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Top Stories

Banking
FMDA projects N2.499 trillion money-market inflows as system liquidity falls 23.7%
Breaking News
Dangote Refinery heads to Appeal Court over ‘continual fuel import licences’ judgement
Breaking News
Dangote Refinery extends IPO subscription deadline to October 27
Sectors
Global smartphone shipments plunge 20% to lowest level in 14 years
Legal & Regulations
Court strikes out charges against alleged fake DG over prosecution loopholes
All Stories
2 hours ago

Nigerian stocks shed N407 billion, banking sell-off drags market lower

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

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

October 12, 2026

States, FCT collect N2.64 trillion taxes from workers as PAYE jumps 40.3%

States, FCT collect N2.64 trillion taxes from workers as PAYE jumps 40.3%

October 12, 2026

Insights

TAP processes N3 billion monthly in Lagos transport fares, Afolabi Olamide reveals

TAP processes N3 billion monthly in Lagos transport fares, Afolabi Olamide reveals

Caleb Obiowo

Best performing balanced mutual funds in Nigeria as of September 2026

Research Team

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

Caleb Obiowo

Why AI success in Africa hinges on power infrastructure — Gary Chomse

Samson Akintaro

Best performing equity mutual funds in Nigeria as of September 2026

Research Team

Myrtle Banner
Wema Bank Banner
Wema Bank
Equities ›
Nigerian stocks shed N407 billion, banking sell-off drags market lower
Nigerian stocks shed N407 billion, banking sell-off drags market lower
Dangote Refinery extends IPO subscription deadline to October 27
NNPC revenue hits N28.54 trillion in eight months
Energy ›
Dangote Refinery heads to Appeal Court over ‘continual fuel import licences’ judgement
Dangote Refinery heads to Appeal Court over ‘continual fuel import licences’ judgement
Dangote Refinery extends IPO subscription deadline to October 27
NNPC revenue hits N28.54 trillion in eight months
Financial Services ›
FMDA projects N2.499 trillion money-market inflows as system liquidity falls 23.7%
FMDA projects N2.499 trillion money-market inflows as system liquidity falls 23.7%
Jim Ovia to earn N8.7 billion in Zenith Bank interim dividend for H1 2026
OPay claims 57.4% share of Nigeria’s digital loan disbursements in 2025
Economy ›
Peter Obi challenges World Bank’s growth outlook, says Nigerians remain worse off
Peter Obi challenges World Bank’s growth outlook, says Nigerians remain worse off
Peter Obi faults Tinubu over N7.7 trillion debt interest payments in six months
World Bank targets $5.79 billion for Nigeria, bets on 850,000 jobs
FCMB Banner

Corporate Updates

Midea Launches WIN 9JA WIN Promotion with Guaranteed Rewards and Chery Tiggo 2 Pro Grand Prize
  • COMPANIES

Midea Launches WIN 9JA WIN Promotion with Guaranteed Rewards and Chery Tiggo 2 Pro Grand Prize

October 12, 2026

Send App by Flutterwave Named Headline Sponsor of EbonyLife Place London Launch as Flutterwave Becomes Exclusive Payments Partner
  • COMPANIES

Send App by Flutterwave Named Headline Sponsor of EbonyLife Place London Launch as Flutterwave Becomes Exclusive Payments Partner

October 12, 2026

Nigeria’s lost purchasing power: How a decade of economic shocks changed money
  • COMPANIES

Nigeria’s lost purchasing power: How a decade of economic shocks changed money

October 12, 2026

Public notice on gaming licensing, tax compliance and facilitation of gaming services through telecommunications and vas platforms in lagos state.
  • COMPANIES

Public notice on gaming licensing, tax compliance and facilitation of gaming services through telecommunications and vas platforms in lagos state.

