The Nigerian Exchange (NGX) rebounded from consecutive sessions of decline on Friday, October 9, 2026, as market capitalisation gained N208.46 billion. Equity market capitalisation rose […]
Category: Economy
Meet Ladi Delano and Jide Odunsi, Nigerian founders of Moove exiting home market
Ladi Delano and Jide Odunsi, the British-born Nigerian entrepreneurs behind global mobility fintech Moove, are preparing to close the company’s Nigerian operations six years after […]
Sterling Financial Holdings relists on NGX at N77.00 after 1-for-10 reconstruction
Sterling Financial Holdings Company Plc has completed its 1-for-10 share reconstruction and resumed trading on the Nigerian Exchange at a reference price of N77.00, up […]
Enugu secures $200 million investment for 100MW solar power project
Enugu State has secured a $200 million investment to develop a 100-megawatt (MW) solar power project aimed at improving electricity supply to homes and businesses […]
Dangote Group projects naira at N1,330/$ by year-end, N1,385/$ average for 2026
The naira is projected to trade at around N1,330 per dollar in the fourth quarter of 2026, with a full-year average of about N1,385/$, as […]
Insurance firms roll out new products as recapitalisation fuels competition
Nigeria’s insurance companies are ramping up product innovation and retail-focused offerings following the completion of the industry’s recapitalisation exercise, as operators seek to deploy fresh […]
Why fintechs are not allowed to trade forex, FMDQ CEO explains
Managing Director and Chief Executive Officer of FMDQ Group, Zeal Akaraiwe has explained why financial technology companies (fintechs) cannot directly trade in Nigeria’s foreign exchange […]
FG petrol discount not funded by budget, absorbed by NNPC Retail margin
The Federal Government has said the petrol discount at NNPC Retail Limited stations is funded entirely by the retailer’s margins, not the federal budget or […]
Best performing equity mutual funds in Nigeria as of September 2026
Nigeria’s equity mutual fund segment recovered to a net asset value of N243.84 billion as of September 25, 2026, up 5.78% from N230.50 billion recorded […]
Google Opens AI content detection tool to users worldwide
Google has expanded access to its SynthID Detector, allowing people worldwide to check images, videos and audio files for signs that they were generated using […]