Telefónica Shares Drop Amid Dividend Cut and Net Loss
Spanish telecom giant Telefónica faces market turbulence as shares plummet following dividend reduction and unexpected net loss announcement.
Spanish telecom giant Telefónica faces market turbulence as shares plummet following dividend reduction and unexpected net loss announcement.
Nigeria's Eurobonds experience significant rally despite Donald Trump's military threat, showcasing strong international confidence in Nigeria's economic prospects.
British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.
Nigeria's private sector shows strongest growth in six months as business output and new orders surge, signaling economic recovery despite persistent inflation challenges.
Nigeria's stock market experienced an unprecedented rally in October, delivering massive gains to investors as renewed confidence and steady reforms fuel economic optimism.
Asian markets experienced significant volatility as technology shares surged while traders anxiously await the Federal Reserve's interest rate outlook. Discover how major indices performed and what's driving market sentiment.
In a dramatic operation, Nigerian security forces have rescued two kidnapped victims and recovered a hefty N3.8 million ransom in Kogi State, dealing a significant blow to criminal elements in the region.
Global fashion retailer Shein removes sex dolls from French market following massive backlash over controversial childlike products. Discover the full story behind this shocking decision.
President Bola Tinubu receives widespread commendation for Nigeria's groundbreaking Carbon Market Framework, positioning the nation as Africa's climate action leader while creating new economic opportunities.
Discover the essential skills that will give Nigerian young professionals a competitive edge in the 2025 job market. From AI mastery to emotional intelligence, learn what employers will value most.
Nigeria's currency surges to strongest position this year while foreign reserves climb significantly, signaling robust economic recovery under CBN's strategic reforms.
Nigeria's energy sector experiences major transformation as Dangote Refinery achieves massive production capacity while NNPC implements nationwide fuel price reductions, bringing relief to millions of Nigerians.
Nigerian fuel market experiences dramatic shift as imported petroleum products undercut Dangote Refinery prices following President Tinubu's tariff reforms. Discover how this price war is reshaping Nigeria's energy landscape.
Napoli superstar Victor Osimhen leads the pack as Africa's most valuable player, while Ademola Lookman's surprising exclusion from top 5 sparks debate. Full breakdown inside!
Nigeria's currency hits strongest position this year while foreign reserves climb significantly, signaling economic turnaround under CBN's new reforms.
Terror struck Kwara State as armed bandits launched a deadly ambush on market traders, leaving 7 dead and 1 critically injured in what witnesses describe as a brutal attack.
In a major counter-kidnapping victory, Nigerian Army troops have successfully rescued two victims and recovered ransom money during a fierce confrontation with kidnappers in Kogi State's Osara forest.
Nigeria's leading employers' association commits to transformative migration reforms, creating new opportunities for skilled professionals and addressing labour market challenges.
Major Asian stock markets surged as investor optimism grew over economic recovery prospects. Discover which markets led the gains and what's driving this positive momentum across the region.
The US dollar experiences dramatic crash against Nigerian naira with official and black market rates converging. Former US President Donald Trump warns Nigerian government about economic policies. Latest exchange rate updates and market analysis.
Nigerian Police Force in Oyo State scores major victory against crime as operatives dismantle dangerous criminal network, recover sophisticated weapons and military gear in intelligence-driven raid.
Security forces intensify crackdown on cultism in Benue State, arresting seven suspects and recovering firearms, ammunition, and mystical charms in major operation.
OPEC+ agrees to boost oil output by 500,000 barrels daily starting January 2024, potentially impacting global oil prices and Nigeria's economic outlook.
Nigerian music superstar Yemi Alade opens up about her secret battle with cigarette addiction and how she narrowly escaped its grip in emotional new revelation.
NAFDAC remains resolute in fighting substandard products despite recent attacks on officials at Trade Fair Market. Agency promises intensified operations against fake goods.
Discover the top 10 most valuable Nigerian footballers dominating global leagues, with Victor Osimhen leading the pack with staggering market value. See who made the cut!
Nigeria's Naira surges to ₦1,142 against the dollar, marking its strongest performance in weeks following significant dollar inflows and Central Bank interventions.
A coalition in Osun State urges political parties to field only Christian candidates for the 2026 governorship election, citing religious balance and equity concerns.
The Nigerian Exchange Limited staged an impressive recovery, adding ₦285 billion in market capitalization as banking and insurance stocks led a bullish charge, reversing previous losses and signaling renewed investor confidence.
Major oil giants ExxonMobil and Chevron report significant profit declines as volatile crude prices impact Nigeria's energy sector and global markets.