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Nigeria Inflation Eases but Rising Food Costs Put Markets on Alert Nigeria’s inflation rate moderated slightly in June, marking its first decline in three months and offering tentative evidence that broader price pressures may be easing. Headline inflation edged lower to 15.91% from 15.93% in May, while core inflation recorded a more pronounced decline of […]

TIP’s Robust Fundamentals Support Long-Term Investment Case The Initiates Plc (TIP) closed trading at N30.00 on Friday, remaining slightly below its 50-day moving average of N30.76, a technical indicator suggesting that the stock is currently in a period of consolidation following a strong rally. Although the share price remains below its short-term trend benchmark, the […]

Market Correction: BUA Cement Dips 40% Below 52-Week High BUA Cement Plc lost 19% of its market value in the stock market due to deteriorated investors’ sentiment ahead of the earnings release for the first half of 2026. The weekly loss extends the cement company’s market correction, bringing it down by 40% from its highest […]

Sterling Holdings Tops N527bn on Additional Shares Listing A soft weekly price gain and the listing of new shares lifted Sterling Financial Holdings’ stock market valuation to N527.434 billion, according to trading data from the Nigerian Exchange. Sterling surged ahead of the earnings release, with increased positioning suggesting improved investor sentiment in anticipation of the […]

Price Surge: Pi Gains 10.5% Ahead of Protocol v25 Upgrade Pi Network surges by 10.5% in 24 hours to $0.09344, significantly outperforming a broadly flat crypto market, driven primarily by speculative buying interest ahead of the upgrade. The Pi Core Team has officially scheduled the Protocol v25 upgrade for July 22, 2026, a significant technical […]

XRP Holds Flat as DTCC Lists Ripple in Tokenisation Infrastructure Ripple (XRP) price is holding flat around $1.09 over the last 24 hours, roughly unchanged on the day amidst sustained pressures in the cryptocurrency market.  The token trading volume has increased by about 14%, with $641 million in transaction value over the last 24 hours, […]

Fidelity Bank Surges 15% on Improved Investors’ Sentiment, Confidence Fidelity Bank Plc.’s share price increased by 15% as investors continue to bet on the Tier-2 lender’s future earnings stream and the expectation of sustained dividend payments. The bargain hunting in the bank’s shares was driven by expectations of earnings growth following the redeployment of its […]

MPC: Firms Predict Interest Rate Hold as Macro Stability Takes Priority Nigeria is expected to prioritise macroeconomic stability by keeping its monetary policy rate (MPR) at 26.5% at the end of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) meeting this week. The committee will meet on Monday to review Nigeria’s economic position […]

US soldier killed in Iraq as Iran, US exchange fresh attacks A US service member has been killed and another read more WORLD IN BRIEF: ECOWAS backs Nigeria-Morocco pipeline,US-Iran conflict claims US soldier life, Uganda halts school trips and other stories

Artificial Intelligence(AI) systems capable of understanding users’ calendars, emails, documents and financial records are transforming workplace productivity by proactively managing read more AI productivity revolution faces privacy test as digital assistants become more personal

The All Progressives Congress (APC) has begun uploading of its 28 governorship and 993 State Houses of Assembly candidates’ names read more 2027: APC begins uploading of gov’ship candidates’ particulars on INEC portal

Why we picked woman as my running mate – LP presidential candidate, Okereke By EricJames Ochigbo   The Labour Party (LP) Presidential Candidate, Dr Chibuzor Okereke, says the choice of Hajia Bintu Konto as his running mate in the 2027 presidential election was based on merit, competence and the need to ensure an inclusive government. […]