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Gold hits new record above $5,000. Here’s what’s driving the surge

Gold prices have surged to historic highs, crossing $5,100 an ounce for the first...

Afreximbank cuts ties with Fitch after ratings dispute. Here’s what happened

The African Export-Import Bank (Afreximbank) said on Friday it has ended its relationship with...

Police U-Turn on Kaduna church mass abduction raises credibility questions

Nigeria’s security agencies are facing renewed scrutiny after police confirmed the abduction of Christian...

Who is Gilbert Chagoury, Tinubu ally given Nigeria’s second-highest honour?

When President Bola Tinubu quietly conferred Nigeria’s second-highest national honour on Gilbert Chagoury earlier...

A shopper’s recreated supermarket bill tells Nigeria’s shocking inflation story

At a time when Nigeria’s government says inflation has cooled sharply, a supermarket receipt...

SEC capital hike triggers pushback from brokers, fund managers

Nigeria’s decision to sharply raise minimum capital requirements for capital market operators has triggered...

How much teams make at AFCON 2025 – and what Nigeria takes home

The 2025 Africa Cup of Nations enters its final weekend with the third-place playoff...

SEC raises capital bar for brokers, fund managers. Top tier N5bn from ₦150m

Nigeria’s capital market operators are facing their most sweeping regulatory reset in more than...

Nigeria’s North-east crisis killed 4,000 civilians last year, UN reports

Children remain the most affected. Together with women, they account for 83% of those in need of humanitarian assistance.

Nigeria Infrastructure Debt Fund raises payout as yields beat govt bonds

Nigeria’s first listed infrastructure debt fund increased its quarterly payout after posting another year...

Tinubu’s $9m Washington lobbying contract “largest” by an African state

Nigeria has launched what appears to be the most expensive lobbying campaign ever undertaken...

Nigeria’s food crisis to last into 2026, U.S.-funded monitor warns

Nigeria will continue to face widespread food insecurity through at least mid-2026, as conflict,...

Eterna to raise ₦21.5bn by selling new shares at 37% discount

Eterna Plc has commenced a ₦21.52 billion rights issue priced at a sharp discount...

Rent relief for Nigerians “so insignificant”: KPMG flags errors in new tax law

Nigeria’s new tax laws that took effect on January 1 risk placing additional pressure...

Court orders forfeiture of 57 properties linked to ex-Attorney General Malami

A Federal High Court in Abuja has ordered the interim forfeiture of 57 high-value...

Suspected bandits attack National Park Office in Oyo, kill several personnel

IBADAN — Suspected bandits on Tuesday night attacked the old National Park Service (NPS)...

Nestlé recalls infant formula batches over toxin risk

Nestlé has issued a precautionary global recall of certain batches of infant and follow-on...

As stocks rise 51%, three men control a third of Nigeria’s N99 trillion market

LAGOS — Nigeria’s stock market delivered headline-grabbing returns in 2025, but beneath the 51.2%...

Terrorists massacre 35 in Niger state village raid

KASUWAN DAJI, Niger State – A brutal assault by terrorists has left at least...

Nigerian stocks open 2026 at a new record high

Nigerian equities opened 2026 on a strong note, with the market hitting its highest...