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Top Stories

Banking
Banks park N8.31 trillion at CBN despite N724 billion OMO mop-up
Energy
FG releases 98 of 300 containers of power equipment stranded for 20 years
Op-Eds
Growing bigger is becoming a liability for Nigerian businesses
Op-Eds
Bigger reserves, weaker naira, CBN research points to Nigeria’s deficit problem
Commodities
Nigerian gold falls to N176K/g after US stock market bloodbath
All Stories
6 hours ago

Best-performing Nigerian stocks for the week ended November 6

Meet the CEOs of top construction companies in Nigeria in 2026

Meet the CEOs of top construction companies in Nigeria in 2026

November 07, 2026

Nigeria’s consumer giants squeeze out bigger profits as shoppers pull back

Nigeria’s consumer giants squeeze out bigger profits as shoppers pull back

November 06, 2026

Insights

Growing bigger is becoming a liability for Nigerian businesses

Growing bigger is becoming a liability for Nigerian businesses

Op-Ed Contributor

Bigger reserves, weaker naira, CBN research points to Nigeria’s deficit problem

Kalu Aja

Why global investors are betting big on Nigeria’s data centre market – Rack Centre CEO

Samson Akintaro

SEC orders freeze on terror-linked assets, but market operators say they are unaware

Kelechi Mgboji

Delta tops state FAAC disbursements at N98.27 billion as Lagos drops to fifth

Research Team

Myrtle Banner
Wema Bank Banner
Wema Bank
Equities ›
Best-performing Nigerian stocks for the week ended November 6
Best-performing Nigerian stocks for the week ended November 6
NGX sheds another N540 billion as MTN Nigeria, Zenith Bank, GTCO, drag stocks lower
MTN Nigeria earns 2.5 times Airtel’s data revenue, but Airtel grows faster
Energy ›
FG releases 98 of 300 containers of power equipment stranded for 20 years
FG releases 98 of 300 containers of power equipment stranded for 20 years
Tegbe says electricity supply to improve within 72 hours as FG tackles grid constraints
TCN accuses Ikeja Electric of misleading customers over feeder outages
Financial Services ›
Banks park N8.31 trillion at CBN despite N724 billion OMO mop-up
Banks park N8.31 trillion at CBN despite N724 billion OMO mop-up
Afreximbank targets $1 billion investment deals at CANEX WKND 2026 in Lagos
CBN’s January 2027 data localisation deadline puts banks, fintechs under pressure
Economy ›
Afreximbank targets $1 billion investment deals at CANEX WKND 2026 in Lagos
Afreximbank targets $1 billion investment deals at CANEX WKND 2026 in Lagos
Nigeria among six countries holding 80% of Africa’s corporate debt – OECD
Afreximbank quadruples creative industries financing commitment to US$2 billion
FCMB Banner

Corporate Updates

Nigeria Economic Summit Closes With Urgent Call For Tangible Growth, Policy Execution
  • COMPANIES

Nigeria Economic Summit Closes With Urgent Call For Tangible Growth, Policy Execution

November 07, 2026

Zenith Bank awards ₦190 million to African innovators at sixth tech fair
  • COMPANIES

Zenith Bank awards ₦190 million to African innovators at sixth tech fair

November 07, 2026

Global enterprise AI Firm, AURÄI, Launches to Monitor, Govern, and Certify AI Operations
  • COMPANIES

Global enterprise AI Firm, AURÄI, Launches to Monitor, Govern, and Certify AI Operations

