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Top Stories

Health
No confirmed Ebola case in Adamawa as suspected cases test negative
Economy
Lagos food prices: Maize, ogbono and garri record sharp increases in October
Sectors
Nigerian co-founded AI startup Minicor raises $3.8 million to bridge AI and legacy business software
Company News
MTN Nigeria’s 9-month cash income tax payments jump 1,271% to N295.4 billion
Company News
Airtel Africa’s mobile money trust balances hit $1.49 billion
All Stories
Nigerian stocks
20 hours ago

Nigerian stocks gain N2 trillion in October as market cap hits N165 trillion

EXCLUSIVE: Dangote Refinery IPO records 1.55 million online subscribers, total retail count could reach five million 

EXCLUSIVE: Dangote Refinery IPO records 1.55 million online subscribers, total retail count could reach five million 

October 31, 2026

Best performing Nigerian stocks in October: Dangote Cement lead N2.01 trillion rally

Best performing Nigerian stocks in October: Dangote Cement lead N2.01 trillion rally

October 31, 2026

Insights

MTN Nigeria’s 9-month cash income tax payments jump 1,271% to N295.4 billion

MTN Nigeria’s 9-month cash income tax payments jump 1,271% to N295.4 billion

Samuel Daniel

Airtel Africa’s mobile money trust balances hit $1.49 billion

Samuel Daniel

Beta Glass’ 9M pre-tax profit falls 6.4% to N37.64 billion as finance costs surge 45%

Kelechi Mgboji

Honeywell Flour Mills’ H1-2027 pre-tax profit jumps 1,115% to N31.40 billion as revenue rises 41%

Kelechi Mgboji

MTN Nigeria’s 9M pre-tax profit rises 59.4% to N1.80 trillion as revenue hits N4.61 trillion

Idika Aja

Myrtle Banner
Wema Bank Banner
Wema Bank
Equities ›
MTN Nigeria’s 9-month cash income tax payments jump 1,271% to N295.4 billion
MTN Nigeria’s 9-month cash income tax payments jump 1,271% to N295.4 billion
Airtel Africa’s mobile money trust balances hit $1.49 billion
Beta Glass’ 9M pre-tax profit falls 6.4% to N37.64 billion as finance costs surge 45%
Energy ›
EXCLUSIVE: Dangote Refinery IPO records 1.55 million online subscribers, total retail count could reach five million 
EXCLUSIVE: Dangote Refinery IPO records 1.55 million online subscribers, total retail count could reach five million 
CBN appoints eight new pre-shipment agents for Nigeria’s crude oil and gas exports
Dangote Refinery secures fuel supply deal with Cameroon’s state-owned refiner
Financial Services ›
Africa Energy Bank takes off, Egypt’s Helmy Ghazi named pioneer president
Africa Energy Bank takes off, Egypt’s Helmy Ghazi named pioneer president
Why OPay IPO sale was halted after debut on NYSE
OPay post-IPO trading halted after raising $304 million
Economy ›
Lagos food prices: Maize, ogbono and garri record sharp increases in October
Lagos food prices: Maize, ogbono and garri record sharp increases in October
Dangote companies pay N104.74 billion in taxes in 9 months
World Bank warns energy costs could drive food prices 7% higher in 2027
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Corporate Updates

Konga Launches Yakata Black Friday 2026 with Deals, Giveaways and SUV Prize
  • COMPANIES

Konga Launches Yakata Black Friday 2026 with Deals, Giveaways and SUV Prize

October 31, 2026

Rev360: Reimagining Tax Administration for a Digital Nigeria
  • COMPANIES

Rev360: Reimagining Tax Administration for a Digital Nigeria

October 31, 2026

Golvia Unveils Revolutionary ‘Social Commerce Wheel’ to Monetize Africa’s Digital Creative Economy
  • COMPANIES

Golvia Unveils Revolutionary ‘Social Commerce Wheel’ to Monetize Africa’s Digital Creative Economy

