5 hours ago

Nigeria’s mutual fund assets near N10 trillion as money market funds dominate

PoS agents face uncertain future as Nigerians embrace mobile transfers

October 20, 2026

World Bank sets conditions as Nigeria signs $500 million development loan agreement

October 20, 2026

Equities ›

NGX claws back N410 billion after Monday’s N1.47 trillion wipeout

SEC introduces National Savings Scheme to widen capital market participation

Nigerian stocks retreat from record highs, watch out for these price levels

Energy ›

Oil prices slip from five-month high as Iran, Pakistan discuss peace efforts

Petrol price war makes Nigerian motorists abandon brand loyalty, marketers say

Power outages hit parts of Lagos, Abuja as DisCos cite grid shortfall

Financial Services ›

JPMorgan deposits N50 billion with CBN as Nigeria banking licence bid advances

Banks lend more to traders as manufacturing credit shrinks

Bank credit to Nigerian manufacturers falls 26.8% to N5.19 trillion, CBN data show

Economy ›

UK says stronger capital markets could unlock investment, jobs in Nigeria

World Bank sets conditions as Nigeria signs $500 million development loan agreement

Taiwo Oyedele pushes for NNPCL, NLNG listing to boost transparency, wealth creation

Corporate Updates

COMPANIES

Lead the Future Conference 2026 to Convene Visionary Founders, Executives and Institutional Leaders in Lagos

October 20, 2026

COMPANIES

Q3 2026: Transcorp Hotels PLC widens margins, grows profit before tax to ₦22.5 billion

October 20, 2026

COMPANIES

i-invest Wins 2026 BAFI Award for Expanding Access to Nigeria’s Capital Markets

October 20, 2026

COMPANIES

Albert & Wand trains frontline staff from different organisations on customer service excellence

October 20, 2026

Fixed Income ›

Nigeria’s mutual fund assets near N10 trillion as money market funds dominate

DMO allots N2.2 trillion at Oct 19 FGN Bond Auction as stop rates rise by 50bps

FG Savings Bond allotment drops 8.5% to N6.12 billion in October

MeCure Industries targets N14 billion in Series 8 commercial paper issuance

DMO rejects 74% of NTB bids, raises one-year rate to 15.90% for first time since August

Profiles ›

Meet 7 owners of largest private hospitals in Lagos

Nollywood: Meet 7 producers making box office history in 2026

Meet 10 CEOs behind major companies that have exited Nigeria since 2022

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

Currencies ›

Naira steadies at N1,333/$ as dollar demand remains elevated

CBN forex spot sales hit $1.64 billion in H1 2026

Deutsche Bank adds Nigeria to Frontier FX Watchlist, bets on naira gains

Naira projected to hold at N1,290–N1,370/$ this month

Nigeria’s dollar trading slumps 22% to $2.62 billion as Forward deals plunge

Exclusives ›

PoS agents face uncertain future as Nigerians embrace mobile transfers

Petrol price war makes Nigerian motorists abandon brand loyalty, marketers say

Berger Paints has surged over 200%: Is the stock now too expensive?

Why Aradel may still have room after doubling investors’ money in 2026

From Uber to Moove: Why Nigeria’s ride hailing business is becoming harder to sustain

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 ›

NCC to expand phone number verification across sectors to curb fraud

Qualcomm set to cut jobs globally, notifications to begin in November

NITDA partners NACCIMA to unlock private investment, corporate deals for Nigerian startups

Onafriq winds down Baxi agent banking business in Nigeria

NCC says device checker cannot access Nigerians’ private data

Real Estate and Construction ›

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

Clannit to introduce annual estate subscriptions from January 2027

FG proposes N85 million mortgage ceiling, targets 5,000 mortgages by 2028

Lagos announces Independence Bridge traffic diversion for repairs from October 16

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

Aviation ›

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

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

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 ›

Nigeria confirms imported Ebola case in FCT, begins contact tracing

Kenya confirms four new Ebola cases, bringing total to seven

Meet 7 owners of largest private hospitals in Lagos

MeCure Industries targets N14 billion in Series 8 commercial paper issuance

Africa CDC raises alarm over $700 million in unaccounted Ebola funds

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 ›

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

Elon Musk pledges $10.5 billion in SpaceX shares to American children in 2027

Billionaire Larry Ellison loses $194 billion in one year as oracle stocks fall

South Africa billionaire Johann Rupert’s Richemont to join $1 billion bid for De Beers

Egyptian billionaire Ahmed Elsewedy’s company secures $2.2 billion power contract in Saudi Arabia

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 ›

UK says stronger capital markets could unlock investment, jobs in Nigeria

World Bank sets conditions as Nigeria signs $500 million development loan agreement

Taiwo Oyedele pushes for NNPCL, NLNG listing to boost transparency, wealth creation

Kano cuts 2026 budget by N276 billion, cites FAAC revenue shortfall

Tinubu receives proposed $14 billion UN budget in historic first for Nigeria

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 ›

Lead the Future Conference 2026 to Convene Visionary Founders, Executives and Institutional Leaders in Lagos

Q3 2026: Transcorp Hotels PLC widens margins, grows profit before tax to ₦22.5 billion

i-invest Wins 2026 BAFI Award for Expanding Access to Nigeria’s Capital Markets

Albert & Wand trains frontline staff from different organisations on customer service excellence

Think You Are Investing Right? Watch Out for These 5 Mistakes – First Asset Management

Consumer Goods ›

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

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