9 hours ago

DMO rejects 74% of NTB bids, raises one-year rate to 15.90% for first time since August

Meet 10 CEOs behind major companies that have exited Nigeria since 2022

October 16, 2026

Nigeria’s inflation slows to 14.63% in September, fourth straight monthly decline in 2026

October 15, 2026

Equities ›

Nigerian stocks close week in red as NGX dips by N108.7 billion

NGX Group, partners boost cross-border investment through Dangote refinery offer

NGX takes Dangote Refinery IPO beyond Nigeria, target investors in 3 African countries

Energy ›

Nigeria’s energy inflation more than doubles to 10.85% in September

Dangote Refinery targets Egyptian investors as $1.6 billion IPO expands

NNPC advances IPO plans, addresses governance, financial reporting gaps

Financial Services ›

Banks’ CBN deposits rise above N6 trillion after N2.4 trillion OMO repayment

UBA wins judgment against Stallion Group, Vaswani brothers over alleged N156 billion debt

Onafriq winds down Baxi agent banking business in Nigeria

Economy ›

Top 10 most affordable states to live in Nigeria as inflation falls to 14.63% in September 2026

CPPE warns rising energy costs could reverse Nigeria’s disinflation gains

Tony Elumelu backs $15 billion investment pipeline for West African infrastructure

Corporate Updates

COMPANIES

CardinalStone Securities Named Africa’s Best Broker and Nigeria’s Best Broker at Euromoney Awards 2026

October 16, 2026

COMPANIES

ProvidusUnity Bank Convenes Over 200 Exporters in Kano To Boost Nigeria’s Non-Oil Exports

October 16, 2026

COMPANIES

TeXcellence 5.0: Why Africa Must Move from Digital Adoption to Ownership, Execution and Economic Value

October 16, 2026

COMPANIES

Turning Nigeria’s Agricultural Promise into Food Security: The Power of Innovation for Nutrition

October 16, 2026

Fixed Income ›

DMO rejects 74% of NTB bids, raises one-year rate to 15.90% for first time since August

United Nigeria Airlines targets N20 billion in first domestic operator commercial paper

CBN offers N450 billion today, second NTB auction of Q4 issuance

FG plans N5.4 trillion Treasury bill offers in Q4, targets N4.1 trillion in one-year bills

Daraju CP offers 23% return: Is the extra income worth the risk?

Profiles ›

Meet 10 CEOs behind major companies that have exited Nigeria since 2022

Meet the power brokers behind Africa’s most expensive hotels in 2026

Meet Ladi Delano and Jide Odunsi, Nigerian founders of Moove exiting home market

AU: Meet South African researcher Sifiso Falala named AfCRA interim CEO

Meet the Chief Risk Officers behind Nigeria’s most capitalized banks in 2026

Currencies ›

Naira maintains N1,765/£1 band against British Pound amid increased FX supply

Best performing African currencies in September 2026

Nigeria’s FX demand hits 15-year high of $18.34 billion in Q2 2026

Financial services absorb $9.64 billion as Nigeria’s FX demand hits 15-year high

Naira strengthens to N1,333/$ ahead of September inflation report as FX turnover swings

Exclusives ›

Guinea Insurance rallies 43% in October as fresh funding raises recovery hopes

Oil marketers say FG’s petrol discount excludes them, seek 60-day extension

Daraju CP offers 23% return: Is the extra income worth the risk?

OPay earns more from lending than payments as profit hits $90.9 million

Dollar trading in Nigeria nearly doubles to $3.37 billion in one week 

Agriculture ›

AfDB grants Ghana $18.8 million to boost rice production

Nigeria to adopt Ethiopia’s mechanised farming model to boost food security – Shettima

Ghana raises $288 million debt to finance cocoa purchases

FG expands Livestock development project to 10 additional states

India probes Niger soybean imports over suspected Nigerian origin

Tech News ›

Onafriq winds down Baxi agent banking business in Nigeria

NCC says device checker cannot access Nigerians’ private data

Lagos gives MTN, Airtel, others 30 days to verify betting firms’ licences

NCC registers 231 million telecom devices as Nigeria begins phone verification

NIBSS adopts Transactility’s jPOS technology for National Payment Stack

Real Estate and Construction ›

FG proposes N85 million mortgage ceiling, targets 5,000 mortgages by 2028

Lagos announces Independence Bridge traffic diversion for repairs from October 16

Long leases slash entry barrier into Lagos real estate by up to 70% — Sanni Faruq

Why property sales surge in Nigeria during Q4 — Real estate experts

Ikoyi land prices hit N6 million per sqm, Oak Holdings CEO questions the economics

Aviation ›

United Nigeria Airlines targets N20 billion in first domestic operator commercial paper

Ibom Air appoints Mfon Udomah, Eno Udoma-Eniang as executive directors

FAAN plans 25-day closure of Owerri airport runway for repairs, expansion

Nigerian Air Force releases names of 25 people killed in Ondo crash

Nigeria’s scheduled domestic capacity hits 1 million seats for first time in 2026

Podcast

Nigerian banks should be compelled to lend to productive sectors – Expert

Nigerian banks should be required to direct more credit to productive sectors such as agriculture, manufacturing and con...

