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Nigeria’s net FX flows rise to $22.5 billion in Q2 2026, highest since Q4 2019

FMDQ turnover hits N551.23 trillion in nine months as FX, OMO lead

October 24, 2026

Best performing Nigerian stocks for the week ended October 23, 2026

October 24, 2026

Equities ›

Domestic equity trading hits N13.52 trillion, surpasses full-year 2025

Africa Prudential’s pre-tax profit hits N4.07 billion in 9M as interest income jumps 46%

ABC Transport obtains approval to raise N6.5 billion in fresh capital

Energy ›

Geregu Power signs Siemens transformer deal after sharp revenue decline

FG adds 640MW transmission capacity to national grid with six new substations

Nigerian Bonny Light hits $115 a barrel as Strait of Hormuz attacks surge

Financial Services ›

Coronation Insurance revives minority buyout, seeks SEC approval for delisting

CBN approves JPMorgan’s plan to establish merchant bank in Nigeria

Ibile Holdings takes majority ownership of LASACO as stake rises to 51%

Economy ›

Nigeria’s remittance inflows hit $1.57 billion, May and June fuel record surge

IMF blames over-optimistic tax estimates, weak implementation for revenue shortfalls

Macron, Tinubu agree to postpone French President’s state visit to Nigeria until 2027

Corporate Updates

COMPANIES

Polysmart Packaging Pays Off ₦5.7bn Across Four CP Series,Quietly Building Africa’s Largest Food-Grade rPET Plant

October 25, 2026

COMPANIES

Sahara Group Foudation deepens sustainable waste management with new Go-Recycling Hub at Sam Ethnan Air Force Base

October 24, 2026

COMPANIES

CWG’s TeXcellence Conference Marks Fifth Edition with Call for Sustained Investment in Africa’s Digital Infrastructure.

October 24, 2026

COMPANIES

Q3 2026: Unilever Nigeria sustains profitable growth delivers ₦184bn revenue, ₦26.4bn net profit and declares interim dividend

October 23, 2026

Fixed Income ›

AfDB raises $2.5 billion in global bond as orders hit $4.8 billion

ABC Transport obtains approval to raise N6.5 billion in fresh capital

FMDQ turnover hits N551.23 trillion in nine months as FX, OMO lead

CBN reset rates by 350bps, yet market is still offering banks yields above 17%

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

Profiles ›

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

Nollywood: Meet 7 producers making box office history in 2026

Currencies ›

Nigeria’s net FX flows rise to $22.5 billion in Q2 2026, highest since Q4 2019

FMDQ turnover hits N551.23 trillion in nine months as FX, OMO lead

Naira weakens to N1,365/$, records sharpest daily decline in 18 months

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

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

Exclusives ›

Scoop: Otedola buying Dangote Cement again as shares jump 10%

Chude Jideonwo: The entrepreneur betting on Africa’s largest media conglomerate

Cheap imports, 40% loan rates, threaten Nigeria’s EV manufacturers –ROXETTES Chairman

CBN reset rates by 350bps, yet market is still offering banks yields above 17%

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

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 ›

NSIA, partners award $277,000 to 7 Nigerian startups at Demo Day

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

Real Estate and Construction ›

Sanwo-Olu says Lagos delivered 10,623 housing units across 23 estates

Lagos-Calabar Coastal Highway to be completed in three years, Umahi says

Umahi Accuses Landmark Africa of Land Grabbing, Threatens Legal Action

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

Clannit to introduce annual estate subscriptions from January 2027

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 ›

NCDC identifies two suspected Ebola cases, traces 53 primary contacts

Nigeria’s Ebola case linked to virus found in Kenya’s index case, Pate says

Nigeria’s Ebola case sparks travel dispute, Switzerland denies patient visited Congo

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

Kenya records ninth Ebola case as virus spreads beyond DR Congo

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 ›

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

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

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 ›

Nigeria’s remittance inflows hit $1.57 billion, May and June fuel record surge

IMF blames over-optimistic tax estimates, weak implementation for revenue shortfalls

Macron, Tinubu agree to postpone French President’s state visit to Nigeria until 2027

CBN bills surge to N5.6 trillion, drive 74% of money supply increase in September

Credit to government jumps 63% to N39.4 trillion as private-sector credit slips

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 ›

Polysmart Packaging Pays Off ₦5.7bn Across Four CP Series,Quietly Building Africa’s Largest Food-Grade rPET Plant

Africa Prudential’s pre-tax profit hits N4.07 billion in 9M as interest income jumps 46%

ABC Transport obtains approval to raise N6.5 billion in fresh capital

NGX Group’s pre-tax profit rises 83% to N20.58 billion in 9M 2026

Unilever Nigeria announces Chika Nwobi’s retirement after nine years on Board

Consumer Goods ›

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

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