Nigeria’s capital market is undergoing a structural shift as rising domestic participation, digital distribution and large-scale capital raising deepen the market’s role in financing businesses […]
Category: Economy
FG opens 2026 oil licensing round, offers 40 blocks to investors
The Federal Government has opened the 2026 oil and gas licensing round, offering 40 blocks across land, shallow water and deepwater terrains to local and […]
Global oil supply buffer shrinks after over 1 billion barrels withdrawn
The global oil market’s supply buffer has shrunk significantly after more than 1 billion barrels were withdrawn from commercial inventories to cushion disruptions caused by […]
Nigeria’s pension assets grow by N10.7 trillion in two years — PenCom
Nigeria’s pension fund assets have increased by N10.7 trillion over the past two years, rising from N20.79 trillion in July 2024 to N31.48 trillion in […]
Investors lose N110.16 billion as NGX market cap drops to N162.39 trillion
Equity investors on the Nigerian Exchange Limited (NGX) lost N110.16 billion in single day, on Wednesday, October 7, 2026, as market capitalisation dropped to N162.39 […]
Cash flow, not collateral, should drive lending to Nigerian businesses, says Moniepoint CEO
Moniepoint says Nigerian lenders should assess businesses based on how they earn and move money rather than the collateral they can pledge, as formal credit […]
GTCO, Stanbic IBTC and PZ reveal dates for dividends qualifications
Three companies listed on the Nigerian Exchange (NGX) will pay dividends ranging from N1 to N4.50 per share in the fourth quarter of 2026, with […]
Anthropic CEO Amodei earned $18 million in 2025 but trails other top tech CEOs
Dario Amodei, CEO of artificial intelligence company Anthropic, earned $18 million in total compensation in 2025, but his pay remained below that of some of […]
DMO raises N968.47 billion as 364-day stop rate falls to 15.85% despite strong demand
The Debt Management Office (DMO) allotted N968.47 billion in Nigerian Treasury Bills (NTBs) on Wednesday, exceeding its N900 billion offer as strong investor demand accompanied […]
Why property sales surge in Nigeria during Q4 — Real estate experts
Property sales across major urban centers in Nigeria consistently experience a sharp surge in the fourth quarter (Q4), driven by a convergence of year-end savings […]