Nigerian Stocks: Next NGX Rally to Reward Smart Investors
The next Nigerian stock market rally will favor investors who adopt strategic approaches, according to analysts, with key sectors poised for growth.
Category : Business
7 Secrets Behind 1-Year Promotion with 5-Figure Salary Hike
A Nigerian data analyst reveals seven career lessons that earned her a promotion and five-figure salary increase within one year, emphasizing business acumen and problem-solving over technical skills.
Man Deposits N700k in PiggyVest, Gets N75k Interest Immediately
A Nigerian man deposited N700,000 into PiggyVest and received N75,000 interest immediately, sparking reactions online as many questioned the instant credit.
Marketers Push for N800/L Petrol as Govt Meets Stakeholders
Independent petroleum marketers project petrol prices could fall below N800/litre as they push for importation rights, following a Federal Government meeting with downstream sector stakeholders.
IPMAN: Petrol prices may drop below N800 per litre
IPMAN says petrol prices could fall below N800 per litre following a direct purchase agreement with Dangote Refinery, ending reliance on costly private depots.
Dangote Refinery, Marketers Cut Petrol Prices After FG Meeting
Nigeria's petrol and diesel prices drop as Dangote Refinery adjusts rates after government meeting; Minister Lokpobiri calls for fair pricing amid falling global crude costs.
Remi Tinubu Shows Aso Villa Garden Vegetables
Nigeria's First Lady, Remi Tinubu, showcases vegetables harvested from her Aso Villa backyard garden, reigniting debate on her earlier advice for Nigerians to start small businesses.
Rice Prices Crash Across Nigeria: Latest Brand Rates Revealed
Nigerian rice prices drop significantly, with a 50kg bag now selling between ₦40,000 and ₦87,000, offering relief amid food inflation.
Naira Stable at Official Market, Black Market Hits ₦1,400/$1
The naira traded at ₦1,367.29/$1 in the official market on July 7, 2026, while the parallel market saw the dollar climb to ₦1,400, driven by sustained demand for foreign currency.
WeLight Unveils $650M Solar Mini-Grid Expansion in Nigeria
WeLight announces a $650 million solar mini-grid expansion to power off-grid communities across Nigeria, targeting 2 million people by 2030 with clean energy.
Depot Owners Cut Petrol Prices Below Dangote's Rate
Depot owners have reduced petrol ex-depot prices below Dangote Refinery's N1,076/litre, with Aiteo selling at N1,074 and seven others at N1,075, intensifying competition in Nigeria's downstream sector.
Awabah and TeamApt Turn POS Terminals into Pension Offices
Awabah partners with TeamApt to enable pension contributions via POS terminals, targeting Nigeria's informal sector workers with accessible retirement savings.
Ammon Debunks Claims of Delaying Disrep Meter Procurement
Ammon has refuted allegations that it is deliberately stalling the procurement of World Bank-supported Disrep meters, calling the claims baseless.
UBA Group Chairman Retires, Successor Appointed
United Bank for Africa (UBA) has announced the retirement of its Group Chairman, Tony Elumelu, and the appointment of a successor, effective immediately.
Nigerian Stocks Gain N3.17 Trillion in Recovery
Nigerian equities surged by N3.17 trillion in the past week, extending a market recovery driven by gains in banking, consumer goods, and oil sectors.
Kaduna Governor Flags Off N34bn Flood Control Project
Kaduna Governor Uba Sani breaks ground on a N34 billion flood and erosion control project in Rigasa, distributing N2 billion in compensation to 1,000 affected property owners.
Mining firms face licence revocation over CDA non-compliance
Minister Dele Alake warns mining companies non-compliant with Community Development Agreements face sanctions, including licence revocation, as Nigeria prioritises accountability in solid minerals sector.
Privatise State-Owned Refineries, Expert Urges Nigerian Govt
Energy expert Dan Kunjle urges Nigerian government to privatise four state-owned refineries, citing decades of waste and failed rehabilitation. He calls for transparent sale within one year.
Nigerian Stocks Fall 1.2%, T+1 Settlement Hits Banking Index
Nigerian stocks declined 1.2% for the third consecutive week, with the Banking Index plunging 10.5%, as the T+1 settlement cycle and new prefunding rules deter foreign investors.
All On Celebrates 10 Years of Renewable Energy Impact
All On hosted its 10th anniversary dinner in Lagos, celebrating a decade of catalytic investment in Nigeria's renewable energy sector, reaching nearly 2 million lives.
Zedvance appoints Prof Olanrewaju as Board Chairman
Zedvance Finance Limited appoints Professor Pius 'Deji Olanrewaju as Chairman, effective July 1 subject to CBN approval, bolstering governance for growth.
Yam Prices Surge in Enugu Markets: Traders, Consumers Alarmed
A market survey in Enugu State reveals yam prices have risen sharply since May, with medium tubers now selling for ₦3,000–₦5,000. Traders cite transport costs, seasonal supply, and insecurity as factors.
Lady Gets N99k Interest on N1.3m Locked in PiggyVest
A Nigerian lady, @omaofweb3, earned N99,000 interest after locking N1.3 million in PiggyVest for six months, sparking online reactions.
HBM Nigeria appoints Fatima Akilu, Nella Andem-Ewa to board
HBM Nigeria has appointed Fatima Akilu and Nella Andem-Ewa as independent non-executive directors, effective July 1, 2026, bringing extensive experience in psychology and law.
Natasha Unveils 10,000 Economic Trees Initiative in Kogi Central
Senator Natasha Akpoti-Uduaghan launched a 10,000 economic trees initiative in Kogi Central to combat climate change, restore landscapes, and create sustainable economic opportunities for local communities.
R.T. Briscoe shareholders approve N10bn capital raise
Shareholders of R.T. Briscoe (Nigeria) Plc have approved a N10 billion capital raise via fresh equity to fund growth, with the stock gaining 184% in H1 2026.
Labour Urges Tinubu to Implement ₦300,000 Minimum Wage
Federal Workers Forum demands ₦300,000 minimum wage from President Tinubu, citing rising living costs and unpaid wage awards since June 2024.
Lady Reveals How She Made First N1 Million After NYSC
A Nigerian lady shared how disciplined saving and private tutoring during NYSC helped her earn her first ₦1 million. Her story went viral on social media.
CBN to Sell N2 Trillion Treasury Bill This Month – Largest in 2026
The Central Bank of Nigeria will auction N2 trillion in treasury bills in July 2026, the largest monthly sale this year, aiming to manage liquidity and control inflation.
Three SEC-Registered Funds Announced for Investors
The Securities and Exchange Commission (SEC) has registered three new funds, expanding investment options for Nigerian investors. Learn about the funds and their features.
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