NGX stocks to buy in August 2026 amid oil, rate pressures
As August approaches, investors on the Nigerian Exchange (NGX) are keeping a close eye on…
Category: Local
Dangote blames importers for petrol sales policy reversal
The Dangote Petroleum Refinery has revealed that its decision to resume the sale of Premium…
Dangote reveals why London is preferred over Dubai for cement listing
Dangote Cement Plc has revealed why it is pursuing a secondary listing on the London…
FMDQ: Outstanding corporate bonds hit N2.30 trillion in June 2026
Nigeria’s corporate bond market maintained its strong momentum in June 2026, with the total outstanding…
Petrol Hits N1,400/Litre as Transport Fares Soar Across Nigeria Amid Global Oil Price Surge
Transport costs are climbing once again across several parts of Nigeria as the price of…
Tinubu Turns to World Bank Loans to Expand Social Programmes Amid Rising Poverty
President Bola Tinubu’s administration is increasingly relying on World Bank financing to drive its social…
Shettima advocates collaboration to shape AI, telecom policies
Vice President Kashim Shettima has called on African nations to unite in shaping the future…
Oil block bidding: Inside Nigeria’s seven-hour transparency test
Nigeria’s push to restore confidence in its upstream oil sector took a major step forward…
Dangote refinery secures record $2.5bn equity funding
Dangote Petroleum Refinery and Petrochemicals FZE has secured a record $2.5 billion in fresh equity…
Nigeria’s Money Supply Rises to N133.25tn Despite CBN’s Tight Monetary Policy
Nigeria’s broad money supply increased to N133.25 trillion in June 2026, highlighting continued liquidity growth…
FG Launches N729bn Power Sector Bond to Clear Legacy Debts, Boost Electricity Investment
The Federal Government has launched a N729 billion power sector bond as part of the…
Inflows, FX reforms lift external reserves 58% under Cardoso
Nigeria’s external reserves have recorded a remarkable 58 per cent increase since Olayemi Cardoso assumed…
Nigeria bonds: Top issuers paid up to 20% to raise debt in H1 2026
Corporate and government-backed institutions in Nigeria paid as much as 20% in coupon rates to…
Nigerian Stock Market Loses N800bn as Profit-Taking Ends Bullish Rally
The Nigerian stock market suffered a major setback on Wednesday after investors cashed in on…
Nigeria’s External Reserves Hit $52 Billion, Surpass CBN’s 2026 Target
Nigeria’s external reserves have climbed above the $52 billion mark for the first time in…
Nigerian Stock Market Loses N800 Billion as NGX Index Falls 0.5% Despite Strong Investor Activity
Trading on the Nigerian Exchange (NGX) ended on a bearish note on Wednesday as investors…
CBN Holds Interest Rate at 26.5% as Economists Push for Cuts to Ease Borrowing Costs
The Central Bank of Nigeria (CBN) has once again kept its benchmark interest rate at…
Nigeria’s Money Supply Climbs to N133.25 Trillion Despite High Interest Rate Regime
Nigeria’s broad money supply surged to N133.25 trillion in June 2026, highlighting continued liquidity growth…
Dangote Raises Petrol Ex-Depot Price to N1,215 as Naira Sales Resume
Dangote Petroleum Refinery has resumed the sale of Premium Motor Spirit (PMS), commonly known as…
CBN Explains N100, N200 Note Scarcity as Digital Payments Gain Ground in Nigeria
The Central Bank of Nigeria (CBN) has attributed the growing scarcity of N100 and N200…
Nigeria’s FX Reserves Climb to $52.5bn as Crude Oil Tax Revenue Boosts External Buffers
Nigeria’s foreign exchange reserves have recorded a significant increase, reaching $52.52 billion as of July…
NGX Gains N307bn as Investor Demand Pushes Market Capitalisation Above N159tn
The Nigerian Exchange (NGX) extended its winning streak on Tuesday, adding a remarkable N307 billion…
Financial stability remains foundation for growth – Oyedele
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has stressed that…
CBN Holds Interest Rate at 26.5% as Businesses Back Cautious Approach Amid Global Uncertainty
Nigeria’s business community and leading economists have thrown their support behind the Central Bank of…
Outgoing British High Commissioner Hails Tinubu’s Economic Reforms
As his tenure in Nigeria draws to a close, outgoing British High Commissioner Richard Montgomery…
Tinubu’s Economic Reforms Laying Foundation for Nigeria’s Long-Term Growth, Says Information Minister
Nigeria’s Minister of Information and National Orientation, Mohammed Idris, has expressed confidence that President Bola…
FG Moves to Harmonise Digital Regulations, Raising Hopes for Nigeria’s Economic Growth
Nigeria’s digital economy may be on the verge of a major transformation as the Federal…
Nigeria’s Oil Revenue Surges as Higher Crude Prices and Pipeline Security Boost Economic Outlook
Nigeria is poised to benefit from a fresh wave of oil-driven revenue growth as global…
Industrial Stocks Pull NGX Lower Despite Banking Rally and Easing Inflation
Nigeria’s stock market ended the week on a cautious note as losses in industrial stocks…
External reserves cross $52 billion, surpass CBN’s 2026 forecast
Nigeria’s external reserves have crossed the $52 billion mark for the first time in more…