Nigerian Banks Gain 68% but Still Trade at Discount to African Peers
Nigerian banking stocks have delivered a strong run in 2026, with the NGX Banking Index rising 67.96% year-to-date…
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Financial, Oil Stocks Lift NGX Market Capitalisation to N158.4tn
The Nigerian Exchange (NGX) closed Tuesday’s trading session on a strong note as renewed buying interest in major…
Nigeria, Spain Move to Deepen Trade and Investment as Ambassador Calls for…
Nigeria and Spain are looking to strengthen their economic relationship, with Nigeria’s Ambassador to Spain, Okezie…
AI Threat to Humanity Sparks Fresh Debate as Trump Dismisses Fears
Concerns over the AI threat to humanity have intensified as former Google DeepMind researcher Bilal Chughtai warned…
Naira Holds Near ₦1,329/$ for Four Straight Sessions as FX Market Stability…
The naira has maintained a remarkably narrow trading range against the US dollar, closing around ₦1,329/$ for four…
Dangote: Petrol Smuggling Keeps Nigeria’s Fuel Prices High
Nigeria’s high petrol prices are being linked to continued cross-border smuggling, with Dangote Group President…
Nigeria’s Inflation Eases to 15.39% in August as Food Prices Slow
Nigeria’s headline inflation rate eased slightly to 15.39% in August 2026, down from 15.43% in July, as the pace of…
Nigeria’s Forex Reserves Hit $54bn: What Is Driving the Surge?
Nigeria’s foreign exchange reserves have climbed above the $54 billion mark, giving the country a stronger external…
Nigerian Stocks Gain N160 Billion as Nestlé, 19 Others Lift Market Capitalisation
The Nigerian equities market started the week on a positive note, with market capitalisation rising by N160 billion…
T-Bill Demand Stays Strong as Investors Turn Cautious on Long-Term Bonds
Nigeria’s fixed-income market is showing a clear shift in investor preference as strong demand for Treasury bills…
JPMorgan Relisting: FG Projects $17.5bn Inflow as Nigeria Returns to Global Bond…
The Federal Government has projected that Nigeria’s JPMorgan relisting could attract about $17.5bn into the…
Nigeria’s Bonny Light Surges Past $115 as Saudi Pipeline Disruption Fuels Oil…
Nigeria’s Bonny Light crude has surged above $115 per barrel, extending the rally in global oil prices as…
Syria Fuel Crisis Raises Fresh Energy Security Concerns for Nigeria
Syria’s worsening fuel crisis has exposed the risks countries face when they depend heavily on imported crude,…
NGX Rises 0.10% as Banking Stocks Lift Market on Dangote Refinery IPO Opening
The Nigerian equities market started the week on a positive note, with the Nigerian Exchange Limited (NGX)…
Dangote Refinery IPO Rush Overwhelms Investment Platforms as Investors Scramble…
The Dangote Refinery IPO has triggered a surge in investor activity across digital investment platforms, with…
Aliko Dangote’s Net Worth Surges to $51.3bn as Refinery IPO Boosts Wealth
Aliko Dangote’s net worth has surged by 63.37 percent to $51.3 billion following the launch of the initial public…
FG Raises N1.23 Trillion to Tackle N4 Trillion GenCo Debt
The Federal Government has raised N1.23 trillion through two bond issuances as part of efforts to address about N4…
Dangote Refinery Offers Retail Investors Extra Shares for Holding IPO Stock
Dangote Petroleum Refinery & Petrochemicals FZE has introduced an incentive aimed at encouraging more retail…
Call Masking Resurges in Nigeria’s Telecom Sector as NCC Moves to Crack Down
Nigeria’s telecommunications sector is facing renewed concerns over the resurgence of call masking, an illegal…
Dangote Refinery IPO Opens at N525 as Company Targets N2.15 Trillion
The Dangote Refinery IPO has officially opened on the Nigerian Exchange (NGX), giving investors an opportunity to…
Nigeria Returns to JP Morgan Bond Index After 11 Years, Gets 7.4% Weighting
Nigeria is set to make a major return to the global fixed-income market as J.P. Morgan includes the country in its…
SEC Warns Investors Against Fake Dangote Refinery IPO Platforms
The Securities and Exchange Commission (SEC) has issued a fresh warning to investors participating in the Dangote…
Tinubu Seeks BRICS Investment in AI, Digital Infrastructure and Critical Minerals
President Bola Tinubu has called for stronger investment cooperation between Nigeria and BRICS countries, with a…
Lower Vehicle Tariffs May Not Bring Auto Imports Back to Lagos as Port Costs…
The Federal Government’s decision to reduce vehicle tariffs may have lowered the cost of importing cars into…
Nigeria’s Agricultural Imports Drop 8.5% to N2.03 Trillion in First Half of 2026
Nigeria’s agricultural imports fell by 8.5% year-on-year to N2.03 trillion in the first half of 2026, according to…
August Inflation May Rise Above 15.43% as Food and Fuel Costs Keep Pressure on…
Nigeria’s headline inflation rate could rise in August after two consecutive months of decline, with analysts…
OpenAI’s Sam Altman Warns AI Race Could Go Too Far as Industry Calls for Slowdown
The global artificial intelligence race may be heading for a reality check as OpenAI CEO Sam Altman joins other…
Telcos Deploy 8,526 Network Sites as Fibre Cuts Threaten Nigeria’s Connectivity
Mobile network operators in Nigeria have deployed 8,526 network sites out of the 12,179 coverage and capacity sites…
DMO Opens N1tn FGN Bond Offer as Minimum Investment Hits N50m
The Federal Government has opened another major investment window as the Debt Management Office (DMO) begins…
CBN: Nigerian Banks Shut 476 Branches in Three Years as Digital Banking Gains…
Nigeria’s banking landscape is changing rapidly, with banks shutting 476 branches and cash centres between 2022 and…