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Telecom Sector Struggles as Foreign Investments Drop Sharply in Nigeria Amid Broader Economic Upswing

Nigeria, Aug. 6 -- The News Chronicle understands that with investments dropping by over half in the first quarter of 2025, Nigeria's telecommunications industry is struggling to draw in foreign capit... Read More


Investor Optimism Pushes Nigerian Stock Market Past N90 Trillion in Historic Upsurge

Nigeria, Aug. 5 -- With the Nigerian Exchange (NGX) exceeding the N90 trillion market capitalization threshold for the very first time, the Nigerian capital market has reached a major milestone. The ... Read More


Pogba's Monaco Move Signals a Bold Rebirth, Not Just a Comeback

Nigeria, Aug. 5 -- Paul Pogba's surprise comeback to football via AS Monaco goes far beyond a headline-grabbing risk. In many ways, it is a brave rebirth of a career once atop world football that near... Read More


Nigeria's Maritime Sector Bleeds Over $500 Million Annually from Poor Vessel Leasing Practices

Nigeria, Aug. 5 -- The News Chronicle(TNC) understands that an unofficial and poorly controlled vessel leasing system could be causing Nigeria's maritime industry to lose more than $500 million annual... Read More


NASD Bounces Back with N129.3 Million Profit in Q2 as Fee and Interest Revenues Surge

Nigeria, Aug. 4 -- The News Chronicle has gathered that NASD Plc, Nigeria's leading over-the-counter securities market, recorded a strong rebound in the second quarter of 2025, posting a pre-tax profi... Read More


Gold Eyes Record Surge as U.S. Economy Falters and Global Tensions Rise

Nigeria, Aug. 4 -- With Citi predicting prices could soar to $3,500 per ounce within the next three months, the global gold market is bracing for a historic rally. The NewsChroniclehas learnt that th... Read More


Nigerian Firms Stage Strong Comeback After Currency Turmoil

Nigeria, Aug. 4 -- Nigerian businesses are at last coming back after two trying years of currency depreciation. From N460 per dollar in June 2023 to over N1,530 by the end of 2024, the float of the na... Read More


NAFDAC Seizes N1.5 Billion Worth of Fake Goods in Massive Lagos Raid

Nigeria, Aug. 3 -- During a large-scale raid in Lagos, the National Agency for Food and Drug Administration and Control (NAFDAC) has seized over N1.5 billion worth of forbidden, expired, and unregiste... Read More


Market Soars as Investors Gain N12.5 Trillion in July amid Policy Reforms and Strong Earnings

Nigeria, Aug. 1 -- July 2025 turned out to be a turning point for Nigeria's capital market when the Nigerian Exchange (NGX) saw a huge rise that added N12.5 trillion in worth to listed stocks. This r... Read More


Lafarge Africa Surges Ahead with Record Profits and Strongest Liquidity in Cement Sector

Nigeria, Aug. 1 -- With a net profit of N132.7 billion in the first six months of 2025, Lafarge Africa has produced some of the most amazing financial results on the Nigerian Exchange. This means a 3... Read More