October 31, 2026

BUA Foods Expands Gross Profit Margin to 48.3% as Profit After Tax Rise to N450 Billion
  • COMPANIES

BUA Foods Expands Gross Profit Margin to 48.3% as Profit After Tax Rise to N450 Billion

October 30, 2026

Fixed Income ›
Fidelity Bank Plc redeems US$400 million Eurobond at maturity
Fidelity Bank Plc redeems US$400 million Eurobond at maturity
DMO rejects N1.84 trillion bids, pushes T-bill rates lower
CBN offers N800 billion Treasury Bills today as banks hold N6 trillion
Nigeria’s Commercial Paper market has surpassed N1.9 trillion, says SEC DG
AfDB raises $2.5 billion in global bond as orders hit $4.8 billion
Profiles ›
Startup funding plunges 96.9% in September, these 9 CEOs still attracted $11.3 million
Startup funding plunges 96.9% in September, these 9 CEOs still attracted $11.3 million
Meet Dapo Olagunju, the Oxford-trained banker appointed to lead JPMorgan Nigeria
Chude Jideonwo: The entrepreneur betting on Africa’s largest media conglomerate
Meet 7 diaspora Nigerians appointed to top global roles in 2026
Meet 7 owners of largest private hospitals in Lagos
Currencies ›
Naira reverses 3-month gains, closes October at N1,346/$
Naira reverses 3-month gains, closes October at N1,346/$
Naira holds the N1350/$ baseline despite attractive US yields
Naira strengthens for third session after sharp October 23 depreciation
Naira gains N8 against dollar, biggest daily rise since August
Naira falls to N1825/£ against British pound ahead of festive season
Exclusives ›
EXCLUSIVE: Dangote Refinery IPO records 1.55 million online subscribers, total retail count could reach five million 
EXCLUSIVE: Dangote Refinery IPO records 1.55 million online subscribers, total retail count could reach five million 
Nigeria First policy under fire as EV makers accuse MDAs of favouring foreign vehicles
High financing costs remain biggest hurdle to scaling agricultural processing in Nigeria, Johnvents GMD
Why the Lagos Blue and Red Lines are not reducing traffic – Tonami Playman
Union Dicon, three others face deadline as NGX flags nine firms for delisting, restructuring
Agriculture ›
Dangote hires Spanish engineering firm for $4 billion Ethiopia fertiliser plant
Dangote hires Spanish engineering firm for $4 billion Ethiopia fertiliser plant
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
Tech News ›
Nigerian co-founded AI startup Minicor raises $3.8 million to bridge AI and legacy business software
Nigerian co-founded AI startup Minicor raises $3.8 million to bridge AI and legacy business software
Why OPay IPO sale was halted after debut on NYSE
Airtel Nigeria rolls out Open Network initiative to address service quality issues
OPay post-IPO trading halted after raising $304 million
NCC deploys NG-IMEI Scanner to curb fake phones, improve device verification
Real Estate and Construction ›
FG partners Harmony Gardens, Metroscape to build 2,000 homes in Ibeju-Lekki
FG partners Harmony Gardens, Metroscape to build 2,000 homes in Ibeju-Lekki
FMBN launches non-interest lease-to-own housing scheme for NHF contributors
Why Lagos developers prefer selling homes despite strong rental demand
Lagos explains Opebi-Odoiya Alaro Bridge delay, promises opening before Christmas
Sanwo-Olu says Lagos delivered 10,623 housing units across 23 estates 
Aviation ›
African airlines record second-highest international passenger demand growth at 8% in September
African airlines record second-highest international passenger demand growth at 8% in September
IATA: Nearly half of air passengers use AI for travel planning
IATA: African airlines’ air cargo demand rises 4.7% as capacity falls
IATA: Payment costs swallow $24.5 billion from airlines, squeezing profits
FG, Bi-Courtney end nearly 20-year dispute over Lagos MM2 airport

Podcast

Young Nigerians question gains of Tinubu’s economic reforms

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 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

