News
First HoldCo surges 10% after listing 1 billion shares
First HoldCo’s stock rallied as investors digested a massive private placement and Femi Otedola’s growing grip on Nigeria’s oldest lender.
Hillary RemyJun 29, 2026
Editorial
Latest Articles
Page 11 of 15.
News
GTCO leads banking rally with 10% gain on a rough week
GTCO posted a 10% weekly gain as banking stocks defied a broad NGX selloff that hammered oil and industrial shares.
Peace LongeJun 29, 2026
Taxes
FIRS vs NRS — what the new Nigeria Revenue Service means for taxpayers
The old FIRS name is gone, replaced by a bigger mandate, a new digital portal, and expanded enforcement powers under the Nigeria Revenue Service.
Tobi Opeyemi AmureJun 27, 2026
News
Nigeria taps $1.5bn from $5bn UAE deal IMF flagged
Nigeria pulled $1.5 billion from a $5 billion derivatives deal with the UAE’s largest lender, ignoring warnings from the IMF, Fitch, and Moody’s about the risks involved.
Tobi Opeyemi AmureJun 27, 2026
Credit & Loans
Personal loans without collateral in Nigeria: banks, salary loans, and how to qualify
Personal loans without collateral in Nigeria are now available at every major bank, but the difference between the cheapest and costliest product could double your total repayment.
Damilola EsebameJun 27, 2026
News
NGX sheds nearly ₦1trn as 37 stocks stumble on Friday
Aradel Holdings hit the daily price floor for a second straight session as bears tightened their grip on the NGX, dragging 37 stocks lower and wiping nearly ₦1 trillion off market capitalization.
Hillary RemyJun 27, 2026
Credit & Loans
Government loans in Nigeria: complete guide to federal, state, and institutional financing
Government loans in Nigeria offer interest rates as low as 0%, but most eligible applicants never access funding because they apply to the wrong program.
Damilola EsebameJun 26, 2026
News
Aradel holds flat at ₦1,575 while oil peers slide
Aradel Holdings barely moved on June 25, but three of its closest oil sector rivals dropped close to the daily limit.
Peace LongeJun 26, 2026
Investing
Dangote Refinery IPO Price Per Share and Valuation: What Analysts Expect
The Dangote Refinery IPO price per share will be set during the book-building process, but analyst valuations between $39 billion and $50 billion already frame the likely range.
Damilola EsebameJun 26, 2026
Investing
Dangote Refinery IPO Date and NGX Listing Timeline Explained
No official Dangote refinery IPO date has been confirmed, but founder Aliko Dangote targets September 2026 as the SEC clarifies that no filing exists yet.
Damilola EsebameJun 25, 2026
News
S&P Global lifts Nigeria’s inflation call to 16.9%
S&P Globals hiked its 2026 projection by nearly two percentage points and trimmed Nigeria’s economic growth forecast in the same report.
Hillary RemyJun 25, 2026
Investing
Why a long de-rating has made UK smaller companies hard to ignore
Five years of outflows. A 41% discount to US peers. Earnings up, prices down. UK smaller companies have been written off by the market, and active managers are quietly noticing.
Damilola EsebameJun 25, 2026
News
Cadbury Nigeria slides 8% as food giants face selloff
Cadbury Nigeria dropped 8% as a broad wave of profit-taking swept through consumer goods stocks on the Nigerian Exchange, in a session that erased trillions in market value.
Damilola EsebameJun 25, 2026
News
Seplat sheds ₦1,136 in one session as oil stocks sink
Seplat Energy hit the daily circuit-limit floor as profit-taking wiped ₦3.64 trillion from the Nigerian Exchange in a single session.
Peace LongeJun 25, 2026
News
Private sector credit edges past ₦81tn amid 26.5% rate
Private sector credit crossed ₦81 trillion in May, but with lending rates as high as 46% and just 9.4% of GDP reaching businesses, the real question is who that growth is actually serving.
