August 2026 - Market News Nigeria

Banking Stocks Lift NGX Turnover by 32% to N404.7bn Despite Market Pullback

The Nigerian Exchange (NGX) recorded a sharp increase in trading activity in the final week of July 2026, with total…

Oil prices recorded a sharp decline on Monday after U.S. President Donald Trump signaled a shift toward diplomacy with Iran…

West Africa is not facing a shortage of money to fund its development ambitions—it is facing a much deeper problem…

Nigeria’s telecommunications industry is showing strong signs of recovery, with active mobile subscriptions climbing to 189.4 million in May 2026,…

OpenAI CEO Sam Altman has sparked fresh debate about the future of artificial intelligence after suggesting that the industry may…

Nigeria earned an estimated N24.02 trillion from crude oil exports between January and June 2026, reinforcing the country’s dependence on…

As a new week begins, attention is turning to a series of major economic events and policy announcements that could…

After delivering one of Africa’s most remarkable currency recoveries in 2025, Ghana’s cedi has suffered a dramatic turnaround in 2026,…

Global oil prices suffered a sharp decline after U.S. President Donald Trump announced renewed peace talks with Iran, easing fears…

The Nigerian stock market bounced back strongly in July 2026, reversing much of June’s losses as investors returned to the…