Petrol Imports Decline in June – Marketers  Nigeria’s import of Premium Motor Spirit, popularly known as petrol, by oil marketers fell to a record low in June, majorly driven by a ramp-up in output from the 650,000 barrels-per-day Dangote Petroleum...

Bullish Trend: Equities Market Extends Gain with N212bn The Nigerian Exchange Limited extended its bullish run on Wednesday, as investors recorded a gain of N212bn, following renewed buy interest in highly capitalised stocks across key sectors of the market. At the...

FG Lists N4bn Savings Bonds on NGX The Nigerian Exchange Limited has announced the listing of the June 2025 issue of the Federal Government of Nigeria Savings Bonds on its platform. According to a market bulletin issued on Wednesday, with reference...

Senate Declares Emergency on Ponzi Scheme, Probes N1.3tn CBEX Collapse The Senate on Wednesday launched a sweeping probe into the rise of Ponzi schemes in the country, following the catastrophic collapse of Crypto Bridge Exchange, a digital investment platform that...

X CEO, Linda Yaccarino Resigns The Chief Executive Officer of Elon Musk-owned social media platform X (formerly Twitter), Linda Yaccarino, has stepped down after two years in the role. Yaccarino announced her resignation in a tweet on the platform on Wednesday,...

Naira Holds Firm Against Dollar in Official, Black Market  ‎The Nigerian Naira remained steady against the US dollar on Wednesday, July 9, in both the official and parallel markets. ‎In the black market, currency dealers in Abuja told Economic Confidential that...