Hillary RemyJun 24, 2026
News
Nestle and MTN crash up to 10% in brutal session
Nestle and MTN led a broad wave of blue-chip stocks that slammed into their daily price limits on June 23, and the selling may not be over yet.
Damilola EsebameJun 24, 2026
News
United Capital insider snaps up 17,000 shares
A United Capital research analyst just put personal money behind the stock, raising questions about what she might be seeing inside the firm.
Peace LongeJun 24, 2026
Personal Finance
Nigeria Tax Act 2025 explained: every change that takes effect in 2026
Every major change in the Nigeria Tax Act 2025 explained, from income tax relief for low earners to new compliance rules reshaping obligations across the board.
Tobi Opeyemi AmureJun 23, 2026
News
Airtel Africa buys back 333,560 more shares in one week
Airtel Africa’s $110 million buyback machine keeps grinding as more than 7.7 million shares vanish from the open market in just one month.
Damilola EsebameJun 23, 2026
News
Naira firms at ₦1,369 as forex market shifts
The naira’s latest gain against the dollar looks modest, but a 63% surge in interbank turnover and record reserves point to something bigger.
Hillary RemyJun 23, 2026
News
Guinness Nigeria drops 10% in consumer goods rout
The brewer’s shares tumbled alongside BUA Foods, Nestle, and Unilever as a broad selloff hit the NGX consumer goods sector on June 22, 2026.
Peace LongeJun 23, 2026
Credit & Loans
Loan apps in Nigeria: complete 2026 guide to borrowing, regulation, and safety
Nigeria’s digital lending market has exploded past $2 billion, but hundreds of unlicensed apps still prey on borrowers. Here is everything you need to know about who is approved, who regulates the space, and how to protect yourself.
Damilola EsebameJun 22, 2026
News
Zenith Bank stalls 20% below its 52-week peak at ₦110
Nigeria’s most valuable banking stock has gone flat after its record April rally, and the gap between price and fundamentals raises questions about what comes next.
Hillary RemyJun 22, 2026
News
First HoldCo crashes 20% in NGX weekly bloodbath
The parent company of First Bank of Nigeria dropped by a fifth in five trading sessions as the broader Nigerian market shed ₦5.64 trillion in investor wealth.
Peace LongeJun 22, 2026
News
NGX Banking Index sheds 10% in brutal weekly selloff
Banking stocks bore the brunt of a five-day rout that wiped trillions from the NGX, with tier-one names like GTCO and First HoldCo leading the losses.
Damilola EsebameJun 22, 2026
Personal Finance
Nigerian banks split sharply on loan pricing in June
Lending rates at six major lenders range from 16% to 46%, and the gap reveals a deeper story about Nigeria’s credit market.
Damilola EsebameJun 20, 2026
News
BUA Cement drops 10% as building stocks face pressure
Nigeria’s second largest cement maker closed at its daily price floor, and it was not the only building stock that buckled on June 18.
Hillary RemyJun 20, 2026
News
Dangote insider offloads ₦34m in Nascon shares
A senior Dangote group staffer disposed of 173,400 Nascon shares in a single transaction, raising fresh questions about insider sentiment at one of Nigeria’s strongest consumer goods performers.
Damilola EsebameJun 20, 2026
News
Nigerian Breweries churns 80,000 shares but barely moves
Nigeria’s largest brewer traded 80,000 shares on June 18, a thin volume for a stock that averages millions per session, yet the price barely budged while the broader market shed ₦2.18 trillion in value.
Peace LongeJun 20, 2026
Investing
Rethinking concentration risk beyond the FTSE 100’s dividend giants
Ten companies. Fifty-two percent of the FTSE 100’s 2026 dividends. One sector cut could rewrite UK income returns. The headline yield hides what every passive income holder needs to see.
Damilola EsebameJun 19, 2026
Newsletter
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