In Nigeria's online trading scene, broker leverage and margin settings significantly influence trader psychology, risk perception, and decision-making processes, often determining success more than market analysis alone.
FAAN addresses a viral claim of detention for filming at MMIA, stating the passenger was in a restricted area and not detained, but guided on privacy and security rules.
The Central Bank of Nigeria has approved 82 recapitalised BDC operators to access up to $150,000 weekly from the NFEM to improve dollar supply in the retail market and support naira stability.
Commercial banks and telecom operators in Nigeria have resolved their four-year dispute over unpaid USSD charges, clearing nearly N300 billion in debt and transitioning to a new end-user billing model.
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Former US President Donald Trump announces a temporary 10% global tariff under Section 122 of the Trade Act, lasting 150 days, following the Supreme Court's invalidation of previous emergency duties.
Daniel Unah, born and raised in Cameroon, has relocated to Calabar, Nigeria, after a visit revealed life was easier and more affordable there. He shared his story on TikTok, receiving widespread support from Nigerians.
The US Supreme Court has ruled 6-3 that President Trump's global tariffs were unlawful, marking a rare setback for his administration. The decision affects billions in tariffs but leaves some measures intact.
Nigeria's total public debt increased to N153.29 trillion as of September 30, 2025, according to the Debt Management Office, with domestic debt at N81.81 trillion and external debt at N71.47 trillion.
Khalifa Rabiu emerges as the heir to the $15 billion BUA Group, marking a pivotal generational transition in Nigeria's industrial landscape. His global education and operational experience position him to steer the conglomerate's future growth and economi
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Brent crude exceeds Nigeria's 2026 budget benchmark, while the naira appreciates below N1,400/$1 and external reserves hit an eight-year high, signaling economic recovery.
Florence Adejole, a University of Ibadan graduate, celebrates earning a first-class honours degree in agriculture after facing criticism for her course choice, inspiring netizens with her resilience.
The Nigerian naira strengthens sharply to N1,345 per dollar in the parallel market, forcing speculators to offload dollars. The gap with the official rate narrows to just 0.29%, marking a significant convergence.
Niger Delta Safety Watch has written an open letter to President Bola Ahmed Tinubu, calling for urgent review of the pipeline surveillance contract held by Government Ekpemupolo (Tompolo). The group cites significant oil production losses and accuses Tomp
Nigeria's currency depreciated at the official forex window, closing at ₦1,341.35 per dollar, despite external reserves rising to $48.5 billion. High demand for foreign currency and reduced central bank intervention contributed to the decline.
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Bureau de Change operators report they have not been able to access the Central Bank of Nigeria's official foreign exchange window despite policy approval. Operational challenges including settlement account requirements and banking processes are creating
Nigeria grieves the loss of Chief Israel C. Ogbue, former UBA chairman, who passed away peacefully at 99. He leaves a legacy of over 60 years in public and private service, with tributes pouring in from colleagues and citizens.
Petrol prices at Lagos private depots have risen sharply, with Dangote-linked fuel now selling at N800 per litre. The increase follows Dangote Refinery's suspension of gantry sales and global crude oil prices climbing above $72 per barrel.
The Nigerian naira has surged to one of its strongest levels in nearly two years, closing at 1,347.78 per dollar in the official market, driven by improved liquidity and Central Bank interventions.
A partial collapse of Nigeria's national electricity grid has left five South-East states without power, with restoration efforts ongoing amid concerns over upcoming gas facility maintenance that could reduce supply by 20%.
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A Nigerian woman in Calgary, Canada, shared her experience shipping 120kg of foodstuffs and clothing from Nigeria, detailing the costs involved and sparking reactions from the diaspora community.
Aviation safety experts outline critical early indicators, such as equipment malfunctions and adverse weather, that may precede air crashes, emphasizing the chain-of-events theory in accident prevention.
Nigeria's cooking gas prices have fallen significantly, with Dangote Refinery reducing its ex-depot rate to N760 per kilogram. Improved forex stability and local production are driving the downward trend, offering relief to households.
Nigeria's new tax reforms clarify that Nigerians abroad are not taxed on foreign income or remittances, addressing fears of double taxation with DTAs and residency rules.
Nigeria's foreign exchange reserves have surged to $48.5 billion, reaching their highest level in nearly 13 years, providing significant support for the naira and signaling economic strength amid ongoing reforms.
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The Nigerian equities market sustained its bullish momentum on Thursday, with the All-Share Index rising 1.40% as investors gained N1.71 trillion. Banking, consumer goods, and industrial stocks led the rally.
The Managing Director of Dangote Refinery announced that the facility is operating in phases to optimize efficiency, aiming to meet domestic petroleum demand before expanding exports across Africa.
Azikel Group refutes a N1 billion lawsuit claim, stating it's a blackmail attempt by a failed trainee. The company defends its philanthropic aviation programme for Bayelsa youths.
A Nigerian-Canadian cybersecurity coach expresses conflicted emotions over the naira's appreciation against the Canadian dollar, highlighting impacts on exchange power and life in Nigeria.
Power generation companies in Nigeria reveal unpaid electricity invoices have reached N6 trillion, attributing it to revenue shortfalls and weak remittances. The Association of Power Generation Companies rejects Nigeria Labour Congress allegations of exto
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Nigeria's debt to the World Bank's International Development Association surged to $18.7 billion, marking an 11.3% annual increase and raising concerns over fiscal sustainability and revenue management.
