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Dangote nears $2.5bn raise ahead of record African IPO
A pre-IPO share sale for Dangote’s mega-refinery pulled in far more than expected, and the real test is still to come.
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A pre-IPO share sale for Dangote’s mega-refinery pulled in far more than expected, and the real test is still to come.

GTBank Quick Credit gives salary earners collateral-free loans of up to ₦5 million at 2.95% monthly interest, but the total repayment cost depends on your tenure.

The CBN has rolled out a digital surveillance system that tracks every dollar BDC operators purchase, and any unsold foreign exchange must go back to the market within a day.

President Bola Ahmed Tinubu commits $3.05 billion in World Bank-backed funding to five social programs, but with 140 million Nigerians below the poverty line, the gap between reform and relief remains wide.

Transcorp Hotels shares opened at their highest price in a year on July 16, 2026, then dropped roughly 10% by the close as profit-taking swept across NGX heavyweight stocks.

Nigeria kept its VAT rate at 7.5% this year, but almost every rule around registration, credits, invoicing, and penalties now looks different.

Nestle Nigeria lost 10% of its share value on just one unit traded, raising fresh questions about blue-chip liquidity on the exchange.

Airtel Africa closed at a record N6,266 on July 15, but the price moved on just one trade while the broader NGX slipped into the red.

NGX power stocks lost ₦390 billion in a single session after both listed generators crashed to the 10% circuit breaker floor, shaking the sector’s dividend narrative.
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