Domestic Investors Push NGX Transactions to Record N10.68trn in Seven Months
Domestic investors are driving a major surge in activity on the Nigerian Exchange Limited (NGX), with local transactions reaching a…
Day: August 24, 2026
SEC Proposes N10m Cap on Retail Investors’ Digital Asset Exposure
Nigeria’s Securities and Exchange Commission (SEC) is considering tighter limits on how much retail investors can put into digital assets,…
GRIDCo Sets September 12 Deadline for Pylon Right-of-Way Occupants to Vacate
The Ghana Grid Company Limited (GRIDCo) has reiterated September 12, 2026 as the deadline for individuals, businesses and other occupants…
China Chengxin Affirms Afreximbank’s AAA Rating, Citing Strong Financial Position
China Chengxin International Credit Rating Co. Ltd. (CCXI) has reaffirmed the African Export-Import Bank’s (Afreximbank) AAA issuer credit rating, keeping…
BOC Kenya Raises Dividend 60% Despite Sharp Profit Decline
BOC Kenya has delivered a mixed financial performance in the first half of 2026, with the industrial and medical gases…
Car & General More Than Doubles in Two Weeks as NSE Hits Record KSh4.1 Trillion
Car & General PLC continued its remarkable run on the Nairobi Securities Exchange (NSE), with its share price jumping 42.84%…
FEC okays double taxation treaties with Ghana, Tanzania, Switzerland
The Federal Executive Council (FEC) has approved the signing of Double Taxation Avoidance Agreements between Nigeria and Ghana, Tanzania and…
Naira Gains N1.13, Closes at N1,346.49/$ as Week Ends on Positive Note
The naira ended the trading week on a stronger note, closing at N1,346.49 to the US dollar at the official…
Five Firms Power Nigeria’s $120m Non-Oil Export Surge
Nigeria’s push to reduce its dependence on crude oil is gaining momentum, with five companies generating about $120m from non-oil…
Abuja Residents Protest 100% AEDC Electricity Tariff Increase as Power Costs Soar
Residents across the Federal Capital Territory are feeling the pressure of rising electricity costs after the Abuja Electricity Distribution Company…
UBA Graduate Who Addressed Tony Elumelu By First Name Gets ₦500,000, VIP Trip
A UBA graduate who recently became the centre of an online controversy after addressing businessman Tony Elumelu by his first…
Terrorists Break Into Niger Mosque, Abduct Worshippers
More than 60 worshippers were reportedly abducted from the Central Mosque in Dekara town, Borgu Local Government Area of Niger…
Nigeria’s Top Equity Mutual Funds: Zedcrest Leads With 88.58% Return in July 2026
Nigeria’s equity mutual fund market regained momentum in July 2026, with total net asset value (NAV) rising to N241.38 billion,…
Nigerian Stocks Extend Sell-Off as Haldane McCall Leads Weekly Gainers
Nigeria’s stock market extended its recent decline in the week ended August 21, with the NGX All-Share Index falling by…
NGX Sell-Off Wipes Out N5.9tn as BUA Foods, MTN Nigeria Take Biggest Hit
The Nigerian equities market has suffered a sharp two-week sell-off, wiping approximately N5.9 trillion off its market capitalisation as investors…