The planned listing of the Dangote Petroleum Refinery on the Nigerian Exchange (NGX) holds significance for the Nigerian capital market. Projected to be among the […]
Category: Economy
Naira gains N13 as weekly FX turnover falls by $1.05 billion
The naira strengthened to N1,322.50/$ at the Nigerian Foreign Exchange Market (NFEM) on Friday, extending its recent appreciation against the US dollar despite a significant […]
Five mistakes investors should avoid when investing in Nigeria
Nigeria remains one of Africa’s biggest investment opportunities, but investing in the country successfully requires more than simply bringing capital into the market. For foreign […]
Top 10 airlines in Africa by seat capacity in September 2026
Airlines serving African markets scheduled 25.8 million seats in September 2026, up 9.4% from a year earlier, according to aviation data provider OAG. The figure […]
Nigerian Breweries surges 9.93%, lifting equities to N405.67 billion gains despite negative breadth
Nigerian Breweries delivered the standout move of Friday, September 4, 2026’s trading session, surging 9.93% to close at N82.45 from N75.00, single-handedly anchoring the Nigerian […]
PZ posts N45 billion profit in 2026. Test comes in 2027 without asset sales
PZ Cussons Nigeria has released its audited full-year 2026 financial results for the year ended May 31, 2026, and the numbers look like the kind […]
Nigerian churches drive rising cross-border payments across Africa, PAPSS says
Nigeria’s churches are playing an increasingly significant role in driving cross-border transactions across Africa, according to the Chief Executive Officer of the Pan-African Payment and […]
NGX ETFs retreat in August as SIAML Pension ETF 40 leads losses with 43.86% decline
The SIAML Pension ETF 40 recorded the steepest decline among Exchange Traded Funds listed on the Nigerian Exchange in August 2026, falling 43.86% to lead […]
Lagos land scarcity is pushing homes into the sky, Elara CEO
As Lagos continues to grow and available land becomes increasingly constrained, the way homes are developed across the city is also beginning to change. In […]
Court extends restraining order against NAICOM, receiver in Universal Insurance case
A Federal High Court in Lagos has extended the restraining order previously granted against the National Insurance Commission (NAICOM) and the receiver appointed over Universal […]