By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange faced south on Tuesday, March 10, by 0.64 per cent, with the market capitalisation dropping N16.25 billion to close at N2.540 trillion versus the preceding session’s…
By Adedapo Adesanya The Naira further weakened against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Tuesday, March 10. Yesterday, the local currency depreciated against the greenback by N8.14 or 0…
The 1Win app is an innovative platform tailored for gaming and betting enthusiasts in Egypt. Designed with convenience and accessibility in mind, the app allows users to engage in their favourite activities from virtually anywhere. Whether…
By Dipo Olowookere The bears took control of Customs Street on Tuesday after equity investors embarked on profit-taking, resulting in the market closing lower by 0.57 per cent. Sell-offs were witnessed in almost all the key sectors of the…
By Adedapo Adesanya Oil plunged by more than 11 per cent on Tuesday after the market held onto comments by US President Donald Trump about a quick end to the war with Iran that has disrupted global crude flows. Brent futures fell $11.16 or…
By Modupe Gbadeyanka A targeted fiscal incentive designed to unlock the long-awaited Final Investment Decision (FID) on the Bonga Southwest Aparo (BSWA) deepwater project has been approved by President Bola Tinubu. The approval followed…
By Adedapo Adesanya Nigeria recorded a trade surplus of N5.17 trillion in the first quarter of 2025, according to the National Bureau of Statistics (NBS) in its latest Foreign Trade in Goods Statistics report. This affirmed that the…
The Champions League Round of 16 first-leg fixtures take centre stage midweek, following the conclusion of the play-offs. The remaining teams now turn their focus to securing early advantages in the two-legged ties. SuperSport will…
By Aduragbemi Omiyale The federal government has directed the Federal Airports Authority of Nigeria (FAAN) to adopt a hybrid payment system that accommodates both cash and card payments at all airport access gates with effect from Friday,…
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 11 March 2026 – Comfort is set to be a defining theme for Raya 2026, and it extends well beyond the festive outfit. XIXILI is bringing that same ease into the downtime between celebrations…
By Adedapo Adesanya President Bola Tinubu on Tuesday asked the Senate to screen and confirm Mr Taiwo Oyedele as the Minister of State for Finance, to replace Mrs Doris Uzoka-Anite. The President made the request through a letter read on…
By Aduragbemi Omiyale The board of Beta Glass Plc has been reorganised, with the addition of four new executives, who will help to drive the company’s next phase of innovation and growth. In a statement, Beta Glass announced the…
HANOI, VIETNAM – Media OutReach Newswire – 10 March 2026 – Amid volatility in global fuel prices, Vingroup has announced the launch of a special “Trade Gas for Electric” program in Vietnam, India, Indonesia, and the Philippines. The…
By Adedapo Adesanya Dangote Petroleum Refinery has reduced its ex-depot prices for Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), marking the first downward adjustment after several sharp increases recorded in recent days.…
By Modupe Gbadeyanka A Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of N81.1 million to the Federal Government of Nigeria in favour of Sterling Bank. The money was part of the N2.5 billion stolen by some…
By Adedapo Adesanya The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged the Nigerian National Petroleum Company (NNPC) Limited to urgently strengthen domestic refining capacity to shield the country from…
By Timi Olubiyi, PhD The ongoing tensions in the Middle East may seem geographically distant from Nigeria, but the economic effects are already being felt in very real and personal ways across many countries, including Nigeria, even though…
By Adedapo Adesanya Parallex Bank Limited said it has completed the recapitalisation requirement of the Central Bank of Nigeria, surpassing the N50 billion minimum capital threshold for regional commercial banks ahead of the March 31, 2026…
By Aduragbemi Omiyale The chief executive of Nigerian Breweries Plc, Mr Thibaut Boidin, has been appointed as the chairman of the Beer Sectoral Group (BSG) of the Manufacturers Association of Nigeria (MAN). In his new role, Mr Boidin will…
By Adedapo Adesanya The Governor of Cross River State, Mr Bassey Otu, has imposed a statewide ban on illegal mining, directing all unlicensed operators to immediately shut down their activities. The directive followed a strategic meeting…
The 11th edition of Nigeria’s biggest road race reflected a familiar truth. In this country, big goals are rarely pursued alone. On race morning, runners were joined by families, volunteers and supporters who lined parts of the route at…
By Adedapo Adesanya The Nigerian national football team, the Super Eagles, has expressed sadness over the demise of its former coach, Mr Festus Adegboye Onigbinde, on Monday at the age of 88. In a short message on X, the Super Eagles noted…
By Modupe Gbadeyanka The winners of the Technovation 4.0 Hackathon, themed The Wicked Hackathon, organised by Interswitch, have been given N10 million in cash prizes for their efforts. At the one-day finale event, which took place on…
By Adedapo Adesanya Nigeria will position the Intra-African Trade Fair 2027 (IATF 2027) as a major catalyst for accelerating trade and investment across the continent under the African Continental Free Trade Area (AfCFTA) framework. This…
By Aduragbemi Omiyale The annual retreat for business managers and executives organised by the Nigeria Employers’ Consultative Association (NECA) will take place from April 16 to 18, 2026, at the AAE & T Hotel, Kuto, Abeokuta, Ogun State.…
By Adedapo Adesanya The Director of the Nigeria National Single Window (NSW), Mr Tola Fakolade, has assured stakeholders that the platform would not encroach on the statutory revenue-collection functions of agencies operating in the…
By Modupe Gbadeyanka A leading provider of consumer and business financing solutions in Nigeria, Zedvance Finance Limited, intends to increase its lending to commercial entities in the country by 160 per cent in 2026. Last year, it…
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange rallied by 1.48 per cent on Monday, March 9, spurred by six price gainers at the close of business. The sextuplet was led by Nipco Plc, which added N28.00 to trade at…
By Adedapo Adesanya Oil prices fell in the later session of Monday after initially crossing the $100 per barrel mark as the escalating Iran war by the United States and Israel squeezed world energy supplies, boosted the Dollar, and…
By Dipo Olowookere The Nigerian Exchange (NGX) Limited ended its first trading session of this week on a positive note after it improved by 0.12 per cent on Monday. Buying pressure across key sectors of Customs Street influenced the growth…