Personal Finance
Nigerian banks split sharply on loan pricing in June
Lending rates at six major lenders range from 16% to 46%, and the gap reveals a deeper story about Nigeria’s credit market.
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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.

Nigeria’s largest brewer traded 80,000 shares on June 18, a thin volume for a stock that averages millions per session, yet the price barely budged while the broader market shed ₦2.18 trillion in value.

Ripple’s equity investment positions Nigeria’s largest fintech at the center of a stablecoin-powered cross-border payment corridor across Africa.

The SpaceX-Cursor merger raises hard questions about AI tool access for the hundreds of Nigerian developers who built workflows around the code editor.

The telecom giant’s finance chief purchased 1.3 million shares across 13 separate tranches in two trading days, a regulatory filing with the Nigerian Exchange Limited shows.

Africa’s biggest planned listing is moving closer, and Nigerian investors have a narrow window to get every account, document, and decision in place.

You do not often see a fund lose 10% and still carry a 905% year-to-date gain, but that is where the Stanbic IBTC ETF 30 landed on June 17, 2026.
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