3 hours ago

NFEM turnover crashes to $185 million, hits 11-week low as FX market activity thins

CBN injects N5.21 trillion in one week ahead of N700 billion NTB auction today

August 12, 2026

NGX loses N1.17 trillion as MTN Nigeria, First HoldCo lead profit-taking

August 11, 2026

Equities ›

NGX loses N1.17 trillion as MTN Nigeria, First HoldCo lead profit-taking

Five investors corner 65% of IEI’s N25.84 billion public offer

Airtel Africa surge lifts Nigerian market past N160 trillion mark

Exclusives ›

Nigeria’s biggest cyber risk may be its small businesses—FoubsLabs Founder

Experts reveal how EU CBI crackdown could reshape wealthy Nigerians’ migration plans

Beyond the chargers: Inside Nigeria’s emerging EV infrastructure race

Economy ›

South Africa’s unemployment hits 8.5 million as foreign businesses face rising tensions

Nigeria Customs generates N4.03 trillion in H1 2026

AfDB: Nigeria, Ghana spend more on external debt interest payment than public health

Energy ›

Nigeria’s crude oil output holds above 1.5mbpd for third month despite July drop

PENGASSAN pushes to open Africa’s fuel market to Dangote products

FG considers new crude rules as refiners battle high feedstock costs

Corporate Updates

COMPANIES

As Nigeria’s Crypto economy grows, Ridima is making Crypto-to-Naira conversion faster and simpler

August 12, 2026

COMPANIES

Beyond the Building: why location matters in corporate Real Estate

August 12, 2026

COMPANIES

Background on the KudiWave matter

August 12, 2026

COMPANIES

Dangote Refinery: Domestic Crude Must Be Available and Commercially Viable

August 12, 2026

Currencies ›

NFEM turnover crashes to $185 million, hits 11-week low as FX market activity thins

Pound stays below N1,850 as traders brace for US inflation data

Best performing African currencies in July 2026

Nigeria’s FX market turnover surges 117% to $3.73 billion

Naira keeps Euro below N1,580 as CBN reforms steady forex market

Profiles ›

Meet the Managing Partners behind Nigeria’s 10 biggest audit firms

Meet the 12 CEOs running Nigeria’s Electricity Distribution Companies in 2026

Meet Wasiu Olanrewaju-Smart, the 40-year-old Harvard graduate appointed Tinubu’s legislative adviser

Yinka Ogunbiyi: Meet 27 year old Nigerian-American engineer behind the world’s first braid-assist robot

Saadia Zahidi: Meet Harvard Kennedy alumni named IATA’s first female Director General

Fixed Income ›

CBN injects N5.21 trillion in one week ahead of N700 billion NTB auction today

CBN returns to Primary Market with N700 billion NTB auction on August 12

Nigerian companies rake in N179.5 billion from T-bills, bank placements in H1 2026

Investors worry as Geregu Power defaults on bond payments

CBN, DMO cancel August 5 Treasury Bills auction after N4.69 trillion OMO auctions

Agriculture ›

Nigerian onion traders suspend exports to Ghana as trade dispute deepens

Cheap imports are undercutting the oil palm business for Okomu Oil and Presco

SAPZ: FG targets $4.4 billion investment with 30.85% rate of return

FEWS NET: 16.99 million Nigerians may face acute hunger by January 2027

Six governors study Ethiopia, Benin models to accelerate Nigeria’s agro-processing hubs

Financial Services ›

Big 6 audit firms earn N175 billion, PwC leads clients, KPMG revenue

NICON, Nigeria Re fighting a lost battle against NAICOM, source says

Finance Ministry orders review of NAICOM’s N680 million recapitalisation fees on two insurers

Meet the Managing Partners behind Nigeria’s 10 biggest audit firms

FMBN offers Nigerians abroad up to N100 million mortgage at 9% interest

Tech News ›

Jumia raises $50 million led by IFC, Q2 revenue rises 14%

Nigeria’s biggest cyber risk may be its small businesses—FoubsLabs Founder

NDPC probes UNILAG, Lotus Bank over alleged unauthorised student bank accounts

NITDA signs MoUs with Fireflies AI, Goose FL to expand Nigeria’s digital footprint

Top 10 African startup cities in 2026, Lagos leads as Cape Town surges

Real Estate and Construction ›

FG targets November for completion of remaining 164km Abuja-Kaduna-Kano highway

Sanwo-Olu confirms Lagos-Badagry bridge fittings stolen by vandals

Renting a 2-bedroom on Lagos Island now costs up to N17.25 million

EXCLUSIVE: Chinese, Japanese housing deals may shut Nigerian developers out

Lagos short-let profits under pressure as competition intensifies

Aviation ›

NCAA plans RFID baggage tracking across Nigerian airports

MMA1 arrival section reopens as stranded Air Peace passengers enter terminal

NCAA moves to halt flight disruptions as aviation union strike over TSC

Europe accounts for over 50% of Africa’s international airline seats in August

Court slams Dana Airline N5.5 million penalty for delaying lawyer’s flight in 2018

Podcast

Nigeria’s brewers spend N220 billion fighting for consumers in H1 2026

Nigeria’s three listed breweries spent more than N220 billion on advertising and distribution in the first half of 2026,...

