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Page 14 of 32

Caricature photo of Dr. Bosun Tijani, Minister of Communications, Innovation and Digital Economy speaking
News

Tijani reveals $750M plan to reshape Nigeria’s cloud

Tijani’s new cloud policy puts the federal government’s buying power on the table to attract private investors to build local digital infrastructure.

Tobi Opeyemi AmureAug 19, 2026
Standard Bank building
News

Standard Bank chases OPay stake before $4B US IPO

Africa’s largest lender is in discussions to buy into OPay before the Nigerian fintech lists its shares in New York later this year.

Damilola EsebameAug 19, 2026
Caricature image of World Bank building
News

World Bank reveals Africa’s trade problem starts at home

A new World Bank report finds that 60% of Africa’s trade costs originate inside countries, not at borders, raising hard questions about where integration efforts should focus.

Hillary RemyAug 19, 2026
FirstHoldCo building
News

First HoldCo slips to ₦130 as big banks trade sideways

First HoldCo shares dropped to their lowest level in two weeks while GTCO, Zenith, and UBA barely moved, as the NGX shed ₦544 billion in a single session.

Damilola EsebameAug 19, 2026
Airtel Africa building
News

Airtel Africa adds $15m more firepower to share buyback

Airtel Africa expanded its Barclays buyback agreement just three months into a program that has already consumed over 18 million shares, and the company is not slowing down.

Damilola EsebameAug 18, 2026
Skyway Aviation building
News

Skyway Aviation hits a 52-week peak then drops 10%

Skyway Aviation opened at its highest price in a year before a broad NGX selloff dragged it to the daily loss limit, raising fresh questions about the stock’s valuation.

Peace LongeAug 18, 2026
News

Otedola deepens First HoldCo grip with 147m shares

Otedola’s Calvados Global Services just dropped another ₦20.68 billion on First HoldCo stock, pushing his ownership past 26% as the billionaire chairman inches closer to a regulatory tripwire.

Damilola EsebameAug 18, 2026
Ecobank building
News

Ecobank scraps non-exec tenure cap in board reboot

Ecobank shareholders approved a governance overhaul on August 13, 2026, reshaping board size, quorum thresholds, and director tenure rules across the pan-African lender.

Hillary RemyAug 18, 2026
Caricature image of Geregu Power building
News

Geregu Power taps three-decade veteran as acting CEO

Geregu Power names a new acting chief executive just days after a bond default and collapsing revenue rattled investors on the Nigerian Exchange.

Tobi Opeyemi AmureAug 17, 2026
Tinubu & Refinery
News

Tinubu sets new bar for what a working refinery means

Nigeria’s president draws a sharp line between refinery activity and refinery profitability as billions in rehabilitation spending face fresh scrutiny.

Hillary RemyAug 17, 2026
NGX building
News

NGX volume surges 127%, but the market still fell

NGX trading activity more than doubled in a single week as investors swapped 12.15 billion shares, yet the All-Share Index still closed lower.

Peace LongeAug 17, 2026
Caricature image of NGX building
News

NGX rewrites the rules for Nigeria’s priciest stocks

NGX’s revised pricing framework could reshape how much capital it takes to move premium stock prices on the Nigerian exchange.

Damilola EsebameAug 17, 2026

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