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Nigeria’s Stock Market Records N1.81 Trillion Gain in July.

Equities Market Hits Fresh All-Time High as Bulls Maintain Dominance

DMO Announces Subscription Offering for Federal Government Savings Bonds.

FG Announces N600 Billion Bond Auction for May 2026

Nigerian Stock Market Witnesses N35 Billion Dip in Market Cap as Key Stocks Decline

Equities Market Surges Past 250,000 Points, Investors Pocket N3.17 Trillion

Top Story: Tinubu Present N27.5 Trillion As 2024 Budget

Nigeria in Advanced Talks with World Bank for $1.25bn Loan to Boost Investment and Jobs

Economy

CBN’s Recapitalization Budget of $1 Trillion Sparks Debate Among Industry Stakeholders

CBN Cautions Non-Interest Banks Against Governance and Compliance Weaknesses

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Naira Strengthens Sharply, Breaches N1,400 Mark as Forex Inflows Surge

Leading Banks Struggle with Capital Deficits: Zenith Bank and Others Strive to Meet CBN Standards

Bad Loans Hits N2.36 Trillion in Nigeria’s Banking Sector

CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.

Nigeria’s External Reserves Drop by $855 Million in Five Weeks

Market

Dangote Cement to pay N340 dividend to shareholders.

Cement Price Surges to N12,000 per Bag, Raising Fears of Deeper Housing Crisis

Naira appreciated to N738/$ in the Parallel Market

Nigeria’s FX Market Turnover Hits $10 Billion in April as Naira Strengthens

Dangote Cement Eyes London Stock Exchange Listing Before End of 2026

South Africa Poised to Surpass Nigeria as Africa’s Largest Economy

Nigeria’s Fixed Income Market Set for Massive N10.53 Trillion Liquidity Inflow in May

Latest story

Dangote Cement Successfully Completes First Tranche of Share Buyback Program.

Dangote Rejects NNPC Bid to Increase Stake in Refinery, Eyes Public Listing

by Victoria Attah

Aliko Dangote, President of the Dangote Group, has turned down a request by the Nigerian National Petroleum Company Limited (NNPC)...

BREAKING: MTN Nigeria gets NCC approval to lease spectrum from NTEL.

MTN Nigeria to Automatically Compensate Customers for Service Disruptions

by Victoria Attah

MTN Nigeria has pledged to compensate millions of subscribers affected by network outages between November 2025 and January 2026, following...

Battered Commodity Currencies Gain Attention Amid Dollar’s Decline.

Naira Strengthens Further Against US Dollar, Approaches N1,350 Level

by Jide Omodele

The Nigerian naira continued its recent recovery against the US dollar in the official foreign exchange market on Wednesday, driven...

Leading Banks Struggle with Capital Deficits: Zenith Bank and Others Strive to Meet CBN Standards

Banks Post Record N26.3 Trillion Revenue in 2025, But Profits Decline on Loan Provisions

by Jide Omodele

Nigeria’s top commercial banks achieved strong top-line growth in 2025, driven by elevated interest rates, but after-tax profits came under...

Nigeria’s Stock Market Records N1.81 Trillion Gain in July.

NGX Market Capitalisation Drops N1.35 Trillion as Profit-Taking Triggers 0.86% Decline

by Jide Omodele

The Nigerian Exchange (NGX) came under significant selling pressure on Tuesday, May 6, 2026, as investors booked profits on major...

Popular posts

Politics

Debunking the Fuel Scarcity Myth and Its Impact on Financial Wellness

Nigeria’s Average Petrol Price Rises to N1,288.54 in March 2026, Anambra Pays Highest

FG Allocates N5.1 Billion for Presidential Yacht and N5.5 Billion For Student Loans

Subnational External Debt Surges as 32 States, FCT Borrow Nearly $1 Billion in 2025

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Naira Posts First April Appreciation as it hits ₦1,374/$ Since NAFEX Era

UBA annual profit hits N170 billion in 2022.

UBA Moves to Safeguard Reputation as Three Face Arrest Over False Claims Against Tony Elumelu

Wealth

CBN Plans N700 Billion Treasury Bills Auction on May 7

IMF Cautions Central African Republic against Adopting Bitcoin

Bitcoin Tests $80,000 Resistance as It Remains Range-Bound Ahead of FOMC Decision

Naira appreciated to N738/$ in the Parallel Market

Naira Weakness Pushes Foreign Currency Taxes to N6.33 Trillion in 2025

CBN to Release Full List of Licensed Bureau De Change Operators

CBN Maintains Restrictions on BDC Access to Official Forex Market Over Compliance Concerns

Business

Naira depreciates to N755/$ in the parallel market.

Naira Drops to Three-Week Low at ₦1,361.5 per Dollar Amid Persistent FX Pressure

CBN Supplies $29.5 Million at FX Auction as Naira Depreciates at I&E Window.

Nigeria’s External Reserves Drop by $731 Million in Early April

The Double-Edged Sword of VAT in Nigeria: Exploitation or Economic Lifeline?

FG Releases Revised Import Prohibition List, Bans Paracetamol, Tomato Paste and others.

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Naira Slips to Fresh Low of ₦1,364.24/$ at Official Window

Technology

DMO Announces Subscription Offering for Federal Government Savings Bonds.

Nigeria’s Bond Yields Rise Slightly as DMO Prepares N700 Billion Auction

Naira Strengthens as Anticipation Mounts for $10 Billion Forex Inflows

Naira Depreciates Further Against US Dollar at Official Market

Federal Government to Generate N12bn Annually from new vehicle tax.

Nigeria Revenue Service Denies Introduction of New Vehicle Tax

Dangote Refinery Obtains License to Process 300,000 Barrels of Crude Daily

Dangote Refinery Expansion to 1.4 Million Barrels Per Day Expected to Create 95,000 Jobs

Currency

Airlines Implement Time-Saving Strategies for More Efficient Operations

Aviation Taxes and Fees Consume 35% of Airline Revenues in Nigeria, CPPE Warns

Dollar Index Loses Steam as Treasury Yields Drift Back to 4.8%

Naira Softens at N1,351 Against Dollar as Parallel Market Premium Widens

Airlines Implement Time-Saving Strategies for More Efficient Operations

Airlines: “We Are Bleeding”, FG Offers Debt Relief as Airlines Battle 300% Jet Fuel Price Surge

UK construction output falls for first time in five months.

UK Inflation Rises to 3.3% in March as Middle East Conflict Drives Fuel Price Surge

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