The Debt Management Office (DMO) plans to offer N5.75 trillion in Federal Government of Nigeria (FGN) bonds in the fourth quarter of 2026, according to […]
Category: Economy
Court strikes out charges against alleged fake DG over prosecution loopholes
The Federal High Court in Abuja has struck out the eight-count criminal charges against Adeniyi Adeyemi, the alleged fake Director-General of the Presidential Foreign Intervention […]
FMDA projects N2.499 trillion money-market inflows as system liquidity falls 23.7%
Nigeria’s money market is expected to receive approximately N2.499 trillion in inflows during the week beginning October 12, 2026, with maturing Open Market Operations (OMO) […]
TikTok distances itself from Northern Nigeria blackout; cause remains unclear
TikTok has denied implementing restrictions on access to its platform in parts of Northern Nigeria, saying it is engaging relevant stakeholders to resolve the disruption […]
Nigerian stocks shed N407 billion, banking sell-off drags market lower
The Nigerian stock market began the week on Monday, October 12, 2026, in red as total equities market capitalisation contracted from N161.26 trillion recorded on […]
Daraju CP offers 23% return: Is the extra income worth the risk?
Daraju Industries Limited has opened an offer of up to N10 billion Series 4 Commercial Paper under its N50 billion Commercial Paper Programme. The Lagos-based […]
OPEC slashes 2026 oil demand forecast by over 70% to 400,000 bpd
The Organisation of the Petroleum Exporting Countries (OPEC) has reduced its global oil demand growth forecast for 2026 by more than 70%, from 1.4 million […]
Nigerian startups raise $11.3 million in September 2026, down 97% from August
Nigeria’s startup ecosystem recorded a sharp moderation in funding in September 2026, with nine startups attracting a combined $11.3 million, compared with $364.1 million raised […]
Dangote Refinery extends IPO subscription deadline to October 27
Dangote Petroleum Refinery and Petrochemicals FZE has extended the subscription period for its initial public offering (IPO) by two weeks to October 27, 2026, following […]
Sanwo-Olu Targets 3,000MW Electricity Supply for Lagos by March 2027
The Lagos State Government has announced plans to increase electricity supply to above 3,000 megawatts (MW) from the current level of below 1,000MW by March […]