12 hours ago

NEC approves 90-day plan to cut food costs, ease Nigeria’s cost-of-living crisis

CBN offers N2 trillion OMO bills as banks hold N6 trillion at deposit window

October 22, 2026

Cash outside banks rises by N48.7 billion to N4.92 trillion in September — CBN

October 22, 2026

Equities ›

NGX stocks shed N103.6 billion as bearish pressure drives All-Share Index to weekly low

Dangote’s $1.6 billion refinery IPO could increase active Nigerian investors fivefold — NGX

Guinness Nigeria’s 9M 2026 pre-tax profit rises 55% to N61.65 billion, declares interim dividend

Energy ›

Petrol imports slump 30% as Nigeria’s daily demand surges to 44.4 million litres

NUEE accuses ‘Benue government thugs’ of torturing workers over electricity disconnection

Dangote expands petroleum network across Africa, invests in pipelines and storage

Financial Services ›

Abbey Bank to adopt digital first strategy as it transitions to commercial banking

Cash outside banks rises by N48.7 billion to N4.92 trillion in September — CBN

JPMorgan deposits N50 billion with CBN as Nigeria banking licence bid advances

Economy ›

NEC approves 90-day plan to cut food costs, ease Nigeria’s cost-of-living crisis

BOI targets 3 million jobs, N1.85 trillion annual lending by 2027

Credit to private sector falls by N537.6 billion in September despite annual growth

Corporate Updates

COMPANIES

From Cash App to Naira: OneDosh Adds a New Route for Sending Money Home Across the US, UK and EU

October 22, 2026

COMPANIES

FirstBank sustains 65-year commitment to Lagos Amateur Open Golf

October 22, 2026

COMPANIES

Cutix Plc Unveils Photovoltaic Solar Cables, Puts Safety at the Heart of Solar Experience

October 22, 2026

COMPANIES

Alert Group wins Fastest-Growing Financial Services Group of the Year at 2026 BAFI Awards

October 22, 2026

Fixed Income ›

CBN sells N2.63 trillion OMO bills, N629 billion above initial offer, as stop rates rise

FGN bonds attract N1.75 trillion in bids, as DMO allots N1.21 trillion

CBN offers N2 trillion OMO bills as banks hold N6 trillion at deposit window

Nigeria’s 10-year bond yield rises as US and African benchmarks decline

Nigeria’s mutual fund assets near N10 trillion as money market funds dominate

Profiles ›

Meet 7 diaspora Nigerians appointed to top global roles in 2026

Meet 7 owners of largest private hospitals in Lagos

Nollywood: Meet 7 producers making box office history in 2026

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

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

Currencies ›

Naira holds at N1,497/€ as French debt crisis drags euro down

Naira settles at N1,778/£ as British Pound advances against US dollar

Naira weakens to N1,334.99/$ as dollar falls in global markets

Naira steadies at N1,333/$ as dollar demand remains elevated

CBN forex spot sales hit $1.64 billion in H1 2026

Exclusives ›

Guinness’ 2026 dividends reach N16: Can cash generation keep pace?

How stablecoins could free up capital locked in cross-border payments — Paga Group CEO

NGX fines 15 companies N123.17 million for late filings, experts seek tougher sanctions

PoS agents face uncertain future as Nigerians embrace mobile transfers

Petrol price war makes Nigerian motorists abandon brand loyalty, marketers say

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 ›

Reps summon MTN, Airtel, Glo CEOs over poor network quality, threaten arrest

NBTI unveils $600 million investment pipeline through global partnerships

Nigeria reclaims Africa’s startup funding lead as investments rise to $635 million

SpaceX revenue jumps 161% to $14.58 billion as Q3 2026 profit beats estimates

NCC to expand phone number verification across sectors to curb fraud

Real Estate and Construction ›

FMBN approves N208 billion in housing loans, finances 6,911 homes

Clannit to introduce annual estate subscriptions from January 2027

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

Aviation ›

FG, Bi-Courtney end nearly 20-year dispute over Lagos MM2 airport

FAAN increases airport surveillance following confirmed Ebola case in Abuja

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

Podcast

Young Nigerians question gains of Tinubu’s economic reforms

Young Nigerian finance and legal professionals have questioned whether the Bola Tinubu administration's economic reforms...

View 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

Health ›

Uganda denies being source of Nigeria’s imported Ebola case, says investigation ongoing

Kenya records ninth Ebola case as virus spreads beyond DR Congo

Africa CDC seeks urgent international support after Ebola case in Nigeria

Nigeria confirms imported Ebola case in FCT, begins contact tracing

Kenya confirms four new Ebola cases, bringing total to seven

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 ›

Aliko Dangote prepares three daughters to inherit $58 billion business empire

Elon Musk regains trillionaire status as wealth jumps $88 billion

Dangote acquires 25% stake in Kenya Pipeline Company for $327 million

Otedola reveals he shared bunk bed with Lagos Deputy Governor Hamzat 49 years ago

Elon Musk pledges $10.5 billion in SpaceX shares to American children in 2027

Entertainment ›

Nollywood: Meet 7 producers making box office history in 2026

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

Economy ›

NEC approves 90-day plan to cut food costs, ease Nigeria’s cost-of-living crisis

BOI targets 3 million jobs, N1.85 trillion annual lending by 2027

Credit to private sector falls by N537.6 billion in September despite annual growth

Nigeria’s money supply swells by N7.5 trillion in one month, hits N146.6 trillion

South Africa’s inflation rises to 4.5% in September as transport costs jump

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 ›

Abbey Bank to adopt digital first strategy as it transitions to commercial banking

From Cash App to Naira: OneDosh Adds a New Route for Sending Money Home Across the US, UK and EU

FirstBank sustains 65-year commitment to Lagos Amateur Open Golf

ABC Transport announces Kabiru Yusuf’s resignation after 20 years on board

Cutix Plc Unveils Photovoltaic Solar Cables, Puts Safety at the Heart of Solar Experience

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