3 weeks ago

FTSE Russell faces backlash as securities dealers defend Nigeria’s T+1 market reform

World Bank approves $1.25 billion loan to Nigeria, ignores public backlash

July 01, 2026

Nigeria’s stock market suffers biggest monthly loss in history, sheds N13.3 trillion in June

July 01, 2026

Equities ›

NGX drops Oando, Transcorp from NGX-30 Index in Half Year 2026 rebalancing: Here’s why

FTSE Russell faces backlash as securities dealers defend Nigeria’s T+1 market reform

See 7 NGX-listed companies paying dividends in July 2026

Fixed Income ›

DMO unveils N4 trillion FGN Bond auction plan for Q3 2026

Nigeria’s pension fund assets hit record N31.32 trillion

Investors just parked N4.7 trillion with the CBN in one week. Here is why

Currencies ›

Naira closes June at N1,376/$ despite intra-month volatility

FMDQ FX market turnover hits $2.84 billion as trading surges 22%

Naira appreciates to N1,383/$ as yen hovers near 40-year low

Exclusives ›

FTSE Russell faces backlash as securities dealers defend Nigeria’s T+1 market reform

Nigeria’s stock market suffers biggest monthly loss in history, sheds N13.3 trillion in June

Slow GDP, rising inflation, elections point to an uncertain 2026 H2

Corporate Updates

COMPANIES

Sahara Group Appoints Folake Soetan as Arahas MD to Drive Oilfield Services Transformation Across Africa

July 01, 2026

COMPANIES

A New Digital Gaming Platform is Entering the Nigerian Market

July 01, 2026

COMPANIES

RMB Leads Indorama Fertilizer Refinancing as Lead Arranger and Coordinator

July 01, 2026

COMPANIES

DigiTax Convenes Business Leaders for E-Invoicing Compliance Breakfast in Lagos

July 01, 2026

Financial Services ›

NDIC begins liquidation, warns public after CBN closes 46 microfinance banks

CBN revokes licences of 46 microfinance banks over regulatory breaches

Cornerstone Insurance shareholders approve business split, name change to Cornerstone Holdings Plc

Fidelity Bank vests 29.79 million shares in staff as Amuchie, Shodipo receive largest allocations

Nigeria’s consumer credit falls to N3.03 trillion as retail loans plunge 42%

Tech News ›

Idris Elba partners Google to provide $1 million AI tools for 100,000 African creators

Microsoft plans thousands of job cuts across sales, Xbox, consulting units – Report

Nigeria has only 265,000 Fibre-to-the-Home subscribers – NCC

UK proposes rules to allow Apple, Google app stores offer alternative payment options

NCC framework: Coursera, Google Classroom may get zero-rated data in Nigeria

Manufacturing ›

Textile import ban could threaten 10 million jobs, CPPE warns

Manufacturers raise alarm as credit to sector falls by N1.9 trillion

Lafarge Africa adopts new corporate identity, becomes HBM Nigeria Plc

UNCTAD projects 353% surge in global lithium demand by 2040

Manufacturing sector contributes N329.59 billion to VAT revenue in Q1 2026

Aviation ›

African airlines post 8.9% international passenger demand growth in May

African airlines post 13.3% cargo demand growth in May – IATA

Top 10 busiest airports in Africa by outbound seats – June 2026

FG hands Enugu Airport to private operator

FAAN considers final extension of Airport cab upgrade deadline to October 2026

Energy ›

Sahara Group appoints Folake Soetan as MD of Arahas

TCN declares force majeure on Lagos substations over flooding

NNPC revenue drops to N4.34 trillion as May profit falls to N462 billion

Dangote to build port, 2,000MW power plant in Tanzania

Power outages, poor internet top obstacles facing Nigerian creatives — Report

Agriculture ›

USSEC advocates collaboration, technology to bridge Nigeria’s protein deficit

Japan donates $853,000 in food aid to tackle hunger in North-East Nigeria

Ellah Lakes acquires equipment for palm kernel oil mill

FG moves to centralise Nigeria’s livestock data

FG to deliver 1.1 million tonnes of fertiliser to farmers in 2026 – Tinubu

Hospitality & Travel ›

Kuwait suspends commercial visit visas, disrupts business travel globally

Grenada opens visa-free access to Nigerian entrepreneurs, professionals

Most popular beaches in Lagos and cost of access in 2026

Customs launches digital declaration system to curb airport delays

Ebola: U.S. suspends entry for travellers from three African countries

Real Estate and Construction ›

Lagos-Ibadan Expressway: FG confirms failed Ibadan section, orders rebuild

Lagos building collapse: LASEMA recovers 9 dead bodies, rescues 27

FG hands over rent-to-own homes to Abuja residents

Court orders GTCO to stop sending messages to non-customer

Lagos diverts traffic on Baale Animashaun Road from Monday for eight weeks

Podcast

MPR: Analysts see MPC holding rates as election cycle begins

Analysts predict interest rate stability as Nigeria enters election season

View Podcast

Banks lack capacity for long-term energy financing – Ajuluchukwu

The latest edition of The Coffee Table (TCT) with Ugodre featured energy expert and CEO of Montserrado, Ifeanyi Ajuluchu...

