News
Nigeria’s 68% stock surge dethrones South Korea
The NGX benchmark overtook South Korea’s Kospi after an AI selloff cratered the index and the naira strengthened against the dollar in 2026.
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Airtel Africa smashes past ₦6,000 to new 52-week high
Airtel Africa hit a new 52-week high at ₦6,009, but the forces behind the rally go deeper than one session.
Peace LongeJul 10, 20261 min read
111 articles in News
News
S&P DJI places Nigeria on its critical 2027 watchlist
S&P DJI credited Nigeria’s regulatory overhaul but attached strict conditions that will determine whether the country reclaims frontier market status in 2027.
News
SEC puts capital market operators on a 48-hour clock
The SEC has ordered brokers, fund managers, and registrars to file Q2 2026 ownership and capital flows data by July 10, giving operators barely two days to comply.
News
Dangote sends NNPC a signal it can’t afford to ignore
Dangote’s Lekki expansion blueprint and record European jet fuel exports are redrawing the competitive map for Nigeria’s state oil company.
News
Airtel Africa sits at 52-week high as NGX peers tumble
Airtel Africa’s market value topped ₦21 trillion after the telecom giant hit the NGX’s 10% daily price ceiling, but the rally left several blue chips behind.
News
BUA Foods drops to ₦845 as food giants hit the floor
BUA Foods led a broad consumer goods selloff on the Nigerian Exchange as food stocks shed up to 10% in a single session on July 7, 2026.
News
NCR Nigeria crashes 10% after rally from penny stock lows
NCR Nigeria’s nearly 8,000% rally from its all-time low hit a sharp reversal, and the volume behind the crash raises uncomfortable questions.
News
CBN warns against rejecting standard ₦100 banknote
The CBN threatened enforcement after reports of businesses and traders turning away one version of the ₦100 note across Nigeria.
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Airtel Africa snaps up 1.7m of its own shares in a week
Airtel Africa’s buyback program has now crossed 11 million shares since late May, with every repurchased share headed straight for cancellation.
News
Tony Elumelu’s 12-year reign at UBA reaches its end
Tony Elumelu’s exit from Africa’s global bank opens a new chapter, but his next move was already locked in.
News
Oil and gas stocks skid 4.3% despite 82% yearly surge
The NGX Oil and Gas Index posted its steepest weekly decline of the year, even as investors who bought in January still hold massive gains.