View Podcast

Bank dominance on NGX reflects structural economic problems — Experts

The dominance of banks among Nigeria's most valuable and best-performing listed companies is a sign of deeper structural...

View Podcast

Dangote Refinery IPO surpassed MTN, GTCO digital records in one day – Chapel Hill

The ongoing Initial Public Offer (IPO) of Dangote Petroleum Refinery has surpassed the digital subscription levels achie...

View Podcast

Health ›

Africa CDC raises alarm over $700 million in unaccounted Ebola funds

FG approves N40.7 billion for healthcare delivery, expands coverage

WHO rules out weight-loss drugs for children below 10 in first obesity guidelines

Kenya confirms first Ebola case as patient dies in Nairobi

FG completes 10 diagnostic centres, plans six specialty hospitals nationwide

Hospitality & Travel ›

Meet the power brokers behind Africa’s most expensive hotels in 2026

NIS further extends UK passport intervention exercise to October 30

NIS extends UK passport intervention exercise to October 3

Lagos shortlet boom puts operators under pressure as supply keeps rising

US Embassy continues diplomatic, official visa processing in Abuja

Billionaire Watch ›

South Africa billionaire Johann Rupert’s Richemont to join $1 billion bid for De Beers

Egyptian billionaire Ahmed Elsewedy’s company secures $2.2 billion power contract in Saudi Arabia

Jim Ovia to earn N8.7 billion in Zenith Bank interim dividend for H1 2026

Jeff Bezos hits world’s 2nd-richest status as net worth rises $122 billion in 2026

Femi Otedola gains N1.48 trillion in Q3 2026

Entertainment ›

Universal Music Group announces fresh layoffs amid $270 million cost-cutting programme

Netflix enters football’s most valuable market with landmark 2030 World Cup deal

Formula 1 returns to Africa after 33 years with 10-year Rwanda Grand Prix deal

Agbara Nla hits N170.6 million, records biggest non-December Nollywood opening

Bimbo Ademoye’s ‘My 30th Wedding’ crosses 10 million views on YouTube in 48hrs

Economy ›

Top 10 most affordable states to live in Nigeria as inflation falls to 14.63% in September 2026

CPPE warns rising energy costs could reverse Nigeria’s disinflation gains

Tony Elumelu backs $15 billion investment pipeline for West African infrastructure

Nigeria’s FX demand hits 15-year high of $18.34 billion in Q2 2026

Nigerians spend $1.44 billion on foreign education in H1 2026

Corporate deals ›

Paramount Skydance completes $110 billion takeover of Warner Bros Discovery

UAC Nigeria exits Livestock Feeds in N19.5 billion deal with Sunbeth

UAC Nigeria to sell 43% stake in DP World Logistics to TGI Group

IHS shareholders approve MTN takeover, company awaits regulatory approvals

S&P Global to acquire majority stake in Agusto & Co. in Africa expansion

Companies ›

CardinalStone Securities Named Africa’s Best Broker and Nigeria’s Best Broker at Euromoney Awards 2026

ProvidusUnity Bank Convenes Over 200 Exporters in Kano To Boost Nigeria’s Non-Oil Exports

TeXcellence 5.0: Why Africa Must Move from Digital Adoption to Ownership, Execution and Economic Value

Turning Nigeria’s Agricultural Promise into Food Security: The Power of Innovation for Nutrition

Celebrations Cards and Gifts Limited Strengthens Board with Independent Directors as 37-Year Heritage Brand Enters Next Phase of Growth

Consumer Goods ›

Consumer Goods firms record N70.1 billion in technical fees to parent companies

UAC Nigeria exits Livestock Feeds in N19.5 billion deal with Sunbeth

Manufacturers or money managers? Consumer goods firms hold N587 billion cash in 2026

UAC Nigeria to sell 43% stake in DP World Logistics to TGI Group

Guinness Nigeria says weak balance sheet is gone, bets N20 billion on growth

Financial Literacy

EQUITIES

Stretched valuations could threaten your stock market gains in Q4

October 03, 2026

ECONOMY

Five mistakes investors should avoid when investing in Nigeria

September 05, 2026

FINANCIAL LITERACY

Portfolio investment into Nigeria: Understanding the flow, the assets, the risks, and the path forward

August 02, 2026

FINANCIAL LITERACY

Why Nigerian Money Market Funds are your best emergency fund upgrade

July 18, 2026

EQUITIES

Q2 2026 investment returns: Where investors should position for H2

July 15, 2026

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