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News

Airtel Africa snaps up more shares in latest June buyback

Airtel Africa keeps pulling its own stock off the open market as part of a $110 million capital reduction program that has already retired millions of shares.

Damilola EsebameJun 1, 2026
Tin Can port rakes in ₦401bn in just one quarter
News

Tin Can port rakes in ₦401bn in just one quarter

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.

Damilola EsebameMay 25, 2026
S&P building
News

S&P lifts 7 Nigerian banks after sovereign upgrade

If you hold money in a Nigerian bank or follow African markets, a significant shift just landed on global investors’ radar.

Peace LongeMay 22, 2026
Caricature image of Dangote and refinery. Dangote IPO
News

Dangote Refinery IPO draws $2bn before September launch

Aliko Dangote spent over a decade building the largest single-train oil refinery on Earth, and it has not gone public yet.

Hillary RemyMay 21, 2026
Cardoso holds firm on 26.5% rate as fuel costs surge
News

Cardoso holds firm on 26.5% rate as fuel costs surge

For eleven straight months, Nigeria’s inflation rate had been falling, rewarding one of the most aggressive monetary tightening campaigns on the continent.

Damilola EsebameMay 21, 2026
CBN faces tough call as MPC meets amid rising inflation
News

CBN faces tough call as MPC meets amid rising inflation

For eleven straight months, Nigeria’s inflation moved in the direction borrowers and business owners wanted: downward.

Tobi Opeyemi AmureMay 20, 2026
Dangote cement, BUA Foods & MTN
News

Dangote, BUA Foods, MTN stun NGX with 2026 surge

If you have been watching the Nigerian Exchange in 2026, you have probably noticed something the consensus models did not see coming this fast.

Peace LongeMay 20, 2026
BUA cement & Founder
News

BUA Cement finance income explodes 638% in just one quarter

Something unusual showed up in BUA Cement’s first-quarter filing for 2026, buried several pages past the profit headlines that grabbed most of the coverage.

Hillary RemyMay 20, 2026
DMO logo and Patience Oniha, DG DMO
News

DMO rolls out N600 billion offer with 22.60% coupon

If you have watched Nigerian fixed-income markets at all this year, the level of government yields is no longer a surprise to you.

Peace LongeMay 18, 2026
S&P Global building with logo
News

S&P lifts Nigeria’s rating after 14 long years of waiting

For 14 years Nigeria sat in the same corner of the global credit map, slipping further into territory investors call speculative.

Damilola EsebameMay 18, 2026
Caricature image of Opay building exterior
News

OPay’s IPO quietly lists 40 million Nigerians, too

OPay’s planned US stock market listing has been reported by Bloomberg, citing people familiar with the deal, as a $4 billion fintech milestone, with three Wall Street banks running the offering.

Hillary RemyMay 17, 2026
AfDB building exterior
News

AfDB channels $200 million into Nigeria’s industrial future

If you run a small business in Nigeria, finding affordable, long-dated capital can feel difficult given the cost of credit nationally.

Hillary RemyMay 16, 2026

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