View Podcast

Taiwo Oyedele’s appointment signals shift in Nigeria’s fiscal policy approach

The latest episode of Drinks & Mics spotlighted Nigeria’s new finance minister, Taiwo Oyedele, and what his appointm...

View Podcast

Health ›

Ebola outbreak could cost Africa $3.6 billion, 328,000 jobs – UN

Nigeria’s insurance enrolment hits 22 million, ranks 4th in Africa—Minister

Africa CDC raises alarm after Ebola claims 89 lives in seven days

Trump seeks $1.4 billion to shield Americans from growing Ebola threat

Ebola cases in DR Congo cross 1,000 as virus infects healthcare workers

Profiles ›

Best-performing insurance company CEOs by premiums received – Q1 2026

Meet the founders behind Nigeria’s biggest startup funding rounds in May

Ebele Enunwa: Unilorin alumni who built one of Nigeria’s largest supermarket chains

Box Office 2026: Meet top 5 highest-grossing Nollywood actors YTD

Meet Peter Vowles, the former teacher appointed British High Commissioner to Nigeria

Billionaire Watch ›

Trump’s crypto related earnings hit over $1.2 billion in in 2025

Dangote to build port, 2,000MW power plant in Tanzania

Family wealth in Nigeria remains concentrated in businesses and real estate – Report

African family businesses outperform global peers as sales growth jumps – PwC

Elon Musk falls below trillionaire status as net worth drops $118 billion

Entertainment ›

Family wealth in Nigeria remains concentrated in businesses and real estate – Report

‘Call of my Life’ crosses N600 million becomes highest-grossing Nollywood film of 2026

Nigeria launches FreeTV with over 100 channels, no monthly subscription

Lionel Richie files to trademark voice over rising AI deepfakes

15 players of Nigerian descent to watch at the 2026 World Cup

Economy ›

Stanbic IBTC PMI: Nigeria’s private sector expands for fifth consecutive month in June

BOI signs $170 million iDICE fund management deal to boost Nigeria’s tech, creative sectors

IMF: Nigeria omits public spending worth 2% of GDP from official budgets

World Bank approves $1.25 billion loan to Nigeria, ignores public backlash

Nigeria ranks 55th globally, tops Africa in IMD economic performance

Corporate deals ›

Mergers, acquisitions and takeovers: Nigeria’s biggest corporate deals in H1 2026

United Capital acquires 5% equity stake in NGX

Nuvei to acquire Payoneer for $2.75 billion in global payments expansion

The Initiates Plc acquires additional 20% stake in Uganda subsidiary

Tantalizers signs MoU with Karflex Fisheries to acquire 24 fish trawlers, other assets

Companies ›

Sahara Group Appoints Folake Soetan as Arahas MD to Drive Oilfield Services Transformation Across Africa

A New Digital Gaming Platform is Entering the Nigerian Market

RMB Leads Indorama Fertilizer Refinancing as Lead Arranger and Coordinator

DigiTax Convenes Business Leaders for E-Invoicing Compliance Breakfast in Lagos

Squarehouse TV Launches as Nigeria’s Creative Economy Heads Toward $200 Billion

Consumer Goods ›

PZ Cussons Nigeria CEO Dimitrios Kostianis steps down after three years

Unilever leads as Nestlé and Cadbury face margin pressure in Q1 2026

Guinness Nigeria targets sustained profit recovery, growth momentum – CEO

10 most Indebted FMCG companies by total borrowings in 2025

Top 10 consumer goods companies with the largest cash in the bank FY2025

Financial Literacy

FINANCIAL LITERACY

Best places to invest in the second half of 2026

June 28, 2026

FINANCIAL LITERACY

An easy guide to Options trading: Calls, Puts explained

June 10, 2026

FINANCIAL LITERACY

How to invest in SpaceX IPO from Nigeria

June 08, 2026

FINANCIAL LITERACY

Where to invest in June 2026: Stocks and assets analysts are watching

May 31, 2026

ECONOMY

Tax strategies for Nigerian diaspora investors in 2026

May 30, 2026

ECONOMY

MPC holds all rates steady: What this means for your money, the Naira, and you

May 20, 2026

FINANCIAL LITERACY

Where to invest in May 2026: Five stocks analysts are watching closely

May 03, 2026

FINANCIAL LITERACY

Nigerian Overnight Financing Rate: What it means for banks, markets and SMEs

April 24, 2026