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 ›
No confirmed Ebola case in Adamawa as suspected cases test negative
No confirmed Ebola case in Adamawa as suspected cases test negative
Lagos gives residents until December 31 to obtain mandatory health insurance
FG says Nigeria could declare Ebola outbreak over by December 7
Nigeria has no Ebola cases after patient evacuation – WHO
Africa CDC to deploy scientists to Nigeria over ‘unexplained’ Ebola infection
Hospitality & Travel ›
FG takes over management of Plateau’s Pandam Park after years of abandonment
FG takes over management of Plateau’s Pandam Park after years of abandonment
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
Billionaire Watch ›
Dangote companies pay N104.74 billion in taxes in 9 months
Dangote companies pay N104.74 billion in taxes in 9 months
Ylias Akbaraly: Meet Madagascar’s richest man eyeing $450 million Nigerian broadcasting deal
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
Entertainment ›
Disney reveals ‘Deadpool & Wolverine’ cost $556.8million, exceeding production budget
Disney reveals ‘Deadpool & Wolverine’ cost $556.8million, exceeding production budget
CANAL+, MultiChoice cut DStv packages to four, slash prices across African markets
Nollywood shoots up to 90% of films without proper script development – MBO Capital
Nollywood: Meet 7 producers making box office history in 2026
Universal Music Group announces fresh layoffs amid $270 million cost-cutting programme
Economy ›
Lagos food prices: Maize, ogbono and garri record sharp increases in October
Lagos food prices: Maize, ogbono and garri record sharp increases in October
Dangote companies pay N104.74 billion in taxes in 9 months
World Bank warns energy costs could drive food prices 7% higher in 2027
FG begins N50,000 monthly cash relief for vulnerable Nigerian households 
Lagos-Calabar Highway targets 250,000 Jobs, 2% GDP growth, Tinubu says
Corporate deals ›
Why OPay IPO sale was halted after debut on NYSE
Why OPay IPO sale was halted after debut on NYSE
OPay post-IPO trading halted after raising $304 million
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
Companies ›
MTN Nigeria’s 9-month cash income tax payments jump 1,271% to N295.4 billion
MTN Nigeria’s 9-month cash income tax payments jump 1,271% to N295.4 billion
Airtel Africa’s mobile money trust balances hit $1.49 billion
Beta Glass’ 9M pre-tax profit falls 6.4% to N37.64 billion as finance costs surge 45%
Honeywell Flour Mills’ H1-2027 pre-tax profit jumps 1,115% to N31.40 billion as revenue rises 41%
MTN Nigeria’s 9M pre-tax profit rises 59.4% to N1.80 trillion as revenue hits N4.61 trillion
Consumer Goods ›
Shoprite Nigeria to open neighbourhood stores, moves away from mall-based expansion
Shoprite Nigeria to open neighbourhood stores, moves away from mall-based expansion
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

Financial Literacy

US stocks: How to invest in the world’s largest stock market from Nigeria
  • FINANCIAL LITERACY

US stocks: How to invest in the world’s largest stock market from Nigeria

October 31, 2026

Stretched valuations could threaten your stock market gains in Q4
  • EQUITIES

Stretched valuations could threaten your stock market gains in Q4

October 03, 2026

Five mistakes investors should avoid when investing in Nigeria
  • ECONOMY

Five mistakes investors should avoid when investing in Nigeria

September 05, 2026

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

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

August 02, 2026

Why Nigerian Money Market Funds are your best emergency fund upgrade
  • FINANCIAL LITERACY

Why Nigerian Money Market Funds are your best emergency fund upgrade

July 18, 2026

Q2 2026 investment returns: Where investors should position for H2
  • EQUITIES

Q2 2026 investment returns: Where investors should position for H2

July 15, 2026

Best places to invest in the second half of 2026
  • FINANCIAL LITERACY

Best places to invest in the second half of 2026

June 28, 2026

An easy guide to Options trading: Calls, Puts explained
  • FINANCIAL LITERACY

An easy guide to Options trading: Calls, Puts explained

June 10, 2026

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