November 06, 2026

FourthCanvas expands to the UK as it marks 11th anniversary
  • COMPANIES

FourthCanvas expands to the UK as it marks 11th anniversary

November 06, 2026

Fixed Income ›
Banks park N8.31 trillion at CBN despite N724 billion OMO mop-up
Banks park N8.31 trillion at CBN despite N724 billion OMO mop-up
ETFs slump in October as Stanbic IBTC ETF 30 falls 32.66%
CBN mops up N3.46 trillion across OMO, NTB auctions, holds T-bill stop rates steady
Where to invest in November 2026: Stocks, fixed income and funds to consider
CBN to auction N800 billion in Treasury Bills today as maturities top N872 billion
Profiles ›
Meet the CEOs of top construction companies in Nigeria in 2026
Meet the CEOs of top construction companies in Nigeria in 2026
Top 10 CEOs managing the world’s largest sovereign wealth funds
Meet the CEOs leading Nigeria’s seven listed oil and gas companies
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
Currencies ›
Naira weakens 0.22% as FX turnover slows to $1.45 billion in November’s first week
Naira weakens 0.22% as FX turnover slows to $1.45 billion in November’s first week
Naira falls to N1,350.45/$ at NFEM, extending November losses
Naira slips to N1,348/$, as FX turnover drops below $101 million
US dollar weakens as Democrats take control, offering bright outlook for naira
NFEM turnover falls below $300 million for first time since September 28
Exclusives ›
Why global investors are betting big on Nigeria’s data centre market – Rack Centre CEO
Why global investors are betting big on Nigeria’s data centre market – Rack Centre CEO
SEC orders freeze on terror-linked assets, but market operators say they are unaware
MTN Nigeria earns 2.5 times Airtel’s data revenue, but Airtel grows faster
Nigerian EV manufacturers, importers lament limited access to bank forex
Nigeria’s consumer giants squeeze out bigger profits as shoppers pull back
Agriculture ›
Olam Agri to invest $400 million in African food processing, plans new feed mills
Olam Agri to invest $400 million in African food processing, plans new feed mills
Jigawa commits N4.5 billion to three cattle ranches to curb farmers-herders clashes
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
Tech News ›
Why global investors are betting big on Nigeria’s data centre market – Rack Centre CEO
Why global investors are betting big on Nigeria’s data centre market – Rack Centre CEO
OpenAI secures $11 billion in fresh funding at $1.25 trillion valuation
MTN Nigeria earns 2.5 times Airtel’s data revenue, but Airtel grows faster
Airtel Africa begins fresh share buyback tranche, targets 12 million shares
African startups raise $183 million in October as funding falls 58%
Real Estate and Construction ›
Meet the CEOs of top construction companies in Nigeria in 2026
Meet the CEOs of top construction companies in Nigeria in 2026
Diaspora buyers drive property prices in Ikoyi, Lekki, Victoria Island -Arrowhead Homes CEO
PAU’s Pearl Hostel records 28.36% yield, highest among UPDC REIT’s five properties
Lagos Real Estate: Goania Project MD reveals costs developers underestimate
FG partners Harmony Gardens, Metroscape to build 2,000 homes in Ibeju-Lekki
Aviation ›
Enugu Air secures approval for Lagos-London Gatwick route
Enugu Air secures approval for Lagos-London Gatwick route
Nigeria’s domestic airline capacity falls to 978,000 seats after October’s milestone
Edo signs MoU with China Express Airline, KDN Aero for proposed state-owned carrier
Senate rejects Nigeria Air revival, Akpabio calls for fresh national carrier push
United Nigeria Airlines raises N22 billion in debut CP issuance, exceeds target

Podcast

Stronger dollar, election uncertainty could pressure naira, raise Nigeria’s borrowing costs – Experts

Stronger dollar, election uncertainty could pressure naira, raise Nigeria’s borrowing costs – Experts

A stronger US dollar and uncertainty ahead of Nigeria’s election season could put pressure on the naira and increase the...

View Podcast
Nigeria must increase federal revenue share or transfer more responsibilities to states, says Zrosk CIO

Nigeria must increase federal revenue share or transfer more responsibilities to states, says Zrosk CIO

Nigeria must either increase the Federal Government's share of national revenue or transfer some of its responsibilities...

View 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
Health ›
Helium Health secures $2.5 million Google.org grant to deploy AI in maternal healthcare
Helium Health secures $2.5 million Google.org grant to deploy AI in maternal healthcare
Ebola death rate exceeds 50% in DR Congo as US tightens travel restrictions
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
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 raises Africa investment target to $60 billion, begins $2.5 billion Namibia project
Dangote raises Africa investment target to $60 billion, begins $2.5 billion Namibia project
Tinubu’s economic reforms have favoured the rich, worsened poverty – Atedo Peterside
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
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 ›
Afreximbank targets $1 billion investment deals at CANEX WKND 2026 in Lagos
Afreximbank targets $1 billion investment deals at CANEX WKND 2026 in Lagos
Nigeria among six countries holding 80% of Africa’s corporate debt – OECD
Afreximbank quadruples creative industries financing commitment to US$2 billion
Delta tops state FAAC disbursements at N98.27 billion as Lagos drops to fifth
Customs generates N1.42 trillion in two months, records $752.8 million exports in Q3
Corporate deals ›
Yellow Card acquires Brazilian crypto firm GoMoney, expands Latin American operations
Yellow Card acquires Brazilian crypto firm GoMoney, expands Latin American operations
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
Companies ›
Nigeria Economic Summit Closes With Urgent Call For Tangible Growth, Policy Execution
Nigeria Economic Summit Closes With Urgent Call For Tangible Growth, Policy Execution
Zenith Bank awards ₦190 million to African innovators at sixth tech fair
Global enterprise AI Firm, AURÄI, Launches to Monitor, Govern, and Certify AI Operations
FourthCanvas expands to the UK as it marks 11th anniversary
NESA, Lagos State Unveils ECONNEXT Lagos Conference 2026
Consumer Goods ›
Nigeria’s consumer giants squeeze out bigger profits as shoppers pull back
Nigeria’s consumer giants squeeze out bigger profits as shoppers pull back
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

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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