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

OPay post-IPO trading halted after raising $304 million

October 30, 2026

Local governments receive N4.3 trillion in 8 months from federation account

October 30, 2026

Equities ›

Geregu Power’s 9M pre-tax profit falls 79.85%, despite beating Q3 forecast

Wema Bank’s 9M pre-tax profit jumps 76.62% to N258.64 billion on strong interest income

Berger Paints’ 9M pre-tax profit rises 14.8% to N1.68 billion, declares dividend

Energy ›

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

Dangote’s fuel exports overtake domestic supply, hit 54.63 million litres daily

Financial Services ›

OPay post-IPO trading halted after raising $304 million

OPay lists on NYSE, offers 16 million shares at $19 each

Abbey Bank retains A3 short-term credit rating as capital and liquidity position strengthen

Economy ›

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

Corporate Updates

COMPANIES

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

October 30, 2026

COMPANIES

Presco Plc Delivers 8.5% Profit Growth to ₦151.5 Billion Despite Global Geopolitical Tensions and Domestic Edible Oil Business Pressures

October 30, 2026

COMPANIES

Verve Leads Nigeria’s Mobile Tap-to-Pay Frontier, Advancing the Future of Digital Payments

October 30, 2026

COMPANY NEWS

RCIM share disposal records good progress as investor demand remains robust

October 29, 2026

Fixed Income ›

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

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 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 ›

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

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

Agriculture ›

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 ›

OPay post-IPO trading halted after raising $304 million

NCC deploys NG-IMEI Scanner to curb fake phones, improve device verification

SEC says no digital asset operator has secured final registration under ARIP

CBN Data localization rule: Only 59% of banks, fintechs ready for January deadline

NCC moves to protect small operators amid rising complaints by ISPs

Real Estate and Construction ›

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

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

Aviation ›

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 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 ›

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

Nigeria’s Ebola index patient evacuated to Switzerland by air ambulance

Hospitality & Travel ›

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

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

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 ›

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

Local governments receive N4.3 trillion in 8 months from federation account

Corporate deals ›

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

IHS shareholders approve MTN takeover, company awaits regulatory approvals

Companies ›

Geregu Power’s 9M pre-tax profit falls 79.85%, despite beating Q3 forecast

Wema Bank’s 9M pre-tax profit jumps 76.62% to N258.64 billion on strong interest income

Berger Paints’ 9M pre-tax profit rises 14.8% to N1.68 billion, declares dividend

OPay post-IPO trading halted after raising $304 million

Custodian Investment’s nine-month pre-tax profit rises 25.52% to N66.20 billion

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