Nigeria ended May 2026 with $49.58 billion in external reserves, a figure that seemed improbable when the country’s foreign exchange cushion sat at roughly $32 billion in mid-April 2024.
Seplat Energy closed at ₦10,355 on June 2, 2026, tumbling from an opening price of ₦11,486.20 on the Nigerian Exchange premium board.
The 7(a) loan gets the headlines and the consultant pitches, but a smaller SBA program quietly funds tens of thousands of the borrowers traditional banks turn down.
A single customs command at one Lagos seaport just pulled in more revenue in three months than many federal agencies collect in a full year.
If you hold money in a Nigerian bank or follow African markets, a significant shift just landed on global investors’ radar.
Aliko Dangote spent over a decade building the largest single-train oil refinery on Earth, and it has not gone public yet.
For eleven straight months, Nigeria’s inflation rate had been falling, rewarding one of the most aggressive monetary tightening campaigns on the continent.
For eleven straight months, Nigeria’s inflation moved in the direction borrowers and business owners wanted: downward.
If you have been watching the Nigerian Exchange in 2026, you have probably noticed something the consensus models did not see coming this fast.
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