October 12, 2026

Fixed Income ›
FMDA projects N2.499 trillion money-market inflows as system liquidity falls 23.7%
FMDA projects N2.499 trillion money-market inflows as system liquidity falls 23.7%
Best performing balanced mutual funds in Nigeria as of September 2026
Lagos launches up to N200 billion 10-year bond: Key takeaways for investors
Best performing equity mutual funds in Nigeria as of September 2026
Best performing money market funds in Nigeria as of September 2026
Profiles ›
Meet the power brokers behind Africa’s most expensive hotels in 2026
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
Meet 12 Female Chairpersons of NGX largest companies
Currencies ›
Dollar trading in Nigeria nearly doubles to $3.37 billion in one week 
Dollar trading in Nigeria nearly doubles to $3.37 billion in one week 
Naira likely to break below N1,300/$ amid high FX supply
Dangote Group projects naira at N1,330/$ by year-end, N1,385/$ average for 2026
Naira extends Bullish streak against British Pound at N1,767/£
Naira emerges among Africa’s strongest currencies despite Q2 market turmoil — World Bank
Exclusives ›
Dollar trading in Nigeria nearly doubles to $3.37 billion in one week 
Dollar trading in Nigeria nearly doubles to $3.37 billion in one week 
TAP processes N3 billion monthly in Lagos transport fares, Afolabi Olamide reveals
Long leases slash entry barrier into Lagos real estate by up to 70% — Sanni Faruq
Why AI success in Africa hinges on power infrastructure — Gary Chomse
Government debt claims 80% of new and supplementary listings on NGX
Agriculture ›
AfDB grants Ghana $18.8 million to boost rice production
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 ›
Global smartphone shipments plunge 20% to lowest level in 14 years
Global smartphone shipments plunge 20% to lowest level in 14 years
TikTok distances itself from Northern Nigeria blackout; cause remains unclear
Nigerian startups raise $11.3 million in September 2026, down 97% from August
Nigerian startups face funding gap between seed and growth stages – Sage Grey MD warns
Why AI success in Africa hinges on power infrastructure — Gary Chomse
Real Estate and Construction ›
Long leases slash entry barrier into Lagos real estate by up to 70% — Sanni Faruq
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
Kenya secures new investor for $254.4 million Kitui cement factory, after Dangote’s exit
Dangote Projects amasses nearly 7,000 machines, claims world’s largest construction fleet
Aviation ›
FAAN plans 25-day closure of Owerri airport runway for repairs, expansion
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
FG raised $500 million for Lagos airport after subsidy removal, Keyamo says
Military aircraft crashes near Naval Base in Ondo, 32 on board

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

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 ›
WHO rules out weight-loss drugs for children below 10 in first obesity guidelines
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
Global life expectancy rebounds near pre-COVID-19 level at 73.3 years —WHO
WHO says these 10 diseases claimed 33 million lives in one year
Hospitality & Travel ›
Meet the power brokers behind Africa’s most expensive hotels in 2026
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 ›
Jim Ovia to earn N8.7 billion in Zenith Bank interim dividend for H1 2026
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
Dangote’s NGX wealth surges by N1.47 trillion in Q3 2026 as cement stock rallies
Elon Musk’s net worth hits $1 trillion again after $65 billion gain in 24 hours
Entertainment ›
Agbara Nla hits N170.6 million, records biggest non-December Nollywood opening
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
EU plans new funding, projects to support artists across Nigeria, Africa
Agbara Nla grosses N71 million in preview, becomes biggest Nollywood single day opening
Netflix says growth is slowing as AI, live shows drive spending
Economy ›
Peter Obi challenges World Bank’s growth outlook, says Nigerians remain worse off
Peter Obi challenges World Bank’s growth outlook, says Nigerians remain worse off
Peter Obi faults Tinubu over N7.7 trillion debt interest payments in six months
World Bank targets $5.79 billion for Nigeria, bets on 850,000 jobs
Global multidimensional poverty rises by 51.5 million, Nigeria reverses gains
Nigeria’s external reserves gain $115 million in six days, hit $55.07 billion
Corporate deals ›
Paramount Skydance completes $110 billion takeover of Warner Bros Discovery
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 ›
Midea Launches WIN 9JA WIN Promotion with Guaranteed Rewards and Chery Tiggo 2 Pro Grand Prize
Midea Launches WIN 9JA WIN Promotion with Guaranteed Rewards and Chery Tiggo 2 Pro Grand Prize
Send App by Flutterwave Named Headline Sponsor of EbonyLife Place London Launch as Flutterwave Becomes Exclusive Payments Partner
NNPC revenue hits N28.54 trillion in eight months
Nigeria’s lost purchasing power: How a decade of economic shocks changed money
Public notice on gaming licensing, tax compliance and facilitation of gaming services through telecommunications and vas platforms in lagos state.
Consumer Goods ›
Consumer Goods firms record N70.1 billion in technical fees to parent companies
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

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

How to invest in SpaceX IPO from Nigeria
  • FINANCIAL LITERACY

How to invest in SpaceX IPO from Nigeria

June 08, 2026

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