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Nigeria’s Manufacturing Sector Still Stuck Below 10% of GDP After a Decade of…
Nigeria’s manufacturing sector is struggling to break through a ceiling that has persisted for years. Despite…
Despite Cashless Policy, Nigeria’s Currency in Circulation Hits N5.73 Trillion as…
Nigeria’s currency in circulation has jumped 72.4% in five years to N5.73 trillion, highlighting a surprising trend…
FG Disburses N600bn to 10 Million Households in Cash Transfer Programme
The Federal Government has disclosed that more than N600 billion has been disbursed to over 10 million households…
22% of NGX equity transaction volume executed via mobile trading platform
Mobile trading is changing the way Nigerians participate in the stock market, with Bamboo accounting for about 22…
Nigerian Stock Market Loses N260 Billion as Sell-Off Enters 11th Straight Session
The Nigerian equities market extended its losing streak on Wednesday, August 26, with investors continuing to sell…
Nigeria’s Foreign Reserves Cross $53 Billion, Hit Highest Level Since 2009
Nigeria’s foreign reserves have climbed above $53 billion for the first time in more than 17 years, reaching $53.11…
Nigeria’s Petrol Consumption Falls 25% in July as Fuel Supply Slows — NMDPRA
Nigeria’s petrol consumption dropped sharply in July 2026, falling by 25% to 35.7 million litres per day (lpd),…
Dangote Refinery Pushes Nigeria’s Petroleum Exports to Record High
Nigeria’s petroleum product exports have reached a record level, with seaborne shipments surging seven-fold since…
19 Nigerian Oil Licences Face 2026 Expiry as NUPRC Pushes Fresh Investment
Nineteen oil licences in Nigeria’s upstream oil and gas sector have stated expiry dates falling within 2026,…
Fixed-Income Trades Surge To N10.5trn As Investors Chase Higher Yields
Nigeria’s fixed-income market recorded a sharp increase in trading activity last week, with transactions climbing…
Top 10 Stockbrokers Control Nearly 60% of NGX Trading Activity
Nigeria’s stock market saw a significant concentration of trading activity among its leading brokerage firms…
FG Raises N7.62tn Through Domestic Bond Market in Eight Months
The Federal Government has raised N7.62tn from the domestic bond market between January and August 2026,…
CBN Offers N700bn Treasury Bills as Investors Watch Interest Rates
The Central Bank of Nigeria (CBN) is set to offer N700 billion in Treasury Bills today, August 26, 2026, in the…
Domestic Refineries Turn to Imports as Crude Supply Falls 25.4% in July
Crude imports by domestic refineries surged by 151.5 per cent in July 2026, rising to 5.13 million barrels from…
FX Turnover Surges 146% to $5.05bn as Nigeria’s Forex Market Sees Stronger…
Nigeria’s foreign exchange market recorded a major jump in activity as total FX turnover surged by 146.12 per cent…
Dangote Refinery Raises Petrol Price to N1,200 Despite Falling Crude Prices
Dangote Petroleum Refinery has increased its petrol price from N1,185 to N1,200 per litre, adding fresh pressure to…
Foreign Investors Cut Nigerian Stock Market Exposure as Political Risks Rise
Foreign investors are taking a more cautious approach to Nigeria’s equities market as political uncertainty, high…
NGX Correction Deepens as Investors Lock in Gains After Record Run
Nigeria’s equities market is experiencing a deeper correction as investors continue to take profits following a…
Nigeria’s FX Reserves Surge 15% to $52.66bn, Beat CBN’s 2026 Forecast
Nigeria’s foreign exchange reserves have climbed to $52.66 billion, marking a 15.6 percent increase in less than…
Major Shareholders Control 46% of NGX Market Value as Mega-Cap Ownership Tightens
Major shareholders in 10 of Nigeria’s biggest listed companies now control stakes worth an estimated N73.11…
Dangote Refinery Expands Free Fuel Delivery to 14 States, Raising Hopes for Lower…
Dangote Petroleum Refinery has expanded its free petroleum product delivery programme to four more states, bringing…
NUPRC Gives 31 Oil Block Winners October Deadline to Pay Signature Bonuses
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has given 31 companies that emerged winners of 37 oil…
FG Spends N6.47tn on Infrastructure as Lagos-Calabar Highway Takes Lion’s Share
The Federal Government spent N6.47tn on strategic infrastructure projects between June 2023 and December 2025, with…
CBN Urged to Tighten Oversight of Fintech, Cloud and Digital Risks
The Central Bank of Nigeria has been urged to widen its regulatory oversight beyond banks and financial…
Analysts Project 11.6% Growth for Nigerian Equities in H2 2026 as Investors Turn…
Nigeria’s equities market could record another strong performance in the second half of 2026, with analysts…
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…
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…
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,…
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…
FEC okays double taxation treaties with Ghana, Tanzania, Switzerland
The Federal Executive Council (FEC) has approved the signing of Double Taxation Avoidance Agreements between…