Top NGX Insurance Stocks to Watch in H2 2026 as Market Rebound Creates New Investment Opportunities
As Nigeria’s stock market stages a strong recovery after weeks of heavy losses, investors are turning their attention to insurance…
Category: Local
SEC Warns Investors as Fake Dangote Refinery IPO Promotions Spread Online
The Securities and Exchange Commission (SEC) has issued a strong warning against the growing wave of advertisements promoting a supposed…
Fitch warns Nigeria against $5bn Abu Dhabi loan, says financing method poses risks
Nigeria’s proposed $5 billion financing arrangement with First Abu Dhabi Bank has come under fresh scrutiny after global rating agency…
Nigeria Capital Inflows Hit $21bn as FG Targets Bigger Trade and Investment Gains in 2026
The Federal Government, through the Federal Ministry of Industry, Trade and Investment, has unveiled an ambitious plan to boost trade…
Petrol Prices Stay High in Nigeria Despite Falling Crude Oil Prices Amid Global Supply Shift
Petrol prices have remained stubbornly high across Nigeria, even as global crude oil prices decline toward levels last seen before…
Oil Production Recovery in Nigeria Linked to Improved Oil Asset Protection in Niger Delta
Nigeria’s oil industry is showing signs of recovery, with growing evidence that improved protection of oil infrastructure in the Niger…
Nigerians Hold N5.19 Trillion Cash Outside Banks as Cash Usage Defies Digital Payment Growth
Nigeria’s push toward a cashless economy continues to face strong resistance, as new data shows that Nigerians are still holding…
NGX Banking Stocks Underperform in 2026 Market Rally as Oil and Industrial Sectors Lead Gains
Nigeria’s banking sector is struggling to keep pace in the ongoing 2026 equities boom, as banking stocks on the Nigerian…
Five states receive 21.2 per cent of VAT disbursement in April
Five Nigerian states have collectively taken a significant share of the country’s value-added tax (VAT) revenue, receiving N87 billion in…
NGX Market Value Drops to N151.3tn as Profit-Taking Triggers Liquidity Tightening
The Nigerian Exchange Limited (NGX) ended the trading week on 19 June 2026 in the red, as widespread profit-taking and…
Domestic Crude Supply Drops in Nigeria Amid Sabotage Allegations and Refinery Disputes
Nigeria’s domestic crude supply to local refineries recorded a noticeable decline in May 2026, dropping to 15.84 million barrels, according…
FGN Bond Auction Draws N1.41 Trillion in Bids as Rising Yields Boost Investor Appetite
The Federal Government recorded a strong outing at its June 2026 bond auction, attracting a massive N1.41 trillion in investor…
Domestic Investors Drive NGX Transactions to N1.94 Trillion as Market Activity Surges 177%
Trading activities on the Nigerian Exchange Limited (NGX) maintained strong momentum in May 2026, with total market transactions climbing to…
Nigeria’s Money Supply Climbs to N129.21 Trillion as Liquidity Expands Despite Tight Monetary Policy
Nigeria’s broad money supply (M3) rose to N129.21 trillion in May 2026, highlighting continued liquidity growth in the economy despite…
Nigerian Stocks to Watch This Week: Fidson, Africa Prudential, Access Holdings Lead Analyst Picks After Market Slump
The Nigerian stock market started the week on a cautious note as investors continued to digest last week’s sharp 3.6…
Nigeria Businesses Face Tax Deadline Pressure as CIT Filing and E-Invoicing Rules Converge
Nigerian businesses are entering a high-pressure compliance season as two major tax obligations converge at the end of June: Company…
Nigeria Inflation Rate May Ease to 15.8% in June 2026 Despite Cost Pressures – Analysts Forecast
Nigeria’s inflation outlook may be heading for slight relief as analysts project that the Nigeria inflation rate June 2026 could…
NGX Loses N5.64 Trillion in One Week as Massive Sell-Off Hits Nigerian Equities Market
The Nigerian equities market came under intense pressure last week as investors collectively lost about N5.64 trillion on the Nigerian…
Aradel assets hit N10 trillion after Renaissance acquisition drives 466% surge in balance sheet
Aradel Holdings Plc has recorded a dramatic leap in its financial position, with total assets surging by 466 per cent…
Nigeria Crude Oil Production Challenges Persist Despite Output Gains and $10bn Investment Surge
Nigeria’s oil and gas sector is showing strong signs of recovery, but long-standing operational issues continue to weigh on its…
Dangote Refinery Crude Supply Crisis Deepens as Output Drops 62% Amid NNPC Delivery Shortfall
Nigeria’s flagship Dangote Petroleum Refinery is facing mounting pressure as a severe crude supply shortage threatens its operations, raising fresh…
NDPC Pushes Data Protection Law Review to Regulate AI and Strengthen Privacy Rules in Nigeria
The Nigeria Data Protection Commission (NDPC) is moving to amend the Nigeria Data Protection Act (NDPA) 2023, signaling a major…
NGX Market Update: Market Capitalisation Sheds N5.6 Trillion as Trading Value Climbs 22% Amid Bearish Pressure
The Nigerian equities market closed the week on a mixed but tense note as the market capitalisation of the Nigerian…
Nigeria FX Market Turnover Rises to $2.32bn as FX Forwards Surge 129% Amid Equities Sell-Off
Nigeria’s foreign exchange market recorded a noticeable uptick in activity, with total turnover in the FX spot and derivatives segments…
Fuel Price War Intensifies in Lagos and Ogun as Stations Slash Petrol Prices to N1,199 Per Litre
Fuel prices have dropped across parts of Lagos and Ogun States as filling stations adjust pump rates in response to…
Nigeria Telecom Ownership Rule Tightened as NCC Now Requires Approval for 10%+ Share Transfers
Nigeria’s telecom sector is facing a new layer of regulatory oversight as the Nigerian Communications Commission (NCC) and the Corporate…
CBN Urged to Mandate Annual Financial Reporting for Fintechs and MFBs as Transparency Debate Intensifies in Nigeria
Finance experts have called on the Central Bank of Nigeria (CBN) to introduce mandatory annual financial reporting for deposit-taking fintech…
Afreximbank Meetings, Nigeria-EU Forum Lead Major Business Events Shaping Nigeria’s Economy This Week
Nigeria’s business landscape is set for a busy week as major economic and investment-focused events take center stage across Africa.…
NGX Oil & Gas Stocks Lead Wealth Creation as Sector Surges 111% Despite Market Correction
Nigeria’s stock market may be experiencing a correction, but investors who positioned themselves in the right sectors have continued to…
Nigeria’s Foreign Reserves Hit $51.04 Billion, Highest Level in 17 Years as Economic Reforms Gain Momentum
Nigeria’s foreign reserves have surged to $51.04 billion, reaching their highest level in nearly 17 years and signaling renewed strength…