News
Elon Musk’s $60B Cursor deal puts Nigerian devs on notice
The SpaceX-Cursor merger raises hard questions about AI tool access for the hundreds of Nigerian developers who built workflows around the code editor.
Tobi Opeyemi AmureJun 19, 2026
Finance Category
News
Page 27 of 32
News
MTN Nigeria CFO goes on a ₦1.03bn share buying spree
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.
Damilola EsebameJun 19, 2026
News
Stanbic IBTC ETF tumbles 10% despite 905% yearly gain
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.
Hillary RemyJun 18, 2026
News
Transcorp Hotels soars past its 52-week high on NGX
Something shifted for Transcorp Hotels on the Nigerian Exchange this week, and the numbers suggest the move was anything but subtle.
Peace LongeJun 18, 2026
News
MTN Nigeria CFO pours ₦218m into company shares
The person responsible for MTN Nigeria’s financial strategy just put ₦218 million of personal capital behind the company’s stock price trajectory.
Damilola EsebameJun 18, 2026
News
Vitafoam tumbles 8% as consumer goods stocks slide
Vitafoam Nigeria opened June 15 at its 52-week high of ₦210 per share, a level first reached on June 10 after an 8.25% single-day rally on the Nigerian Exchange.
Damilola EsebameJun 17, 2026
News
Ecobank trades ex-dividend as NGX stocks face rout
Ecobank Transnational Incorporated opened the trading week carrying an “X” marker on the Nigerian Exchange, confirming it was trading without its dividend for the first time since 2022.
Peace LongeJun 17, 2026
News
Nigeria’s prices climb again as inflation hits 15.93%
Grocery bills and fuel costs kept climbing for Nigerian households during May as the country’s annual inflation rate rose for a third consecutive month.
Hillary RemyJun 17, 2026
News
Julius Berger sheds 10% on thin volume across NGX
A 10% single-session decline in one of Nigeria’s most recognizable infrastructure stocks would normally trigger urgent conversations across the trading floor.
Damilola EsebameJun 17, 2026
News
FAAC allocation surges 10% despite oil tax slump
The Federation Account Allocation Committee distributed ₦2.257 trillion for April, a jump of roughly ₦217 billion from the previous month.
Peace LongeJun 15, 2026
News
CBN proposes sweeping ring-fencing plan for banks
If you bank with any of Nigeria’s major financial institutions, the company behind your account likely owns a fintech, an insurance arm, or a microfinance subsidiary.
Damilola EsebameJun 15, 2026
News
Electricity sector VAT crashes 51% in Q1 2026
Nigeria collected a record ₦2.42 trillion in Value Added Tax during the first three months of 2026, a figure that paints a rosy picture of the country’s expanding tax base.
Hillary RemyJun 15, 2026
Newsletter
The Weekly Financial Edge
One email every Sunday. The week’s most useful guides, market-moving stories, and practical tools — chosen by our editors.