visa...
Cross River: A Case Study in Renewed Hopelessness, by Enobong Udoh
A recent report on Value Added Tax (VAT) contributions to the Federation Account for February 2026 showed a painful revelation. Cross River was at the bottom among all States....