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Strait of Hormuz ambiguity triggered collapse of US-Iran truce – Analysts

Uncertainty over control of the Strait of Hormuz was a major factor behind the breakdown of the fragile truce between th...

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Nigeria’s pension industry consolidates as N31 trillion asset base fuels mergers

Nigeria’s pension industry is undergoing a major transformation as mergers and acquisitions reshape the competitive land...

View Podcast

Health ›

H1 2026: Fidson sales are booming, but customers now owe N26 billion

NAFDAC, OAU join £3.7 million Oxford-led project to detect fake vaccines

Gavi commits $500 million to vaccinate Nigeria’s next generation

Ebola vaccine production gets $8.5 million boost as outbreak turns second-deadliest ever

MeCure picks Anderline Dukor as sole CEO ahead of N50 billion expansion

Hospitality & Travel ›

NIS deploys passport intervention team to UK to clear application backlog

Europe is coming for the passports Nigerians spend millions to get

Why investors still hesitate to back Nigeria’s tourism industry—Tour Buddy Founder

U.S. visa bond: Nigeria among countries under permanent $20,000 rule

Top 10 most expensive hotels in Africa 2026

Billionaire Watch ›

Otedola invests fresh N18.1 billion in First HoldCo, raises stake to 26.1%

EXCLUSIVE: Otedola targets over 51% stake in First HoldCo

Otedola grants first-ever interview since becoming First HoldCo Chairman

Otedola spends another N222.2 billion on First HoldCo shares, raises stake to 25.87%

Dangote’s heirs back plan to give one-third of his $35.1 billion wealth to charity

Entertainment ›

Spider-Man: Brand New Day sets N120.4 million preview record in Nigeria

Meet the producers behind Afrobeats’ biggest YouTube hits in 2026

Michael Jackson biopic crosses N800 million at Nigerian box office

The 10 most-streamed Nigerian songs on YouTube Music (H1 2026)

Hollywood’s ‘Supergirl’ grosses N66.9 million, tops Nigeria’s weekly box office

Economy ›

South Africa’s unemployment hits 8.5 million as foreign businesses face rising tensions

Nigeria Customs generates N4.03 trillion in H1 2026

AfDB: Nigeria, Ghana spend more on external debt interest payment than public health

Three states account for 43% of Nigeria’s N4.52 trillion states’ debt – DMO

NRS Chairman, Zacch Adedeji, lists four economic distortions inherited by Tinubu

Corporate deals ›

IHS shareholders approve MTN takeover, company awaits regulatory approvals

S&P Global to acquire majority stake in Agusto & Co. in Africa expansion

MOPO signs $75 million REA deal to expand battery rental across Nigeria

Premium Pension, Trustfund Pensions propose merger to create Nigeria’s third largest PFA

Mergers, acquisitions and takeovers: Nigeria’s biggest corporate deals in H1 2026

Companies ›

As Nigeria’s Crypto economy grows, Ridima is making Crypto-to-Naira conversion faster and simpler

Big 6 audit firms earn N175 billion, PwC leads clients, KPMG revenue

Beyond the Building: why location matters in corporate Real Estate

Background on the KudiWave matter

Dangote Refinery: Domestic Crude Must Be Available and Commercially Viable

Consumer Goods ›

Consumer goods giants spend N75 of every N100 earned as costs bite

PZ Cussons Nigeria CEO Dimitrios Kostianis steps down after three years

Unilever leads as Nestlé and Cadbury face margin pressure in Q1 2026

Guinness Nigeria targets sustained profit recovery, growth momentum – CEO

10 most Indebted FMCG companies by total borrowings in 2025

Financial Literacy

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

FINANCIAL LITERACY

Where to invest in June 2026: Stocks and assets analysts are watching

May 31, 2026

ECONOMY

Tax strategies for Nigerian diaspora investors in 2026

May 30, 2026

NFEM turnover crashes to $185 million, hits 11-week low as FX market activity thins

CBN injects N5.21 trillion in one week ahead of N700 billion NTB auction today

NGX loses N1.17 trillion as MTN Nigeria, First HoldCo lead profit-taking

Insights

Wema Bank Mobile

Corporate Updates

Podcast

Financial Literacy