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Naira firms at ₦1,369 as forex market shifts
The naira’s latest gain against the dollar looks modest, but a 63% surge in interbank turnover and record reserves point to something bigger.
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The naira’s latest gain against the dollar looks modest, but a 63% surge in interbank turnover and record reserves point to something bigger.

The brewer’s shares tumbled alongside BUA Foods, Nestle, and Unilever as a broad selloff hit the NGX consumer goods sector on June 22, 2026.

Nigeria’s digital lending market has exploded past $2 billion, but hundreds of unlicensed apps still prey on borrowers. Here is everything you need to know about who is approved, who regulates the space, and how to protect yourself.

Nigeria’s most valuable banking stock has gone flat after its record April rally, and the gap between price and fundamentals raises questions about what comes next.

The parent company of First Bank of Nigeria dropped by a fifth in five trading sessions as the broader Nigerian market shed ₦5.64 trillion in investor wealth.

Banking stocks bore the brunt of a five-day rout that wiped trillions from the NGX, with tier-one names like GTCO and First HoldCo leading the losses.

Lending rates at six major lenders range from 16% to 46%, and the gap reveals a deeper story about Nigeria’s credit market.

Nigeria’s second largest cement maker closed at its daily price floor, and it was not the only building stock that buckled on June 18.

A senior Dangote group staffer disposed of 173,400 Nascon shares in a single transaction, raising fresh questions about insider sentiment at one of Nigeria’s strongest consumer goods performers.
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